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SAIL jumps on reporting 4% growth in production of value-added steel

17 Apr 2013 Evaluate

SAIL is currently trading at Rs. 61.00, up by 2.55 points or 4.36% from its previous closing of Rs. 58.45 on the BSE.

The scrip opened at Rs. 58.75 and has touched a high and low of Rs. 61.15 and Rs. 58.60 respectively. So far 205303 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. 56.40 on 16-Apr-2013.

Last one week high and low of the scrip stood at Rs. 61.70 and Rs. 56.40 respectively. The current market cap of the company is Rs. 24617.93 crore.

The promoters holding in the company stood at 85.82% while Institutions and Non-Institutions held 11.16% and 3.02% respectively.

Steel Authority of India (SAIL) has reported 4% growth in its production of value-added steel to over 5 million tonnes (mt) in 2012-13 fiscal against 4.83-mt in 2011-12. The entity has increased its output as it added several new products in its portfolio. State run firms energy consumption grew 3% last fiscal, while its blast furnace productivity was up 5%.

Recently, SAIL has entered into memorandum of understanding (MoU) with Kerala State Industrial Development Corporation (KSIDC) and Kerala Minerals and Metals (KMML).

SAIL Share Price

173.50 1.95 (1.14%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Tata Steel 212.05
JSW Steel 1239.90
SAIL 173.50
Jindal Stainless 787.90
APL Apollo Tubes 2105.45
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