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500113 (Steel Authority of India Limited) Stock Analysis
Buy, Hold or Sell?

Let's analyze Steel Authority of India Limited together

I guess you are interested in Steel Authority of India Limited. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

  • πŸ“Š Fundamental Analysis (FA) – Steel Authority of India Limited’s Financial Insights
  • πŸ“ˆ Technical Analysis (TA) – Steel Authority of India Limited’s Price Targets

I'm going to help you getting a better view of Steel Authority of India Limited. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

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1. Quick Overview

1.1. Quick analysis of Steel Authority of India Limited (30 sec.)










1.2. What can you expect buying and holding a share of Steel Authority of India Limited? (30 sec.)

How much money do you get?

How much money do you get?
INR0.15
When do you have the money?
1 year
How often do you get paid?
70.0%

What is your share worth?

Current worth
INR132.54
Expected worth in 1 year
INR137.72
How sure are you?
70.0%

+ What do you gain per year?

Total Gains per Share
INR18.18
Return On Investment
13.6%

For what price can you sell your share?

Current Price per Share
INR133.45
Expected price per share
INR120.35 - INR154.30
How sure are you?
50%
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2. Detailed Analysis

2.1. Valuation of Steel Authority of India Limited (5 min.)




Live pricePrice per Share (EOD)
INR133.45
Intrinsic Value Per Share
INR-26.90 - INR121.73
Total Value Per Share
INR105.64 - INR254.27

2.2. Growth of Steel Authority of India Limited (5 min.)




Is Steel Authority of India Limited growing?

Current yearPrevious yearGrowGrow %
How rich?$6.4b$6.3b$62.5m1.0%

How much money is Steel Authority of India Limited making?

Current yearPrevious yearGrowGrow %
Making money$254.6m$1.4b-$1.1b-462.5%
Net Profit Margin2.1%11.8%--

How much money comes from the company's main activities?

2.3. Financial Health of Steel Authority of India Limited (5 min.)




2.4. Comparing to competitors in the Steel & Iron industry (5 min.)




  Industry Rankings (Steel & Iron)  

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3. Summary and Key Metrics

3.1. What can you expect buying and holding a share of Steel Authority of India Limited?

Welcome investor! Steel Authority of India Limited's management wants to use your money to grow the business. In return you get a share of Steel Authority of India Limited.

First you should know what it really means to hold a share of Steel Authority of India Limited. And how you can make/lose money.

Speculation

The Price per Share of Steel Authority of India Limited is INR133.45. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

  • The fundamentals: the financial health trends of Steel Authority of India Limited.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in Steel Authority of India Limited, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is INR132.54. Based on the TTM, the Book Value Change Per Share is INR1.30 per quarter. Based on the YOY, the Book Value Change Per Share is INR21.32 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is INR3.25 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Steel Authority of India Limited.

How much money are you going to get?

 MRQTTMYOY3Y5Y10Y
 INR% of Price per ShareINR% of Price per ShareINR% of Price per ShareINR% of Price per ShareINR% of Price per ShareINR% of Price per Share
Usd Eps0.060.0%0.060.0%0.350.3%0.180.1%0.130.1%0.060.0%
Usd Book Value Change Per Share0.020.0%0.020.0%0.250.2%0.120.1%0.100.1%0.160.1%
Usd Dividend Per Share0.040.0%0.040.0%0.090.1%0.050.0%0.030.0%0.020.0%
Usd Total Gains Per Share0.050.0%0.050.0%0.340.3%0.170.1%0.130.1%0.170.1%
Usd Price Per Share0.97-0.97-1.15-1.02-0.79-0.76-
Price to Earnings Ratio15.75-15.75-3.32-8.97-8.17--5.06-
Price-to-Total Gains Ratio18.26-18.26-3.43-9.75-8.39--24.27-
Price to Book Ratio0.63-0.63-0.75-0.70-0.58-0.61-
Price-to-Total Gains Ratio18.26-18.26-3.43-9.75-8.39--24.27-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share1.561365
Number of shares640
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.040.03
Usd Book Value Change Per Share0.020.10
Usd Total Gains Per Share0.050.13
Gains per Quarter (640 shares)34.0382.93
Gains per Year (640 shares)136.14331.72
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
1973912674258322
219578262147516654
3292116398221774986
438915553429410331318
548719467036812911650
658423380644115491982
768127294251518072314
8779310107858920652646
9876349121466223232978
10973388135073625813310

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%7.03.00.070.0%7.03.00.070.0%
Book Value Change Per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%7.03.00.070.0%7.03.00.070.0%
Dividend per Share1.00.00.0100.0%3.00.00.0100.0%4.00.01.080.0%7.00.03.070.0%7.00.03.070.0%
Total Gains per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%7.03.00.070.0%7.03.00.070.0%
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3.2. Key Performance Indicators

