Case study

STEELXIND

Steel Exchange India Limited

High-risk on the numbers1y model +4.4%

Each stock's 10,000-path forecast, rendered as light.

25Score

Steel Exchange India Limited (STEELXIND) Stock Analysis & Case Study

Is STEELXIND a good buy? The data-driven verdict.

Steel Exchange India Limited (STEELXIND) trades at ₹11,on the numbers it high-risk on the numbers, a Downstox Snapshot Score of 25/100.

On the numbers, Steel Exchange India Limited (STEELXIND) high-risk on the numbers, a Downstox Snapshot Score of 25/100, weighing expensive at 45.0× earnings, ROE of 1.0%, a 54% 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.

STEELXIND fundamentals at a glance, PE, PB, ROE, ROCE, market cap, dividend yield

Market cap
₹1,430 Cr
Current price
₹11
P/E ratio
45.0×
ROCE
1.0%
ROE
1.0%
Piotroski F-Score
2/8

How STEELXIND ranks against the 2,373 companies in our screener

We do not hold a book value figure for STEELXIND, as of 9 Aug 2026, so it is not ranked here.

Is STEELXIND overvalued? STEELXIND P/E vs peers

STEELXIND trades at 45.0× 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.

STEELXIND 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 8.9y of STEELXIND history (2%/yr drift, 41%/yr volatility).

YearLow (P10)Median target (P50)High (P90)Upside vs today
STEELXIND 2027₹7₹12₹20+4%
STEELXIND 2028₹6₹12₹26+9%
STEELXIND 2029₹5₹13₹32+14%
STEELXIND 2030₹5₹13₹39+19%
STEELXIND 2031₹4₹14₹44+24%

Median (P50) is the central estimate; the P10-P90 band is the 80% confidence range. Probabilities, not promises.

What is the probability STEELXIND goes up, or doubles?

54%
Higher in 1 year
Modelled chance the price is above today in 12 months
60%
Higher in 5 years
Modelled chance the price is above today in 5 years
30%
Doubles in 5 years
Modelled chance of reaching ₹22 within 5 years

The bull case for STEELXIND

  • Steel Exchange India Limited is part of the nifty500 universe with live, tracked fundamentals on Downstox.
  • Upside scenario: the model's optimistic (P90) 3-year path reaches ₹32.

The bear case & risks

  • STEELXIND's P/E of 45.0x is lower than 30% of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
  • STEELXIND's return on equity of 1.0% ranks in the 15th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
  • STEELXIND's Piotroski F-Score of 2/8 ranks in the 6th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
  • Downside scenario: the model's pessimistic (P10) 3-year path falls to ₹5.

STEELXIND volatility & expected range, how bumpy is the ride?

Over the last 8.9 years STEELXIND compounded at 2%/year with annualized volatility of 41%. That volatility implies a 1-year 80% range of ₹7-₹20, the honest backbone behind any single price target.

STEELXIND price forecast, the full 60-month probability fan

Spot Price · Today
₹0
Based on 8.9 years of daily NSE data ·0.0% annualised volatility
5-yr median forecast
₹0
P(price ↑ in 5y)
0%
1-Year Forecast
2027
₹0
Median (P50)
4.4%
80% range₹7-₹20
P(price ↑)54%
P(price 2×)6%
3-Year Forecast
2029
₹0
Median (P50)
13.7%
80% range₹5-₹32
P(price ↑)58%
P(price 2×)21%
5-Year Forecast
2031
₹0
Median (P50)
23.9%
80% range₹4-₹44
P(price ↑)60%
P(price 2×)30%

STEELXIND price probability fan

Each band shows where 10,000 simulated paths land. The wider the fan, the more uncertainty.

Probability Fan
STEELXIND simulated paths · 60 months · 10,000 trials
P10-P90 (80%)P25-P75 (50%)Median (P50)

Probability of key outcomes

What are the odds STEELXIND hits common targets within the simulated horizon?

0%
P(↑ 1Y)
Above today's price in 1 year
0%
P(↑ 5Y)
Above today's price in 5 years
0%
P(2×)
Doubles within 5 years
0%
P(↓)
Falls below today in 5 years

Full multi-horizon detail on the STEELXIND price target & forecast page.

STEELXIND Piotroski F-Score: 2/8, how financially strong is it?

2/8

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. STEELXIND scores 2/8, weak on the financial-strength checks.

STEELXIND MTF margin & leverage across 7 brokers

Margin Trading Facility lets you buy STEELXIND with part of the capital. Lower margin % = higher leverage. Rates compared across 7 brokers (no competitor publishes this):

BrokerMargin requiredApprox. leverage
Groww35.83%2.8×
Dhan89.00%1.1×
Kotak Neo100.00%1.0×
Paytm Money100.00%1.0×
Fyers90.91%1.1×
Anand Rathi75.00%1.3×
Share IndiaCHEAPEST35.80%2.8×

Compare every broker on the STEELXIND MTF page.

About Steel Exchange India Limited: sector, index & market-cap context

Steel Exchange India Limited (STEELXIND) is a small-cap NSE-listed company, with a market capitalisation of ₹1,430 Cr. See more stocks on our screener.

How the STEELXIND Snapshot Score & forecast are built

The Downstox Snapshot Score is a transparent, rules-based read of Steel Exchange India 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.

STEELXIND analysis, FAQs

Is Steel Exchange India Limited (STEELXIND) a good buy?

On the numbers, Steel Exchange India Limited (STEELXIND) high-risk on the numbers, a Downstox Snapshot Score of 25/100, weighing expensive at 45.0× earnings, ROE of 1.0%, a 54% model probability of trading higher in a year. This is a data snapshot for research, not investment advice.

Is STEELXIND overvalued or undervalued?

STEELXIND trades at 45.0× earnings, expensive versus the ~22× long-run Nifty average.

What is the STEELXIND share price target for 2031?

STEELXIND's probability-weighted 2031 median target is ₹14, with an 80% range of ₹4-₹44 (10,000-path Monte-Carlo).

What is the probability STEELXIND doubles in 5 years?

The modelled probability of STEELXIND reaching ₹22 (2×) within 5 years is 30%.

What is the bull case for STEELXIND?

Steel Exchange India Limited is part of the nifty500 universe with live, tracked fundamentals on Downstox.

What are the risks in STEELXIND?

STEELXIND's P/E of 45.0x is lower than 30% of the 2,373 NSE companies in our screener, as of 9 Aug 2026. STEELXIND's return on equity of 1.0% ranks in the 15th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026. STEELXIND's Piotroski F-Score of 2/8 ranks in the 6th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.

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