Bihar Sponge Iron Ltd. (BIHSPONG): Bihar Sponge Iron Share Price rises 9.69% today to Rs 13.70
- September 18, 2026
- Posted by: Harsh Piplani
- Category: News
Bihar Sponge Iron Share Price rose to Rs 13.70 today, up 9.69% from the previous close of Rs 12.49, while the company’s market capitalisation stood at Rs 112.67 crore. The day’s move came after an open of Rs 12.21 and a high of Rs 14.25, with turnover at Rs 0.14 crore. The supplied data confirms the price event, but it does not establish a company-specific catalyst. For readers tracking Bihar Sponge Iron Share Price Today, the move is important because it places BIHSPONG among the Stocks in News on the Indian Stock Market without adding unsupported colour. Univest is using only verified figures here, so the focus stays on price action, valuation, sector context and what the numbers actually show.
From a market-update angle, Bihar Sponge Iron Stock News is straightforward: the share price moved higher in same-day trade, and the range between Rs 12.21 and Rs 14.25 shows where the session was tested. The current Bihar Sponge Iron Share Price also matters because it can be compared with the company’s P/E, book value and peer benchmarks rather than with speculation. Investors following Bihar Sponge Iron Stock Analysis can therefore treat today as a verified share price gain, while still separating the move from any assumed narrative. Univest will continue to frame Bihar Sponge Iron Share Price Live with data-led context rather than unsupported interpretation.
Bihar Sponge Iron Share Price Today: Price Action Analysis
| Metric | Value |
|---|---|
| Current Price | Rs 13.7 |
| Previous Close | Rs 12.49 |
| Today's Move | Rs 1.21 (+9.69%) |
| Open | Rs 12.21 |
| High | Rs 14.25 |
| Low | Rs 12.21 |
| Turnover | Rs 0.14 crore |
| Market Capitalisation | Rs 112.67 crore |
| Market Cap Category | Micro Cap |
Bihar Sponge Iron Ltd. (BIHSPONG) rose to Rs 13.7 from the previous close of Rs 12.49, a move of Rs 1.21 or 9.69%. The stock opened at Rs 12.21, reached a high of Rs 14.25, recorded a low of Rs 12.21.
Bihar Sponge Iron Share Price Today reflects a same-day gain of Rs 1.21, or 9.69%, from Rs 12.49 to Rs 13.70. The session opened at Rs 12.21, touched Rs 14.25 and closed the available update at Rs 13.70, keeping the move firmly inside the day’s observed range. The turnover of Rs 0.14 crore adds a factual traded-value reference, but it should be read only as turnover, not as a claim about participation or conviction. In short, Bihar Sponge Iron Share Price news today is about a clear upward price move, not about a disclosed trigger. That is the most accurate reading of Bihar Sponge Iron Share Price Update from the supplied market data.
Bihar Sponge Iron Ltd. (BIHSPONG) Fundamental Analysis
| Metric | Value |
|---|---|
| Market Capitalisation | Rs 112.67 crore |
| P/E Ratio | 9.64x |
| P/B Ratio | -1.4x |
| ROE | 0% |
| ROCE | 0% |
| EPS | Rs 1.3 |
| Book Value Per Share | Rs -8.9 |
| Dividend Yield | 0% |
Bihar Sponge Iron Ltd. (BIHSPONG) fundamental metrics show P/E 9.64x, P/B -1.4x, ROE 0%, ROCE 0%. These figures provide context only and are not a buy or sell signal.
Bihar Sponge Iron Ltd. has a market capitalisation of Rs 112.67 crore and falls in the Micro Cap category, which gives readers a sense of company size before judging valuation. On valuation, P/E at 9.64x, P/B at -1.4x should be read against the sector and peer benchmarks rather than as a standalone signal. Profitability is represented by ROE of 0% and ROCE of 0%, helping investors compare shareholder returns and capital efficiency. Additional supplied metrics include EPS of Rs 1.3, book value per share of Rs -8.9, dividend yield of 0%, adding context to earnings, balance-sheet value and historical payout. Against the supplied same industry benchmark, these figures can be compared with benchmark median P/E of 32.97x, median ROE of 6.88%, median ROCE of 9.63%. These numbers explain the fundamental backdrop without converting the article into a buy or sell view.
Sector and Industry Context
| Metric | Value |
|---|---|
| Sector | Iron & Steel |
| Industry | Steel/Sponge Iron/Pig Iron |
| Benchmark Scope | same industry |
| Company P/E Ratio | 9.64x |
| Benchmark Median P/E | 32.97x |
| Benchmark Average P/E | 33.73x |
| Benchmark P/E Range | 9.64x to 91.04x |
| Company P/B Ratio | -1.4x |
| Benchmark Median P/B | 2.23x |
| Company ROE | 0% |
| Benchmark Median ROE | 6.88% |
| Company ROCE | 0% |
| Benchmark Median ROCE | 9.63% |
| Company Market Capitalisation | Rs 112.67 crore |
| Benchmark Median Market Cap | Rs 407.83 crore |
Bihar Sponge Iron Ltd. (BIHSPONG) is classified under sector: Iron & Steel and industry: Steel/Sponge Iron/Pig Iron.
Bihar Sponge Iron Ltd. (BIHSPONG) has a P/E ratio of 9.64x, which is below the benchmark median of 32.97x, a difference of -70.76%. P/E is a valuation multiple and is not, by itself, a buy or sell signal.
