loader2
Partner With Us NRI

Nova Iron & Steel Ltd share Price Today

Company details

22.10
23.00
14.30
39.69
6M Return -26.39%
1Y Return 25.14%
Mkt Cap.(Cr) 82.76
Volume 10,934
Div Yield 0.00%
OI
-
OI Chg %
-
Volume 10,934
BSE

Open Free Trading Account Online with ICICIDIRECT

Incur '0' Brokerage upto ₹500

Nova Iron & Steel Ltd shares SWOT Analysis

Strengths (3)

  • Growth in Net Profit with increasing Profit Margin (QoQ)
  • Growth in Quarterly Net Profit with increasing Profit Margin (YoY)
  • Company with Zero Promoter Pledge

Weakness (5)

  • Inefficient use of capital to generate profits - RoCE declining in the last 2 years
  • Declining Revenue every quarter for the past 3 quarters
  • Declining Net Cash Flow : Companies not able to generate net cash

Opportunity (3)

  • Companies with current TTM PE Ratio less than 3 Year, 5 Year and 10 Year PE
  • Turnaround companies- loss to profit QoQ
  • Stock with Low PE (PE < = 10)

Threats (2)

  • Increasing Trend in Non-Core Income
  • RSI indicating price weakness
Discover More

Resistance and support

R1 23.2
R2 23.6
R3 24.1
Pivot

22.66

S1 22.3
S2 21.8
S3 21.4
EMA SMA
23.4
24.6
25.3
24.1
23.5
25.0
26.1
25.1
Delivery and volume
Discover More
CLIENT NAME DEAL TYPE ACTION DATE AVG. PRICE QUANTITY EXCHANGE
BHUSHAN POWER AND STEEL LIMITED Block Purchase 2011-06-13 13.8 3500000 BSE
BHUSHAN POWER AND STEEL LIMITED Block Purchase 2011-06-13 14 3200000 BSE
BHUSHAN POWER AND STEEL LIMITED Block Purchase 2011-06-13 14 3081200 BSE
Discover More
Name Category Shares
ANIKET SINGAL PROMOTER 12.02%
REWARD CAPITAL SERVICES PRIVATE LIMITED PROMOTER 11.88%
AROMATIC STEEL PRIVATE LIMITED PROMOTER 9.46%
RGF REAL ESTATES PRIVATE LIMITED PROMOTER 9.22%

FINANCIALS

Sales
Operating Profit
Profit after Tax
DISCOVER MORE
Equity
Reserves and Surplus
Debt
DISCOVER MORE
Sales
Operating Profit
Profit after Tax
DISCOVER MORE
PE
Debt/Equity
P BV
DISCOVER MORE

Nova Iron & Steel Ltd Stocks COMPARISON

Financials( ₹ in Cr) Nova Iron & Steel Ltd JSW Steel Ltd Tata Steel Ltd Jindal Steel & Power Ltd Tube Investments of India Ltd
Price 22.90 934.35 167.07 1,010.05 4,095.20
% Change 1.37 0.97 -0.54 0.22 -9.57
Mcap ₹ Cr 82.76 228,490.99 208,562.37 103,033.99 79,201.99
Revenue TTM ₹ Cr 698.09 175,006.00 229,170.78 53,211.52 16,890.33
Net Profit TTM ₹ Cr -1.79 8,973.00 -4,909.61 3,974.09 1,722.53
PE TTM 6.98 27.07 27.66 17.35 66.26
1 Year Return 25.14 15.27 44.90 61.26 30.38
ROCE 0.00 13.51 6.61 14.17 26.63
ROE 0.00 12.52 7.33 13.27 37.98
DISCOVER MORE
INSIDER & INSTITUTIONAL ACTIVITY

Equity Capital: -52.68 Cr FV: 10.00

Period MF Net Purchase / (sold) FII Net
LAST 1M 21,424.68 50,451.86
LAST 3M 101,404.97 51,097.20
LAST 6M 186,293.66 40,305.54
LAST 12M 309,547.75 87,515.42

Nova Iron & Steel Ltd Information

Stock PE (TTM)
6.98
Promoter Holding
44.16%
Book Value
-18.1814
ROCE
0%
ROE
0%
Description

  • Nova Iron & Steel Ltd was incorporated in the year 1986. The company was promoted by Nova Magnetics, Nova Electro-Magnetics and Nova Steels, all belonging to R K Gambhir and G K Gambhir of the Nova group. The company is engaged in the manufacture of sponge iron and steel. The company also provides product separation, screening, and storage facilities. During the year 1993-94, the company came out with a public issue of 5,27,00,000 equity shares of Rs 10 each for cash to part finance their sponge iron project at Bilaspur, Madhya Pradesh. In July 15, 1994, the company inaugurated the sponge iron plant at Bilaspur. In September 26, 1994, they started trial production. The company entered into agreement with Nova Steels (India) Ltd for the supply of entire production of sponge iron. During the year 1994-95, the company started selling of their products in the market. The company`s is one of the initial coal-based Sponge Iron Projects in India with the Technical know how from Lurgi Chemie MetaHurgie Industriebau GmbH, Germany. The 12 MW Waste Heat Recovery Based (WHRB) Power Plant and Induction Furnace was installed in 2015-16. 500 TPD Sponge Iron Plant operations started in 2016.

Read More
Registered Address

Village Dagori, Tehsil Belha, Bilaspur, Chattisgarh, 495224

Tel : 91-77-52285217
Email : rai_nisl2007:yahoo.com
Website : http://www.novaironsteel.com
Registrar

Abhibpra Capital Ltd

AGM Date (Month) : Sep
Face Value Equity Shares : 10
Market Lot Equity Shares : 1
BSE Code : 513566
NSE Code : NOVAIRNSTL
Book Closure Date (Month) : Sep
BSE Group : XT
ISIN : INE608C01026

FAQ’s on Nova Iron & Steel Ltd Shares

You can buy Nova Iron & Steel Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy Nova Iron & Steel Ltd Share.

Company share prices and volatile and keep changing according to the market conditions. As of Jul 16, 2024 04:01 PM the closing price of Nova Iron & Steel Ltd was Rs.22.90.

The latest PE ratio of Nova Iron & Steel Ltd as of Jul 16, 2024 04:01 PM is 6.98

The latest PB ratio of Nova Iron & Steel Ltd as of Jul 16, 2024 04:01 PM is -0.79

The 52-week high of Nova Iron & Steel Ltd share price is Rs. 39.69 while the 52-week low is Rs. 14.30

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of Jul 16, 2024 04:01 PM, the market cap of Nova Iron & Steel Ltd stood at Rs. 82.76 Cr.

Download App

Download Our App

Play Store App Store
market app