F-14/15, Orbit Mall, Civil Lines, Jaipur-302006
support@thetaxheaven.com
F-14/15, Orbit Mall, Civil Lines, Jaipur-302006 support@thetaxheaven.comVardhman Special Steels Ltd is one of India’s leading steel manufacturers with a strong presence in special alloy steels, catering to the automotive, engineering, and allied industries. With its modern production facilities, diverse product range, and strategic partnerships, the company has established itself as a trusted supplier in both domestic and export markets.
When evaluating a stock for investment, it is important to not only consider its current performance but also its long-term potential. In this blog, we will analyze the historical performance of Vardhman Special Steels Ltd, review its shareholding structure, and provide share price targets for the years 2025 to 2030.
Before predicting future share price movements, it is essential to analyze past performance and current market standing.
Open Price: ₹270.30
Previous Close: ₹268.65
Volume: 333,952
Value (Lacs): ₹940.07
VWAP: ₹281.74
Beta: 1.08 (slightly more volatile than market average)
Market Cap: ₹2,716 Cr
Day’s High / Low: ₹288.55 / ₹264.40
UC Limit / LC Limit: ₹322.35 / ₹214.95
52-Week High / Low: ₹322.00 / ₹178.00
All-Time High / Low: ₹342.80 / ₹4.04
20D Avg Volume: 71,983
20D Avg Delivery (%): 40.57
Book Value Per Share: ₹79.86
Dividend Yield: 1.07%
The stock is trading closer to its 52-week low, which could present an opportunity for long-term investors if the company continues its growth trajectory.
The latest shareholding structure shows confidence from promoters while retail investors hold a significant portion:
Promoters: 51.13%
Retail & Others: 44.84%
Mutual Funds: 3.51%
Foreign Institutions: 0.50%
Other Domestic Institutions: 0.03%
Promoter holding above 50% indicates strong control and confidence in the company’s future, while retail participation reflects rising interest among small investors.
Automotive Sector Demand: As a major supplier to auto manufacturers, demand cycles in the automobile industry directly affect revenue.
Export Opportunities: Expanding presence in global steel markets strengthens long-term prospects.
Raw Material Costs: Fluctuations in iron ore and energy prices may influence margins.
Government Policies: Infrastructure growth and PLI schemes support the steel sector.
Financial Stability: Strong book value and steady dividend yield highlight the company’s fundamentals.
| Month | Price Target (₹) | Reason |
|---|---|---|
| January | 290 | Stable Q3 FY25 demand |
| February | 300 | Higher auto sector sales |
| March | 310 | Budget allocation to infra |
| April | 320 | Rising domestic demand |
| May | 330 | Strong Q4 FY25 earnings |
| June | 340 | Export orders increase |
| July | 355 | Positive brokerage outlook |
| August | 365 | Strong quarterly performance |
| September | 380 | Festive auto demand |
| October | 395 | Govt infra projects |
| November | 410 | Improved margins |
| December | 430 | Year-end bullish close |
| Month | Price Target (₹) | Reason |
|---|---|---|
| January | 440 | Sustained auto demand |
| February | 455 | Institutional buying |
| March | 470 | Budget-driven optimism |
| April | 485 | Export growth |
| May | 500 | Expansion in production |
| June | 520 | Strong quarterly earnings |
| July | 540 | Retail participation |
| August | 560 | Global demand uptick |
| September | 580 | Festive demand |
| October | 600 | Infra spending boost |
| November | 625 | Positive cash flow |
| December | 650 | Bullish close |
| Month | Price Target (₹) | Reason |
|---|---|---|
| January | 670 | Robust auto growth |
| February | 690 | FII inflows |
| March | 710 | Budget push to infra |
| April | 730 | Demand in alloy steels |
| May | 750 | Strong earnings |
| June | 775 | Expanding capacity |
| July | 800 | Growing exports |
| August | 830 | Rising market share |
| September | 860 | Festive boost |
| October | 890 | Higher profitability |
| November | 920 | Q2 results strong |
| December | 950 | Positive market outlook |
| Month | Price Target (₹) | Reason |
|---|---|---|
| January | 980 | Strong FY27 growth |
| February | 1,010 | Higher exports |
| March | 1,040 | Budget-driven momentum |
| April | 1,070 | Demand for alloy steels |
| May | 1,100 | Production expansion |
| June | 1,130 | Higher margins |
| July | 1,160 | Institutional interest |
| August | 1,190 | Auto demand rising |
| September | 1,220 | Festive sales |
| October | 1,250 | Policy support |
| November | 1,280 | Strong quarterly results |
| December | 1,320 | Year-end rally |
| Month | Price Target (₹) | Reason |
|---|---|---|
| January | 1,350 | Robust FY28 outlook |
| February | 1,380 | Higher retail buying |
| March | 1,410 | Budget-driven growth |
| April | 1,440 | Export demand |
| May | 1,470 | Expansion in auto sector |
| June | 1,500 | Strong quarterly earnings |
| July | 1,540 | FII inflows |
| August | 1,580 | Growing order book |
| September | 1,620 | Festive demand |
| October | 1,660 | Govt infra projects |
| November | 1,700 | Rising margins |
| December | 1,750 | Year-end bullish sentiment |
| Month | Price Target (₹) | Reason |
|---|---|---|
| January | 1,780 | Robust FY29 performance |
| February | 1,820 | Higher institutional buying |
| March | 1,860 | Budget infra push |
| April | 1,900 | Expanding global markets |
| May | 1,940 | Rising auto demand |
| June | 1,980 | Strong quarterly performance |
| July | 2,020 | Export orders increase |
| August | 2,060 | Market expansion |
| September | 2,100 | Festive demand |
| October | 2,150 | Govt support |
| November | 2,200 | Strong profitability |
| December | 2,250 | Decade-end rally |
Raw Material Volatility: Rising iron ore and coal costs may affect margins.
Automobile Sector Slowdown: Auto industry demand directly impacts revenue.
Competition: Domestic and global steel players may increase pricing pressure.
Global Trade Risks: Export demand sensitive to international trade policies.
Vardhman Special Steels Ltd, with its strong promoter holding, consistent dividend payout, and growing presence in both domestic and export markets, holds strong long-term potential.
Based on projections, the share price could reach ₹2,250 by 2030, provided the company maintains growth in the auto and infrastructure sectors while navigating raw material volatility and global challenges.
Register & Login