The key performance indicators of Steel Authority of India Limited compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-3Y+/-5 Year+/-10 Year+/-
Book Value Change Per Share--1.2951.2950%21.318-94%10.682-88%8.619-85%13.254-90%
Book Value Per Share--132.542132.5420%131.246+1%124.572+6%114.039+16%105.652+25%
Current Ratio--0.7700.7700%0.733+5%0.729+6%0.776-1%0.753+2%
Debt To Asset Ratio--0.5800.5800%0.549+6%0.5810%0.616-6%0.614-5%
Debt To Equity Ratio--1.3831.3830%1.216+14%1.398-1%1.645-16%1.630-15%
Dividend Per Share--3.2503.2500%7.425-56%3.892-16%2.456+32%1.675+94%
Enterprise Value---413001516616.960-413001516616.9600%-249930763769.600-39%-351840062033.920-15%-474471400983.552+15%-426893859033.856+3%
Eps--5.2695.2690%29.641-82%14.984-65%11.155-53%4.966+6%
Ev To Sales Ratio---0.395-0.3950%-0.242-39%-0.402+2%-0.654+65%-0.711+80%
Free Cash Flow Per Share---22.302-22.3020%66.144-134%30.559-173%17.300-229%5.196-529%
Free Cash Flow To Equity Per Share---1.513-1.5130%-0.185-88%-0.512-66%-0.638-58%-1.568+4%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max--121.730----------
Intrinsic Value_10Y_min---26.904----------
Intrinsic Value_1Y_max--26.660----------
Intrinsic Value_1Y_min--12.384----------
Intrinsic Value_3Y_max--69.081----------
Intrinsic Value_3Y_min--24.369----------
Intrinsic Value_5Y_max--98.215----------
Intrinsic Value_5Y_min--22.188----------
Market Cap551219234905.600+38%342751383383.040342751383383.0400%407063736230.400-16%358502471299.413-4%278505119016.448+23%269013160966.144+27%
Net Profit Margin--0.0210.0210%0.118-82%0.066-69%0.054-61%0.021-3%
Operating Margin----0%-0%-0%0.064-100%0.036-100%
Operating Ratio--0.7160.7160%0.593+21%0.627+14%0.970-26%1.282-44%
Pb Ratio1.007+38%0.6260.6260%0.751-17%0.698-10%0.577+9%0.612+2%
Pe Ratio25.326+38%15.74815.7480%3.325+374%8.975+75%8.171+93%-5.062+132%
Price Per Share133.450+38%82.98082.9800%98.550-16%86.793-4%67.426+23%65.128+27%
Price To Free Cash Flow Ratio-5.984-61%-3.721-3.7210%1.490-350%-0.194-95%0.901-513%-7.545+103%
Price To Total Gains Ratio29.361+38%18.25718.2570%3.429+432%9.748+87%8.393+118%-24.274+233%
Quick Ratio--0.1190.1190%0.138-14%0.151-22%0.160-26%0.160-26%
Return On Assets--0.0170.0170%0.102-84%0.051-67%0.038-56%0.017-1%
Return On Equity--0.0400.0400%0.226-82%0.119-67%0.093-57%0.039+2%
Total Gains Per Share--4.5454.5450%28.743-84%14.573-69%11.075-59%14.929-70%
Usd Book Value--6405360390.0006405360390.0000%6342766560.000+1%6020218230.000+6%5511190230.000+16%5105883978.000+25%
Usd Book Value Change Per Share--0.0150.0150%0.249-94%0.125-88%0.101-85%0.155-90%
Usd Book Value Per Share--1.5511.5510%1.536+1%1.457+6%1.334+16%1.236+25%
Usd Dividend Per Share--0.0380.0380%0.087-56%0.046-16%0.029+32%0.020+94%
Usd Enterprise Value---4832117744.418-4832117744.4180%-2924189936.104-39%-4116528725.797-15%-5551315391.508+15%-4994658150.696+3%
Usd Eps--0.0620.0620%0.347-82%0.175-65%0.131-53%0.058+6%
Usd Free Cash Flow---1077779430.000-1077779430.0000%3196575720.000-134%1476814560.000-173%836057898.000-229%251113941.000-529%
Usd Free Cash Flow Per Share---0.261-0.2610%0.774-134%0.358-173%0.202-229%0.061-529%
Usd Free Cash Flow To Equity Per Share---0.018-0.0180%-0.002-88%-0.006-66%-0.007-58%-0.018+4%
Usd Market Cap6449265048.396+38%4010191185.5824010191185.5820%4762645713.896-16%4194478914.203-4%3258509892.492+23%3147453983.304+27%
Usd Price Per Share1.561+38%0.9710.9710%1.153-16%1.015-4%0.789+23%0.762+27%
Usd Profit--254654010.000254654010.0000%1432485990.000-82%724157070.000-65%539078670.000-53%239977998.000+6%
Usd Revenue--12220383240.00012220383240.0000%12106790280.000+1%10804488630.000+13%9492816294.000+29%7621899480.000+60%
Usd Total Gains Per Share--0.0530.0530%0.336-84%0.171-69%0.130-59%0.175-70%
 EOD+5 -3MRQTTM+0 -0YOY+9 -283Y+12 -255Y+17 -2110Y+23 -15

3.3 Fundamental Score

Let's check the fundamental score of Steel Authority of India Limited based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-1525.326
Price to Book Ratio (EOD)Between0-11.007
Net Profit Margin (MRQ)Greater than00.021
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than10.119
Current Ratio (MRQ)Greater than10.770
Debt to Asset Ratio (MRQ)Less than10.580
Debt to Equity Ratio (MRQ)Less than11.383
Return on Equity (MRQ)Greater than0.150.040
Return on Assets (MRQ)Greater than0.050.017
Total2/10 (20.0%)

3.4 Technical Score

Let's check the technical score of Steel Authority of India Limited based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
OpenGreater thanClose133.350
Total0/1 (0.0%)

4. In-depth Analysis

4.1 About Steel Authority of India Limited

Steel Authority of India Limited, a steel-making company, manufactures and sells iron and steel products in India and internationally. It offers rails, long rails, blooms, billets, slabs, channels, joists, angles, TMT rebars, wire rods, crane rails, plates, pig iron, and coal chemicals; and narrow slabs, wheels and axles, plate mill plates, HR plates, HR coils, CR sheets/coils, plain and corrugated galvanized sheets, ERW pipes, spiral weld pipes, and CRNO. The company also provides GP and GC sheets, galvanized steel, HRPO, bars and rebars, Z-bars, MS archs, cold rolled stainless steel, hot rolled carbon and stainless steel products, micro-alloyed carbon steel, and alloy steel squares and rounds. In addition, it offers wear resistant plates, forgings, carne wheels, forged rolls/plates, stainless steel slabs, special steel, and rolled and forged alloy products; and high/medium/low carbon ferro-manganese and silico-manganese products. The company was founded in 1954 and is based in New Delhi, India.

