Nova Iron &Steel

{
  "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": "",
    "primexch": 0,
    "country_id": 34,
    "currency": "INR",
    "cmp": "12.65",
    "chg": 0.41,
    "chgp": "3.35%",
    "dir": 1,
    "prev_price": "12.24",
    "mcapval": "44.00 Cr",
    "mcap": "Micro Cap",
    "scripcode": 513566,
    "symbol": "",
    "ind_name": "Iron & Steel Products",
    "ind_code": 86,
    "indexname": "India SENSEX",
    "isin": "INE608C01026",
    "curr_date": "Apr 10",
    "curr_time": "",
    "bse_nse_vol": "2.57 k",
    "exc_status": "Active",
    "traded_date": "Apr 10, 2026",
    "traded_date_str": "2026 04 10",
    "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": "Nova Iron & Steel Ltd Falls to 52-Week Low of Rs 10.54 as Sell-Off Deepens",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/nova-iron-steel-ltd-falls-to-52-week-low-of-rs1054-amidst-continued-downtrend-3935918",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/4/NovaIronSteelLt_priceRelatedfactors_3935918.png",
        "date": "2026-04-07 11:35:10",
        "description": "For the fifth consecutive session, Nova Iron & Steel Ltd closed lower, hitting a fresh 52-week low of Rs 10.54 on 7 Apr 2026, extending its downward trajectory amid persistent selling pressure."
      },
      {
        "title": "Nova Iron & Steel Ltd is Rated Strong Sell",
        "link": "https://www.marketsmojo.com/news/stock-recommendation/nova-iron-steel-ltd-is-rated-strong-sell-3930174",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/4/NovaIronSteelLt_mojoScore_3930174.png",
        "date": "2026-04-02 10:10:29",
        "description": "Nova Iron & Steel Ltd is rated Strong Sell by MarketsMOJO. This rating was last updated on 30 September 2024. However, the analysis and financial metrics presented here reflect the company’s current position as of 02 April 2026, providing investors with the latest insights into the stock’s performance and outlook."
      },
      {
        "title": "Nova Iron & Steel Ltd Falls to 52-Week Low of Rs 10.58 as Sell-Off Deepens",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/nova-iron-steel-ltd-falls-to-52-week-low-of-rs1058-amid-market-downturn-3924595",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/3/NovaIronSteelLt_priceRelatedfactors_3924595.png",
        "date": "2026-03-30 11:56:26",
        "description": "For the second consecutive session, Nova Iron & Steel Ltd has seen its share price decline sharply, hitting a fresh 52-week low of Rs 10.58 on 30 Mar 2026. This drop comes amid broader market weakness but also reflects company-specific pressures that have weighed heavily on investor sentiment."
      },
      {
        "title": "Nova Iron & Steel Ltd Falls to 52-Week Low of Rs 11.37 as Sell-Off Deepens",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/nova-iron-steel-ltd-stock-hits-52-week-low-at-rs1137-3908030",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/3/NovaIronSteelLt_priceRelatedfactors_3908030.png",
        "date": "2026-03-23 13:26:38",
        "description": ""
      },
      {
        "title": "Nova Iron & Steel Ltd is Rated Strong Sell",
        "link": "https://www.marketsmojo.com/news/stock-recommendation/nova-iron-steel-ltd-is-rated-strong-sell-3900201",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/3/NovaIronSteelLt_mojoScore_3900201.png",
        "date": "2026-03-19 10:10:34",
        "description": "Nova Iron & Steel Ltd is rated Strong Sell by MarketsMOJO, with this rating last updated on 30 September 2024. However, the analysis and financial metrics discussed here reflect the stock’s current position as of 19 March 2026, providing investors with an up-to-date view of the company’s fundamentals, valuation, financial trend, and technical outlook."
      },
      {
        "title": "Nova Iron & Steel Ltd is Rated Strong Sell",
        "link": "https://www.marketsmojo.com/news/stock-recommendation/nova-iron-steel-ltd-is-rated-strong-sell-3873101",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/3/NovaIronSteelLt_mojoScore_3873101.png",
        "date": "2026-03-05 10:10:37",
        "description": "Nova Iron & Steel Ltd is rated Strong Sell by MarketsMOJO, with this rating last updated on 30 September 2024. However, the analysis and financial metrics discussed below reflect the stock's current position as of 05 March 2026, providing investors with an up-to-date view of the company’s performance and outlook."
      },
      {
        "title": "Nova Iron & Steel Gains 8.33% Amid Sharp Quarterly Losses and Margin Pressures",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/nova-iron-steel-gains-833-amid-sharp-quarterly-losses-and-margin-pressures-3862429",
