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VRAJ
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Share Price
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Forensics
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- 6M
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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
Vraj Iron And Steel Wins Coal Linkage Auction
Feb 21 (Reuters) - Vraj Iron and Steel Ltd VRAJ.NS:
VRAJ IRON AND STEEL LTD - WINNING OF COAL LINKAGE AUCTION
VRAJ IRON AND STEEL LTD - WINS 78,000 MT P.A. COAL LINKAGES FROM FIVE DIFFERENT COLLIERIES
Source text: ID:nBSE2qRb68
Further company coverage: VRAJ.NS
(([email protected];;))
Feb 21 (Reuters) - Vraj Iron and Steel Ltd VRAJ.NS:
VRAJ IRON AND STEEL LTD - WINNING OF COAL LINKAGE AUCTION
VRAJ IRON AND STEEL LTD - WINS 78,000 MT P.A. COAL LINKAGES FROM FIVE DIFFERENT COLLIERIES
Source text: ID:nBSE2qRb68
Further company coverage: VRAJ.NS
(([email protected];;))
India's Vraj Iron and Steel rises as sponge iron plant commences ops
** Shares of Vraj Iron and Steel VRAJ.NS climb 2.6% to 228.38 rupees
** Co starts operations at its sponge iron plant, part of its expansion project, in Chhattisgarh
** Co received environment clearance for expanding the plant earlier this month; stock jumped 6.4% then
** Power equipment to start commercial production next quarter, co says
** Vols at more than twice the 30-day avg of 157,000 shares
** Including session gains, stock trims losses since listing on July 3 to 9.4%
(Reporting by Kashish Tandon in Bengaluru)
** Shares of Vraj Iron and Steel VRAJ.NS climb 2.6% to 228.38 rupees
** Co starts operations at its sponge iron plant, part of its expansion project, in Chhattisgarh
** Co received environment clearance for expanding the plant earlier this month; stock jumped 6.4% then
** Power equipment to start commercial production next quarter, co says
** Vols at more than twice the 30-day avg of 157,000 shares
** Including session gains, stock trims losses since listing on July 3 to 9.4%
(Reporting by Kashish Tandon in Bengaluru)
Vraj Iron And Steel Starts Commercial Operations Of Bilaspur Sponge Iron Plant
Dec 23 (Reuters) - Vraj Iron and Steel Ltd VRAJ.NS:
VRAJ IRON AND STEEL - STARTED COMMERCIAL OPERATIONS OF BILASPUR SPONGE IRON PLANT
VRAJ IRON AND STEEL - TO ACHIEVE COMMERCIAL PRODUCTION OF POWER PLANT NEXT QUARTER
Source text: ID:nNSE97ByBw
Further company coverage: VRAJ.NS
(([email protected];;))
Dec 23 (Reuters) - Vraj Iron and Steel Ltd VRAJ.NS:
VRAJ IRON AND STEEL - STARTED COMMERCIAL OPERATIONS OF BILASPUR SPONGE IRON PLANT
VRAJ IRON AND STEEL - TO ACHIEVE COMMERCIAL PRODUCTION OF POWER PLANT NEXT QUARTER
Source text: ID:nNSE97ByBw
Further company coverage: VRAJ.NS
(([email protected];;))
India's Vraj Iron and Steel rises on environmental clearance for project
** Shares of Vraj Iron and Steel VRAJ.NS rise to nearly five-week high of 6.4% to 242.8 rupees ($2.86), last up 4.06%
** Co receives consent to expand the Sponge Iron and Power Plant in central India's Chhattisgarh from the state's environment conservation board
** As of 10:50 a.m. IST, more than 230,000 shares changed hands, 2x the 30-day average volume
** Stock has fallen ~9% as of last close since its trading debut on July 3
($1 = 84.8630 Indian rupees)
(Reporting by Ananta Agarwal in Bengaluru)
** Shares of Vraj Iron and Steel VRAJ.NS rise to nearly five-week high of 6.4% to 242.8 rupees ($2.86), last up 4.06%
** Co receives consent to expand the Sponge Iron and Power Plant in central India's Chhattisgarh from the state's environment conservation board
** As of 10:50 a.m. IST, more than 230,000 shares changed hands, 2x the 30-day average volume
** Stock has fallen ~9% as of last close since its trading debut on July 3
($1 = 84.8630 Indian rupees)
(Reporting by Ananta Agarwal in Bengaluru)
Vraj Iron And Steel Got Consent To Operate Expansion Project
Dec 10 (Reuters) - Vraj Iron and Steel Ltd VRAJ.NS:
GOT CONSENT TO OPERATE EXPANSION PROJECT
CONSENT FOR EXPANSION FROM CHHATTISGARH ENVIRONMENT CONSERVATION BOARD
Source text: [ID:]
Further company coverage: VRAJ.NS
(([email protected];))
Dec 10 (Reuters) - Vraj Iron and Steel Ltd VRAJ.NS:
GOT CONSENT TO OPERATE EXPANSION PROJECT
CONSENT FOR EXPANSION FROM CHHATTISGARH ENVIRONMENT CONSERVATION BOARD
Source text: [ID:]
Further company coverage: VRAJ.NS
(([email protected];))
Vraj Iron And Steel Enters Into Agreement With NMDC For Procurement Of Iron Ore Lump For 3 Years
Oct 8 (Reuters) - Vraj Iron And Steel Ltd VRAJ.NS:
ENTERED INTO AGREEMENT WITH NMDC FOR PROCUREMENT OF IRON ORE LUMP FOR 3 YEARS
Source text for Eikon: ID:nNSE1cCWb6
Further company coverage: NMDC.NS
(([email protected];;))
Oct 8 (Reuters) - Vraj Iron And Steel Ltd VRAJ.NS:
ENTERED INTO AGREEMENT WITH NMDC FOR PROCUREMENT OF IRON ORE LUMP FOR 3 YEARS
Source text for Eikon: ID:nNSE1cCWb6
Further company coverage: NMDC.NS
(([email protected];;))
India's Vraj Iron and Steel jumps 22% in debut trade
** Shares of Vraj Iron and SteelVRAJ.NS jump 21.7% at 252 rupees on first day of trading
** VRAJ, which makes sponge iron and TMT bars, opened at 240 rupees, a near 16% premium to IPO price of 207 rupees
** VRAJ's IPO -- of fresh shares worth 1.71 bln rupees ($20.5 mln) -- was oversubscribed 119x, per exchange data
** VRAJ to use proceeds for plant expansion, other general costs
** Co's profit jumped nearly 90%, while its rev rose 24.5% in year-ended March, 2023
** Allied Blenders and Distillers ALLE.NS rose nearly 13% in its debut on Tuesday
($1 = 83.5025 Indian rupees)
(Reporitng by Nishit Navin)
(([email protected];))
** Shares of Vraj Iron and SteelVRAJ.NS jump 21.7% at 252 rupees on first day of trading
** VRAJ, which makes sponge iron and TMT bars, opened at 240 rupees, a near 16% premium to IPO price of 207 rupees
** VRAJ's IPO -- of fresh shares worth 1.71 bln rupees ($20.5 mln) -- was oversubscribed 119x, per exchange data
** VRAJ to use proceeds for plant expansion, other general costs
** Co's profit jumped nearly 90%, while its rev rose 24.5% in year-ended March, 2023
** Allied Blenders and Distillers ALLE.NS rose nearly 13% in its debut on Tuesday
($1 = 83.5025 Indian rupees)
(Reporitng by Nishit Navin)
(([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 Vraj Iron & Steel do?
Vraj Iron and Steel is engaged in manufacturing of Sponge Iron, M.S. Billets, and TMT bars under the brand Vraj. The company’s product offerings such as Sponge Iron, TMT Bar, MS Billets and by-products Dolochar, Pellet and Pig Iron cater to a mix of customers that consist of industrial customers and end-users. It sells its products directly as well as through brokers / dealers.
Who are the competitors of Vraj Iron & Steel?
Vraj Iron & Steel major competitors are Bedmutha Industries, Azad India Mobility, Supershakti Metaliks, Mangalam Worldwide, Geekay Wires, Visa Steel, Mahamaya Steel Inds. Market Cap of Vraj Iron & Steel is ₹540 Crs. While the median market cap of its peers are ₹426 Crs.
Is Vraj Iron & Steel financially stable compared to its competitors?
Vraj Iron & Steel seems to be financially stable compared to its competitors. The probability of it going bankrupt or facing a financial crunch seem to be lower than its immediate competitors.
Does Vraj 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. Vraj Iron & Steel latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%
How has Vraj Iron & Steel allocated its funds?
Companies resources are majorly tied in miscellaneous assets
How strong is Vraj Iron & Steel balance sheet?
Balance sheet of Vraj Iron & Steel is strong. It shouldn't have solvency or liquidity issues.
Is the profitablity of Vraj Iron & Steel improving?
The profit is oscillating. The profit of Vraj Iron & Steel is ₹44.54 Crs for TTM, ₹57.41 Crs for Mar 2024 and ₹54 Crs for Mar 2023.
Is the debt of Vraj Iron & Steel increasing or decreasing?
The debt of Vraj Iron & Steel is decreasing. Latest debt of Vraj Iron & Steel is -₹54.64 Crs as of Sep-24. This is less than Mar-24 when it was -₹18.35 Crs.
Is Vraj Iron & Steel stock expensive?
Vraj Iron & Steel is not expensive. Latest PE of Vraj Iron & Steel is 11.52, while 3 year average PE is 12.67. Also latest EV/EBITDA of Vraj Iron & Steel is 7.61 while 3yr average is 9.47.
Has the share price of Vraj Iron & Steel grown faster than its competition?
There is not enough historical data for the companies share price.
Is the promoter bullish about Vraj 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 Vraj Iron & Steel is 74.96% and last quarter promoter holding is 74.96%.
Are mutual funds buying/selling Vraj Iron & Steel?
There is Insufficient data to gauge this.