{
  "main_header": {
    "sid": 869928,
    "name": "Nova Iron &Steel",
    "stock_name": "Nova Iron &Steel",
    "full_name": "Nova Iron & Steel Ltd",
    "name_url": "stocks-analysis/nova-iron-steel",
    "exchange": 0,
    "exchangecode": "",
    "country_id": 34,
    "currency": "INR",
    "cmp": "13.55",
    "chg": 0.21,
    "chgp": "1.57%",
    "dir": 1,
    "prev_price": "13.34",
    "mcapval": "47.00 Cr",
    "mcap": "Micro Cap",
    "scripcode": 513566,
    "symbol": "",
    "ind_name": "Iron & Steel Products",
    "ind_code": 86,
    "indexname": "",
    "isin": "INE608C01026",
    "curr_date": "Dec 05",
    "curr_time": "",
    "bse_nse_vol": "4.02 k",
    "exc_status": "Active",
    "traded_date": "Dec 05, 2025",
    "traded_date_str": "2025 12 05",
    "score": "",
    "scoreText": "",
    "Live": 0,
    "market_time": 0,
    "is_blur": 1,
    "is_blur_class": "blur-register-score-header",
    "is_blur_url": "https://www.marketsmojo.com/mojofeed/register?redirect=/stocks-analysis/nova-iron-steel-869928-0&utm_source=Spage_Header_Score",
    "mojoone": {
      "ismore": 0
    }
  },
  "news": {
    "results": [
      {
        "title": "How has been the historical performance of Nova Iron &Steel?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/how-has-been-the-historical-performance-of-nova-iron-steel-3703346",
        "imagepath": "",
        "date": "2025-11-14 23:56:07",
        "description": "Answer:\nThe historical performance of Nova Iron & Steel shows a challenging financial landscape, particularly in the fiscal year ending March 2016.\n\nBreakdown:\nIn March 2016, Nova Iron & Steel reported net sales of 11.59 crore and other operating income of 4.00 crore, leading to a total operating income of 15.59 crore. The company's total expenditure, excluding depreciation, was 14.58 crore, resulting in an operating profit (PBDIT) of 1.01 crore, which increased to 1.13 crore when including other income. However, the company faced significant interest expenses of 6.01 crore, leading to a gross profit (PBDT) of -4.89 crore and a profit before tax of -6.21 crore. After accounting for tax and other adjustments, the profit after tax stood at -6.48 crore, culminating in a consolidated net profit of -4.45 crore. The earnings per share (EPS) were reported at -1.23, with a diluted EPS of -1.79. The operating profit..."
      },
      {
        "title": "Why is Nova Iron &Steel falling/rising?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/why-is-nova-iron-steel-fallingrising-3635794",
        "imagepath": "",
        "date": "2025-10-20 22:05:53",
        "description": "As of 20-Oct, Nova Iron & Steel Ltd is experiencing a decline in its stock price, currently at 13.90, which represents a decrease of 0.6 or 4.14%. The stock has underperformed its sector by 3.52% today and is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Additionally, investor participation has fallen significantly, with a delivery volume of 3.33k on 17 October, down by 48.23% compared to the 5-day average. The stock has also shown poor performance over various periods, with a year-to-date decline of 21.20% and a one-year drop of 38.77%, indicating a consistent downward trend.\n\nIn the broader market context, the Sensex has performed positively, gaining 2.47% over the past week and 7.97% year-to-date, contrasting sharply with Nova Iron & Steel's negative returns. This divergence suggests that while the overall market is experiencing growth, Nova Iron & Steel is struggling to ..."
      },
      {
        "title": "Why is Nova Iron &Steel falling/rising?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/why-is-nova-iron-steel-fallingrising-3586751",
        "imagepath": "",
        "date": "2025-10-01 22:20:50",
        "description": "As of 01-October, Nova Iron & Steel Ltd's stock price is currently at 14.72, reflecting a decrease of 0.26, or 1.74%. The stock has underperformed its sector today by 7.5%, and while it is higher than the 100-day moving average, it is lower than the 5-day, 20-day, 50-day, and 200-day moving averages. Over the past week, the stock has declined by 5.03%, and year-to-date, it has dropped 16.55%. Despite a positive return of 1.38% over the past month, the stock has seen a significant decline of 43.75% over the past year. The delivery volume has increased by 129.04% against the 5-day average, indicating rising investor participation, but the absence of specific positive or negative factors limits a deeper analysis of the stock's recent movement.\n\nIn the broader market context, the Sensex has experienced a slight decline of 0.90% over the past week, which is less severe than Nova Iron & Steel's decline. The stock..."
