Heera Ispat Ltd (HEERAISP) is currently trading at 5.29 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.

Heera Ispat Limited is a Gujarat-incorporated metal and ferrous company operating an induction furnace plant historically designed to produce around 20,000 metric tonnes per annum of mild steel, low carbon steel, alloy/special steels, billets and ingots, with a stated focus on alloy steel and related steel manufacturing activities since its 1992 incorporation. The company reported nil revenue from operations for the year ended March 31, 2026 and a reported loss of INR 28.16 lakhs, resulting in negative other equity and total equity of INR (84.35) lakhs; cash and cash equivalents declined materially to INR 2.97 lakhs, leaving constrained liquidity and no near-term sales visibility. Statutory auditor issued a qualified opinion emphasizing a material uncertainty about going concern due to absence of operational revenue and incomplete disclosure; the company nonetheless prepared financials on a going concern basis and disclosed that management is pursuing mitigation steps and expects successful business agreements in the near future. The results include an exceptional disclosure for a penalty paid to BSE for alleged non-submission/late submission of listing compliance documents, recorded as an exceptional item; operating cash outflow in FY2026 was INR 38.27 lakhs and the company repaid short-term borrowings of INR 17.10 lakhs, contributing to a net cash decline of INR 55.37 lakhs.

Over the past 52 weeks, Heera Ispat Ltd has traded between a low of ₹4.84 and a high of ₹9.51. 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.

Heera Ispat Ltd has a market capitalization of approximately 3.27. 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.

Heera Ispat Ltd’s investment profile depends on its business fundamentals, valuation, and long-term outlook. The stock currently trades at a PE ratio of -46.71 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 3.27 Cr, Heera Ispat 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.

Heera Ispat 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 Heera Ispat Ltd is -46.71. 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.

The company said its board approved the audited standalone results for the quarter and year ended March 31, 2026, in a meeting held on May 30, 2026.