Nova Iron & Steel Ltd

On 02-Jan, Nova Iron & Steel Ltd recorded a modest price increase of 0.58%, closing at ₹13.85, reflecting a short-term positive momentum despite a challenging longer-term performance relative to the broader market.

Nova Iron & Steel faced significant financial challenges in the fiscal year ending March 2016, reporting a net loss of -6.48 crore and a negative cash flow from operations of -2.00 crore, with total liabilities and assets both at 314.32 crore. The company's profit margins were notably negative, indicating a period of financial distress.

As of 20-Oct, Nova Iron & Steel Ltd's stock price is declining at 13.90, down 4.14%, and has underperformed its sector significantly. The stock is trading below all major moving averages and has seen a substantial drop in investor participation, reflecting a consistent downward trend with a year-to-date decline of 21.20%.

As of 01-October, Nova Iron & Steel Ltd's stock price is 14.72, down 1.74%, and has underperformed its sector and the broader market significantly. Despite a recent increase in delivery volume, the stock has declined 16.55% year-to-date and 43.75% over the past year, indicating ongoing challenges.

As of 24-Sep, Nova Iron & Steel Ltd's stock price is at 15.78, reflecting a slight increase but underperforming its sector. Despite recent short-term gains, the company faces significant long-term challenges, including negative book value and poor performance compared to the broader market.

As of 23-Sep, Nova Iron & Steel Ltd is priced at 15.75, having decreased by 0.32%. Despite some positive momentum indicated by moving averages and a recent short-term gain, the company faces significant challenges, including declining sales, high debt, and negative fundamentals, suggesting potential downward pressure on the stock price.

As of 22-Sep, Nova Iron & Steel Ltd is experiencing a price increase to 15.81, up 5.97%, with strong recent performance and increased investor interest. However, year-to-date, the stock is down 10.37%, contrasting with the Sensex's rise of 5.15%.

As of 19-Sep, Nova Iron & Steel Ltd's stock price is at 14.92, with a recent slight increase but a year-to-date decline of 15.42%. The stock faces significant challenges, including high debt and weak fundamentals, making it a strong sell despite recent short-term gains.

As of 18-Sep, Nova Iron & Steel Ltd's stock price is 14.88, up 2.55%, but it has a year-to-date decline of 15.65% and a 38.03% drop over the past year, indicating long-term challenges despite recent short-term gains. The company faces significant risks due to negative operating profits, high debt, and poor fundamental strength.

As of 16-Sep, Nova Iron & Steel Ltd's stock price is at 14.70, down 1.8%, with a year-to-date return of -16.67% and a one-year return of -42.91%. The company is facing significant challenges, including high debt and declining sales, leading to underperformance compared to the broader market.

As of 15-Sep, Nova Iron & Steel Ltd's stock price is at 14.97, down 0.2%, and has underperformed its sector today. Despite short-term gains, the company faces significant long-term challenges, including a -15.14% year-to-date return and declining investor confidence.

As of 12-Sep, Nova Iron & Steel Ltd's stock price is at 15.00, unchanged, with short-term gains of 6.08% over the past week but a year-to-date decline of 14.97%. Despite outperforming the sector recently, the stock lags behind the broader market, indicating investor caution.

As of 11-Sep, Nova Iron & Steel Ltd is priced at 15.00, unchanged from the previous session, and has underperformed its sector despite increased delivery volumes. The stock has a negative book value and weak fundamentals, with significant declines in net sales and profits, making it a strong sell despite recent short-term gains.

As of 10-Sep, Nova Iron & Steel Ltd's stock price is at 15.00, down 0.33%, with a year-to-date decline of 14.97% and a one-year decline of 41.36%. Despite recent short-term gains and increased investor interest, the stock's long-term performance remains weak compared to the broader market.

As of 09-Sep, Nova Iron & Steel Ltd's stock is priced at 15.05, reflecting a recent increase but facing significant challenges such as a negative book value and high debt levels. Despite short-term gains, the stock has underperformed year-to-date compared to the benchmark, indicating volatility and investor concerns.