Steel Exchange India Limited (STEELXIND.BO)
Steel Exchange India Limited operates in the Steel industry of the Basic Materials sector, headquartered in Visakhapatnam, TS, IN. The stock last traded at $10.88, down 0.18% on the session, giving a market capitalisation of $14.00B. Its beta of 0.63 implies it has historically moved less than the broad market.
Steel Exchange India Limited specializes in the production and sale of steel goods across India. The company operates across three key divisions: Trading, Steel Ingot manufacturing, and an Integrated Steel Plant. Its manufacturing portfolio encompasses steel ingots (derived from sponge iron, scrap, or pig iron), TMT bars, steel billets, and various forms of sponge iron (lumps, fines, and briquettes). Beyond production, the company actively trades a diverse range of items, from finished and semi-finished steel products to raw materials such as coal, scrap, and sponge iron. Its TMT bars are marketed under the proprietary 'Simhadri TMT Bars' brand. Additionally, the company generates electricity by harnessing waste heat. Founded in Visakhapatnam, India, in 1999.
Steel Exchange India Limited is most often compared with the following Basic Materials names: