Bihar Sponge Iron Ltd (BIHARSPONG) News & Corporate Actions | Announcements, Board Meetings, Splits, Bonuses, Rights Issues

{ "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": "", "primexch": 0, "country_id": 34, "currency": "INR", "cmp": "12.60", "chg": 0.13, "chgp": "1.04%", "dir": 1, "prev_price": "12.47", "mcapval": "113.00 Cr", "mcap": "Micro Cap", "scripcode": 500058, "symbol": "", "ind_name": "Ferrous Metals", "ind_code": 23, "sector_id": 25, "indexname": "India SENSEX", "isin": "INE819C01011", "curr_date": "Jun 11, 09:48 AM", "curr_time": "09:51 AM", "last_traded_at": "Jun 11, 09:48 AM IST", "bse_nse_vol": "1.35 k", "exc_status": "Active", "traded_date": "Jun 11, 2026", "traded_date_str": "2026 06 11", "score": "", "scoreText": "", "Live": 1, "market_time": 1, "is_blur": 1, "is_blur_class": "blur-registerF-score-header", "is_blur_url": "https://www.marketsmojo.com/mojofeed/register?redirect=/stocks-analysis/bihar-sponge-708802-0&utm_source=Spage_Header_Score", "mojoone": { "ismore": 0 } }, "news": { "results": [ { "title": "Bihar Sponge Iron Ltd Downgraded to Strong Sell Amid Financial and Valuation Concerns", "link": "https://www.marketsmojo.com/news/stock-recommendation/bihar-sponge-iron-ltd-downgraded-to-strong-sell-amid-financial-and-valuation-concerns-4033117", "imagepath": "https://i.marketsmojo.com/newsimg/2026/6/BiharSpongeIron_mojoScore_4033117.png", "date": "2026-06-03 08:12:33", "description": "Bihar Sponge Iron Ltd has been downgraded from a Sell to a Strong Sell rating as of 2 June 2026, reflecting deteriorating financial trends and mixed technical signals. Despite some long-term market outperformance, the company’s recent quarterly results and valuation metrics have raised significant concerns, prompting a reassessment of its investment appeal within the ferrous metals sector." }, { "title": "Bihar Sponge Iron Ltd Reports Sharp Quarterly Decline Amid Negative Financial Trend", "link": "https://www.marketsmojo.com/news/stocks-in-action/bihar-sponge-iron-ltd-reports-sharp-quarterly-decline-amid-negative-financial-trend-4026412", "imagepath": "https://i.marketsmojo.com/newsimg/2026/6/BiharSpongeIron_fintrenddot_4026412.png", "date": "2026-06-01 11:01:09", "description": "Bihar Sponge Iron Ltd, a micro-cap player in the ferrous metals sector, has witnessed a marked deterioration in its financial performance for the quarter ended March 2026. The company’s financial trend score plunged from a positive 17 to a negative -7 over the past three months, signalling a significant reversal in growth momentum and profitability metrics." }, { "title": "Bihar Sponge Iron Q4 FY26: Revenue Collapse Masks Other Income Dependence", "link": "https://www.marketsmojo.com/news/result-analysis/bihar-sponge-iron-q4-fy26-revenue-collapse-masks-other-income-dependence-4026612", "imagepath": "https://i.marketsmojo.com/newsimg/2026/6/BiharSpongeIron_quaterlyResult_4026612.png", "date": "2026-06-01 10:14:27", "description": "Bihar Sponge Iron Ltd., the first merchant sponge iron plant in India, reported deeply concerning Q4 FY26 results that exposed fundamental operational weaknesses. Net profit stood at ₹1.25 crores for the quarter ended March 2026, plummeting 62.80% quarter-on-quarter from ₹3.36 crores in Q3 FY26, whilst declining 62.80% year-on-year. The company's shares, trading at ₹13.86 on the NSE, fell 4.94% following the announcement, reflecting investor anxiety over the dramatic deterioration in core business performance." }, { "title": "Bihar Sponge Iron Ltd is Rated Sell by MarketsMOJO", "link": "https://www.marketsmojo.com/news/stock-recommendation/bihar-sponge-iron-ltd-is-rated-sell-by-marketsmojo-4010338", "imagepath": "https://i.marketsmojo.com/newsimg/2026/5/BiharSpongeIron_mojoScore_4010338.png", "date": "2026-05-25 10:10:03", "description": "Bihar Sponge Iron Ltd is rated 'Sell' by MarketsMOJO, with this rating last updated on 13 May 2026. However, the analysis and financial metrics discussed here reflect the stock's current position as of 25 May 2026, providing investors with an up-to-date perspective on the company’s fundamentals, valuation, financial trends, and technical outlook." }, { "title": "When is the next results date for Bihar Sponge Iron Ltd?", "link": "https://www.marketsmojo.com/news/result-analysis/when-is-the-next-results-date-for-bihar-sponge-iron-ltd-4007306", "imagepath": "", "date": "2026-05-22 23:18:44", "description": "The next results date for Bihar Sponge Iron Ltd is scheduled for 29 May 2026...." }, { "title": "Bihar Sponge Iron Ltd Falls 8.53%: 2 Key Technical Signals Shape the Week", "link": "https://www.marketsmojo.com/news/stocks-in-action/bihar-sponge-iron-ltd-falls-853-2-key-technical-signals-shape-the-week-3994608", "imagepath": "", "date": "2026-05-16 16:03:22", "description": " <div class=\"article-news-new\">\n <div class=\"article-container\">\n\n<div class=\"article-content\">\n <div class=\"highlight-box\">\n <h3>Key Events This Week</h3>\n <p><strong>11 May:</strong> Stock opens at Rs.14.56 amid broad market weakness</p>\n <p><strong>13 May:</strong> Golden Cross formation signals potential bullish breakout</p>\n <p><strong>14 May:</strong> Mojo Grade upgraded to Sell from Strong Sell</p>\n <p><strong>15 May:</strong> Stock closes week lower at Rs.13.52 (-4.72% on day)</p>\n </div>\n\n <div class=\"stats-row\">\n <div class=\"stat-item\"><div class=\"stat-label\">Week Open</div><div class=\"stat-value\">Rs.14.78</div></div>\n <div class=\"stat-item\"><div class=\"stat-label\">Week Close</div><div class=\"stat-value\">Rs.13.52..." }, { "title": "Bihar Sponge Iron Ltd Upgraded to Sell on Technical Improvements and Market Performance", "link": "https://www.marketsmojo.com/news/stock-recommendation/bihar-sponge-iron-ltd-upgraded-to-sell-on-technical-improvements-and-market-performance-3990578", "imagepath": "https://i.marketsmojo.com/newsimg/2026/5/BiharSpongeIron_mojoScore_3990578.png", "date": "2026-05-14 08:11:36", "description": "Bihar Sponge Iron Ltd has seen its investment rating upgraded from Strong Sell to Sell as of 13 May 2026, driven primarily by a shift in technical indicators amid persistent fundamental weaknesses. While the company’s financial trend shows some positive quarterly performance, concerns over valuation and long-term quality remain significant, keeping the overall rating cautious." }, { "title": "Golden Cross Forms in Bihar Sponge Iron Ltd — On a Day the Stock Gained 1.54%. What the Mixed Signals Mean", "link": "https://www.marketsmojo.com/news/stocks-in-action/bihar-sponge-iron-ltd-forms-golden-cross-indicating-potential-bullish-breakout-3989898", "imagepath": "https://i.marketsmojo.com/newsimg/2026/5/BiharSpongeIron_goldencross_3989898.png", "date": "2026-05-13 18:01:21", "description": "The 50-day moving average has crossed above the 200-day moving average for Bihar Sponge Iron Ltd on 13 May 2026, signalling a golden cross. Yet, the broader technical indicators and fundamental context present a nuanced picture that tempers the enthusiasm this crossover might typically inspire." }, { "title": "Bihar Sponge Iron Ltd is Rated Strong Sell", "link": "https://www.marketsmojo.com/news/stock-recommendation/bihar-sponge-iron-ltd-is-rated-strong-sell-3984010", "imagepath": "https://i.marketsmojo.com/newsimg/2026/5/BiharSpongeIron_mojoScore_3984010.png", "date": "2026-05-10 10:10:26", "description": "Bihar Sponge Iron Ltd is rated Strong Sell by MarketsMOJO, with this rating last updated on 12 Aug 2025. However, the analysis and financial metrics discussed here reflect the stock’s current position as of 10 May 2026, providing investors with an up-to-date view of the company’s fundamentals, valuation, financial trends, and technical outlook." } ], "total": 147, "sid": "708802", "stock_news_url": "https://www.marketsmojo.com/news/bihar-sponge-iron-708802" }, "announcements": [ { "caption": "Announcement under Regulation 30 (LODR)-Newspaper Publication", "datetime": "30-May-2026", "details": "Newspaper Publication of Results", "source": "BSE" }, { "caption": "Board Meeting Outcome for Audited Financial Results For The 4Th Quarter And Year Ended 31St March 2026 And Outcome Of Board Meeting Held On 29Th May 2026", "datetime": "29-May-2026", "details": "Audited Financial Results for the 4th quarter and year ended 31st March 2026 and outcome of Board Meeting held on 29th May 2026", "source": "BSE" }, { "caption": "Audited Financial Results For The 4Th Quarter And Year Ended 31St March 2026 Outcome & Disclosure Of Board Meeting Held On 29Th May 2026", "datetime": "29-May-2026", "details": "Disclosure under regulation 30 of LODR 2015.", "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": [] } ] }

