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Bajaj Steel Industries Ltd share Price Today

Company details

1,500.00
1,617.70
936.05
1,626.90
6M Return 50.63%
1Y Return 15.83%
Mkt Cap.(Cr) 821.60
Volume 9,827
Div Yield 0.19%
OI
-
OI Chg %
-
Volume 9,827

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Bajaj Steel Industries Ltd shares SWOT Analysis

Strengths (7)

  • Strong Momentum: Price above short, medium and long term moving averages
  • Strong Annual EPS Growth
  • Company with Low Debt

Weakness (4)

  • Poor cash generated from core business - Declining Cash Flow from Operations for last 2 years
  • Degrowth in Quarterly Revenue and Profit in Recent Results(YoY)
  • Declining Net Cash Flow : Companies not able to generate net cash

Opportunity (0)

Data not found

Threats (2)

  • Companies with growing costs YoY for long term projects
  • Increasing Trend in Non-Core Income

Resistance and support

R1 1,609.2
R2 1,647.1
R3 1,709.2
Pivot

1,547.12

S1 1,509.2
S2 1,447.1
S3 1,409.2
EMA SMA
1,323.1
1,276.1
1,240.5
1,188.0
1,306.8
1,247.8
1,254.9
1,164.6
Delivery and volume
CLIENT NAME DEAL TYPE ACTION DATE AVG. PRICE QUANTITY EXCHANGE
SIDHI VINIMAY PRIVATE LIMITED Bulk Purchase 2024-02-19 1240.9 32149 BSE
DHANTERASH SUPPLIERS PRIVATE LIMITED Bulk Purchase 2024-02-19 1231.11 1000 BSE
DHANTERASH SUPPLIERS PRIVATE LIMITED Bulk Sell 2024-02-19 1240.9 32110 BSE
Name Category Shares
ROHIT BAJAJ PROMOTER 14.76%
SUNIL BAJAJ PROMOTER 3.33%
BINA BAJAJ PROMOTER 1.81%
KUMKUM BAJAJ PROMOTER 1.72%
KUSH BAJAJ PROMOTER 1.13%
LAV BAJAJ PROMOTER 1.13%
VARUN BAJAJ PROMOTER 0.96%
SIDHI VINIMAY PRIVATE LIMITED PROMOTER 15.19%
VIDARBHA TRADELINKS PRIVATE LIMITED PROMOTER 8.04%

FINANCIALS

Sales
Operating Profit
Profit after Tax
Equity
Reserves and Surplus
Debt
Sales
Operating Profit
Profit after Tax
PE
Debt/Equity
P BV

Bajaj Steel Industries Ltd Stocks COMPARISON

Financials( in Cr) Bajaj Steel Industries Ltd Cummins India Ltd Thermax Ltd Carborundum Universal Ltd Grindwell Norton Ltd
Price 1,580.00 3,718.15 5,207.90 1,683.00 2,358.55
% Change 0.55 -1.09 0.83 -1.83 0.65
Mcap Cr 821.60 103,067.12 62,055.25 32,020.42 26,113.87
Revenue TTM Cr 533.29 7,772.09 8,089.81 4,654.28 2,012.76
Net Profit TTM Cr 67.50 1,228.15 450.70 441.70 295.08
PE TTM 16.04 67.96 104.34 70.60 67.55
1 Year Return 15.83 120.70 128.68 40.12 17.09
ROCE 29.85 26.89 14.53 20.69 27.49
ROE 24.83 22.53 12.25 17.04 20.97
INSIDER & INSTITUTIONAL ACTIVITY

Equity Capital: 273.57 Cr FV: 5.00

Period MF Net Purchase / (sold) FII Net
LAST 1M 39,612.39 -26,051.38
LAST 3M 102,786.44 -35,737.56
LAST 6M 169,824.52 46,518.61
LAST 12M 263,183.06 125,165.94

Bajaj Steel Industries Ltd Information

Stock PE (TTM)
16.04
Promoter Holding
48.39%
Book Value
572.4177
ROCE
29.85%
ROE
24.83%
Description
  • Bajaj Steel Industries Ltd, a significant part of Bajaj Group of Industries, is an India-based company. The Company is engaged in manufacturing of Cotton Ginning and Pressing Machineries, Pre fabricated building structure, components and allied products, which it handles it from its "Steel division" and manufacturing of Master Batches which it handles from its "Plastic division". Presently, all the manufacturing facilities of the company are in the state of Maharashtra. The company operates in two business segments: steel division and plastics division. The products manufactured by the company include ginning machine, cotton ball opener, cotton baling press, cotton pre-cleaner, lint cleaner, auto feeder, cotton seed delinting machine, decorticator, hull beater, cotton seed cleaner and linter cleaner. In addition, they also offer humidification systems, various components, parts and turnkey projects for cotton ginning and pressing plants, and parts manufacturing for automobile and ordinance factories. The company is having world class engineering setup in their various plants situated in and around Nagpur. The cotton ginning automation and cotton pressing machineries are manufactured in collaboration with Central Institute of Research on Cotton Technology, Govt. of India. The company exports their products to various countries including Bangladesh, Kenya, Madagascar, Malaysia, Myanmar, Nigeria, Sri Lanka, Uganda etc. Bajaj Steel Industries Ltd was incorporated on February 14, 1961 as a private limited company. The company was promoted by Hargovind Bajaj. They started into industrial activity as steel re-rollers. In the year 1965, they developed a double roller cotton gin for separating cotton from seed. In October 4, 1985, the company was converted into a public limited company. During the year 1995-96, the company increased the production capacity of Sacks/ Fabrics by 1000 MT to 6400 MT. During the year, 1996-97, they further increased the production capacity of Sacks/ Fabrics by 2550 MT to 8950 MT During the year 2001-02, the company increased the production capacity of Master Batches from 5136 MT to 6000 MT. During the year 2006-07, the company closed down the woven sack / fabric unit situated at Sausar Dist, Chhindwara in Madhya Pradesh as the unit was incurring continuous losses. During the year 2008-09, the company received fifteenth Lalit Doshi Memorial award 2008-09 from SICOM Ltd, at the award function held at Mumbai on August 4, 2009 as best SICOM assisted unit. The company was exploring the possibility to sale/ dispose/ transfer of their undertaking/ division namely "Superpack Division" with all liabilities & assets of such division to any prospective Buyer/ Acquirer whether Individual or Body Corporate as the division had been incurring continuous losses. The company entered into technical collaboration for manufacturing of saw gin, rotobar gin and other equipments earlier manufactured by Continental Eagle Corporation, USA to manufacture them in India. During the year 2010-11, the Company launched a few new products like Cotton Dispensing Machines, Delinting Machines, Fire Diverter System, Pre-fabricated Industrial Shed, Raw Cotton Modular Feeding System Primary and Secondary Filter, Fiber Compacter etc. The Company acquired the Business of Continental Eagle Corporation, USA during FY 2011-12 and consequently, formed its 100% subsidiary with the name as " BAJAJ CONEAGLE LLC"at the State of Alabama, USA on April 02,2012. During 2012-13, it developed "Single Line Feeding Screw Conveyor with Twin Auto Regulator" for conveying raw cotton to ginning machines evenly and efficiently to a series of Ginning Machines. In FY 2015-16, it expanded business to o various new engineered products such as Electrical Panels, Pre-engineered buildings & structures, undertook turnkey projects including civil in its area of operation, which was completed in Uganda & Benin. During 2020-21, the Company expanded its Electrical Panel Division and commenced Manufacturing unit at Hingna, in Nagpur.

Registered Address

C-108 MIDC Industrial Area, Hingna, Nagpur, Maharashtra, 440028

Tel : 91-712-2720071-80
Email : cs:bajajngp.com; bsi:bajajnpg.com
Website : http://www.bajajngp.com
Registrar

Adroit Corp. Services Pvt Ltd

AGM Date (Month) : Sep
Face Value Equity Shares : 5
Market Lot Equity Shares : 1
BSE Code : 507944
NSE Code :
Book Closure Date (Month) : Sep
BSE Group : X
ISIN : INE704G01024

FAQ’s on Bajaj Steel Industries Ltd Shares

You can buy Bajaj Steel Industries Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy Bajaj Steel Industries Ltd Share.

Company share prices and volatile and keep changing according to the market conditions. As of May 24, 2024 11:54 AM the closing price of Bajaj Steel Industries Ltd was Rs.1,580.00.

Market capitalization or market cap is determined by multiplying the current market price of a company�s shares with the total number of shares outstanding. As of May 24, 2024 11:54 AM, the market cap of Bajaj Steel Industries Ltd stood at Rs. 821.60.

The latest PE ratio of Bajaj Steel Industries Ltd as of May 24, 2024 11:54 AM is 16.04

The latest PB ratio of Bajaj Steel Industries Ltd as of May 24, 2024 11:54 AM is 0.36

The 52-week high of Bajaj Steel Industries Ltd share price is Rs. 1,626.90 while the 52-week low is Rs. 936.05

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