Scan Steels

{
  "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": "",
    "primexch": 0,
    "country_id": 34,
    "currency": "INR",
    "cmp": "27.39",
    "chg": -0.5,
    "chgp": "-1.79%",
    "dir": -1,
    "prev_price": "27.89",
    "mcapval": "164.00 Cr",
    "mcap": "Micro Cap",
    "scripcode": 511672,
    "symbol": "",
    "ind_name": "Ferrous Metals",
    "ind_code": 23,
    "indexname": "",
    "isin": "INE099G01011",
    "curr_date": "Mar 17",
    "curr_time": "",
    "bse_nse_vol": "28.76 k",
    "exc_status": "Active",
    "traded_date": "Mar 17, 2026",
    "traded_date_str": "2026 03 17",
    "score": "",
    "scoreText": "",
    "Live": 0,
    "market_time": 0,
    "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": {
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  },
  "news": {
    "results": [
      {
        "title": "Scan Steels Ltd Falls to 52-Week Low Amid Continued Underperformance",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/scan-steels-ltd-falls-to-52-week-low-amid-continued-underperformance-3893911",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/3/ScanSteelsLtd_priceRelatedfactors_3893911.png",
        "date": "2026-03-16 12:11:02",
        "description": "Scan Steels Ltd, a micro-cap player in the ferrous metals sector, has touched a new 52-week low of Rs.27.1 today, marking a significant decline in its stock price amid ongoing challenges in its financial performance and market positioning."
      },
      {
        "title": "Scan Steels Ltd is Rated Strong Sell",
        "link": "https://www.marketsmojo.com/news/stock-recommendation/scan-steels-ltd-is-rated-strong-sell-3888554",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/3/ScanSteelsLtd_mojoScore_3888554.png",
        "date": "2026-03-13 10:10:14",
        "description": "Scan Steels Ltd is rated Strong Sell by MarketsMOJO. This rating was last updated on 19 Nov 2025, reflecting a significant reassessment of the stock’s outlook. However, all fundamentals, returns, and financial metrics discussed here are current as of 13 March 2026, providing investors with the latest perspective on the company’s position."
      },
      {
        "title": "Scan Steels Ltd Falls to 52-Week Low of Rs.27.99 Amid Continued Downtrend",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/scan-steels-ltd-falls-to-52-week-low-of-rs2799-amid-continued-downtrend-3879753",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/3/ScanSteelsLtd_priceRelatedfactors_3879753.png",
        "date": "2026-03-09 11:12:58",
        "description": "Scan Steels Ltd touched a new 52-week low of Rs.27.99 today, marking a significant decline in its share price amid a broader downturn in the ferrous metals sector. The stock underperformed its sector peers and key market indices, reflecting ongoing pressures on the company’s financial performance and valuation metrics."
      },
      {
        "title": "Scan Steels Ltd is Rated Strong Sell",
        "link": "https://www.marketsmojo.com/news/stock-recommendation/scan-steels-ltd-is-rated-strong-sell-3864268",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/3/ScanSteelsLtd_mojoScore_3864268.png",
        "date": "2026-03-02 10:10:21",
        "description": "Scan Steels Ltd is rated Strong Sell by MarketsMOJO, with this rating last updated on 19 Nov 2025. However, the analysis and financial metrics discussed below reflect the stock’s current position as of 02 March 2026, providing investors with an up-to-date view of the company’s fundamentals, valuation, financial trend, and technical outlook."
      },
      {
        "title": "Scan Steels Ltd is Rated Strong Sell",
        "link": "https://www.marketsmojo.com/news/stock-recommendation/scan-steels-ltd-is-rated-strong-sell-3846824",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/2/ScanSteelsLtd_mojoScore_3846824.png",
        "date": "2026-02-19 10:10:26",
        "description": "Scan Steels Ltd is rated Strong Sell by MarketsMOJO. This rating was last updated on 19 Nov 2025, reflecting a reassessment of the stock’s outlook. However, all fundamentals, returns, and financial metrics discussed here are current as of 19 February 2026, providing investors with the latest view of the company’s position."
      },
      {
        "title": "Scan Steels Ltd is Rated Strong Sell",
        "link": "https://www.marketsmojo.com/news/stock-recommendation/scan-steels-ltd-is-rated-strong-sell-3827296",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/2/ScanSteelsLtd_mojoScore_3827296.png",
