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BIHARSPONG
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Share Price
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Forensics
- 5D
- 1M
- 6M
- YTD
- 1Y
- 5Y
- MAX
This data is currently unavailable for this company.
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Summary
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Revenue Mix
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Revenue Mix
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Recent events
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News
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Corporate Actions
Bihar Sponge Iron Sept-Qtr Profit Falls
Nov 6 (Reuters) - Bihar Sponge Iron Ltd BHSP.BO:
BIHAR SPONGE IRON LTD SEPT-QUARTER PROFIT 11.4 MILLION RUPEES VERSUS 32.1 MILLION RUPEES
BIHAR SPONGE IRON LTD SEPT-QUARTER NET REVENUE FROM OPERATIONS 737.4 MILLION RUPEES VERSUS 1.3 BILLION RUPEES
Source text for Eikon: ID:nBSEbpsf0b
Further company coverage: BHSP.BO
(([email protected];))
Nov 6 (Reuters) - Bihar Sponge Iron Ltd BHSP.BO:
BIHAR SPONGE IRON LTD SEPT-QUARTER PROFIT 11.4 MILLION RUPEES VERSUS 32.1 MILLION RUPEES
BIHAR SPONGE IRON LTD SEPT-QUARTER NET REVENUE FROM OPERATIONS 737.4 MILLION RUPEES VERSUS 1.3 BILLION RUPEES
Source text for Eikon: ID:nBSEbpsf0b
Further company coverage: BHSP.BO
(([email protected];))
Events:
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Popular questions
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Business
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Financials
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Shareholdings
What does Bihar Sponge Iron do?
Bihar Sponge Iron Limited (BSIL) is the first merchant sponge iron plant in India, producing Direct Reduced Iron for steel production using indigenous resources.
Who are the competitors of Bihar Sponge Iron?
Bihar Sponge Iron major competitors are KIC Metalik, Suraj Products, Jayaswal Neco Inds, Jai Balaji Inds, Godawari Power & Isp, Jindal Steel & Power, Nagpur Power & Inds.. Market Cap of Bihar Sponge Iron is ₹122 Crs. While the median market cap of its peers are ₹3,570 Crs.
Is Bihar Sponge Iron financially stable compared to its competitors?
Bihar Sponge Iron seems to be less financially stable compared to its competitors. Altman Z score of Bihar Sponge Iron is -0.42 and is ranked 8 out of its 8 competitors.
Does Bihar Sponge Iron pay decent dividends?
The company seems to be paying a very low dividend. Investors need to see where the company is allocating its profits. Bihar Sponge Iron latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%
How has Bihar Sponge Iron allocated its funds?
Companies resources are allocated to majorly unproductive assets like Inventory
How strong is Bihar Sponge Iron balance sheet?
Bihar Sponge Iron balance sheet is weak and might have solvency issues
Is the profitablity of Bihar Sponge Iron improving?
The profit is oscillating. The profit of Bihar Sponge Iron is ₹11.53 Crs for TTM, ₹7.44 Crs for Mar 2024 and ₹12.14 Crs for Mar 2023.
Is the debt of Bihar Sponge Iron increasing or decreasing?
Yes, The debt of Bihar Sponge Iron is increasing. Latest debt of Bihar Sponge Iron is ₹110 Crs as of Sep-24. This is greater than Mar-24 when it was ₹84.41 Crs.
Is Bihar Sponge Iron stock expensive?
Bihar Sponge Iron is not expensive. Latest PE of Bihar Sponge Iron is 10.54, while 3 year average PE is 11.89. Also latest EV/EBITDA of Bihar Sponge Iron is 0.0 while 3yr average is 171.
Has the share price of Bihar Sponge Iron grown faster than its competition?
Bihar Sponge Iron has given lower returns compared to its competitors. Bihar Sponge Iron has grown at ~16.27% over the last 10yrs while peers have grown at a median rate of 19.95%
Is the promoter bullish about Bihar Sponge Iron?
Promoters stake in the company seems stable, and we need to go through filings and allocation of resources to gauge promoter bullishness. Latest quarter promoter holding in Bihar Sponge Iron is 69.23% and last quarter promoter holding is 69.23%.
Are mutual funds buying/selling Bihar Sponge Iron?
The mutual fund holding of Bihar Sponge Iron is stable. The current mutual fund holding in Bihar Sponge Iron is 0.07% while previous quarter holding is 0.07%.