Fundamental data was last updated by Penke on 2025-06-24 18:54:04.

4.2 In-depth Summary

4.2.1. Financial Health Summary

Profitability Details
 Compared to previous yearCompared to industry
The company is making a profit.
Using its assets, the company is less efficient in making profit.
Using its investors money, the company is inefficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is efficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is just not able to pay all its short-term debts.
The company is just not able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is able to pay all its debts by selling its assets.
The company is able to pay all its debts with equity.

4.2.2. Valuation Summary

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is cheap.
Based on the earnings, the company is fair priced.
Based on how much money comes from the company's main activities, the company is expensive.
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4.3 Financial Health

4.3.1. Profitability

4.3.1 Profitability
4.3.1.1. Net Profit Margin

Measures how much net profitΒ Steel Authority of India Limited earns for each ₹1 of revenue.

  • Above 10% is considered healthy but always compareΒ Steel Authority of India Limited to theΒ Steel & Iron industry mean.
  • A Net Profit Margin of 2.1%Β means thatΒ ₹0.02 for each ₹1Β in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Steel Authority of India Limited:

  • The MRQ is 2.1%. The company is making a profit. +1
  • The TTM is 2.1%. The company is making a profit. +1
Trends
Current periodCompared to+/- 
MRQ2.1%TTM2.1%0.0%
TTM2.1%YOY11.8%-9.7%
TTM2.1%5Y5.4%-3.3%
5Y5.4%10Y2.1%+3.2%
Compared to industry (Steel & Iron)
PeriodCompanyIndustry (mean)+/- 
MRQ2.1%-0.7%+2.8%
TTM2.1%0.9%+1.2%
YOY11.8%0.7%+11.1%
3Y6.6%2.5%+4.1%
5Y5.4%3.2%+2.2%
10Y2.1%3.3%-1.2%
4.3.1.2. Return on Assets

Shows howΒ efficientΒ Steel Authority of India Limited is using its assets to generate profit.

  • Above 5% is considered healthyΒ but always compareΒ Steel Authority of India Limited to theΒ Steel & Iron industry mean.
  • 1.7% Return on Assets means thatΒ Steel Authority of India Limited generatedΒ ₹0.02 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Steel Authority of India Limited:

  • The MRQ is 1.7%. Using its assets, the company is less efficient in making profit.
  • The TTM is 1.7%. Using its assets, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ1.7%TTM1.7%0.0%
TTM1.7%YOY10.2%-8.5%
TTM1.7%5Y3.8%-2.1%
5Y3.8%10Y1.7%+2.1%
Compared to industry (Steel & Iron)
PeriodCompanyIndustry (mean)+/- 
MRQ1.7%-0.2%+1.9%
TTM1.7%0.2%+1.5%
YOY10.2%0.2%+10.0%
3Y5.1%0.7%+4.4%
5Y3.8%0.8%+3.0%
10Y1.7%0.8%+0.9%
4.3.1.3. Return on Equity

Shows how efficient Steel Authority of India Limited is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compareΒ Steel Authority of India Limited to theΒ Steel & Iron industry mean.
  • 4.0% Return on Equity means Steel Authority of India Limited generated ₹0.04Β for eachΒ ₹1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Steel Authority of India Limited:

  • The MRQ is 4.0%. Using its investors money, the company is inefficient in making profit. -1
  • The TTM is 4.0%. Using its investors money, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ4.0%TTM4.0%0.0%
TTM4.0%YOY22.6%-18.6%
TTM4.0%5Y9.3%-5.4%
5Y9.3%10Y3.9%+5.5%
Compared to industry (Steel & Iron)
PeriodCompanyIndustry (mean)+/- 
MRQ4.0%-0.4%+4.4%
TTM4.0%0.5%+3.5%
YOY22.6%0.3%+22.3%
3Y11.9%1.5%+10.4%
5Y9.3%1.9%+7.4%
10Y3.9%1.9%+2.0%
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4.3.2. Operating Efficiency of Steel Authority of India Limited.

4.3.2. Operating Efficiency
4.3.2.1. Operating Margin

MeasuresΒ how efficient Steel Authority of India Limited is operatingΒ .

  • Measures how much profit Steel Authority of India Limited makes for each ₹1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compareΒ Steel Authority of India Limited to theΒ Steel & Iron industry mean.
  • An Operating Margin of 0.0%Β means the company generated ₹0.00 Β for each ₹1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Steel Authority of India Limited:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.0%
TTM-YOY-0.0%
TTM-5Y6.4%-6.4%
5Y6.4%10Y3.6%+2.8%
Compared to industry (Steel & Iron)
PeriodCompanyIndustry (mean)+/- 
MRQ-2.0%-2.0%
YOY-3.9%-3.9%
3Y-4.4%-4.4%
5Y6.4%4.7%+1.7%
10Y3.6%5.1%-1.5%
4.3.2.2. Operating Ratio

Measures how efficient Steel Authority of India Limited is keepingΒ operating costsΒ low.

  • Below 1 is considered healthy (always compare toΒ Steel & Iron industry mean).
  • An Operation Ratio of 0.72 means that the operating costs are ₹0.72 for each ₹1 in net sales.

Let's take a look of the Operating Ratio trends of Steel Authority of India Limited:

  • The MRQ is 0.716. The company is efficient in keeping operating costs low. +1
  • The TTM is 0.716. The company is efficient in keeping operating costs low. +1
Trends
Current periodCompared to+/- 
MRQ0.716TTM0.7160.000
TTM0.716YOY0.593+0.124
TTM0.7165Y0.970-0.253
5Y0.97010Y1.282-0.312
Compared to industry (Steel & Iron)
PeriodCompanyIndustry (mean)+/- 
MRQ0.7160.952-0.236
TTM0.7160.965-0.249
YOY0.5930.967-0.374
3Y0.6270.950-0.323
5Y0.9700.950+0.020
10Y1.2820.948+0.334
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4.4.3. Liquidity of Steel Authority of India Limited.

4.4.3. Liquidity
4.4.3.1. Current Ratio

Measures if Steel Authority of India Limited is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare toΒ Steel & Iron industry mean).
  • A Current Ratio of 0.77Β means the company has ₹0.77 in assets for each ₹1 in short-term debts.

Let's take a look of the Current Ratio trends of Steel Authority of India Limited:

  • The MRQ is 0.770. The company is just not able to pay all its short-term debts. -1
  • The TTM is 0.770. The company is just not able to pay all its short-term debts. -1
Trends
Current periodCompared to+/- 
MRQ0.770TTM0.7700.000
TTM0.770YOY0.733+0.037
TTM0.7705Y0.776-0.006
5Y0.77610Y0.753+0.023
Compared to industry (Steel & Iron)
PeriodCompanyIndustry (mean)+/- 
MRQ0.7701.431-0.661
TTM0.7701.404-0.634
YOY0.7331.471-0.738
3Y0.7291.474-0.745
5Y0.7761.456-0.680
10Y0.7531.473-0.720
4.4.3.2. Quick Ratio

Measures if Steel Authority of India Limited is able to pay off Short-term Debt but only usingΒ theΒ most liquid assets.

  • Above 1 is considered healthy butΒ always compareΒ Steel Authority of India Limited to theΒ Steel & Iron industry mean.
  • A Quick Ratio of 0.12Β means the company can pay off ₹0.12 for each ₹1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Steel Authority of India Limited:

  • The MRQ is 0.119. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.119. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.119TTM0.1190.000
TTM0.119YOY0.138-0.020
TTM0.1195Y0.160-0.042
5Y0.16010Y0.160+0.000
Compared to industry (Steel & Iron)
PeriodCompanyIndustry (mean)+/- 
MRQ0.1190.538-0.419
TTM0.1190.516-0.397
YOY0.1380.588-0.450
3Y0.1510.548-0.397
5Y0.1600.572-0.412
10Y0.1600.617-0.457
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4.5.4. Solvency of Steel Authority of India Limited.

4.5.4. Solvency
4.5.4.1. Debt to Asset Ratio

Measures how much %Β of Steel Authority of India LimitedΒ assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compareΒ Steel Authority of India Limited to Steel & Iron industry mean.
  • A Debt to Asset Ratio of 0.58Β means that Steel Authority of India Limited assets areΒ financed with 58.0% credit (debt) and the remaining percentage (100% - 58.0%)Β is financed by its owners/shareholders.Β 

Let's take a look of the Debt to Asset Ratio trends of Steel Authority of India Limited:

  • The MRQ is 0.580. The company is able to pay all its debts by selling its assets. +1
  • The TTM is 0.580. The company is able to pay all its debts by selling its assets. +1
Trends
Current periodCompared to+/- 
MRQ0.580TTM0.5800.000
TTM0.580YOY0.549+0.032
TTM0.5805Y0.616-0.036
5Y0.61610Y0.614+0.003
Compared to industry (Steel & Iron)
PeriodCompanyIndustry (mean)+/- 
MRQ0.5800.539+0.041
TTM0.5800.527+0.053
YOY0.5490.536+0.013
3Y0.5810.538+0.043
5Y0.6160.568+0.048
10Y0.6140.580+0.034
4.5.4.2. Debt to Equity Ratio

Measures ifΒ Steel Authority of India Limited is able toΒ pay off its debts by usingΒ shareholders equity.

  • Below 2 is considered healthy butΒ always compareΒ Steel Authority of India Limited to theΒ Steel & Iron industry mean.
  • A Debt to Equity ratio of 138.3% means that company has ₹1.38 debt for each ₹1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Steel Authority of India Limited:

  • The MRQ is 1.383. The company is able to pay all its debts with equity. +1
  • The TTM is 1.383. The company is able to pay all its debts with equity. +1
Trends
Current periodCompared to+/- 
MRQ1.383TTM1.3830.000
TTM1.383YOY1.216+0.168
TTM1.3835Y1.645-0.262
5Y1.64510Y1.630+0.015
Compared to industry (Steel & Iron)
PeriodCompanyIndustry (mean)+/- 
MRQ1.3831.207+0.176
TTM1.3831.153+0.230
YOY1.2161.201+0.015
3Y1.3981.205+0.193
5Y1.6451.372+0.273
10Y1.6301.433+0.197
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4.6. Market Valuation

4.6.1. Earnings Per Share
4.6.2.1. Price to Earnings Ratio

MeasuresΒ how much money you payΒ for each share forΒ every ₹1 in earnings Steel Authority of India Limited generates.

  • Above 15 is considered overpriced butΒ always compareΒ Steel Authority of India Limited to theΒ Steel & Iron industry mean.
  • A PE ratio of 15.75 means the investor is paying ₹15.75Β for every ₹1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Steel Authority of India Limited:

  • The EOD is 25.326. Based on the earnings, the company is overpriced. -1
  • The MRQ is 15.748. Based on the earnings, the company is fair priced.
  • The TTM is 15.748. Based on the earnings, the company is fair priced.
Trends
Current periodCompared to+/- 
EOD25.326MRQ15.748+9.578
MRQ15.748TTM15.7480.000
TTM15.748YOY3.325+12.423
TTM15.7485Y8.171+7.576
5Y8.17110Y-5.062+13.233
Compared to industry (Steel & Iron)
PeriodCompanyIndustry (mean)+/- 
EOD25.326-34.202+59.528
MRQ15.748-32.798+48.546
TTM15.74812.531+3.217
YOY3.3257.939-4.614
3Y8.9759.205-0.230
5Y8.1716.719+1.452
10Y-5.0627.743-12.805
4.6.2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Steel Authority of India Limited:

