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Vardhman Special Steels Ltd share price logo

Vardhman Special Steels Ltd

(VSSL)

₹273.850.66%

as on 04:01PM, 05 Nov 2024

Overview
News
Financials
Q2 2024 Results
Technicals

Vardhman Special Steels Ltd Share analysis

Excluding Excise Duty and Other Income, represents Net Revenue

Vardhman Special Steels Ltd revenue growth forecast

Expected growth rate Q1, FY2024:0

Forecast

Actual

Source: S&P Global Market Intelligence

Vardhman Special Steels Ltd Performance

  • Day's Low

    Day's High

    ₹270
    ₹277.5
  • 52 Week's Low

    52 Week's High

    ₹185.4
    ₹342.8
1 Month Return-5.54 %
3 Month Return+ 3.07 %
1 Year Return+ 25.63 %
Previous Close₹272.05
Open₹274.80
Volume30.24K
Upper Circuit-
Lower Circuit-
Market Cap₹2,218.79Cr

Vardhman Special Steels Ltd Key Statistics

P/E Ratio0
PEG Ratio0
Market Cap₹2,218.79 Cr
P/B Ratio2.4
EPS0
Dividend Yield0
SectorSteel
ROE13.46

Vardhman Special Steels Ltd Peer Comparison

Company
Analyst ViewMarket Cap5 Year CAGRDebt to Asset RatioNet ProfitYearly Revenue
NA₹2,218.79 Cr135.9%0.55NANA
NA₹38.02 Cr71.35%0.86NANA
NA₹151.20 Cr844%0.55NANA
NA₹443.09 Cr278.3%0.78₹11 Cr₹739 Cr
BUY₹1,845.47 Cr-4.06%0.72₹26 Cr₹788 Cr

About Vardhman Special Steels Ltd

Vardhman Special Steels Limited is a public limited company that was set up in 2010 in Ludhiana, India. It is part of the US$ 1.20 billion Vardhman Group and makes a range of special and alloy steels, catering mainly to the domestic automotive sector. The company uses modern manufacturing facilities and material handling supported with a well-conceived layout plan, backed by an extensive list of customers such as Toyota, Hero Moto Corp, Caterpillar, and more. It operates to ISO 14001:2004, OHSAS 18001:2007, ISO 9001:2008, and ISO/TS 16949:2009 standards and is an established and serious player in the global market for special and alloy steels.

Share Price: ₹273.85 per share as on 05 Nov, 2024 04:01 PM
Market Capitalisation: ₹2,218.79Cr as of today
Revenue: ₹414.78Cr as on June 2024 (Q2 24)
Net Profit: ₹26.08Cr as on June 2024 (Q2 24)
Listing date: 17 May, 2012
Chairperson Name: Rajeev Gupta
OrganisationVardhman Special Steels Ltd
HeadquartersLudhiana
IndustrySteel
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Key events for Vardhman Special Steels Ltd

  • Vardhman Special Steels Allots Equity Shares to Eligible Employees - 02 Jul, 2024

    Vardhman Special Steels has allotted 35,250 equity shares to eligible employees who exercised their stock options under the Employee Stock Option Plan. The allotment includes bonus shares on ESOP shares in a 1:1 ratio.

  • Vardhman Special Steels' TSR exceeds share price return - 22 Jun, 2024

    Vardhman Special Steels has a TSR of 803% for the last 5 years, exceeding its share price return due to generous dividend payments. The market has a higher opinion of the business than it did five years ago.

