National Steel & Agro Industries
BSE: 513179 NSE: NATNLSTEEL CMP: 20.90 52 WEEK HIGH :33.00 52 WEEK LOW :18.00
National Steel and Agro Industries Ltd., an ISO 9001:2000 company, is a member of the Ruchi Group of Industries. they have ranked amongst the front-runners in the Indian Galvanized Steel industry commanding a significant market share.
With sales of over USD 300 millions and total tonnage shipment of 300,000 MT, they service customers across continents. products are well established in the USA, EU, UAE and African markets.
With consistent export achievements, have gained the status of Star Trading House in exports.
company produce flat steel products - CR Coils ,Galvanized steel and Galvanized Color Coated steel products in various grades ranging from LFQ, DD, EDD as per ASTM, JIS and other standards.
national steel and agro industries is 68 crore market capitalized stock from steel sector.its book value is around 42.00 rupees and earning per share for the trailing twelve months is Rs 11.31. compared to its current market price of 20.90 it is trading with a PE ratio of just 1.86. when compared to industry PE amazingly it is trading less than 14 times of industry PE.company have a net assets worth of 490.00 crores. the sales turnover for the year ended is 2312.11.crores. comparing to one of the competitors of its own sector ajmera reality,this company sales turnover is 10 times greater and net profit is double in the numbers as 25 crores. its also stared agri business hthey have gained well place in myanmar and singapore in short period of time.
company has a long track record, institutions have good no of holdings in this stock, having good cash reserves. at current market price of 20.00 this is a value buy.buy at this levels and on dips for a long term target of 40.00 and 55.00
hi
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