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Steel sector stocks in demand as FM announces exempting duty on steel scrap for specified period

01 Feb 2021 Evaluate

Shares related of steel sector zoomed as Finance Minister in her budget announce exempting duty on steel scrap for specified period

Steel Authority of India (SAIL) is currently trading at Rs. 59.85, up by 2.25 points or 3.91% from its previous closing of Rs. 57.60 on the BSE. The scrip opened at Rs. 58.70 and has touched a high and low of Rs. 61.85 and Rs. 57.65 respectively.

Tata Steel is currently trading at Rs. 616.60, up by 15.45 points or 2.57% from its previous closing of Rs. 601.15 on the BSE. The scrip opened at Rs. 604.00 and has touched a high and low of Rs. 621.60 and Rs. 597.45 respectively.

JSW Steel is currently trading at Rs. 371.00, up by 3.00 points or 0.82% from its previous closing of Rs. 368.00 on the BSE. The scrip opened at Rs. 356.00 and has touched a high and low of Rs. 374.85 and Rs. 356.00 respectively.

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
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