Bihar Sponge Iron (BOM:500058) Short Interest


BOM:500058 Bihar Sponge Iron Ltd BOM:500058
58 GF Score
Price ₹12.35
GF Value ₹10.50
Valuation Modestly Overvalued
! 5 Warning Signs
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What is Bihar Sponge Iron Short Interest?

Short Interest can be expressed as a percentage by dividing the number of shares sold short by the total number of outstanding shares.

Due to the license agreement change with our data vendor, Short Interest related data on GuruFocus will no longer be updated. Existing data will remain as-is, while new data will not be available, except for certain Australian and Canadian stocks.

BOM:500058 vs NUE, STLD, RS: Short Interest Comparison

For the Steel subindustry, Bihar Sponge Iron's Short Interest, along with its competitors' market caps and Short Interest data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Bihar Sponge Iron Short Interest vs Steel Industry

For the Steel industry and Basic Materials sector, Bihar Sponge Iron's Short Interest distribution charts can be found below:

* The bar in red indicates where Bihar Sponge Iron's Short Interest falls into.


BOM:500058
58GF Score
Bihar Sponge Iron Ltd BOM:500058
Short Interest is just one metric. See GF Score™, valuation, warning signs, and more.
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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 ₹12.35 is trading 17.6% above its estimated GF Value™ of ₹10.50. GuruFocus considers Bihar Sponge Iron to be Modestly Overvalued.

Key valuation signals for BOM:500058:

  • Short Interest:
  • GF Value™: ₹10.50 vs. price of ₹12.35 (17.6% above fair value)
  • GF Score™: 58/100 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.
58GF Score

Get the complete analysis for BOM:500058

Short Interest is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹12.35
Price
₹10.50
GF Value