Balasore Alloys logo

513142 - Balasore Alloys Share Price

₹11.09 -0.0  -0.3%

Last Trade - 03/07/20

Sector
Basic Materials
Size
Micro Cap
Market Cap £11.1m
Enterprise Value £22.1m
Revenue £101.1m
Position in Universe 1503rd / 2988
Bullish
Bearish
Unlock 513142 Revenue
Momentum
Relative Strength (%)
1m +1.10%
3m
6m
1yr
Volume Change (%)
10d / 3m
Price vs... (%)
52w High -37.9%
50d MA
200d MA
Growth & Value
12m Forecast Rolling Industry Market
Valuation (ttm) Industry Market
Margin of Safety
Qualifying GuruScreens
Financial Summary
Year End 31st Mar 2014 2015 2016 2017 2018 2019 2020E 2021E CAGR / Avg
7,826 8,479 8,380 10,417 12,288 12,614 +10.0%
+49.6 +19.7 -68.0 +293.3 -52.7
PEG
Profitability
ROA
%
%
Cashflow
Dividends
Balance Sheet
NFA
m
FINANCIAL BRIEF: : For the nine months ended 31 December 2019, Balasore Alloys Limited revenues decreased 33% to RS6.35B. Net loss increased from RS19.8M to RS635.7M. Revenues reflect a decrease in demand for the Company's products and services due to unfavorable market conditions. Higher net loss reflects Exceptional items before tax increase from RS0K to RS202.2M (expense), Finance costs increase of 6% to RS367.4M (expense).
Health Trend(F-Score)
0 1 2 3 4 5 6 7 8 9
Bankruptcy Score(Z-Score)
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Safe
Earnings Manipulation Risk(M-Score)
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Recent History
Latest interim period vs. prior period Industry Market
3yr Compound Annual Growth Rate Industry Market
Graphical History

Revenue

513142 Revenue Unlock 513142 Revenue

Net Income

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Normalised EPS

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PE Ratio Range

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Dividend Yield Range

513142 Dividend Yield Range Unlock 513142 Revenue
Analyst Forecasts
Price Target:
( below Price)
31st Dec 2020
31st Dec 2021
Est. Long Term Growth Rate: Net Profit
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Consensus Estimate
1m Change
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Analyst Consensus
Strong Sell Sell Hold Buy Strong Buy
EPS 2019 /  2020
513142 EPS Forecasts Unlock 513142 Revenue
Profile Summary

Balasore Alloys Limited is engaged in the manufacturing and mining of Ferro alloys. The Company is also engaged in the manufacturing and selling of Ferro Chrome of various grades. It has over five furnaces with a total capacity of approximately 60 megavolt ampere (MVA) to produce approximately 95,000 million tons (MT) of Ferro alloys per annum. Its products include High Carbon Ferro Chrome (FeCr60) and Low Silicon Ferro Chrome (FeCr65). It has a captive chrome ore mine in Sukinda Valley in Jajpur district in the state of Odisha. Its Manganese Ore Mine is located at Joda in the Keonjhar district in the state of Odisha, and Hathoda in Balaghat district in the state of Madhya Pradesh. Its metal recovery plants are used to recover the entrapped metal (ferrochrome) from the slag generated during the production of Ferro chrome and charge chrome. It focuses on the production of products, such as low and medium-silicon, low phosphorous, medium-carbon and high-chromium.

Directors
Last Annual March 31st, 2019
Last Interim December 31st, 2019
Incorporated May 31, 1984
Public Since January 1, 1990
No. of Shareholders: 120,890
No. of Employees: 860
Sector Basic Materials
Industry Metals & Mining
Index
Exchange Bombay Stock Exchange
Shares in Issue 93,325,411
Free Float (0.0%)
Eligible for
ISAs
SIPPs
513142 Share Price Performance
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Latest News for 513142
Upcoming Events for 513142
Frequently Asked Questions for Balasore Alloys
What is the Balasore Alloys share price?

As of 03/07/20, shares in Balasore Alloys are trading at ₹11.09, giving the company a market capitalisation of £11.1m. This share price information is delayed by 15 minutes.

