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Steelcast Ltd. (STEELCAS) Share Price rises 9.29% as stock trades at Rs 346

22 Sept 20269:58 am

Steelcast Ltd. (STEELCAS) Share Price rises 9.29% as stock trades at Rs 346
Steelcast Ltd. (STEELCAS) share price rose to Rs 346 today, up 9.29% from the previous close. Market cap was Rs 3,203.99 crore.

Steelcast Ltd. Share Price rose 9.29% to Rs 346 today, lifting the company’s market capitalisation to Rs 3,203.99 crore. The move came on a day when the stock opened at Rs 346.45, touched Rs 374.75 and traded as low as Rs 342.50, while turnover stood at Rs 1.28 crore. The data confirms a sharp same-day share price rise, but it does not establish a company-specific catalyst. For readers tracking Steelcast Ltd. Share Price Today, the key takeaway is that the stock is in the day’s top gainer set and is now trading well above its previous close of Rs 316.60. Univest is following the move alongside valuation, sector and peer context so investors can read the event in a broader framework.

Steelcast Ltd. Share Price is in focus after the stock rose 9.29% to Rs 346, adding Rs 29.40 from the previous close of Rs 316.60. The company’s market capitalisation now stands at Rs 3,203.99 crore, which places today’s move in a clearly measurable size context. Steelcast Ltd. Share Price Today also showed an intraday high of Rs 374.75 and a low of Rs 342.50, with turnover of Rs 1.28 crore. The supplied data confirms the price rise, but it does not establish a company-specific reason. That makes the stock relevant as a market update, a stock news item and a valuation-led stock analysis note. Univest is covering the move because it brings together price action, fundamentals, sector comparison and peer positioning in one event-driven story.

Steelcast Ltd. Share Price Today: Price Action Analysis

Metric Value
Current Price Rs 346
Previous Close Rs 316.6
Today's Move Rs 29.4 (+9.29%)
Open Rs 346.45
High Rs 374.75
Low Rs 342.5
Turnover Rs 1.28 crore
Market Capitalisation Rs 3,203.99 crore
Market Cap Category Small Cap

Steelcast Ltd. (STEELCAS) rose to Rs 346 from the previous close of Rs 316.6, a move of Rs 29.4 or 9.29%. The stock opened at Rs 346.45, reached a high of Rs 374.75, recorded a low of Rs 342.5.

Steelcast Ltd. Share Price Today reflected a strong same-day move, with the stock closing at Rs 346 after opening at Rs 346.45, touching Rs 374.75 and marking a low of Rs 342.50. The day’s gain of 9.29% translates into an increase of Rs 29.40 over the previous close of Rs 316.60. Turnover was Rs 1.28 crore, which gives a factual traded-value reference for the session. In simple terms, the price rise is visible in the gap between the previous close and the current price, as well as in the day’s high versus low range. For Steelcast Ltd. Stock News readers, the session is noteworthy because the stock is trading higher on the day without any verified catalyst in the supplied data.

Steelcast Ltd. (STEELCAS) Fundamental Analysis

Metric Value
Market Capitalisation Rs 3,203.99 crore
P/E Ratio 35.33x
P/B Ratio 7.65x
ROE 24.1%
ROCE 32.41%
EPS Rs 8.96
Book Value Per Share Rs 41.38
Dividend Yield 0.54%

Steelcast Ltd. (STEELCAS) fundamental metrics show P/E 35.33x, P/B 7.65x, ROE 24.1%, ROCE 32.41%. These figures provide context only and are not a buy or sell signal.

Steelcast Ltd. has a market capitalisation of Rs 3203.99 crore and falls in the Small Cap category, which gives readers a sense of company size before judging valuation. On valuation, P/E at 35.33x, P/B at 7.65x should be read against the sector and peer benchmarks rather than as a standalone signal. Profitability is represented by ROE of 24.1% and ROCE of 32.41%, helping investors compare shareholder returns and capital efficiency. Additional supplied metrics include EPS of Rs 8.96, book value per share of Rs 41.38, dividend yield of 0.54%, adding context to earnings, balance-sheet value and historical payout. Against the supplied same industry benchmark, these figures can be compared with benchmark median P/E of 27.37x, median ROE of 15.56%, median ROCE of 17.47%. These numbers explain the fundamental backdrop without converting the article into a buy or sell view.

Sector and Industry Context

Metric Value
Sector Automobile & Ancillaries
Industry Castings/Forgings
Benchmark Scope same industry
Company P/E Ratio 35.33x
Benchmark Median P/E 27.37x
Benchmark Average P/E 45.06x
Benchmark P/E Range 3.18x to 265.91x
Company P/B Ratio 7.65x
Benchmark Median P/B 3.07x
Company ROE 24.1%
Benchmark Median ROE 15.56%
Company ROCE 32.41%
Benchmark Median ROCE 17.47%
Company Market Capitalisation Rs 3,203.99 crore
Benchmark Median Market Cap Rs 322.04 crore

Steelcast Ltd. (STEELCAS) is classified under sector: Automobile & Ancillaries and industry: Castings/Forgings.

Steelcast Ltd. (STEELCAS) has a P/E ratio of 35.33x, which is above the benchmark median of 27.37x, a difference of +29.08%. P/E is a valuation multiple and is not, by itself, a buy or sell signal.

