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Steel Exchange India is currently trading at Rs. 12.44, up by 0.90 points or 7.80% from its previous closing of Rs. 11.54 on the BSE.

The scrip opened at Rs. 11.54 and has touched a high and low of Rs. 12.44 and Rs. 11.45 respectively. So far 770687 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 13.84 on 22-Jun-2026 and a 52 week low of Rs. 6.97 on 23-Mar-2026.

Last one week high and low of the scrip stood at Rs. 12.85 and Rs. 10.64 respectively. The current market cap of the company is Rs. 1520.42 crore.

The promoters holding in the company stood at 49.67%, while Institutions and Non-Institutions held 2.89% and 47.44% respectively.

Steel Exchange India has entered into a strategic Memorandum of Understanding (MoU) with NMDC, India’s premier government-owned iron ore producer. The MoU establishes a commercial and operational framework for the supply and procurement of consistent grade Iron Ore Fines (Fe 61-63% and above) sourced from NMDC's upcoming Buffer Stockpile & Blending Yard at Visakhapatnam, Andhra Pradesh. This agreement significantly enhances the company’s raw material security, providing direct conveyor, FOB, FOR, FOT, or Ex-Stockpile supply access to consistent grade iron ore right in its proximity.

Following the company's recent achievement of recording its highest-ever monthly Re-Bar output of 24,823.509 MT (driven by the operationalisation of its new Reheating Furnace), securing a steady stream of premium iron ore becomes paramount. The proximity of NMDC’s Visakhapatnam hub to the company’s integrated production facilities near Visakhapatnam yields substantial logistics cost advantages and operational agility. 

This strategic tie-up reinforces the company’s backward integration strategy, mitigating supply volatility and empowering it to consistently cater to growing infrastructure demand under its flagship SIMHADRI TMT brand. This MoU is expected to support the company’s expansion plans in the near future.