Steel Exchange India trades higher on BSE
Steel Exchange India is currently trading at Rs 11.12, up by 0.20 points or 1.83% from its previous closing of Rs 10.92 on the BSE.
The scrip opened at Rs 10.84 and has touched a high and low of Rs 11.19 and Rs 10.84 respectively. So far 624000 shares were traded on the counter.
The BSE group 'B' stock of face value Rs 1 has touched a 52-week high of Rs 14.74 on 26-Aug-2024 and a 52-week low of Rs 7.16 on 17-Mar-2025.
Last one week high and low of the scrip stood at Rs 11.49 and Rs 10.10 respectively. The current market cap of the company is Rs 1389.40 crore.
The promoters holding in the company stood at 52.90%, while Institutions and Non-Institutions held 2.27% and 44.83% respectively.
Steel Exchange India has entered into a strategic 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. This collaboration marks a significant step toward unlocking cargo movement potential across both inland and coastal routes. Together, the partners aim to improve logistics efficiency, reduce transit times, and enable scalable cargo handling solutions in and around Visakhapatnam.
This agreement reflects a shared vision to build integrated logistics infrastructure that caters to both captive and third-party cargo movement. While non-binding in nature, the collaboration sets the foundation for detailed feasibility studies, pilot operations, and potential future commercial partnerships. For Steel Exchange India, the initiative is expected to significantly enhance supply chain efficiency, unlock value from its logistics assets, and support the long-term competitiveness of its core steel business.
Steel Exchange India is India’s first online steel e-commerce portal established in 1999 and is dedicated to the Indian steel industry specifically and to steel as a whole.