Steelcast Ltd. (STEELCAS) has a ROE of 24.1%, which is above the benchmark median of 15.56%, a difference of +54.88%. Steelcast Ltd. (STEELCAS) has a ROCE of 32.41%, which is above the benchmark median of 17.47%, a difference of +85.52%.

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 (%)
AIA Engineering Ltd. AIAENG 37,066.38 29.05 4.42 16.97 21.16
PTC Industries Ltd. PTCIL 34,188.86 265.91 21.81 7.04 8.43
Investment & Precision Castings Ltd. INVPRECQ 1,372 93.98 12.73 12.13 14.14
Alicon Castalloy Ltd. ALICON 1,198.64 33.12 1.91 5.7 9.5
Kalyani Cast-Tech Ltd. KALYANI 998.59 54.37 14.37 24.82 30.25

Steelcast Ltd. (STEELCAS) has a P/E ratio of 35.33x compared with the displayed peer median of 54.37x. This is a relative valuation comparison, not a buy or sell signal. Its ROE of 24.1% compares with a peer median of 12.13% across the companies shown in the table. ROCE stood at 32.41% versus the displayed peer median of 14.14%, providing a capital-efficiency comparison. Steelcast Ltd. (STEELCAS) has a market capitalisation of Rs 3,203.99 crore. Among the 5 peers shown, 2 have a larger market capitalisation.

Why Investors Are Watching Steelcast Ltd.

  • Steelcast Ltd. Share Price rose 9.29% today to Rs 346, making it a same-day gain story in the castings space.
  • The stock’s high of Rs 374.75 and low of Rs 342.50 define the day’s trading range for Steelcast Ltd. Share Price Today.
  • Turnover of Rs 1.28 crore gives a factual reference point for the session.
  • PE of 35.33, PB of 7.65, ROE of 24.1% and ROCE of 32.41% provide the core fundamental context.
  • The company’s market cap of Rs 3,203.99 crore and same-industry benchmark data make Steelcast Ltd. Stock Analysis relevant for valuation comparison.

About Steelcast Ltd.

Steelcast Ltd. is part of the Automobile & Ancillaries sector and operates in the Castings/Forgings industry. The company’s listed identity is tied to industrial casting activity, and the supplied data places it in a competitive field that includes other casting and forging names. For readers following Steelcast Ltd. Stock News, the company’s business context matters because the stock is not being viewed only through a day’s price rise; it is also being judged against profitability, valuation and industry peers. The available figures show market capitalisation, earnings per share, book value and return ratios, all of which help frame the business profile. In that sense, Steelcast Ltd. Share Price Today is best understood as part of a broader company overview rather than a one-line market move. Univest presents this section to help investors connect the listed business to the numbers visible in the market update.

Track Steelcast Ltd. Share Price on Univest

Use Steelcast Ltd. (STEELCAS) 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 Steelcast Ltd. Share Price on Univest for live price updates, fundamental ratios, shareholding pattern, 52-week levels and market insights. Univest also brings together stock performance, valuation context and company news in one place so the latest move can be reviewed alongside the broader stock analysis framework.

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).

Frequently Asked Questions

Why did Steelcast Ltd. share price rise today?

Ans. The supplied data confirms that Steelcast Ltd. Share Price rose 9.29% today, but it does not establish a company-specific catalyst. The move is visible in the jump from Rs 316.60 to Rs 346.

What is Steelcast Ltd. Share Price today?

Ans. Steelcast Ltd. Share Price today is Rs 346. The stock gained Rs 29.40, or 9.29%, over the previous close of Rs 316.60, making it one of the day’s notable gainers.

What is Steelcast Ltd. market cap?

Ans. Steelcast Ltd. has a market capitalisation of Rs 3,203.99 crore. This places the company above the industry median market cap in the supplied castings and forgings benchmark set. The company operates in the Automobile & Ancillaries sector.

Is Steelcast Ltd. expensive on valuation?

Ans. Steelcast Ltd. trades at a PE of 35.33 and PB of 7.65. Both are above the same-industry medians of 27.37 and 3.07, so the valuation sits higher than the benchmark.

How strong are Steelcast Ltd. fundamentals?

Ans. Steelcast Ltd. shows ROE of 24.1% and ROCE of 32.41%, both above the same-industry medians. EPS is Rs 8.96 and book value is Rs 41.38, giving useful profit and asset context.

How does Steelcast Ltd. compare with peers?

Ans. Compared with peers, Steelcast’s PE of 35.33 is above AIA Engineering and Alicon Castalloy, below PTC Industries and Investment & Precision Castings, and near Kalyani Cast-Tech. Its return ratios are also relatively strong.

What does Steelcast Ltd. dividend yield show?

Ans. Steelcast Ltd. has a dividend yield of 0.54%. This is a historical current-yield figure based on the present price and stated dividend, and it does not guarantee future payout levels.

Should investors track Steelcast Ltd. on Univest?

Ans. Yes, Steelcast Ltd. Share Price can be tracked on Univest alongside market cap, valuation ratios, peer comparison and company updates. The platform helps place the one-day move in a wider stock analysis context.

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