BAJAJST
Bajaj Steel Industries Limited
Each stock's 10,000-path forecast, rendered as light.
Bajaj Steel Industries Limited (BAJAJST) Stock Analysis & Case Study
Is BAJAJST a good buy? The data-driven verdict.
Bajaj Steel Industries Limited (BAJAJST) trades at ₹390,on the numbers it tread carefully, a Downstox Snapshot Score of 44/100.
On the numbers, Bajaj Steel Industries Limited (BAJAJST) tread carefully, a Downstox Snapshot Score of 44/100, weighing fairly valued at 22.0× earnings, ROE of 9.1%, a 50% model probability of trading higher in a year. Below: the full bull case, bear case, sector-relative valuation, and a probability-weighted price target for 2027-2031.
Last updated . Data snapshot for research, not investment advice.
BAJAJST fundamentals at a glance, PE, PB, ROE, ROCE, market cap, dividend yield
How BAJAJST ranks against the 2,374 companies in our screener
- BAJAJST's market cap of 821 Cr ranks in the 35th percentile of the 2,374 NSE companies in our screener, as of 10 Aug 2026.
- BAJAJST's book value of ₹204 ranks in the 72nd percentile of the 2,374 NSE companies in our screener, as of 10 Aug 2026.
- BAJAJST's promoter holding of 56.6% ranks in the 45th percentile of the 2,374 NSE companies in our screener, as of 10 Aug 2026.
- BAJAJST's 3-year profit (PAT) growth of -15.0% ranks in the 15th percentile of the 2,374 NSE companies in our screener, as of 10 Aug 2026.
- BAJAJST's 3-year revenue growth of -2.0% ranks in the 20th percentile of the 2,374 NSE companies in our screener, as of 10 Aug 2026.
- BAJAJST's debt-to-equity ratio of 0.15x is lower than 69% of the 2,374 NSE companies in our screener, as of 10 Aug 2026.
Is BAJAJST overvalued? BAJAJST P/E vs peers
BAJAJST trades at 22.0× earnings. We don't have a verified sector peer group for this stock yet, so no sector peer median or peer comparison table is shown here. Showing one anyway would compare it against an arbitrary set of large-cap names, not real sector peers.
BAJAJST share price target 2027, 2028, 2029, 2030, 2031, a probability view
Unlike a single guessed number, this is a probability-weighted range from a 10,000-path Monte-Carlo simulation on 9.8y of BAJAJST history (31%/yr drift, 54%/yr volatility).
| Year | Low (P10) | Median target (P50) | High (P90) | Upside vs today |
|---|---|---|---|---|
| BAJAJST 2027 | ₹194 | ₹389 | ₹779 | -0% |
| BAJAJST 2028 | ₹147 | ₹388 | ₹1,028 | -0% |
| BAJAJST 2029 | ₹117 | ₹388 | ₹1,281 | -0% |
| BAJAJST 2030 | ₹97 | ₹387 | ₹1,552 | -1% |
| BAJAJST 2031 | ₹82 | ₹387 | ₹1,832 | -1% |
Median (P50) is the central estimate; the P10-P90 band is the 80% confidence range. Probabilities, not promises.
What is the probability BAJAJST goes up, or doubles?
The bull case for BAJAJST
- BAJAJST's P/E of 22.2x is lower than 58% of the 2,374 NSE companies in our screener, as of 10 Aug 2026.
- Upside scenario: the model's optimistic (P90) 3-year path reaches ₹1,281.
The bear case & risks
- BAJAJST's return on equity of 9.1% ranks in the 44th percentile of the 2,374 NSE companies in our screener, as of 10 Aug 2026.
- High historical volatility (54%/yr) means a wide, bumpy range of outcomes, size positions accordingly.
- Downside scenario: the model's pessimistic (P10) 3-year path falls to ₹117.
BAJAJST volatility & expected range, how bumpy is the ride?
Over the last 9.8 years BAJAJST compounded at 31%/year with annualized volatility of 54%. That volatility implies a 1-year 80% range of ₹194-₹779, the honest backbone behind any single price target.
BAJAJST price forecast, the full 60-month probability fan
BAJAJST price probability fan
Each band shows where 10,000 simulated paths land. The wider the fan, the more uncertainty.
Probability of key outcomes
What are the odds BAJAJST hits common targets within the simulated horizon?
Full multi-horizon detail on the BAJAJST price target & forecast page.
BAJAJST Piotroski F-Score: 4/8, how financially strong is it?
The Piotroski F-Score grades financial strength on profitability, leverage and efficiency checks. Downstox scores the eight checks it can verify from published filings, so 8 is full marks. BAJAJST scores 4/8, mixed financial health.
BAJAJST MTF margin & leverage across 2 brokers
Margin Trading Facility lets you buy BAJAJST with part of the capital. Lower margin % = higher leverage. Rates compared across 2 brokers (no competitor publishes this):
| Broker | Margin required | Approx. leverage |
|---|---|---|
| Pocketful | 50.00% | 2.0× |
| Share IndiaCHEAPEST | 38.89% | 2.6× |
Compare every broker on the BAJAJST MTF page.
About Bajaj Steel Industries Limited: sector, index & market-cap context
Bajaj Steel Industries Limited (BAJAJST) is a small-cap NSE-listed company, with a market capitalisation of ₹812 Cr. See more stocks on our screener.
How the BAJAJST Snapshot Score & forecast are built
The Downstox Snapshot Score is a transparent, rules-based read of Bajaj Steel Industries Limited's public fundamentals plus a statistical forecast, not an analyst opinion. It rewards low-to-fair valuation, high ROE/ROCE, a strong Piotroski F-Score, a dividend, low volatility and a favourable probability of upside; it penalises rich valuations, weak capital efficiency, a low F-Score and high volatility. The price target is a 10,000-path Monte-Carlo simulation on real historical volatility, a distribution, not a single guess. The bull and bear cases are generated from the same data, so you always see both sides.
This is information, not investment advice. Do your own due diligence and consult a SEBI-registered adviser before investing.
BAJAJST analysis, FAQs
Is Bajaj Steel Industries Limited (BAJAJST) a good buy?
On the numbers, Bajaj Steel Industries Limited (BAJAJST) tread carefully, a Downstox Snapshot Score of 44/100, weighing fairly valued at 22.0× earnings, ROE of 9.1%, a 50% model probability of trading higher in a year. This is a data snapshot for research, not investment advice.
Is BAJAJST overvalued or undervalued?
BAJAJST trades at 22.0× earnings, fairly valued versus the ~22× long-run Nifty average.
What is the BAJAJST share price target for 2031?
BAJAJST's probability-weighted 2031 median target is ₹387, with an 80% range of ₹82-₹1,832 (10,000-path Monte-Carlo).
What is the probability BAJAJST doubles in 5 years?
The modelled probability of BAJAJST reaching ₹779 (2×) within 5 years is 28%.
What is the bull case for BAJAJST?
BAJAJST's P/E of 22.2x is lower than 58% of the 2,374 NSE companies in our screener, as of 10 Aug 2026.
What are the risks in BAJAJST?
BAJAJST's return on equity of 9.1% ranks in the 44th percentile of the 2,374 NSE companies in our screener, as of 10 Aug 2026. High historical volatility (54%/yr) means a wide, bumpy range of outcomes, size positions accordingly.