Scan Steels Ltd () News & Corporate Actions | Announcements, Board Meetings, Splits, Bonuses, Rights Issues

{
  "main_header": {
    "sid": 150700,
    "name": "Scan Steels",
    "stock_name": "Scan Steels",
    "full_name": "Scan Steels Ltd",
    "name_url": "stocks-analysis/scan-steels",
    "exchange": 0,
    "exchangecode": "",
    "country_id": 34,
    "currency": "INR",
    "cmp": "31.07",
    "chg": 0.89,
    "chgp": "2.95%",
    "dir": 1,
    "prev_price": "30.18",
    "mcapval": "184.00 Cr",
    "mcap": "Micro Cap",
    "scripcode": 511672,
    "symbol": "",
    "ind_name": "Ferrous Metals",
    "ind_code": 23,
    "indexname": "",
    "isin": "INE099G01011",
    "curr_date": "Feb 03",
    "curr_time": "",
    "bse_nse_vol": "11.68 k",
    "exc_status": "Active",
    "traded_date": "Feb 03, 2026",
    "traded_date_str": "2026 02 03",
    "score": "",
    "scoreText": "",
    "Live": 0,
    "market_time": 0,
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    "is_blur_url": "https://uat-researchintel.adityabirlamoney.com/ABML-Landingstocks-analysis/scan-steels-150700-0&utm_source=Spage_Header_Score",
    "mojoone": {
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  "news": {
    "results": [
      {
        "title": "Why is Scan Steels falling/rising?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/why-is-scan-steels-fallingrising-3726471",
        "imagepath": "",
        "date": "2025-11-25 00:12:27",
        "description": "    <div class=\"article-news-new\">\n        <div class=\"article-container\">\n\n<div class=\"article-content\">\n\n<p><strong>Extended Downtrend and Underperformance Against Benchmarks</strong></p>\n<p>Scan Steels has been grappling with a significant downtrend over recent months. Over the past week, the stock has declined by 9.58%, sharply contrasting with the near-flat performance of the Sensex, which edged down by just 0.06% in the same period. The divergence becomes even more pronounced over longer horizons. In the last month, Scan Steels plummeted 23.55%, while the Sensex gained 0.82%. Year-to-date, the stock is down 28.34%, whereas the Sensex has appreciated by 8.65%. Even over the last year, Scan Steels has lost 24.53%, while the benchmark index rose 7.31%. These figures underscore the stock’s persistent weakness amid a generally positive market environment.</p>\n<p>While the five-year returns for Scan Steels ..."
      },
      {
        "title": "Is Scan Steels overvalued or undervalued?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/is-scan-steels-overvalued-or-undervalued-3716696",
        "imagepath": "",
        "date": "2025-11-20 08:05:03",
        "description": "As of 19 November 2025, Scan Steels has moved from a very attractive to an attractive valuation grade. The company appears to be undervalued, with a PE ratio of 11.27, a Price to Book Value of 0.48, and an EV to EBITDA of 7.00. These ratios suggest that the stock is trading at a significant discount compared to its peers, particularly when considering JSW Steel, which has a PE ratio of 46.65, and Tata Steel, with a PE ratio of 29.03.\n\nIn comparison to its peers, Scan Steels' valuation metrics indicate a strong relative position, especially with an EV to Sales ratio of 0.39, which is considerably lower than many competitors. The company has also shown a return on capital employed (ROCE) of 5.29% and a return on equity (ROE) of 4.29%, which, while modest, reflect potential for improvement. Despite recent underperformance against the Sensex, with a year-to-date return of -23.53% compared to the Sensex's 9.02%,..."
      },
      {
        "title": "Scan Steels: An In-Depth Look at Recent Changes in Business Fundamentals",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/scan-steels-downgraded-to-strong-sell-as-quality-parameters-deteriorate-3716678",
        "imagepath": "https://i.marketsmojo.com/newsimg/2025/11/ScanSteels_qualitydot_3716678.png",
        "date": "2025-11-20 08:00:06",
        "description": "Scan Steels, a player in the ferrous metals sector, has undergone a revision in its evaluation metrics reflecting shifts in key business fundamentals such as return on equity, return on capital employed, debt levels, and operational consistency. This article analyses these changes in the context of the company’s recent performance and broader market trends."
      },
      {
        "title": "How has been the historical performance of Scan Steels?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/how-has-been-the-historical-performance-of-scan-steels-3716129",
        "imagepath": "",
        "date": "2025-11-19 22:39:32",
        "description": "Answer:\nThe historical performance of Scan Steels shows a declining trend in net sales over the past three years, with figures of 1,090.78 Cr in Mar'23, 965.41 Cr in Mar'24, and further decreasing to 789.20 Cr in Mar'25. Despite this decline in sales, the company has managed to improve its profit before tax, which rose from 22.00 Cr in Mar'23 to 24.16 Cr in Mar'24, and then to 26.08 Cr in Mar'25. Profit after tax also increased from 15.32 Cr in Mar'23 to 19.60 Cr in Mar'25, indicating a positive trend in profitability. The operating profit margin (excluding other income) improved from 4.46% in Mar'23 to 5.75% in Mar'25, reflecting better cost management. However, total liabilities decreased from 608.30 Cr in Mar'24 to 579.22 Cr in Mar'25, while total assets also saw a slight decline from 608.30 Cr to 579.22 Cr in the same period. The company's cash flow from operating activities has decreased significantly ..."
      },
      {
        "title": "Scan Steels Investment Evaluation Sees Notable Adjustment Amid Mixed Financial and Technical Signals",
