Steel Exchange

Market Cap: Micro Cap
Industry: Iron & Steel Products
ISIN: INE503B01021
NSEID: STEELXIND
BSEID: 534748

INR

8.63

0.05 (0.58%)

BSENSE

Dec 05

BSE+NSE Vol: 11.67 lacs

{
  "main_header": {
    "sid": 117351,
    "name": "Steel Exchange",
    "stock_name": "Steel Exchange",
    "full_name": "Steel Exchange India Ltd",
    "name_url": "stocks-analysis/steel-exchange",
    "exchange": 1,
    "exchangecode": "",
    "country_id": 34,
    "currency": "INR",
    "cmp": "8.63",
    "chg": 0.05,
    "chgp": "0.58%",
    "dir": 1,
    "prev_price": "8.58",
    "mcapval": "1,049.00 Cr",
    "mcap": "Micro Cap",
    "scripcode": 534748,
    "symbol": "STEELXIND",
    "ind_name": "Iron & Steel Products",
    "ind_code": 23,
    "indexname": "",
    "isin": "INE503B01021",
    "curr_date": "Dec 05",
    "curr_time": "",
    "bse_nse_vol": "11.67 lacs",
    "exc_status": "Active",
    "traded_date": "Dec 05, 2025",
    "traded_date_str": "2025 12 05",
    "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/steel-exchange-117351-1&utm_source=Spage_Header_Score",
    "mojoone": {
      "ismore": 0,
      "all_data": []
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  },
  "news": {
    "results": [
      {
        "title": "Is Steel Exchange technically bullish or bearish?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/is-steel-exchange-technically-bullish-or-bearish-3747586",
        "imagepath": "",
        "date": "2025-12-05 08:21:32",
        "description": "    <div class=\"article-news-new\">\n        <div class=\"article-container\">\n\n<div class=\"article-content\">\n\n<p><strong>Technical Trend Overview</strong></p>\n<p>As of 4 December 2025, Steel Exchange’s technical trend has transitioned from a sideways pattern to a mildly bearish stance. This change suggests a subtle shift in market sentiment, indicating that the stock may be facing increased selling pressure or a lack of upward momentum. Such a trend shift is crucial for traders and investors who rely on technical analysis to time their entries and exits.</p>\n<p><strong>Key Technical Indicators Breakdown</strong></p>\n<p>Examining the Moving Average Convergence Divergence (MACD), a widely used momentum indicator, reveals a mixed picture. On a weekly basis, the MACD is bearish, signalling downward momentum in the short term. However, the monthly MACD remains mildly bullish, implying that the longer-term trend ret..."
      },
      {
        "title": "Steel Exchange India Technical Momentum Shifts Amid Mixed Market Signals",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/steel-exchange-india-faces-technical-momentum-shift-amid-bearish-signals-3747465",
        "imagepath": "https://i.marketsmojo.com/newsimg/2025/12/SteelExchangeIn_technicaldot_3747465.png",
        "date": "2025-12-05 08:00:20",
        "description": "Steel Exchange India, a key player in the Iron & Steel Products sector, is exhibiting a nuanced shift in its technical momentum as recent market data reveals a transition from a sideways trend to a mildly bearish stance. This development is underscored by a complex interplay of technical indicators including MACD, RSI, Bollinger Bands, and moving averages, reflecting a mixed market assessment that investors should carefully consider."
      },
      {
        "title": "Steel Exchange India Technical Momentum Shifts Amid Mixed Market Signals",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/steel-exchange-india-technical-momentum-shifts-amid-mixed-indicator-signals-3745163",
        "imagepath": "https://i.marketsmojo.com/newsimg/2025/12/SteelExchangeIn_technicaldot_3745163.png",
        "date": "2025-12-04 08:00:20",
        "description": "Steel Exchange India, a key player in the Iron & Steel Products sector, is currently exhibiting a nuanced shift in its technical momentum. Recent market data reveals a transition from a mildly bearish trend to a sideways movement, reflecting a complex interplay of technical indicators that investors and analysts are closely monitoring."
      },
      {
        "title": "Steel Exchange India Technical Momentum Shifts Amid Mixed Indicator Signals",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/steel-exchange-india-faces-mildly-bearish-momentum-amid-mixed-technical-signals-3742715",
        "imagepath": "https://i.marketsmojo.com/newsimg/2025/12/SteelExchangeIn_technicaldot_3742715.png",
        "date": "2025-12-03 08:00:20",
        "description": "Steel Exchange India has experienced a notable shift in its technical momentum, moving from a sideways trend to a mildly bearish stance. This change is underscored by a complex interplay of technical indicators including MACD, RSI, Bollinger Bands, and moving averages, reflecting a nuanced market assessment for the iron and steel products company."
      },
      {
        "title": "Steel Exchange Sees Revision in Market Evaluation Amid Mixed Financial Signals",
        "link": "https://www.marketsmojo.com/news/stock-recommendation/steel-exchange-upgraded-from-strong-sell-to-sell-by-marketsmojo-on-10-nov-2025-3741192",
        "imagepath": "https://i.marketsmojo.com/newsimg/2025/12/SteelExchange_mojoScore_3741192.png",
        "date": "2025-12-02 10:09:33",
        "description": "Steel Exchange, a microcap player in the Iron & Steel Products sector, has experienced a revision in its market evaluation reflecting nuanced shifts across key financial and technical parameters. This adjustment comes amid ongoing challenges in profitability and debt servicing, set against a backdrop of volatile stock performance and sector dynamics."
      },
      {
        "title": "Steel Exchange India Quality Parameter Revision Highlights Business Fundamentals",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/steel-exchange-india-quality-grade-upgrade-a-detailed-analysis-of-business-fundamentals-3714022",
