Close 10 Sep 1505 scanned A
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SMALLCAP 25018,433.40+0.01%
NEXT 5072,530.90-0.44%
BREADTH61%above 200-DMA
ADV / DEC558 / 939
NSE close 10 Sep

SALSTEEL

S.A.L. Steel Limited
Small capRs 111 crRs 5.6 cr traded a day
Close on 10 September 2026
76.63
−3.23%
52-week range90% of the way up
26.8682.43
Market cap
111 cr
P/E (TTM)
8.9×
EPS (TTM)
8.58
Revenue YoY
-31.5%
Q1 FY27
Net margin
3.5%
+11.1pt vs a year ago
Growth trend
+58.2pt
vs last quarter’s YoY
1 month
+21.5%
Below 52w high
7.6%
RSI (14)
45
Daily swing
6.3%
average true range
Volume
0.4×
vs 20-day average
Traded
Rs 6 cr
median day
Close200-day averageMaterial filing
20406080Aug 25Oct 25Dec 25Feb 26Apr 26Jun 26Aug 26
260 sessions · hover for the filing behind a move

Key metrics

each ranked against every stock scanned tonight
Above the 200-day average
Top of the universe
+46.7%
One-year return
Top of the universe
+188.1%
Return on capital employed
n/a
Debt to equity
n/a
Profitable quarters, last four
of the last four reported
3 of 4
Cash conversion
cash from operations against reported profit
n/a
Revenue growth, year on year
latest reported quarter
-31.5%
Below the 52-week high
from the highest close of the year
-7.0%
1 week
−6.59%
1 month
+21.54%
3 months
+30.37%
6 months
+81.80%
1 year
+188.08%

The read

written from the numbers on this page
The evidence leans constructive6 supporting, 2 against, 0 worth knowing

Supporting

  • trading 47% above its 200-day average
  • sitting at 90% of its 52-week range, with little overhead supply from trapped buyers
  • up 188% over twelve months
  • matches stretched far above trend, which has beaten the market by +0.87 points over 20 sessions across 27,245 past signals
  • 5 of the scans it matches have a positive measured record
  • 4 independent kinds of evidence agree today, which is uncommon

Against

  • revenue fell 32% year on year in the quarter ending 30 June 2026
  • net margin has narrowed from 5.7% to 3.5% across four quarters

Worth knowing

  • nothing the data supports either way
What would change this read: a close below 52, its 200-day average; a failure to hold the top of its 52-week range.
Assembled automatically from the figures on this page — the scans matched, their measured record, the filed financials, the derivatives positioning and the peer comparison. It is not a recommendation, no one has spoken to the company, and every claim above can be checked against a number further down this page.

What is working, what is not

from the filings and from the price, with the figure behind every line
Working4

Net margin improved from -7.6% to 3.5%.

-7.6%3.5%

Profit rose year on year in all 4 of the last 4 quarters.

4

Trading 46.7% above its 200-day average, which is the line most investors use to separate a bull phase from a bear one.

+46.7%

Up 188.1% over the past year.

+188.1%
Needs watching2

Revenue -31.5% year on year, Rs 128 cr to Rs 87 cr.

-31.5%Rs 128 crRs 87 cr

A warning rule fires on it tonight: stretched far above trend.

Stretched far above trend
Every figure here is computed — from the company’s own filings, or from its own closing prices. Wording of 2 of these 3 filing lines was drafted by a language model, which is given the figures and may not introduce another — any sentence containing a number that did not come from the filings is discarded before it reaches this page.

How it has performed

price return over each window, beside the median NSE stock over the same days
this stockmedian NSE stock, same window-6.6%-5.8 pt vs market1W+21.5%+22.6 pt vs market1M+30.4%+27.7 pt vs market3M+81.8%+65.2 pt vs market6M+188.1%+191.3 pt vs market1Y

What the scans say today

6 of 47 matched on 10 Sep
SALSTEEL matches 6 of the 47 scans today, across 4 different kinds of evidence. Three or more independent families agreeing is uncommon — it is the same test the shortlist on every page uses.

Valuation against its own history

500 sessions since 12 September 2024
24×
median 41×
91×
now 9×
SALSTEEL trades at trailing earnings, below its median of 41× over this window — 78% less expensive than usual. The band runs from the 5th to the 95th percentile, so single-day spikes do not set the edges.
This window is short by the standards of valuation history — it begins where four quarters of filed earnings first exist. A stock can look cheap against two years and expensive against ten.

Recent filings

from the exchange, newest first
AGM / EGM filings were typically +0.17pt vs the market over the next 5 sessions (n=8,423) · Other filing filings were typically +0.01pt vs the market over the next 5 sessions (n=17,202) · Management filings were typically +0.06pt vs the market over the next 5 sessions (n=2,634)

The business

from the company’s filed results
Everything below is taken from the company’s own quarterly filing with the exchange — the XBRL document it submitted, not a vendor’s summary of it. Figures in rupees crore.
12319411612866212870.0%300.9%-8.5%3.5%Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26Q3 FY26Q4 FY26Q1 FY27
RevenueNet profit, drawn inside its revenue barNet margin, own scale belowrupees crore, per quarter as filed. Revenue bars start at zero.

Going for it

  • net margin widened from -8.5% to 3.5%

Going against it

  • revenue fell 32% against the same quarter a year earlier
  • profit dropped 132% year on year
Quarter-by-quarter numbers, as filed
QuarterRevenueProfit before taxNet profitEPSNet margin
Q1 FY27
30 Jun · standalone
87530.213.5%
Q4 FY26
31 Mar · standalone
12-0-1-8.5%
Q3 FY26
31 Dec · standalone
2870.68300.9%
Q2 FY26
30 Sep · standalone
66540.445.7%
Q1 FY26
30 Jun · standalone
128-13-10-7.6%
Q4 FY25
31 Mar · standalone
116-8-6-5.1%
Quarterly filings are unaudited unless stated. Consolidated figures are used where the company files both. A single quarter is a noisy thing — the trend across the column is worth more than the top row.

Where the price stands

the same figures every scan on this site is computed from
Trend
Distance from the averages traders watch. Above all of them is a bull phase; below the 200-day is the line most investors use to say otherwise.
Versus 50-day average+16.3%
Versus 200-day average+46.7%
Below 52-week high-7.0%
Above 52-week low+185.3%
Momentum
How hard it has been pushed lately. Above 70 on RSI is stretched, below 30 is washed out — neither is a signal on its own.
RSI (14)45.4
Higher closes in last 51 of 5
Six-month return+81.80%
Risk and liquidity
What a position costs to hold and to exit. Position sizing starts with the daily swing, not with conviction.
Typical daily swing (ATR)6.33%
Volume versus 20-day0.4x
Median daily turnoverRs 5.6 cr

Recent sessions

what this stock has matched since the engine went live
This is the live record, not the backtest — the scans this stock actually appeared in on each stored session. A name that keeps reappearing is in a persistent condition; a one-day appearance usually is not.
SessionScansWhich
1 Sep1Closed at the very top of its range
31 Aug1Closed at the very top of its range
28 Aug1Closed at the very top of its range