NOVAIRNSTL
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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
India's Nova Iron And Steel Ltd June-Quarter Net Profit After Tax Falls
Aug 14 (Reuters) - Nova Iron and Steel Ltd NIST.BO:
INDIA'S NOVA IRON AND STEEL LTD JUNE-QUARTER NET PAT 18.2 MILLION RUPEES VERSUS PROFIT 20.8 MILLION RUPEES
NOVA IRON AND STEEL LTD JUNE-QUARTER REVENUE FROM OPERATIONS 1.82 BILLION RUPEES VERSUS 1.86 BILLION RUPEES
Source text for Eikon: ID:nBSE8pKfdP
Further company coverage: NIST.BO
(([email protected];))
Aug 14 (Reuters) - Nova Iron and Steel Ltd NIST.BO:
INDIA'S NOVA IRON AND STEEL LTD JUNE-QUARTER NET PAT 18.2 MILLION RUPEES VERSUS PROFIT 20.8 MILLION RUPEES
NOVA IRON AND STEEL LTD JUNE-QUARTER REVENUE FROM OPERATIONS 1.82 BILLION RUPEES VERSUS 1.86 BILLION RUPEES
Source text for Eikon: ID:nBSE8pKfdP
Further company coverage: NIST.BO
(([email protected];))
Nova Iron And Steel Plant Started From Wednesday After Temporary Shutdown
July 12 (Reuters) - Nova Iron and Steel Ltd NIST.BO:
PLANT HAS BEEN STARTED FROM WEDNESDAY AFTER TEMPORARY SHUTDOWN
Source text for Eikon: ID:nBSE4xl381
Further company coverage: NIST.BO
(([email protected];))
July 12 (Reuters) - Nova Iron and Steel Ltd NIST.BO:
PLANT HAS BEEN STARTED FROM WEDNESDAY AFTER TEMPORARY SHUTDOWN
Source text for Eikon: ID:nBSE4xl381
Further company coverage: NIST.BO
(([email protected];))
Nova Iron And Steel Appoints Birender Bhardwaj As CFO
June 30 (Reuters) - Nova Iron and Steel Ltd NIST.BO:
APPOINTS BIRENDER BHARDWAJ AS CHIEF FINANCIAL OFFICER
Source text for Eikon: ID:nBSE1n7G7n
Further company coverage: NIST.BO
(([email protected];))
June 30 (Reuters) - Nova Iron and Steel Ltd NIST.BO:
APPOINTS BIRENDER BHARDWAJ AS CHIEF FINANCIAL OFFICER
Source text for Eikon: ID:nBSE1n7G7n
Further company coverage: NIST.BO
(([email protected];))
Events:
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Popular questions
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Business
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Financials
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Share Price
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Shareholdings
What does Nova Iron & Steel do?
Nova Iron & Steel is a company engaged in the manufacturing and trading of Iron & Steel products. They specialize in producing Sponge Iron through Direct Reduction of Iron Ore at their plant in Chhattisgarh.
Who are the competitors of Nova Iron & Steel?
Nova Iron & Steel major competitors are Kalana Ispat, Metal Coatings (I), NewMalayalam Steel, Supreme Engineering, Rathi Bars, Deem Roll-Tech, Kridhan Infra. Market Cap of Nova Iron & Steel is ₹51 Crs. While the median market cap of its peers are ₹53 Crs.
Is Nova Iron & Steel financially stable compared to its competitors?
Nova Iron & Steel seems to be less financially stable compared to its competitors. Altman Z score of Nova Iron & Steel is 0.33 and is ranked 6 out of its 8 competitors.
Does Nova Iron & Steel pay decent dividends?
The company seems to be paying a very low dividend. Investors need to see where the company is allocating its profits. Nova Iron & Steel latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%
How has Nova Iron & Steel allocated its funds?
Companies resources are majorly tied in miscellaneous assets
How strong is Nova Iron & Steel balance sheet?
Nova Iron & Steel balance sheet is weak and might have solvency issues
Is the profitablity of Nova Iron & Steel improving?
The profit is oscillating. The profit of Nova Iron & Steel is -₹77.14 Crs for TTM, -₹93.8 Crs for Mar 2024 and -₹1.79 Crs for Mar 2023.
Is the debt of Nova Iron & Steel increasing or decreasing?
Yes, The net debt of Nova Iron & Steel is increasing. Latest net debt of Nova Iron & Steel is ₹405 Crs as of Sep-24. This is greater than Mar-24 when it was ₹394 Crs.
Is Nova Iron & Steel stock expensive?
Nova Iron & Steel is expensive when considering the EV/EBIDTA, however latest PE is < 3 yr avg PE. Latest PE of Nova Iron & Steel is -0.66, while 3 year average PE is 0.94. Also latest EV/EBITDA of Nova Iron & Steel is 58.38 while 3yr average is 23.12.
Has the share price of Nova Iron & Steel grown faster than its competition?
Nova Iron & Steel has given lower returns compared to its competitors. Nova Iron & Steel has grown at ~-45.93% over the last 1yrs while peers have grown at a median rate of -10.91%
Is the promoter bullish about Nova Iron & Steel?
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 Nova Iron & Steel is 44.16% and last quarter promoter holding is 44.16%.
Are mutual funds buying/selling Nova Iron & Steel?
The mutual fund holding of Nova Iron & Steel is stable. The current mutual fund holding in Nova Iron & Steel is 1.32% while previous quarter holding is 1.32%.