Bihar Sponge Iron Ltd

As of 14-Nov, Bihar Sponge Iron Ltd's stock price is 12.95, up 1.97% over three days, but it has underperformed year-to-date with a decline of 22.22%. Despite recent positive momentum, decreasing investor participation may raise concerns about future price stability.

Bihar Sponge Iron's latest Q2 FY26 results are concerning, with a 17.73% decline in net sales and a net profit drop of 17.45%, alongside negative operating margins and heavy reliance on non-operating income. The company's financial strain and negative shareholder equity raise significant questions about its operational viability.

Bihar Sponge has experienced fluctuating financial performance, with net sales increasing to 319.42 Cr in Mar'25 but facing operating losses of -15.48 Cr due to rising expenditures. Despite a decrease in total liabilities and stable cash flow, profitability remains a challenge.

As of 07-Nov, Bihar Sponge Iron Ltd's stock price is at 12.29, down 3.68%, and has underperformed its sector by 4.91%. The stock is trading below all moving averages and has a year-to-date decline of 26.19%, contrasting sharply with the Sensex's gain of 6.50%.

As of 23-Oct, Bihar Sponge Iron Ltd's stock price is at 13.15, with a recent increase of 0.31% and a strong short-term performance of 7.88% over three days. However, it remains below key moving averages and has a year-to-date decline of 21.02%, indicating potential long-term challenges despite recent gains.

As of 13-Oct, Bihar Sponge Iron Ltd's stock price is declining at 12.40, down 2.13%, and has underperformed significantly with a year-to-date drop of 25.53%. Despite increased investor participation, the stock continues to struggle compared to the broader market and its sector.

As of 24-Sep, Bihar Sponge Iron Ltd's stock price is at 13.01, up 1.25%, but it remains below key moving averages and has underperformed significantly over the past month and year. The stock is classified as a strong sell due to negative financial indicators and high debt levels, despite a slight uptick today.

As of 23-Sep, Bihar Sponge Iron Ltd's stock price is at 13.10, showing a slight increase but remains below key moving averages, indicating a bearish trend. The stock has underperformed against the Sensex and has seen significant declines over various time frames, despite a recent uptick in investor interest.

As of 22-Sep, Bihar Sponge Iron Ltd's stock price is at 12.89, down 1.07% and significantly underperforming with a year-to-date decline of 22.58%. Despite increased investor participation, the stock's performance remains negative, contrasting sharply with the broader market's gains.

As of 19-Sep, Bihar Sponge Iron Ltd's stock price is at 13.05, down 0.76%, and has underperformed significantly, with a year-to-date decline of 21.62% compared to the Sensex's increase. Despite recent poor performance, investor interest has risen, indicated by a 144.26% increase in delivery volume.

As of 18-Sep, Bihar Sponge Iron Ltd's stock price is at 13.15, down 4.92%, reflecting significant underperformance with a total drop of 5.33% over two days. The stock is trading below all key moving averages, indicating a bearish trend, and faces serious challenges such as high debt and negative fundamentals, contributing to its recent decline.

As of 17-Sep, Bihar Sponge Iron Ltd's stock price is at 13.83, down 0.43%, and has underperformed the Sensex with a year-to-date return of -16.94%. Despite a recent increase in delivery volume, the stock shows a trend reversal and overall negative returns, indicating cautious investor sentiment.

As of 16-Sep, Bihar Sponge Iron Ltd's stock price is at 13.89, with a recent increase of 1.68%. Despite short-term gains, the stock has significantly underperformed over the year, facing fundamental challenges such as high debt and declining profits, leading to a precarious long-term outlook.

As of 15-Sep, Bihar Sponge Iron Ltd's stock price is at 13.66, having increased by 1.94%. Despite today's uptick, the stock has significantly underperformed over the past year, facing challenges such as high debt and negative growth, contributing to a bearish trend.

As of 12-Sep, Bihar Sponge Iron Ltd's stock price is declining at 13.40, down 1.98%, and has underperformed its sector. The stock is trading below all key moving averages, indicating bearish sentiment and weak investor interest.

As of 11-Sep, Bihar Sponge Iron Ltd's stock price is at 13.67, down 3.53%, and has underperformed its sector. The stock is in a bearish trend with significant declines over the past month and year, facing challenges like high debt and negative growth, contributing to its weak fundamentals.