Key Events This Week

11 May: Stock opens at Rs.14.56 amid broad market weakness

13 May: Golden Cross formation signals potential bullish breakout

14 May: Mojo Grade upgraded to Sell from Strong Sell

15 May: Stock closes week lower at Rs.13.52 (-4.72% on day)

Read full news article

Bihar Sponge Iron Ltd Upgraded to Sell on Technical Improvements and Market Performance

2026-05-14 08:11:36

Bihar Sponge Iron Ltd has seen its investment rating upgraded from Strong Sell to Sell as of 13 May 2026, driven primarily by a shift in technical indicators amid persistent fundamental weaknesses. While the company’s financial trend shows some positive quarterly performance, concerns over valuation and long-term quality remain significant, keeping the overall rating cautious.

Read full news article

Golden Cross Forms in Bihar Sponge Iron Ltd — On a Day the Stock Gained 1.54%. What the Mixed Signals Mean

2026-05-13 18:01:21

The 50-day moving average has crossed above the 200-day moving average for Bihar Sponge Iron Ltd on 13 May 2026, signalling a golden cross. Yet, the broader technical indicators and fundamental context present a nuanced picture that tempers the enthusiasm this crossover might typically inspire.

Read full news article

Bihar Sponge Iron Ltd is Rated Strong Sell

2026-05-10 10:10:26

Bihar Sponge Iron Ltd is rated Strong Sell by MarketsMOJO, with this rating last updated on 12 Aug 2025. However, the analysis and financial metrics discussed here reflect the stock’s current position as of 10 May 2026, providing investors with an up-to-date view of the company’s fundamentals, valuation, financial trends, and technical outlook.

Read full news article