Shri Hare-Krishna Sponge Iron's quarterly market cap
increased
from Mar. 2025 (₹0.0 Mil) to Sep. 2025 (₹1,178.3 Mil) but then
declined
from Sep. 2025 (₹1,178.3 Mil) to Mar. 2026 (₹736.2 Mil).
Shri Hare-Krishna Sponge Iron's annual market cap
stayed the same
from Mar. 2024 (₹0.0 Mil) to Mar. 2025 (₹0.0 Mil) but then
increased
from Mar. 2025 (₹0.0 Mil) to Mar. 2026 (₹695.5 Mil).
Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Shri Hare-Krishna Sponge Iron's Enterprise Value for Today is ₹572.3 Mil.
Shri Hare-Krishna Sponge Iron (NSE:SHKSIL) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
Shri Hare-Krishna Sponge Iron Market Cap Related Terms
Shri Hare-Krishna Sponge Iron Market Cap Historical Data
* 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.
NSE:SHKSIL vs NUE, STLD, RS: Market Cap Comparison
For the Steel subindustry, Shri Hare-Krishna Sponge Iron's Market Cap, along with its competitors' market caps and Market Cap 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.
Shri Hare-Krishna Sponge Iron Market Cap vs Steel Industry
For the Steel industry and Basic Materials sector, Shri Hare-Krishna Sponge Iron's Market Cap distribution charts can be found below:
* The bar in red indicates where Shri Hare-Krishna Sponge Iron's Market Cap falls into.
Shri Hare-Krishna Sponge Iron Market Cap Calculation
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
* 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.
Shri Hare-Krishna Sponge Iron (NSE:SHKSIL) has a Market Cap of ₹671.7 Mil as of Jul. 13, 2026. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Shri Hare-Krishna Sponge Iron and its competitors. According to the industry distribution chart, Shri Hare-Krishna Sponge Iron ranks #564 out of 639 companies in the Steel industry, placing it in the top 88.3%.
Is Shri Hare-Krishna Sponge Iron's Market Cap too high?
Shri Hare-Krishna Sponge Iron's current Market Cap is ₹671.7 Mil. Based on the distribution chart, Shri Hare-Krishna Sponge Iron ranks #564 out of 639 companies in the Steel industry, which is in the bottom quartile relative to peers. Overall, Shri Hare-Krishna Sponge Iron has a GF Score™ of 31/100, reflecting its overall financial health beyond just this single metric.
How does Shri Hare-Krishna Sponge Iron's Market Cap compare to NUE and STLD?
According to the Steel industry distribution chart, Shri Hare-Krishna Sponge Iron ranks #564 out of 639 companies for Market Cap. This places Shri Hare-Krishna Sponge Iron in the lower half of its industry. The industry median Market Cap is 99.04. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Market Cap for a Steel company?
The median Market Cap among Steel companies is 99.04, based on 639 companies in the industry. Companies in the top quartile (top 25%) have a Market Cap significantly above this median, while those in the bottom quartile fall well below. However, Market Cap 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 Market Cap mean?
A high Market Cap can signal that a stock is expensive relative to its fundamentals. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Shri Hare-Krishna Sponge Iron and its competitors. For the Steel industry, the median Market Cap is 99.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shri Hare-Krishna Sponge Iron's current Market Cap is ₹671.7 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shri Hare-Krishna Sponge Iron stock overvalued right now?
Shri Hare-Krishna Sponge Iron (NSE:SHKSIL) has a current Market Cap of ₹671.7 Mil. The current Market Cap is ₹671.7 Mil. Shri Hare-Krishna Sponge Iron's overall GF Score™ is 31/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Market Cap calculated?
Market Cap is calculated from a company's financial statements. For Shri Hare-Krishna Sponge Iron (NSE:SHKSIL), the current Market Cap is ₹671.7 Mil as of Jul. 13, 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.
Shri Hare-Krishna Sponge Iron Business Description
Shri Hare-Krishna Sponge Iron Ltd is engaged in the business of manufacturing and selling of Sponge Iron. Sponge iron is mainly used as a raw material for steel production in electric arc furnaces and induction furnaces. Through its sponge iron business, it caters to the metallic requirements of steel producers in selected geographies.
31GF Score
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