Risk factor
Very poor trading liquidity
Profitability factor
Very low or no dividends
About
Steel Exchange India Limited manufactures and sells steel products in India. The company operates through Trading, Steel Ingot, and Integrated Steel Plant divisions. It produces ingots using sponge iron and scrap/pig iron; TMT bars; sponge iron products, including lumps, fines, and briquettes; and steel billets. The company also trades in various products ranging from finished steel products to semis, coal, scrap, sponge iron, etc. It sells TMT bars under the Simhadri TMT Bars brand. In addition, the company generates power from waste heat. Steel Exchange India Limited was incorporated in 1999 and is based in Visakhapatnam, India.
Company Valuation
Considering past and projected metrics, the stock is moderately 'expensive' compared to its peers. Specifically, the stock is 'expensive' on P/E, neutral on EV/EBITD.
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