Bihar Sponge Iron Performance
Fundamentals of Bihar Sponge Iron
|P/E Ratio (TTM)||NA|
|Debt to Equity||NA|
Financials of Bihar Sponge Iron
Financials data is not available for Bihar Sponge Iron. Please visit after some time.
About Bihar Sponge Iron
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. Read More
|Stocks||Market Cap (cr)||Market Price (₹)||52 Week Low-High (₹)|
|Srikalahasthi Pipes Ltd(Merged)||₹939.34||
|200 - 205.3|
|Steelco Gujarat Ltd||₹7.49||
|1.1 - 1.25|
|Jindal Saw Ltd||₹14,751.86||
|454.5 - 468.5|
|Ahlada Engineers Ltd||₹147.36||
|113.5 - 116.05|
|Grand Foundry Ltd||₹27.69||
|7.55 - 7.55|
What is the Share price of Bihar Sponge Iron (BIHARSPONG)?
Can I buy Bihar Sponge Iron (BIHARSPONG) shares?
How do I buy Bihar Sponge Iron (BIHARSPONG) from Angel One?
- Direct investment: You can buy Bihar Sponge Iron (BIHARSPONG) shares by opening a Demat account with Angel One.
- Indirect investment: The indirect method involves investing through ETFs and Mutual Funds that offer exposure to Bihar Sponge Iron (BIHARSPONG) shares.