1Y Annualised Return
▼-31.34%
3Y Annualised Return
▲18.34%
5Y Annualised Return
▲75.69%
10Y Annualised Return
▲19.26%
Bihar Sponge Iron Stock Performance
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Bihar Sponge Iron Company background
Founded in: 1982
Incorporated at Patna, Bihar, on 16 April, 1982, Bihar Sponge Iron Limited 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 Ltd. (BSIDC) and Lurgi, Germany. It is the first merchant sponge iron plant in India. The plant is located in Saraikela Kharsawan, Jharkhand.The Company produces sponge iron from three kilns with an installed capacity of 2,10,000 MT per annum. The Companys primary product, sponge iron, is a high quality pre reduced ferrous material and, therefore, is preferred to most other materials in place of steel scrap by secondary steel producers operating induction and electric arc furnaces for producing long products for meeting the demand of the construction and infrastructure sectors.The Plant started commercial operations in 1989. 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 was appointed as the operating agency, for preparing a rehabilitation scheme.The Company commissioned 5 MW Captive Power Plant in 200203. The Company had entered into a Facility User Agreement dated 30.12.2020 with Vanraj Steels Private Limited, Mr. Manoj Kumar Agarwal and Parasnath Advisory Private Limited. After complete overhauling and renovation work of the plant as well as the railway siding, the possession of the same has been handed over to M/s. Vanraj Steels Private Limited on 12th January, 2022.Now the plant is in operation, and with the restart of the plant, the Company has started earning revenue. The Company from the existing power plant generates 5 MW of power based on 80% Dolo Char + 20% Coal Fine, being produced in the manufacturing of sponge iron. Due to high price of coal, power generation cost is very high. To control the overhead cost, company has taken 3 MW power connection from Jharkhand State Electricity Board.
As of 19 Aug, 2025, Bihar Sponge Iron share price is ₹14.3. The stock opened at ₹14.7 and had closed at ₹14.4 the previous day. During today’s trading session, Bihar Sponge Iron share price moved between ₹14.10 and ₹14.70, with an average price for the day of ₹14.40. Over the last 52 weeks, the stock has recorded a low of ₹10.20 and a high of ₹26.77. In terms of performance, Bihar Sponge Iron share price has increased by 22.1% over the past six months and has declined by 31.34% over the last year.
Bihar Sponge Iron SIP Return Calculator
Over the past
1 year
3 years
5 years
Total Investment of ₹65,00,000
Would have become ₹55,76,150 (-14.21%)
Daily SIP of ₹25,000 would have become ₹55,76,150 in 1 year with a gain of ₹-9,23,849 (-14.21%)
Bihar Sponge Iron Fundamental
Market Cap (in crs)
128.90
Face Value
10
Turnover (in lacs)
1.61
Key Metrics
Qtr Change %
46.62% Fall from 52W High
14.9
Dividend yield 1yr %
0
Bihar Sponge Iron Technical Analysis
Moving Averages Analysis
Moving Averages Analysis
14.31
Current Price
5Day EMA
14.40
10Day EMA
14.60
12Day EMA
14.60
20Day EMA
14.90
26Day EMA
15.00
50Day EMA
15.00
100Day EMA
14.80
200Day EMA
14.90
5Day SMA
14.50
10Day SMA
14.40
20Day SMA
15.00
30Day SMA
15.80
50Day SMA
15.40
100Day SMA
14.00
150Day SMA
14.10
200Day SMA
14.70
Delivery & Volume
| Period | Combined Delivery Volume | NSE+BSE Traded Volume |
|---|---|---|
Day Rs | 11263 Rs | 11263 Rs |
Week Rs | 20807 Rs | 20807 Rs |
Month Rs | 21488 Rs | 21488 Rs |
Resistance & Support
14.36
Pivot
Resistance
First Resistance
14.63
Second Resistance
14.96
Third Resistance
15.23
Support
First Support
14.03
Second support
13.76
Third Support
13.43
Relative Strength Index
39.90
Money Flow Index
24.90
MACD
-0.40
MACD Signal
-0.33
Average True Range
0.99
Average Directional Index
15.60
Rate of Change (21)
-17.59
Rate of Change (125)
-0.28
Bihar Sponge Iron Peer comparison
| Index Name | Market Price | Market Cap | 52W Low | 52W High | Prev. Close | 1W Return | 1M Return | 6M Return | 1Y Return | 3Y Return | Dividend Yield | PE Ratio | Industry PE | PB Ratio |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
15.57 | 132.46 | 14.37 | 31.18 | 15.97 | -0.70% | -7.20% | -20.66% | -19.56% | 87.83% | 0.00% | 0.00 | 25.02 | 3.42 | |
8.07 | 113.40 | 5.65 | 12.5 | 7.92 | -2.21% | -11.44% | 17.55% | -13.46% | 32.83% | 0.00% | 33.04 | 25.02 | -0.45 | |
265.00 | 134.67 | 235 | 539.85 | 275.90 | -4.62% | -10.68% | -5.05% | -50.89% | 291.29% | 0.00% | 27.44 | 25.02 | 2.28 | |
34.94 | 121.72 | 29.2 | 56 | 34.95 | 0.56% | -2.03% | -1.18% | -18.18% | -19.98% | 0.00% | 0.00 | 25.02 | 0.70 | |
104.95 | 137.09 | 87 | 171.05 | 107.90 | -7.31% | -12.13% | -13.51% | -27.15% | 71.98% | 0.00% | 0.00 | 22.10 | 1.69 | |
Shri Hare-Krishna Sponge Iron Ltd. | 59.20 | 59.20 | - | - | - | - | - | - | - | - | - | - | - | - |
Bihar Sponge Iron Share Price FAQs
How has Bihar Sponge Iron shares performed in the past ?
Bihar Sponge Iron share price in the past 1-year return was -30.49. The Bihar Sponge Iron share hit a 1-year low of Rs. 10.2 and a 1-year high of Rs. 26.77.
What is the market cap of Bihar Sponge Iron ?
The market cap of Bihar Sponge Iron is Rs. 128.9 Cr. as of 19/8/2025.
What is the current P/E ratio of Bihar Sponge Iron ?
The PE ratios of Bihar Sponge Iron is 14.58 as of 19/8/2025.
What is the current PB ratio of Bihar Sponge Iron ?
The PB ratios of Bihar Sponge Iron is -1.49 as of 19/8/2025
What is the Mutual Fund shareholding in Bihar Sponge Iron ?
The Mutual Fund Shareholding in Bihar Sponge Iron was 0.07% at the end of 19/8/2025.
How to buy Bihar Sponge Iron shares?
You can easily buy Bihar Sponge Iron shares in Kotak Securities by opening a demat account and getting the KYC documents verified online.
What is the 52-week high and low of Bihar Sponge Iron ?
The 52-week high and low of Bihar Sponge Iron share price is ₹26.77 and ₹10.2 as of 19/8/2025.
Please be aware that Bihar Sponge Iron stock prices are subject to continuous fluctuations due to various factors.
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