Scan Steels Ltd (SCANSTL) News & Corporate Actions | Announcements, Board Meetings, Splits, Bonuses, Rights Issues

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  "main_header": {
    "sid": 150700,
    "name": "Scan Steels",
    "stock_name": "Scan Steels",
    "full_name": "Scan Steels Ltd",
    "name_url": "stocks-analysis/scan-steels",
    "exchange": 0,
    "exchangecode": "",
    "country_id": 34,
    "currency": "INR",
    "cmp": "37.60",
    "chg": -0.88,
    "chgp": "-2.29%",
    "dir": -1,
    "prev_price": "38.48",
    "mcapval": "228.41 Cr",
    "mcap": "Micro Cap",
    "scripcode": 511672,
    "symbol": "SCANSTL",
    "ind_name": "Ferrous Metals",
    "ind_code": 23,
    "indexname": "India SENSEX",
    "isin": "INE099G01011",
    "curr_date": "Jun 18",
    "curr_time": "",
    "bse_nse_vol": "53.2 k",
    "exc_status": "Active",
    "traded_date": "Jun 18, 2026",
    "traded_date_str": "2026 06 18",
    "score": "",
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  "news": {
    "results": [
      {
        "title": "Scan Steels Ltd Upgraded to Hold as Financials and Valuation Improve",
        "link": "https://www.marketsmojo.com/news/stock-recommendation/scan-steels-ltd-upgraded-to-hold-as-financials-and-valuation-improve-3997769",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/5/ScanSteelsLtd_mojoScore_3997769.png",
        "date": "2026-05-19 08:00:50",
        "description": "Scan Steels Ltd has seen its investment rating upgraded from Sell to Hold, reflecting significant improvements across financial performance, valuation metrics, quality indicators, and technical trends. This upgrade, effective from 18 May 2026, is underpinned by robust quarterly results, attractive valuation multiples, and a shift towards a more bullish technical outlook, positioning the micro-cap steel company favourably within the ferrous metals sector."
      },
      {
        "title": "Scan Steels Ltd Valuation Shifts to Very Attractive Amid Market Rally",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/scan-steels-ltd-valuation-shifts-to-very-attractive-amid-market-rally-3997641",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/5/ScanSteelsLtd_valuationdot_3997641.png",
        "date": "2026-05-19 08:00:10",
        "description": "Scan Steels Ltd has witnessed a significant improvement in its valuation parameters, shifting from an attractive to a very attractive rating. This change is underpinned by a notable decline in its price-to-earnings (P/E) and price-to-book value (P/BV) ratios, positioning the micro-cap ferrous metals company as a compelling option within its sector despite mixed returns against benchmark indices."
      },
      {
        "title": "Scan Steels Ltd Quality Grade Upgrade Reflects Mixed Business Fundamentals",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/scan-steels-ltd-quality-grade-upgrade-reflects-mixed-business-fundamentals-3997617",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/5/ScanSteelsLtd_qualitydot_3997617.png",
        "date": "2026-05-19 08:00:06",
        "description": "Scan Steels Ltd has seen its quality grade upgraded from below average to average, reflecting a nuanced shift in its business fundamentals. While certain metrics such as return on capital employed (ROCE) and return on equity (ROE) remain modest, improvements in debt management and interest coverage have contributed to a more balanced outlook. This article analyses the key financial parameters underpinning this change and what it means for investors navigating the ferrous metals sector."
      },
      {
        "title": "Scan Steels Ltd Upgraded to Sell on Technical Improvement Despite Flat Financials",
        "link": "https://www.marketsmojo.com/news/stock-recommendation/scan-steels-ltd-upgraded-to-sell-on-technical-improvement-despite-flat-financials-3980661",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/5/ScanSteelsLtd_mojoScore_3980661.png",
        "date": "2026-05-08 08:00:51",
        "description": "Scan Steels Ltd has seen its investment rating upgraded from Strong Sell to Sell as of 7 May 2026, driven primarily by a marked improvement in technical indicators. Despite this upgrade, the company’s fundamental financial performance remains subdued, with flat quarterly results and weak long-term profitability metrics continuing to weigh on investor sentiment."
      },
      {
        "title": "When is the next results date for Scan Steels Ltd?",
        "link": "https://www.marketsmojo.com/news/result-analysis/when-is-the-next-results-date-for-scan-steels-ltd-3976510",
        "imagepath": "",
        "date": "2026-05-05 23:16:18",
        "description": "The next results date for Scan Steels Ltd is scheduled for 15 May 2026...."
      },
      {
        "title": "Scan Steels Ltd is Rated Strong Sell",
        "link": "https://www.marketsmojo.com/news/stock-recommendation/scan-steels-ltd-is-rated-strong-sell-3975637",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/5/ScanSteelsLtd_mojoScore_3975637.png",
        "date": "2026-05-05 10:10:53",
        "description": "Scan Steels Ltd is rated Strong Sell by MarketsMOJO, with this rating last updated on 23 Apr 2026. However, the analysis and financial metrics discussed here reflect the stock’s current position as of 05 May 2026, providing investors with the latest insights into the company’s performance and outlook."
      },
      {