Bihar Sponge Iron Ltd. (BIHSPONG) has a ROE of 0%, which is below the benchmark median of 6.88%, a difference of -100%. Bihar Sponge Iron Ltd. (BIHSPONG) has a ROCE of 0%, which is below the benchmark median of 9.63%, a difference of -100%.
Track stocks leading today through the Univest top gainers screener. The peer table below provides the company-level comparison.
Peer Comparison
| Company | Symbol | Market Cap (Cr) | P/E | P/B | ROE (%) | ROCE (%) |
|---|---|---|---|---|---|---|
| Jindal Steel & Power Ltd. | JINDALSTEL | 1,12,658.53 | 42.24 | 2.23 | 6.88 | 8.92 |
| Lloyds Metals & Energy Ltd. | LLOYDSME | 1,02,012.81 | 21.31 | 6.64 | 40.27 | 27.59 |
| Jai Balaji Industries Ltd. | JAIBALAJI | 5,836.58 | 40.24 | 2.48 | 5.93 | 9.63 |
| RAJPUTANA STAINLESS LTD | RSL | 1,512.16 | 30.35 | 3.94 | 19.34 | 25.57 |
| Steel Exchange India Ltd. | STEELXIND | 1,418.38 | 44.99 | 2.39 | 5.38 | 11.97 |
Bihar Sponge Iron Ltd. (BIHSPONG) has a P/E ratio of 9.64x compared with the displayed peer median of 40.24x. This is a relative valuation comparison, not a buy or sell signal. Its ROE of 0% compares with a peer median of 6.88% across the companies shown in the table. ROCE stood at 0% versus the displayed peer median of 11.97%, providing a capital-efficiency comparison. Bihar Sponge Iron Ltd. (BIHSPONG) has a market capitalisation of Rs 112.67 crore. Among the 5 peers shown, 5 have a larger market capitalisation.
Why Investors Are Watching Bihar Sponge Iron
- Bihar Sponge Iron Share Price rose 9.69% today to Rs 13.70 from Rs 12.49.
- The session range was Rs 12.21 to Rs 14.25, with turnover of Rs 0.14 crore.
- Market capitalisation stood at Rs 112.67 crore at the latest update.
- The P/E ratio of 9.64 sits below the same-industry median of 32.97.
- ROE and ROCE are both 0, while book value per share is -8.9.
About Bihar Sponge Iron
Bihar Sponge Iron Ltd. operates in the Iron & Steel sector and the Steel/Sponge Iron/Pig Iron industry. The company is tracked on NSE and BSE under BIHSPONG, and today’s Bihar Sponge Iron Share Price movement places it back into Bihar Sponge Iron Latest News and Bihar Sponge Iron Stock News searches. Based on the supplied industry classification, the business belongs to a value chain that is closely linked with sponge iron and pig iron activity in India.
For readers looking at Bihar Sponge Iron Company News, the important point is that the supplied dataset gives financial ratios and a market-cap profile, but not a business-segment breakdown. So the company overview should stay factual: it is an Iron & Steel listed entity with current valuation metrics, earnings per share of 1.3 and a negative book value of -8.9. That makes Bihar Sponge Iron Stock Analysis more about interpreting numbers than about storytelling. Univest keeps the business note concise and evidence-based.
Track Bihar Sponge Iron Share Price on Univest
Use Bihar Sponge Iron Ltd. (BIHSPONG) live share-price page, Univest top gainers screener, Univest market blogs to review live stock data, top-gainers lists and related market analysis.
Readers can track Bihar Sponge Iron Share Price on Univest for live share price updates, valuation ratios, shareholding pattern, 52-week levels, company insights and market context. Bihar Sponge Iron Share Price Today is also easier to follow alongside peer comparison and sector analysis in one place. Univest presents Bihar Sponge Iron Stock News and Bihar Sponge Iron Share News with the same data-led approach used in this article.
Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).
Frequently Asked Questions
Why did Bihar Sponge Iron Share Price rise today?
Ans. The supplied data confirms that Bihar Sponge Iron Share Price rose 9.69% today, but it does not establish a company-specific catalyst. The verified facts are the price move, intraday range and turnover.
What is Bihar Sponge Iron Share Price today?
Ans. Bihar Sponge Iron Share Price today is Rs 13.70, compared with the previous close of Rs 12.49. The stock moved up Rs 1.21 in the session, which equals a 9.69% gain.
What is the market capitalisation of Bihar Sponge Iron?
Ans. Bihar Sponge Iron’s market capitalisation is Rs 112.67 crore. That places it well below the same-industry median of Rs 407.83 crore and the benchmark average of Rs 17,361.87 crore. The company operates in the Iron & Steel sector.
How is Bihar Sponge Iron Share Price valued on P/E?
Ans. Bihar Sponge Iron Share Price is backed by a P/E ratio of 9.64. That is below the same-industry median of 32.97 and average of 33.73 across 13 benchmark companies. The previous close was Rs 12.49.
How does Bihar Sponge Iron compare with peers?
Ans. Bihar Sponge Iron Share Price sits with a much smaller market cap than Jindal Steel & Power and Lloyds Metals, and its P/E of 9.64 is lower than the peer figures supplied.
What should investors monitor next in Bihar Sponge Iron Stock News?
Ans. Investors can monitor the next published price update, valuation metrics, market capitalisation and any company-specific filings. The current Bihar Sponge Iron Stock News reflects a same-day price rise, but not a disclosed catalyst.
