Shah Alloys Ltd Experiences Surge in Trading Activity Amid Strong Market Interest
2025-03-07 11:00:46Shah Alloys Ltd, a microcap player in the Steel/Sponge Iron/Pig Iron industry, has made headlines today by hitting its upper circuit limit. The stock reached an intraday high of Rs 50, reflecting a significant change of 4.54 points, or 9.99%, from the previous close. This performance marks a notable outperformance against its sector, which saw a return of just 0.79% today. The stock has been on a positive trajectory, gaining for three consecutive days and accumulating a total return of 14.13% during this period. Today's trading volume reached approximately 0.20923 lakh shares, with a turnover of Rs 0.1017 crore. The last traded price stands at Rs 50, indicating strong market interest. In terms of price dynamics, the stock's performance today was characterized by a weighted average price closer to its low of Rs 45.71, while it remains above its 5-day moving averages. Notably, delivery volume surged by 182....
Read MoreShah Alloys Ltd Experiences Surge Amid Strong Buying Activity and Market Recovery Signals
2025-03-07 10:55:46Shah Alloys Ltd is witnessing significant buying activity, with the stock surging by 9.99% today, outperforming the Sensex, which only gained 0.08%. This marks a notable shift, as Shah Alloys has experienced consecutive gains over the past week, rising by 3.98%, while the Sensex increased by 1.64% during the same period. Despite a challenging month where Shah Alloys fell by 30.34%, the current buying pressure may be attributed to a variety of factors, including market sentiment and potential recovery signals. The stock opened with a gap up of 2.49% today and reached an intraday high of Rs 49.88, indicating strong buyer interest. In terms of moving averages, Shah Alloys is currently above its 5-day moving average but remains below its 20-day, 50-day, 100-day, and 200-day moving averages, suggesting mixed signals in the short to medium term. Over the longer term, the stock has shown remarkable growth, with...
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Shah Alloys Faces Financial Strain Amid Continued Stock Decline and High Debt Levels
2025-03-04 11:37:12Shah Alloys, a microcap in the Steel/Sponge Iron/Pig Iron sector, has reached a new 52-week low, continuing a downward trend. The company has reported negative performance metrics, including a significant decline in profit and a high debt-to-equity ratio, reflecting ongoing financial challenges amid a bearish market sentiment.
Read MoreShah Alloys Ltd Experiences Surge with 30.97% Gain Amid Market Trends
2025-02-21 09:57:22Shah Alloys Ltd is witnessing significant buying activity, with the stock gaining 6.68% today, contrasting sharply with the Sensex's decline of 0.38%. Over the past three days, Shah Alloys has shown a remarkable consecutive gain of 30.97%, indicating a strong upward momentum. The stock opened with a gap up of 6.39% and reached an intraday high of Rs 59.59, reflecting a 9.34% increase during the trading session. In terms of performance relative to the Sensex, Shah Alloys has struggled over longer periods, with a year-to-date decline of 11.91% compared to the Sensex's 3.45% drop. However, its five-year performance stands out, with a staggering increase of 600.48%, significantly outperforming the Sensex's 83.26% rise in the same timeframe. The current buying pressure may be attributed to various factors, including recent market trends, sector performance, or company-specific developments. Notably, the stock ...
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Shah Alloys Hits 52-Week Low Amidst Broader Market Gains and Sector Trends
2025-02-19 09:36:32Shah Alloys, a microcap in the steel industry, reached a new 52-week low today, reflecting a year-to-date decline of 35.81%. Despite this, the stock outperformed its sector and reversed a four-day decline, with intraday fluctuations indicating ongoing market challenges as it trades below key moving averages.
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Shah Alloys Faces Significant Stock Decline Amidst Market Volatility and Underperformance
2025-02-18 11:54:26Shah Alloys, a microcap in the Steel/Sponge Iron/Pig Iron sector, has hit a new 52-week low amid significant volatility, with a 30.04% loss over the past four days. The stock is underperforming its sector and has declined 30.39% over the past year, contrasting with the Sensex's gains.
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Shah Alloys Faces Ongoing Challenges Amid Significant Stock Volatility and Decline
2025-02-17 11:05:17Shah Alloys, a microcap in the Steel/Sponge Iron/Pig Iron sector, has faced notable volatility, hitting a 52-week low of Rs. 50. The stock has declined for three consecutive days, underperforming its sector and trading below key moving averages, reflecting ongoing challenges in the market.
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Shah Alloys Reports December 2024 Results Highlighting Strong Debtors Turnover Amid Sales Decline
2025-02-12 19:18:34Shah Alloys has announced its financial results for the quarter ending December 2024, showing a significant change in evaluation. The company achieved a high Debtors Turnover Ratio of 231.24 times, but faced challenges with a 64.13% decline in net sales and a drop in cash reserves to Rs 0.22 crore.
Read MoreCompliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018
07-Apr-2025 | Source : BSECertificate under Regulation 75(5) of Securities and Exchange Board of India (DEpositories and participants) Regulations 2018 for the Quarter ended on 31st March 2025
Closure of Trading Window
26-Mar-2025 | Source : BSETrading Window shall remain closed with effect from April 01 2025 till 48 Hours after the declaration of Financial Results of the company for the 4th Quarter and Financial year ending on March 31 2025
Announcement under Regulation 30 (LODR)-Newspaper Publication
13-Feb-2025 | Source : BSENews paper Publication of Unaudited Financial Results for the Quarter ended December 31 2024
Corporate Actions
No Upcoming Board Meetings
Shah Alloys Ltd has declared 10% dividend, ex-date: 06 Sep 07
No Splits history available
Shah Alloys Ltd has announced 1:1 bonus issue, ex-date: 13 Feb 06
No Rights history available