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Steel Exchange India Ltd. (STEELXIND): Steel Exchange India Share Price rises 9.71% today

9 Sept 202610:56 am

Steel Exchange India Ltd. (STEELXIND): Steel Exchange India Share Price rises 9.71% today
Steel Exchange India Ltd. (STEELXIND) share price rose to Rs 12.66 today, up 9.71% from the previous close. Market cap was Rs 1,429.86 crore.

Steel Exchange India Share Price is trading at Rs 12.66, up 9.71% from the previous close, with a market capitalisation of Rs 1,429.86 crore. The move has placed STEELXIND among the day’s notable gainers in the Indian stock market, though the latest Univest data confirms the price event without establishing a company-specific catalyst.

For investors scanning Steel Exchange India Share Price Today and Steel Exchange India Stock News, the main takeaway is straightforward: the stock opened at Rs 11.54, moved between Rs 11.45 and Rs 12.85, and is currently holding above the prior close. Turnover stood at Rs 1.55 crore, which helps frame today’s market interest alongside the price action. Univest analysis suggests the move deserves attention because it comes against a sector backdrop where valuation and profitability metrics vary sharply across peers.

Steel Exchange India Share Price Today: Price Action Analysis

In the first part of Steel Exchange India Stock News, the company’s current valuation metrics matter more than a narrative explanation that is not verified. Steel Exchange India Share Price is moving higher today, but the data set does not establish a fresh operating announcement or other company-specific trigger. Investors tracking Steel Exchange India Share Price Live can therefore focus on what is confirmed: the size of the move, the market value, the sector comparison and the company’s financial ratios.

Metric Value
Current Price Rs 12.66
Previous Close Rs 11.54
Today's Move Rs 1.12 (+9.71%)
Open Rs 11.54
High Rs 12.85
Low Rs 11.45
Turnover Rs 1.55 crore
Market Capitalisation Rs 1,429.86 crore
Market Cap Category Small Cap

Steel Exchange India Ltd. (STEELXIND) rose to Rs 12.66 from the previous close of Rs 11.54, a move of Rs 1.12 or 9.71%. The stock opened at Rs 11.54, reached a high of Rs 12.85, recorded a low of Rs 11.45.

The turn in Steel Exchange India Share Price Update is also visible in the gap between the day’s low and the high. The stock recovered from Rs 11.45 to Rs 12.85, suggesting stronger buying interest than the opening level alone would indicate. For readers comparing Steel Exchange India Share News with broader share market today themes, the event is a price rise story first and foremost, not a catalyst story.

Steel Exchange India Ltd. (STEELXIND) Fundamental Analysis

Metric Value
Market Capitalisation Rs 1,429.86 crore
P/E Ratio 46.31x
P/B Ratio 2.46x
ROE 5.38%
ROCE 11.97%
EPS Rs 0.25
Book Value Per Share Rs 4.69
Dividend Yield 0%

Steel Exchange India Ltd. (STEELXIND) fundamental metrics show P/E 46.31x, P/B 2.46x, ROE 5.38%, ROCE 11.97%. These figures provide context only and are not a buy or sell signal.

Steel Exchange India Ltd. has a market capitalisation of Rs 1429.86 crore and falls in the Small Cap category, which gives readers a sense of company size before judging valuation. On valuation, P/E at 46.31x, P/B at 2.46x should be read against the sector and peer benchmarks rather than as a standalone signal. Profitability is represented by ROE of 5.38% and ROCE of 11.97%, helping investors compare shareholder returns and capital efficiency. According to latest Univest data, additional metrics include EPS of Rs 0.25, book value per share of Rs 4.69, 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 34.29x, median ROE of 6.4%, median ROCE of 9.28%. These numbers explain the fundamental backdrop without converting the article into a buy or sell view.

Sector and Industry Context

Metric Value
Sector Iron & Steel
Industry Steel/Sponge Iron/Pig Iron
Benchmark Scope same industry
Company P/E Ratio 46.31x
Benchmark Median P/E 34.29x
Benchmark Average P/E 34.44x
Benchmark P/E Range 9.14x to 92.83x
Company P/B Ratio 2.46x
Benchmark Median P/B 2.25x
Company ROE 5.38%
Benchmark Median ROE 6.4%
Company ROCE 11.97%
Benchmark Median ROCE 9.28%
Company Market Capitalisation Rs 1,429.86 crore
Benchmark Median Market Cap Rs 405.03 crore

Steel Exchange India Ltd. (STEELXIND) is classified under sector: Iron & Steel and industry: Steel/Sponge Iron/Pig Iron.

Steel Exchange India Ltd. (STEELXIND) has a P/E ratio of 46.31x, which is above the benchmark median of 34.29x, a difference of +35.05%. P/E is a valuation multiple and is not, by itself, a buy or sell signal.

Steel Exchange India Ltd. (STEELXIND) has a ROE of 5.38%, which is below the benchmark median of 6.4%, a difference of -15.94%. Steel Exchange India Ltd. (STEELXIND) has a ROCE of 11.97%, which is above the benchmark median of 9.28%, a difference of +28.99%.

