Steel Exchange India is currently trading at RS. 11.12, up by 0.20 points or 1.83% from its previous close of RS. 10.92 on the BSE.
The stock opened at RS. 10.84 and has touched an intraday high of RS. 11.19 and a low of RS. 10.84. So far, 6,24,000 shares have been traded on the counter.
A BSE group 'B' stock with a face value of RS. 1, Steel Exchange India recorded a 52-week high of RS. 14.74 on August 26, 2024, and a 52-week low of RS. 7.16 on March 17, 2025. In the past week, the scrip has traded between RS. 11.49 and RS. 10.10. The current market capitalization stands at RS. 1389.40 crore.
The promoter holding in the company is 52.90%, while institutions hold 2.27% and non-institutions hold 44.83%.
In a strategic move, Steel Exchange India has entered into a non-binding collaboration with Vizag Profiles Logistics (VPL) and Hind Terminals (HTPL) to explore the development of a General Cargo Terminal (GCT) and a Multi-Modal Logistics Park (MMLP) in Visakhapatnam. The initiative aims to enhance cargo movement across inland and coastal routes by improving logistics efficiency, reducing transit times, and enabling scalable cargo handling solutions in the region.
Though non-binding, the agreement reflects a shared vision to develop integrated logistics infrastructure catering to both captive and third-party cargo. It lays the groundwork for feasibility studies, pilot operations, and potential commercial partnerships. For Steel Exchange India, this collaboration is expected to enhance supply chain operations, unlock value from existing logistics assets, and bolster its core steel business.
Founded in 1999, Steel Exchange India is India’s first online steel e-commerce portal, dedicated to serving the Indian steel industry.