Sharda Ispat Ltd
SHAR

Sharda Ispat Ltd (513548)

₹69.9--

Key Stats

₹64.55
Day's Price Range
₹69.9
₹59.95
52-Week Price Range
₹83
1 Month Return-4.12 %
3 Month Return10.68 %
1 Year Return-6.56 %

Company Financials

  • Annual
Value in ₹ crore

Peer Comparsion

PE
Rank 66
EPS
Rank 66
BVPS
Rank 71
Dividend Yield
Rank 22
ROE
Rank 40
10.55%
Price To Book Ratio
Rank 66
Debt To Asset
Rank 71

Company Information

Incorporated as Sharda Industries Engineering Works Pvt Ltd in Sep.60 Sharda Ispat became a public limited company on 12 Mar.85. It acquired its present name in Oct.89. The company product range includes hot rolled products of all grades. It also setup another unit at Hingna in 198283 with an installed capacity of 25000 tpa. The present promoters of the company are J K Sarda G D Sarda.For the proposed expansion the company came out with a public issue of 1950000 equity shares of Rs 10 each for cash at a premium of Rs 10 each per share aggregating to Rs 390 lac.In 199596 the company has come out with modernisationcumexpansion for iron and steel to increase the installed capacity by 35000 tpa. The New project of automatic rerolling mill at Kamptee Road and modernisation project at Hingna have been completed.Due to the general slow down in economy accompanied by declinig demand for steel during the year 1999 the company is going to make reference to the BIFR for a Sick Company and measures for rehabilitation.As mentioned in the previous the company has been delcared sick and the company is expecting that with the rehabilitation measures and support from bank and financial institutionsthe company will come out from its present crisis within a short period and regain its position.
OrganisationSharda Ispat Ltd
HeadquartersNagpur
IndustrySteel