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 (%)
Jindal Steel & Power Ltd. JINDALSTEL 1,16,851.09 42.69 2.25 6.88 8.92
Lloyds Metals & Energy Ltd. LLOYDSME 1,01,531.53 21.25 6.62 40.27 27.59
Jai Balaji Industries Ltd. JAIBALAJI 6,365.69 42.78 2.64 5.93 9.63
RAJPUTANA STAINLESS LTD RSL 1,592.38 31.96 4.15 0 0
SAL Steel Ltd. SALSTEEL 1,153.94 92.83 7.71 -16.53 4.89

Steel Exchange India Ltd. (STEELXIND) has a P/E ratio of 46.31x compared with the displayed peer median of 42.69x. This is a relative valuation comparison, not a buy or sell signal. Its ROE of 5.38% compares with a peer median of 5.93% across the companies shown in the table. ROCE stood at 11.97% versus the displayed peer median of 8.92%, providing a capital-efficiency comparison. Steel Exchange India Ltd. (STEELXIND) has a market capitalisation of Rs 1,429.86 crore. Among the 5 peers shown, 4 have a larger market capitalisation.

Why Investors Are Watching Steel Exchange India

  • Steel Exchange India Share Price rose 9.71% today, making it a notable stock gaining today.
  • The stock traded between Rs 11.45 and Rs 12.85, showing active price action during the trading session.
  • Market cap of Rs 1,429.86 crore keeps STEELXIND in the smaller listed-company category.
  • P/E of 46.31 and P/B of 2.46 keep valuation central to any Steel Exchange India Stock Analysis.
  • ROCE of 11.97% is a useful support point when investors compare Steel Exchange India Share Price with sector peers.

About Steel Exchange India

Steel Exchange India Ltd. operates in the Iron & Steel sector and the Steel/Sponge Iron/Pig Iron industry. The company is part of a segment where market participants usually watch input costs, capital intensity and operating efficiency closely. For readers following Steel Exchange India Company News, the main business context is that the company sits in a manufacturing-linked industrial space rather than a consumer-facing one.

Its listed profile on NSE and BSE is relevant because investors often compare Steel Exchange India Share Price with peers that have very different return ratios and market values. In that setting, revenue mix and business segmentation matter, but only the valuation and return metrics confirmed here should guide the current discussion. Univest presents this company profile to help readers link price movement with the operating backdrop rather than treating today’s rise in isolation.

Frequently Asked Questions

Why did Steel Exchange India Share Price rise today?

Ans. Steel Exchange India Share Price rose 9.71% today, but the verified market data does not establish a company-specific catalyst. The move is confirmed through price action, market cap and turnover, not through an announced event.

What is Steel Exchange India Share Price today?

Ans. Steel Exchange India Share Price is Rs 12.66, up from the previous close of Rs 11.54. The stock opened at Rs 11.54 and moved between Rs 11.45 and Rs 12.85 during the trading session.

What is the market capitalisation of Steel Exchange India?

Ans. Steel Exchange India has a market capitalisation of Rs 1,429.86 crore. That places the company above the sector benchmark median in its industry group, while still far below the larger listed steel leaders.

Is Steel Exchange India expensive on valuation?

Ans. Steel Exchange India’s P/E ratio is 46.31 and P/B ratio is 2.46. The P/E sits above the industry median of 34.29, while the P/B is close to the sector average of 2.48.

How do Steel Exchange India returns compare with peers?

Ans. Steel Exchange India reports ROE of 5.38% and ROCE of 11.97%. ROE is below the industry median, but ROCE is above both the sector median and average, which supports a mixed comparison.

Does Steel Exchange India pay a dividend?

Ans. Steel Exchange India’s dividend yield is 0. That means the current share price does not offer a cash-yield angle, so investors are likely focusing more on valuation and operating performance.

Which sector does Steel Exchange India belong to?

Ans. Steel Exchange India belongs to the Iron & Steel sector and the Steel/Sponge Iron/Pig Iron industry. That sector context matters because peer valuations and return ratios can vary widely across the group.

Where can I track Steel Exchange India Share Price live?

Ans. Investors can track Steel Exchange India Share Price live on Univest, where the stock page brings together price movement, market cap, valuation ratios and broader stock market context in one place.

Track Steel Exchange India Share Price on Univest

Use Steel Exchange India Ltd. (STEELXIND) live share-price page, Univest top gainers screener, Univest market blogs to review live stock data, top-gainers lists and related market analysis.

Readers can track Steel Exchange India Share Price on Univest for live price updates, stock performance context, market cap, valuation ratios, company overview and broader market insights. Univest also helps users follow Steel Exchange India Stock News, Steel Exchange India Share Price Live and related market snapshots in one place.

For anyone monitoring Steel Exchange India Latest News, Univest offers a clean way to compare today’s move with the company’s financial ratios and sector standing without losing sight of the bigger market picture.

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 Univest (SEBI RA INH000013776).

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Note: This blog is for information purpose only. Investments and trading are subject to market risks, read all scheme related documents carefully.

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