Nova Iron &Steel

Market Cap: Micro Cap
Industry: Iron & Steel Products
ISIN: INE608C01026
NSEID:
BSEID: 513566

INR

13.00

0.28 (2.2%)

BSENSE

Dec 19

BSE+NSE Vol: 3.33 k

{
  "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": "13.00",
    "chg": 0.28,
    "chgp": "2.2%",
    "dir": 1,
    "prev_price": "12.72",
    "mcapval": "47.00 Cr",
    "mcap": "Micro Cap",
    "scripcode": 513566,
    "symbol": "",
    "ind_name": "Iron & Steel Products",
    "ind_code": 86,
    "indexname": "",
    "isin": "INE608C01026",
    "curr_date": "Dec 19",
    "curr_time": "",
    "bse_nse_vol": "3.33 k",
    "exc_status": "Active",
    "traded_date": "Dec 19, 2025",
    "traded_date_str": "2025 12 19",
    "score": "",
    "scoreText": "",
    "Live": 0,
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  "news": {
    "results": [
      {
        "title": "Why is Nova Iron &Steel falling/rising?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/why-is-nova-iron-steel-fallingrising-3752258",
        "imagepath": "",
        "date": "2025-12-09 00:44:05",
        "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 Comparison</strong></p>\n<p>On 08 December, Nova Iron &amp; Steel’s shares declined by ₹0.36, or 2.69%, closing at ₹13.00. This drop is part of a broader negative trend, with the stock falling 6.47% over the past week, compared to a modest 0.63% decline in the Sensex. Over the last month, the stock has decreased by 4.69%, while the Sensex gained 2.27%. The divergence is even more pronounced over longer periods, with the stock down 26.30% year-to-date and 34.18% over the past year, whereas the Sensex has posted gains of 8.91% and 4.15% respectively during these intervals.</p>\n<p>These figures highlight a sustained underperformance relative to the benchmark index, signalling challenges specific to Nova Iron &amp; Steel that are not mirrored in the broader market..."
      },
      {
        "title": "Nova Iron &Steel Sees Revision in Market Evaluation Amidst Challenging Financials",
        "link": "https://www.marketsmojo.com/news/stock-recommendation/nova-iron-steel-downgraded-to-strong-sell-amid-weak-fundamentals-and-bearish-outlook-3750126",
        "imagepath": "https://i.marketsmojo.com/newsimg/2025/12/NovaIronSteel_mojoScore_3750126.png",
        "date": "2025-12-07 10:10:12",
        "description": "Nova Iron &Steel has undergone a notable revision in its market evaluation, reflecting shifts in its fundamental and technical outlook. This adjustment highlights the company's current financial challenges and market positioning within the Iron & Steel Products sector."
      },
      {
        "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..."
      }
    ],
    "total": 5062,
    "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

Why is Nova Iron &Steel falling/rising?

2025-12-09 00:44:05

Recent Price Movement and Market Comparison

On 08 December, Nova Iron & Steel’s shares declined by ₹0.36, or 2.69%, closing at ₹13.00. This drop is part of a broader negative trend, with the stock falling 6.47% over the past week, compared to a modest 0.63% decline in the Sensex. Over the last month, the stock has decreased by 4.69%, while the Sensex gained 2.27%. The divergence is even more pronounced over longer periods, with the stock down 26.30% year-to-date and 34.18% over the past year, whereas the Sensex has posted gains of 8.91% and 4.15% respectively during these intervals.

These figures highlight a sustained underperformance relative to the benchmark index, signalling challenges specific to Nova Iron & Steel that are not mirrored in the broader market...

Nova Iron &Steel Sees Revision in Market Evaluation Amidst Challenging Financials

2025-12-07 10:10:12

Nova Iron &Steel has undergone a notable revision in its market evaluation, reflecting shifts in its fundamental and technical outlook. This adjustment highlights the company's current financial challenges and market positioning within the Iron & Steel Products sector.

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...

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 ...

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...

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 ...

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...

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...

View All News

Announcement

Announcement under Regulation 30 (LODR)-Scheme of Arrangement

17-Nov-2025 | Source : BSE

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.

Board Meeting Outcome for Outcome Of The Board Meeting Held On 14Th November 2025

14-Nov-2025 | Source : BSE

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.

Disclosure Of Reasons For Delay In Submission Of Unaudited Financial Results For The Quarter And Half Year Ended 30/09/2025

14-Nov-2025 | Source : BSE

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.