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SAIL in talks to buy Hind Fertiliser asset

11 Apr 2011 Evaluate

Steel Authority of India Ltd (SAIL) plans to set up a five million tone steel plant at the closed Hindustan Fertiliser Corporation complex in Sindri in Jharkhand.  The company has approached the Government for taking over the asset. The company is currently in the process of determining the value of the assets of the closed unit.

Peers
Company Name CMP
JSW Steel 1247.05
Tata Steel 171.50
Steel Authority 171.50
Jindal Stainless 709.55
APL Apollo Tubes 2210.00
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