        "title": "Scan Steels Gains 7.95%: Valuation Appeal Amidst Strong Sell Downgrade",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/scan-steels-gains-795-valuation-appeal-amidst-strong-sell-downgrade-3963320",
        "imagepath": "",
        "date": "2026-04-26 15:00:04",
        "description": "    <div class=\"article-news-new\">\n        <div class=\"article-container\">\n\n<div class=\"article-content\">\n                <div class=\"highlight-box\">\n                    <h3>Key Events This Week</h3>\n                    <p><strong>Apr 20:</strong> Stock opens at Rs.33.24, down 2.81% on weak market sentiment</p>\n                    <p><strong>Apr 21:</strong> Recovery with 3.19% gain to Rs.34.30 despite low volume</p>\n                    <p><strong>Apr 22:</strong> Slight dip of 0.90% to Rs.33.99 amid mixed market cues</p>\n                    <p><strong>Apr 23:</strong> Strong rebound with 2.85% rise to Rs.34.96 on heavy volume</p>\n                    <p><strong>Apr 24:</strong> Stock surges 5.61% to Rs.36.92 following valuation upgrade and downgrade news</p>\n                </div>\n\n                <div class=\"stats-row\">\n                    <div class=\"stat-item\"><div class=\"stat-label\">Week Open</div><div ..."
      },
      {
        "title": "Scan Steels Ltd Downgraded to Strong Sell Amidst Weak Financial Trends and Valuation Shifts",
        "link": "https://www.marketsmojo.com/news/stock-recommendation/scan-steels-ltd-downgraded-to-strong-sell-amidst-weak-financial-trends-and-valuation-shifts-3960058",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/4/ScanSteelsLtd_mojoScore_3960058.png",
        "date": "2026-04-24 08:00:49",
        "description": "Scan Steels Ltd, a micro-cap player in the ferrous metals sector, has seen its investment rating upgraded from Sell to Strong Sell as of 23 April 2026. This change is primarily driven by an improvement in valuation metrics, even as the company continues to grapple with flat financial trends and weak quality scores. The stock’s recent 2.85% day gain contrasts with its longer-term underperformance, highlighting a complex investment outlook."
      },
      {
        "title": "Scan Steels Ltd Valuation Shifts Signal Renewed Price Attractiveness Amid Mixed Returns",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/scan-steels-ltd-valuation-shifts-signal-renewed-price-attractiveness-amid-mixed-returns-3959975",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/4/ScanSteelsLtd_valuationdot_3959975.png",
        "date": "2026-04-24 08:00:06",
        "description": "Scan Steels Ltd has witnessed a notable shift in its valuation parameters, moving from a very attractive to an attractive rating, driven primarily by its current price-to-earnings (P/E) ratio of 10.97 and price-to-book value (P/BV) of 0.48. Despite this positive valuation adjustment, the company’s financial performance and returns relative to the Sensex present a mixed picture, prompting a cautious yet opportunistic stance for investors."
      }
    ],
    "total": 15,
    "sid": "150700",
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  "announcements": [
    {
      "caption": "Announcement under Regulation 30 (LODR)-Newspaper Publication",
      "datetime": "16-May-2026",
      "details": "Newspaper publication of Audited Standalone and Consolidated Financial Results of the Company for the quarter & year ended March 31 2026.",
      "source": "BSE"
    },
    {
      "caption": "Compliances-Reg.24(A)-Annual Secretarial Compliance",
      "datetime": "09-May-2026",
      "details": "Annual Secretarial Compliance Report for the Financial Year ended March 31 2026.",
      "source": "BSE"
    },
    {
      "caption": "Board Meeting Intimation for The Meeting Of The Board Of Directors Of The Company Is Scheduled To Be Held On Friday May 15 2026 At Trishna Nirmalaya Bhawan Plot No. - 516/1723/3991 3Rd Floor Magnetics Square Patia Bhubaneswar - 751024 (Odisha) At 4.00 P.M",
      "datetime": "04-May-2026",
      "details": "Scan Steels Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 15/05/2026 inter alia to consider and approve 1. Audited Standalone and Consolidated Financial Results of the Company for the Quarter and Financial Year ended March 31 2026 along with the Audit Report as per Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015; 2. Discuss any other business matter if required with the permission of Chair.",
      "source": "BSE"
    }
  ],
  "corporate_actions": [
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      "title": "BOARD MEETING",
      "msg": "<span>No</span> Upcoming Board Meetings",
      "data": []
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    {
      "img": "dividend.svg",
      "title": "DIVIDEND",
      "msg": "No <strong>Dividend</strong> history available",
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    {
      "img": "splits.svg",
      "title": "SPLITS",
      "msg": "No <strong>Splits</strong> history available",
      "data": []
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      "img": "bonus.svg",
      "title": "BONUS",
      "msg": "No <strong>Bonus</strong> history available",
      "data": []
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    {
      "img": "rights-issues.svg",
      "title": "RIGHTS",
      "msg": "No <strong>Rights</strong> history available",
      "data": []
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}