        "date": "2026-02-08 10:10:17",
        "description": "Scan Steels Ltd is rated Strong Sell by MarketsMOJO, with this rating last updated on 19 Nov 2025. However, the analysis and financial metrics discussed below reflect the stock’s current position as of 08 February 2026, providing investors with an up-to-date view of the company’s fundamentals, valuation, financial trends, and technical outlook."
      },
      {
        "title": "Are Scan Steels Ltd latest results good or bad?",
        "link": "https://www.marketsmojo.com/news/result-analysis/are-scan-steels-ltd-latest-results-good-or-bad-3824765",
        "imagepath": "",
        "date": "2026-02-06 19:20:07",
        "description": "Scan Steels Ltd's latest financial results for Q2 FY26 indicate significant operational challenges. The company reported consolidated net profit of ₹0.19 crores, a sharp decline of 98.19% compared to the previous quarter, reflecting severe profitability pressures. Net sales also fell to ₹132.96 crores, marking a 42.69% decrease quarter-on-quarter and a 4.99% decline year-on-year. This downturn highlights a struggle with demand and pricing pressures in the steel market.\n\nOperating margins contracted to 4.27%, down from 8.33% in the previous quarter, indicating substantial margin compression driven by volatile steel prices and elevated raw material costs. The standalone operations turned loss-making, with a net loss of ₹0.25 crores, contrasting sharply with a profit of ₹10.04 crores in the prior quarter.\n\nThe company's return on equity (ROE) of 4.29% remains below industry standards, signaling inefficiencies ..."
      },
      {
        "title": "Scan Steels Q2 FY26: Profitability Collapse Raises Serious Concerns",
        "link": "https://www.marketsmojo.com/news/result-analysis/scan-steels-q2-fy26-profitability-collapse-raises-serious-concerns-3823055",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/2/ScanSteels_quaterlyResult_3823055.png",
        "date": "2026-02-05 20:00:31",
        "description": "Scan Steels Ltd., a micro-cap ferrous metals company with a market capitalisation of ₹186.00 crores, reported a consolidated net profit of ₹0.19 crores in Q2 FY26, marking a catastrophic decline of 98.19% quarter-on-quarter and a 122.62% year-on-year drop. The dramatic deterioration in profitability, coupled with a 42.69% sequential revenue contraction, has intensified concerns about the company's operational resilience and demand environment. Following the results, the stock has plunged 29.24% over the past year, significantly underperforming the Sensex's 6.44% gain and the ferrous metals sector's 27.49% return."
      },
      {
        "title": "Scan Steels Ltd Falls to 52-Week Low Amidst Continued Downtrend",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/scan-steels-ltd-falls-to-52-week-low-amidst-continued-downtrend-3814286",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/2/ScanSteelsLtd_priceRelatedfactors_3814286.png",
        "date": "2026-02-01 10:40:45",
        "description": "Scan Steels Ltd, a player in the Ferrous Metals sector, touched a fresh 52-week low of Rs.28.02 today, marking a significant decline amid ongoing downward momentum. The stock has underperformed its sector and broader market indices, reflecting persistent pressures on its financial and market performance."
      }
    ],
    "total": 115,
    "sid": "150700",
    "stock_news_url": "https://www.marketsmojo.com/news/scan-steels-150700"
  },
  "announcements": [
    {
      "caption": "Non-Applicability Of Escrow Payment Mechanism",
      "datetime": "12-Feb-2026",
      "details": "Escrow Payment Mechanism is not applicable to the Company.",
      "source": "BSE"
    },
    {
      "caption": "Announcement under Regulation 30 (LODR)-Newspaper Publication",
      "datetime": "06-Feb-2026",
      "details": "Newspaper publication of Un-audited Financial Results of the Company for the Third Quarter (Q3) and Nine Months Ended on December 31 2025.",
      "source": "BSE"
    },
    {
      "caption": "Announcement under Regulation 30 (LODR)-Press Release / Media Release",
      "datetime": "05-Feb-2026",
      "details": "Press Release regarding Q3 and Nine Months ended on December 31 2025 (Q3 & 9MFY26) - Financial & Operational Performance.",
      "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

