India Steel Works (INDIAHOMES) Share Price rises 16.08% to Rs 30.89
- October 5, 2026
- Posted by: Kunal Singla
- Category: News
India Steel Works Share Price is trading at Rs 30.89 after a 16.08% rise on the day, with market capitalisation at Rs 1,059.29 crore. India Steel Works Share Price Today has therefore become a clear Stocks in News name within the iron and steel space, even though no company-specific catalyst is established. According to latest Univest data, the price event is confirmed, but no company-specific catalyst is established. The stock opened at Rs 26.41, moved between Rs 25.68 and Rs 31.93, and is above the previous close of Rs 26.61. For investors tracking India Steel Works Share Price, the important question is not only the move itself but also how the valuation, profitability ratios and steel-sector benchmark compare with peers. Univest data points to a sharp intraday share price gain that deserves a closer look through stock analysis and fundamental analysis.
India Steel Works Share Price Today: Price Action Analysis
| Metric | Value |
|---|---|
| Current Price | Rs 30.89 |
| Previous Close | Rs 26.61 |
| Today's Move | Rs 4.28 (+16.08%) |
| Open | Rs 26.41 |
| High | Rs 31.93 |
| Low | Rs 25.68 |
| Market Capitalisation | Rs 1,059.29 crore |
| Market Cap Category | Small Cap |
India Steel Works Ltd. (INDIAHOMES) rose to Rs 30.89 from the previous close of Rs 26.61, a move of Rs 4.28 or 16.08%. The stock opened at Rs 26.41, reached a high of Rs 31.93, recorded a low of Rs 25.68.
The India Steel Works Share Price Today move is straightforward: the stock is trading at Rs 30.89, higher by Rs 4.28 or 16.08% from the previous close of Rs 26.61. The day open was Rs 26.41, which places the current India Steel Works Share Price well above the opening level. The stock has also touched a high of Rs 31.93 and a low of Rs 25.68, showing a wide intraday range in this share price rise. For readers following India Steel Works Share Price Live, the latest Univest figures confirm a strong same-day price gain, but they do not establish a fresh corporate trigger. That makes India Steel Works Share Price Today a price-action story first, with the next layer of analysis coming from financial ratios and sector positioning.
In India Steel Works Stock News terms, the move is notable because the market capitalisation is now Rs 1,059.29 crore. India Steel Works Share Price therefore looks active enough to stay on radar, and the next section explains whether the fundamentals support the attention behind India Steel Works Share Price.
India Steel Works Ltd. (INDIAHOMES) Fundamental Analysis
| Metric | Value |
|---|---|
| Market Capitalisation | Rs 1,059.29 crore |
| P/E Ratio | 44.93x |
| P/B Ratio | 21.87x |
| ROE | -40.52% |
| ROCE | -7.03% |
| EPS | Rs 0.59 |
| Book Value Per Share | Rs 1.22 |
| Dividend Yield | 0% |
India Steel Works Ltd. (INDIAHOMES) fundamental metrics show P/E 44.93x, P/B 21.87x, ROE -40.52%, ROCE -7.03%. Taken on their own, these numbers offer context rather than a trading signal.
India Steel Works Ltd. has a market capitalisation of Rs 1,059.29 crore and falls in the Small Cap category, which gives readers a sense of company size before judging valuation. On valuation, P/E at 44.93x, P/B at 21.87x should be read against the sector and peer benchmarks rather than as a standalone signal. Profitability is represented by ROE of -40.52% and ROCE of -7.03%, helping investors compare shareholder returns and capital efficiency. According to latest Univest data, additional metrics include EPS of Rs 0.59, book value per share of Rs 1.22, dividend yield of 0%, adding context to earnings, balance-sheet value and historical payout. Against the latest Univest same industry benchmark, these figures can be compared with benchmark median P/E of 20.09x, median ROE of 8.96%, median ROCE of 11.88%. They set out the fundamental picture and are not a rating on the stock.
Sector and Industry Context
| Metric | Value |
|---|---|
| Sector | Iron & Steel |
| Industry | Steel & Iron Products |
| Benchmark Scope | same industry |
| Company P/E Ratio | 44.93x |
| Benchmark Median P/E | 20.09x |
| Benchmark Average P/E | 36.33x |
| Benchmark P/E Range | 0.5x to 569.42x |
| Company P/B Ratio | 21.87x |
| Benchmark Median P/B | 1.62x |
| Company ROE | -40.52% |
| Benchmark Median ROE | 8.96% |
| Company ROCE | -7.03% |
| Benchmark Median ROCE | 11.88% |
| Company Market Capitalisation | Rs 1,059.29 crore |
| Benchmark Median Market Cap | Rs 305.3 crore |
India Steel Works Ltd. (INDIAHOMES) operates in the Iron & Steel sector, within the Steel & Iron Products industry.
India Steel Works Ltd. (INDIAHOMES) has a P/E ratio of 44.93x, which is above the benchmark median of 20.09x, a difference of +123.64%. P/E is a valuation multiple and is not, by itself, a buy or sell signal.
India Steel Works Ltd. (INDIAHOMES) has a ROE of -40.52%, which is below the benchmark median of 8.96%, a difference of -552.23%. India Steel Works Ltd. (INDIAHOMES) has a ROCE of -7.03%, which is below the benchmark median of 11.88%, a difference of -159.18%.
Track stocks leading today through the Univest top gainers screener. The peer table below provides the company-level comparison.
