Vardhman Special Steels standalone net profit rises 40.44% in the June 2024 quarter

Vardhman Special Steels allots 35,250 equity shares under ESOP

New Delhi [India], April 13 (ANI/PNN): Vardhman Special Steels Ltd (VSSL) celebrated the completion of 50 glorious years of its steel business under the aegis of Vardhman Group at The Oberoi, New Delhi. Over the 50 years, it had consistently improved its manufacturing capabilities to provide high-q…

Secretary, Ministry of Steel Nagendra Nath Sinha congratulates VSSL on Golden Jubilee; VSSL Board recommends 1:1 bonus share

In the past three months, Vardhman Special Steels has zoomed 49% and KPIT Technologies has surged 41% as compared to a 3% decline in the S&P BSE Sensex

Two smallcap stocks touch new highs; have zoomed up to 49% in past 3 months

Based on the industrial trends and individual performance of companies, HDFC Securities has picked Jindal Drilling & Industries, RACL Geartech, and Vardhman Special Steels for 2-3 quarters

Top fundamental stock picks by HDFC Securities

Vardhman Special Steels standalone net profit rises 15.31% in the September 2022 quarter

Vardhman Special Steels standalone net profit rises 8.99% in the June 2022 quarter

Vardhman Special Steels standalone net profit rises 10.74% in the March 2022 quarter

Tata Steel and Vardhman Special Steels are the brokerage’s top stock picks in the metals sector with three months time frame

Metal stocks to buy: Here are ICICI Securities’ top 2 picks

The volumes for the quarter stood at 44,723 tonnes as against 45,964 tonnes in Q3FY21.

Vardhman Special Steels ends higher despite 10.15% yoy decline in Q3 PAT to Rs19.47cr

Top picks by Narendra Solanki for Samvat 2078 are Infosys, Hindalco, Coforge, Indo Count Industries, Rossari Biotech and Vardhman Special Steels.

Narendra Solanki Of Anand Rathi Sees Nifty At 19,700, Rs 1-1.3 Lakh Crore Of IPOs By Diwali 2022

Hasn't fared well - amongst the low performers

Performance

Seems to be overvalued vs the market average

Valuation

Financials growth has been moderate for a few years

Growth

Showing good signs of profitability & efficiency

Profitability

The stock is underpriced and is not in the overbought zone

Current price is less than the intrinsic value

Fundamentals

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

Technicals

Entry point

Promoter pledged holding

Unsolicited messages

Default probability

Red flags

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.