Shri Kanha Stain

Why is Shri Kanha Stainless Ltd falling/rising?

As of 02-Sep, the stock price of Shri Kanha Stainless Ltd is currently at 22.25, reflecting a 4.46% increase today and outperforming the sector. However, it has declined 27.05% year-to-date, and decreasing investor participation raises concerns about the sustainability of this price increase.

As of 02-Sep, the stock price of Shri Kanha Stainless Ltd is rising, currently at 22.25, which reflects a change of 0.95 or an increase of 4.46%. This upward movement is notable as it outperformed the sector by 5.2% today. Over the past week, the stock has shown a positive return of 2.53%, contrasting with a decline of 1.21% in the Sensex, indicating that the stock is performing better than the broader market. <BR><BR>However, it is important to note that despite today's rise, the stock has experienced a significant decline of 27.05% year-to-date, while the Sensex has only fallen by 8.48% during the same period. Additionally, there has been a decrease in investor participation, with delivery volume dropping by 53.13% compared to the 5-day average, which may raise concerns about the sustainability of the current price increase. The stock is currently trading above its 5-day and 20-day moving averages, but below its longer-term moving averages (50-day, 100-day, and 200-day), indicating mixed signals regarding its price trend. <BR><BR>In summary, while the stock is rising today and has outperformed the sector, the overall year-to-date performance and declining investor participation suggest caution moving forward.

Which are the latest news on Shri Kanha Stain?

What does Shri Kanha Stain do?

Shri Kanha Stainless Ltd is a Micro Cap company in the Iron & Steel Products industry, incorporated in 2015, with a market cap of INR 34 Cr. It has a P/E ratio of 4.00, a debt-equity ratio of 0.35, and a return on equity of 71.86%, but lacks recent revenue and profit data.

Overview:<BR>Shri Kanha Stainless Ltd operates in the Iron & Steel Products industry and is categorized as a Micro Cap company.<BR><BR>History:<BR>The company was incorporated on July 10, 2015, originally as 'Kanha Stainless Private Limited'. It later changed its name to 'Shri Kanha Stainless Private Limited' on November 09, 2017, with a fresh certificate of incorporation issued by the Registrar of Companies in Rajasthan, Jaipur. Revenue and profit data for the latest quarter are not available.<BR><BR>Financial Snapshot:<BR>Most recent Net Sales: N/A<BR>Most recent Net Profit: N/A<BR>Market-cap value: INR 34 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>P/E: 4.00<BR>Industry P/E: 41<BR>Dividend Yield: 0.00%<BR>Debt Equity: 0.35<BR>Return on Equity: 71.86%<BR>Price to Book: 2.82<BR><BR>Contact Details:<BR>Registrar Address: Not available.

Who are the peers of the Shri Kanha Stain?

Peers of Shri Kanha Stain include Abha Power, Newmalayalam St., Kalana Ispat, Metal Coatings, Umiya Tubes, Nova Iron & Steel, Ashirwad Steels, and Rathi Bars, with varying management risks and growth ratings. Abha Power has the lowest 1-year return at -47.66%, while Kalana Ispat has the highest at -45.57%.

Peers: The peers of Shri Kanha Stain are Abha Power, Newmalayalam St., Kalana Ispat, Metal Coatings, Umiya Tubes, Nova Iron &Steel, Ashirwad Steels, and Rathi Bars.<BR><BR>Quality Snapshot: Average management risk is observed at Abha Power and Ashirwad Steels, while Below Average management risk is found at Newmalayalam St., Kalana Ispat, Umiya Tubes, Rathi Bars, and the rest. Growth is rated Below Average for Abha Power, Newmalayalam St., Kalana Ispat, Metal Coatings, Ashirwad Steels, and Rathi Bars, while Average growth is noted for Umiya Tubes. Capital Structure is rated Good for Newmalayalam St. and Metal Coatings, Average for Abha Power and Kalana Ispat, and Below Average for Umiya Tubes, Ashirwad Steels, and Rathi Bars.<BR><BR>Return Snapshot: Abha Power has the lowest 1-year return at -47.66%, while Kalana Ispat has the highest at -45.57%, with Shri Kanha Stain's 1-year return being N/A. Additionally, peers such as Newmalayalam St., Kalana Ispat, and Rathi Bars have negative six-month returns.

How big is Shri Kanha Stain?

As of 14th August, Shri Kanha Stainless Ltd has a market capitalization of 35.00 Cr, classified as a Micro Cap, with no valid financial data available for the latest four quarters. As of March 2025, Shareholder's Funds are 12.16 Cr and Total Assets are 106.13 Cr.

As of 14th August, <BR><BR>Market Cap: Shri Kanha Stainless Ltd has a market capitalization of 35.00 Cr and is classified as a Micro Cap.<BR><BR>Recent Quarterly Performance: There is no valid financial data available for the latest four quarters, including Net Sales and Net Profit.<BR><BR>Balance Sheet Snapshot: The reporting period is March 2025, with Shareholder's Funds amounting to 12.16 Cr and Total Assets valued at 106.13 Cr.