Steel Authority of India is currently trading at Rs. 46.45, up by 0.95 points or 2.09% from its previous closing of Rs. 45.50 on the BSE.
The scrip opened at Rs. 45.00 and has touched a high and low of Rs. 46.50 and Rs. 44.85 respectively. So far 1876824 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 60.10 on 08-Apr-2019 and a 52 week low of Rs. 29.50 on 23-Aug-2019.
Last one week high and low of the scrip stood at Rs. 47.60 and Rs. 43.75 respectively. The current market cap of the company is Rs. 18814.54 crore.
The promoters holding in the company stood at 75.00%, while Institutions and Non-Institutions held 18.17% and 6.83% respectively.
Steel Authority of India (SAIL) has achieved nearly 5 percent growth in iron-ore production in the calendar year (CY) 2019. The eight iron-ore mines of SAIL located in the eastern region produced 43.67 million tonne of the key raw material in 2019.
Surpassing all previous records, iron-ore production and despatch of SAIL mines in Jharkhand and Odisha jump to 21.99 million tonne and 21.68 million tonne, respectively, clocking a growth of 5.25 per cent and 4.62 per cent by the end of calendar year 2019.
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.