      },
      {
        "title": "Why is Nova Iron &Steel falling/rising?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/why-is-nova-iron-steel-fallingrising-3567008",
        "imagepath": "",
        "date": "2025-09-24 22:14:58",
        "description": "As of 24-Sep, Nova Iron & Steel Ltd is experiencing a slight increase in its stock price, currently at 15.78, with a change of 0.03, representing a 0.19% rise. Despite this minor uptick, the stock has underperformed its sector by 0.78% today. Over the past week, the stock has shown a strong performance with an increase of 8.75%, while it has risen by 3.88% over the past month. However, the company has a negative book value and weak long-term fundamental strength, as indicated by a significant decline in net sales and operating profits over the last five years. The stock is also considered risky due to negative operating profits and a high debt-to-equity ratio, which may contribute to investor caution.\n\nIn the broader market context, while the stock has shown positive short-term returns, it has significantly underperformed the benchmark, with a year-to-date decline of 10.54% compared to the Sensex's gain of ..."
      },
      {
        "title": "Why is Nova Iron &Steel falling/rising?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/why-is-nova-iron-steel-fallingrising-3560969",
        "imagepath": "",
        "date": "2025-09-23 22:26:04",
        "description": "As of 23-Sep, Nova Iron & Steel Ltd is currently priced at 15.75, reflecting a decrease of 0.05, or 0.32%. The stock has recently underperformed its sector by 1.1% and has experienced a trend reversal, falling after three consecutive days of gains. Despite this, the stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating some positive momentum. However, the company faces significant challenges, including a negative book value and weak long-term fundamentals, with net sales declining by 23.51% over the last six months. Additionally, the stock has generated a return of -33.40% over the past year, significantly underperforming the broader market, which saw a decline of only 4.69%.\n\nIn the short term, Nova Iron & Steel has shown a return of 7.14% over the past week, contrasting with a slight decline of 0.34% in the Sensex, suggesting some resilience in the stock relati..."
      },
      {
        "title": "Why is Nova Iron &Steel falling/rising?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/why-is-nova-iron-steel-fallingrising-3554101",
        "imagepath": "",
        "date": "2025-09-22 22:14:51",
        "description": "As of 22-Sep, Nova Iron & Steel Ltd is experiencing a price increase, currently at 15.81, reflecting a rise of 0.89 or 5.97%. The stock has shown strong performance recently, gaining 8.96% over the last three days and outperforming its sector by 5.52% today. Additionally, it is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend. Investor participation has also increased, with delivery volume rising by 83.69% against the 5-day average, suggesting heightened interest in the stock. Unfortunately, there is no information available regarding positive or negative factors that could further explain the stock's recent movement.\n\nIn the broader market context, Nova Iron & Steel's short-term return of 5.61% over the past week significantly outpaces the Sensex, which has only increased by 0.46% during the same period. This indicates that the stock is not only per..."
      },
      {
        "title": "Why is Nova Iron &Steel falling/rising?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/why-is-nova-iron-steel-fallingrising-3538841",
        "imagepath": "",
        "date": "2025-09-19 22:08:26",
        "description": "As of 19-Sep, Nova Iron & Steel Ltd's stock price is currently at 14.92, reflecting a slight increase of 0.04 or 0.27%. The stock has shown a positive trend recently, gaining 2.83% over the last two days and outperforming its sector by 0.65%. However, despite this short-term gain, the stock has underperformed in the longer term, with a year-to-date decline of 15.42% and a significant drop of 36.51% over the past year. The company faces challenges, including a negative book value and weak long-term fundamentals, as evidenced by stagnant net sales and negative operating profits. Additionally, the stock's liquidity is adequate, but there has been a notable decrease in investor participation, with delivery volume falling by 19.14% against the five-day average.\n\nBroader market context indicates that while the Sensex has gained 0.88% over the past week, Nova Iron & Steel's stock has declined by 0.53% in the same ..."
