Bihar Sponge

Market Cap: Micro Cap
Industry: Ferrous Metals
ISIN: INE819C01011
NSEID:
BSEID: 500058

INR

11.30

0.28 (2.54%)

BSENSE

Dec 18

BSE+NSE Vol: 11.38 k

{
  "main_header": {
    "sid": 708802,
    "name": "Bihar Sponge",
    "stock_name": "Bihar Sponge",
    "full_name": "Bihar Sponge Iron Ltd",
    "name_url": "stocks-analysis/bihar-sponge",
    "exchange": 0,
    "exchangecode": "",
    "country_id": 34,
    "currency": "INR",
    "cmp": "11.30",
    "chg": 0.28,
    "chgp": "2.54%",
    "dir": 1,
    "prev_price": "11.02",
    "mcapval": "102.00 Cr",
    "mcap": "Micro Cap",
    "scripcode": 500058,
    "symbol": "",
    "ind_name": "Ferrous Metals",
    "ind_code": 23,
    "indexname": "",
    "isin": "INE819C01011",
    "curr_date": "Dec 18",
    "curr_time": "",
    "bse_nse_vol": "11.38 k",
    "exc_status": "Active",
    "traded_date": "Dec 18, 2025",
    "traded_date_str": "2025 12 18",
    "score": "",
    "scoreText": "",
    "Live": 0,
    "market_time": 0,
    "is_blur": 1,
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    "is_blur_url": "https://www.marketsmojo.com/mojofeed/register?redirect=/stocks-analysis/bihar-sponge-708802-0&utm_source=Spage_Header_Score",
    "mojoone": {
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  },
  "news": {
    "results": [
      {
        "title": "Bihar Sponge Iron Stock Falls to 52-Week Low of Rs.10.11 Amid Sectoral Pressures",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/bihar-sponge-iron-stock-hits-52-week-low-amidst-continued-downtrend-3753887",
        "imagepath": "https://i.marketsmojo.com/newsimg/2025/12/BiharSpongeIron_priceRelatedfactors_3753887.png",
        "date": "2025-12-09 11:51:37",
        "description": "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."
      },
      {
        "title": "Why is Bihar Sponge falling/rising?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/why-is-bihar-sponge-fallingrising-3752140",
        "imagepath": "",
        "date": "2025-12-09 00:28:57",
        "description": "    <div class=\"article-news-new\">\n        <div class=\"article-container\">\n\n<div class=\"article-content\">\n\n<p><strong>Recent Price Movement and Market Context</strong></p>\n<p>Bihar Sponge Iron's share price has been on a consistent decline, losing 11.74% over the past week alone. This underperformance is stark when compared to the Sensex, which has remained relatively stable with a marginal decline of 0.63% during the same period. Over the last month, the stock has shed 11.31%, whereas the Sensex has gained 2.27%, highlighting the stock's divergence from broader market trends.</p>\n<p>Year-to-date figures further emphasise this disparity, with Bihar Sponge Iron down 34.53%, contrasting sharply with the Sensex's 8.91% gain. Over the last year, the stock has declined by 36.41%, while the benchmark index has appreciated by 4.15%. Although the stock has delivered a robust 585.53% return over five years, this lon..."
      },
      {
        "title": "Bihar Sponge Sees Revision in Market Assessment Amid Challenging Fundamentals",
        "link": "https://www.marketsmojo.com/news/stock-recommendation/bihar-sponge-downgraded-to-strong-sell-amid-deteriorating-fundamentals-and-bearish-outlook-3748187",
        "imagepath": "https://i.marketsmojo.com/newsimg/2025/12/BiharSponge_mojoScore_3748187.png",
        "date": "2025-12-05 10:10:46",
        "description": "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."
      },
      {
        "title": "Why is Bihar Sponge falling/rising?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/why-is-bihar-sponge-fallingrising-3702399",
        "imagepath": "",
        "date": "2025-11-14 22:12:30",