News and Views

Scan Steels Ltd Upgraded to Hold as Financials and Valuation Improve

2026-05-19 08:00:50

Scan Steels Ltd has seen its investment rating upgraded from Sell to Hold, reflecting significant improvements across financial performance, valuation metrics, quality indicators, and technical trends. This upgrade, effective from 18 May 2026, is underpinned by robust quarterly results, attractive valuation multiples, and a shift towards a more bullish technical outlook, positioning the micro-cap steel company favourably within the ferrous metals sector.

Scan Steels Ltd Valuation Shifts to Very Attractive Amid Market Rally

2026-05-19 08:00:10

Scan Steels Ltd has witnessed a significant improvement in its valuation parameters, shifting from an attractive to a very attractive rating. This change is underpinned by a notable decline in its price-to-earnings (P/E) and price-to-book value (P/BV) ratios, positioning the micro-cap ferrous metals company as a compelling option within its sector despite mixed returns against benchmark indices.

Scan Steels Ltd Quality Grade Upgrade Reflects Mixed Business Fundamentals

2026-05-19 08:00:06

Scan Steels Ltd has seen its quality grade upgraded from below average to average, reflecting a nuanced shift in its business fundamentals. While certain metrics such as return on capital employed (ROCE) and return on equity (ROE) remain modest, improvements in debt management and interest coverage have contributed to a more balanced outlook. This article analyses the key financial parameters underpinning this change and what it means for investors navigating the ferrous metals sector.

Scan Steels Ltd Upgraded to Sell on Technical Improvement Despite Flat Financials

2026-05-08 08:00:51

Scan Steels Ltd has seen its investment rating upgraded from Strong Sell to Sell as of 7 May 2026, driven primarily by a marked improvement in technical indicators. Despite this upgrade, the company’s fundamental financial performance remains subdued, with flat quarterly results and weak long-term profitability metrics continuing to weigh on investor sentiment.

When is the next results date for Scan Steels Ltd?

2026-05-05 23:16:18

The next results date for Scan Steels Ltd is scheduled for 15 May 2026....

Scan Steels Ltd is Rated Strong Sell

2026-05-05 10:10:53

Scan Steels Ltd is rated Strong Sell by MarketsMOJO, with this rating last updated on 23 Apr 2026. However, the analysis and financial metrics discussed here reflect the stock’s current position as of 05 May 2026, providing investors with the latest insights into the company’s performance and outlook.

Scan Steels Gains 7.95%: Valuation Appeal Amidst Strong Sell Downgrade

2026-04-26 15:00:04

Key Events This Week Apr 20: Stock opens at Rs.33.24, down 2.81% on weak market sentiment Apr 21: Recovery with 3.19% gain to Rs.34.30 despite low volume Apr 22: Slight dip of 0.90% to Rs.33.99 amid mixed market cues Apr 23: Strong rebound with 2.85% rise to Rs.34.96 on heavy volume Apr 24: Stock surges 5.61% to Rs.36.92 following valuation upgrade and downgrade news Week Open<div ...

Scan Steels Ltd Downgraded to Strong Sell Amidst Weak Financial Trends and Valuation Shifts

2026-04-24 08:00:49

Scan Steels Ltd, a micro-cap player in the ferrous metals sector, has seen its investment rating upgraded from Sell to Strong Sell as of 23 April 2026. This change is primarily driven by an improvement in valuation metrics, even as the company continues to grapple with flat financial trends and weak quality scores. The stock’s recent 2.85% day gain contrasts with its longer-term underperformance, highlighting a complex investment outlook.

Scan Steels Ltd Valuation Shifts Signal Renewed Price Attractiveness Amid Mixed Returns

2026-04-24 08:00:06

Scan Steels Ltd has witnessed a notable shift in its valuation parameters, moving from a very attractive to an attractive rating, driven primarily by its current price-to-earnings (P/E) ratio of 10.97 and price-to-book value (P/BV) of 0.48. Despite this positive valuation adjustment, the company’s financial performance and returns relative to the Sensex present a mixed picture, prompting a cautious yet opportunistic stance for investors.

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