SAIL is currently trading at Rs. 56.95, up by 0.45 points or 0.80% from its previous closing of Rs. 56.50 on the BSE.
The scrip opened at Rs. 57.00 and has touched a high and low of Rs. 57.30 and Rs. 56.60 respectively. So far 142257 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 74.80 on 02-Jan-2014 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. 57.80 and Rs. 55.00 respectively. The current market cap of the company is Rs. 23564.65 crore.
The promoters holding in the company stood at 80.00% while Institutions and Non-Institutions held 16.93% and 3.06% respectively.
As a part of Rs 17,265 crore modernisation plan of the flagship mill, Steel Authority of India (SAIL) has commissioned Rs 730-crore new sinter facility at its Bhilai Plant. The modernisation & expansion work at the company’s flagship unit will enhance the Plant’s production levels to 7.5 million tonnes per annum (MTPA) of Hot Metal from the current level of 5 MTPA with an investment of over Rs 17,265 crore
This is part of the total outlay of Rs 72,000 crore for expansion of the company’s hot metal capacity from 14.23 MTPA to 23.46 MTPA. The new facilities coming up at Bhilai include a new blast furnace, sinter machine, a coke oven battery, steel melting shop, universal rail mill and a bar and rod mill.
SAIL is India's largest steel producing company. With a turnover of Rs 49,350 crore, the company is among the five Maharatnas of the country's Central Public Sector Enterprises. SAIL has five integrated steel plants, three special plants, and one subsidiary in different parts of the country.
| 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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