        "description": "As of 14-Nov, Bihar Sponge Iron Ltd's stock price is currently at 12.95, reflecting an increase of 0.25 or 1.97%. The stock has shown positive momentum, gaining for the last three days with a total return of 3.11% during this period. Additionally, it has outperformed its sector by 2.72%. In terms of returns compared to the benchmark, the stock has increased by 5.37% over the past week and 5.46% over the past month, while it has underperformed year-to-date and over the past year with declines of 22.22% and 13.90%, respectively. However, there has been a noted decrease in investor participation, with delivery volume falling by 12.23% against the five-day average, which may indicate a potential concern for sustained upward movement.\n\nBroader Market Context: The stock's recent performance has outpaced the Sensex, which has only increased by 1.62% over the past week and 3.09% over the past month. This suggests t..."
      },
      {
        "title": "Are Bihar Sponge latest results good or bad?",
        "link": "https://www.marketsmojo.com/news/result-analysis/are-bihar-sponge-latest-results-good-or-bad-3698319",
        "imagepath": "",
        "date": "2025-11-13 19:30:44",
        "description": "Bihar Sponge Iron's latest financial results for Q2 FY26 reveal significant operational challenges. The company reported net sales of ₹63.76 crores, reflecting a quarter-on-quarter contraction of 17.73% from ₹77.50 crores in Q1 FY26. This decline indicates ongoing difficulties in both volume and pricing within the ferrous metals sector, with year-on-year sales remaining flat.\n\nThe net profit for the quarter was ₹1.75 crores, which also showed a decline of 17.45% compared to the previous quarter's profit of ₹2.12 crores. This performance is concerning, particularly given the negative operating profit margin of -7.04%, which has worsened from -4.08% in the prior quarter. The persistent negative operating margins suggest that the company's core manufacturing operations are not generating sufficient revenue to cover costs, raising questions about its operational viability.\n\nAdditionally, the company has become ..."
      },
      {
        "title": "Bihar Sponge Iron Q2 FY26: Operational Losses Persist Despite Other Income Support",
        "link": "https://www.marketsmojo.com/news/result-analysis/bihar-sponge-iron-q2-fy26-operational-losses-persist-despite-other-income-support-3698208",
        "imagepath": "https://i.marketsmojo.com/newsimg/2025/11/BiharSpongeIron_quaterlyResult_3698208.png",
        "date": "2025-11-13 09:33:38",
        "description": "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."
      },
      {
        "title": "How has been the historical performance of Bihar Sponge?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/how-has-been-the-historical-performance-of-bihar-sponge-3695215",
        "imagepath": "",
        "date": "2025-11-13 00:12:06",
        "description": "Answer:\nThe historical performance of Bihar Sponge shows significant fluctuations in its financial metrics over the years.\n\nBreakdown:\nBihar Sponge's net sales have shown a notable increase from Mar'20, where it recorded no sales, to Mar'25 with sales of 319.42 Cr, despite a drop from the previous year's 463.37 Cr. The total operating income followed a similar trend, reaching 319.42 Cr in Mar'25, up from 266.65 Cr in Mar'24. However, the total expenditure, excluding depreciation, also increased to 334.90 Cr in Mar'25, leading to an operating profit (PBDIT) of -15.48 Cr, indicating a loss compared to a profit of 14.11 Cr in Mar'23. The profit before tax for Mar'25 was 10.39 Cr, slightly down from 12.14 Cr in Mar'23, while profit after tax mirrored this trend at 10.39 Cr. The company's total liabilities decreased to 131.87 Cr in Mar'25 from 182.09 Cr in Mar'24, and total assets also fell to 131.87 Cr. Cash fl..."
      },
      {
        "title": "Why is Bihar Sponge falling/rising?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/why-is-bihar-sponge-fallingrising-3680793",
        "imagepath": "",
        "date": "2025-11-07 22:15:58",