        "imagepath": "",
        "date": "2026-02-28 14:03:38",
        "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>23 Feb:</strong> Stock opens at Rs.13.00, modest gain of 1.17%</p>\n                    <p><strong>24 Feb:</strong> Sharp decline of 4.77% amid broader market weakness</p>\n                    <p><strong>25 Feb:</strong> Strong rebound with 12.36% surge on heavy volume</p>\n                    <p><strong>26 Feb:</strong> Continued gains of 2.16% on record volume</p>\n                    <p><strong>27 Feb:</strong> Quarterly results reveal steep losses; stock dips 2.04%</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.13.00</div></div>\n                    <div..."
      },
      {
        "title": "Nova Iron & Steel Ltd Reports Sharp Quarterly Decline Amid Negative Financial Trend",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/nova-iron-steel-ltd-reports-sharp-quarterly-decline-amid-negative-financial-trend-3860188",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/2/NovaIronSteelLt_fintrenddot_3860188.png",
        "date": "2026-02-27 11:00:05",
        "description": "Nova Iron & Steel Ltd has reported a significant downturn in its financial performance for the quarter ended December 2025, marking a shift from a previously flat trend to a distinctly negative trajectory. The company’s quarterly profit after tax (PAT) plunged to a loss of ₹11.77 crores, reflecting a steep decline of 222.5% compared to its average over the previous four quarters. This deterioration has led to a downgrade in its Mojo Grade to Strong Sell, signalling heightened caution for investors amid challenging market conditions."
      },
      {
        "title": "Nova Iron & Steel Q3 FY26: Steep Losses Deepen Amid Margin Collapse",
        "link": "https://www.marketsmojo.com/news/result-analysis/nova-iron-steel-q3-fy26-steep-losses-deepen-amid-margin-collapse-3860203",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/2/NovaIronSteel_quaterlyResult_3860203.png",
        "date": "2026-02-27 09:48:00",
        "description": "Nova Iron & Steel Ltd., a micro-cap steel manufacturer with a market capitalisation of ₹50.00 crores, reported a troubling third quarter for FY2026, posting a net loss of ₹11.77 crores compared to a loss of ₹1.06 crores in Q2 FY26. The company's performance deteriorated sharply despite modest revenue growth, with operating margins collapsing into deeply negative territory and raising serious questions about the sustainability of operations."
      }
    ],
    "total": 5077,
    "sid": "869928",
    "stock_news_url": "https://www.marketsmojo.com/news/nova-iron-steel-869928"
  },
  "announcements": [
    {
      "caption": "Board Meeting Outcome for Reclassification Of Promoters Mr. Aniket Singal Ms. Priyanka Ankit Miglani And Ms. Radhika Saurabh Dhoot From Promoter Category To Public Category Shareholder",
      "datetime": "08-Apr-2026",
      "details": "we wish to inform you that the Board at its meeting held today i.e. 08th April 2026 has inter alia considered and approved the request letter received on 31 March 2026 from the Promoters namely Mr. Aniket Singal Ms. Priyanka Ankit Miglani and Ms. Radhika Saurabh Dhoot seeking re-classification from the promoter category to public category shareholder in accordance with Regulation 31A of the Listing Regulations.",
      "source": "BSE"
    },
    {
      "caption": "Closure of Trading Window",
      "datetime": "01-Apr-2026",
      "details": "In accordance with the provision of SEBI ( Prohibition of Insider Trading) (Second Amendment) Regulation 2019 the Trading Window for dealing in securities of the company shall reamin closed for all the designated persons and their immediate relatives from the quarter and year ended 31/03/2026 till 48 hours after the declaration of financial results for the quarter and year ended 31/03/2026",
      "source": "BSE"
    },
    {
      "caption": "Intimation Pursuant To Disclosure Requirements Under Regulation 31A(8)(A) Of SEBI(Listing Obligation And Disclosure Requirements)Regulations 2015",
      "datetime": "31-Mar-2026",
      "details": "This is to inform you that the company has received a request vide email dated March 31 2026 from the promoters namely Mr. Aniket Singal Ms. Priyanka Ankit Miglani and Ms. Radhika Saurabh Dhoot seeking reclassification from the Promoter category to the Public category in accordance with Regulation 31A of SEBI (Listing Obligations and Disclosure Requirements) Regulation 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": []
    }
  ]
}

