{
  "main_header": {
    "sid": 150700,
    "name": "Scan Steels",
    "stock_name": "Scan Steels",
    "full_name": "Scan Steels Ltd",
    "name_url": "stocks-analysis/scan-steels",
    "exchange": 0,
    "exchangecode": "",
    "country_id": 34,
    "currency": "INR",
    "cmp": "31.95",
    "chg": -2.81,
    "chgp": "-8.08%",
    "dir": -1,
    "prev_price": "34.76",
    "mcapval": "187.23 Cr",
    "mcap": "Micro Cap",
    "scripcode": 511672,
    "symbol": "",
    "ind_name": "Ferrous Metals",
    "ind_code": 23,
    "indexname": "",
    "isin": "INE099G01011",
    "curr_date": "Dec 05",
    "curr_time": "",
    "bse_nse_vol": "1.04 lacs",
    "exc_status": "Active",
    "traded_date": "Dec 05, 2025",
    "traded_date_str": "2025 12 05",
    "score": "",
    "scoreText": "",
    "Live": 1,
    "market_time": 1,
    "is_blur": 1,
    "is_blur_class": "blur-registerF-score-header",
    "is_blur_url": "https://www.marketsmojo.com/mojofeed/register?redirect=/stocks-analysis/scan-steels-150700-0&utm_source=Spage_Header_Score",
    "mojoone": {
      "ismore": 0
    }
  },
  "news": {
    "results": [
      {
        "title": "Why is Scan Steels falling/rising?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/why-is-scan-steels-fallingrising-3726471",
        "imagepath": "",
        "date": "2025-11-25 00:12:27",
        "description": "    <div class=\"article-news-new\">\n        <div class=\"article-container\">\n\n<div class=\"article-content\">\n\n<p><strong>Extended Downtrend and Underperformance Against Benchmarks</strong></p>\n<p>Scan Steels has been grappling with a significant downtrend over recent months. Over the past week, the stock has declined by 9.58%, sharply contrasting with the near-flat performance of the Sensex, which edged down by just 0.06% in the same period. The divergence becomes even more pronounced over longer horizons. In the last month, Scan Steels plummeted 23.55%, while the Sensex gained 0.82%. Year-to-date, the stock is down 28.34%, whereas the Sensex has appreciated by 8.65%. Even over the last year, Scan Steels has lost 24.53%, while the benchmark index rose 7.31%. These figures underscore the stock’s persistent weakness amid a generally positive market environment.</p>\n<p>While the five-year returns for Scan Steels ..."
      },
      {
        "title": "Is Scan Steels overvalued or undervalued?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/is-scan-steels-overvalued-or-undervalued-3716696",
        "imagepath": "",
        "date": "2025-11-20 08:05:03",
        "description": "As of 19 November 2025, Scan Steels has moved from a very attractive to an attractive valuation grade. The company appears to be undervalued, with a PE ratio of 11.27, a Price to Book Value of 0.48, and an EV to EBITDA of 7.00. These ratios suggest that the stock is trading at a significant discount compared to its peers, particularly when considering JSW Steel, which has a PE ratio of 46.65, and Tata Steel, with a PE ratio of 29.03.\n\nIn comparison to its peers, Scan Steels' valuation metrics indicate a strong relative position, especially with an EV to Sales ratio of 0.39, which is considerably lower than many competitors. The company has also shown a return on capital employed (ROCE) of 5.29% and a return on equity (ROE) of 4.29%, which, while modest, reflect potential for improvement. Despite recent underperformance against the Sensex, with a year-to-date return of -23.53% compared to the Sensex's 9.02%,..."
      },
      {
        "title": "Scan Steels: An In-Depth Look at Recent Changes in Business Fundamentals",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/scan-steels-downgraded-to-strong-sell-as-quality-parameters-deteriorate-3716678",
        "imagepath": "https://i.marketsmojo.com/newsimg/2025/11/ScanSteels_qualitydot_3716678.png",
        "date": "2025-11-20 08:00:06",
        "description": "Scan Steels, a player in the ferrous metals sector, has undergone a revision in its evaluation metrics reflecting shifts in key business fundamentals such as return on equity, return on capital employed, debt levels, and operational consistency. This article analyses these changes in the context of the company’s recent performance and broader market trends."
      },
      {
        "title": "How has been the historical performance of Scan Steels?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/how-has-been-the-historical-performance-of-scan-steels-3716129",
