MoneyWorks4Me

SAIL to supply 13.5 LT of rails to Indian Railways in FY20

25 Jun 2019 Evaluate

Steel Authority of India (SAIL) has decided to supply 13.5 lakh tonne (LT) of rails to Indian Railways in the current financial year. The company has been supplying fewer rails against the order placed by the Railways for the last four financial years. In 2018-19, the company has supplied 9.68 LT rails as against the demand of 14 LT.

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.

Peers
Company Name CMP
JSW Steel 1227.10
Tata Steel 175.50
Steel Authority 174.50
Jindal Stainless 732.35
APL Apollo Tubes 2120.65
View more..