        "description": "As of 07-Nov, Bihar Sponge Iron Ltd is experiencing a decline in its stock price, currently at 12.29, which reflects a decrease of 0.47 or 3.68%. The stock has underperformed its sector by 4.91% today and has fallen after two consecutive days of gains. It is trading below all its moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. Over the past week, the stock has decreased by 3.53%, while its year-to-date performance shows a significant decline of 26.19%. Although there has been a rise in investor participation with a delivery volume increase of 11.81% against the 5-day average, the overall sentiment remains negative, contributing to the stock's downward movement.\n\nBroader Market Context: In comparison to the benchmark, the Sensex has shown a relatively stable performance with a slight decline of 0.86% over the past week, while Bihar Sponge's performance has been notably wo..."
      },
      {
        "title": "Why is Bihar Sponge falling/rising?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/why-is-bihar-sponge-fallingrising-3641575",
        "imagepath": "",
        "date": "2025-10-23 21:56:27",
        "description": "As of 23-Oct, Bihar Sponge Iron Ltd's stock price is currently at 13.15, reflecting a slight increase of 0.04, or 0.31%. The stock has shown a strong performance recently, gaining 7.88% over the last three days and outperforming its sector by 0.82%. Additionally, the stock's one-week return stands at 7.70%, which is significantly higher than the Sensex's 1.30% increase during the same period. The delivery volume has also seen a notable rise, increasing by 138.22% against the five-day average, indicating heightened investor interest. However, the stock remains below its 50-day, 100-day, and 200-day moving averages, suggesting that while it is experiencing short-term gains, it may still face challenges in the longer term.\n\nBroader market context shows that while Bihar Sponge Iron Ltd has performed well in the short term, its year-to-date return is down 21.02%, contrasting with the Sensex's positive return of ..."
      }
    ],
    "total": 121,
    "sid": "708802",
    "stock_news_url": "https://www.marketsmojo.com/news/bihar-sponge-iron-708802"
  },
  "announcements": [
    {
      "caption": "Announcement under Regulation 30 (LODR)-Newspaper Publication",
      "datetime": "13-Nov-2025",
      "details": "Newspaper Publication of Results",
      "source": "BSE"
    },
    {
      "caption": "Un-Audited Financial Results For The 2Nd Quarter And Half Year Ended 30Th September 2025 And Outcome Of Board Meeting Held On 12Th November 2025",
      "datetime": "12-Nov-2025",
      "details": "Un-audited Financial Results for the 2nd quarter and half year ended 30-09-2025 alongwith limited review report.",
      "source": "BSE"
    },
    {
      "caption": "Board Meeting Outcome for Un-Audited Financial Results For The 2Nd Quarter And Half Year Ended 30Th September 2025 And Outcome Of Board Meeting Held On 12Th November 2025",
      "datetime": "12-Nov-2025",
      "details": "Un-Audited Financial Results for the 2nd quarter and half year ended 30th September 2025 and outcome of Board Meeting held on 12th November 2025",
      "source": "BSE"
    }
  ],
  "corporate_actions": [
    {
      "img": "board-meeting.svg",
      "title": "BOARD MEETING",
      "msg": "<span>No</span> Upcoming Board Meetings",
      "data": []
    },
    {
      "img": "dividend.svg",
      "title": "DIVIDEND",
      "msg": "No <strong>Dividend</strong> history available",
      "data": []
    },
    {
      "img": "splits.svg",
      "title": "SPLITS",
      "msg": "No <strong>Splits</strong> history available",
      "data": []
    },
    {
      "img": "bonus.svg",
      "title": "BONUS",
      "msg": "No <strong>Bonus</strong> history available",
      "data": []
    },
    {
      "img": "rights-issues.svg",
      "title": "RIGHTS",
      "msg": "No <strong>Rights</strong> history available",
      "data": []
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}