Scan Steels Ltd Falls to 52-Week Low Amid Continued Underperformance

2026-03-16 12:11:02

Scan Steels Ltd, a micro-cap player in the ferrous metals sector, has touched a new 52-week low of Rs.27.1 today, marking a significant decline in its stock price amid ongoing challenges in its financial performance and market positioning.

Read full news article

Scan Steels Ltd is Rated Strong Sell

2026-03-13 10:10:14

Scan Steels Ltd is rated Strong Sell by MarketsMOJO. This rating was last updated on 19 Nov 2025, reflecting a significant reassessment of the stock’s outlook. However, all fundamentals, returns, and financial metrics discussed here are current as of 13 March 2026, providing investors with the latest perspective on the company’s position.

Read full news article

Scan Steels Ltd Falls to 52-Week Low of Rs.27.99 Amid Continued Downtrend

2026-03-09 11:12:58

Scan Steels Ltd touched a new 52-week low of Rs.27.99 today, marking a significant decline in its share price amid a broader downturn in the ferrous metals sector. The stock underperformed its sector peers and key market indices, reflecting ongoing pressures on the company’s financial performance and valuation metrics.

Read full news article

Scan Steels Ltd is Rated Strong Sell

2026-03-02 10:10:21

Scan Steels Ltd is rated Strong Sell by MarketsMOJO, with this rating last updated on 19 Nov 2025. However, the analysis and financial metrics discussed below reflect the stock’s current position as of 02 March 2026, providing investors with an up-to-date view of the company’s fundamentals, valuation, financial trend, and technical outlook.

Read full news article

Scan Steels Ltd is Rated Strong Sell

2026-02-19 10:10:26

Scan Steels Ltd is rated Strong Sell by MarketsMOJO. This rating was last updated on 19 Nov 2025, reflecting a reassessment of the stock’s outlook. However, all fundamentals, returns, and financial metrics discussed here are current as of 19 February 2026, providing investors with the latest view of the company’s position.

Read full news article

Scan Steels Ltd is Rated Strong Sell

2026-02-08 10:10:17

Scan Steels Ltd is rated Strong Sell by MarketsMOJO, with this rating last updated on 19 Nov 2025. However, the analysis and financial metrics discussed below reflect the stock’s current position as of 08 February 2026, providing investors with an up-to-date view of the company’s fundamentals, valuation, financial trends, and technical outlook.

Read full news article

Are Scan Steels Ltd latest results good or bad?

2026-02-06 19:20:07

Scan Steels Ltd's latest financial results for Q2 FY26 indicate significant operational challenges. The company reported consolidated net profit of ₹0.19 crores, a sharp decline of 98.19% compared to the previous quarter, reflecting severe profitability pressures. Net sales also fell to ₹132.96 crores, marking a 42.69% decrease quarter-on-quarter and a 4.99% decline year-on-year. This downturn highlights a struggle with demand and pricing pressures in the steel market. Operating margins contracted to 4.27%, down from 8.33% in the previous quarter, indicating substantial margin compression driven by volatile steel prices and elevated raw material costs. The standalone operations turned loss-making, with a net loss of ₹0.25 crores, contrasting sharply with a profit of ₹10.04 crores in the prior quarter. The company's return on equity (ROE) of 4.29% remains below industry standards, signaling inefficiencies ...

Read full news article

Scan Steels Q2 FY26: Profitability Collapse Raises Serious Concerns

2026-02-05 20:00:31

Scan Steels Ltd., a micro-cap ferrous metals company with a market capitalisation of ₹186.00 crores, reported a consolidated net profit of ₹0.19 crores in Q2 FY26, marking a catastrophic decline of 98.19% quarter-on-quarter and a 122.62% year-on-year drop. The dramatic deterioration in profitability, coupled with a 42.69% sequential revenue contraction, has intensified concerns about the company's operational resilience and demand environment. Following the results, the stock has plunged 29.24% over the past year, significantly underperforming the Sensex's 6.44% gain and the ferrous metals sector's 27.49% return.

Read full news article

Scan Steels Ltd Falls to 52-Week Low Amidst Continued Downtrend

2026-02-01 10:40:45

Scan Steels Ltd, a player in the Ferrous Metals sector, touched a fresh 52-week low of Rs.28.02 today, marking a significant decline amid ongoing downward momentum. The stock has underperformed its sector and broader market indices, reflecting persistent pressures on its financial and market performance.

Read full news article

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