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Market Capitalization of Bihar Sponge Iron Ltd

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Bihar Sponge Iron Ltd

NSE: BIHARSPONG

Market Cap

₹ 116.55 crore

Last updated on: Feb 21, 2025

Key Highlights

  • The Market Cap of Bihar Sponge Iron Ltd is ₹ 116.55 crore as of 21 Feb 25 .
  • The Latest Trading Price of Bihar Sponge Iron Ltd is ₹ 12.92 as of 21 Feb 15:30 .
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Bihar Sponge Iron Ltd

NSE: BIHARSPONG

Share Price

₹ 12.92

0.42 (3.36%)

stock direction

Last updated on: Feb 21, 2025

Market Price of Bihar Sponge Iron Ltd

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Monitoring Bihar Sponge Iron Ltd share price can help you stay informed about potential market shifts and opportunities. *All values are in Rupees.

Last Ten Days Market Price

Date
leftPrice (₹)right
21 Feb 202512.92
20 Feb 202512.5
19 Feb 202512.18
18 Feb 202511.7
17 Feb 202512.83
14 Feb 202512.91
13 Feb 202514.33
12 Feb 202513.98
11 Feb 202514.58
10 Feb 202514.59

SWOT Analysis Of Bihar Sponge Iron Ltd

Strength

1

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Weakness

1

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Opportunity

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Threats

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BlinkX Score for Bihar Sponge Iron Ltd

Asset Value vs Market Value of Bihar Sponge Iron Ltd

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Asset Value

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* All values are in ₹ crores

Competitive Comparison of Market Cap

Key Valuation Metric of Bihar Sponge Iron Ltd

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Historical P/E Ratio of Bihar Sponge Iron Ltd

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* All values are in %

Historical Revenue of Bihar Sponge Iron Ltd

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* All values are in crore

Historical EBITDA of Bihar Sponge Iron Ltd

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* All values are in crore

Historical Net Profit of Bihar Sponge Iron Ltd

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* All values are in crore

Dividend Payout Over Time

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About Bihar Sponge Iron Ltd

  • Incorporated at Patna, Bihar, on 16 April, 1982, Bihar Sponge Iron Limited 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 Ltd. (BSIDC) and Lurgi, Germany.
  • It is the first merchant sponge iron plant in India.
  • The plant is located in Saraikela Kharsawan, Jharkhand. The company produces sponge iron from iron ore (inst. cap. : 1,50,000 tpa).
  • Sponge iron is used as a raw material for making steel in electric arc furnaces and induction furnaces, substituting and supplementing indigenous and imported scrap..
  • It has a technical collaboration with Lurgi, Germany, for technical know-how. The Plant started commercial operations in 1989.

Bihar Sponge Iron Ltd News Hub

Bihar Sponge Iron standalone net profit rises 442.65% in the June 2024 quarter

Net profit of Bihar Sponge Iron rose 442.65% to Rs 3.69 crore in the quarter ended June 2024 as agai

Read more

14 Aug 24

Bihar Sponge Iron to declare Quarterly Result

Bihar Sponge Iron will hold a meeting of the Board of Directors of the Company on 14 August 2024. Po

Read more

09 Aug 24

Bihar Sponge Iron schedules AGM

Bihar Sponge Iron announced that the Annual General Meeting (AGM) of the company will be held on 28

Read more

17 Sept 24

Bihar Sponge Iron schedules AGM

Bihar Sponge Iron announced that the Annual General Meeting (AGM) of the company will be held on 28

Read more

18 Sept 24

Product Composition by Percentage (Revenue)

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Annual Reports

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FAQs for Bihar Sponge Iron Ltd Market Cap

What is the market cap of Bihar Sponge Iron Ltd?

As of February 22, 2025, Bihar Sponge Iron Ltd has a market capitalization of ₹116.55, however, this figure is subject to change due to fluctuations in its stock price and market conditions.

What factors influence Bihar Sponge Iron Ltd's market capitalization?

Bihar Sponge Iron Ltd's market capitalization is influenced by factors such as its financial performance, and the company’s ability to innovate and adapt to market trends. Moreover, macroeconomic factors like economic conditions, currency fluctuations, and global automotive industry trends also affect its market capitalization.

Can market capitalization be used to predict future stock performance of Bihar Sponge Iron Ltd?

Market capitalization alone is not a reliable predictor of future stock performance, as it reflects the current value of a company's equity rather than its future potential. To forecast %s's future stock performance, investors should consider additional factors such as financial health, growth prospects, industry trends, and broader economic conditions.

How often does Bihar Sponge Iron Ltd's market capitalization change?

Bihar Sponge Iron Ltd's market capitalization can change frequently, within a single trading day, due to fluctuations in stock price. These changes are influenced by market conditions, investor sentiment, company performance, and broader economic factors. Therefore, tracking its market capitalization requires continuous monitoring of stock price movements and related financial news.
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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