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Steel Exchange India Ltd (NSE / BSE code: 534748) is a 24-year-old company operating in the Steel Industry. It is a small cap company with a market cap of Rs 1,533.43 Cr. The promoter holding is 50.94%, showing a consistent increase, while the pledge is decreasing quarter on quarter.

SEIL specialises in manufacturing high-quality steel products, including structural steel, long products, and special steels. Leveraging the latest technology and deep industry knowledge, it meets the demands of various sectors. As per our research and analysis SEIL has big potential in coming months to grow to a new height in its sector which can be profitable to the investors.

Watch full detailed research video here: https://youtu.be/LwChapJPFeE

Fundamental Analysis:
ā— Established company in the steel industry with 24 years of experience.
ā— Healthy market capitalization of Rs 1,533.43 Cr.
ā— Increasing promoter holding indicates confidence.
ā— Maintains a strong Return on Equity (ROE) of 24.20% over the past 3 years.
ā— Efficient Cash Conversion Cycle of 59 days.

Technical Analysis:
ā— Impressive 5-year return of 505%.
ā— Potential multibagger stock for future growth.
ā— Demonstrates positive momentum and resilience.
ā— Bullish outlook based on technical indicators.

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