  • The EOD is -5.984. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is -3.721. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is -3.721. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-5.984MRQ-3.721-2.263
MRQ-3.721TTM-3.7210.000
TTM-3.721YOY1.490-5.211
TTM-3.7215Y0.901-4.622
5Y0.90110Y-7.545+8.446
Compared to industry (Steel & Iron)
PeriodCompanyIndustry (mean)+/- 
EOD-5.9842.701-8.685
MRQ-3.7212.590-6.311
TTM-3.721-16.820+13.099
YOY1.4909.076-7.586
3Y-0.194-2.211+2.017
5Y0.901-6.031+6.932
10Y-7.545-22.798+15.253
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4.6.2. Book Value per Share
4.6.2.1. Price to Book Ratio

Measures if the stock price ofΒ Steel Authority of India Limited is to cheap or to expensiveΒ compared to its book value.

  • At or below 1 is considered healthyΒ (always compare to Steel & Iron industry mean).
  • A PB ratio of 0.63 means the investor is paying ₹0.63Β for each ₹1 in book value.

Let's take a look of the Price to Book Ratio trends of Steel Authority of India Limited:

  • The EOD is 1.007. Based on the equity, the company is underpriced. +1
  • The MRQ is 0.626. Based on the equity, the company is cheap. +2
  • The TTM is 0.626. Based on the equity, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD1.007MRQ0.626+0.381
MRQ0.626TTM0.6260.000
TTM0.626YOY0.751-0.125
TTM0.6265Y0.577+0.049
5Y0.57710Y0.612-0.036
Compared to industry (Steel & Iron)
PeriodCompanyIndustry (mean)+/- 
EOD1.0070.537+0.470
MRQ0.6260.515+0.111
TTM0.6260.515+0.111
YOY0.7510.650+0.101
3Y0.6980.568+0.130
5Y0.5770.694-0.117
10Y0.6120.828-0.216
4.6.2. Total Gains per Share
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6. Financial Statements




6.1. Latest Balance Sheet

Balance Sheet of 2023-03-31. Currency in INR. All numbers in thousands.

Summary
Total Assets1,304,810,900
Total Liabilities757,344,200
Total Stockholder Equity547,466,700
 As reported
Total Liabilities 757,344,200
Total Stockholder Equity+ 547,466,700
Total Assets = 1,304,810,900

Assets

Total Assets1,304,810,900
Total Current Assets379,946,200
Long-term Assets0
Total Current Assets
Cash And Cash Equivalents 217,000
Short-term Investments 1,020,400
Net Receivables 56,029,000
Inventory 283,486,500
Other Current Assets 8,758,000
Total Current Assets  (as reported)379,946,200
Total Current Assets  (calculated)349,510,900
+/- 30,435,300
Long-term Assets
Property Plant Equipment 769,123,500
Intangible Assets 15,210,400
Long-term Assets  (as reported)0
Long-term Assets  (calculated)784,333,900
+/- 784,333,900

Liabilities & Shareholders' Equity

Total Current Liabilities493,342,800
Long-term Liabilities0
Total Stockholder Equity547,466,700
Total Current Liabilities
Short-term Debt 175,076,800
Total Current Liabilities  (as reported)493,342,800
Total Current Liabilities  (calculated)175,076,800
+/- 318,266,000
Long-term Liabilities
Long term Debt Total 108,497,100
Long term Debt 61,125,800
Capital Lease Obligations Min Short Term Debt-175,076,800
Long-term Liabilities  (as reported)0
Long-term Liabilities  (calculated)-5,453,900
+/- 5,453,900
Total Stockholder Equity
Common Stock41,305,300
Retained Earnings 59,980,500
Capital Surplus 440,985,800
Other Stockholders Equity 5,195,100
Total Stockholder Equity (as reported)547,466,700
Total Stockholder Equity (calculated)547,466,700
+/-0
Other
Cash And Equivalents353,900
Cash and Short Term Investments 1,591,300
Common Stock Shares Outstanding 4,130,525
Liabilities and Stockholders Equity 1,304,810,900
Net Working Capital -113,396,600



6.2. Balance Sheets Structured

Currency in INR. All numbers in thousands.

