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Balasore Alloys Ltd

Company details

5.97
6.59
0.00
0.00
6M Return -4.44%
1Y Return -43.63%
Mkt Cap.(Cr) 56.18
Volume 239,661
Div Yield 0.00%
OI
-
OI Chg %
-
Volume 239,661

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FINANCIALS

Sales

Operating Profit

Profit after Tax

Equity

Reserves and Surplus

Debt

Sales

Operating Profit

Profit after Tax

PE

Debt/Equity

P BV

COMPARISION

INSIDER & INSTITUIONAL ACTIVITY

Equity Capital: 928.83 Cr FV: 5.00

Period MF Net Purchase / (sold) FII Net
LAST 1M 41.01 -16,297.57
LAST 3M 16,935.72 -4,368.10
LAST 6M 40,997.71 72,693.54
LAST 12M 176,172.92 -109,962.90

INFORMATION

Stock PE (TTM)

0

Promoter Holding

61.44%

Book Value

87.6549

ROCE

4.25%

ROE

0.85%

Description

  • Balasore Alloys Ltd, formerly known as Ispat Alloys (IAL), a part of Ispat Group was incorporated on 31 May `84 as a public limited company and engaged in the business of manufacturing silicon and ferro alloys. In Dec.`87, it came out with a public issue of FCDs, aggregating Rs 99.99 cr to finance its expansion and to strengthen long-term resources. Group companies include P T Ispat Indo, Indonesia, Caribbean Ispat, Nippon Denro Ispat and Ispat Profiles. The company has entered into collaborations with Nippon Denro Manufacturing Company, Japan; Danieli, Italy; Elkem, Norway; and Outokumpu, Finland. The company has commissioned two new furnaces and two imported D G sets. It has set up a Rs 132-cr chrome ore pellet plant at Orissa, a Rs 100-cr project in Tripura and a Rs 624-cr gas-based sponge iron project in Maharashtra. The company is setting up a 1-mtpa hot-strip mill in Lysva, Russia, in a joint venture with Lysva Steel Works (cost : $ 700 mln). It is also engaged in shipping, looked after by Garuda Carriers and Shipping. It is investing $ 5 mln to acquire 41% equity in a Mexican company, Compania Minera Autlan. IAL has received various awards such as the EEPC export award, the HRD and Productivity Award for 1993, awarded by CII. The company has also received the IS 14002/ISO 9002 accreditation from the Bureau of Indian Standards thus establishing its commitments to quality and technological excellence. The company has also increased its captive power generation capacity by installing two new imported DG Set of 10.5 MW each also Company placed order another DG Set of 11.54 MW from MAN B&W. at its works at Balgopalpur, Orissa. Govt. of Orissa has sanctioned for allocation of 50% area of Chorme Ore Mines in Sukinda Valley. Company has plan to start mining in shortest possible period which will alow the company to source its raw material at comparatively cheaper price and the same shall improve the profitability of Company. During the year 1999-2000, the Company implemented installation of most modern Jigging machine resulting in higher metal recovery and yield. In the year 2000-01, the company has successfully commenced chrome mining operations and also taking steps for beneficiation and conversion of chrome ore.

Registered Address

Balgopalpur, , Balasore, Orissa, 756020

Tel : 91-6782-275781-85
Email : mail:balasorealloys.com
Website : http://www.balasorealloys.com

Registrar

MCS Ltd

AGM Date (Month) : Sep
Face Value Equity Shares : 5
Market Lot Equity Shares : 1
BSE Code : 513142
NSE Code : ISPATALLOY
Book Closure Date (Month) : Sep
BSE Group : Z
ISIN : INE135A01024

ICICIdirect Balasore Alloys Ltd FAQ

You can buy Balasore Alloys Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy Balasore Alloys Ltd Share.
Company share prices and volatile and keep changing according to the market conditions. As of Dec 13, 2021 04:00 PM the closing price of Balasore Alloys Ltd was ₹ 6.02.
Market capitalization or market cap is determined by multiplying the current market price of a company’s shares with the total number of shares outstanding. As of Dec 13, 2021 04:00 PM, the market cap of Balasore Alloys Ltd stood at ₹ 56.18.
The latest PE ratio of Balasore Alloys Ltd as of Dec 13, 2021 04:00 PM is 0
The latest PB ratio of Balasore Alloys Ltd as of Dec 13, 2021 04:00 PM is 14.56
The 52-week high of Balasore Alloys Ltd is ₹ 0 while the 52-week low is ₹ 0

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