MSP Steel & Power Ltd

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NSEBSE

32.151.20 (3.88%)

12:00 AM,2nd Mar 2024

32.270.63 (1.99%)

12:00 AM,2nd Mar 2024

BSE : 532650

NSE : MSPL

Sector : Metals & Mining

ISIN Code : INE752G01015

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Last Updated: Mar 02 2024 | 12:00 AM IST

Market Cap (₹ Cr)

1239

Turnover (₹ Cr)

0.10

Volume (Shares)

296477

Face Value

10

52-WK High

33.40

52-WK High Date

31 Jan 2024

52-WK Low

7.45

52-WK Low Date

29 Mar 2023

All Time High

89.45

All Time High Date

04 Jan 2008

All Time Low

3.50

All Time Low Date

24 Mar 2020

MSP Steel & Power Ltd

MSP Steel & Power Ltd a part of the MSP group is a Kolkata-based steel manufacturer. The company is engaged in the production of iron and steel. The company has a diversified portfolio including sponge iron steel power generation rolling mills and ferro alloys. They market their TMT bars under the brand name of MSP Gold Theremax TMT. They are having their manufacturing unit at Raigarh in Chattisgarh.MSP Steel & Power Ltd was incorporated on November 18 1968 as Adhunik Rollers Private Limited. The name of the company was changed to MSP Steel & Power Pvt Ltd on March 7 2003. The company subsequently became a public company under the name of MSP Steel & Power Ltd with effect from September 9 2003. During the year 2005-06 the company started commercial production of their second 300 TPD Sponge Iron Kiln Induction furnace and 16MW Power Plant in the Raigarh Project. In April 2006 rolling division mill started commercial production. In June 2006 the company came out with the public issue of Rs 16 crore and in July 2006 the company shares got listed in Bombay Stock Exchange and National Stock Exchange.During the year 2006-07 the company started commercial production of their Coal Washery MS Billets and additional 8 MW Power Plant. They also started operations of their private railway siding. During the year The Ministry of Coal Government of India granted allocation of Coal Block of Madanpur (South) jointly with four other companies which will work through a joint venture company named Madanpur South Coal Company Ltd.In May 4 2007 the company signed a memorandum of understanding (MoU) with the government of Chhattisgarh for their expansion programme in the state of Chhattisgarh with proposed investment of Rs 8500 million.During the year 2007-08 the company entered into an MoU with Madhya Pradesh State Government to setup two million tonnes cement plant. In December 2008 the pellet plant having the production capacity of 300000 MTPA was commissioned on trial basis and in March 2009 they started commercial operations.During the year some of the company's expansion projects are under progress which include Structural Rolling mill having capacity of 128000 MTPA 132 KVA Line Raw material handling system 350 MTPA Sponge Iron Plant 18 MW Power Plant 383625 MTPA Coal Washery and 30 MW Power Plant.Captive Coal Block of Madanpur South Coal Company Ltd which was allotted to the company by Government of Chattisgarh is progressing as scheduled and will be commissioned during the year 2010-11.Structural Rolling Mill having capacity of 128000 MTPA was commissioned in the year 2009-2010 in Raigarh to manufacture steel angles joists and channels. During the year 2010-11 the Company commissioned two new projects; 18 MW power plant and 115500 MTPA sponge iron plant in January 2011; commissioned 383625 MTPA of coal washery at Jamgaon Raigarh in 2011-12. The company started its backward integration with capacity of 9 lacs MTPA of Beneficiation Plant 6 lacs MTPA of Pellet Plant 34 MW of Power Plant and 117952 MTPA of Billet Plant. Pellet Beneficiation and Power Plant has started trial production.During 2013-14 the Company commissioned new project which includes setting up of one new Induction Furnace Brick Making Plant Expansion of Rolling and Structural Rolling Mill Setting up of hot billet charging system in Rolling & Structural Rolling Mill and some other modifications.A major part of the Infra project of Rupees Seventy Eight Crores Seventy Six Lacs was completed and out of it thirty four crores and seventy lacs has already been capitalized during 2014-15.

MSP Steel & Power Ltd - Key Fundamentals

PARAMETER VALUES
Market Cap (₹ Cr)

1239

EPS - TTM (₹) [S]

0.53

P/E Ratio (X) [S]

2.19

Face Value (₹) 10
Latest Dividend (%)2.50
Latest Dividend Date 14 Sep 2012
Dividend Yield (%) -
Book Value Share (₹) [S]14.71
P/B Ratio (₹) [S]2.19
[*C] Consolidated [*S] Standalone

Funds Owing this Stock

Scheme Name Amount Invested ( ₹ Cr ) No Of Shares Net Asset (%)

Research Reports

Date BrokerActionPrices(Rs)Report
Data Not Found

Stock Strength

Today's Low/High

32.15

32.15

Week Low/High

30.50

33.00

Month Low/High

28.25

33.00

Year Low/High

7.45

33.00

All time Low/High

3.66

89.00

Share Price Returns

Period BSENSE SENSEXNIFTY
1 Week4.35%3.71%0.910.75%
1 Month2.68%2.72%2.392.40%
3 Month43.46%42.89%9.3710.41%
6 Month170.17%167.92%12.8815.14%
1 Year262.05%261.24%25.2929.19%
3 Year325.26%325.83%46.7450.00%

Company Info

Company Information

Chairman(Non Exe)&Dir(Non-Ind) : Suresh Kumar Agarwal

Executive Director & MD : Saket Agrawal

Non-Exec & Non-Independent Dir : Manish Agrawal

Independent Non Exe. Director : Navneet Jagatramka

Independent Non Exe. Director : Ashok Soin

Independent Non Exe. Director : Suneeta Mohanty

Independent Non Exe. Director : Kapil Deo Pandey

Independent Non Exe. Director : Prateek Bansal

Non-Exec & Non-Independent Dir : Puranmal Agrawal

Registered Office: 16/s Block-A New Alipore, ,Kolkata,West Bengal-700053 Ph:

Email:contactus@mspsteel.com

URL:http://www.mspsteel.com