 Trend2023-03-312022-03-312021-03-312020-03-312019-03-312018-03-312017-03-312016-03-312015-03-312014-03-31
> Total Assets 
938,685,200
1,026,335,000
1,013,022,900
1,076,152,400
1,154,409,700
1,179,523,000
1,269,276,400
1,178,186,400
1,201,091,200
1,304,810,900
1,304,810,9001,201,091,2001,178,186,4001,269,276,4001,179,523,0001,154,409,7001,076,152,4001,013,022,9001,026,335,000938,685,200
   > Total Current Assets 
274,397,600
291,594,600
242,894,500
257,053,700
297,646,800
323,930,500
411,254,600
307,569,800
288,396,600
379,946,200
379,946,200288,396,600307,569,800411,254,600323,930,500297,646,800257,053,700242,894,500291,594,600274,397,600
       Cash And Cash Equivalents 
31,424,700
26,359,200
121,600
160,900
69,200
88,200
195,300
412,900
828,400
217,000
217,000828,400412,900195,30088,20069,200160,900121,60026,359,20031,424,700
       Short-term Investments 
443,200
420,300
0
382,800
-151,000
-2,673,900
-2,687,100
661,200
664,500
1,020,400
1,020,400664,500661,200-2,687,100-2,673,900-151,000382,8000420,300443,200
       Net Receivables 
78,759,300
68,086,200
39,249,700
40,076,800
56,582,600
55,342,300
98,575,300
82,268,400
51,838,900
56,029,000
56,029,00051,838,90082,268,40098,575,30055,342,30056,582,60040,076,80039,249,70068,086,20078,759,300
       Inventory 
153,553,900
180,356,200
148,830,700
160,140,300
172,841,400
198,386,300
242,492,600
157,580,900
201,201,300
283,486,500
283,486,500201,201,300157,580,900242,492,600198,386,300172,841,400160,140,300148,830,700180,356,200153,553,900
       Other Current Assets 
10,216,500
16,372,700
26,028,500
28,785,000
46,144,700
49,317,300
36,041,500
48,990,600
10,864,500
8,758,000
8,758,00010,864,50048,990,60036,041,50049,317,30046,144,70028,785,00026,028,50016,372,70010,216,500
   > Long-term Assets 
0
0
0
819,098,700
856,762,900
855,592,500
858,021,800
0
0
0
000858,021,800855,592,500856,762,900819,098,700000
       Property Plant Equipment 
605,820,800
657,960,800
693,229,800
720,522,200
755,650,000
759,358,800
763,428,800
750,683,200
769,269,700
769,123,500
769,123,500769,269,700750,683,200763,428,800759,358,800755,650,000720,522,200693,229,800657,960,800605,820,800
       Goodwill 
53,200
3,799,200
0
0
0
0
0
0
0
0
000000003,799,20053,200
       Long Term Investments 
470,700
185,000
22,790,400
24,754,600
0
0
0
0
0
0
00000024,754,60022,790,400185,000470,700
       Intangible Assets 
15,168,600
20,867,400
15,462,000
15,225,800
14,550,300
14,511,400
14,436,100
14,293,800
14,594,100
15,210,400
15,210,40014,594,10014,293,80014,436,10014,511,40014,550,30015,225,80015,462,00020,867,40015,168,600
> Total Liabilities 
505,839,400
591,790,300
611,508,600
705,729,800
784,943,200
783,061,500
854,174,100
724,124,200
658,974,400
757,344,200
757,344,200658,974,400724,124,200854,174,100783,061,500784,943,200705,729,800611,508,600591,790,300505,839,400
   > Total Current Liabilities 
287,675,300
352,805,600
386,893,000
463,645,100
434,186,600
416,172,100
449,648,400
450,704,000
393,429,200
493,342,800
493,342,800393,429,200450,704,000449,648,400416,172,100434,186,600463,645,100386,893,000352,805,600287,675,300
       Short-term Debt 
260,204,500
321,462,700
155,748,600
198,130,400
122,443,200
106,312,200
166,407,800
158,502,400
39,529,800
175,076,800
175,076,80039,529,800158,502,400166,407,800106,312,200122,443,200198,130,400155,748,600321,462,700260,204,500
       Short Long Term Debt 
260,204,500
321,462,700
351,414,000
413,956,500
155,160,300
142,389,300
192,431,500
0
0
0
000192,431,500142,389,300155,160,300413,956,500351,414,000321,462,700260,204,500
       Accounts payable 
31,985,200
38,121,400
39,835,400
52,184,100
75,266,400
72,252,400
63,223,700
0
0
0
00063,223,70072,252,40075,266,40052,184,10039,835,40038,121,40031,985,200
       Other Current Liabilities 
114,709,600
126,051,800
139,642,200
153,626,800
151,879,000
151,175,600
148,280,200
0
0
0
000148,280,200151,175,600151,879,000153,626,800139,642,200126,051,800114,709,600
   > Long-term Liabilities 
0
0
0
242,084,600
350,746,500
366,889,300
404,525,900
0
0
0
000404,525,900366,889,300350,746,500242,084,600000
       Long term Debt Total 
0
0
174,957,100
190,874,800
297,771,600
308,026,600
345,600,300
197,260,300
117,422,500
108,497,100
108,497,100117,422,500197,260,300345,600,300308,026,600297,771,600190,874,800174,957,10000
       Capital Lease Obligations 
0
0
0
14,698,000
14,687,800
14,595,000
21,840,300
0
0
0
00021,840,30014,595,00014,687,80014,698,000000
       Long-term Liabilities Other 
0
0
0
0
-10,000
0
300
0
0
0
0003000-10,0000000
       Deferred Long Term Liability 
9,200
12,500
0
0
0
0
0
0
0
0
0000000012,5009,200
> Total Stockholder Equity
432,845,800
437,710,500
401,514,300
370,422,600
369,466,500
396,461,500
415,102,300
454,062,200
542,116,800
547,466,700
547,466,700542,116,800454,062,200415,102,300396,461,500369,466,500370,422,600401,514,300437,710,500432,845,800
   Common Stock
41,305,300
41,305,300
41,305,300
41,305,300
41,305,300
41,305,300
41,305,300
41,305,300
41,305,300
41,305,300
41,305,30041,305,30041,305,30041,305,30041,305,30041,305,30041,305,30041,305,30041,305,30041,305,300
   Retained Earnings 
379,691,400
385,545,400
70,542,600
75,807,300
79,557,500
76,124,000
69,944,300
67,047,500
61,535,400
59,980,500
59,980,50061,535,40067,047,50069,944,30076,124,00079,557,50075,807,30070,542,600385,545,400379,691,400
   Capital Surplus 
0
0
289,160,100
252,768,200
247,969,100
276,995,500
300,254,200
343,166,900
435,997,000
440,985,800
440,985,800435,997,000343,166,900300,254,200276,995,500247,969,100252,768,200289,160,10000
   Treasury Stock0000000000
   Other Stockholders Equity 
9,498,100
8,508,800
506,300
541,800
634,600
2,036,700
3,598,500
2,542,500
3,279,100
5,195,100
5,195,1003,279,1002,542,5003,598,5002,036,700634,600541,800506,3008,508,8009,498,100



6.3. Balance Sheets

Currency in INR. All numbers in thousands.




6.4. Cash Flows

Currency in INR. All numbers in thousands.




6.5. Income Statements

Currency in INR. All numbers in thousands.


6.6. Latest Income Statement

Income Statement (annual), 2023-03-31. Currency in INR. All numbers in thousands.

