S.A.L. Steel Limited logo

SALSTEEL

NSE
S.A.L. Steel Limited (SMALL CAP)
Commodities>Metals & Mining>Ferrous Metals>Sponge Iron
56.20
1.19 (2.07%)
High VOLATILITY
As on 10 Jul 2026

Price History

Market Cap
₹586 Cr
SMALL CAP
P/E Ratio
N/A
Industry
Sponge Iron
52-Week Range
52W Low14.37+291.1%
52W High65.5-14.2%
Current Price
56.20
Circuit Limits (5%)
Lower Circuit53.39
Upper Circuit59.01
Reference Price
56.20

Investment Checklist

Inverse Head and Shoulders on 1D (BREAKOUT CONFIRMED) — target ₹57.14
Ascending Channel on 1W — target ₹57.89
Volume divergence: Bearish (price up, volume down)
EMA(50) Crossover: Price crossed below EMA(50): Fresh bearish weakness signal.
SuperTrend(10,3): Price above SuperTrend (Industry Standard (Swing/Medium-Term))

Technical Analysis

Technical Analysis

Analysis from 2026-07-11

Confidence
43%

Trend

NEUTRAL
NEUTRAL

Mixed MA signals — sideways/transition | Bullish MA stack (20>50>200)

EMA20
57.39
EMA50
56.45
EMA200
44.98

Price Action

MIXED
NEUTRAL
Higher Highs4
Higher Lows5
Lower Highs5
Lower Lows4

Support & Resistance Levels

Resistance (Above)
57.75
60.00
61.50
63.49
65.50
Support (Below)
53.06
52.22
49.57
47.92
45.11

Volume Analysis

TrendDECREASING
Change-37.80%
Unusual VolumeNo
Divergence Detected
Bearish (price up, volume down)

Stop Loss Levels

Fixed Risk

1% Risk55.64
3% Risk54.51
5% Risk53.39
7% Risk (Custom)
52.27

Technical Levels

1x ATR (Volatility)52.94
2x ATR (Swing)49.68
3x ATR (Trend)46.42
Immediate Support53.06

Moving Averages

EMA 200 (Long-term)44.98

Financials

Financial Analysis

MetricDec '24Mar '25Jun '25Sep '25
Revenue₹193.6 Cr₹116.4 Cr₹127.6 Cr₹65.7 Cr
Net Profit₹-68,00,000₹-6 Cr₹-9.7 Cr₹3.7 Cr
EPS₹-0.08₹-1.14₹44.00
Operating Profit₹7.7 Cr₹-15,15,000₹-5.3 Cr₹13 Cr

Peer Comparison

Sponge Iron

Peer Comparison

Symbol
Name
Price
Change
P/E Ratio
Market Cap
KIOCL Limited₹380.95+1.03%1,397.2
₹23.15K Cr
S.A.L. Steel Limited₹56.20-2.07%
₹586 Cr
Vraj Iron and Steel Limited₹117.00+3.41%13.1
₹386 Cr
Chaman Metallics Limited₹97.70-1.31%284.7
₹236 Cr
Vaswani Industries Limited₹54.52+0.78%42.3
₹180 Cr
Shri Hare-Krishna Sponge Iron Limited₹35.00+0.00%10.8
₹67 Cr

Corporate Information

Large Deals

View All

Bulk, Block and Short deals reported for this stock.

Loading Deals...

Corporate Actions

Recent actions

View All
Ex DatePurposeType
07 Sept 2022
Annual General Meeting
AGM
13 Sept 2021
Annual General Meeting
AGM
09 Dec 2020
Annual General Meeting
AGM
11 Sept 2019
Annual General Meeting
AGM
11 Sept 2018
Annual General Meeting (Date Revised)
AGM

Announcements

Latest updates

View All
DateDescriptionLink
07 Jul 2026
Certificate under SEBI (Depositories and Participants) Regulations, 2018
06 Jul 2026
Disclosure under SEBI Takeover Regulations
01 Jul 2026
Appointment
01 Jul 2026
Outcome of Board Meeting
26 Jun 2026
Reply to Clarification- Financial results

Board Meetings

Upcoming and past meetings

View All
DatePurposeLinks
29 May 2026
Financial Results/Other business matters
29 May 2026
Board Meeting Intimation
14 Feb 2026
Board Meeting Intimation
14 Feb 2026
Financial Results/Other business matters
14 Nov 2025
Board Meeting Intimation

Corporate Events

Upcoming results & meetings

View All

No upcoming events found

We couldn't find any scheduled corporate actions for this symbol at the moment.

Shareholding Pattern

Shareholding Pattern

As of Feb 2026Pledged: 18.98%

Current Distribution

Trend (Last 8 Qtrs)

Latest News

News for SALSTEEL

View All
Tata Steel's Dutch unit faces criminal summons over alleged pollution at Netherlands plant
negative
CNBC TV18 - Markets 23h ago

Tata Steel's Dutch unit faces criminal summons over alleged pollution at Netherlands plant

Tata Steel said its Dutch subsidiary has been summoned by prosecutors over alleged pollution at its IJmuiden coke plants. The company said the case relates to "undercooked coke" incidents that have already fallen 98% since 2020 and called the allegations unjustified, adding it will contest them in court.

SALSTEELTATASTEELTATATECHInformation TechnologyMetals & Mining
JSW Dulux to repopularise Dulux brand acquired from Akzo Nobel, steel network for growth
positive
LiveMint - Companies 1d ago

JSW Dulux to repopularise Dulux brand acquired from Akzo Nobel, steel network for growth

JSW Steel is expected to give the group's paint company a huge advantage when it approaches customers who need industrial coatings.

JSWDULUXJSWHLJSWINFRAJSWSTEELSALSTEELConsumer DurablesFinancial Services
Vedanta Power, Vedanta Oil & Gas, other Vedanta stocks surge up to 6%. What lies ahead?
positive
ET Markets - Stocks 1d ago

Vedanta Power, Vedanta Oil & Gas, other Vedanta stocks surge up to 6%. What lies ahead?

Vedanta Group stocks experienced significant gains on Friday after their recent demerger. Vedanta Iron and Steel shares surged five percent, hitting the upper circuit limit. Vedanta Oil and Gas shares also saw a substantial increase, extending recent positive momentum. Vedanta Power and Vedanta Aluminium reported production and sales figures for the first quarter. Analysts at Motilal Oswal initiated coverage on Vedanta Aluminium with a buy rating.

ABHAPOWERGVPILMOALPHA50MOBANK10MOCAPITALMODEFENCEMOENERGYMOGOLDMOGSECMOHEALTHMOINFRAMOIPOMOLOWVOLMOM100MOM50MOMENTUMMOMENTUM50MOMGFMOMIDMTMMOMNCMOMOMENTUMMON100MON50EQUALMONEXT50MONIFTY100MONIFTY500MONQ50MOPSEMOQUALITYMOREALTYMOSERVICEMOSILVERMOSMALL250MOTILALOFSMOTOURMOVALUEMSPLOILOILIETFONGCSALSTEELSUNFLAGVAMLVEDLVEDPOWERVISLVOGLVRAJCapital GoodsFinancial Services

Frequently Asked Questions