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Bihar Sponge Iron Ltd
Bihar Sponge Iron Ltd Hits 52-Week Low Amidst Continued Downtrend
Bihar Sponge Iron Ltd’s shares declined to a fresh 52-week low of Rs.9.15 on 21 Jan 2026, marking a significant milestone in the stock’s ongoing downward trajectory. This new low reflects persistent pressures on the company’s valuation amid subdued financial performance and sector headwinds.
Bihar Sponge Iron Ltd Stock Hits 52-Week Low Amid Continued Downtrend
Bihar Sponge Iron Ltd’s shares declined sharply to a fresh 52-week low of Rs.9.51 on 20 Jan 2026, marking a significant milestone in the stock’s ongoing downward trajectory. The stock has underperformed its sector and broader market indices, reflecting persistent pressures on the company’s financial and market performance.
Why is Bihar Sponge Iron Ltd falling/rising?
As of 09-Jan, Bihar Sponge Iron Ltd’s stock price has fallen to ₹11.00, down by 1.96% on the day, reflecting ongoing investor concerns driven by weak financial performance and deteriorating fundamentals.
Bihar Sponge Iron Ltd is Rated Strong Sell
Bihar Sponge Iron Ltd is rated Strong Sell by MarketsMOJO, with this rating last updated on 12 Aug 2025. However, all fundamentals, returns, and financial metrics discussed here reflect the stock’s current position as of 06 January 2026, providing investors with the latest comprehensive analysis.
Bihar Sponge Iron Ltd is Rated Strong Sell
Bihar Sponge Iron Ltd is rated Strong Sell by MarketsMOJO, with this rating last updated on 12 August 2025. However, the analysis and financial metrics discussed here reflect the company’s current position as of 25 December 2025, providing investors with an up-to-date view of its fundamentals, returns, and market standing.
Bihar Sponge Iron Stock Falls to 52-Week Low of Rs.10.11 Amid Sectoral Pressures
Bihar Sponge Iron has reached a new 52-week low of Rs.10.11 today, marking a significant decline in its share price amid ongoing sectoral headwinds and subdued financial performance. The stock has been on a downward trajectory for six consecutive trading sessions, reflecting challenges faced by the company within the ferrous metals industry.
Bihar Sponge Sees Revision in Market Assessment Amid Challenging Fundamentals
Bihar Sponge, a microcap player in the Ferrous Metals sector, has experienced a revision in its market evaluation reflecting ongoing challenges in its financial and operational metrics. The recent assessment highlights concerns across multiple parameters, signalling a cautious outlook for investors amid subdued performance and sector headwinds.
Why is Bihar Sponge falling/rising?
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.
Are Bihar Sponge latest results good or bad?
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 Iron Q2 FY26: Operational Losses Persist Despite Other Income Support
Bihar Sponge Iron Ltd., an Indo-German joint venture operating India's first merchant sponge iron plant, reported a net profit of ₹1.75 crores for Q2 FY26, marking a 17.45% decline from ₹2.12 crores in the previous quarter whilst remaining flat year-on-year. The Jharkhand-based micro-cap company, with a market capitalisation of ₹115.19 crores, continues to grapple with operational headwinds as its core manufacturing operations remain loss-making, heavily dependent on other income to maintain profitability.
How has been the historical performance of Bihar Sponge?
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.
Why is Bihar Sponge falling/rising?
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%.
Why is Bihar Sponge falling/rising?
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.
Why is Bihar Sponge falling/rising?
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.
Bihar Sponge Iron Faces Heavy Selling Pressure, Declines 4.96% Amid Ongoing Losses
Bihar Sponge Iron Ltd is experiencing significant selling pressure, with the stock facing consecutive losses. Over the past month, it has dropped substantially, underperforming compared to the Sensex and its sector. The stock is trading below key moving averages, reflecting a bearish trend influenced by market sentiment and economic conditions.
Bihar Sponge Iron Forms Death Cross, Signaling Bearish Trend Ahead
Bihar Sponge Iron, a microcap in the ferrous metals sector, has encountered a technical event known as a Death Cross, indicating potential market momentum shifts. The stock has significantly underperformed the broader market, with a notable one-year decline, raising concerns among investors about its future trajectory.
Why is Bihar Sponge falling/rising?
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.
Why is Bihar Sponge falling/rising?
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.
Why is Bihar Sponge falling/rising?
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.
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