Sarda Energy & Minerals Ltd

  • BSE Code : 504614
  • NSE Symbol : SARDAEN
  • ISIN : INE385C01021
  • Industry :STEEL - MEDIUM / SMALL

up-arrow 435.40 5.30(1.23%)

Open Price ()

432.00

Prev. Close ()

430.10

Volume (No’s)

834,680

Market Cap ()

15,342.68

Low Price ()

432.00

High Price ()

446.45

 

Corporate Announcement

27-May-2025 Sarda Energy & Minerals Limited - Investor Presentation
26-May-2025 Sarda Energy & Minerals Limited - Outcome of Board Meeting
22-May-2025 Sarda Energy & Minerals Limited - Analysts/Institutional Investor Meet/Con. Call Updates
09-May-2025 Sarda Energy & Minerals Limited - Trading Window
15-Apr-2025 Sarda Energy & Minerals Limited - Certificate from Debenture Trustee

Stock Summary

Market Cap(₹Cr.)

15,143.59

P/E (TTM)

24.9

Book value ()

165.13

Div Yield (%)

0.35

EPS (TTM)

17.26

Face Value ()

1.00

Technical Analysis

Key Level

Resistance 1

443.07

Resistance 2

456.03

Support 1

422.62

Support 2

415.13

Moving Average

30 Days

461.65

50 Days

482.09

100 Days

470.82

200 Days

448.15

Peers Group

Company Market Cap (₹in Cr.) P/E (x) P/B(x) EV / EBITDA(x) Dividend Yield(%) EPS
Sarda Energy & Minerals L.. 15,429.01 25.37 2.04 699.53 0.34 17.26
JSW Steel Ltd 244,582.08 35.76 3.37 23645 0 27.97
Tata Steel Ltd 201,047.21 13.73 1.43 19320.55 2.24 11.73
Jindal Steel & Power Ltd 96,306.52 21.37 1.87 10287.96 0.21 44.18
Tube Investments of India.. 58,320.99 44.42 18.17 1142.64 0.12 67.85

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Share Holding

CATEGORY NO. OF SHARES PERCENTAGE (%)
Total Foreign 14194049 4.03
Total Institutions 13322932 3.78
Total Govt Holding 0 0.00
Total Non Promoter Corporate Holding 6983082 1.98
Total Promoters 257794226 73.16
Total Public & others 60086981 17.06
Total 352381270 100
  • Total Foreign
  • Total Institutions
  • Total Govt Holding
  • Total Non Promoter Corporate Holding
  • Total Promoters
  • Total Public & others

Corporate Actions

About Company

Sarda Energy & Minerals Limited (Formerly known as Raipur Alloys & Steel Ltd) was established on June 23, 1976. Led by the Tejpaul Group, the Company has integrated steel manufacturing unit with facilities, ferro alloys backed by captive thermal power plant and is presently, engaged in metal, mining and power sector. It operates in the hydropower projects through SPVs. Later, the name of the Company was changed to Sarda Energy & Minerals Limited from Raipur Alloys & Steel Limited in 2006.

The Sanda Group purchased it in 1979 and renamed it Raipur Alloys & Steel in 1985. The Group produces sponge iron, for its captive use to convert it into rolled products for sale. The company came out with an issue of fully convertible debentures in Dec.'92 to part-finance the sponge iron project and meet part of the long-term working capital requirements. The products of the company, mild steel and carbon steel billets, are used by re-rollers.

To make its sponge iron plant self-sufficient, it has identified areas in Madhya Pradesh having good deposits of iron ore and has applied for leases in these areas. This will reduce the cost of iron ore, resulting in a lower cost of sponge iron. The company started commercial production in the second kiln in its sponge iron plant, from Sep.'95.

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