Shah Alloys is currently trading at its upper circuit limit of Rs. 20.30, up by 0.95 points or 4.91% from its previous closing of Rs. 19.35 on the BSE.
The scrip opened at Rs. 20.30 and has touched a high and low of Rs. 20.30 and Rs. 20.30 respectively. So far 3134 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 49.00 on 20-Mar-2018 and a 52 week low of Rs. 17.00 on 03-Jan-2018.
Last one week high and low of the scrip stood at Rs. 21.00 and Rs. 19.25 respectively. The current market cap of the company is Rs. 40.19 crore.
The promoters holding in the company stood at 53.75%, while Non-Institutions held 46.25% stake in the company.
Shah Alloys has reported net profit of Rs 20.10 crore for the quarter ended September 30, 2018 against net loss Rs 3.59 crore for the same quarter in the previous year. Total income of the company increased by 28.30% at Rs 148.88 crore for Q2FY19 as compared Rs 116.04 crore for the corresponding quarter previous year.
Shah Alloys is engaged in the manufacturing of stainless steel. The company also has a minor operation in the form of a medical store.
| Company Name | CMP |
|---|---|
| Tata Steel | 212.05 |
| JSW Steel | 1239.90 |
| SAIL | 173.50 |
| Jindal Stainless | 787.90 |
| APL Apollo Tubes | 2105.45 |
| View more.. | |
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: