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KSL
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- 6M
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Summary
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Revenue Mix
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Recent events
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News
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Corporate Actions
Kalyani Steels Dec-Quarter Consol Net Profit 564.4 Mln Rupees
Feb 3 (Reuters) - Kalyani Steels Ltd KLSL.NS:
DEC-QUARTER CONSOL NET PROFIT 564.4 MILLION RUPEES
DEC-QUARTER CONSOL REVENUE FROM OPERATIONS 4.84 BILLION RUPEES
Source text: ID:nBSE1gb0vS
Further company coverage: KLSL.NS
(([email protected];;))
Feb 3 (Reuters) - Kalyani Steels Ltd KLSL.NS:
DEC-QUARTER CONSOL NET PROFIT 564.4 MILLION RUPEES
DEC-QUARTER CONSOL REVENUE FROM OPERATIONS 4.84 BILLION RUPEES
Source text: ID:nBSE1gb0vS
Further company coverage: KLSL.NS
(([email protected];;))
Kalyani Steels Sept-Qtr Consol Net Profit 673.8 Mln Rupees
Oct 28 (Reuters) - Kalyani Steels Ltd KLSL.NS:
SEPT-QUARTER CONSOL NET PROFIT 673.8 MILLION RUPEES
SEPT-QUARTER CONSOL REVENUE FROM OPERATIONS 4.92 BILLION RUPEES
Source text: ID:nBSEbMZYQ8
Further company coverage: KLSL.NS
(([email protected];;))
Oct 28 (Reuters) - Kalyani Steels Ltd KLSL.NS:
SEPT-QUARTER CONSOL NET PROFIT 673.8 MILLION RUPEES
SEPT-QUARTER CONSOL REVENUE FROM OPERATIONS 4.92 BILLION RUPEES
Source text: ID:nBSEbMZYQ8
Further company coverage: KLSL.NS
(([email protected];;))
Kalyani Steels June-Quarter PAT 515.7 Million Rupees
Aug 6 (Reuters) - Kalyani Steels Ltd KLSL.NS:
KALYANI STEELS LTD JUNE-QUARTER PAT 515.7 MILLION RUPEES
KALYANI STEELS LTD JUNE-QUARTER REVENUE FROM OPERATIONS 4.61 BILLION RUPEES
Source text for Eikon: ID:nBSELrkH8
Further company coverage: KLSL.NS
(([email protected];))
Aug 6 (Reuters) - Kalyani Steels Ltd KLSL.NS:
KALYANI STEELS LTD JUNE-QUARTER PAT 515.7 MILLION RUPEES
KALYANI STEELS LTD JUNE-QUARTER REVENUE FROM OPERATIONS 4.61 BILLION RUPEES
Source text for Eikon: ID:nBSELrkH8
Further company coverage: KLSL.NS
(([email protected];))
India's Kalyani Steel hits record high on MoU with Odisha govt
** Shares of Kalyani Steel KLSL.NS rise as much as 8.5% to record high of 889 rupees; last up 4.7%
** Iron and steel products maker signs MoU with government of Odisha, a state in eastern India
** Co to invest ~66.26 bln rupees ($799.5 mln) to set up advanced specialty steel and automotive components manufacturing complex
** KLSL to also invest 51.24 bln rupees to set up integrated titanium metal/alloy and aerospace & defense components manufacturing plant
** Stock set to rise for a fourth straight month
** KLSL has been above its 200-day SMA since May 2023, indicating bullish sentiment
** Trading vol is 2.1x the 30-day daily avg, tops 600,000 for the sixth time in 2024
** Stock rose 34% in 2023, gaining for five consecutive years
($1 = 82.8815 Indian rupees)
(Reporting by Anuran Sadhu in Bengaluru)
(([email protected] ;))
** Shares of Kalyani Steel KLSL.NS rise as much as 8.5% to record high of 889 rupees; last up 4.7%
** Iron and steel products maker signs MoU with government of Odisha, a state in eastern India
** Co to invest ~66.26 bln rupees ($799.5 mln) to set up advanced specialty steel and automotive components manufacturing complex
** KLSL to also invest 51.24 bln rupees to set up integrated titanium metal/alloy and aerospace & defense components manufacturing plant
** Stock set to rise for a fourth straight month
** KLSL has been above its 200-day SMA since May 2023, indicating bullish sentiment
** Trading vol is 2.1x the 30-day daily avg, tops 600,000 for the sixth time in 2024
** Stock rose 34% in 2023, gaining for five consecutive years
($1 = 82.8815 Indian rupees)
(Reporting by Anuran Sadhu in Bengaluru)
(([email protected] ;))
India's Odisha State Approves Projects With Investments Of Over 260 Billion Rupees By Kalyani Steel Ltd - Government Statement
Kalyani Steels Ltd KLSL.NS:
INDIA'S ODISHA STATE APPROVES PROJECTS WITH INVESTMENTS OF OVER 260 BILLION RUPEES BY KALYANI STEEL LTD - GOVERNMENT STATEMENT
Source text for Eikon: [ID:]
Further company coverage: KLSL.NS
Kalyani Steels Ltd KLSL.NS:
INDIA'S ODISHA STATE APPROVES PROJECTS WITH INVESTMENTS OF OVER 260 BILLION RUPEES BY KALYANI STEEL LTD - GOVERNMENT STATEMENT
Source text for Eikon: [ID:]
Further company coverage: KLSL.NS
India's Kalyani Steels hits record high after Q3 profit jump
** Shares of Kalyani Steels KLSL.NS rise as much as 4.9% to 676 rupees, hits record high
** Co's Q3 PAT jumped 67% while rev rose over 7%
** Stock on track to gain for the fourth straight session
** More than 505,000 shares changed hands by 1:22 p.m. IST, 1.5X 30-day avg
** KLSL has surged ~37% so far this year, after four annual gains
(Reporting by Hritam Mukherjee in Bengaluru)
(([email protected];))
** Shares of Kalyani Steels KLSL.NS rise as much as 4.9% to 676 rupees, hits record high
** Co's Q3 PAT jumped 67% while rev rose over 7%
** Stock on track to gain for the fourth straight session
** More than 505,000 shares changed hands by 1:22 p.m. IST, 1.5X 30-day avg
** KLSL has surged ~37% so far this year, after four annual gains
(Reporting by Hritam Mukherjee in Bengaluru)
(([email protected];))
Kalyani Steels Says CFO Maheshwari Has Withdrawn His Resignation
Jan 30 (Reuters) - Kalyani Steels Ltd KLSL.NS:
CFO MAHESHWARI HAS WITHDRAWN HIS RESIGNATION
Source text for Eikon: ID:nBSEbGcFyn
Further company coverage: KLSL.NS
(([email protected];))
Jan 30 (Reuters) - Kalyani Steels Ltd KLSL.NS:
CFO MAHESHWARI HAS WITHDRAWN HIS RESIGNATION
Source text for Eikon: ID:nBSEbGcFyn
Further company coverage: KLSL.NS
(([email protected];))
India's Kalyani Steels hits record high
** Shares of Kalyani Steels KLSL.NS rise as much as 11.4% to a record high of 579 rupees
** Iron and steel products maker says it has been declared a successful bidder to buy assets of Kamineni Steel & Power India for 4.5 bln rupees ($54.20 mln)
** Stock on track to gain for third straight day and week
** KLSL trading above its 200-day simple moving avg since May 26, 2023
** More than 435,000 shares traded as of 9:45 a.m. IST, busiest trading day so far this week
** KLSL last up 8.9%; stock gained ~34% in 2023, its fifth straight year of gains
($1 = 83.0200 Indian rupees)
(Reporting by Meenakshi Maidas in Bengaluru)
(([email protected];))
** Shares of Kalyani Steels KLSL.NS rise as much as 11.4% to a record high of 579 rupees
** Iron and steel products maker says it has been declared a successful bidder to buy assets of Kamineni Steel & Power India for 4.5 bln rupees ($54.20 mln)
** Stock on track to gain for third straight day and week
** KLSL trading above its 200-day simple moving avg since May 26, 2023
** More than 435,000 shares traded as of 9:45 a.m. IST, busiest trading day so far this week
** KLSL last up 8.9%; stock gained ~34% in 2023, its fifth straight year of gains
($1 = 83.0200 Indian rupees)
(Reporting by Meenakshi Maidas in Bengaluru)
(([email protected];))
Kalyani Steels Says Bal Mukand Maheshwari Resigns As CFO
Dec 21 (Reuters) - Kalyani Steels Ltd KLSL.NS:
BAL MUKAND MAHESHWARI RESIGNS AS CHIEF FINANCIAL OFFICER
Source text for Eikon: ID:nBSE1GjB21
Further company coverage: KLSL.NS
(([email protected];))
Dec 21 (Reuters) - Kalyani Steels Ltd KLSL.NS:
BAL MUKAND MAHESHWARI RESIGNS AS CHIEF FINANCIAL OFFICER
Source text for Eikon: ID:nBSE1GjB21
Further company coverage: KLSL.NS
(([email protected];))
India's Kalyani Steels Sept-Quarter PAT Rises
Oct 30 (Reuters) - Kalyani Steels Ltd KLSL.NS:
SEPT-QUARTER PAT 583.2 MILLION RUPEES VERSUS 346.2 MILLION RUPEES
SEPT-QUARTER REVENUE FROM OPERATIONS 4.8 BILLION RUPEES VERSUS 5 BILLION RUPEES
Source text for Eikon: ID:nBSE5yTQ4p
Further company coverage: KLSL.NS
(([email protected];))
Oct 30 (Reuters) - Kalyani Steels Ltd KLSL.NS:
SEPT-QUARTER PAT 583.2 MILLION RUPEES VERSUS 346.2 MILLION RUPEES
SEPT-QUARTER REVENUE FROM OPERATIONS 4.8 BILLION RUPEES VERSUS 5 BILLION RUPEES
Source text for Eikon: ID:nBSE5yTQ4p
Further company coverage: KLSL.NS
(([email protected];))
India's Kalyani Steels hits near-2-yr high on Q1 profit surge
** Shares of Kalyani Steels KLSL.NS rise as much as 7.1% to 407.6 rupees, highest since Oct. 19, 2021
** Stock logs highest intraday pct climb since Jan. 2
** Co reported 2.6X surge in June-qtr profit after tax while revenue from operations rose nearly 1%
** Total expenses dropped 9.8% on a 21.6% fall in raw material costs
** Nearly 527,000 shares change hands as of 1:04 p.m. IST, 8.2X the 30-day moving average
** Stock up 5.2% this year as of last close
($1 = 81.8814 Indian rupees)
(Reporting by Varun Vyas in Bengaluru)
** Shares of Kalyani Steels KLSL.NS rise as much as 7.1% to 407.6 rupees, highest since Oct. 19, 2021
** Stock logs highest intraday pct climb since Jan. 2
** Co reported 2.6X surge in June-qtr profit after tax while revenue from operations rose nearly 1%
** Total expenses dropped 9.8% on a 21.6% fall in raw material costs
** Nearly 527,000 shares change hands as of 1:04 p.m. IST, 8.2X the 30-day moving average
** Stock up 5.2% this year as of last close
($1 = 81.8814 Indian rupees)
(Reporting by Varun Vyas in Bengaluru)
Kalyani Steels Says Second Boiler Commissioned Now, Steam Admitted To Turbine In Captive Power Plant
June 30 (Reuters) - Kalyani Steels Ltd KLSL.NS:
SECOND BOILER COMMISSIONED NOW, STEAM ADMITTED TO TURBINE IN CAPTIVE POWER PLANT NEXT TO STEEL PLANT IN KARNATAKA
COMMISSIONING OF POWER PLANT IS NOW COMPLETE
Source text for Eikon: ID:nBSE7P2LlF
Further company coverage: KLSL.NS
(([email protected];))
June 30 (Reuters) - Kalyani Steels Ltd KLSL.NS:
SECOND BOILER COMMISSIONED NOW, STEAM ADMITTED TO TURBINE IN CAPTIVE POWER PLANT NEXT TO STEEL PLANT IN KARNATAKA
COMMISSIONING OF POWER PLANT IS NOW COMPLETE
Source text for Eikon: ID:nBSE7P2LlF
Further company coverage: KLSL.NS
(([email protected];))
Kalyani Steels March-Quarter PAT Rises
April 28 (Reuters) - Kalyani Steels Ltd KLSL.NS:
KALYANI STEELS LTD - DIVIDEND OF 10 RUPEES PER SHARE
INDIA'S KALYANI STEELS MARCH-QUARTER PAT 697 MILLION RUPEES VERSUS PROFIT 684 MILLION RUPEES
KALYANI STEELS LTD MARCH-QUARTER REVENUE FROM OPERATIONS 4.6 BILLION RUPEES VERSUS 4.49 BILLION RUPEES
Source text for Eikon: ID:nBSE2k3xT6
Further company coverage: KLSL.NS
(([email protected];))
April 28 (Reuters) - Kalyani Steels Ltd KLSL.NS:
KALYANI STEELS LTD - DIVIDEND OF 10 RUPEES PER SHARE
INDIA'S KALYANI STEELS MARCH-QUARTER PAT 697 MILLION RUPEES VERSUS PROFIT 684 MILLION RUPEES
KALYANI STEELS LTD MARCH-QUARTER REVENUE FROM OPERATIONS 4.6 BILLION RUPEES VERSUS 4.49 BILLION RUPEES
Source text for Eikon: ID:nBSE2k3xT6
Further company coverage: KLSL.NS
(([email protected];))
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Popular questions
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What does Kalyani Steels do?
Kalyani Steels, a part of Kalyani Group, is a leading manufacturer of carbon and alloy steels. Established in 1973, the company serves various industries including engineering, automotive, seamless tubes, and aluminum.
Who are the competitors of Kalyani Steels?
Kalyani Steels major competitors are Sunflag Iron & Steel, Welspun Special.Soln, Vardhman Special, Rhetan TMT, MSP Steel & Power, Mukand, Electrotherm India. Market Cap of Kalyani Steels is ₹3,318 Crs. While the median market cap of its peers are ₹1,545 Crs.
Is Kalyani Steels financially stable compared to its competitors?
Kalyani Steels seems to be financially stable compared to its competitors. The probability of it going bankrupt or facing a financial crunch seem to be lower than its immediate competitors.
Does Kalyani Steels pay decent dividends?
The company seems to be paying a very low dividend. Investors need to see where the company is allocating its profits. Kalyani Steels latest dividend payout ratio is 17.55% and 3yr average dividend payout ratio is 20.55%
How has Kalyani Steels allocated its funds?
Companies resources are allocated to majorly productive assets like Plant & Machinery and unproductive assets like Capital Work in Progress
How strong is Kalyani Steels balance sheet?
Balance sheet of Kalyani Steels is strong. It shouldn't have solvency or liquidity issues.
Is the profitablity of Kalyani Steels improving?
Yes, profit is increasing. The profit of Kalyani Steels is ₹250 Crs for TTM, ₹249 Crs for Mar 2024 and ₹167 Crs for Mar 2023.
Is the debt of Kalyani Steels increasing or decreasing?
Yes, The debt of Kalyani Steels is increasing. Latest debt of Kalyani Steels is -₹77.29 Crs as of Sep-24. This is greater than Mar-24 when it was -₹503.82 Crs.
Is Kalyani Steels stock expensive?
Yes, Kalyani Steels is expensive. Latest PE of Kalyani Steels is 13.34, while 3 year average PE is 9.35. Also latest EV/EBITDA of Kalyani Steels is 9.29 while 3yr average is 5.51.
Has the share price of Kalyani Steels grown faster than its competition?
Kalyani Steels has given better returns compared to its competitors. Kalyani Steels has grown at ~54.58% over the last 2yrs while peers have grown at a median rate of 33.04%
Is the promoter bullish about Kalyani Steels?
Promoters stake in the company seems stable, and we need to go through filings and allocation of resources to gauge promoter bullishness. Latest quarter promoter holding in Kalyani Steels is 64.7% and last quarter promoter holding is 64.7%.
Are mutual funds buying/selling Kalyani Steels?
The mutual fund holding of Kalyani Steels is decreasing. The current mutual fund holding in Kalyani Steels is 10.48% while previous quarter holding is 10.82%.