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Bihar Sponge Iron Ltd Share Price History

Bihar Sponge Iron Ltd Share Price History

stocks purchased

₹ 0.2 Cr

Volume Transacted

(Dec 12, 2024)

stocks purchased

124.1 K

Stocks Traded

(Dec 12, 2024)

Last Updated on: Dec 12, 2024

Image

Bihar Sponge Iron Ltd

BSE

12 Dec, 2024

19.27-0.9 (-4.7%)stock direction

Prev Close

20.22

Open Price

20.3

Bid Price (QTY)

Offer Price (QTY)

Volume

124148

Today's High / Low

20.3 / 19.2

52 WK High / Low

26.8 / 9.5

Market Price of Bihar Sponge Iron Ltd

1M

1Y

3Y

5Y

To make informed investment decisions, regularly checking Bihar Sponge Iron Ltd share price can be a beneficial practice. *All values are in Rupees.

Last Ten Days Market Price

Date
leftPrice (₹)right
12 Dec 202419.27
11 Dec 202420.22
10 Dec 202418.39
09 Dec 202418.76
06 Dec 202417.06
05 Dec 202415.59
04 Dec 202415.41
03 Dec 202414.97
02 Dec 202415.66
29 Nov 202415.38

Returns Comparison

1W

1M

3M

6M

1Y

3Y

5Y

10Y

Returns Comparison Table

Entity
left1Wright
Tata Steel Ltd3.3
Bihar Sponge Iron Ltd31.2
JSW Steel Ltd0.5
Jindal Steel & Power Ltd6.3
Jindal Stainless Ltd1.7
Tube Investments of India Ltd0.8

Last updated time: 12 Dec 15:30 PM

Growth Parameters

Parameter
left2017right
Sales0
Sales YoY Gr.-
Adj EPS0
YoY Gr.-
Adj Net Profit-4
BVPS-14.14

Key Financial Parameters

Parameter
left2017right
Return on Capital Emp. %0
Op. Profit Mgn %0
Net Profit Mgn %0
Debt to Equity %0

Latest Shareholding

No data available

Promoters Holdings Over Time

No data available

About Bihar Sponge Iron Ltd

  • Incorporated at Patna, Bihar, on 16 Apr.'82, Bihar Sponge Iron is an Indo-German venture, promoted in the joint sector by Modi Industries, Modi Rubber and their associates, along with the Bihar State Industrial Development Corporation and Lurgi, Germany. The company produces sponge iron from iron ore (inst. cap. : 1,50,000 tpa).
  • Sponge iron is a substitute for scrap which is used as a raw material in electric arc furnaces / induction furnaces.
  • It has a technical collaboration with Lurgi, Germany, for technical know-how. In Aug.'90, the company came out with a rights issue.
  • The company's net worth eroded more than 50% from the peak during the last four financial years, as a result, it was referred to BIFR and was declared sick.
  • IFCI has been appointed as the operating agency, for preparing a rehabilitation scheme.

FAQs for Bihar Sponge Iron Ltd Share Price History

What are the key events that typically impact Bihar Sponge Iron Ltd's share price history?

Key events that impact Bihar Sponge Iron Ltd’s share price history include quarterly earnings releases, product launches, leadership changes, economic policies, and geopolitical developments.

How do stock splits affect Bihar Sponge Iron Ltd's share price history?

Stock splits reduce the nominal price of Bihar Sponge Iron Ltd's shares by increasing the number of outstanding shares, which typically makes the stock more accessible to a broader range of investors. Although the total market value of the company remains unchanged after the split, the split can affect investor perception and liquidity, potentially influencing the share price in the longer term.

How do dividends impact the share price history of Bihar Sponge Iron Ltd?

Dividends can influence Bihar Sponge Iron Ltd's share price history by typically causing a temporary dip on the ex-dividend date, as the stock price often adjusts to reflect the dividend payout. Over time, the impact of dividends on the share price may be offset by the company's overall financial performance and market conditions.

How do corporate announcements affect Bihar Sponge Iron Ltd’s share price history?

Corporate announcements such as mergers, acquisitions, or strategic shifts can lead to significant price changes. Any optimistic development news on Bihar Sponge Iron Ltd generally boosts the company’s share price, whereas negative news can lead to a decline in share price.

How can I use technical analysis to understand Bihar Sponge Iron Ltd’s share price history?

To understand Bihar Sponge Iron Ltd’s share price history using technical analysis, examine charts for patterns such as trends, support, and resistance levels, and apply indicators like moving averages or Relative Strength Index (RSI) to gauge potential future movements. Analyze historical data to identify recurring trends and signals that might suggest how the share price could behave under similar conditions.
Disclaimer: This information provided above is for informational purposes only and does not constitute investment advice. We use third-party data and recommend conducting thorough research and consulting a certified financial advisor before making investment decisions. We do not endorse specific stocks. Make decisions based on your own research and professional guidance.
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