Jun 09, 2023 04:01 PM
Sandur Manganese & Iron Ores Ltd
SECTOR : Mining & Mineral products | BSE :504918 |
Equity Capital: 1,659.22 Cr FV: 10.00
|Period||MF Net Purchase / (sold)||FII Net|
|Sep 20, 2022||Dividend||50|
|Sep 14, 2021||Dividend||100|
Sandur Manganese and Iron Ores (SMIOL) was incorporated in 1954 as a private limited company to take over and develop manganese mines at Deogiri near Sandur, and was converted into a public limited company on 29 Jul.`64 to establish an electro-metallurgical industry at Vyasanakere near Hospet. It is managed by S Y Ghorpade as Chairman and Managing Director. SMIOL is mainly engaged in developing manganese mining, in electro-metallurgical industry and has diversified into electronics and software fields. It has set up a separate electronics division for the manufacture of dot matrix printers with Japanese collaboration and a software division for the development of advanced software systems and training. The company produces about 3 lac tpa of manganese ore through open cast mining. In 1968, SMIOL established its metal and ferro-alloy plant near Hospet with 15-MVA electric reduction furnace for production of pig iron. Subsequently, it added two more furnaces and later started producing ferro manganese. Other group companies are Sandur Investment, Sandur Financial Services, Sandur Laminates, etc. In Jan.`94, SMIOL came out with a rights issue of 18.75 lac equity shares (premium : Rs 35) aggregating Rs 8.44 cr to part-finance the Rs 60-cr 100% EOU project for 1.35 mln sq mtr pa of copper clad laminates in technical collaboration with West Coast Enterprises, US.SMIOL has set up a captive generation capacity of 130 mln units P.a in the 30-MW mini hydel project, and set up a pilot plant designed for beneficiation of 15,000 tonnes of C grade ore and to produce 5000 tpa of ferro manganese grade sinter. The company has been declared sick by BIFR and IDBI was appointed as operating agency during 1999-2000. The company`s 3rd unit of Hydel Power Project was successfully commissioned and 4th and final unit in April,2001.
Lakshmipur, Bellary Dist, Sandur, Karnataka, 583119
Venture Capital & Corp. Inv.
|AGM Date (Month)||:||Sep|
|Face Value Equity Shares||:||10|
|Market Lot Equity Shares||:||1|
|Book Closure Date (Month)||:|
You can buy Sandur Manganese & Iron Ores Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy Sandur Manganese & Iron Ores Ltd Share.
Company share prices and volatile and keep changing according to the market conditions. As of Jun 09, 2023 04:01 PM the closing price of Sandur Manganese & Iron Ores Ltd was ₹ 1,282.15.
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 09, 2023 04:01 PM, the market cap of Sandur Manganese & Iron Ores Ltd stood at ₹ 3,462.57.
The latest PE ratio of Sandur Manganese & Iron Ores Ltd as of Jun 09, 2023 04:01 PM is 12.79
The latest PB ratio of Sandur Manganese & Iron Ores Ltd as of Jun 09, 2023 04:01 PM is 0.56
The 52-week high of Sandur Manganese & Iron Ores Ltd is ₹ 1,414.00 while the 52-week low is ₹ 655.00