Support and Resistance Levels
Past performance
About Sarda Energy & Minerals Ltd Sarda Energy & Minerals Ltd, formerly Raipur Alloys & Steel Ltd, is a key player in the metal, mining, and power sector, with integrated steel manufacturing and ferro alloys facilities backed by captive thermal power. Founded in 1976 and acquired by the Sanda Group in 1979, the company has expanded its operations significantly, including the development of hydropower projects through SPVs. It has a strong presence in mining, with iron ore mining leases in Madhya Pradesh, and has ventured into international markets with subsidiaries in Hong Kong and Singapore.
The company has undergone substantial growth and diversification, enhancing its steel and sponge iron production capacities and expanding into hydro and thermal power. Notable projects include a 113 MW hydropower project in Sikkim and a coal mine in Raigarh. Sarda Energy & Minerals has also made strategic investments in coal mines and power projects, reflecting its robust growth strategy and commitment to becoming a self-sufficient and diversified energy and minerals company.