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Sandur Manganese & Iron Ores zooms on commencing production of Phase I of 1 MTPA Iron and Steel Project

Sandur Manganese & Iron Ores Ltd. | Mining & Minerals | Metals & Mining | BSE: 504918 | NSE: SANDUMA

21 Jan 2021 Evaluate

Sandur Manganese & Iron Ores is currently trading at Rs. 1199.95, up by 51.40 points or 4.48% from its previous closing of Rs. 1148.55 on the BSE.

The scrip opened at Rs. 1165.00 and has touched a high and low of Rs. 1219.00 and Rs. 1162.00 respectively. So far 8022 shares were traded on the counter.

The BSE group 'X' stock of face value Rs. 10 has touched a 52 week high of Rs. 1320.00 on 06-Jan-2021 and a 52 week low of Rs. 295.45 on 25-Mar-2020.

Last one week high and low of the scrip stood at Rs. 1222.00 and Rs. 1131.00 respectively. The current market cap of the company is Rs. 1092.39 crore.

The promoters holding in the company stood at 73.24%, while Institutions and Non-Institutions held 1.61% and 25.16% respectively.

Sandur Manganese & Iron Ores has commenced Commercial Production of Phase I of 1 MTPA Iron and Steel Project. The company had earlier announced about Bhoomi Puja and Foundation Stone Laying Ceremony for Phase I of 1 MTPA Iron and Steel Project entailing setting up 0.4 MTPA Coke Oven Plant, Waste Heat Recovery Boilers and 0.4 MTPA Pig Iron Blast Furnace at Vysanakere, Hosapete on 19 March 2018.

Trials from Batteries 1 & 2 of the Coke Oven Plant commenced in January 2020, new 24 MVA Ferro Alloy furnace in February 2020, Batteries 3 & 4 of Coke Oven Plant from November 2020 and refurbished 20 MVA Ferro Alloy Furnace from 18 January 2021.

Sandur Manganese & Iron Ores (SMIORE), the flagship company of the Sandur Group, was founded by former ruler of the Princely State of Sandur, Yeshwanthrao Hindurao Ghorpade in 1954.

Sandur Manganese Share Price

218.35 0.65 (0.30%)

17-Apr-2026 16:59 View Price Chart

Peers

Company Name	CMP
Coal India	438.70
NMDC	89.78
GMDC	733.40
Sandur Manganese	218.35
MOIL	327.60
View more..

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Sandur Manganese & Iron Ores zooms on commencing production of Phase I of 1 MTPA Iron and Steel Project

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