Gross Profit (+$)
totalRevenue1,044,477,200
Cost of Revenue-748,285,200
Gross Profit296,192,000296,192,000
 
Operating Income (+$)
Gross Profit296,192,000
Operating Expense-0
Operating Income40,508,200296,192,000
 
Operating Expense (+$)
Research Development0
Selling General Administrative196,207,200
Selling And Marketing Expenses0
Operating Expense0196,207,200
 
Net Interest Income (+$)
Interest Income2,594,100
Interest Expense-300
Other Finance Cost-2,593,800
Net Interest Income0
 
Pretax Income (+$)
Operating Income40,508,200
Net Interest Income0
Other Non-Operating Income Expenses0
Income Before Tax (EBT)28,924,40040,508,200
EBIT - interestExpense = -300
21,765,300
21,765,600
Interest Expense300
Earnings Before Interest and Taxes (EBIT)028,924,700
Earnings Before Interest and Taxes (EBITDA)0
 
After tax Income (+$)
Income Before Tax28,924,400
Tax Provision-7,159,100
Net Income From Continuing Ops021,765,300
Net Income21,765,300
Net Income Applicable To Common Shares21,765,300
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses0
Total Other Income/Expenses Net00
 

Technical Analysis of Steel Authority of India Limited
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of Steel Authority of India Limited. The general trend of Steel Authority of India Limited is UNKNOWN with 0.0% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Steel Authority of India Limited's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator StateBullish trend Bearish trend
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Steel Authority of India Limited Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

SupportΒ is a price level at which demand for an asset is strong enough to prevent the price from falling further.
ResistanceΒ is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.


Score

Let's take a look at the Support & Resistance of Steel Authority of India Limited.

The long score for the Support & Resistance is 1/1.
The longshort score for the Support & Resistance is 1/(-1 +1).

  • Around support: The price is currently trading around a support level. This can be considered as a potential entry level. +1

The bullish price targets are: 144.20 < 149.04 < 154.30.

The bearish price targets are: 136.00 > 123.95 > 120.35.

Know someone who trades $500113? Share this with them.πŸ‘‡

Steel Authority of India Limited Daily Support & Resistance Chart
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2. Trend Indicators

2.1 Moving Averages

Shows theΒ moving averageΒ of the selected period.

  • Moving averages are laggingΒ trend indicators.
  • There are many types of moving averages.
  • Moving averages are also used within other indicators.

Score

Let's take a look at the Moving Averages of Steel Authority of India Limited. The current mas is .

Directionalities and relatives.

Moving AverageAmount of candlesTrendPrice +/-vs. MA 50vs. MA 100vs. MA 200

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

Steel Authority of India Limited Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

Shows theΒ momentumΒ of theΒ selected period based on two moving averages.

  • MACD is aΒ lagging momentumΒ indicator.
  • Uses two moving averages.
  • Can show buy or sell signals based on momentum.
  • Can show overbought. and oversold. levels.

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of Steel Authority of India Limited.

Steel Authority of India Limited Daily Moving Average Convergence/Divergence (MACD) ChartSteel Authority of India Limited Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index). The ADX helps you determine the strength of a trend.


Score

Let's take a look at the Directional Movement Index (DMI) of Steel Authority of India Limited. The current adx is .

Steel Authority of India Limited Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

  • Parabolic SAR (stop and reverse) is a lagging trend indicator.
  • ShowsΒ the current trend.
  • ShowsΒ potential entry signals.
  • ShowsΒ Β potential exit signals.
  • Can be used to placeΒ trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of Steel Authority of India Limited.

Steel Authority of India Limited Daily Parabolic SAR Chart
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3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

  • Leading momentumΒ indicator, meaning the signals are instant.
  • RangesΒ between 0 and 100.
  • Above 70 is considered overbought.
  • Below 30 is considered oversold.
  • Above or below 50 can also be used to determine price trend or support and resistance.
  • RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
  • Can be used in many different ways

Score

Let's take a look at the Relative Strength Index (RSI) of Steel Authority of India Limited.

Steel Authority of India Limited Daily Relative Strength Index (RSI) ChartSteel Authority of India Limited Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

ComparesΒ a certain price to multiple prices ranging over time.

  • LeadingΒ momentumΒ indicator, meaning the signals are instant.
  • Used to determine overbought and oversold areas much like the RSI.
  • RangesΒ between 0 and 100.
  • Above 80 is considered overbought.
  • Below 20 is considered oversold.
  • Consists of two lines named K and D.
  • K compares the highest high and lowest low on the selected price range.
  • The D line is a moving average of the K line.
  • Can be used to spot divergences

Score

Let's take a look at the Stochastic Oscillator of Steel Authority of India Limited.

Steel Authority of India Limited Daily Stochastic Oscillator ChartSteel Authority of India Limited Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

Measures the difference between the current price and the historical average price.

  • Lagging or leading Momentum indicator
  • When the CCI is above zero, the price is above the historical average
  • When the CCI is below zero,Β the price is below the historical average
  • Used for spotting trends
    • If the CCI moves from negative or near zero to positive 100 that might indicate an uptrend
    • If the CCI moves from positive or near zero to negative -100 that might indicate a downtrend

Score

Let's take a look at the Commodity Channel Index (CCI) of Steel Authority of India Limited.

Steel Authority of India Limited Daily Commodity Channel Index (CCI) ChartSteel Authority of India Limited Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

Measures the difference between the sum of recent gains and the sum of recent losses. Then divides the result by the sum of all price movements in that period.

  • Lagging momentum indicator
  • Ranges between +100 and -100
  • Considered overbought above +50
  • Considered oversold below -50
  • It's possible to add a moving average that acts as a signal line

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of Steel Authority of India Limited.