Insights on Vardhman Special Steels Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    MF Holding Up

    img

    Mutual Funds have increased holdings from 2.89% to 3.72% in Sep 2024 quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, Jindal Steel & Power Ltd has given 46.1% return, outperforming this stock by 20.5%

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, Jindal Steel & Power Ltd has given 114.1% return, outperforming this stock by 22.3%

  • imgNEGATIVE IMPACT

    Price Dip

    img

    In the last 1 month, VSSL stock has moved down by -5.5%

  • imgNEGATIVE IMPACT

    Promoter Holding Down

    img

    Promoters have decreased holdings from 60.56% to 60.53% in Sep 2024 quarter

  • imgNEGATIVE IMPACT

    FII Holding Down

    img

    Foreign Institutions have decreased holdings from 0.64% to 0.60% in Sep 2024 quarter

  • imgNEGATIVE IMPACT

    Retail Holding Down

    img

    Retail Investor have decreased holdings from 35.65% to 35.02% in Sep 2024 quarter

Vardhman Special Steels Ltd Financials

Value in ₹ crore
Details2021202220232024
Total Assets₹828.01Cr (-)₹923.31Cr (↑11.51%)₹1,033.06Cr (↑11.89%)₹1,041.81Cr (↑0.85%)
Total Liabilities₹368.64Cr (-)₹368.35Cr (↓0.08%)₹390.84Cr (↑6.11%)₹322.46Cr (↓17.50%)
Value in ₹ crore
Details20202021202220232024
Operating Cash Flow₹135.43Cr (-)₹67.28Cr (↓50.32%)₹58.88Cr (↓12.49%)₹73.58Cr (↑24.97%)₹142.41Cr (↑93.54%)

Index Inclusions

S&P BSE Indus.

₹14,893.94

0.23 (34.03%)

S&P BSE AllCap

₹10,471.31

0.68 (71.07%)

BSE Small-Cap

₹54,930.82

0.41 (225.8%)

Vardhman Special Steels Ltd Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
60.53%
-0.04
Foreign Institutions
0.6%
-6.55
Mutual Funds
3.71%
28.40
Retail Investors
35.02%
-1.78
Others
0.14%
-46.68

Vardhman Special Steels Ltd Key Indicators

Details20202021202220232024
Return On Equity %0.5110.1219.8716.7813.46

Vardhman Special Steels Ltd Earnings and Dividends

  • Vardhman Special Steels Ltd Earnings Results

    Vardhman Special Steels Ltd’s net profit jumped 40.44% since last year same period to ₹26.08Cr in the Q1 2024-2025. On a quarterly growth basis, Vardhman Special Steels Ltd has generated -20.46% fall in its net profits since last 3-months.

    Read More about Earnings Results
  • Vardhman Special Steels Ltd Dividends May,2024

    In the quarter ending March 2024, Vardhman Special Steels Ltd has declared dividend of ₹2 - translating a dividend yield of 0.74%.

    Read More about Dividends

Vardhman Special Steels Ltd Technicals Summary

Bearish

Neutral

Bullish

Bullish

Vardhman Special Steels Ltd is currently in a Bullish trading position according to technical analysis indicators.

FAQs on Vardhman Special Steels Ltd

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Vardhman Special Steels Ltd (VSSL) share price today is ₹273.85

Vardhman Special Steels Ltd is listed on NSE

Vardhman Special Steels Ltd is listed on BSE

  • Today’s highest price of Vardhman Special Steels Ltd is ₹277.5.
  • Today’s lowest price of Vardhman Special Steels Ltd is ₹270.

Today’s traded volume of Vardhman Special Steels Ltd(VSSL) is 30.24K.

Today’s market capitalisation of Vardhman Special Steels Ltd(VSSL) is ₹2218.79Cr.

Vardhman Special Steels Ltd(VSSLPrice
52 Week High
₹342.8
52 Week Low
₹185.4

Vardhman Special Steels Ltd(VSSL) share price is ₹273.85. It is down -20.11% from its 52 Week High price of ₹342.8

Vardhman Special Steels Ltd(VSSL) share price is ₹273.85. It is up 47.71% from its 52 Week Low price of ₹185.4

Vardhman Special Steels Ltd(VSSLReturns
1 Day Returns
1.8%
1 Month Returns
-5.54%
3 Month Returns
3.07%
1 Year Returns
25.63%