How has the Balasore Alloys share price performed this year?

Shares in Balasore Alloys are currently trading at ₹11.09 and the price has moved by -26.07% over the past 365 days. In terms of relative price strength - which takes into account the overall market trend - the Balasore Alloys price has moved by -16.22% over the past year.

What are the analyst and broker recommendations for Balasore Alloys?

Of the analysts with advisory recommendations for Balasore Alloys, there are there are currently "buy" , "hold" and "sell" recommendations. The overall consensus recommendation for Balasore Alloys is Not available. You can view the full broker recommendation list by unlocking its StockReport.

When will Balasore Alloys next release its financial results?

Balasore Alloys is scheduled to issue upcoming financial results on the following dates:

Interim results are scheduled for: 2020-12-31
What is the Balasore Alloys dividend yield?

The Balasore Alloys dividend yield is 3.61% based on the trailing twelve month period.

Does Balasore Alloys pay a dividend?

Last year, Balasore Alloys paid a total dividend of 0.4, and it currently has a trailing dividend yield of 3.61%. Looking ahead, Balasore Alloys has not announced an ex-dividend date yet.

When does Balasore Alloys next pay dividends?

Balasore Alloys has yet to annouce their ex-dividend date. The historic dividend yield on Balasore Alloys shares is currently 3.61%.

How do I buy Balasore Alloys shares?

To buy shares in Balasore Alloys you'll need a share-dealing account with an online or offline stock broker. Once you have opened your account and transferred funds into it, you'll be able to search and select shares to buy and sell. You can use Stockopedia’s share research software to help you find the the kinds of shares that suit your investment strategy and objectives.

What is the market cap of Balasore Alloys?

Shares in Balasore Alloys are currently trading at ₹11.09, giving the company a market capitalisation of £11.1m.

Where are Balasore Alloys shares listed? Where are Balasore Alloys shares listed?

Here are the trading details for Balasore Alloys:

Country of listing: India
Exchange: BSE
Ticker Symbol: 513142
What kind of share is Balasore Alloys?

Based on an overall assessment of its quality, value and momentum, Balasore Alloys is currently classified as a Value Trap. The classification is based on a composite score that examines a wide range of fundamental and technical measures. Stock are classified on the the following spectrum: Super Stocks, High Flyers, Contrarians, Turnarounds, Neutral, Value Traps, Momentum Traps, Falling Stars, and Sucker Stocks. For more information, learn about our StockRank Styles.

Is there a Balasore Alloys share price forecast 2020?

We were not able to load any forecast data for Balasore Alloys.

How can I tell whether the Balasore Alloys share price will go up?

An important predictor of whether a stock price will go up is its track record of momentum. Price trends tend to persist, so it's worth looking at them when it comes to a share like Balasore Alloys. Over the past six months, the relative strength of its shares against the market has been -9.11%. At the current price of ₹11.09, shares in Balasore Alloys are trading at -3.57% against their 200 day moving average. You can read more about the power of momentum in assessing share price movements on Stockopedia.

What is the Balasore Alloys PE Ratio?

We were not able to find PE ratio data for Balasore Alloys.

Who are the key directors of Balasore Alloys?

Balasore Alloys's management team is headed by:

A. Bhattacharyya - NID
Sujit Majumdar - NID
Trilochan Sharma - CCO
Kashi Khandelwal - NID
Anil Sureka - CEO
Krishna Raut - DRC
Nikunj Pansari - CFO
Dhiren Nath - EDR
Rupanjana De - IND
Who are the major shareholders of Balasore Alloys?

Here are the top five shareholders of Balasore Alloys based on the size of their shareholding:

Ispat Group Corporation
Percentage owned: 14.03% (13.1m shares)
Jaltarang Vanijya Pvt. Ltd. Corporation
Percentage owned: 8.57% (8.00m shares)
Navoday Consultants Pvt. Ltd. Corporation
Percentage owned: 7.93% (7.40m shares)
Navoday Highrise Pvt. Ltd. Corporation
Percentage owned: 7.44% (6.94m shares)
Global Steel Holdings Asia Pte. Ltd. Corporation
Percentage owned: 7.11% (6.64m shares)
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