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Sunflag Iron & Steel Company Ltd share Price Today

Company details

214.55
224.50
138.75
248.80
6M Return 10.84%
1Y Return 30.69%
Mkt Cap.(Cr) 3,887.32
Volume 319,258
Div Yield 0.00%
OI
-
OI Chg %
-
Volume 319,258

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Sunflag Iron & Steel Company Ltd shares SWOT Analysis

Strengths (5)

  • Strong Momentum: Price above short, medium and long term moving averages
  • Growth in Net Profit with increasing Profit Margin (QoQ)
  • Company with Low Debt

Weakness (4)

  • Negative Breakdown First Support (LTP < S1)
  • Inefficient use of capital to generate profits - RoCE declining in the last 2 years
  • Degrowth in Revenue and Profit

Opportunity (2)

  • Negative to Positive growth in Sales and Profit with Strong Price momentum
  • RSI indicating price strength

Threats (1)

  • Increasing Trend in Non-Core Income

Resistance and support

R1 234.6
R2 242.6
R3 249.2
Pivot

228.05

S1 220.1
S2 213.5
S3 205.5
EMA SMA
213.3
209.5
207.3
198.7
212.0
204.7
210.3
204.9
Delivery and volume
CLIENT NAME DEAL TYPE ACTION DATE AVG. PRICE QUANTITY EXCHANGE
GRAVITON RESEARCH CAPITAL LLP Bulk Purchase 2023-12-15 220.1 1296750 NSE
GRAVITON RESEARCH CAPITAL LLP Bulk Sell 2023-12-15 220.23 1296750 NSE
GRAVITON RESEARCH CAPITAL LLP Bulk Purchase 2021-07-29 93.8 963447 NSE
Name Category Shares
PRANAV RAVI BHARDWAJ PROMOTER 0.89%
SUNFLAG LIMITED PROMOTER 36.21%
SUPRA CORPORATION LIMITED PROMOTER 4.73%
SUHRIT RAVI BHUSHAN BHARDWAJ PROMOTER 7.33%
VEENA BHARDWAJ PROMOTER 1.99%

FINANCIALS

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

Sunflag Iron & Steel Company Ltd Stocks COMPARISON

Financials( in Cr) Sunflag Iron & Steel Company Ltd JSW Steel Ltd Tata Steel Ltd Jindal Steel & Power Ltd Tube Investments of India Ltd
Price 215.70 901.95 175.50 1,059.30 3,807.30
% Change -4.81 -0.74 0.37 -0.93 -0.47
Mcap Cr 3,887.32 220,567.72 219,085.99 108,057.92 73,633.94
Revenue TTM Cr 3,559.61 165,960.00 243,352.69 53,211.52 14,964.73
Net Profit TTM Cr 1,115.31 4,139.00 8,075.35 3,974.09 1,325.06
PE TTM 29.12 26.41 88.73 18.36 111.16
1 Year Return 30.69 29.59 66.83 107.64 41.78
ROCE 13.19 8.60 12.10 14.17 33.06
ROE 10.21 6.22 7.48 13.27 37.40
INSIDER & INSTITUTIONAL ACTIVITY

Equity Capital: 3,342.21 Cr FV: 10.00

Period MF Net Purchase / (sold) FII Net
LAST 1M 29,248.28 -22,040.96
LAST 3M 102,638.29 -30,717.76
LAST 6M 167,920.74 50,623.85
LAST 12M 262,867.28 126,756.31
Sunflag Iron And Steel Company Limited - Financial Result Updates

