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Market Data

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What’s Your Call?

Collective community sentiment on Newmalayalam Steel Ltd

Your Vote -

Buy

50.00%

Hold

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Sell

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50.00%

2 users have voted

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How many stocks are available to buy or sell and at what prices.

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Option Chain

Analyzes market sentiment, predicts Newmalayalam Steel Ltd' movement.

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News

Media spotlight triggers stock stock attention, sentiment.

  • Newmalayalam Steel - Resignation of Statutory Auditor

    21 Feb 2025, 12:02PM NEWMALAYALAM STEEL LIMITED has informed the Exchange about Resignation of Statutory Auditor
  • Newmalayalam Steel - Change in Auditors

    20 Feb 2025, 5:38PM Newmalayalam Steel Limited has informed the Exchange regarding Change in Auditors of the company.
  • Newmalayalam Steel - Press Release

    3 Feb 2025, 3:35PM Newmalayalam Steel Limited has informed the Exchange regarding a press release dated February 03, 2025, titled ""NewMalayalam Steel Continues Growth w
  • Newmalayalam Steel - Bagging/Receiving of orders/contracts

    25 Jan 2025, 7:39PM Newmalayalam Steel Limited has informed the Exchange about Bagging/Receiving of orders/contracts
  • Newmalayalam Steel - Structural Digital Database

    20 Jan 2025, 9:07PM SDD Compliance Certificate as received from Practicing Company Secretary for the Quarter ended on 31st December, 2024 for Newmalayalam Steel Limited
  • Newmalayalam Steel has submitted to BSE the Shareholding Pattern for the Period Ended December 24, 2024

    18 Jan 2025, 9:10PM As of December 2024, 73.02% is owned by Indian Promoters and 26.98% by Public. <p align=justify> Top five Promoters holding highest number of shares o
  • Newmalayalam Steel - Bagging/Receiving of orders/contracts

    16 Jan 2025, 7:52PM Newmalayalam Steel Limited has informed the Exchange about Bagging/Receiving of orders/contracts
  • Newmalayalam Steel - Certificate under SEBI (Depositories and Participants) Regulations, 2018

    14 Jan 2025, 3:31PM Newmalayalam Steel Limited has informed the Exchange about Certificate under SEBI (Depositories and Participants) Regulations, 2018
  • Newmalayalam Steel - Quarterly Compliance Report on Corporate governance - within 21 days from the end of the quarter

    14 Jan 2025, 3:27PM Newmalayalam Steel Limited has informed regarding Submission of the Compliance Report on Corporate Governance for the Q3 FY 2024-25
  • Newmalayalam Steel - Press Release

    13 Jan 2025, 8:14PM Newmalayalam Steel Limited has informed the Exchange regarding a press release dated January 13, 2025, titled ""General Updates for Securing Multiple
  • Newmalayalam Steel - Bagging/Receiving of orders/contracts

    7 Jan 2025, 1:02PM Newmalayalam Steel Limited has informed the Exchange about Bagging/Receiving of orders/contracts
  • Newmalayalam Steel - Press Release

    4 Jan 2025, 8:00PM Newmalayalam Steel Limited has informed the Exchange regarding a press release dated January 04, 2025, titled ""General Updates for Securing Multiple
  • Newmalayalam Steel - Press Release

    4 Jan 2025, 7:55PM Newmalayalam Steel Limited has informed the Exchange regarding a press release dated January 04, 2025, titled ""General Updates for Receiving Credit U
  • Newmalayalam Steel - Bagging/Receiving of orders/contracts

    2 Jan 2025, 6:21PM Newmalayalam Steel Limited has informed the Exchange about Bagging/Receiving of orders/contracts
  • Newmalayalam Steel - Credit Rating

    1 Jan 2025, 7:46PM Newmalayalam Steel Limited has informed the Exchange about Credit Rating
  • Newmalayalam Steel - Bagging/Receiving of orders/contracts

    30 Dec 2024, 6:32PM Newmalayalam Steel Limited has informed the Exchange about Bagging/Receiving of orders/contracts
  • Newmalayalam Steel - Bagging/Receiving of orders/contracts

    27 Dec 2024, 3:06PM Newmalayalam Steel Limited has informed the Exchange about Bagging/Receiving of orders/contracts
  • Newmalayalam Steel Ltd. debuts with 0.00% discount at Rs 90.00

    27 Dec 2024, 9:50AM Newmalayalam Steel Ltd. makes a flat debut on the bourses with scrip got listed at Rs 90.00 on the Bombay Stock Exchange, a 0.00 per cent discount to

