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Current Price
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Stock PE (TTM)
Promoter Holding
Book Value
ROCE
ROE
Incorporated in Apr.`79, Orissa Sponge Iron was promoted in the joint sector by the Industrial Promotion & Investment Corporation of Orissa and Torsteel Research Foundation and its associates. The company`s plant manufactures sponge iron (cap. 1,00,000 tpa) through the direct reduction route by using non-coking coal as reductant. In 1994-95, it implemented a project with a capacity of 60,000 tpa to manufacture billets using its own sponge iron. The company also has a project consultancy division which provides technical consultancy and project engineering services to sponge iron plants. Lloyds Metals & Engineers has adopted the technology provided by OSIL. Sponge iron is a basic input requirement for mini steel plants. It is a substitute for scrap. Clients of the company include Usha Martin Industries, and Bihar Alloy Steels, etc. The company came out with a rights issue in Mar.`95 to part-finance the project of setting up a 65,000-tpa steel billet plants. It has installed a 10-MW power plant utilising waste heat from the sponge iron plant, which has make it self sufficient in power. The company intends to install an additional klin with a capacity of 150000 tonnes of Sponge Iron production per year and also to set up a Steel Billet Plant at Bamra, Dist Sambalpur, Orissa with an installed capacity of 300000 TPA. The company is also setting up a 9 M.W power plant using waste heat of the klin, this will enable the company to reach almost self sufficiency in power requirement of the Steel Billet Plant, but also reduce the power cost. The construction of 10 MW Waste Heat Power Plant based on waste heat from the sponge iron was completed and commercial operation was commenced from July 2001.
Orissa Sponge Iron & Steel share price as on 13 May 2025 is Rs. . Over the past 6 months, the Orissa Sponge Iron & Steel share price has increased by 0% and in the last one year, it has increased by 0%. The 52-week low for Orissa Sponge Iron & Steel share price was Rs. and 52-week high was Rs. .
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You can buy Orissa Sponge Iron & Steel Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy Orissa Sponge Iron & Steel Ltd Share.
Company share prices and volatile and keep changing according to the market conditions. As of the closing price of Orissa Sponge Iron & Steel Ltd was Rs.-.
The latest PE ratio of Orissa Sponge Iron & Steel Ltd as of is 48.11
The latest PB ratio of Orissa Sponge Iron & Steel Ltd as of is 0.00
The 52-week high of Orissa Sponge Iron & Steel Ltd share price is Rs. 0.00 while the 52-week low is Rs. 0.00
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 , the market cap of Orissa Sponge Iron & Steel Ltd stood at Rs. 0.00 Cr.
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