Vardhman Special Steels Ltd

VSSL

69.652.45 (+3.64%)

Investment Checklist

Intrinsic Value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

Current price is less than the intrinsic value

Returns vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's return on equity is lower than this rate, investors are better off investing the amount in a FD

Stock has been generating better return on equity than bank FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Stock doesn't offer attractive dividend returns

Entry Point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

Good time to consider, as stock is not in overbought zone

No Red Flags
ASM and GSM lists are measures to safeguard investors against volatility and unjustified stock prices. Pledging holdings means taking loans against held promoter shares. Stocks in ASM/GSM list, with high pledged promoter holding or high default probability should be handled with caution

Stock not in ASM/GSM lists, not a lot of promoter holding is pledged and default probability is low

Overview Forecasts Financials Peers Holdings News Events

Vardhman Special Steels Ltd

Name: Vardhman Special Steels Ltd
Brand: Tickertape
Price: 69.65 INR

VSSL

MaterialsIron & Steel

MicrocapWith a market cap of ₹240 cr, stock is ranked 991

High RiskStock is 3.67x as volatile as Nifty

69.652.45 (+3.64%)

Investment Checklist

Intrinsic Value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

Current price is less than the intrinsic value

Returns vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's return on equity is lower than this rate, investors are better off investing the amount in a FD

Stock has been generating better return on equity than bank FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Stock doesn't offer attractive dividend returns

Entry Point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

Good time to consider, as stock is not in overbought zone

No Red Flags
ASM and GSM lists are measures to safeguard investors against volatility and unjustified stock prices. Pledging holdings means taking loans against held promoter shares. Stocks in ASM/GSM list, with high pledged promoter holding or high default probability should be handled with caution

Stock not in ASM/GSM lists, not a lot of promoter holding is pledged and default probability is low

MaterialsIron & Steel

MicrocapWith a market cap of ₹240 cr, stock is ranked 991

High RiskStock is 3.67x as volatile as Nifty

Key Ratios

PE RatioPE Ratio

10.85

PB RatioPB Ratio

0.66

Dividend YieldDiv. Yield

—

Sector PESector PE

15.30

Sector PBSector PB

1.76

Sector Div YldSctr Div Yld

1.89%

Forecast & RatingsDetailed Forecast

—

Forecast data is currently unavailable for this stock

Price

Price Upside

Earnings

Earnings Growth

Revenue

Rev. Growth

See Detailed Forecast

About & PeersCompare with peers

Vardhaman Special Steels Limited is engaged in the manufacturing of billet, steel bars and rods, and bright bars of various categories of special and alloy steels.

PE Ratio

11.25

1Y Return

-48.71%

Buy Reco %

—

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See Plans

Financial TrendFinancial statements

Revenue

Profit

All values in ₹ Thousand cr.

See financial statements

Holdings TrendDetailed holdings

Total Promoter Holding
Increasing promoter holding is considered good and reflects management’s positive view about the future outlook

In last 6 months, promoter holding in the company has almost stayed constant

Mutual Fund Holding
Increasing Mutual Fund holdings are generally considered good, as it reflects that fund managers are becoming more bullish about the stock

In last 3 months, mutual fund holding of the company has almost stayed constant

See detailed holdings

Recent NewsAll news

Vardhman Special Steels Limited Q2 FY2019 Earnings Conference Call

8 months ago•Moneycontrol

Have raised Rs 50 cr via QIP against approval of Rs 175 cr; most funds to be used towards capex: Vardhman Special Steels

1 year ago•Moneycontrol

Vardhman Special Steels up 2% on issue of 35.72 lakh shares via QIP

1 year ago•Moneycontrol

See all news

Recent EventsAll events

Investor Presentation

Announced OnAug 13, 2019

Vardhman Special Steels Limited has informed the Exchange regarding Investor Presentation on financial results of the Company for the quarter ended 30th June, 2019.

Memorandum of Understanding/Agreements

Announced OnAug 10, 2019

Vardhman Special Steels Limited has informed the Exchange about Memorandum of Understanding/Agreements with Aichi Steel Corporation.

See all events