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Fundamentals
Financials
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Resistance/Support
Delivery and Volume
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Management
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Bihar Sponge Iron Ltd Fundamentals

Market Cap
₹ 144.51 Cr
P/E Ratio (TTM)
20.28
P/B Ratio
0.00
Debt to Equity
0.00
ROE
10.65
EPS (TTM)
0.79
Dividend Yield
0.00 %
Book Value
-11.37

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Bihar Sponge Iron Ltd Financials

Bihar Sponge Iron Ltd Financials

Bihar Sponge Iron Ltd Shareholding Pattern

Held By Mar 2024 Dec 2023 Sep 2023 Jun 2023
Promoters 69.23 % 69.23 % 69.23 % 69.23 %
Retail 26.15 % 26.15 % 25.75 % 25.23 %
Others 4.55 % 4.55 % 4.95 % 5.47 %
Mutual Funds 0.07 % 0.07 % 0.07 % 0.07 %
FII 0.00 % 0.00 % 0.00 % 0.00 %

Promoters

69.23%

Retail

26.15%

Others

4.55%

Mutual Funds

0.07%

FII

0.00%

Promoters

69.23%

Retail

26.15%

Others

4.55%

Mutual Funds

0.07%

FII

0.00%

Promoters

69.23%

Retail

25.75%

Others

4.95%

Mutual Funds

0.07%

FII

0.00%

Promoters

69.23%

Retail

25.23%

Others

5.47%

Mutual Funds

0.07%

FII

0.00%

Resistance and Support

₹15.59

PIVOT

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Resistance
First Resistance₹16.547
Second Resistance₹17.073
Third Resistance₹18.027
support-arrow
Support
First Support₹15.067
Second Support₹14.113
Third Support₹13.587

Delivery and Volume

PeriodDelivery Volume Traded Volume Delivery Volume %
Day118,046118,046100.00
Week35,63048,6640.00
1 Month35,63038,0690.00
6 Months13,488,03013,488,030100.00

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. The company is putting up a Captive Power Generating Unit, which will utilise the Coal Fines generated from the operations. The commissioning date of the plant has been changed from April 2001 to March 2002. It has also commissioned 5 MW captive power plant during 2002-03.

Managing Director

1982

Founded

NA

NSE Symbol

BIHARSPONG

Bihar Sponge Iron Ltd Management

NameDesignation
Umesh K ModiChairman & President
Abhishek ModiNon Executive Director
Jayesh ModiNon Executive Director
Kum Kum ModiNon Executive Director
Jagdish Chander ChawlaIndependent Director
Anirudh modiNon Executive Director
Vijay K ModiIndependent Director
Asha AgarwalIndependent Director
Vimal Prasad GuptaCompany Sec. & Compli. Officer
Aditya Kumar ModiWhole-time Director
Salil SethIndependent Director
AJAY KUMAR AGGARWALIndependent Director
Pramod Kumar GuptaIndependent Director

Bihar Sponge Iron Ltd News

Bihar Sponge Iron standalone net profit declines 72.37% in the December 2023 quarter
Sales decline 34.97% to Rs 70.43 crore
Bihar Sponge Iron to conduct board meeting
On 10 February 2024
Bihar Sponge Iron standalone net profit declines 64.49% in the September 2023 quarter
Sales decline 43.30% to Rs 73.74 crore
Bihar Sponge Iron to announce Quarterly Result
On 6 November 2023
Bihar Sponge Iron to convene AGM
On 29 September 2023
Bihar Sponge Iron standalone net profit rises 28.30% in the June 2023 quarter
Sales decline 56.90% to Rs 48.34 crore
Bihar Sponge Iron to hold board meeting
On 11 August 2023
Bihar Sponge Iron standalone net profit rises 60.22% in the March 2023 quarter
Sales rise 85.55% to Rs 112.85 crore
Bihar Sponge Iron schedules board meeting
On 26 May 2023
Bihar Sponge Iron standalone net profit rises 718.00% in the December 2022 quarter
Sales rise 1732.66% to Rs 108.31 crore

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Bihar Sponge Iron Ltd FAQ

By opening a demat account and having your KYC papers confirmed online, you may simply purchase Bihar Sponge Iron Ltd shares in BlinkX

Bihar Sponge Iron Ltd's P/E ratio is 20.28 times as of May 18, 2024 at 04:00 PM.

Bihar Sponge Iron Ltd's most recent financial reports indicate a price-to-book ratio of 0.00, showing the company's stock market valuation in relation to the value of its real assets.

Market capitalisation, often known as market cap, is the market value of all outstanding shares of a publicly listed corporation. Bihar Sponge Iron Ltd's market is 145 Cr as on May 18, 2024 at 04:00 PM.

The current financial records of Bihar Sponge Iron Ltd show a 10.65% ROE, showing great financial performance and effective capital utilisation, making it a significant statistic for investors.

According to Bihar Sponge Iron Ltd's most recent financial filings, the company has a total asset value of Crores, which includes current and non-current assets such as inventory, cash, properties, and equipment.

As of the Mar 2024 quarter, the promoter shareholding in Bihar Sponge Iron Ltd stands at 69.23%. During the same period, Institutional Investors have shown a slight values are equal in their holdings, values are equal from 0.00% to 0.00%.