      },
      {
        "title": "Why is Nova Iron &Steel falling/rising?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/why-is-nova-iron-steel-fallingrising-3533133",
        "imagepath": "",
        "date": "2025-09-18 22:12:06",
        "description": "As of 18-Sep, Nova Iron & Steel Ltd's stock price is currently at 14.88, reflecting an increase of 0.37 or 2.55%. Today's price summary indicates that the stock has outperformed its sector by 1.9% and has experienced a trend reversal, gaining after six consecutive days of decline. Despite this positive movement, the stock has shown poor performance over the longer term, with a year-to-date decline of 15.65% and a staggering 38.03% drop over the past year. The company faces significant challenges, including a negative book value and weak long-term fundamental strength, as evidenced by a lack of growth in net sales and operating profit over the last five years. Additionally, the company has a high debt-to-equity ratio and has reported negative operating profits, which contribute to its risky trading status.\n\nIn the broader market context, while Nova Iron & Steel's stock has seen a slight uptick today, it has ..."
      },
      {
        "title": "Why is Nova Iron &Steel falling/rising?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/why-is-nova-iron-steel-fallingrising-3521477",
        "imagepath": "",
        "date": "2025-09-16 22:07:56",
        "description": "As of 16-Sep, Nova Iron & Steel Ltd's stock price is currently at 14.70, reflecting a decrease of 0.27, or 1.8%. The stock has been underperforming, having fallen consecutively for the last two days, resulting in a total decline of 2% in that period. Additionally, the stock has underperformed its sector by 1.11% today. Over the past week, it has decreased by 2.33%, while its one-month performance shows a slight increase of 1.59%. However, the year-to-date return is significantly negative at -16.67%, and the one-year return is even more concerning at -42.91%. The company is facing challenges, including a negative book value and weak long-term fundamental strength, with net sales and profits showing a decline.\n\nIn the broader market context, the Sensex has shown a positive return of 1.58% over the past week and 2.21% over the past month, indicating that Nova Iron & Steel's performance is lagging behind the ma..."
      }
    ],
    "total": 5061,
    "sid": "869928",
    "stock_news_url": "https://www.marketsmojo.com/news/nova-iron-steel-869928"
  },
  "announcements": [
    {
      "caption": "Announcement under Regulation 30 (LODR)-Scheme of Arrangement",
      "datetime": "17-Nov-2025",
      "details": "Pursuant to Regulation 30 of SEBI (LODR) Regulations 2015 read with Schedule III Part A Para A Clause 1 we wish to inform you that in accordance with the authority granted by the sahreholders by way of special resolution passed at the 33rd Annual General Meeting on 17/09/2025 under section 180(1)(a) of the Companies Act 2013 to significantly reduce its outstanding debt obligation and strengthen its financial position the COmpany is now undertaking the realisation of various assets.",
      "source": "BSE"
    },
    {
      "caption": "Board Meeting Outcome for Outcome Of The Board Meeting Held On 14Th November 2025",
      "datetime": "14-Nov-2025",
      "details": "The Board of Directors at its meeting held on 14/11/2025 took note of the delay in submitting the financial results for the quarter and half year ended 30/09/2025 and the disclosure to be made to BSE pursuant to SEBI Circular CIR/CFD/CMD-1/142/2018 dated 19 November 2018 regarding disclosure of reasons for the delay in submission of financial results by listed entities. It was further informed that the Board Meeting commenced at 4:40 P.M. and ended at 5:40 P.M.",
      "source": "BSE"
    },
    {
      "caption": "Disclosure Of Reasons For Delay In Submission Of Unaudited Financial Results For The Quarter And Half Year Ended 30/09/2025",
      "datetime": "14-Nov-2025",
      "details": "This is to inform you that due to certain technical difficulties experienced in our financial accounting system the Company will be unable to submit the unaudited financial results for the quarter and half year ended on 30/09/2025.",
      "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": []
    }
  ]
}

