Nova Iron & Steel Ltd
Nova Iron &Steel | 513566
Share Price Chart - Nova Iron & Steel Ltd
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About Company
- Nova Iron & Steel Limited was incorporated in 1986
- The company was promoted by Nova Magnetics, Nova Electro-Magnetics and Nova Steels, all belonging to R K Gambhir and G K Gambhir of the Nova group
- The Company is engaged in the manufacture of sponge iron and steel
- The company also provides product separation, screening, and storage facilities
- During the year 1993-94, the company came out with a public issue of 5,27,00,000 equity shares of Rs 10 each for cash to part finance their sponge iron project at Bilaspur, Madhya Pradesh
- In July 15, 1994, the company inaugurated the sponge iron plant at Bilaspur
- In September 1994, they started trial production
- The company entered into agreement with Nova Steels (India) Ltd for the supply of entire production of sponge iron
- During the year 1994-95, the company started selling of their products in the market
- The company's is one of the initial coal-based Sponge Iron Projects in India with the Technical know how from Lurgi Chemie MetaHurgie Industriebau GmbH, Germany
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Volume Analysis data is not available at this time.
Growth Rate
All figures in ₹ Crores
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Frequently Asked Questions
What is Share Price of Nova Iron & Steel Ltd?
The current share price of Nova Iron & Steel Ltd (Nova Iron &Steel) is ₹0.65. This price reflects the latest market valuation and is updated in real-time during trading hours.
What is the 52-week high and low of Nova Iron & Steel Ltd?
Nova Iron & Steel Ltd has a 52-week high of ₹0.00 and a 52-week low of ₹0.00. This range shows the stock's price volatility over the past year.
What is the ROE of Nova Iron & Steel Ltd?
Nova Iron & Steel Ltd has a Return on Equity (ROE) of 14.45%. ROE measures how effectively the company uses shareholders' equity to generate profits, with higher values generally indicating better performance.
What is the ROCE of Nova Iron & Steel Ltd?
The Return on Capital Employed (ROCE) of Nova Iron & Steel Ltd is 0.00%. ROCE measures how efficiently the company generates profits from its capital, indicating management effectiveness.
Disclaimer:
Please note that the above list and information is for research purposes only and are not recommendations. Do your own due diligence or consult an investment advisor before investing. The above data is dynamic in nature and subject to real-time changes and is derived from CMOTS.
