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": "32.97",
    "chg": -0.01,
    "chgp": "-0.03%",
    "dir": -1,
    "prev_price": "32.98",
    "mcapval": "199.00 Cr",
    "mcap": "Micro Cap",
    "scripcode": 511672,
    "symbol": "",
    "ind_name": "Ferrous Metals",
    "ind_code": 23,
    "indexname": "India SENSEX",
    "isin": "INE099G01011",
    "curr_date": "Apr 10",
    "curr_time": "",
    "bse_nse_vol": "16.48 k",
    "exc_status": "Active",
    "traded_date": "Apr 10, 2026",
    "traded_date_str": "2026 04 10",
    "score": "",
    "scoreText": "",
    "Live": 0,
    "market_time": 0,
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  },
  "news": {
    "results": [
      {
        "title": "Scan Steels Ltd Upgraded to Sell on Technical Improvements Despite Flat Financials",
        "link": "https://www.marketsmojo.com/news/stock-recommendation/scan-steels-ltd-upgraded-to-sell-on-technical-improvements-despite-flat-financials-3935283",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/4/ScanSteelsLtd_mojoScore_3935283.png",
        "date": "2026-04-07 08:01:29",
        "description": "Scan Steels Ltd has seen its investment rating upgraded from Strong Sell to Sell as of 6 April 2026, driven primarily by a shift in technical indicators amid persistent fundamental challenges. While the company’s financial performance remains subdued, recent technical signals suggest a mild improvement in market sentiment, prompting a reassessment of its outlook."
      },
      {
        "title": "Scan Steels Ltd is Rated Strong Sell",
        "link": "https://www.marketsmojo.com/news/stock-recommendation/scan-steels-ltd-is-rated-strong-sell-3933264",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/4/ScanSteelsLtd_mojoScore_3933264.png",
        "date": "2026-04-05 10:10:11",
        "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 05 April 2026, providing investors with an up-to-date perspective on the stock’s fundamentals, valuation, financial trends, and technical outlook."
      },
      {
        "title": "Scan Steels Ltd Falls to 52-Week Low of Rs 25.33 as Sell-Off Deepens",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/scan-steels-ltd-falls-to-52-week-low-of-rs2533-amid-continued-downtrend-3919716",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/3/ScanSteelsLtd_priceRelatedfactors_3919716.png",
        "date": "2026-03-27 13:10:50",
        "description": "For the second consecutive session, Scan Steels Ltd has succumbed to selling pressure, hitting a fresh 52-week low of Rs 25.33 on 27 Mar 2026. This decline comes amid a broader market downturn, but the stock’s underperformance is notably sharper than its peers in the ferrous metals sector."
      },
      {
        "title": "Scan Steels Ltd is Rated Strong Sell by MarketsMOJO",
        "link": "https://www.marketsmojo.com/news/stock-recommendation/scan-steels-ltd-is-rated-strong-sell-by-marketsmojo-3915813",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/3/ScanSteelsLtd_mojoScore_3915813.png",
        "date": "2026-03-25 10:10:18",
        "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 March 2026, providing investors with an up-to-date view of the stock’s fundamentals, valuation, financial trends, and technical outlook."
      },
      {
        "title": "Scan Steels Ltd Falls to 52-Week Low of Rs 26 as Sell-Off Deepens",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/scan-steels-ltd-falls-to-52-week-low-of-rs26-amidst-weak-performance-3907523",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/3/ScanSteelsLtd_priceRelatedfactors_3907523.png",
        "date": "2026-03-23 11:35:50",
        "description": ""
      },
      {
        "title": "Scan Steels Ltd Falls to 52-Week Low of Rs.26.61 Amidst Continued Downtrend",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/scan-steels-ltd-falls-to-52-week-low-of-rs2661-amidst-continued-downtrend-3898667",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/3/ScanSteelsLtd_priceRelatedfactors_3898667.png",
        "date": "2026-03-18 10:40:03",
        "description": "Scan Steels Ltd, a micro-cap player in the ferrous metals sector, touched a fresh 52-week low of Rs.26.61 today, marking a significant decline amid ongoing downward momentum. Despite outperforming its sector by 1.54% on the day, the stock remains well below its key moving averages and continues to reflect subdued performance over the past year."
      },
      {
        "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."
      }
    ],
    "total": 121,
    "sid": "150700",
    "stock_news_url": "https://www.marketsmojo.com/news/scan-steels-150700"
  },
  "announcements": [
    {
      "caption": "Format of the Annual Disclosure to be made by an entity identified as a LC - Annexure B2",
      "datetime": "10-Apr-2026",