        "imagepath": "",
        "date": "2025-11-19 22:39:32",
        "description": "Answer:\nThe historical performance of Scan Steels shows a declining trend in net sales over the past three years, with figures of 1,090.78 Cr in Mar'23, 965.41 Cr in Mar'24, and further decreasing to 789.20 Cr in Mar'25. Despite this decline in sales, the company has managed to improve its profit before tax, which rose from 22.00 Cr in Mar'23 to 24.16 Cr in Mar'24, and then to 26.08 Cr in Mar'25. Profit after tax also increased from 15.32 Cr in Mar'23 to 19.60 Cr in Mar'25, indicating a positive trend in profitability. The operating profit margin (excluding other income) improved from 4.46% in Mar'23 to 5.75% in Mar'25, reflecting better cost management. However, total liabilities decreased from 608.30 Cr in Mar'24 to 579.22 Cr in Mar'25, while total assets also saw a slight decline from 608.30 Cr to 579.22 Cr in the same period. The company's cash flow from operating activities has decreased significantly ..."
      },
      {
        "title": "Scan Steels Investment Evaluation Sees Notable Adjustment Amid Mixed Financial and Technical Signals",
        "link": "https://www.marketsmojo.com/news/stock-recommendation/scan-steels-downgraded-to-sell-by-marketsmojo-amid-weak-financials-and-technicals-3714169",
        "imagepath": "https://i.marketsmojo.com/newsimg/2025/11/ScanSteels_mojoScore_3714169.png",
        "date": "2025-11-19 08:00:49",
        "description": "Scan Steels, a key player in the ferrous metals sector, has undergone a revision in its investment evaluation following a detailed analysis of its quality, valuation, financial trends, and technical indicators. This adjustment reflects a nuanced view of the company’s recent performance and market positioning, highlighting both challenges and areas of relative strength."
      },
      {
        "title": "How has been the historical performance of Scan Steels?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/how-has-been-the-historical-performance-of-scan-steels-3713094",
        "imagepath": "",
        "date": "2025-11-18 22:54:59",
        "description": "Answer:\nThe historical performance of Scan Steels shows a declining trend in net sales and total operating income over the past three years, with figures of 1,090.78 Cr in Mar'23, 965.41 Cr in Mar'24, and 789.20 Cr in Mar'25. The company has also seen a significant reduction in raw material costs, which decreased from 794.20 Cr in Mar'23 to 497.28 Cr in Mar'25. Despite the drop in sales, the operating profit margin (excluding other income) improved from 4.46% in Mar'23 to 5.75% in Mar'25, indicating better cost management. Profit before tax increased from 22.00 Cr in Mar'23 to 26.08 Cr in Mar'25, and profit after tax rose from 15.32 Cr in Mar'23 to 19.60 Cr in Mar'25. The earnings per share (EPS) also improved from 2.93 in Mar'23 to 3.69 in Mar'25. On the balance sheet, total liabilities decreased from 608.30 Cr in Mar'24 to 579.22 Cr in Mar'25, while total assets also saw a decline from 608.30 Cr to 579.22..."
      },
      {
        "title": "Why is Scan Steels falling/rising?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/why-is-scan-steels-fallingrising-3676513",
        "imagepath": "",
        "date": "2025-11-06 21:11:24",
        "description": "As of 06-Nov, Scan Steels Ltd is experiencing a decline in its stock price, currently at Rs 38.39, which reflects a decrease of Rs 1.19 or 3.01%. The stock has been underperforming, having fallen consecutively for the last three days, resulting in a total decline of 12.59% during this period. Today's trading saw the stock reach an intraday low of Rs 36.01, indicating significant volatility with an intraday fluctuation of 5.54%. Additionally, the stock's delivery volume has decreased by 60.26% compared to the five-day average, suggesting a drop in investor participation. Over the past week, the stock has underperformed the sector by 1.5%, and its year-to-date return stands at a negative 17.88%.\n\nIn the broader market context, the Sensex has shown a relatively stable performance, gaining 6.62% year-to-date, while Scan Steels has significantly lagged behind with its negative returns. Over the past week, the st..."
      },
      {