Peer Comparison
| Company | Symbol | Market Cap (Cr) | P/E | P/B | ROE (%) | ROCE (%) |
|---|---|---|---|---|---|---|
| JSW Steel Ltd. | JSWSTEEL | 3,00,790.84 | 12.14 | 2.88 | 28.54 | 20.67 |
| Tata Steel Ltd. | TATASTEEL | 2,23,578.7 | 20.26 | 2.17 | 11.44 | 12.7 |
| Steel Authority Of India Ltd. | SAIL | 71,871.14 | 16.82 | 1.16 | 5.66 | 7.08 |
| Welspun Corp Ltd. | WELCORP | 68,758.35 | 29.78 | 7.18 | 19.55 | 23.94 |
| Jindal Stainless Ltd. | JSL | 60,380.49 | 18.59 | 2.95 | 17.51 | 19.19 |
India Steel Works Ltd. (INDIAHOMES) has a P/E ratio of 44.93x compared with the displayed peer median of 18.59x. The comparison is relative and should not be read as a recommendation. Its ROE of -40.52% compares with a peer median of 17.51% across the companies shown in the table. ROCE stood at -7.03% versus the displayed peer median of 19.19%, providing a capital-efficiency comparison. India Steel Works Ltd. (INDIAHOMES) has a market capitalisation of Rs 1,059.29 crore. All 5 peers shown have a larger market capitalisation.
Why Investors Are Watching India Steel Works Share Price
- India Steel Works Share Price rose 16.08% today and is trading near the top of its intraday range.
- The India Steel Works Share Price move stands out because no company-specific catalyst is established.
- India Steel Works Share Price carries a higher P/E and P/B than the industry benchmark.
- ROE and ROCE for India Steel Works Share Price are both negative, which keeps fundamentals in focus.
- India Steel Works Share Price is being compared with steel peers that show lower valuations and stronger return ratios.
About India Steel Works
India Steel Works Ltd. operates in the Iron & Steel sector and the Steel & Iron Products industry. The company is tracked on NSE and BSE under the symbol INDIAHOMES, and its India Steel Works Share Price is often read in the context of steel-product manufacturing and broader market moves. Based on the company classification used in Univest data, India Steel Works Share Price belongs to a listed steel business with a market capitalisation of Rs 1,059.29 crore. For India Steel Works Stock News readers, the company belongs to a sector where valuation, operating returns and peer benchmarks are especially important because industry multiples can vary widely. India Steel Works Share Price therefore needs to be read alongside P/E, P/B, ROE, ROCE, EPS and book value rather than in isolation. That combination helps explain why India Steel Works Share Price Today is drawing attention even without a stated catalyst.
Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Uniresearch Global Pvt. Ltd. (Research Analyst, SEBI Reg. No. INH000013776, a subsidiary of Univest Communication Technologies Private Limited).
Frequently Asked Questions
Why is India Steel Works Share Price rising today?
Ans. India Steel Works Share Price is rising by 16.08% today, but no company-specific catalyst is established. The verified move stands on price action alone, with Rs 30.89 as the latest traded level and Rs 1,059.29 crore market capitalisation.
What is India Steel Works Share Price today?
Ans. India Steel Works Share Price today is Rs 30.89, up Rs 4.28 from the previous close of Rs 26.61. The stock also opened at Rs 26.41 and touched an intraday high of Rs 31.93.
Is India Steel Works Share Price above the previous close?
Ans. Yes, India Steel Works Share Price is above the previous close of Rs 26.61. The stock is trading at Rs 30.89, which reflects a 16.08% gain during the day and a clear positive price move.
What do the valuation ratios show for India Steel Works Share Price?
Ans. India Steel Works Share Price carries a P/E of 44.93 and a P/B of 21.87. Both are well above the industry median, which places the stock at a richer valuation than many steel peers.
How do ROE and ROCE compare for India Steel Works Share Price?
Ans. India Steel Works Share Price comes with ROE of -40.52% and ROCE of -7.03%. Both are below the same-industry benchmark, so return ratios currently lag the broader steel peer set.
What is the market capitalisation of India Steel Works Share Price?
Ans. India Steel Works Share Price corresponds to a market capitalisation of Rs 1,059.29 crore. That places the company above the industry median market cap, though still well below the largest listed steel names.
How does India Steel Works Share Price compare with peers?
Ans. India Steel Works Share Price has a higher P/E and P/B than peers such as JSW Steel, Tata Steel, SAIL, Welspun Corp and Jindal Stainless. Its ROE and ROCE are also weaker than those comparables.
What should investors watch next in India Steel Works Share Price?
Ans. Investors watching India Steel Works Share Price should monitor whether the current price holds near the intraday range, along with valuation, return ratios and sector comparison. Univest keeps these checks together in one place for quick review.
Track India Steel Works Share Price on Univest
Use India Steel Works Ltd. (INDIAHOMES) live share-price page, Univest top gainers screener, Univest market blogs to review live stock data, top-gainers lists and related market analysis.
You can track India Steel Works Share Price on Univest for live price movement, market capitalisation, valuation ratios, 52-week levels and broader market insights. India Steel Works Share Price Today is best followed alongside India Steel Works Stock Analysis, sector comparisons and company updates so the day move stays in context. Univest also helps readers review India Steel Works Share Price Update alongside India Steel Works Market Cap and valuation metrics in one place. For anyone scanning India Steel Works Latest News, the platform keeps the price, fundamentals and peer backdrop together without adding noise. India Steel Works Share Price is therefore easier to monitor when price action and financial context are viewed side by side.