NRI

MODERN STEELS SHARE PRICE

Sector Steel
BSE 513303
16.93
0.27 (1.62 %)
Buy
B
Sell
S
BSE

Overview

Day Low

16.50

Day High

17.33

52 Week Low

13.76

52 Week High

36.20

All Time Low

2.72

All Time High

62.80

Open

16.67

Close

16.66

Volume

2,737

Mkt cap (Cr)

23.30

P/E ratio

26.03

P/B ratio

0.54%

Div yield

0.00%

6M return

-22.27%

1Y return

-20.07%

1D 1W 1M 3M 6M 1Yr 3Yr 5Yr 10Yr Max
Price PE Ratio
 

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SWOT Analysis

  • S
  • W
  • O
  • T

Technical Analysis

Moving Averages

EMA SMA
 

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16.93 1.62%

Current Price

  • Bullish Moving Averages
  • Bearish Moving Averages

Resistance and support

 

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Company Financials

  • Profit and loss statement
  • Balance sheet
  • Quarterly Result
  • Ratio
 

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Quick Results Snapshot

 

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Shareholding Pattern

Summary

 

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Historical Promoter Summary

 

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Promoter Holding(%)

Historical FII Holdings

 

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FII Holding(%)

Historical MF Holdings

 

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MF Holding(%)

Stocks Comparison
Table Chart

 

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Corporate Action

  • Announcement
  • Board Meeting
  • Dividend
  • Split
  • Rights
  • Events

Insider & Institutional Activity

  • Bulk Block Deals
  • Insider Trading & SAST
 

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About Modern Steels Ltd

Stock PE (TTM)

26.02

Promoter Holding

65.53%

Book Value

9.2225

ROCE

1.08%

ROE

1.1%

Incorporated in Nov.` 73, Modern Steels Limited was formed with an object to manufacture carbon and alloy steel. It also has a rolling mill to convert billets into rolled products. While the melting capacity is 1 lac tpa, the rolling mill has a capacity of 50,000 tpa. The company was promoted by Amarjit Goyal, the Chairman and Krishan Kumar Goyal. The Company has a plant at Gobindgarh, in Punjab. In 1991-92, the company co-promoted Modern Dairies to set up a dairy project at Karnal, Haryana, to process 3.2 lac ltr pd of milk at an estimated cost of Rs 13.56 cr. Commercial production of the new company commenced in 1993. It invested around Rs 100 lac in the equity capital of the new company. In 1995, Modern Steels increased the capacity of its rolled products from 30,000 tpa to 50,000 tpa. The Electro Magnetic Stirrers (EMS) was installed in year 2005. In 2006, the Company installed a Vacuum Degassing Plant of `Denelli` make in its melting shop. In addition, for the production of stainless steel a converter was installed and commissioned during the year. Post rolling facilities of peeling and grinding of bars commissioned during the year. In 2008, the Company installed & commissioned 600 mm Rolling Mill to produce higher size Rolled Products. It commissioned its energy efficient Oxygen Plants. The Second Electric Arc Furnace (EAF) was commissioned on July 30, 2009. In 2012, it strengthened and modernized its production facilities in SMS and Rolling Mill. In 2014, the Company installed Gasifier Unit for production of gas for reheating furnaces in rolling mills and added heat treatment facility for alloy steel bars. It added bigger ingot casting facilities in the steel melting shop to diversify process route. Forge shop consisting of forging presses, hammer, heat treatment facilities along with finishing and inspection facilities were added. It also installed machining & assembly lines for the manufacturing of auto steel components. In 2015, the Company commissioned and stabilized Auto Component Division along with Heat Treatment section. Further, it developed new grades in the tool and die segment. In year 2022, through the Business Transfer Agreement (BTA) executed between M/s Arjas Steel Pvt. Ltd./ M/s Arjas Modern Steel Pvt. Ltd. (Purchaser), Modern Steels Ltd. (Seller), Promoters (Mr. Krishan Kumar Goyal and Mr. Aditya Goyal). the Company was given operations of the plant to M/s Arjas Steel Pvt. Ltd. where they took control of the plant and operated till 05.01.2022. In terms of BTA, the Properties of the Unit in Mandi Gobindgarh, were transferred to Arjas Modern Steel Pvt. (Buyer) on Jan` 05, 2022. Again, the Plant & Machinery of the unit and other current assets and liabilities were also transferred to buyer under slump sale transaction, which concluded from the above said Date.

Modern Steels share price as on 23 Apr 2025 is Rs. 16.93. Over the past 6 months, the Modern Steels share price has decreased by 22.27% and in the last one year, it has decreased by 20.07%. The 52-week low for Modern Steels share price was Rs. 13.76 and 52-week high was Rs. 36.2.

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Registered Office  
Registrars  
Management  
Listing Info  

513303

INE001F01019

Sep

Modern Steels Ltd FAQs

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

Company share prices and volatile and keep changing according to the market conditions. As of Apr 22, 2025 04:01 PM the closing price of Modern Steels Ltd was Rs.16.93.

The latest PE ratio of Modern Steels Ltd as of Apr 22, 2025 04:01 PM is 26.02

The latest PB ratio of Modern Steels Ltd as of Apr 22, 2025 04:01 PM is 0.54

The 52-week high of Modern Steels Ltd share price is Rs. 36.20 while the 52-week low is Rs. 13.76

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 Apr 22, 2025 04:01 PM, the market cap of Modern Steels Ltd stood at Rs. 23.30 Cr.

Market Outlook

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