May 24, 2024 l NSE Announcement

NSE Board Meetings Forthcomming

May 24, 2024 l NSE Board Meetings Forthcomming

Board Meeting for Today

May 24, 2024 l Board Meetings for Today

Date Action Type Ratio
No data found

Sunflag Iron & Steel Company Ltd Information

Stock PE (TTM)
29.12
Promoter Holding
51.16%
Book Value
242.3323
ROCE
13.19%
ROE
10.21%
Description
  • Sunflag Iron and Steel Company Ltd is a prestigious unit of Sunflag Group was promoted by Sunflag UK. The Sunflag Group was founded by Satyadev Bhardwaj in Kenya in 1937. The Company got incorporated in 1984 and is presently engaged in manufacture of Steel products like Rolled products, Billets, Sponge Iron etc., with a present capacity of 150000 MT of Direct reduced Iron, 200000 MT of Mild & Alloy Steel Rolled Products and with captive power plant capacity of 108 million KwH. The company has set up a state of art integrated plant at Bhandara, India to produce 200000 tonnes per annum of high quality steel using ironore and non-coking coal as basic inputs. The products are spring steel rounds flats, carbon steel and alloy steel. They are used by automobile leaf spring manufacturers, engineering goods manufacturers and the forgings industry Spring steel forms 70% of the total production. The plant comprises a 1,50,000 tonnes per annum Direct Reduction Plant, to produce sponge iron for captive consumption in the Steel Melting Shop. This shop comprises a 50/60 tonnes ultra high power Electric Are Furnace with Eccentric bottom arrangement; a Ladle auto mould level controller and electromagnetic stirrer. The billets produced at the steel melting shop are rolled at the Mannesmann Demag Designed ultra modern 18 stand Continous mill.This mill has a walking hearth reheating furnace, quick roll-changing facilities, a 65 metres long walk and wait type modern cooling bed and above all computerised process control linking and controlling the various stages. The company came out with a rights issue in Feb 92 to part-finance the capital cost of a 15.5-MW wast heat recovery project to gain full use of waste gases and coal ash/fires generated in the process of making Sponge Iron. Installation of a new Captive Power Plant of 10 MW is under progress. The company has also started manufacturing high value stainless steel for which tremendous growth of domestic and international market is expected. The Company installed and commissioned a new Captive Power Plant of 10 MW in 2006. It installed Wire Rod Blotk Mill.&Mini Blast Fumance (MBF) commissioned on 14th August, 2006 and 14th March, 2007 respectively. Sinter Plant commenced its operation on 4th September 2009. A new Direct Reduction Plant (DRP-II) was commissioned on 24th June 2011. The Company commissioned Direct Reduction Plant (DRP-II) with a capacity of 350 TPD together with WHRGS boiler to generate 8 MW power for captive consumption. Besides, the commercial production of Blooming Mill was commissioned on 1st April 2012. It installed Fume Extraction System in its Steel Melt Shop area in reducing the pollution during 2013. The Company incorporated a joint venture Company at Faridabad in the National Capital Territory of Delhi with two JV partners -Daido Steel Co. Ltd., Japan and Daido Die & Mold Steel Co. Ltd., Japan on 10th March, 2015. It installed alloy feeding system in Ladle re-heating furnace - 2 of Steel Melt Shop wherein alloy materials will be weighed and fed through automatic process in to steel ladle in re-heating process. This system reduced heat cycle time and in turn, resulted in improved productivity. During FY 2016-17, the Company took up installation of certain balancing equipment viz., Pulverized Coal Injection System, Refurbishing of Mini Blast Furnace; Capacity Enhancement of Sinter Plant, and conversion of Heat Recovery Boiler of DRP-I to Dual Operation of FBC and WHRB. During 2018-19, the Company commissioned Induction Furnace in Steel Melt Shop. It commissioned Super Alloy Project and started the commercial production during FY 2020-21. It commissioned Blooming Mill in 2022-23.

Registered Address

33 Mount Road, Sadar, Nagpur, Maharashtra, 440001

Tel : 91-0712-2524661/2520357/358
Email : investor:sunflagsteel.com; admin:sunflagsteel.com
Website : http://www.sunflagsteel.com
Registrar

Bigshare Services Pvt Ltd

AGM Date (Month) : Sep
Face Value Equity Shares : 10
Market Lot Equity Shares : 1
BSE Code : 500404
NSE Code : SUNFLAG
Book Closure Date (Month) : Sep
BSE Group : A
ISIN : INE947A01014

FAQ’s on Sunflag Iron & Steel Company Ltd Shares

You can buy Sunflag Iron & Steel Company Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy Sunflag Iron & Steel Company Ltd Share.

Company share prices and volatile and keep changing according to the market conditions. As of May 27, 2024 03:49 PM the closing price of Sunflag Iron & Steel Company Ltd was Rs.215.70.

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 27, 2024 03:49 PM, the market cap of Sunflag Iron & Steel Company Ltd stood at Rs. 3,887.32.

The latest PE ratio of Sunflag Iron & Steel Company Ltd as of May 27, 2024 03:49 PM is 29.12

The latest PB ratio of Sunflag Iron & Steel Company Ltd as of May 27, 2024 03:49 PM is 1.07

The 52-week high of Sunflag Iron & Steel Company Ltd share price is Rs. 248.80 while the 52-week low is Rs. 138.75

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