Bloom Industries Ltd Sees Surge in Stock Price Amid Strong Buying Activity
2025-03-20 14:55:05Bloom Industries Ltd, a microcap player in the ferrous metal industry, is witnessing significant buying activity, with a remarkable 22.33% increase in its stock price today. This performance starkly contrasts with the Sensex, which has only risen by 1.30% during the same period. Over the past week, Bloom Industries has gained 21.87%, while the Sensex has increased by 3.53%. The stock's one-month performance shows a 24.59% rise compared to the Sensex's modest 0.92% gain. Today, Bloom Industries opened with a gap up of 4.01% and reached an intraday high of Rs 35.11, reflecting strong buyer sentiment. The stock has demonstrated high volatility, with an intraday fluctuation of 8.1%. Despite a challenging three-month performance of -9.97%, the stock has shown resilience over the past year, boasting a 41.12% increase compared to the Sensex's 6.01% rise. Bloom Industries' current price is above its 5-day, 20-day...
Read MoreBloom Industries Adjusts Valuation Grade Amidst Competitive Industry Landscape
2025-03-20 08:00:05Bloom Industries, a microcap player in the ferrous metal industry, has recently undergone a valuation adjustment, reflecting a shift in its financial standing. The company currently exhibits a price-to-earnings (PE) ratio of 19.06 and an EV to EBITDA ratio of 23.52, indicating its market valuation relative to earnings and operational performance. Additionally, the company's return on capital employed (ROCE) stands at 7.31%, while its return on equity (ROE) is recorded at 5.64%. In comparison to its peers, Bloom Industries presents a more favorable valuation profile. For instance, while Mahamaya Steel is categorized as very expensive with a PE ratio of 119.87, other competitors like Azad India and Nova Iron & Steel are marked as risky, reflecting their loss-making status. This contrast highlights Bloom's relatively stable financial metrics amidst a challenging industry landscape. The stock has experienced ...
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Bloom Industries Faces Financial Struggles Amid Evaluation Adjustment and Weak Market Performance
2025-03-12 08:02:27Bloom Industries, a microcap in the metal-ferrous sector, recently adjusted its evaluation amid flat financial performance for Q3 FY24-25. The company reported Rs 11.89 crore in net sales for the half-year, with concerns over its long-term strength and weak debt servicing capabilities, alongside underperformance relative to the broader market.
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Bloom Industries Faces Financial Struggles Amid Declining Performance and Weak Fundamentals
2025-03-05 08:04:47Bloom Industries, a microcap in the metal-ferrous sector, has recently adjusted its evaluation amid flat financial performance for Q3 FY24-25. The company reported Rs 11.89 crore in net sales for the half-year, with significant challenges in debt servicing and weak long-term fundamentals, reflected in low ROCE and declining profits.
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Bloom Industries Faces Financial Struggles Amid Declining Sales and Low Cash Reserves
2025-03-03 18:41:59Bloom Industries, a microcap in the metal-ferrous sector, recently adjusted its evaluation amid flat financial performance for the quarter ending December 2024. The company reported net sales of Rs 11.89 crore and low cash reserves, indicating challenges in long-term fundamentals and market performance relative to broader indices.
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Bloom Industries Faces Financial Challenges Amidst Flat Performance and Low Cash Reserves
2025-02-25 18:20:26Bloom Industries, a microcap in the metal-ferrous sector, has recently adjusted its evaluation amid flat financial performance in Q3 FY24-25. The company reported net sales of Rs 11.89 crore and faced challenges with low cash reserves and a weak EBIT to Interest ratio, indicating underlying financial difficulties.
Read MoreBloom Industries Experiences Technical Indicator Shifts Amidst Market Volatility
2025-02-25 10:26:37Bloom Industries, a microcap player in the ferrous metal industry, has recently undergone an evaluation revision reflecting shifts in its technical indicators. The company's current price stands at 28.00, down from a previous close of 30.01, with a notable 52-week high of 57.24 and a low of 22.06. Today's trading saw a high of 28.00 and a low of 25.20, indicating some volatility. In terms of technical metrics, the MACD shows a mixed picture, with weekly readings indicating bearish trends while monthly data points to bullish momentum. The Relative Strength Index (RSI) remains neutral on both weekly and monthly scales, suggesting a lack of strong directional movement. Bollinger Bands reflect a mildly bearish stance on a weekly basis, contrasting with a mildly bullish outlook for the monthly period. Moving averages indicate a mildly bullish trend on a daily basis, while the KST presents a similar divergence b...
Read MoreBloom Industries Adjusts Valuation Grade Amidst Competitive Ferrous Metal Market Dynamics
2025-02-24 12:56:31Bloom Industries, a microcap player in the ferrous metal industry, has recently undergone a valuation adjustment reflecting its current market standing. The company's price-to-earnings ratio stands at 17.99, while its price-to-book value is recorded at 1.88. Additionally, the enterprise value to EBITDA ratio is noted at 22.47, indicating a specific market positioning relative to its earnings. In terms of performance metrics, Bloom Industries has a return on capital employed (ROCE) of 7.31% and a return on equity (ROE) of 5.64%. These figures provide insight into the company's operational efficiency and profitability. When compared to its peers, Bloom Industries presents a more favorable valuation profile. For instance, Mahamaya Steel is positioned at a significantly higher price-to-earnings ratio of 118.06, while other competitors like Sarthak Metals also reflect elevated valuations. In contrast, several ...
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Bloom Industries Faces Financial Struggles Amid Declining Sales and Weak Metrics
2025-02-21 18:13:08Bloom Industries, a microcap in the metal-ferrous sector, has faced significant challenges, including a 41.57% decline in net sales and a low EBIT to Interest ratio of 0.58. The company's financial metrics indicate weaknesses, with a reported average ROCE of 4.13% and minimal cash reserves.
Read MoreCompliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018
03-Apr-2025 | Source : BSEEnclosed Certificate under Reg 74(5) of DP Regulations2018 regarding compliances with the regulation for the period 01.01.2025 to 31.03.2025
Closure of Trading Window
26-Mar-2025 | Source : BSEThe trading window for trading in equity shares of the company shall remain closed from 1st April 2025 until 48 hours after the declaration of the financial results for 4th quarter as well as year ended 31st March2025 as per the attached intimation
Announcement under Regulation 30 (LODR)-Press Release / Media Release
15-Feb-2025 | Source : BSEPublication of Unaudited Financial Results for the third quarter and nine months ended December 31st 2024
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