Bihar Sponge Iron (BOM:500058) Float Percentage Of Total Shares Outstanding: 0.00% (As of Jul. 15, 2026)

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BOM:500058 Bihar Sponge Iron Ltd BOM:500058
54 GF Score
Price ₹12.89
GF Value ₹10.39
Valuation Modestly Overvalued
! 5 Warning Signs
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What is Bihar Sponge Iron Float Percentage Of Total Shares Outstanding?

Bihar Sponge Iron BOM:500058 +3.78% 54 Float Percentage Of Total Shares Outstanding is 0.00% as of Jul. 15, 2026. GuruFocus rates BOM:500058 with a GF Score™ of 54/100 and a GF Value™ of ₹10.39 (Modestly Overvalued). The stock has 5 warning signs investors should review.

Float percentage of total shares outstanding is the percentage of float shares relative to the total shares outstanding. As of today, Bihar Sponge Iron's float shares is 0.00 Mil. Bihar Sponge Iron's total shares outstanding is 90.21 Mil. Bihar Sponge Iron's float percentage of total shares outstanding is 0.00%.

Insider Ownership is the percentage of shares that are owned by company insiders relative to the total shares outstanding. As of today, Bihar Sponge Iron's Insider Ownership is 0.00%.

Institutional Ownership is the percentage of shares that are owned by institutions out of the total shares outstanding. As of today, Bihar Sponge Iron's Institutional Ownership is 0.00%.

BOM:500058
54GF Score
Bihar Sponge Iron Ltd BOM:500058
Float Percentage Of Total Shares Outstanding is just one metric. See GF Score™, valuation, warning signs, and more.
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Bihar Sponge Iron Float Percentage Of Total Shares Outstanding Calculation

It is the percentage of float shares out of the total shares outstanding.

Bihar Sponge Iron's Float Percentage of Total Shares Outstanding for today is calculated as follows:

Float Percentage of Total Shares Outstanding=Float Shares/Total Shares Outstanding
=0.00/90.21
=0.00%

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

What does a Float Percentage Of Total Shares Outstanding of 0.00% mean?
Bihar Sponge Iron (BOM:500058) has a Float Percentage Of Total Shares Outstanding of 0.00% as of Jul. 15, 2026. Float percent of shares outstanding equals the percent of float shares relative to total shares. View historical data on Bihar Sponge Iron and its competitors.
Is Bihar Sponge Iron's Float Percentage Of Total Shares Outstanding too high?
Bihar Sponge Iron's current Float Percentage Of Total Shares Outstanding is 0.00%. Overall, Bihar Sponge Iron has a GF Score™ of 54/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Bihar Sponge Iron's Float Percentage Of Total Shares Outstanding compare to NUE and STLD?
Bihar Sponge Iron's Float Percentage Of Total Shares Outstanding of 0.00% can be compared against companies in the Steel industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Float Percentage Of Total Shares Outstanding for a Steel company?
A good Float Percentage Of Total Shares Outstanding depends on the Steel industry context. However, Float Percentage Of Total Shares Outstanding should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Float Percentage Of Total Shares Outstanding mean?
A high Float Percentage Of Total Shares Outstanding can signal that a stock is expensive relative to its fundamentals. Float percent of shares outstanding equals the percent of float shares relative to total shares. View historical data on Bihar Sponge Iron and its competitors. Bihar Sponge Iron's current Float Percentage Of Total Shares Outstanding is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bihar Sponge Iron stock overvalued right now?
Based on GuruFocus' analysis, Bihar Sponge Iron (BOM:500058) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹10.39, compared to a current price of ₹12.89 — trading 24.1% above its estimated fair value. The current Float Percentage Of Total Shares Outstanding is 0.00%. Bihar Sponge Iron's overall GF Score™ is 54/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Float Percentage Of Total Shares Outstanding calculated?
Float Percentage Of Total Shares Outstanding is calculated from a company's financial statements. For Bihar Sponge Iron (BOM:500058), the current Float Percentage Of Total Shares Outstanding is 0.00% as of Jul. 15, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Bihar Sponge Iron (BOM:500058) Overvalued in 2026?

Based on GuruFocus' analysis, Bihar Sponge Iron stock appears to be overvalued. The current stock price of ₹12.89 is trading 24.1% above its estimated GF Value™ of ₹10.39. GuruFocus considers Bihar Sponge Iron to be Modestly Overvalued.

Key valuation signals for BOM:500058:

  • Float Percentage Of Total Shares Outstanding: 0.00%
  • GF Value™: ₹10.39 vs. price of ₹12.89 (24.1% above fair value)
  • GF Score™: 54/100 with 5 warning signs

No single metric tells the full story. See the BOM:500058 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Bihar Sponge Iron Business Description

Address Umesh Nagar, Chandil, District Saraikela, Kharsawan, JH, IND, 832401
Bihar Sponge Iron Ltd is India's first merchant sponge iron plant located in Jharkhand. It produces Direct Reduced Iron, commonly known as sponge iron, using indigenous iron ore and non-coking coal. Its plant uses coal-based rotary kiln technology for sponge iron production, with additional facilities such as crushing, sizing, and magnetic separation for raw materials. The plant is strategically located with excellent connectivity to many cities and transportation infrastructure. Bihar Sponge Iron also operates captive power plants to meet its energy needs efficiently. The company's sponge iron serves as a substitute for scrap in steelmaking electric arc and induction furnaces.
54GF Score

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Float Percentage Of Total Shares Outstanding is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹12.89
Price
₹10.39
GF Value