Chennai Ferrous Industries Ltd (CHENFERRO) is currently trading at 73.89 per share. Stock prices fluctuate during market hours on NSE and BSE based on demand, company updates, and overall market conditions. Refer to the live price chart above for the most recent price movement.

Chennai Ferrous Industries Limited, established in 2010, operates in the manufacture and trading of sponge iron and steel products. The company emerged as a result of the demerger of Kanishk Steel Industries Limited, absorbing its Sponge Iron Division fully into its operations. Chennai Ferrous's operations are fundamentally centered around trading in coal and manufacturing vital steel industry inputs like sponge iron. The strategic realignment aims to enhance operational efficiencies by merging specific business segments from Kanishk Steel Industries into Chennai Ferrous.

Over the past 52 weeks, Chennai Ferrous Industries Ltd has traded between a low of ₹57.00 and a high of ₹145.00. The 52-week high and low indicate the stock’s price range over the last year and help investors understand its volatility and recent trading levels.

Chennai Ferrous Industries Ltd has a market capitalization of approximately 25.85. Market capitalization represents the total value of a company’s outstanding shares and helps investors understand its size, stability, and relative risk compared to other listed companies.

Chennai Ferrous Industries Ltd’s investment profile depends on its business fundamentals, valuation, and long-term outlook. The stock currently trades at a PE ratio of 44.57 and operates in the its sector sector. Investors typically assess financial performance, growth prospects, and individual risk tolerance before making investment decisions.

Based on its market capitalization of 25.85 Cr, Chennai Ferrous Industries Ltd is classified as a Small Cap stock. Large-cap stocks are generally more stable, while mid-cap and small-cap stocks tend to offer higher growth potential along with higher price volatility.

Chennai Ferrous Industries Ltd operates in the its sector sector. Sector classification matters because companies in the same sector are often affected by similar economic conditions, regulatory changes, and competitive dynamics, which can influence overall stock performance.

The Price-to-Earnings (PE) ratio of Chennai Ferrous Industries Ltd is 44.57. The PE ratio compares a company’s share price to its earnings and is commonly used to assess valuation. Comparing the PE ratio with sector peers and historical levels provides better context.