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Market Capitalization of Bihar Sponge Iron Ltd

Market Capitalization of Bihar Sponge Iron Ltd

stocks purchased

₹ 0.1 Cr

Volume Transacted

(Nov 25, 2024)

stocks purchased

58.3 K

Stocks Traded

(Nov 25, 2024)

Last Updated on: Nov 25, 2024

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Bihar Sponge Iron Ltd

NSE: BIHARSPONG

Market Cap

₹ 137.47 crore

Last updated on: Nov 22, 2024

Key Highlights

  • The Market Cap of Bihar Sponge Iron Ltd is ₹ 137.47 crore as of 22 Nov 24 .
  • The Market Cap of Bihar Sponge Iron Ltd changed from ₹ 7.85 crore on March 2019 to ₹ 122.95 crore on March 2024 . This represents a CAGR of 58.18% over 6 years.
  • The Latest Trading Price of Bihar Sponge Iron Ltd is ₹ 15.73 as of 25 Nov 11:48 .

Historical Market Cap of Bihar Sponge Iron Ltd

No data available

* All values are in crore

Company Fundamentals for Bihar Sponge Iron Ltd

No data available

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Bihar Sponge Iron Ltd

NSE: BIHARSPONG

Share Price

₹ 15.73

0.49 (3.22%)

stock direction

Last updated on: Nov 25, 2024

Market Price of Bihar Sponge Iron Ltd

1M

1Y

3Y

5Y

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
22 Nov 202415.24
21 Nov 202414.67
19 Nov 202413.98
18 Nov 202414.4
14 Nov 202414.96
13 Nov 202415.25
12 Nov 202415.4
11 Nov 202415.7
08 Nov 202415.72
07 Nov 202415.92

SWOT Analysis Of Bihar Sponge Iron Ltd

Strength

1

S

Weakness

1

W

Opportunity

0

O

Threats

0

T

BlinkX Score for Bihar Sponge Iron Ltd

Revenue

Profitability

Affordability

Liquidity

Dividend

Asset Value vs Market Value of Bihar Sponge Iron Ltd

Market Value

0

Asset Value

0

* All values are in Rupees

Competitive Comparison of Market Cap

Key Valuation Metric of Bihar Sponge Iron Ltd

No data available

No data available

Historical P/E Ratio of Bihar Sponge Iron Ltd

No data available

* All values are in %

Historical Revenue of Bihar Sponge Iron Ltd

No data available

* All values are in crore

Historical EBITDA of Bihar Sponge Iron Ltd

No data available

* All values are in crore

Historical Net Profit of Bihar Sponge Iron Ltd

No data available

* All values are in crore

Dividend Payout 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.

Bihar Sponge Iron Ltd News Hub

News

Bihar Sponge Iron schedules board meeting

Bihar Sponge Iron will hold a meeting of the Board of Directors of the Company on 14 Novem...

Read more

04 Nov 202418:40

News

Bihar Sponge Iron schedules AGM

Bihar Sponge Iron announced that the Annual General Meeting (AGM) of the company will be h...

Read more

18 Sep 202411:10

News

Bihar Sponge Iron schedules AGM

Bihar Sponge Iron announced that the Annual General Meeting (AGM) of the company will be h...

Read more

17 Sep 202417:30

News

Bihar Sponge Iron to declare Quarterly Result

Bihar Sponge Iron will hold a meeting of the Board of Directors of the Company on 14 Augus...

Read more

09 Aug 202414:39

News

Bihar Sponge Iron declare Quarterly Result

Bihar Sponge Iron will hold a meeting of the Board of Directors of the Company on 27 May 2...

Read more

20 May 202416:50

News

Bihar Sponge Iron to conduct board meeting

Bihar Sponge Iron will hold a meeting of the Board of Directors of the Company on 10 Febru...

Read more

03 Feb 202411:57

Product Composition

Document

Annual Reports

N/A

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Credit Ratings

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Concalls

Data not available

FAQs for Bihar Sponge Iron Ltd Market Cap

What is the market cap of Bihar Sponge Iron Ltd?

As of November 25, 2024, Bihar Sponge Iron Ltd has a market capitalization of ₹137.47, 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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