Is Bajaj Steel a good stock to invest in?

Bajaj Steel is trading 10.40% upper at Rs 922.50 as compared to its last closing price. Bajaj Steel has been trading in the price range of 988.00 & 851.25. Bajaj Steel has given 186.42% in this year & 14.87% in the last 5 days.

Bajaj Steel has TTM P/E ratio 17.91 as compared to the sector P/E of 29.05.

The company posted a net profit of 17.43 Crores in its last quarter.

Listed peers of Bajaj Steel include Ador Welding (-0.62%), TIL (0.64%), Bajaj Steel (10.40%) etc.

Bajaj Steel has a 51.73% public holding. The FII holding in Bajaj Steel was at 0.12% in 13 Nov 2024. The FII holding has decreased from the last quarter.

922.50 +86.90 (10.40%)Updated : Wed 4 Dec, 2024 | 15:45:48

Bajaj Steel share price range

Today's Low

851.25

Today's High

988.00

52 Week Low

257.65

52 Week High

982.00

Bajaj Steel share Key Metrics

Updated on 4 Dec 2024, 01:07 AM IST

Market Cap ( ₹ Cr.)

1,738.05

Beta	1.28
Div. Yield (%)	0.09
P/B	5.23
D/E	0.17
Open Price	860.00

TTM P/E	17.91
Peg. Ratio	-5.90
Sector P/E	29.05
Prev. Close	835.60

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Technical Trends

Long Term
Considers price movement over the last 6 months

Not Available

Short Term
Considers price movement over the last 1-2 weeks

Not Available

Bearish
Moderately Bearish
Neutral
Moderately Bullish
Bullish

Insight: Trends unavailable at the moment.

Bajaj Steel Financials

INCOME
BALANCE SHEET
Cashflow

Annual

Quarterly

Period	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Total Revenue	550.96	533.29	436.90	510.99
Selling/ General/ Admin Expenses Total	70.59	109.83	81.13	87.80
Depreciation/ Amortization	11.90	9.84	8.95	7.06
Other Operating Expenses Total	130.83	28.17	28.83	22.75
Total Operating Expense	482.35	447.29	393.80	425.35
Operating Income	68.61	85.99	43.10	85.64
Net Income Before Taxes	79.61	94.00	48.71	86.99
Net Income	59.02	67.50	36.49	65.60
Diluted Normalized EPS	113.75	115.89	70.32	122.93

*All figures in crores except per share values

View detailed financials

Bajaj Steel forecast

Income Sheet (In Cr)Net Income Vs Revenue

Returns Metrics (In Cr)ROA Vs ROE

Bajaj Steel Corporate actions

Board Meetings
AGM
Dividends
Bonus
Split
Rights

Meeting Date	Purpose
13-Nov-24	Quarterly Results
03-Oct-24	Bonus issue
01-Aug-24	Quarterly Results
29-May-24	Audited Results
07-Feb-24	Quarterly Results
08-Nov-23	Quarterly Results
09-Aug-23	Quarterly Results
27-May-23	Audited Results & Final Dividend
14-Feb-23	Quarterly Results
19-Oct-22	Quarterly Results

Meeting Date	Announcement On	Purpose
04-Sep-24	16-Aug-24	AGM
02-Dec-23	25-Oct-23	POM
20-Sep-23	29-Aug-23	AGM
18-Jun-21	17-May-21	POM

Announcement On	Record Date	Ex-Dividend	Dividend Value
29-May-24	-	28-Aug-24	3
29-May-23	-	08-Sep-23	3
27-May-22	-	08-Sep-22	2
29-Jun-21	-	02-Dec-21	3

Announcement Date	Record Date	Ex-Bonus	Description
03-Oct-24	12-Nov-24	12-Nov-24	Bonus issue in the ratio of 3:1 of Rs. 5/-.

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Bajaj Steel Company profile

ABOUT Bajaj Steel

Industry Constr. & Agric. Machinery
ISIN INE704G01024
BSE Code 507944
NSE Code -

Bajaj Steel Industries Limited is an India-based company. The principal business activities of the Company are manufacturing of cotton ginning and pressing machineries, pre-fabricated building structure, heavy engineering products, firefighting, doors, components and allied products. Its segments include Steel and Plastic. Its products and services include Bajaj Ginning & Pressing Machinery, Bajaj-Continental Machinery, cotton trading, Bajaj Power Transmission Products, Specialty conveyors, electrical panels & accessories, structural fabrication, Bajaj Steel Buildings, Bajaj Pre-Fabricated House, firefighting systems, steel, doors and laser cutting machine. Its solutions include fully automatic ginning plant, steel buildings and electrical panels. Bajaj-Continental Machinery products include ginning machinery, IMPCO-delinting and acid-delinting. It has engineering setup in its various plants situated in and around Nagpur.

Bajaj Steel Management

Rohit Bajaj Executive Chairman of the Board, Managing Director
Mahendra Sharma Chief Executive Officer, Whole Time Director
Manish Sharma Chief Financial Officer
Ashish Bajaj Chief Executive Officer - Superpack Division
Rachit Jain Compliance Officer, Company Secretary
Lav Bajaj Executive Director
Sunil Bajaj Executive Director

FAQs about Bajaj Steel share price

Bajaj Steel is trading at 922.50 as on Wed Dec 04 2024 10:15:48. This is 10.40% upper as compared to its previous closing price of 835.60.

The market capitalization of Bajaj Steel is 1738.05 Cr as on Wed Dec 04 2024 10:15:48.

The 52 wk high for Bajaj Steel is 982.00 whereas the 52 wk low is 257.65

Bajaj Steel can be analyzed on the following key metrics -

TTM P/E: 17.91
Sector P/E: 29.05
Dividend Yield: 0.09%
D/E ratio: 0.17

Bajaj Steel reported a net profit of 59.02 Cr in 2024.

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Bajaj Steel share price

Bajaj Steel share price range

Bajaj Steel share Key Metrics

Bajaj Steel stock Analysis

Technical Trends

Long Term
Considers price movement over the last 6 months

Short Term
Considers price movement over the last 1-2 weeks

Bajaj Steel share price news

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Bajaj Steel Financials

Bajaj Steel forecast

Bajaj Steel Technical

Bajaj Steel Shareholding

Shareholding Pattern

Bajaj Steel Corporate actions

Bajaj Steel Company profile

ABOUT Bajaj Steel

Bajaj Steel Management

FAQs about Bajaj Steel share price

Bajaj Steel Quick Links

Equity Quick Links

Bajaj Steel share price

Bajaj Steel share price range

Bajaj Steel share Key Metrics

Bajaj Steel stock Analysis

Technical Trends

Long TermConsiders price movement over the last 6 months

Short TermConsiders price movement over the last 1-2 weeks

Bajaj Steel share price news

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Bajaj Steel Financials

Bajaj Steel forecast

Bajaj Steel Technical

Bajaj Steel Shareholding

Shareholding Pattern

Bajaj Steel Corporate actions

Bajaj Steel Company profile

ABOUT Bajaj Steel

Bajaj Steel Management

FAQs about Bajaj Steel share price

Bajaj Steel Quick Links

Equity Quick Links

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Long Term
Considers price movement over the last 6 months

Short Term
Considers price movement over the last 1-2 weeks