News and Views

How has been the historical performance of Nova Iron &Steel?

2025-11-14 23:56:07

Answer: The historical performance of Nova Iron & Steel shows a challenging financial landscape, particularly in the fiscal year ending March 2016. Breakdown: In March 2016, Nova Iron & Steel reported net sales of 11.59 crore and other operating income of 4.00 crore, leading to a total operating income of 15.59 crore. The company's total expenditure, excluding depreciation, was 14.58 crore, resulting in an operating profit (PBDIT) of 1.01 crore, which increased to 1.13 crore when including other income. However, the company faced significant interest expenses of 6.01 crore, leading to a gross profit (PBDT) of -4.89 crore and a profit before tax of -6.21 crore. After accounting for tax and other adjustments, the profit after tax stood at -6.48 crore, culminating in a consolidated net profit of -4.45 crore. The earnings per share (EPS) were reported at -1.23, with a diluted EPS of -1.79. The operating profit...

Read More

Why is Nova Iron &Steel falling/rising?

2025-10-20 22:05:53

As of 20-Oct, Nova Iron & Steel Ltd is experiencing a decline in its stock price, currently at 13.90, which represents a decrease of 0.6 or 4.14%. The stock has underperformed its sector by 3.52% today and is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Additionally, investor participation has fallen significantly, with a delivery volume of 3.33k on 17 October, down by 48.23% compared to the 5-day average. The stock has also shown poor performance over various periods, with a year-to-date decline of 21.20% and a one-year drop of 38.77%, indicating a consistent downward trend. In the broader market context, the Sensex has performed positively, gaining 2.47% over the past week and 7.97% year-to-date, contrasting sharply with Nova Iron & Steel's negative returns. This divergence suggests that while the overall market is experiencing growth, Nova Iron & Steel is struggling to ...

Read More

Why is Nova Iron &Steel falling/rising?

2025-10-01 22:20:50

As of 01-October, Nova Iron & Steel Ltd's stock price is currently at 14.72, reflecting a decrease of 0.26, or 1.74%. The stock has underperformed its sector today by 7.5%, and while it is higher than the 100-day moving average, it is lower than the 5-day, 20-day, 50-day, and 200-day moving averages. Over the past week, the stock has declined by 5.03%, and year-to-date, it has dropped 16.55%. Despite a positive return of 1.38% over the past month, the stock has seen a significant decline of 43.75% over the past year. The delivery volume has increased by 129.04% against the 5-day average, indicating rising investor participation, but the absence of specific positive or negative factors limits a deeper analysis of the stock's recent movement. In the broader market context, the Sensex has experienced a slight decline of 0.90% over the past week, which is less severe than Nova Iron & Steel's decline. The stock...

Read More

Why is Nova Iron &Steel falling/rising?

2025-09-24 22:14:58

As of 24-Sep, Nova Iron & Steel Ltd is experiencing a slight increase in its stock price, currently at 15.78, with a change of 0.03, representing a 0.19% rise. Despite this minor uptick, the stock has underperformed its sector by 0.78% today. Over the past week, the stock has shown a strong performance with an increase of 8.75%, while it has risen by 3.88% over the past month. However, the company has a negative book value and weak long-term fundamental strength, as indicated by a significant decline in net sales and operating profits over the last five years. The stock is also considered risky due to negative operating profits and a high debt-to-equity ratio, which may contribute to investor caution. In the broader market context, while the stock has shown positive short-term returns, it has significantly underperformed the benchmark, with a year-to-date decline of 10.54% compared to the Sensex's gain of ...

Read More

Why is Nova Iron &Steel falling/rising?

