Chart Check: After a rounding bottom breakout this smallcap stock could hit fresh record highs; time to buy?
The stock which is part of the S&P BSE Smallcap index is sustaining above the neckline of the rounding bottom pattern placed closer to Rs 300 which suggests that the upside remains intact. The stock closed at Rs 344 on 20 January 2023.
Buy Vardhman Special Steel; target of Rs 300: ICICI Direct
ICICI Direct is bullish on Vardhman Special Steel has recommended buy rating on the stock with a target price of Rs 300 in its research report dated May 03, 2022.
Vardhman Special Steels Gets Environmental Clearance for Capacity Expansion
Vardhman Special Steels (VSSL, BOM:534392) received an environmental clearance from India's Ministry of Environment for the planned expansion in its existing plant in Ludhiana, In......read more
Vardhman Special Steels (VSSL, BOM:534392) said it has raised prices of its products by 5,000-6,000 Indian rupees ($67-$81) per ton following price negotiations for the first quarter with original equipment manufactur......read more
Vardhman Special Steels (VSSL, BOM:534392) posted a net profit of 278.0 million Indian rupees ($3.8 million) in the first quarter ended June 30 as against a net loss of 127.8 million rupees a year ago.
Earnings per share stood at 6.82 rupees compared with a loss per share of 3.1......read more
Buy Vardhman Special Steels, target price Rs 300: ICICI Direct
Vardhman Special Steels Ltd., incorporated in the year 2010, is a Small Cap company (having a market cap of Rs 1050.55 Crore) operating in Metals - Ferrous sector.