Nova Iron & Steel Ltd (NOVAIRNSTL) is currently trading at 14.96 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.

Nova Iron & Steel Ltd is a prominent manufacturer of sponge iron and steel in India. The company was one of the initial entrants in the coal-based sponge iron production in India, leveraging technology from Germany. Their sponge iron plant in Bilaspur is pivotal to their operations, supplying to various markets since 1994-95. In 2015-16, they expanded their capabilities with a 12 MW Waste Heat Recovery Based Power Plant and Induction Furnace. The company maintains a prominent position with continued operational enhancements since the 2016 commissioning of their 500 TPD Sponge Iron Plant.

Over the past 52 weeks, Nova Iron & Steel Ltd has traded between a low of ₹10.54 and a high of ₹18.46. 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.

Nova Iron & Steel Ltd has a market capitalization of approximately 60.06. 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.

Nova Iron & Steel Ltd’s investment profile depends on its business fundamentals, valuation, and long-term outlook. The stock currently trades at a PE ratio of -3.47 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 60.06 Cr, Nova Iron & Steel 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.

Nova Iron & Steel 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 Nova Iron & Steel Ltd is -3.47. 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 reported a consolidated net loss of ₹15.97 crore in FY26, compared with a consolidated profit of ₹148.79 crore in the prior year.

The company said the delay is linked to earlier delays in submitting interim unaudited financial reports, which affected completion of the FY26 audit process.

The company said the June 2026 quarter results were delayed because it has not yet finalised and submitted audited results for the quarter and year ended March 31, 2026.

The ED attached 33,31,000 shares of Nova Iron & Steel (9.21%) held by Aromatic Steel Pvt Ltd, valued at ₹4.19 crore as on August 07, 2026.