Equity Capital: -75.33 Cr FV: 10.00
|Period||MF Net Purchase / (sold)||FII Net|
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.
Umesh Nagar Chandil, Dist Saraikela, Kharsawan, Jharkhand, 832401
Beetal Fin.&Computer Ser.P Ltd
|AGM Date (Month)||:||Sep|
|Face Value Equity Shares||:||10|
|Market Lot Equity Shares||:||1|
|Book Closure Date (Month)||:||Sep|
You can buy Bihar Sponge Iron Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy Bihar Sponge Iron Ltd Share.
Company share prices and volatile and keep changing according to the market conditions. As of Jun 05, 2023 04:01 PM the closing price of Bihar Sponge Iron Ltd was ₹ 9.43.
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 Jun 05, 2023 04:01 PM, the market cap of Bihar Sponge Iron Ltd stood at ₹ 85.06.
The latest PE ratio of Bihar Sponge Iron Ltd as of Jun 05, 2023 04:01 PM is 6.92
The latest PB ratio of Bihar Sponge Iron Ltd as of Jun 05, 2023 04:01 PM is -1.24
The 52-week high of Bihar Sponge Iron Ltd is ₹ 11.79 while the 52-week low is ₹ 7.71