What is the Current Share Price of Facor Alloys Ltd?
- Answer Field
-
Facor Alloys Ltd share price is for NSE ₹ 0.00 & for BSE ₹ 3.67 as on Jul 04 2025 10:48 AM.
BAJAJ BROKING
Experience smart and hassle-free investing in minutes with Bajaj Broking! *T&C apply
As of the latest trading session, FACOR ALLOYS LTD. share price is currently at ₹ 3.56, which is down by ₹ -0.07 from its previous closing. Today, the stock has fluctuated between ₹ 3.56 and ₹ 3.73. Over the past year, FACOR ALLOYS LTD. has achieved a return of -51.21 %. In the last month alone, the return has been 3.42 %. Read More...
Company Name | Price | P/E | P/B | Market Cap | 52 Week Low/High |
---|
Company Name | Price | P/E | P/B | Market Cap | 52 Week Low/High |
---|
Incorporated in 2004, Facor Alloys Limited is the largest producers and exporters of Ferro Alloys, an essential ingredient for manufacture of Steel and Stainless Steel. The Company is a manufacturer of carbon, alloy, stainless and special steel. It operates in steel product segment. Besides, it is also engaged in conversion of High Carbon Ferro Chrome and Silico Manganese.
The Company's products include stainless steel, alloy steel, valve steel, free cutting steel, semi free cutting steel, silico manganese steel, carbon manganese steel and carbon steel. Stainless steel includes austenitic stainless steel, martensetic stainless steel, ferritic stainless steel, heat resisting steel, valve steel, duplex steel and precipitation hardening.
Shri Durgaprasad ji Saraf the Promoter, took the initiative and pioneered in manganese ore mining and commissioned 3 submerged electric arc furnaces of 7.5MVA each in Garividi, Vizianagaram District, 85 KM north of Visakhapatnam in Andhra Pradesh. Subsequently, the Company commissioned the fourth submerged arc furnace of 12MVA, for production of HC Ferro Chrome and an open arc slag furnace of 8MVA for production of LC Ferro Chrome.
The Company indigenously developed its own technology and commissioned the 16MVA submerged arc furnace for the production of HC Ferro Chrome in 1981. It has currently an installed production capacity of 72,000 tons per year.
In April 2011, the Company acquired BEC Power Pvt. Ltd.
Apart from this, the Company has supporting facilities such as 132/11 KV main receiving sub-station and has a sanctioned load connection of 40 MVA from APEPDCL, Vizianagaram. The furnaces are equipped with individual Bag Filter type Pollution Control systems in order to maintain a clean environment in and around the Industry. Additionally, required facilities for beneficiation and agglomeration of Chrome Ores, a mechanized briquetting plant as well as a Metal Recovery Plant to extract the valuable metallic from slag-metal mixers have also been set up.
Plant operation was temporarily shut down w.e.f. 31-10-2023, which caused lower revenue during the year 2023. Top management
had recently undergone a reshuffle and new management has taken over charge w.e.f. 9th April, 2024. New management is
exploring all options including dialogues with corporate houses and lenders to get assistance to resume operations but due to prevailing stringent market conditions, lower steel demand coupled with stressed margins, management is not getting immediate respite, however, despite all odds, management seeks forward to revive the operations by utilizing manufacturing facilities for silico manganese as well as ferro chrome to explore market demand. Promotor entity is also infusing funds to meet running fund requirement.
Ferro alloys are one of the important ingredients in the manufacturing of steel. The growth of Ferro alloys Industry is directly linked with the development of Iron and Steel Industry. The principal ferro alloys are chromium, manganese and silicon. The product series consists mainly of ferro-manganese, silicomanganese, ferro-silicon and ferro-chrome.
Facor Alloys Ltd share price is for NSE ₹ 0.00 & for BSE ₹ 3.67 as on Jul 04 2025 10:48 AM.
The market cap of Facor Alloys Ltd for NSE ₹ 0.00 & for BSE ₹ 71.80 as on Jul 04 2025 10:48 AM.
The 52 Week High and Low of Facor Alloys Ltd for NSE is ₹ 0.00 and ₹ 0.00 and for BSE is ₹ 7.90 and ₹ 3.11.
The 1 year returns on the stock has been -52.73%.
As on Jul 04 2025 10:48 AM the price-to-earnings (PE) ratio for Facor Alloys Ltd share is -1.41.
As on Jul 04 2025 10:48 AM, the price-to-book (PB) ratio for Facor Alloys Ltd share is 5.21.
You can trade in Facor Alloys Ltd shares with Bajaj Broking by opening a demat account.
To buy Facor Alloys Ltd shares on the Bajaj Broking app, follow these steps:
• Login to the Bajaj Broking App
• Click on the Search Icon
• Search “Facor Alloys Ltd”
• Click on the BUY icon
• Place a buy order specifying the desired quantity of shares.
• Click BUY again to complete the purchase
No results found