details

Peer companies

;

Share Market News

Steelco Gujarat is currently trading at Rs. 4.77, up by 0.09 points or 1.92% from its previous closing of Rs. 4.68 on the BSE.The scrip opened at Rs. 4.59 and has touched a high and low of Rs. 4.77 and Rs. 4.59 respectively. So far 6282 shares were traded on the counter.The BSE group `XT` stock of face value Rs. 10 has touched a 52 week high of Rs. 8.50 on 31-May-2018 and a 52 week low of Rs. 2.00 on 28-Feb-2019.Last one week high and low of the scrip stood at Rs. 4.87 and Rs. 4.50 respectively. The current market cap of the company is Rs. 20.30 crore.The promoters holding in the company stood at 75.00%, while Institutions and Non-Institutions held 0.06% and 24.94% respectively.Steelco Gujarat has received an approval for execution of loan facility agreement with its Ultimate Holding company, Spica Business Corp., Panama for $8,500,000 (US Dollar Eight Million Five Hundred Thousand Only) (around equivalent to OTS Proposal of the Company of Rs 58.25 crore, subject to approval of lenders). The Board of Directors of the company in its meeting held on April 30, 2019, approved the sameSteelco Gujarat manufactures cold rolled steel and galvanized steel. The products include cold rolled steel coils/sheets, hot dip galvanized steel coils and plain corrugated sheets.

Steelco Gujarat is currently trading at Rs. 4.57, down by 0.24 points or 4.99% from its previous closing of Rs. 4.81 on the BSE.The scrip opened at Rs. 4.61 and has touched a high and low of Rs. 4.92 and Rs. 4.57 respectively. So far 64448 shares were traded on the counter.The BSE group `X` stock of face value Rs. 10 has touched a 52 week high of Rs. 11.80 on 11-Oct-2017 and a 52 week low of Rs. 3.75 on 04-Jul-2018.Last one week high and low of the scrip stood at Rs. 5.13 and Rs. 4.56 respectively. The current market cap of the company is Rs. 19.45 crore.The promoters holding in the company stood at 75.00%, while Institutions and Non-Institutions held 0.06% and 24.94% respectively.The company has reported a net loss of Rs 18.36 crore first quarter ended June 30, 2018 as compared to net loss of Rs 10.57 crore for first quarter ended June 30, 2018. Total income of the company decreased by 75.22% at Rs 32.08 crore for Q1FY19 as compared Rs 129.48 crore for the corresponding quarter previous year.Steelco Gujarat is engaged in the manufacturing of galvanized plain (GP)/galvanized corrugated (GC) coil sheets, and cold rolled (CR) coils and sheets.

Steelco Gujarat is locked at upper circuit limit at Rs. 9.55, up by 0.45 points or 4.95% from its previous closing of Rs. 9.10 on the BSE.The scrip opened at Rs. 9.55 and has touched a high and low of Rs. 9.55 and Rs. 9.55 respectively. So far 25,140 shares were traded on the counter.The BSE group `XD` stock of face value Rs. 10 has touched a 52 week high of Rs. 13.00 on 17-May-2017 and a 52 week low of Rs. 3.70 on 10-Jun-2016.Last one week high and low of the scrip stood at Rs. 10.06 and Rs. 8.86 respectively. The current market cap of the company is Rs. 40.65 crore.The promoters holding in the company stood at 75.00%, while Institutions and Non-Institutions held 0.06% and 24.94% respectively.Steelco Gujarat has commenced commercial production of new Colour Coating Line (CCL) with effect from June 01, 2017 to introduce new product, viz. Pre-Painted Galvanized Iron (PPGI) coils and sheets and with this, capacity addition in operations will be 60,000 MT per annum for annual thickness of 0.30 mm x 1220 mm steel.Steelco Gujarat is engaged in the manufacturing of galvanized plain (GP)/galvanized corrugated (GC) coil sheets, and cold rolled (CR) coils and sheets.

Steelco Gujarat has informed that the meeting of the Board of Directors of the Company is scheduled to be held on February 14, 2017, to consider and approve, Unaudited Financial Results for the quarter ended December 31, 2016. In this regard, in accordance with the provisions of SEBI (Prohibition of Insider Trading) Regulations, 2015 read with Company’s Code of Conduct for Prevention of Insider Trading, ‘Trading Window’ for dealing in the securities of the Company shall remain closed, for all employee(s) / Insider(s) / Connected Person(s), from February 06, 2017 to February 16, 2017. The Trading Window shall reopen from February 17, 2017 or next earlier trading session available.The above information is a part of company’s filings submitted to BSE.

Steelco Gujarat has informed about the details of voting results at the 26th Annual General Meeting (AGM) of the Company held on September 30, 2016, under Regulation 44(3) of SEBI (LODR) Regulations, 2015 along with Scrutinizers Report.The above information is a part of company’s filings submitted to BSE.

Steelco Gujarat has informed about Board Meeting for Results and Closure of Trading Window.The above information is a part of company’s filings submitted to BSE.

Steelco Gujarat has informed about Quarterly Statement on Investor Complaints / Grievances Redressal Mechanism for the Quarter ended June 30, 2016, under Regulation 13(3) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.The above information is a part of company’s filings submitted to BSE.

Steelco Gujarat has informed about Quarterly Statement on Investor Complaints / Grievances Redressal Mechanism for the Quarter ended March 31, 2016, under Regulation 13(3) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.The above information is a part of company’s filings submitted to BSE.

Steelco Gujarat has submitted a copy of revised proceedings of the 25th Annual General Meeting of the Company held on September 30, 2015.The above information is a part of company’s filings submitted to BSE.

Steelco Gujarat has informed about the Standalone Financial Results for the period ended June 30, 2015.The above information is a part of company’s filings submitted to BSE.

Steelco Gujarat has informed that the tenure of Dr. R. S. Mamak Executive Vice Chairman expired on August 13, 2015. Considering the same the Board of Directors at their meeting held on August 13, 2015 approved the appointment of Dr. A. S. Mamak, as Non-Executive Vice Chairman with effect from August 14, 2015.The above information is a part of company’s filings submitted to BSE.

Steelco Gujarat has informed that the Board of Directors at its meeting held on May 16, 2015 has inducted Ameeta Trehan, as Independent Woman Director with effect from May 16, 2015 in compliance to section 149 of the Companies Act, 2013 and the rules framed thereunder and under clause 49 of the Listing Agreement.The above information is a part of company’s filings submitted to BSE.