Scan Steels Ltd () News & Corporate Actions | Announcements, Board Meetings, Splits, Bonuses, Rights Issues

{
  "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": "32.65",
    "chg": -0.33,
    "chgp": "-1.0%",
    "dir": -1,
    "prev_price": "32.98",
    "mcapval": "190.00 Cr",
    "mcap": "Micro Cap",
    "scripcode": 511672,
    "symbol": "",
    "ind_name": "Ferrous Metals",
    "ind_code": 23,
    "indexname": "",
    "isin": "INE099G01011",
    "curr_date": "Feb 11",
    "curr_time": "",
    "bse_nse_vol": "3.28 k",
    "exc_status": "Active",
    "traded_date": "Feb 11, 2026",
    "traded_date_str": "2026 02 11",
    "score": "",
    "scoreText": "",
    "Live": 1,
    "market_time": 1,
    "is_blur": 1,
    "is_blur_class": "blur-register-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": "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."
      },
      {
        "title": "Scan Steels Ltd Valuation Shifts Signal Renewed Price Attractiveness Amid Sector Challenges",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/scan-steels-ltd-valuation-shifts-signal-renewed-price-attractiveness-amid-sector-challenges-3813506",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/2/ScanSteelsLtd_valuationdot_3813506.png",
        "date": "2026-02-01 08:00:29",
        "description": "Scan Steels Ltd has witnessed a notable shift in its valuation parameters, moving from a very attractive to an attractive rating, driven primarily by its current price-to-earnings (P/E) and price-to-book value (P/BV) ratios. Despite this improvement in valuation metrics, the company’s financial performance and market returns remain mixed, prompting a cautious stance from analysts and investors alike."
      },
      {
        "title": "Scan Steels Ltd is Rated Strong Sell",
        "link": "https://www.marketsmojo.com/news/stock-recommendation/scan-steels-ltd-is-rated-strong-sell-3807407",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/1/ScanSteelsLtd_mojoScore_3807407.png",
        "date": "2026-01-28 10:10:20",
        "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 here reflect the company’s current position as of 28 January 2026, providing investors with the latest insights into the stock’s performance and outlook."
      },
      {
        "title": "Scan Steels Ltd is Rated Strong Sell",
        "link": "https://www.marketsmojo.com/news/stock-recommendation/scan-steels-ltd-is-rated-strong-sell-3781627",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/1/ScanSteelsLtd_mojoScore_3781627.png",
        "date": "2026-01-05 10:11:38",
        "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 below are current as of 05 January 2026, providing investors with the latest perspective on the company’s position."
      },
      {
        "title": "Scan Steels Ltd Forms Death Cross Signalling Potential Bearish Trend",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/scan-steels-ltd-forms-death-cross-signalling-potential-bearish-trend-3773748",
        "imagepath": "https://i.marketsmojo.com/newsimg/2025/12/ScanSteelsLtd_dealthcross_3773748.png",
        "date": "2025-12-29 18:00:21",
        "description": "Scan Steels Ltd, a micro-cap player in the ferrous metals sector, has recently formed a Death Cross, a significant technical indicator where the 50-day moving average crosses below the 200-day moving average. This development signals a potential shift towards a bearish trend, reflecting deteriorating momentum and long-term weakness in the stock’s price action."
      },
      {
        "title": "Scan Steels Ltd is Rated Strong Sell",
        "link": "https://www.marketsmojo.com/news/stock-recommendation/scan-steels-ltd-is-rated-strong-sell-3769256",
        "imagepath": "https://i.marketsmojo.com/newsimg/2025/12/ScanSteelsLtd_mojoScore_3769256.png",
        "date": "2025-12-25 12:57:37",
        "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 here reflect the company’s current position as of 25 December 2025, providing investors with the latest insights into the stock’s fundamentals, valuation, financial trends, and technical outlook."
      }
    ],
    "total": 110,
    "sid": "150700",
    "stock_news_url": "https://www.marketsmojo.com/news/scan-steels-150700"
  },
  "announcements": [
    {
      "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"
    },
    {
      "caption": "Board Meeting Outcome for Outcome Of Board Meeting - Regulation 30 And 33 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015 (SEBI Listing Regulations)",
      "datetime": "05-Feb-2026",
      "details": "The Board of Directors of the Company at its Board Meeting held today i.e. Thursday February 05 2026 inter-alia has considered approved and transacted the following business: 1. Un-audited Standalone and Consolidated Financial Results of the Company for the Third Quarter (Q3) and Nine Months ended on December 31 2025 along with the Limited Review Report thereon issued by the Statutory Auditors of the Company; 2. Acquisition of Equity shares of BINDALS SPONNGE INDUSTRIES LIMITED under NCLT Resolution plan.",
      "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 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

Scan Steels Ltd Valuation Shifts Signal Renewed Price Attractiveness Amid Sector Challenges

2026-02-01 08:00:29

Scan Steels Ltd has witnessed a notable shift in its valuation parameters, moving from a very attractive to an attractive rating, driven primarily by its current price-to-earnings (P/E) and price-to-book value (P/BV) ratios. Despite this improvement in valuation metrics, the company’s financial performance and market returns remain mixed, prompting a cautious stance from analysts and investors alike.

Read full news article

Scan Steels Ltd is Rated Strong Sell

2026-01-28 10:10:20

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 here reflect the company’s current position as of 28 January 2026, providing investors with the latest insights into the stock’s performance and outlook.

Read full news article

Scan Steels Ltd is Rated Strong Sell

2026-01-05 10:11:38

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 below are current as of 05 January 2026, providing investors with the latest perspective on the company’s position.

Read full news article

Scan Steels Ltd Forms Death Cross Signalling Potential Bearish Trend

2025-12-29 18:00:21

Scan Steels Ltd, a micro-cap player in the ferrous metals sector, has recently formed a Death Cross, a significant technical indicator where the 50-day moving average crosses below the 200-day moving average. This development signals a potential shift towards a bearish trend, reflecting deteriorating momentum and long-term weakness in the stock’s price action.

Read full news article

Scan Steels Ltd is Rated Strong Sell

2025-12-25 12:57:37

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 here reflect the company’s current position as of 25 December 2025, providing investors with the latest insights into the stock’s fundamentals, valuation, financial trends, and technical outlook.

Read full news article

View All News