SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

SAIL shines on achieving sales growth of 10% in January 2014

05 Feb 2014 Evaluate

SAIL is currently trading at Rs. 61.15, up by 0.80 points or 1.33% from its previous closing of Rs. 60.35 on the BSE.

The scrip opened at Rs. 60.50 and has touched a high and low of Rs. 61.25 and Rs. 60.50 respectively. So far 80,000 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 87.55 on 05-Feb-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. 69.00 and Rs. 60.25 respectively. The current market cap of the company is Rs. 25,214 crore.

The promoters holding in the company stood at 80.00% while Institutions and Non-Institutions held 16.93% and 3.06% respectively.

Steel Authority of India (SAIL) has registered sales of 1.14 million tonnes (MT) in January 2014, up by 10% compared to same month last year (SMLY). The cumulative sales growth by SAIL for the April 2013-January 2014 period was a robust 8%, as sales rose to 9.84 MT from 9.09 MT in the corresponding period last year (CPLY) backed by a surge of 47% in its exports.

Most products in SAIL basket registered a considerable increase in sales this January sales of Flat Steels rode the wave by growing by 23.5% over SMLY. Cumulative sales growth for Flat Steels in the ten-month period over CPLY was 10.6%.

The upsurge in sales registered by the company has been a result of concerted efforts made by SAIL towards producing tailor-made steel to meet customer requirement. The plants and units of SAIL kept pace with this aggressive sales strategy, by increasing production of saleable steel by 4% in April’13-Jan’14 period, at 10.74 MT.

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
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×