        "title": "Is Scan Steels overvalued or undervalued?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/is-scan-steels-overvalued-or-undervalued-3668636",
        "imagepath": "",
        "date": "2025-11-04 08:06:08",
        "description": "As of 3 November 2025, Scan Steels has moved from an attractive to a very attractive valuation grade, indicating a significant improvement in its perceived value. The company is currently considered undervalued, with a PE ratio of 12.72, an EV to EBITDA of 6.59, and a Price to Book Value of 0.56. These ratios suggest that Scan Steels is trading at a discount compared to its peers.\n\nIn comparison to its industry peers, Scan Steels stands out with a much lower PE ratio than JSW Steel, which has a PE of 47.58, and Tata Steel, which has a PE of 46.98. Additionally, the EV to EBITDA ratio of 6.59 for Scan Steels is significantly lower than that of JSW Steel's 13.93, reinforcing the notion of undervaluation. Despite recent stock performance lagging behind the Sensex over the past year, the fundamental metrics indicate that Scan Steels presents a compelling investment opportunity at its current price of 40.35...."
      },
      {
        "title": "Why is Scan Steels falling/rising?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/why-is-scan-steels-fallingrising-3667573",
        "imagepath": "",
        "date": "2025-11-03 21:15:46",
        "description": "As of 03-Nov, Scan Steels Ltd is experiencing a decline in its stock price, currently at Rs 40.35, which represents a decrease of Rs 3.57 or 8.13%. The stock has underperformed its sector by 8.27% today and has fallen after two consecutive days of gains. It opened with a loss of 4.37% and reached an intraday low of Rs 39.41, reflecting a drop of 10.27%. Over the past week, the stock has decreased by 4.70%, and year-to-date, it has fallen by 13.69%. Although the stock is trading above its 50-day, 100-day, and 200-day moving averages, it is below its 5-day and 20-day moving averages. There has been a significant increase in investor participation, with delivery volume rising by 273.38% against the 5-day average, indicating some interest despite the price drop.\n\nIn the broader market context, the Sensex has shown a relatively stable performance, with a slight decline of 0.94% over the past week and a gain of 7..."
      }
    ],
    "total": 100,
    "sid": "150700",
    "stock_news_url": "https://www.marketsmojo.com/news/scan-steels-150700"
  },
  "announcements": [
    {
      "caption": "Announcement under Regulation 30 (LODR)-Allotment",
      "datetime": "01-Dec-2025",
      "details": "Outcome of the Board Meeting held on December 01 2025 - Allotment of 2042133 OCRPS of the Company having Face Value of Rs. 10/- each on Preferential basis to specified persons.",
      "source": "BSE"
    },
    {
      "caption": "Outcome Of The Board Meeting Held On December 01 2025 - Allotment Of 2042133 Optionally Convertible Redeemable Preference Shares (OCRPS) Of The Company Having Face Value Of Rs. 10/- Each On Preferential Basis To Specified Persons.",
      "datetime": "01-Dec-2025",
      "details": "Outcome of the Board Meeting held on December 01 2025 for Allotment of 2042133 OCRPS of the Company having Face Value of Rs. 10 each on Preferential basis to specified persons.",
      "source": "BSE"
    },
    {
      "caption": "Announcement under Regulation 30 (LODR)-Newspaper Publication",
      "datetime": "01-Nov-2025",
      "details": "Newspaper Publication of Un-audited Standalone & Consolidated Financial Results for the Quarter and Half Year Ended September 30 2025.",
      "source": "BSE"
    }
  ],
  "corporate_actions": [
    {
      "img": "board-meeting.svg",
      "title": "BOARD MEETING",
      "msg": "<span>No</span> Upcoming Board Meetings",
      "data": []
    },
    {
      "img": "dividend.svg",
      "title": "DIVIDEND",
      "msg": "No <strong>Dividend</strong> history available",
      "data": []
    },
    {
      "img": "splits.svg",
      "title": "SPLITS",
      "msg": "No <strong>Splits</strong> history available",
      "data": []
    },
    {
      "img": "bonus.svg",
      "title": "BONUS",
      "msg": "No <strong>Bonus</strong> history available",
      "data": []
    },
    {
      "img": "rights-issues.svg",
      "title": "RIGHTS",
      "msg": "No <strong>Rights</strong> history available",
      "data": []
    }
  ]
}

