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Steel Authority of India Ltd Slides 2.91%, S&P BSE Metal index Drops 1.49%

  • bitnet infotech
  • March 4, 2020
  • 5:26 am

Steel Authority of India Ltd lost 2.91% today to trade at Rs 35. The S&P BSE Metal index is down 1.49% to quote at 8402.91. The index is down 9.41 % over last one month. Among the other constituents of the index, Jindal Steel & Power Ltd decreased 2.87% and National Aluminium Company Ltd lost 2.75% on the day. The S&P BSE Metal index went down 25.04 % over last one year compared to the 5.82% surge in benchmark SENSEX.

Steel Authority of India Ltd has lost 21.88% over last one month compared to 9.41% fall in S&P BSE Metal index and 3.28% drop in the SENSEX. On the BSE, 1.6 lakh shares were traded in the counter so far compared with average daily volumes of 9.38 lakh shares in the past one month. The stock hit a record high of Rs 60.1 on 08 Apr 2019. The stock hit a 52-week low of Rs 29.5 on 23 Aug 2019.

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