        "link": "https://www.marketsmojo.com/news/stock-recommendation/scan-steels-downgraded-to-sell-by-marketsmojo-amid-weak-financials-and-technicals-3714169",
        "imagepath": "https://i.marketsmojo.com/newsimg/2025/11/ScanSteels_mojoScore_3714169.png",
        "date": "2025-11-19 08:00:49",
        "description": "Scan Steels, a key player in the ferrous metals sector, has undergone a revision in its investment evaluation following a detailed analysis of its quality, valuation, financial trends, and technical indicators. This adjustment reflects a nuanced view of the company’s recent performance and market positioning, highlighting both challenges and areas of relative strength."
      },
      {
        "title": "How has been the historical performance of Scan Steels?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/how-has-been-the-historical-performance-of-scan-steels-3713094",
        "imagepath": "",
        "date": "2025-11-18 22:54:59",
        "description": "Answer:\nThe historical performance of Scan Steels shows a declining trend in net sales and total operating income over the past three years, with figures of 1,090.78 Cr in Mar'23, 965.41 Cr in Mar'24, and 789.20 Cr in Mar'25. The company has also seen a significant reduction in raw material costs, which decreased from 794.20 Cr in Mar'23 to 497.28 Cr in Mar'25. Despite the drop in sales, the operating profit margin (excluding other income) improved from 4.46% in Mar'23 to 5.75% in Mar'25, indicating better cost management. Profit before tax increased from 22.00 Cr in Mar'23 to 26.08 Cr in Mar'25, and profit after tax rose from 15.32 Cr in Mar'23 to 19.60 Cr in Mar'25. The earnings per share (EPS) also improved from 2.93 in Mar'23 to 3.69 in Mar'25. On the balance sheet, total liabilities decreased from 608.30 Cr in Mar'24 to 579.22 Cr in Mar'25, while total assets also saw a decline from 608.30 Cr to 579.22..."
      },
      {
        "title": "Why is Scan Steels falling/rising?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/why-is-scan-steels-fallingrising-3676513",
        "imagepath": "",
        "date": "2025-11-06 21:11:24",
        "description": "As of 06-Nov, Scan Steels Ltd is experiencing a decline in its stock price, currently at Rs 38.39, which reflects a decrease of Rs 1.19 or 3.01%. The stock has been underperforming, having fallen consecutively for the last three days, resulting in a total decline of 12.59% during this period. Today's trading saw the stock reach an intraday low of Rs 36.01, indicating significant volatility with an intraday fluctuation of 5.54%. Additionally, the stock's delivery volume has decreased by 60.26% compared to the five-day average, suggesting a drop in investor participation. Over the past week, the stock has underperformed the sector by 1.5%, and its year-to-date return stands at a negative 17.88%.\n\nIn the broader market context, the Sensex has shown a relatively stable performance, gaining 6.62% year-to-date, while Scan Steels has significantly lagged behind with its negative returns. Over the past week, the st..."
      }
    ],
    "total": 100,
    "sid": "150700",
    "stock_news_url": "https://uat-researchintel.adityabirlamoney.com/news/scan-steels-150700"
  },
  "announcements": [
    {
      "caption": "Board Meeting Intimation for The Meeting Of The Board Of Directors Of The Company Will Be Held On Thursday February 05 2026 At Trishna Nirmalaya Bhawan Plot No. - 516/1723/3991 3Rd Floor Magnetics Square Patia Bhubaneswar - 751024 (Odisha) At 4.00 P.M.",
      "datetime": "02-Feb-2026",
      "details": "Scan Steels Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 05/02/2026 inter alia to consider and approve 1. Consider approve and take on record the Un-audited Standalone and Consolidated Financial Results of the company for the Third Quarter (Q3) and Nine Months ended on December 31 2025 as per Regulation 33 of the Listing Regulations along with Limited Review Report; 2. Discuss any other business matter if required with the permission of Chair. Further in continuation to our earlier intimation dated December 26 2025 regarding closure of trading window we wish to inform you that the window for trading in securities of the company shall remain closed for all the designated persons and their immediate relatives till 48 hours after the declaration of Un-audited Financial Results of the company. Please acknowledge and take on record the same.",
      "source": "BSE"
    },
    {
      "caption": "Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018",
      "datetime": "13-Jan-2026",
      "details": "Certificate U/R 74(5) of SEBI (DP) Regulations 2018 for the Quarter ended December 31 2025.",
      "source": "BSE"
    },
    {
      "caption": "Closure of Trading Window",
      "datetime": "26-Dec-2025",
      "details": "Closure of Trading Window for the Quarter ending on December 31 2025.",
      "source": "BSE"
    }
  ],
  "corporate_actions": [
    {
      "img": "board-meeting.svg",
      "title": "BOARD MEETING",
      "msg": "<span>No</span> Upcoming Board Meetings",
      "data": []
    },
    {
      "img": "dividend.svg",
      "title": "DIVIDEND",
      "msg": "No <strong>Dividend</strong> history available",
      "data": []
    },
    {
      "img": "splits.svg",
      "title": "SPLITS",
      "msg": "No <strong>Splits</strong> history available",
      "data": []
    },
    {
      "img": "bonus.svg",
      "title": "BONUS",
      "msg": "No <strong>Bonus</strong> history available",
      "data": []
    },
    {
      "img": "rights-issues.svg",
      "title": "RIGHTS",
      "msg": "No <strong>Rights</strong> history available",
      "data": []
    }
  ]
}

News and Views

Why is Scan Steels falling/rising?

2025-11-25 00:12:27

Extended Downtrend and Underperformance Against Benchmarks Scan Steels has been grappling with a significant downtrend over recent months. Over the past week, the stock has declined by 9.58%, sharply contrasting with the near-flat performance of the Sensex, which edged down by just 0.06% in the same period. The divergence becomes even more pronounced over longer horizons. In the last month, Scan Steels plummeted 23.55%, while the Sensex gained 0.82%. Year-to-date, the stock is down 28.34%, whereas the Sensex has appreciated by 8.65%. Even over the last year, Scan Steels has lost 24.53%, while the benchmark index rose 7.31%. These figures underscore the stock’s persistent weakness amid a generally positive market environment. While the five-year returns for Scan Steels ...

Is Scan Steels overvalued or undervalued?

2025-11-20 08:05:03

As of 19 November 2025, Scan Steels has moved from a very attractive to an attractive valuation grade. The company appears to be undervalued, with a PE ratio of 11.27, a Price to Book Value of 0.48, and an EV to EBITDA of 7.00. These ratios suggest that the stock is trading at a significant discount compared to its peers, particularly when considering JSW Steel, which has a PE ratio of 46.65, and Tata Steel, with a PE ratio of 29.03. In comparison to its peers, Scan Steels' valuation metrics indicate a strong relative position, especially with an EV to Sales ratio of 0.39, which is considerably lower than many competitors. The company has also shown a return on capital employed (ROCE) of 5.29% and a return on equity (ROE) of 4.29%, which, while modest, reflect potential for improvement. Despite recent underperformance against the Sensex, with a year-to-date return of -23.53% compared to the Sensex's 9.02%,...

Scan Steels: An In-Depth Look at Recent Changes in Business Fundamentals

2025-11-20 08:00:06

Scan Steels, a player in the ferrous metals sector, has undergone a revision in its evaluation metrics reflecting shifts in key business fundamentals such as return on equity, return on capital employed, debt levels, and operational consistency. This article analyses these changes in the context of the company’s recent performance and broader market trends.

How has been the historical performance of Scan Steels?