News and Views

Why is Scan Steels falling/rising?

2025-11-25 00:12:27

Extended Downtrend and Underperformance Against Benchmarks

Scan Steels has been grappling with a significant downtrend over recent months. Over the past week, the stock has declined by 9.58%, sharply contrasting with the near-flat performance of the Sensex, which edged down by just 0.06% in the same period. The divergence becomes even more pronounced over longer horizons. In the last month, Scan Steels plummeted 23.55%, while the Sensex gained 0.82%. Year-to-date, the stock is down 28.34%, whereas the Sensex has appreciated by 8.65%. Even over the last year, Scan Steels has lost 24.53%, while the benchmark index rose 7.31%. These figures underscore the stock’s persistent weakness amid a generally positive market environment.

While the five-year returns for Scan Steels ...

Read More

Is Scan Steels overvalued or undervalued?

2025-11-20 08:05:03

As of 19 November 2025, Scan Steels has moved from a very attractive to an attractive valuation grade. The company appears to be undervalued, with a PE ratio of 11.27, a Price to Book Value of 0.48, and an EV to EBITDA of 7.00. These ratios suggest that the stock is trading at a significant discount compared to its peers, particularly when considering JSW Steel, which has a PE ratio of 46.65, and Tata Steel, with a PE ratio of 29.03. In comparison to its peers, Scan Steels' valuation metrics indicate a strong relative position, especially with an EV to Sales ratio of 0.39, which is considerably lower than many competitors. The company has also shown a return on capital employed (ROCE) of 5.29% and a return on equity (ROE) of 4.29%, which, while modest, reflect potential for improvement. Despite recent underperformance against the Sensex, with a year-to-date return of -23.53% compared to the Sensex's 9.02%,...

Read More

Scan Steels: An In-Depth Look at Recent Changes in Business Fundamentals

2025-11-20 08:00:06

Scan Steels, a player in the ferrous metals sector, has undergone a revision in its evaluation metrics reflecting shifts in key business fundamentals such as return on equity, return on capital employed, debt levels, and operational consistency. This article analyses these changes in the context of the company’s recent performance and broader market trends.

Read More

How has been the historical performance of Scan Steels?

2025-11-19 22:39:32

Answer: The historical performance of Scan Steels shows a declining trend in net sales over the past three years, with figures of 1,090.78 Cr in Mar'23, 965.41 Cr in Mar'24, and further decreasing to 789.20 Cr in Mar'25. Despite this decline in sales, the company has managed to improve its profit before tax, which rose from 22.00 Cr in Mar'23 to 24.16 Cr in Mar'24, and then to 26.08 Cr in Mar'25. Profit after tax also increased from 15.32 Cr in Mar'23 to 19.60 Cr in Mar'25, indicating a positive trend in profitability. The operating profit margin (excluding other income) improved from 4.46% in Mar'23 to 5.75% in Mar'25, reflecting better cost management. However, total liabilities decreased from 608.30 Cr in Mar'24 to 579.22 Cr in Mar'25, while total assets also saw a slight decline from 608.30 Cr to 579.22 Cr in the same period. The company's cash flow from operating activities has decreased significantly ...

Read More

Scan Steels Investment Evaluation Sees Notable Adjustment Amid Mixed Financial and Technical Signals

2025-11-19 08:00:49

Scan Steels, a key player in the ferrous metals sector, has undergone a revision in its investment evaluation following a detailed analysis of its quality, valuation, financial trends, and technical indicators. This adjustment reflects a nuanced view of the company’s recent performance and market positioning, highlighting both challenges and areas of relative strength.

