SAIL is currently trading at Rs. 48.10, up by 0.75 points or 1.58% from its previous closing of Rs. 47.35 on the BSE.
The scrip opened at Rs. 47.55 and has touched a high and low of Rs. 48.25 and Rs. 47.55 respectively. So far 70,000 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 101.60 on 07-Jan-2013 and a 52 week low of Rs. 37.65 on 07-Aug-2013.
Last one week high and low of the scrip stood at Rs. 48.25 and Rs. 42.35 respectively. The current market cap of the company is Rs. 19,865.00 crore.
The promoters holding in the company stood at 80.00% while Institutions and Non-Institutions held 16.54% and 3.45% respectively.
Steel Authority of India (SAIL) has registered a 16% growth in sales during the month of August ’13 by selling 10.86 lakh tonnes (LT) of steel products as compared to 9.38 LT in corresponding period last year (CPLY). The rise in sales was mainly on account of increase in flat product sales, which went up by 26%. While long products saw a growth of 3%, retail sales at 53,800 tonnes in the month were up by 62% on a month-to-month basis.
Concerted efforts to harness the rising dollar materialized in a significant growth in exports to a level of 31,000 tonnes, a CPLY growth of 36%. For the five month duration of April-August ’13, the cumulative steel sales stood at 47.8 LT, a growth of 7% over CPLY.
The growth in sales was backed by the diligent efforts of SAIL employees. Recently, employees of SAIL proved their mettle in the Vishwakarma Rashtriya Puraskar (VRP) and Prime Minister’s Shram awards. In the VRP awards announced for performance year 2011, SAIL gleaned 18 out of 28 awards, constituting 64% of the total awards won, also the highest number won by any PSU. Out of 116 VRP awardees, a whopping 76% were from SAIL alone. In the Prime Minister’s Shram Awards for 2012 announced early this month, SAIL won 6 out of the 16 awards conferred on PSUs; SAIL employees constituted half of the total Shram awardees.
| Company Name | CMP |
|---|---|
| Tata Steel | 212.05 |
| JSW Steel | 1239.90 |
| SAIL | 173.50 |
| Jindal Stainless | 787.90 |
| APL Apollo Tubes | 2105.45 |
| View more.. | |
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