        "imagepath": "https://i.marketsmojo.com/newsimg/2025/11/SteelExchangeIn_qualitydot_3714022.png",
        "date": "2025-11-19 08:00:07",
        "description": "Steel Exchange India has undergone a revision in its quality parameter evaluation, shifting from below average to average. This adjustment reflects changes in key financial metrics such as return on equity (ROE), return on capital employed (ROCE), debt levels, and growth consistency, offering investors a refreshed perspective on the company’s business fundamentals within the Iron & Steel Products sector."
      },
      {
        "title": "Steel Exchange India Quarterly Financial Trend Shows Notable Shifts Amid Market Challenges",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/steel-exchange-india-q2-2025-results-reveal-negative-financial-trend-amidst-margin-pressures-3714024",
        "imagepath": "https://i.marketsmojo.com/newsimg/2025/11/SteelExchangeIn_fintrenddot_3714024.png",
        "date": "2025-11-19 08:00:05",
        "description": "Steel Exchange India’s latest quarterly results for September 2025 reveal a shift in its financial trend from flat to negative, reflecting a complex performance landscape within the Iron & Steel Products sector. Key metrics such as revenue, profitability, and operational efficiency illustrate a mixed scenario compared to historical data, underscoring the challenges faced by the company in the current market environment."
      },
      {
        "title": "How has been the historical performance of Steel Exchange?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/how-has-been-the-historical-performance-of-steel-exchange-3702906",
        "imagepath": "",
        "date": "2025-11-14 23:37:54",
        "description": "Answer:\nThe historical performance of Steel Exchange shows a fluctuating trend in its financial metrics over the years.\n\nBreakdown:\nSteel Exchange's net sales have seen a decline from 1,388.33 Cr in Mar'23 to 1,144.02 Cr in Mar'25, with a slight increase from 1,089.17 Cr in Mar'24. The total operating income followed a similar trend, peaking in Mar'23 and then decreasing to 1,144.02 Cr in Mar'25. The raw material costs increased from 572.21 Cr in Mar'21 to 788.89 Cr in Mar'25, while the total expenditure (excluding depreciation) rose from 710.06 Cr in Mar'20 to 1,019.77 Cr in Mar'25. Operating profit (PBDIT) showed a recovery to 143.60 Cr in Mar'25 from a low of 1.27 Cr in Mar'24, indicating improved operational efficiency. Profit before tax also improved significantly to 45.50 Cr in Mar'25, recovering from a loss of 28.32 Cr in Mar'23. Profit after tax turned positive at 25.93 Cr in Mar'25 after a signific..."
      },
      {
        "title": "Is Steel Exchange overvalued or undervalued?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/is-steel-exchange-overvalued-or-undervalued-3696027",
        "imagepath": "",
        "date": "2025-11-13 08:08:31",
        "description": "As of 12 November 2025, the valuation grade for Steel Exchange has moved from very attractive to attractive. The company is currently considered overvalued. Key ratios include a PE ratio of 33.33, an EV to EBITDA of 11.15, and a PEG ratio of 0.48, which suggests that while the growth potential is favorable, the current price may not justify the earnings relative to its peers.\n\nIn comparison to its peers, Steel Exchange's PE ratio is significantly lower than that of JSW Steel at 47.32 and Tata Steel at 45.95, both rated as fair. Additionally, the EV to EBITDA ratio of 11.15 is more favorable than that of JSW Steel but higher than Jindal Steel's 13.06. Despite recent underperformance relative to the Sensex, with a year-to-date return of -12.23% compared to the Sensex's 8.10%, the company's valuation metrics indicate that it is overvalued in the current market context...."
      }
    ],
    "total": 243,
    "sid": "117351",
    "stock_news_url": "https://www.marketsmojo.com/news/steel-exchange-india-117351"
  },
  "announcements": [
    {
      "details": "STEEL EXCHANGE INDIA LIMITED has informed the Exchange regarding Related Party Transactions for the half year ended September 30, 2019 as per Regulation 23(9) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.",
      "source": "NSE",
      "caption": "STEEL EXCHANGE INDIA LIMITED - Other General Purpose",
      "datetime": "09-Dec-2019"
    },
    {
      "details": "STEEL EXCHANGE INDIA LIMITED has informed the Exchange regarding Board meeting held on November 08, 2019.",
      "source": "NSE",
      "caption": "STEEL EXCHANGE INDIA LIMITED - Outcome of Board Meeting",
      "datetime": "08-Nov-2019"
    },
    {
      "details": "STEEL EXCHANGE INDIA LIMITED has informed the Exchange regarding 'Certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 for the Quarter ended 30th September, 2019'.",
      "source": "NSE",
      "caption": "STEEL EXCHANGE INDIA LIMITED - Updates",
      "datetime": "30-Oct-2019"
    }
  ],
  "corporate_actions": [
    {
      "img": "board-meeting.svg",
      "title": "BOARD MEETING",
      "msg": "<span>No</span> Upcoming Board Meetings",
      "data": []
    },
    {
      "img": "dividend.svg",
      "title": "DIVIDEND",
      "msg": "",
      "data": [
        {
          "txt": "Steel Exchange India Ltd has declared <strong>10%</strong> dividend, ex-date: 24 Sep 09",
          "dt": "2009-09-24",
          "middle_text": "Dividend Alert"
        }
      ]
    },
    {
      "img": "splits.svg",
      "title": "SPLITS",
      "msg": "",
      "data": [
        {
          "txt": "Steel Exchange India Ltd has announced <strong>1:10</strong> stock split, ex-date: 12 Jul 22",
          "dt": "2022-07-12",
          "middle_text": "Split"
        }
      ]
    },
    {
      "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

