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

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  "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": "10.70",
    "chg": -0.21,
    "chgp": "-1.92%",
    "dir": -1,
    "prev_price": "10.91",
    "mcapval": "96.52 Cr",
    "mcap": "Micro Cap",
    "scripcode": 500058,
    "symbol": "",
    "ind_name": "Ferrous Metals",
    "ind_code": 23,
    "indexname": "",
    "isin": "INE819C01011",
    "curr_date": "Feb 03",
    "curr_time": "",
    "bse_nse_vol": "13.64 k",
    "exc_status": "Active",
    "traded_date": "Feb 03, 2026",
    "traded_date_str": "2026 02 03",
    "score": "",
    "scoreText": "",
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  "news": {
    "results": [
      {
        "title": "Why is Bihar Sponge falling/rising?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/why-is-bihar-sponge-fallingrising-3726710",
        "imagepath": "",
        "date": "2025-11-25 00:44:34",
        "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 Sector Context</strong></p>\n<p>Bihar Sponge's share price decline on 24-Nov is consistent with the overall downturn in the Steel, Sponge Iron, and Pig Iron sector, which fell by 2.06% on the same day. The stock underperformed its sector by 0.74%, signalling specific pressures beyond general market trends. This sector-wide weakness has weighed heavily on the stock, contributing to its negative momentum.</p>\n<p>Moreover, Bihar Sponge is trading below all major moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. This technical positioning indicates a sustained downtrend, which often deters short-term investors and can trigger further selling pressure.</p>\n<p><strong>Comparative Performance Against Benchmarks</strong></p>\n<p>When analysi..."
      },
      {
        "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..."
      }
    ],
    "total": 119,
    "sid": "708802",
    "stock_news_url": "https://uat-researchintel.adityabirlamoney.com/news/bihar-sponge-iron-708802"
  },
  "announcements": [
    {
      "caption": "Report On Special Window For Re-Lodgement Of Transfer Requests Of Physical Shares For The Month Of December 2025",
      "datetime": "15-Jan-2026",
      "details": "Report on Special Window for the Month of December 2025",
      "source": "BSE"
    },
    {
      "caption": "Announcement under Regulation 30 (LODR)-Newspaper Publication",
      "datetime": "15-Jan-2026",
      "details": "Newspaper Publication for Shares Received Under Special Window Open Period",
      "source": "BSE"
    },
    {
      "caption": "Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018",
      "datetime": "13-Jan-2026",
      "details": "Compliance Certificate Under Regulation 74(5) of SEBI(DP) Regulations 2018",
      "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 Bihar Sponge falling/rising?

2025-11-25 00:44:34

Recent Price Movement and Sector Context Bihar Sponge's share price decline on 24-Nov is consistent with the overall downturn in the Steel, Sponge Iron, and Pig Iron sector, which fell by 2.06% on the same day. The stock underperformed its sector by 0.74%, signalling specific pressures beyond general market trends. This sector-wide weakness has weighed heavily on the stock, contributing to its negative momentum. Moreover, Bihar Sponge is trading below all major moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. This technical positioning indicates a sustained downtrend, which often deters short-term investors and can trigger further selling pressure. Comparative Performance Against Benchmarks When analysi...

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...

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