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STEELCAS · Materials · 2026-08-21

Steelcast Ltd

8.3★★★ PrimeSolid +2.0Stage 2 · wk 22In scan: Prop Scan · Pullback HunterMARKET: BULL RISING · 2026-08-21
₹356.1
-0.74% today
₹3,603 Cr · Small cap
About this companyMaterials· Iron & Steel
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Steelcast Limited manufactures and sells steel and alloy castings in India. The company offers adapter and tooth point, front axle spindle, axle housing, component for backhoe loader, track shoe, cross member, tilt lever, spindle, sprocket, steering case, lift arm, drive tube, saddle, and support; apron pan assembly, cutting edge, idler, rack and pinion, fork type corner tooth, box type tooth point, tooth point and adapter, countinuos drag chain, deck panel, jaw plate, bowl liner, cutter, track shoe assembly, hammer, ring hammer, linkage, bearing support, tri power hub, track link, and bowl and mantle; and side frame, coupler body, and bolster. It also provides grate bar; blow bar, cooler grate plate, zet ring, drag chain link, hammer, chamber shell liner, diaphragm plate, cement mill liner, inside view of cement mill, and cooler plate and segmental tip, as well as grinding segment, roller, tyre, and table segment; and guide vane, hollow ball, plain and toothed ring hammer, turbine body casing, and grinding roller. In addition, the company offers valve body, bonnet, yoke, wedge, and pump-body casing and impeller, and wedge; pressure plate, support coil, bearing housing, cylinder head, and commercial chamber; centre wheel; body casing equipment; anchor and shank assembly, and segment feede; and car shredding hammer, gate valve, deflector, fifth wheel, impeller, plastic injection mold plate, steel back tyre, and suction guide. It serves its products for earth moving, mining and mineral processing, railway, steel plants, cement, energy, valves and pumps, electro locomotive, aerobridge, oil exploration, shipping, and general engineering industries. It also exports its products in Germany, the United States, Thailand, Singapore, Mexico, Brazil, Denmark, Slovakia, Poland, South Korea, Japan, China, Australia, Israel, and Canada. The company was founded in 1960 and is headquartered in Bhavnagar, India.

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P/E (TTM)
32.1
Forward —
Earnings Growth (YoY)
+7.0%
Revenue -4.3%
Dividend Yield
0.59%
P/B 8.1
vs 52W High
-0.7%
₹182 lo₹358.7 hi
Near 52W high
How far this stock is from its 52-week high. A pullback of 3–20% while Stage 2 structure holds is typically a better entry than chasing near the high.
Stage Maturity
Week 22
1w13w26w
Week 22 — proven structure, sweet spot
How long this stock has been in Stage 2. The sweet spot is typically 13–26 weeks — enough time to prove the structure holds, not so long it's extended. Very fresh (wk 1–4) often needs more time to confirm.
vs 200 DMA
38.4%
200 DMA: ₹257.2 · rising
Long-term trend anchor. When stock and Nifty are both above their 200 DMA, the macro backdrop supports continuation.
Rel Volume
0.18x
vs 50-day avg
Low vol (0.5–1x) on pullbacks = resting, not being sold. High vol on breakouts = commitment. Volume spike on down days is a warning sign.
Trend Health
MA20 trending up · +6.7% vs MA50 +6.9%
Two-layer momentum read: the glyph shows whether the 20-day MA is rising (↑/↗), flat (→), or rolling over (↓). The ⇈ flag fires when the 20-day MA is pulling away from the 50-day MA — short-term momentum building on top of the longer trend. Best when both glyphs agree.
Sector
Materials
↑ Building
Stage 2%
39.3%
20d Δ
+8.0pp
1M return
+2.7%
3M return
+1.4%
Sector Stage-2 % · last 20 days
This stock ranks #20 of 158 Stage 2 stocks in Materials by RS. Leading the sector.
Industry
Iron & Steel
↓ Peaking
Stage 2%
39.4%
20d Δ
-2.0pp
1M return
+3.8%
3M return
+2.0%
Industry Stage-2 % · last 20 days
Ranks #9 of 28 Stage 2 stocks in this industry.
Price + Volume Chart
Loading price chart…
Stage Cycle Timeline2023-05-29 → 2026-08-21
S2 15w
S2 27w
S2 25w
S2 22w
2023-05-292026-08-21
S1S2S3S4Setup score (0–10, dashed line at 5)
S2 7w → S3 4w → S2 15w → S3 9w → S2 9w → S3 6w → S2 4w → S1 3w → S2 5w → S3 2w → S2 27w → S3 2w → S2 25w → S3 9w → S2 5w → S3 5w → S4 4w → S1 4w → S2 22w current
Total tracked: 168 weeks across 19 stage runs.
1M
+14.7%
3M
+23.6%
6M
+53.7%
YTD
+73.5%
1Y
+72.6%
Scan Membership
Prop Scan
Latest: 2026-08-21
Pullback Hunter
Latest: 2026-07-16
60 appearances in last 60 days. First seen: 2026-06-11.
Stocks that stay in the scan for 13+ weeks are in the highest observed-return cohort — they keep qualifying because the structure remains intact, not by luck. Persistence in the scan is itself a quality signal.
Recent Stage Timeline
2026-08-21S2
Wk 22 · Vol x
2026-08-20S2
Wk 22 · Vol x
2026-08-19S2
Wk 22 · Vol x
2026-08-18S2
Wk 21 · Vol x
2026-08-17S2
Wk 21 · Vol x
2026-08-14S2
Wk 21 · Vol x
2026-08-13S2
Wk 21 · Vol x
2026-08-12S2
Wk 21 · Vol x
2026-08-11S2
Wk 20 · Vol x
2026-08-10S2
Wk 20 · Vol x
2026-08-07S2
Wk 20 · Vol x
2026-08-06S2
Wk 20 · Vol x
Sector Peers — Stage 2All →
COMSYN
wk 10 · -1.2% from hi
9.6
GULFPETRO
wk 9 · -0.5% from hi
9.6
MMP
wk 11 · -1.1% from hi
9.4
SIGIND
wk 2 · -1.4% from hi
9.2
SBCL
wk 15 · -10.1% from hi
9.0
Moving averages & range
50 DMA
₹315.6
200 DMA
₹257.2
52W High
₹358.7
52W Low
₹182
5D Low
₹352.1
Resistance levels (recent highs)
20d High
₹358.7
60d High
₹358.7
120d High
₹358.7
250d High
₹358.7
Next resistance
+0.7%
to 20d High

All analytics based on EOD data. Data as of 2026-08-21. Past data patterns are not indicative of future results. This page is a data analytics tool only.