Sarda Energy & Minerals Ltd

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Stock Performance
52 Week Low - High
Today’s Low - High

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Total Traded Value

View details of Market Depth
Fundamental

Market Cap (in crs)

Face Value

Turnover (in lacs)

Key Metrics
Qtr Change %
73.07% Gain from 52W Low
15.3
TTM PE Ratio
Below industry Median
15.5
Price to Book Ratio
Below industry Median
2
Dividend yield 1yr %
Above industry Median
0.7
TTM PEG Ratio
PEG TTM is negative
-1.2
RSI
RSI is mid-range
47
MFI
MFI is mid-range
65.5

Sarda Energy & Minerals Ltd Key Financials

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*All values are in ₹ Cr.

*All values are in ₹ Cr.

*All values are in ₹ Cr.

*All values are in ₹ Cr.

Sarda Energy & Minerals Ltd shareholding Pattern

Promoter
72.6%
Foreign Institutions
2.7%
Domestic Institutions
3.6%
Public
21%
Promoter
72.6%
Foreign Institutions
2.8%
Mutual Funds
0.1%
Domestic Institutions
3.8%
Public
20.7%
Promoter
72.6%
Foreign Institutions
2.7%
Mutual Funds
0.1%
Domestic Institutions
3.9%
Public
20.7%
Promoter
72.6%
Foreign Institutions
2.6%
Domestic Institutions
3.8%
Public
21%
Promoter
72.6%
Foreign Institutions
2.4%
Mutual Funds
0.2%
Domestic Institutions
3.8%
Public
21.2%
Promoter
72.6%
Foreign Institutions
1.9%
Mutual Funds
0.2%
Domestic Institutions
3.4%
Public
22%
Mutual Funds
0.7%

Sarda Energy & Minerals Ltd Technical Analysis

Moving Averages Analysis
Moving Averages Analysis
Current Price
Bullish Moving Averages
4
Bearish Moving Averages
12
5Day EMA
231.70
10Day EMA
231.10
12Day EMA
231.70
20Day EMA
234.80
26Day EMA
236.20
50Day EMA
236.50
100Day EMA
232.80
200Day EMA
219.10
5Day SMA
231.80
10Day SMA
226.50
20Day SMA
235.90
30Day SMA
246.30
50Day SMA
240.90
100Day SMA
229.40
150Day SMA
234.60
200Day SMA
230.60
Delivery & Volume
Resistance & Support
233.63
Pivot
Resistance
First Resistance
237.24
Second Resistance
242.87
Third Resistance
246.48
Support
First Support
228.00
Second support
224.39
Third Support
218.76
Relative Strength Index
46.96
Money Flow Index
65.54
MACD
-4.51
MACD Signal
-4.94
Average True Range
12.02
Average Directional Index
30.52
Rate of Change (21)
-13.30
Rate of Change (125)
-10.40
Peer comparison
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Company
Market Price
Market Cap
52W Low
52W High
Gallantt Ispat Ltd.
8005.7
56.3
348.35
Indian Metals & Ferro Alloys Ltd.
4155.82
289.2
880
Jayaswal Neco Industries Ltd.
4518.05
21.6
65.4
Maharashtra Seamless Ltd.
9224.66
444.4
1097
Welspun Enterprises Ltd.
6371.88
187.65
497
Kirloskar Ferrous Industries Ltd.
-
-
-