2025-11-19 22:39:32

Answer: The historical performance of Scan Steels shows a declining trend in net sales over the past three years, with figures of 1,090.78 Cr in Mar'23, 965.41 Cr in Mar'24, and further decreasing to 789.20 Cr in Mar'25. Despite this decline in sales, the company has managed to improve its profit before tax, which rose from 22.00 Cr in Mar'23 to 24.16 Cr in Mar'24, and then to 26.08 Cr in Mar'25. Profit after tax also increased from 15.32 Cr in Mar'23 to 19.60 Cr in Mar'25, indicating a positive trend in profitability. The operating profit margin (excluding other income) improved from 4.46% in Mar'23 to 5.75% in Mar'25, reflecting better cost management. However, total liabilities decreased from 608.30 Cr in Mar'24 to 579.22 Cr in Mar'25, while total assets also saw a slight decline from 608.30 Cr to 579.22 Cr in the same period. The company's cash flow from operating activities has decreased significantly ...

Scan Steels Investment Evaluation Sees Notable Adjustment Amid Mixed Financial and Technical Signals

2025-11-19 08:00:49

Scan Steels, a key player in the ferrous metals sector, has undergone a revision in its investment evaluation following a detailed analysis of its quality, valuation, financial trends, and technical indicators. This adjustment reflects a nuanced view of the company’s recent performance and market positioning, highlighting both challenges and areas of relative strength.

How has been the historical performance of Scan Steels?

2025-11-18 22:54:59

Answer: The historical performance of Scan Steels shows a declining trend in net sales and total operating income over the past three years, with figures of 1,090.78 Cr in Mar'23, 965.41 Cr in Mar'24, and 789.20 Cr in Mar'25. The company has also seen a significant reduction in raw material costs, which decreased from 794.20 Cr in Mar'23 to 497.28 Cr in Mar'25. Despite the drop in sales, the operating profit margin (excluding other income) improved from 4.46% in Mar'23 to 5.75% in Mar'25, indicating better cost management. Profit before tax increased from 22.00 Cr in Mar'23 to 26.08 Cr in Mar'25, and profit after tax rose from 15.32 Cr in Mar'23 to 19.60 Cr in Mar'25. The earnings per share (EPS) also improved from 2.93 in Mar'23 to 3.69 in Mar'25. On the balance sheet, total liabilities decreased from 608.30 Cr in Mar'24 to 579.22 Cr in Mar'25, while total assets also saw a decline from 608.30 Cr to 579.22...

Why is Scan Steels falling/rising?

2025-11-06 21:11:24

As of 06-Nov, Scan Steels Ltd is experiencing a decline in its stock price, currently at Rs 38.39, which reflects a decrease of Rs 1.19 or 3.01%. The stock has been underperforming, having fallen consecutively for the last three days, resulting in a total decline of 12.59% during this period. Today's trading saw the stock reach an intraday low of Rs 36.01, indicating significant volatility with an intraday fluctuation of 5.54%. Additionally, the stock's delivery volume has decreased by 60.26% compared to the five-day average, suggesting a drop in investor participation. Over the past week, the stock has underperformed the sector by 1.5%, and its year-to-date return stands at a negative 17.88%. In the broader market context, the Sensex has shown a relatively stable performance, gaining 6.62% year-to-date, while Scan Steels has significantly lagged behind with its negative returns. Over the past week, the st...

View All News

Announcement

Board Meeting Intimation for The Meeting Of The Board Of Directors Of The Company Will Be Held On Thursday February 05 2026 At Trishna Nirmalaya Bhawan Plot No. - 516/1723/3991 3Rd Floor Magnetics Square Patia Bhubaneswar - 751024 (Odisha) At 4.00 P.M.

02-Feb-2026 | Source : BSE

Scan Steels Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 05/02/2026 inter alia to consider and approve 1. Consider approve and take on record the Un-audited Standalone and Consolidated Financial Results of the company for the Third Quarter (Q3) and Nine Months ended on December 31 2025 as per Regulation 33 of the Listing Regulations along with Limited Review Report; 2. Discuss any other business matter if required with the permission of Chair. Further in continuation to our earlier intimation dated December 26 2025 regarding closure of trading window we wish to inform you that the window for trading in securities of the company shall remain closed for all the designated persons and their immediate relatives till 48 hours after the declaration of Un-audited Financial Results of the company. Please acknowledge and take on record the same.

Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018

13-Jan-2026 | Source : BSE

Certificate U/R 74(5) of SEBI (DP) Regulations 2018 for the Quarter ended December 31 2025.

Closure of Trading Window

26-Dec-2025 | Source : BSE

Closure of Trading Window for the Quarter ending on December 31 2025.

Corporate Actions

BOARD MEETING

No Upcoming Board Meetings

DIVIDEND

No Dividend history available

SPLITS

No Splits history available

BONUS

No Bonus history available

RIGHTS

No Rights history available

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