News and Views

Bihar Sponge Iron Stock Falls to 52-Week Low of Rs.10.11 Amid Sectoral Pressures

2025-12-09 11:51:37

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.

Why is Bihar Sponge falling/rising?

2025-12-09 00:28:57

Recent Price Movement and Market Context

Bihar Sponge Iron's share price has been on a consistent decline, losing 11.74% over the past week alone. This underperformance is stark when compared to the Sensex, which has remained relatively stable with a marginal decline of 0.63% during the same period. Over the last month, the stock has shed 11.31%, whereas the Sensex has gained 2.27%, highlighting the stock's divergence from broader market trends.

Year-to-date figures further emphasise this disparity, with Bihar Sponge Iron down 34.53%, contrasting sharply with the Sensex's 8.91% gain. Over the last year, the stock has declined by 36.41%, while the benchmark index has appreciated by 4.15%. Although the stock has delivered a robust 585.53% return over five years, this lon...

Bihar Sponge Sees Revision in Market Assessment Amid Challenging Fundamentals

2025-12-05 10:10:46

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?

2025-11-14 22:12:30

As of 14-Nov, Bihar Sponge Iron Ltd's stock price is currently at 12.95, reflecting an increase of 0.25 or 1.97%. The stock has shown positive momentum, gaining for the last three days with a total return of 3.11% during this period. Additionally, it has outperformed its sector by 2.72%. In terms of returns compared to the benchmark, the stock has increased by 5.37% over the past week and 5.46% over the past month, while it has underperformed year-to-date and over the past year with declines of 22.22% and 13.90%, respectively. However, there has been a noted decrease in investor participation, with delivery volume falling by 12.23% against the five-day average, which may indicate a potential concern for sustained upward movement. Broader Market Context: The stock's recent performance has outpaced the Sensex, which has only increased by 1.62% over the past week and 3.09% over the past month. This suggests t...

Are Bihar Sponge latest results good or bad?

2025-11-13 19:30:44

Bihar Sponge Iron's latest financial results for Q2 FY26 reveal significant operational challenges. The company reported net sales of ₹63.76 crores, reflecting a quarter-on-quarter contraction of 17.73% from ₹77.50 crores in Q1 FY26. This decline indicates ongoing difficulties in both volume and pricing within the ferrous metals sector, with year-on-year sales remaining flat. The net profit for the quarter was ₹1.75 crores, which also showed a decline of 17.45% compared to the previous quarter's profit of ₹2.12 crores. This performance is concerning, particularly given the negative operating profit margin of -7.04%, which has worsened from -4.08% in the prior quarter. The persistent negative operating margins suggest that the company's core manufacturing operations are not generating sufficient revenue to cover costs, raising questions about its operational viability. Additionally, the company has become ...

Bihar Sponge Iron Q2 FY26: Operational Losses Persist Despite Other Income Support

2025-11-13 09:33:38

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?

2025-11-13 00:12:06

Answer: The historical performance of Bihar Sponge shows significant fluctuations in its financial metrics over the years. Breakdown: Bihar Sponge's net sales have shown a notable increase from Mar'20, where it recorded no sales, to Mar'25 with sales of 319.42 Cr, despite a drop from the previous year's 463.37 Cr. The total operating income followed a similar trend, reaching 319.42 Cr in Mar'25, up from 266.65 Cr in Mar'24. However, the total expenditure, excluding depreciation, also increased to 334.90 Cr in Mar'25, leading to an operating profit (PBDIT) of -15.48 Cr, indicating a loss compared to a profit of 14.11 Cr in Mar'23. The profit before tax for Mar'25 was 10.39 Cr, slightly down from 12.14 Cr in Mar'23, while profit after tax mirrored this trend at 10.39 Cr. The company's total liabilities decreased to 131.87 Cr in Mar'25 from 182.09 Cr in Mar'24, and total assets also fell to 131.87 Cr. Cash fl...

Why is Bihar Sponge falling/rising?

2025-11-07 22:15:58

As of 07-Nov, Bihar Sponge Iron Ltd is experiencing a decline in its stock price, currently at 12.29, which reflects a decrease of 0.47 or 3.68%. The stock has underperformed its sector by 4.91% today and has fallen after two consecutive days of gains. It is trading below all its moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. Over the past week, the stock has decreased by 3.53%, while its year-to-date performance shows a significant decline of 26.19%. Although there has been a rise in investor participation with a delivery volume increase of 11.81% against the 5-day average, the overall sentiment remains negative, contributing to the stock's downward movement. Broader Market Context: In comparison to the benchmark, the Sensex has shown a relatively stable performance with a slight decline of 0.86% over the past week, while Bihar Sponge's performance has been notably wo...

Why is Bihar Sponge falling/rising?

2025-10-23 21:56:27

As of 23-Oct, Bihar Sponge Iron Ltd's stock price is currently at 13.15, reflecting a slight increase of 0.04, or 0.31%. The stock has shown a strong performance recently, gaining 7.88% over the last three days and outperforming its sector by 0.82%. Additionally, the stock's one-week return stands at 7.70%, which is significantly higher than the Sensex's 1.30% increase during the same period. The delivery volume has also seen a notable rise, increasing by 138.22% against the five-day average, indicating heightened investor interest. However, the stock remains below its 50-day, 100-day, and 200-day moving averages, suggesting that while it is experiencing short-term gains, it may still face challenges in the longer term. Broader market context shows that while Bihar Sponge Iron Ltd has performed well in the short term, its year-to-date return is down 21.02%, contrasting with the Sensex's positive return of ...

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