NOVIS.BO
Price:
$13.55
Market Cap:
$489.69M
Nova Iron & Steel Ltd. engages in the manufacturing and distributing of iron and steel products. Its products include iron ore and sponge iron fines. The firm’s sponge iron is used for producing steel products. The company was founded on May 1, 1989 and is headquartered in New Delhi, India.
Industry
Steel
IPO Date
Stock Exchange
BSE
Ticker
NOVIS.BO
According to Nova Iron & Steel Limited’s latest financial reports and current stock price. The company's current ROE is -171.25%. This represents a change of -51.36% compared to the average of -352.06% of the last 4 quarters.
The mean historical ROE of Nova Iron & Steel Limited over the last ten years is -95.48%. The current -171.25% ROE has changed 79.35% with respect to the historical average. Over the past ten years (40 quarters), NOVIS.BO's ROE was at its highest in in the September 2021 quarter at 55.08%. The ROE was at its lowest in in the March 2025 quarter at -1397.20%.
Average
-95.48%
Median
8.73%
Minimum
-1316.78%
Maximum
232.12%
Discovering the peaks and valleys of Nova Iron & Steel Limited ROE, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 11.16%
Maximum Annual ROE = 232.12%
Minimum Annual Increase = -2282.15%
Minimum Annual ROE = -1316.78%
| Year | ROE | Change |
|---|---|---|
| 2025 | -1316.78% | -2282.15% |
| 2024 | 60.34% | 1.67% |
| 2023 | 3.40% | -88.34% |
| 2022 | 29.21% | -18.86% |
| 2021 | 36.00% | -84.49% |
| 2020 | 232.12% | 11.16% |
| 2019 | 2.06% | -73.34% |
| 2018 | 7.73% | -20.48% |
| 2017 | 9.72% | -152.14% |
| 2016 | -18.65% | 167.57% |
The current ROE of Nova Iron & Steel Limited (NOVIS.BO) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
-417.68%
5-year avg
-237.57%
10-year avg
-95.48%
Nova Iron & Steel Limited’s ROE is less than Metal Coatings (India) Limited (5.33%), less than Chennai Ferrous Industries Limited (8.95%), less than Rathi Bars Limited (2.54%), less than Ashirwad Steels & Industries Limited (2.77%), less than Unison Metals Ltd (11.34%), greater than Kridhan Infra Limited (-24.86%), greater than Tulsyan NEC Limited (-28.28%), less than Ashoka Metcast Limited (6.11%), less than Ashoka Metcast Limited (6.11%), less than Zodiac-JRD-MKJ Limited (1.22%),
| Company | ROE | Market cap |
|---|---|---|
| 5.33% | $499.10M | |
| 8.95% | $389.29M | |
| 2.54% | $450.72M | |
| 2.77% | $370.75M | |
| 11.34% | $54.51M | |
| -24.86% | $366.80M | |
| -28.28% | $538.45M | |
| 6.11% | $387.94M | |
| 6.11% | $395.94M | |
| 1.22% | $475.90M |
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