STEEL EXCHANGE (India) Today

Equity ratings for STEEL EXCHANGE INDIA are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 23rd of August 2021 and ending today, the 22nd of October 2021. Click here to learn more.
STEEL EXCHANGE INDIA cannot be verified against its exchange. Apparently, STEEL EXCHANGE is not available for investing at the moment. Please verify the symbol is currently traded on Bombay Stock Exchange. If you still believe the symbol you are trying to look up is valid please let us know and we will check it as soon as possible.
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STEEL EXCHANGE Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. If you consider yourself one of those investors, make sure you clearly understand your entering position. STEEL EXCHANGE's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding STEEL EXCHANGE or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
STEEL EXCHANGE INDIA is not yet fully synchronised with the market data
STEEL EXCHANGE INDIA has some characteristics of a very speculative penny stock
STEEL EXCHANGE INDIA has high likelihood to experience some financial distress in the next 2 years
STEEL EXCHANGE INDIA has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations
The company has accumulated 8.86 B in total debt with debt to equity ratio (D/E) of 970.2, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. STEEL EXCHANGE INDIA has a current ratio of 0.6, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due.
The entity reported the revenue of 10 B. Net Loss for the year was (301.38 M) with profit before overhead, payroll, taxes, and interest of 1.89 B.
Legal NameSTEEL EXCHANGE INDIA
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of STEEL EXCHANGE's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Not RatedUndervalued
STEEL EXCHANGE INDIA (STEELXIND) is traded on Bombay Stock Exchange in India and employs 1,165 people. The company currently falls under 'Small-Cap' category with current market capitalization of 916.36 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate STEEL EXCHANGE's market, we take the total number of its shares issued and multiply it by STEEL EXCHANGE's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and these looking for more risk prefer small-cap and mid-cap equities. STEEL EXCHANGE INDIA operates under Basic Materials sector and is part of Steel industry. The entity has 75.98 M outstanding shares. STEEL EXCHANGE INDIA has accumulated about 461.33 M in cash with 1.03 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 6.06.
Check STEEL EXCHANGE Probability Of Bankruptcy

STEEL Stock Against Markets

Picking the right benchmark for STEEL EXCHANGE stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in STEEL EXCHANGE stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for STEEL EXCHANGE is critical whether you are bullish or bearish towards STEEL EXCHANGE INDIA at a given time.
STEEL EXCHANGE INDIA cannot be verified against its exchange. Apparently, STEEL EXCHANGE is not available for investing at the moment. Please verify the symbol is currently traded on Bombay Stock Exchange. If you still believe the symbol you are trying to look up is valid please let us know and we will check it as soon as possible.
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View Currently Related Equities

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with STEEL EXCHANGE stock to make a market-neutral strategy. Peer analysis of STEEL EXCHANGE could also be used in its relative valuation, which is a method of valuing STEEL EXCHANGE by comparing valuation metrics with similar companies.
Check out World Market Map. Note that the STEEL EXCHANGE INDIA information on this page should be used as a complementary analysis to other STEEL EXCHANGE's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Analyst Recommendations module to analyst recommendations and target price estimates broken down by several categories.

Other Tools for STEEL Stock

When running STEEL EXCHANGE INDIA price analysis, check to measure STEEL EXCHANGE's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy STEEL EXCHANGE is operating at the current time. Most of STEEL EXCHANGE's value examination focuses on studying past and present price action to predict the probability of STEEL EXCHANGE's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move STEEL EXCHANGE's price. Additionally, you may evaluate how the addition of STEEL EXCHANGE to your portfolios can decrease your overall portfolio volatility.
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