Bihar Sponge Iron Ltd


1W Return

1M Return

6M Return

1Y Return

3Y Return

The current prices are delayed, login or open an account for live prices.
Start SIP in Bihar Sponge Iron Ltd
Stock Performance
52 Week Low - High
Today’s Low - High


Prev. Close

Total Traded Value

View details of Market Depth

Market Cap (in crs)

Face Value

Turnover (in lacs)

Resistance & Support

Bihar Sponge Iron Ltd Company background

Founded in: 1982
Incorporated at Patna, Bihar, on 16 Apr.82, Bihar Sponge Iron is an IndoGerman 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 knowhow.In Aug.90, the company came out with a rights issue. The companys 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 200203.
Read More

Bihar Sponge Iron Ltd FAQs

The past 1-year return of Bihar Sponge Iron Ltd [BIHARSPONG] share was 77.56. The Bihar Sponge Iron Ltd [BIHARSPONG] share hit a 1-year low of Rs. 8.01 and a 1-year high of Rs. 22.44.

You can easily buy Bihar Sponge Iron Ltd shares in Kotak Securities by opening a demat account and getting the KYC documents verified online.

Open Demat Account
+91 -

Open Demat Account
+91 -