Bihar Sponge Iron Ltd
Bihar Sponge Iron (BSE)


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The average score for Bihar Sponge Iron Ltd stands at 8 against 8, three months back.

Bihar Sponge Iron Limited is engaged in manufacturing and selling of sponge iron. The Company is involved in manufacturing, producing, purchasing, exporting, selling and dealing of pre-reduced form of iron, including sponge iron. The Company produces sponge iron from indigenous iron ore and non-coking coal. The Company's primary product, sponge iron, is a pre-reduced ferrous material, which is used in the place of steel scrap by secondary steel producers operating induction and electric arc furnaces in the construction and infrastructure sectors. The Company has a five mega watt power plant. The Company produces sponge iron from approximately three kilns with an installed capacity of 2.10 lakh metric ton per annum.

Disclaimer : All estimates (1 year forward) are based on Consensus View provided by Refinitiv.

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