SAIL is currently trading at Rs. 61.75, up by 0.65 points or 1.06% from its previous closing of Rs. 61.10 on the BSE.
The scrip opened at Rs. 61.50 and has touched a high and low of Rs. 61.90 and Rs. 61.40 respectively. So far 23,000 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. 61.90 and Rs. 59.60 respectively. The current market cap of the company is Rs. 25,461.00 crore.
The promoters holding in the company stood at 75.00%, while Institutions and Non-Institutions held 20.46% and 4.54% respectively.
SAIL has entered into a long-term tariff contract (LTTC) with railways involving 15 zones for loading and unloading terminals. Different commodities applicable to the contract include iron and steel, pig iron, slag, limestone, dolomite and manganese ore with a benchmark gross freight revenue (BGFR) of Rs 3,417.74 crore and with corresponding tonnage of 19.3 million tonnes (MT) effective from September. At present this is the highest LTTC agreement in terms of Gross Freight Revenue of Railways.
Steel Authority of India (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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