Steel Authority of India (SAIL) is currently trading at Rs. 93.00, up by 0.10 points or 0.11% from its previous closing of Rs. 92.90 on the BSE.
The scrip opened at Rs. 93.25 and has touched a high and low of Rs. 93.45 and Rs. 92.75 respectively. So far 1054925 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 136.70 on 11-Jul-2011 and a 52 week low of Rs. 73.00 on 19-Dec-2011.
Last one week high and low of the scrip stood at Rs. 95.25 and Rs. 92.20 respectively. The current market cap of the company is Rs. 38331.27 crore.
The promoters holding in the company stood at 85.82% while Institutions and Non-Institutions held 11.21% and 2.96% respectively.
In a bid to expand its production capacity to 45 million tonnes per annum (mtpa) by 2020, Steel Authority of India (SAIL) is planning to invest Rs 1.31 lakh crore. At present, the company has a crude steel production capacity of 12.84 mtpa and it is in middle of expanding the same to 21.40 mtpa with an investment of Rs 72,000 crore.
The company, which operates five integrated steel plants, is planning to expand capacity at four of them, leaving IISCO Steel plant at Burnpur out of the expansion purview.
Further, at the Bokaro Steel Plant, the company is proposed to increase the production capacity to 16.75 mtpa from 4.62 mtpa while, the company will also expand the production capacity of Durgapur facility to 8.8 mtpa from 2.2 mtpa. Three mtpa capacity would be raised in both Durgapur and Rourkela steel plants.
| Company Name | CMP |
|---|---|
| Tata Steel | 208.60 |
| JSW Steel | 1215.30 |
| SAIL | 167.00 |
| Jindal Stainless | 775.95 |
| APL Apollo Tubes | 2031.50 |
| View more.. | |
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