SARDA ENERGY & MINERALS LTD. SHARE PRICE [LIVE]

BSE: INE385C01013   NSE: SARDAEN   SECTOR: Iron and Steel

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858.05
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Name Mar 21 Dec 20

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Frequently Asked Questions

What is the Share price of SARDA ENERGY & MINERALS LTD. (SARDAEN)?

SARDA ENERGY & MINERALS LTD. (SARDAEN) share price as of August 9, 2022, on NSE is Rs 858.05 (NSE) and Rs 857.55 (BSE) on BSE.

Can I buy SARDA ENERGY & MINERALS LTD. (SARDAEN) shares?

Yes, You can buy SARDA ENERGY & MINERALS LTD. (SARDAEN) shares by opening a Demat account with Angel One.

How do I buy SARDA ENERGY & MINERALS LTD. (SARDAEN) from Angel One?

SARDA ENERGY & MINERALS LTD. (SARDAEN) share can be brought through the following modes:
  1. Direct investment: You can buy SARDA ENERGY & MINERALS LTD. (SARDAEN) shares by opening a Demat account with Angel One.
  2. Indirect investment: The indirect method involves investing through ETFs and Mutual Funds that offer exposure to SARDA ENERGY & MINERALS LTD. (SARDAEN) shares.

In which sector do SARDA ENERGY & MINERALS LTD. (SARDAEN) belong?

SARDA ENERGY & MINERALS LTD. (SARDAEN) belongs to Iron and Steel.

About SARDAEN

Today's live share price for SARDA ENERGY & MINERALS LTD. is NSE: ₹ 858.05, BSE: ₹ 857.55 with a current market capitalization of .

Earlier known as Raipur Wires & Steel, Raipur Alloys & Steel was promoted in Dec.'77 by the Tejpaul group, Bombay. The Sanda group purchased it in 1979 and renamed it Raipur Alloys & Steel in 1985. It produces sponge iron, for its captive use to convert it into rolled products for sale. The company came out with an issue of fully convertible debentures in Dec.'92 to part-finance the sponge iron project and meet part of the long-term working capital requirements. The products of the company, mild steel and carbon steel billets, are used by re-rollers. To make its sponge iron plant self-sufficient, it has identified areas in Madhya Pradesh having good deposits of iron ore and has applied for leases in these areas. This will reduce the cost of iron ore, resulting in a lower cost of sponge iron. The company started commercial production in the second kiln in its sponge iron plant, from Sep.'95. During 1997-98, the Indian Bureau of Mines, Govt. of India has granted its approval to the company for mining lease in 100 hectares in Dongarbor in Rajnandgaon district of M.P. In 1998-99, the Company applied for additional area of about 125 Hectares for iron ore mining and expects to get Prospecting License in the near future. It has received mining lease for iron ore in 2001-02. The company has planned for major expansion of both sponge iron and Steel in the near future. With the prior approval the company has alloted 65,40,000 Equity shares on preferential basis to promoters as per SEBI regulations.

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