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Nova Iron & Steel Ltd share Price Today

Company details

27.45
27.45
8.18
39.69
6M Return 42.60%
1Y Return 209.82%
Mkt Cap.(Cr) 99.20
Volume 42
Div Yield 0.00%
OI
-
OI Chg %
-
Volume 42
BSE

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Nova Iron & Steel Ltd shares SWOT Analysis

Strengths (3)

  • Growth in Net Profit with increasing Profit Margin (QoQ)
  • Growth in Quarterly Net Profit with increasing Profit Margin (YoY)
  • Company with Zero Promoter Pledge

Weakness (4)

  • Inefficient use of capital to generate profits - RoCE declining in the last 2 years
  • Declining Revenue every quarter for the past 3 quarters
  • Declining Net Cash Flow : Companies not able to generate net cash

Opportunity (4)

  • Big Deal (Insider and SAST) buys last month greater than 1% of total shares
  • Turnaround companies- loss to profit QoQ
  • Highest Recovery from 52 Week Low

Threats (1)

  • Increasing Trend in Non-Core Income
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Resistance and support

R1 27.7
R2 27.9
R3 28.3
Pivot

27.36

S1 27.2
S2 26.8
S3 26.6
EMA SMA
27.6
27.7
26.6
23.6
27.4
28.0
27.5
23.2
Delivery and volume
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CLIENT NAME DEAL TYPE ACTION DATE AVG. PRICE QUANTITY EXCHANGE
BHUSHAN POWER AND STEEL LIMITED Block Purchase 2011-06-13 13.8 3500000 BSE
BHUSHAN POWER AND STEEL LIMITED Block Purchase 2011-06-13 14 3200000 BSE
BHUSHAN POWER AND STEEL LIMITED Block Purchase 2011-06-13 14 3081200 BSE
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Name Category Shares
ANIKET SINGAL PROMOTER 12.02%
AROMATIC STEEL PRIVATE LIMITED PROMOTER 9.46%
RGF HOLIDAY RESORTS PVT LTD. PROMOTER 9.22%
RGF REAL ESTATES PRIVATE LIMITED PROMOTER 9.22%
AMBEY STEEL AND POWER PRIVATE LIMITED PROMOTER 2.66%

FINANCIALS

Sales
Operating Profit
Profit after Tax
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Equity
Reserves and Surplus
Debt
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Sales
Operating Profit
Profit after Tax
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PE
Debt/Equity
P BV
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Nova Iron & Steel Ltd Stocks COMPARISON

Financials( ₹ in Cr) Nova Iron & Steel Ltd JSW Steel Ltd Tata Steel Ltd Jindal Steel & Power Ltd Steel Authority of India Ltd
Price 27.45 896.95 168.00 932.15 165.30
% Change -0.33 -0.98 0.18 -1.07 0.21
Mcap ₹ Cr 99.20 219,345.00 209,723.34 95,087.50 68,277.58
Revenue TTM ₹ Cr 698.09 165,960.00 243,352.69 53,211.52 104,447.72
Net Profit TTM ₹ Cr -1.79 4,139.00 8,075.35 3,974.09 2,176.53
PE TTM 8.40 20.46 85.08 17.31 20.16
1 Year Return 209.82 23.72 56.94 61.93 101.71
ROCE 0.00 8.60 12.10 14.17 5.25
ROE 0.00 6.22 7.48 13.27 3.57
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INSIDER & INSTITUTIONAL ACTIVITY

Equity Capital: -52.68 Cr FV: 10.00

Period MF Net Purchase / (sold) FII Net
LAST 1M 20,210.21 -2,288.40
LAST 3M 84,754.55 29,178.29
LAST 6M 143,739.62 78,000.86
LAST 12M 219,616.53 194,185.36

Nova Iron & Steel Ltd Information

Stock PE (TTM)
8.4
Promoter Holding
44.16%
Book Value
-18.1814
ROCE
0%
ROE
0%
Description

  • Nova Iron & Steel Ltd was incorporated in the year 1986. The company was promoted by Nova Magnetics, Nova Electro-Magnetics and Nova Steels, all belonging to R K Gambhir and G K Gambhir of the Nova group. The company is engaged in the manufacture of sponge iron and steel. The company also provides product separation, screening, and storage facilities. During the year 1993-94, the company came out with a public issue of 5,27,00,000 equity shares of Rs 10 each for cash to part finance their sponge iron project at Bilaspur, Madhya Pradesh. In July 15, 1994, the company inaugurated the sponge iron plant at Bilaspur. In September 26, 1994, they started trial production. The company entered into agreement with Nova Steels (India) Ltd for the supply of entire production of sponge iron. During the year 1994-95, the company started selling of their products in the market. The company`s is one of the initial coal-based Sponge Iron Projects in India with the Technical know how from Lurgi Chemie MetaHurgie Industriebau GmbH, Germany. The 12 MW Waste Heat Recovery Based (WHRB) Power Plant and Induction Furnace was installed in 2015-16. 500 TPD Sponge Iron Plant operations started in 2016.

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Registered Address

Village Dagori, Tehsil Belha, Bilaspur, Chattisgarh, 495224

Tel : 91-77-52285217
Email : rai_nisl2007:yahoo.com
Website : http://www.novaironsteel.com
Registrar

Abhibpra Capital Ltd

AGM Date (Month) : Sep
Face Value Equity Shares : 10
Market Lot Equity Shares : 1
BSE Code : 513566
NSE Code : NOVAIRNSTL
Book Closure Date (Month) : Sep
BSE Group : XT
ISIN : INE608C01026

FAQ’s on Nova Iron & Steel Ltd Shares

You can buy Nova Iron & Steel Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy Nova Iron & Steel Ltd Share.

Company share prices and volatile and keep changing according to the market conditions. As of Apr 26, 2024 10:53 AM the closing price of Nova Iron & Steel Ltd was ₹ 27.45.

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 Apr 26, 2024 10:53 AM, the market cap of Nova Iron & Steel Ltd stood at ₹ 99.20.

The latest PE ratio of Nova Iron & Steel Ltd as of Apr 26, 2024 10:53 AM is 8.4

The latest PB ratio of Nova Iron & Steel Ltd as of Apr 26, 2024 10:53 AM is -0.66

The 52-week high of Nova Iron & Steel Ltd share price is ₹ 39.69 while the 52-week low is ₹ 8.18

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