Steel Authority of India is currently trading at Rs 51.80, up by 1.25 points or 2.47% from its previous closing of Rs. 50.55 on the BSE.
The scrip opened at Rs. 51.50 and has touched a high and low of Rs. 51.95 and Rs. 51.10 respectively. So far 431479 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 56.15 on 12-Dec-2016 and a 52 week low of Rs. 33.50 on 12-Feb-2016.
Last one week high and low of the scrip stood at Rs. 51.95 and Rs. 48.90 respectively. The current market cap of the company is Rs. 21396.12 crore.
The promoters holding in the company stood at 75.00%, while Institutions and Non-Institutions held 20.42% and 4.58% respectively.
Steel Authority of India (SAIL) has reported a 16% sales growth during the April-December 2016 period over the corresponding period last year. The improved sales numbers was led by higher domestic sales as well as expanding exports, with the latter recording a remarkable rise of around more than double during this period. The company’s exports rise is in keeping pace with a focus to expand its global foot prints.
On the production front, the company produced 10.18 Million Tonnes (MT) of saleable steel during Apr-Dec 16 period, of which 1.18 MT alone came in December 16, registering a 15% growth in saleable steel production over Apr-Dec 15. With enhanced performance from the modernized units, the techno-economic parameters also exhibited improvement during the first nine months of FY 16-17.
SAIL is India’s largest steel producing company. The company is among the five Maharatnas of the country’s Central Public Sector Enterprises. The company has five integrated steel plants, three special plants, and one subsidiary in different parts of the country.
| Company Name | CMP |
|---|---|
| Tata Steel | 211.65 |
| JSW Steel | 1274.85 |
| SAIL | 172.50 |
| Jindal Stainless | 789.80 |
| APL Apollo Tubes | 2141.55 |
| View more.. | |
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: