Steel Authority of India is currently trading at Rs. 65.15, down by 0.30 points or 0.46% from its previous closing of Rs. 65.45 on the BSE.
The scrip opened at Rs. 65.35 and has touched a high and low of Rs. 67.55 and Rs. 64.05 respectively. So far 776502 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 101.75 on 25-Apr-2012 and a 52 week low of Rs. 64.60 on 19-Mar-2013.
Last one week high and low of the scrip stood at Rs. 72.10 and Rs. 64.05 respectively. The current market cap of the company is Rs. 27199.51 crore.
The promoters holding in the company stood at 85.82% while Institutions and Non-Institutions held 11.16% and 3.02% respectively.
The government is all set to sell 10.82% stake in steel major SAIL on March 22, 2013. The stake sale could fetch government around Rs 2,500 crore. In this regard, the Empowered Group of Ministers on Disinvestment, headed by Finance Minister P Chidambaram, met and decided on the pricing of the share sale.
The Department of Disinvestment (DoD) already held road-shows in Singapore, Hong Kong, US, UK and continental Europe for the proposed SAIL disinvestment. SAIL comes under the administrative control of Steel Ministry.
Company Name | CMP |
---|---|
JSW Steel | 873.30 |
Tata Steel | 166.45 |
SAIL | 167.90 |
Jindal Stainless | 734.80 |
APL Apollo Tubes | 1587.50 |
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