Steel Authority Of India is currently trading at Rs. 53.70, up by 0.30 points or 0.56% from its previous closing of Rs. 53.40 on the BSE.
The scrip opened at Rs. 53.40 and has touched a high and low of Rs. 54.05 and Rs. 53.30 respectively. So far 186244 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. 49.05 on 11-Dec-2018.
Last one week high and low of the scrip stood at Rs. 55.30 and Rs. 51.75 respectively. The current market cap of the company is Rs. 22139.62 crore.
The promoters holding in the company stood at 75.00%, while Institutions and Non-Institutions held 20.51% and 4.49% respectively.
Steel Authority of India (SAIL) is expected to supply 10 lakh tonne of steel in 2018-19 and 12 lakh tonne in 2019-20 to Indian Railways for doubling of rail lines, gauge conversion, new lines and track renewal works.
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.
