Panchmahal Steel Ltd Experiences Notable Buying Surge Amidst Market Dynamics
2025-04-02 10:50:04Panchmahal Steel Ltd is currently witnessing significant buying activity, with the stock gaining 5.00% today, outperforming the Sensex, which rose by only 0.60%. Over the past two days, the stock has recorded consecutive gains, accumulating a total return of 8.33%. The stock reached an intraday high of Rs 147, reflecting strong buyer interest. In terms of performance relative to the Sensex, Panchmahal Steel has shown mixed results over various time frames. While it has outperformed the Sensex in the short term, with a 3.52% increase over the past week compared to the Sensex's decline of 1.04%, its longer-term performance reveals challenges. Over the past month, the stock has decreased by 26.54%, contrasting sharply with the Sensex's gain of 4.49%. Factors contributing to the current buying pressure may include recent market dynamics and sector-specific developments, as the stock has outperformed its sect...
Read MorePanchmahal Steel Ltd Sees Notable Buying Surge Amid Price Recovery Trends
2025-03-20 10:25:05Panchmahal Steel Ltd is witnessing significant buying activity, with the stock rising by 5.03% today, outperforming the Sensex, which gained only 0.55%. This marks a trend reversal for the microcap steel company, as it has gained after two consecutive days of decline. Over the past week, Panchmahal Steel has increased by 5.85%, compared to the Sensex's 2.76% rise. Despite its recent gains, the stock has faced challenges over the longer term, with a notable decline of 40.05% over the past month and 44.72% over the last three months. However, it has shown resilience in the five-year period, boasting a remarkable increase of 765.22%, significantly outpacing the Sensex's 153.60% growth. Today's trading saw the stock reach an intraday high of Rs 149.25. It is currently trading above its 5-day moving average but remains below its 20-day, 50-day, 100-day, and 200-day moving averages. The strong buying pressure m...
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Panchmahal Steel Hits 52-Week Low Amid Broader Market Gains and Mixed Outlook
2025-03-18 10:36:32Panchmahal Steel, a microcap in the steel industry, has reached a new 52-week low while showing mixed technical indicators. Despite a year-over-year decline, the company has demonstrated strong long-term growth, with significant increases in operating profit and profit after tax over the past four quarters.
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Panchmahal Steel Hits 52-Week Low Amid Broader Market Decline and Mixed Performance Indicators
2025-03-11 10:06:08Panchmahal Steel, a microcap in the steel industry, reached a new 52-week low amid a broader market decline. Despite reporting strong quarterly results and significant growth in operating profit, the company has underperformed against the benchmark Sensex over the past year, raising concerns about its stock performance.
Read MorePanchmahal Steel Experiences Valuation Grade Change Amidst Industry Comparison Dynamics
2025-03-05 08:00:12Panchmahal Steel, a microcap player in the Steel/Sponge Iron/Pig Iron industry, has recently undergone a valuation adjustment. The company's current price stands at 163.65, reflecting a notable decline from its previous close of 185.00. Over the past year, Panchmahal Steel has shown a return of 10.95%, contrasting with a slight decline in the Sensex, which recorded a -1.19% return. Key financial metrics for Panchmahal Steel include a PE ratio of 40.08 and an EV to EBITDA ratio of 16.37. The company's return on capital employed (ROCE) is reported at 4.97%, while the return on equity (ROE) stands at 4.85%. These figures provide insight into the company's operational efficiency and profitability. In comparison to its peers, Panchmahal Steel's valuation metrics highlight a diverse landscape within the industry. For instance, Beekay Steel Ind is noted for its attractive valuation with a significantly lower PE ...
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Panchmahal Steel Reports Significant Profit Growth Amid Market Challenges
2025-03-03 18:33:18Panchmahal Steel, a microcap in the Steel industry, has reported impressive financial results for Q3 FY24-25, with a significant profit increase and strong annual operating profit growth. Despite its positive performance, the stock is currently in a mildly bearish technical range, reflecting market complexities.
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Panchmahal Steel Reports December 2024 Results: Profit Growth Amid Sales Challenges
2025-02-12 17:21:04Panchmahal Steel has announced its financial results for the quarter ending December 2024, revealing a substantial increase in Profit After Tax to Rs 3.44 crore, up 782.05% year-on-year. However, net sales fell to Rs 94.72 crore, the lowest in five quarters, indicating mixed performance.
Read MoreCompliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018
05-Apr-2025 | Source : BSECertificate under Reg.74(5) of SEBI (DP) Regulations 2018 for quarter period ended 31.03.2025
Closure of Trading Window
21-Mar-2025 | Source : BSEIntimation for Closure of Trading Window
Announcement under Regulation 30 (LODR)-Change in Management
18-Mar-2025 | Source : BSEChange in Senior Management Personnel of the Company
Corporate Actions
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Panchmahal Steel Ltd has declared 40% dividend, ex-date: 14 Sep 22
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