Sarda Energy & Minerals Ltd Company background

Founded in: 1973
Managing director: K K Sarda
Sarda Energy Minerals Ltd (Formerly known as Raipur Alloys Steel Ltd) was established on June 23, 1976. Led by the Tejpaul Group, the Company has integrated steel manufacturing unit with facilities, ferro alloys backed by captive thermal power plant and is presently, engaged in metal, mining and power sector.It operates in the hydropower projects through SPVs.The Sanda Group purchased it in 1979 and renamed it Raipur Alloys Steel in 1985. The Group produces sponge iron, for its captive use to convert it into rolled products for sale. The company came out with an issue of fully convertible debentures in Dec.92 to partfinance the sponge iron project and meet part of the longterm working capital requirements. The products of the company, mild steel and carbon steel billets, are used by rerollers.To make its sponge iron plant selfsufficient, it has identified areas in Madhya Pradesh having good deposits of iron ore and has applied for leases in these areas. This will reduce the cost of iron ore, resulting in a lower cost of sponge iron. The company started commercial production in the second kiln in its sponge iron plant, from Sep.95.During 199798, the Indian Bureau of Mines, Govt. of India has granted its approval to the company for mining lease in 100 hectares in Dongarbor in Rajnandgaon district of M.P. In 199899, the Company applied for additional area of about 125 Hectares for iron ore mining and expects to get Prospecting License in the near future. It has received mining lease for iron ore in 200102. The company has planned for major expansion of both sponge iron and Steel in the near future.With the prior approval the company has alloted 65,40,000 Equity shares on preferential basis to promoters as per SEBI regulations.In 200607, the merger of Chhattisgarh Electricity Company Ltd. and Raipur Gases Pvt. Ltd. with the Company became effective from 1st April 2006. As a result, name of the Company was changed from Raipur Alloys Steel Limited to Sarda Energy Minerals Limited.During 2007, the company promoted a joint venture company M/s. Madanpur South Coal Company Limited, an SPV, for mining of coal block allotted in consortium, where the Company got a share of 36 million tonnes. The Company issued 4473684 Equity Shares of Rs. 10/ each at a premium of Rs.180/ per share on preferential basis to LB India Holdings Mauritus II Ltd. (LB) and Infrastructure Development Finance Company Ltd. (IDFC), thus raising Rs.85 crores to part finance the expansion projects.The Company also issued 263158 Equity Share Warrants, which entitles the warrant holder to subscribe one equity share for each warrant at the same price at which shares have been issued on preferential basis.Sarda Energy Minerals Hongkong Ltd, Hongkong (SEMHK), a whollyowned subsidiary of Company, was incorporated in the year 2007 as international trading and investment arm of the Company.The Company in 2008 enhanced steel production capacity from 1,40,000 TPA to 2,40,000 TPA by installation of two more induction furnaces. Sponge iron production capacity sponge iron production capacity also enhanced from 2,10,000 TPA to 3,60,000 TPA by installation of one more kiln of 500 TPD, which has commenced trial runs. In 2008, the Company incorporated a whollyowned subsidiary in Hong Kong in the name and style of Sarda Energy Minerals Hong Kong Limited (SEMHL). It also incorporated a whollyowned subsidiary in Singapore under the name and style of Sarda Global Venture Pte Limited ((SGV) for business related acquisitions. The subsidiary acquired economic interest in coal mines in Indonesia. During 200809, Company commissioned second 500 TPD sponge iron plant and third turbine of 30 MW capacity and 90 TPH FBC boiler at the existing site. It started work on installation of 1 MT coal washery in coal mines to make it suitable for use in sponge iron plant. The Company installed manganese (Mn) ore sinter plant of 6 lakhs TPA capacity in its ferro alloys plant at Siltara, Raipur, to use more Mn ore fines in production of ferro alloys. In 2010, additional power generation capacity of 20 MW became operational in December 2010. Wire Rod Mill also became operational during 2010. Coal washery started their operation. The 1.8 lac tones Wire Rod Mill at Siltara, Raipur, started commercial operations from 01.01.2011. Wire drawing facility commenced operation the 0.96 million tonne coal washery was commissioned in the financial year 2010. The Company acquired sufficient land for the proposed 350 MW thermal power project at Kolam, Raigarh near its captive coal mines the second phase of the Iron Ore Sizing Screening plant of 6 LTPA commissioned on 31.08.2010. Pellet plant commenced commercial operation from April 01, 2010.During 200910, the Company acquired majority control in two entities, to undertake hydro power business and an LLP to undertake thermal power plant, which increased the total no. of subsidiaries / controlled entities of the Company rose from 7 to 9.The Wire Drawing Mill, Coal Washery and 2nd Bricks plant were commissioned costing Rs 4,163.93 Lacs during 2012. Natural Resources Energy Pvt. Ltd. became subsidiary of the Company during 2013. Further, the Company made fresh investments for acquiring 29.98% in Godawari Natural Resources Limited for participation in the auction of coal mines.In Mar 18, the Company commissioned replacement of second energy turbine and operated the iron ore mine.During 201920, there was an increase of 3.61% in the stake of Company in Madhya Bharat Power Corporation Limited due to further infusion of equity capital towards commitment in the project cost. The Company made further investments directly and through its wholly owned Subsidiary, Sarda Energy Limited to acquire 100% stake in Chhattisgarh Hydro Power LLP it infused further equity in overseas subsidiaries, namely Sarda Global Venture Pte. Limited and Sarda Global Trading, DMCC.During the year 202122, the Company commissioned commercial operation of 113 MW Hydropower Project in Sikkim from June 30, 2021 and the production of coal mine commissioned at Raigarh in January 2022.
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Sarda Energy & Minerals Ltd FAQs

Sarda Energy & Minerals Ltd shares are currently priced at 230.57 on NSE and 230.75 on BSE as of 6/18/2024 12:00:00 AM. Please be aware that stock prices are subject to continuous fluctuations due to various factors.

The past 1-year return of Sarda Energy & Minerals Ltd [SARDAEN] share was 63.36. The Sarda Energy & Minerals Ltd [SARDAEN] share hit a 1-year low of Rs. 133.22 and a 1-year high of Rs. 283.95.

The market cap of Sarda Energy & Minerals Ltd is Rs. 8161.85 Cr. as of 6/18/2024 12:00:00 AM.

The PE ratios of Sarda Energy & Minerals Ltd is 17.48 as of 6/18/2024 12:00:00 AM.

The PB ratios of Sarda Energy & Minerals Ltd is 2.31 as of 6/18/2024 12:00:00 AM

The Mutual Fund Shareholding was 0.04% at the end of 6/18/2024 12:00:00 AM.

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