Industry analysis
Sponge Iron
Read from what its listed companies are showing. Valuations are compared within this industry.
Too few companies to judge
7 listed companies · ₹ 20,557 Cr. total market valueFewer than 8 companies here have results to compare, so the sector is not called either way. The figures below are still shown.
- ●50% of companies grew sales by more than 8% from a year earlier; the typical company's profit fell 31%. 29% made a loss.
- ●1 credit rating upgrade and no downgrades in the last 90 days.
- –5 good and no bad company announcements (read since 6 Oct 2026; not counted until there is a month of them).
- ●The typical share is down 5.7% in 3 months; 50% of shares trade above their 200-day average (their usual level).
- –Typical P/E 18.4, 17% below these companies' usual level (cheaper than normal).
- –Raised ₹ 10 Cr. by issuing shares (1 issue) in 90 days; 1 more fund raise on the way.
▲ / ▼ / ● are the signals the verdict counts: results, credit ratings, announcements and share prices. Lines marked – are shown but not counted.
In charts
Share prices over the last year
The typical Sponge Iron share against the typical share on the market, both starting at 100. Now 75 vs 83.
Is growth speeding up or slowing down?
The typical company's sales and profit growth against the same quarter a year earlier.
Cheaper than peers
Not a buy list. These shares trade at a P/E at least 30% below their industry's typical level and below their own usual level, and they also pass basic checks: profitable, sales and profit growing, low debt, no red flags, market value of ₹250 Cr or more. Cheap shares are often cheap for a reason; this is where to start reading, not where to stop.
| Details | ||||
|---|---|---|---|---|
| Vraj Iron and Steel VRAJ | 11 vs 18.440% cheaper | +40.6% / +50% | ₹ 394.08 Cr. |
Cheaper than peers across the whole market
Leaders and laggards
Good news
- Chaman MetallicsStrong results
- Vaswani IndustriesPromoters buying
- KIOCLRating outlook raised
Warning signs
No red flags in 90 days.
Best shares, 3 months
- S.A.L. Steel Ltd+19.8%
- Chaman Metallics+14.3%
- Vraj Iron and Steel−1.1%
- Bihar Sponge Iron−5.7%
- KIOCL−10.8%
Worst shares, 3 months
- Shri Hare-Krishna Sponge Iron−30.3%
- Vaswani Industries−21%
- KIOCL−10.8%
- Bihar Sponge Iron−5.7%
- Vraj Iron and Steel−1.1%
Companies
Click a column to sort.
| Signs (90 days) | |||||||
|---|---|---|---|---|---|---|---|
| KIOCL KIOCL | Sponge Iron | ₹ 19,599.49 Cr. | +73.6% | Loss | 501.7 | −10.8% | Rating outlook raised |
| Vraj Iron and Steel VRAJ | Sponge Iron | ₹ 394.08 Cr. | +40.6% | +50% | 11 | −1.1% | |
| Chaman Metallics CMNL | Sponge Iron | ₹ 265.48 Cr. | +255.7% | Loss | 43.6 | +14.3% | Strong results |
| Vaswani Industries VASWANI | Sponge Iron | ₹ 138.38 Cr. | +3.1% | −78.8% | 18.4 | −21% | Promoters buying |
| Bihar Sponge Iron 500058 | Sponge Iron | ₹ 102.81 Cr. | −100% | +17% | 8.9 | −5.7% | |
| Shri Hare-Krishna Sponge Iron SHKSIL | Sponge Iron | ₹ 56.61 Cr. | — | — | 9.1 | −30.3% | |
| S.A.L. Steel Ltd SALSTEEL | Sponge Iron | — | −31.6% | — | 29.5 | +19.8% |
Figures are medians and shares of companies, so one giant company cannot outweigh the rest. Results compare each company's latest quarter with the same quarter a year earlier; ratings and announcements cover the last 90 days (announcements are read by AI and can be wrong). This page adds up published data; it is not a recommendation to buy or sell anything.