Is Steel Exchange technically bullish or bearish?

2025-12-05 08:21:32

Technical Trend Overview

As of 4 December 2025, Steel Exchange’s technical trend has transitioned from a sideways pattern to a mildly bearish stance. This change suggests a subtle shift in market sentiment, indicating that the stock may be facing increased selling pressure or a lack of upward momentum. Such a trend shift is crucial for traders and investors who rely on technical analysis to time their entries and exits.

Key Technical Indicators Breakdown

Examining the Moving Average Convergence Divergence (MACD), a widely used momentum indicator, reveals a mixed picture. On a weekly basis, the MACD is bearish, signalling downward momentum in the short term. However, the monthly MACD remains mildly bullish, implying that the longer-term trend ret...

Steel Exchange India Technical Momentum Shifts Amid Mixed Market Signals

2025-12-05 08:00:20

Steel Exchange India, a key player in the Iron & Steel Products sector, is exhibiting a nuanced shift in its technical momentum as recent market data reveals a transition from a sideways trend to a mildly bearish stance. This development is underscored by a complex interplay of technical indicators including MACD, RSI, Bollinger Bands, and moving averages, reflecting a mixed market assessment that investors should carefully consider.

Steel Exchange India Technical Momentum Shifts Amid Mixed Market Signals

2025-12-04 08:00:20

Steel Exchange India, a key player in the Iron & Steel Products sector, is currently exhibiting a nuanced shift in its technical momentum. Recent market data reveals a transition from a mildly bearish trend to a sideways movement, reflecting a complex interplay of technical indicators that investors and analysts are closely monitoring.