Key fundamentals

Evaluate the intrinsic value of Newmalayalam Steel Ltd stock 

Name March-24
Assets 99.5829
Liabilities 99.5829
Equity 12.6476
Gross Profit 7.2856
Net Profit 4.2686
Cash From Operating Activities -21.3111
NPM(%) 1.42
Revenue 300.1606
Expenses 292.875
ROE(%) 9.46

Shareholding Pattern

Corporate Action

XD-Date Dividend-Amount Dividend-% Dividend Yield(%GE) Price on that day

Peers

Other companies within the same industry or sector that are comparable to Newmalayalam Steel Ltd

Company Price Price (% change) pe(x) EV/EBITDA(x) ROE(%) ROCE(%)
P S Raj Steels Ltd 141.90 1.65 0.00 0.00 84.41 0.00
Vaswani Industries Ltd 36.98 -1.28 11.93 0.00 28.82 0.00
Kirloskar Ferrous Industries Ltd 452.20 0.00 33.62 0.00 362.03 1.22
Prakash Steelage Ltd 6.75 0.60 3.28 0.00 330.78 0.00

Company Info

Our Company was incorporated on March 31, 2017 as `NewMalayalam Steel Private Limited', a private limited company under the Companies Act, 2013, pursuant to a certificate of incorporation issued by Deputy Registrar of Companies, Registrar of Companies, Central Registration Centre. Further, our Company was converted into a public limited company pursuant to a resolution passed by Board of Directors in their meeting held on December 15, 2023 and by our Shareholders in an Extraordinary General Meeting held on December 19, 2023 and consequently the name of our Company was changed to `NewMalayalam Steel Limited' and a fresh certificate of incorporation dated February 1, 2024 was issued by the Registrar of Companies, Central Processing Centre.Major Events and Milestones:2017- Pursuant to an agreement to sell business undertaking dated August 7, 2017 executed between our Company and M/s. Demac Steel formerly known as Malayalam Steel Tubes, all the assets and liabilities of M/s. Demac Steel were taken over on a going concern basis.2018- Our Company installed an electric resistance welding tube mill of an installed capacity of 3,500 MT in our manufacturing unit.2019- Our Company installed an electric resistance welding tube mill of an installed capacity of 4,000 MT in our manufacturing unit.2022- Our Company installed a solar plant of an installed capacity of 489.77 kWp at Survey No. 262/3-29 in Poyya Village and Kodungallur Taluk; Building No.2/546 of Poyya Panchayath.

Our Company was incorporated on March 31, 2017 as `NewMalayalam Steel Private Limited', a private limited company under the Companies Act, 2013, pursuant to a certificate of incorporation issued by Deputy Registrar of Companies, Registrar of Companies, Central Registration Centre. Further, our Company was converted into a public limited company pursuant to a resolution passed by Board of Directors in their meeting held on December 15, 2023 and by our Shareholders in an Extraordinary General Meeting held on December 19, 2023 and consequently the name of our Company was changed to `NewMalayalam Steel Limited' and a fresh certificate of incorporation dated February 1, 2024 was issued by the Registrar of Companies, Central Processing Centre.Major Events and Milestones:2017- Pursuant to an agreement to sell business undertaking dated August 7, 2017 executed between our Company and M/s. Demac Steel formerly known as Malayalam Steel Tubes, all the assets and liabilities of M/s. Demac Steel were taken over on a going concern basis.2018- Our Company installed an electric resistance welding tube mill of an installed capacity of 3,500 MT in our manufacturing unit.2019- Our Company installed an electric resistance welding tube mill of an installed capacity of 4,000 MT in our manufacturing unit.2022- Our Company installed a solar plant of an installed capacity of 489.77 kWp at Survey No. 262/3-29 in Poyya Village and Kodungallur Taluk; Building No.2/546 of Poyya Panchayath.

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Parent Organisation

Newmalayalam Steel Ltd.

Founded

31/03/2017

Managing Director

Mr.Vazhappily Davis Varghese

NSE Symbol

NMSTEELST

FAQ

The current price of Newmalayalam Steel Ltd is

The 52-week high for Newmalayalam Steel Ltd is

The market capitalization of Newmalayalam Steel Ltd is currently This value can fluctuate based on stock price movements and changes in the number of shares outstanding.

To buy Newmalayalam Steel Ltd shares, you need to have a brokerage account. First, choose a reputable brokerage firm, open an account, and complete the necessary KYC procedures.

To invest in Newmalayalam Steel Ltd, you need a brokerage account. After opening an account and completing the KYC process, you can fund your account and use the trading platform to purchase Newmalayalam Steel Ltd shares.

The CEO of Newmalayalam Steel Ltd is Mr.Vazhappily Davis Varghese, who has been leading the company with a vision to expand its renewable energy portfolio and drive sustainable growth.

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