Read More

How has been the historical performance of Scan Steels?

2025-11-18 22:54:59

Answer: The historical performance of Scan Steels shows a declining trend in net sales and total operating income over the past three years, with figures of 1,090.78 Cr in Mar'23, 965.41 Cr in Mar'24, and 789.20 Cr in Mar'25. The company has also seen a significant reduction in raw material costs, which decreased from 794.20 Cr in Mar'23 to 497.28 Cr in Mar'25. Despite the drop in sales, the operating profit margin (excluding other income) improved from 4.46% in Mar'23 to 5.75% in Mar'25, indicating better cost management. Profit before tax increased from 22.00 Cr in Mar'23 to 26.08 Cr in Mar'25, and profit after tax rose from 15.32 Cr in Mar'23 to 19.60 Cr in Mar'25. The earnings per share (EPS) also improved from 2.93 in Mar'23 to 3.69 in Mar'25. On the balance sheet, total liabilities decreased from 608.30 Cr in Mar'24 to 579.22 Cr in Mar'25, while total assets also saw a decline from 608.30 Cr to 579.22...

Read More

Why is Scan Steels falling/rising?

2025-11-06 21:11:24

As of 06-Nov, Scan Steels Ltd is experiencing a decline in its stock price, currently at Rs 38.39, which reflects a decrease of Rs 1.19 or 3.01%. The stock has been underperforming, having fallen consecutively for the last three days, resulting in a total decline of 12.59% during this period. Today's trading saw the stock reach an intraday low of Rs 36.01, indicating significant volatility with an intraday fluctuation of 5.54%. Additionally, the stock's delivery volume has decreased by 60.26% compared to the five-day average, suggesting a drop in investor participation. Over the past week, the stock has underperformed the sector by 1.5%, and its year-to-date return stands at a negative 17.88%. In the broader market context, the Sensex has shown a relatively stable performance, gaining 6.62% year-to-date, while Scan Steels has significantly lagged behind with its negative returns. Over the past week, the st...

Read More

Is Scan Steels overvalued or undervalued?

2025-11-04 08:06:08

As of 3 November 2025, Scan Steels has moved from an attractive to a very attractive valuation grade, indicating a significant improvement in its perceived value. The company is currently considered undervalued, with a PE ratio of 12.72, an EV to EBITDA of 6.59, and a Price to Book Value of 0.56. These ratios suggest that Scan Steels is trading at a discount compared to its peers. In comparison to its industry peers, Scan Steels stands out with a much lower PE ratio than JSW Steel, which has a PE of 47.58, and Tata Steel, which has a PE of 46.98. Additionally, the EV to EBITDA ratio of 6.59 for Scan Steels is significantly lower than that of JSW Steel's 13.93, reinforcing the notion of undervaluation. Despite recent stock performance lagging behind the Sensex over the past year, the fundamental metrics indicate that Scan Steels presents a compelling investment opportunity at its current price of 40.35....

Read More

Why is Scan Steels falling/rising?

2025-11-03 21:15:46

As of 03-Nov, Scan Steels Ltd is experiencing a decline in its stock price, currently at Rs 40.35, which represents a decrease of Rs 3.57 or 8.13%. The stock has underperformed its sector by 8.27% today and has fallen after two consecutive days of gains. It opened with a loss of 4.37% and reached an intraday low of Rs 39.41, reflecting a drop of 10.27%. Over the past week, the stock has decreased by 4.70%, and year-to-date, it has fallen by 13.69%. Although the stock is trading above its 50-day, 100-day, and 200-day moving averages, it is below its 5-day and 20-day moving averages. There has been a significant increase in investor participation, with delivery volume rising by 273.38% against the 5-day average, indicating some interest despite the price drop. In the broader market context, the Sensex has shown a relatively stable performance, with a slight decline of 0.94% over the past week and a gain of 7...

Read More

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