Steel Authority of India (SAIL) is currently trading at Rs. 64.00, up by 0.10 points or 0.16% from its previous closing of Rs. 63.90 on the BSE.
The scrip opened at Rs. 64.75 and has touched a high and low of Rs. 64.90 and Rs. 64.00 respectively. So far 571989 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 68.55 on 07-Apr-2017 and a 52 week low of Rs. 44.25 on 29-Sep-2016.
Last one week high and low of the scrip stood at Rs. 64.90 and Rs. 61.80 respectively. The current market cap of the company is Rs. 26538.62 crore.
The promoters holding in the company stood at 75.00%, while institutions and non-institutions held 20.87% and 4.13% respectively.
SAIL has supplied 6.20 lakh tonnes (LT) of rails to the Indian Railways in 2016-17. Initially for 2016-17, the railway board had placed a bulk indent on the company for supply of 6,24,516 tonnes of rails, which was met by the company and it supplied 6,20,049 tonnes of rails during 2016-17 to Indian Railways.
However, the enhanced requirement of Railways i.e. supply of 8.2 LT of rails during the year could not be met due to capacity constraints. But, with the ramping up of the new 1.2 million tonne Universal Rail Mill at Bhilai Steel Plant, the company has now capacity to meet additional demand of Indian Railways.
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 | 212.05 |
| JSW Steel | 1239.90 |
| SAIL | 173.50 |
| Jindal Stainless | 787.90 |
| APL Apollo Tubes | 2105.45 |
| View more.. | |
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