Steel Authority of India is currently trading at Rs. 77.70, up by 0.30 points or 0.39% from its previous closing of Rs. 77.40 on the BSE.
The scrip opened at Rs. 78.00 and has touched a high and low of Rs. 78.35 and Rs. 77.00 respectively. So far 296535 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 101.40 on 08-Jan-2018 and a 52 week low of Rs. 53.00 on 28-Sep-2017.
Last one week high and low of the scrip stood at Rs. 78.85 and Rs. 74.55 respectively. The current market cap of the company is Rs. 32073.53 crore.
The promoters holding in the company stood at 75.00%, while Institutions and Non-Institutions held 20.43% and 4.57% respectively.
Steel Authority of India (SAIL) is considering locations in three states of Gujarat, Andhra Pradesh and Maharashtra for set up Rs 5,000 crore autograde steel plant. The company will set up this plant in joint venture with ArcelorMittal. The proposed plant would be set up in one of these three states.
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.