      "details": "<b>Format of the Annual Disclosure to be made by an entity identified as a Large Corporate.</b><br/><br/> <table border=1px> <tr> <td><b>Sr. No.</b></td> <td><b>Particulars</b></td> <td><b>Details</b></td> </tr> <tr> <td>1</td> <td>Name of Company</td> <td>Scan Steels Ltd</td> </tr> <tr> <td>2</td> <td>CIN NO.</td> <td>L27209MH1994PLC076015</td> </tr> <tr> <td>3</td> <td>Report filed for FY</td> <td>2025-2026</td> </tr> <tr><td colspan=3>Details of the Current block (all figures in Rs crore):</td><tr> <tr> <td>4</td> <td>2 - year block period (Specify financial years)* </td> <td>FY 2025-2026 FY 2026-2027</td> </tr> <tr> <tr> <td>5</td> <td>Incremental borrowing done in FY (T)(a) </td> <td>0.00</td> </tr> <tr> <td>6</td> <td>Mandatory borrowing to be done through debt securities in FY (T) (b) = (25% of a)</td> <td>0.00</td> </tr> <tr> <td>7</td> <td>Actual borrowing done through debt securities in FY (T)(c)</td> <td>0.00</td> </tr> <tr> <td>8</td> <td> Shortfall in the borrowing through debt securities if any for FY (T - 1) carried forward to FY (T) (d)</td> <td>NOT APPLICABLE</td> </tr> <tr> <td>8</td><td>Quantum of (d) which has been met from (c)(e)*</td> <td>NOT APPLICABLE</td> </tr><tr> <td>9</td><td> Shortfall if any in the mandatory borrowing through debt securities for FY (T) { after adjusting for any shortfall in borrowing for FY(T - 1) which was carried forward to FY(T)}(f) = (b) - [(c) - (e)]{ If the calculated value is zero or negative write nil}*</td> <td>NIL</td> </tr> </table> <br/><br/><table><tr><td colspan=2><b>Details of penalty to be paid if any in respect to previous block (all figures in Rs crore):</b></td></tr> <tr><td>2 - year Block period (Specify financial years)</td><td>FY 2024-2025 FY 2025-2026</td></tr> <tr><td>Amount of fine to be paid for the block if applicable Fine = 0.2% of {(d) - (e)}#</td><td>0.00</td></tr> </table> <div> <br/><br/><br/> <table><tr><td>Name of the Company Secretary :-</td><td>Prabir Kumar Das</td></tr><tr><td>Designation :-</td><td>Company Secretary and Compliance Officer</td></tr> <tr><td>Name of the Chief Financial Officer :- </td><td>Kalyan Kiran Mishra </td></tr> <tr><td>Designation : -</td><td>Chief Financial Officer</td></tr></table><div> <br/> Date: 10/04/2026<br/><br/></div>",
      "source": "BSE"
    },
    {
      "caption": "Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A",
      "datetime": "10-Apr-2026",
      "details": "<b>Format of Initial Disclosure to be made by an entity identified as a Large Corporate.</b><br/><br/> <table border=1px><tr> <td><b>Sr. No.</b></td> <td><b>Particulars</b></td> <td><b>Details</b></td> </tr> <tr><td>1</td><td>Name of Company</td><td>Scan Steels Ltd</td></tr> <tr><td>2</td><td>CIN NO.</td><td>L27209MH1994PLC076015</td></tr> <tr><td>3</td> <td>Outstanding borrowing of company as on 31st March / 31st December as applicable (in Rs cr)</td> <td>72.97</td></tr> <tr><td>4</td><td>Highest Credit Rating during the previous FY </td><td>BBB+StableA2+</td></tr> <tr><td>4a</td><td>Name of the Credit Rating Agency issuing the Credit Rating mentioned in (4)</td><td>CRISIL LTD.</td></tr> <tr><td>5</td><td>Name of Stock Exchange# in which the fine shall be paid in case of shortfall in the required borrowing under the framework</td><td>BSE</td></tr> </table> <br/><br/> <div> <div style=float:left;> We confirm that we are a Large Corporate as per the applicability criteria given under the SEBI circular SEBI/HO/DDHS/CIR/P/2018/144 dated November 26 2018. No</div> <br/><br/><br/> <div style=float:left;> Name of the Company Secretary: Prabir Kumar Das <br/> Designation: Company Secretary and Compliance officer <br/> EmailId: prabirdas_11@yahoo.co.in</div> <div style=float:left;margin-left:50px;> Name of the Chief Financial Officer: Kalyan Kiran Mishra <br/> Designation: Chief Financial Officer <br/> EmailId: kkmishra@scansteels.com</div> </div> <div> <br/> Date: 10/04/2026<br/><br/> <b>Note:<b> In terms para of 3.2(ii) of the circular beginning F.Y 2022 in the event of shortfall in the mandatory borrowing through debt securities a fine of 0.2% of the shortfall shall be levied by Stock Exchanges at the end of the two-year block period. Therefore an entity identified as LC shall provide in its initial disclosure for a financial year the name of Stock Exchange to which it would pay the fine in case of shortfall in the mandatory borrowing through debt markets. </div>",
      "source": "BSE"
    },
    {
      "caption": "Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018",
      "datetime": "08-Apr-2026",
      "details": "Certificate under Regulation 74(5) of SEBI (DP) Regulation 2018 for the Quarter and year ended March 31 2026.",
      "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": []
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}