News and Views

Nova Iron & Steel Ltd Falls to 52-Week Low of Rs 10.54 as Sell-Off Deepens

2026-04-07 11:35:10

For the fifth consecutive session, Nova Iron & Steel Ltd closed lower, hitting a fresh 52-week low of Rs 10.54 on 7 Apr 2026, extending its downward trajectory amid persistent selling pressure.

Read full news article

Nova Iron & Steel Ltd is Rated Strong Sell

2026-04-02 10:10:29

Nova Iron & Steel Ltd is rated Strong Sell by MarketsMOJO. This rating was last updated on 30 September 2024. However, the analysis and financial metrics presented here reflect the company’s current position as of 02 April 2026, providing investors with the latest insights into the stock’s performance and outlook.

Read full news article

Nova Iron & Steel Ltd Falls to 52-Week Low of Rs 10.58 as Sell-Off Deepens

2026-03-30 11:56:26

For the second consecutive session, Nova Iron & Steel Ltd has seen its share price decline sharply, hitting a fresh 52-week low of Rs 10.58 on 30 Mar 2026. This drop comes amid broader market weakness but also reflects company-specific pressures that have weighed heavily on investor sentiment.

Read full news article

Nova Iron & Steel Ltd Falls to 52-Week Low of Rs 11.37 as Sell-Off Deepens

2026-03-23 13:26:38

Read full news article

Nova Iron & Steel Ltd is Rated Strong Sell

2026-03-19 10:10:34

Nova Iron & Steel Ltd is rated Strong Sell by MarketsMOJO, with this rating last updated on 30 September 2024. However, the analysis and financial metrics discussed here reflect the stock’s current position as of 19 March 2026, providing investors with an up-to-date view of the company’s fundamentals, valuation, financial trend, and technical outlook.

Read full news article

Nova Iron & Steel Ltd is Rated Strong Sell

2026-03-05 10:10:37

Nova Iron & Steel Ltd is rated Strong Sell by MarketsMOJO, with this rating last updated on 30 September 2024. However, the analysis and financial metrics discussed below reflect the stock's current position as of 05 March 2026, providing investors with an up-to-date view of the company’s performance and outlook.

Read full news article

Nova Iron & Steel Gains 8.33% Amid Sharp Quarterly Losses and Margin Pressures

2026-02-28 14:03:38

Key Events This Week

23 Feb: Stock opens at Rs.13.00, modest gain of 1.17%

24 Feb: Sharp decline of 4.77% amid broader market weakness

25 Feb: Strong rebound with 12.36% surge on heavy volume

26 Feb: Continued gains of 2.16% on record volume

27 Feb: Quarterly results reveal steep losses; stock dips 2.04%

Week Open

Rs.13.00

Read full news article

Nova Iron & Steel Ltd Reports Sharp Quarterly Decline Amid Negative Financial Trend

2026-02-27 11:00:05

Nova Iron & Steel Ltd has reported a significant downturn in its financial performance for the quarter ended December 2025, marking a shift from a previously flat trend to a distinctly negative trajectory. The company’s quarterly profit after tax (PAT) plunged to a loss of ₹11.77 crores, reflecting a steep decline of 222.5% compared to its average over the previous four quarters. This deterioration has led to a downgrade in its Mojo Grade to Strong Sell, signalling heightened caution for investors amid challenging market conditions.

Read full news article

Nova Iron & Steel Q3 FY26: Steep Losses Deepen Amid Margin Collapse

2026-02-27 09:48:00

Nova Iron & Steel Ltd., a micro-cap steel manufacturer with a market capitalisation of ₹50.00 crores, reported a troubling third quarter for FY2026, posting a net loss of ₹11.77 crores compared to a loss of ₹1.06 crores in Q2 FY26. The company's performance deteriorated sharply despite modest revenue growth, with operating margins collapsing into deeply negative territory and raising serious questions about the sustainability of operations.

Read full news article

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