Steel Exchange India Technical Momentum Shifts Amid Mixed Indicator Signals

2025-12-03 08:00:20

Steel Exchange India has experienced a notable shift in its technical momentum, moving from a sideways trend to a mildly bearish stance. This change is underscored by a complex interplay of technical indicators including MACD, RSI, Bollinger Bands, and moving averages, reflecting a nuanced market assessment for the iron and steel products company.

Steel Exchange Sees Revision in Market Evaluation Amid Mixed Financial Signals

2025-12-02 10:09:33

Steel Exchange, a microcap player in the Iron & Steel Products sector, has experienced a revision in its market evaluation reflecting nuanced shifts across key financial and technical parameters. This adjustment comes amid ongoing challenges in profitability and debt servicing, set against a backdrop of volatile stock performance and sector dynamics.

Steel Exchange India Quality Parameter Revision Highlights Business Fundamentals

2025-11-19 08:00:07

Steel Exchange India has undergone a revision in its quality parameter evaluation, shifting from below average to average. This adjustment reflects changes in key financial metrics such as return on equity (ROE), return on capital employed (ROCE), debt levels, and growth consistency, offering investors a refreshed perspective on the company’s business fundamentals within the Iron & Steel Products sector.

Steel Exchange India Quarterly Financial Trend Shows Notable Shifts Amid Market Challenges

2025-11-19 08:00:05

Steel Exchange India’s latest quarterly results for September 2025 reveal a shift in its financial trend from flat to negative, reflecting a complex performance landscape within the Iron & Steel Products sector. Key metrics such as revenue, profitability, and operational efficiency illustrate a mixed scenario compared to historical data, underscoring the challenges faced by the company in the current market environment.

How has been the historical performance of Steel Exchange?

2025-11-14 23:37:54

Answer: The historical performance of Steel Exchange shows a fluctuating trend in its financial metrics over the years. Breakdown: Steel Exchange's net sales have seen a decline from 1,388.33 Cr in Mar'23 to 1,144.02 Cr in Mar'25, with a slight increase from 1,089.17 Cr in Mar'24. The total operating income followed a similar trend, peaking in Mar'23 and then decreasing to 1,144.02 Cr in Mar'25. The raw material costs increased from 572.21 Cr in Mar'21 to 788.89 Cr in Mar'25, while the total expenditure (excluding depreciation) rose from 710.06 Cr in Mar'20 to 1,019.77 Cr in Mar'25. Operating profit (PBDIT) showed a recovery to 143.60 Cr in Mar'25 from a low of 1.27 Cr in Mar'24, indicating improved operational efficiency. Profit before tax also improved significantly to 45.50 Cr in Mar'25, recovering from a loss of 28.32 Cr in Mar'23. Profit after tax turned positive at 25.93 Cr in Mar'25 after a signific...

Is Steel Exchange overvalued or undervalued?

2025-11-13 08:08:31

As of 12 November 2025, the valuation grade for Steel Exchange has moved from very attractive to attractive. The company is currently considered overvalued. Key ratios include a PE ratio of 33.33, an EV to EBITDA of 11.15, and a PEG ratio of 0.48, which suggests that while the growth potential is favorable, the current price may not justify the earnings relative to its peers. In comparison to its peers, Steel Exchange's PE ratio is significantly lower than that of JSW Steel at 47.32 and Tata Steel at 45.95, both rated as fair. Additionally, the EV to EBITDA ratio of 11.15 is more favorable than that of JSW Steel but higher than Jindal Steel's 13.06. Despite recent underperformance relative to the Sensex, with a year-to-date return of -12.23% compared to the Sensex's 8.10%, the company's valuation metrics indicate that it is overvalued in the current market context....

View All News

Announcement

STEEL EXCHANGE INDIA LIMITED - Other General Purpose

09-Dec-2019 | Source : NSE

STEEL EXCHANGE INDIA LIMITED has informed the Exchange regarding Related Party Transactions for the half year ended September 30, 2019 as per Regulation 23(9) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

STEEL EXCHANGE INDIA LIMITED - Outcome of Board Meeting

08-Nov-2019 | Source : NSE

STEEL EXCHANGE INDIA LIMITED has informed the Exchange regarding Board meeting held on November 08, 2019.

STEEL EXCHANGE INDIA LIMITED - Updates

30-Oct-2019 | Source : NSE

STEEL EXCHANGE INDIA LIMITED has informed the Exchange regarding 'Certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 for the Quarter ended 30th September, 2019'.