News and Views

Scan Steels Ltd Upgraded to Sell on Technical Improvements Despite Flat Financials

2026-04-07 08:01:29

Scan Steels Ltd has seen its investment rating upgraded from Strong Sell to Sell as of 6 April 2026, driven primarily by a shift in technical indicators amid persistent fundamental challenges. While the company’s financial performance remains subdued, recent technical signals suggest a mild improvement in market sentiment, prompting a reassessment of its outlook.

Read full news article

Scan Steels Ltd is Rated Strong Sell

2026-04-05 10:10:11

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 05 April 2026, providing investors with an up-to-date perspective on the stock’s fundamentals, valuation, financial trends, and technical outlook.

Read full news article

Scan Steels Ltd Falls to 52-Week Low of Rs 25.33 as Sell-Off Deepens

2026-03-27 13:10:50

For the second consecutive session, Scan Steels Ltd has succumbed to selling pressure, hitting a fresh 52-week low of Rs 25.33 on 27 Mar 2026. This decline comes amid a broader market downturn, but the stock’s underperformance is notably sharper than its peers in the ferrous metals sector.

Read full news article

Scan Steels Ltd is Rated Strong Sell by MarketsMOJO

2026-03-25 10:10:18

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 March 2026, providing investors with an up-to-date view of the stock’s fundamentals, valuation, financial trends, and technical outlook.

Read full news article

Scan Steels Ltd Falls to 52-Week Low of Rs 26 as Sell-Off Deepens

2026-03-23 11:35:50

Read full news article

Scan Steels Ltd Falls to 52-Week Low of Rs.26.61 Amidst Continued Downtrend

2026-03-18 10:40:03

Scan Steels Ltd, a micro-cap player in the ferrous metals sector, touched a fresh 52-week low of Rs.26.61 today, marking a significant decline amid ongoing downward momentum. Despite outperforming its sector by 1.54% on the day, the stock remains well below its key moving averages and continues to reflect subdued performance over the past year.

Read full news article

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

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