2025-09-23 22:26:04

As of 23-Sep, Nova Iron & Steel Ltd is currently priced at 15.75, reflecting a decrease of 0.05, or 0.32%. The stock has recently underperformed its sector by 1.1% and has experienced a trend reversal, falling after three consecutive days of gains. Despite this, the stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating some positive momentum. However, the company faces significant challenges, including a negative book value and weak long-term fundamentals, with net sales declining by 23.51% over the last six months. Additionally, the stock has generated a return of -33.40% over the past year, significantly underperforming the broader market, which saw a decline of only 4.69%. In the short term, Nova Iron & Steel has shown a return of 7.14% over the past week, contrasting with a slight decline of 0.34% in the Sensex, suggesting some resilience in the stock relati...

Read More

Why is Nova Iron &Steel falling/rising?

2025-09-22 22:14:51

As of 22-Sep, Nova Iron & Steel Ltd is experiencing a price increase, currently at 15.81, reflecting a rise of 0.89 or 5.97%. The stock has shown strong performance recently, gaining 8.96% over the last three days and outperforming its sector by 5.52% today. Additionally, it is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend. Investor participation has also increased, with delivery volume rising by 83.69% against the 5-day average, suggesting heightened interest in the stock. Unfortunately, there is no information available regarding positive or negative factors that could further explain the stock's recent movement. In the broader market context, Nova Iron & Steel's short-term return of 5.61% over the past week significantly outpaces the Sensex, which has only increased by 0.46% during the same period. This indicates that the stock is not only per...

Read More

Why is Nova Iron &Steel falling/rising?

2025-09-19 22:08:26

As of 19-Sep, Nova Iron & Steel Ltd's stock price is currently at 14.92, reflecting a slight increase of 0.04 or 0.27%. The stock has shown a positive trend recently, gaining 2.83% over the last two days and outperforming its sector by 0.65%. However, despite this short-term gain, the stock has underperformed in the longer term, with a year-to-date decline of 15.42% and a significant drop of 36.51% over the past year. The company faces challenges, including a negative book value and weak long-term fundamentals, as evidenced by stagnant net sales and negative operating profits. Additionally, the stock's liquidity is adequate, but there has been a notable decrease in investor participation, with delivery volume falling by 19.14% against the five-day average. Broader market context indicates that while the Sensex has gained 0.88% over the past week, Nova Iron & Steel's stock has declined by 0.53% in the same ...

Read More

Why is Nova Iron &Steel falling/rising?

2025-09-18 22:12:06

As of 18-Sep, Nova Iron & Steel Ltd's stock price is currently at 14.88, reflecting an increase of 0.37 or 2.55%. Today's price summary indicates that the stock has outperformed its sector by 1.9% and has experienced a trend reversal, gaining after six consecutive days of decline. Despite this positive movement, the stock has shown poor performance over the longer term, with a year-to-date decline of 15.65% and a staggering 38.03% drop over the past year. The company faces significant challenges, including a negative book value and weak long-term fundamental strength, as evidenced by a lack of growth in net sales and operating profit over the last five years. Additionally, the company has a high debt-to-equity ratio and has reported negative operating profits, which contribute to its risky trading status. In the broader market context, while Nova Iron & Steel's stock has seen a slight uptick today, it has ...

Read More

Why is Nova Iron &Steel falling/rising?

2025-09-16 22:07:56

As of 16-Sep, Nova Iron & Steel Ltd's stock price is currently at 14.70, reflecting a decrease of 0.27, or 1.8%. The stock has been underperforming, having fallen consecutively for the last two days, resulting in a total decline of 2% in that period. Additionally, the stock has underperformed its sector by 1.11% today. Over the past week, it has decreased by 2.33%, while its one-month performance shows a slight increase of 1.59%. However, the year-to-date return is significantly negative at -16.67%, and the one-year return is even more concerning at -42.91%. The company is facing challenges, including a negative book value and weak long-term fundamental strength, with net sales and profits showing a decline. In the broader market context, the Sensex has shown a positive return of 1.58% over the past week and 2.21% over the past month, indicating that Nova Iron & Steel's performance is lagging behind the ma...

Read More

View All News