Steel Authority of India Limited Daily Chande Momentum Oscillator (CMO) ChartSteel Authority of India Limited Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

Β Shows the current price relative to the highest high over the last 14 days.
Β 

  • Lagging momentum indicator
  • Ranging between 0 andΒ -100
  • Above -20 is considered overbought
  • Below -80 is considered oversold
  • Is prone to give false signals

Score

Let's take a look at the Williams %R of Steel Authority of India Limited.

Steel Authority of India Limited Daily Williams %R ChartSteel Authority of India Limited Daily Williams %R Chart
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4. Volatility Indicators

4.1 Bollinger Bands

Shows if the price is to high or to low relative to an average.

  • Lagging volatility indicator
  • Uses 3 bands: one upper, one lower and one in the middle
  • Works best when the middle band reflects an intermediate trend (MA20).
  • When the price is moving closer to the upper band, the market might be overbought
  • When the price is moving closer to the lower band, the market might be oversoldΒ 

Score

Let's take a look at the Bollinger Bands of Steel Authority of India Limited.

Steel Authority of India Limited Daily Bollinger Bands Chart
4.2 Average True Range (ATR)
Measures market volatility
  • Leading volatility indicator
  • Can be used to determine stop-loss positions
  • Calculated by:
    • Current high minus the current low
    • Current high minus the previous close
    • Current low minus the previous close
  • The larger the range of the candles, the greater the ATR value

Score

Let's take a look at the Average True Range (ATR) of Steel Authority of India Limited.

Steel Authority of India Limited Daily Average True Range (ATR) ChartSteel Authority of India Limited Daily Average True Range (ATR) Chart
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5. Volume Indicators

5.1 On-Balance Volume (OBV)

Β Measures market volatility

  • Leading momentum indicator
  • Calculation:
    • If the closing price is above the previous closing price: OBV = previous OBV + current volume
    • If the closing price is below the previous closing price: OBV = previous OBV - current volume
    • If the closing price is the same as the previous closing price than the OBV is the same.
  • Can be used to confirm price trends
  • Can be used with divergences

Score

Let's take a look at the On-Balance Volume (OBV) of Steel Authority of India Limited.

Steel Authority of India Limited Daily On-Balance Volume (OBV) ChartSteel Authority of India Limited Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

  • Lagging momentum indicator
  • Looks like RSI but uses volume as an extra metric (RSI only considers price)
  • Above 80 is considered overbought
  • Below 20 is considered oversold
  • Can be used with divergences

Score

Let's take a look at the Money Flow Index (MFI) of Steel Authority of India Limited.

Steel Authority of India Limited Daily Money Flow Index (MFI) ChartSteel Authority of India Limited Daily Money Flow Index (MFI) Chart
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6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Steel Authority of India Limited.

6.2. Trading Signals

Below you will find trading signals as the indicator is commonly used. This doesn't mean you should use it that way. Learn from these, but don't use them blindly. I recommend using at least 4 indicators, 1 from each category: trend, momentum, volatility and volume.

DateIndicatorSignal
2025-02-10STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2025-02-11SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2025-02-12STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2025-02-13SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2025-02-14DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2025-02-17DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2025-02-19DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2025-02-21CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2025-02-24STOCH LONG EXITThe %K line crosses below the %D line.
2025-02-25CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2025-02-28DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2025-03-03DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
2025-03-04CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2025-03-05CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2025-03-06SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2025-03-07STOCH LONG EXITThe %K line crosses below the %D line.
2025-03-10CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2025-03-13MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2025-03-18STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2025-03-19MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2025-03-21BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2025-03-24STOCH LONG EXITThe %K line crosses below the %D line.
2025-03-28STOCH SHORT EXITThe %K line crosses above the %D line.
2025-04-01WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2025-04-02CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2025-04-03MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2025-04-04SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2025-04-07MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2025-04-09STOCH SHORT EXITThe %K line crosses above the %D line.
2025-04-15DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2025-04-16SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2025-04-17STOCH LONG EXITThe %K line crosses below the %D line.
2025-04-21MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2025-04-25STOCH LONG EXITThe %K line crosses below the %D line.
2025-04-28STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2025-04-29STOCH LONG EXITThe %K line crosses below the %D line.
2025-04-30CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2025-05-02MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2025-05-05CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2025-05-06DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2025-05-07SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH SHORT EXITThe %K line crosses above the %D line.
2025-05-08STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2025-05-09CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2025-05-12DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2025-05-13SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2025-05-14MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2025-05-16STOCH LONG EXITThe %K line crosses below the %D line.
2025-05-21STOCH SHORT EXITThe %K line crosses above the %D line.
2025-05-23STOCH LONG EXITThe %K line crosses below the %D line.
2025-05-26STOCH SHORT EXITThe %K line crosses above the %D line.
2025-05-28STOCH LONG EXITThe %K line crosses below the %D line.
2025-05-29MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2025-05-30RSI SHORT ENTRY LONG CLOSE70 crossover to downside
2025-06-02STOCH SHORT EXITThe %K line crosses above the %D line.
2025-06-03RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2025-06-04STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2025-06-05CCI LONG ENTRY SHORT CLOSE100 crossover to upside
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2025-06-09STOCH LONG EXITThe %K line crosses below the %D line.
2025-06-10RSI SHORT ENTRY LONG CLOSE70 crossover to downside
2025-06-12MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2025-06-13CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2025-06-17DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2025-06-19CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2025-06-20STOCH SHORT EXITThe %K line crosses above the %D line.
2025-06-24DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2025-06-25STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2025-06-26STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2025-06-30STOCH LONG EXITThe %K line crosses below the %D line.
2025-07-01MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
2025-07-02CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2025-07-03STOCH LONG EXITThe %K line crosses below the %D line.

6.3. Candlestick Patterns

Steel Authority of India Limited Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Steel Authority of India Limited based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
OpenGreater thanClose133.350
Total0/1 (0.0%)
Penke
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