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SAIL gains on tying up with Apollo Hospitals for knowledge sharing, health services

  • bitnet infotech
  • June 11, 2020
  • 5:50 am

Steel Authority of India is currently trading at Rs. 31.75, up by 0.15 points or 0.47% from its previous closing of Rs. 31.60 on the BSE.

The scrip opened at Rs. 31.75 and has touched a high and low of Rs. 31.95 and Rs. 31.35 respectively. So far 217889 shares were traded on the counter.

The BSE group ‘A’ stock of face value Rs. 10 has touched a 52 week high of Rs. 52.80 on 27-Jun-2019 and a 52 week low of Rs. 20.15 on 30-Mar-2020.

Last one week high and low of the scrip stood at Rs. 35.10 and Rs. 31.25 respectively. The current market cap of the company is Rs. 13093.77 crore.

The promoters holding in the company stood at 75.00%, while Institutions and Non-Institutions held 17.55% and 7.45% respectively.
Steel Authority of India (SAIL) has tied up with Apollo Hospitals for establishing a knowledge sharing platform for the company, in a step towards better handling of the corona pandemic, at its HQ and unit hospitals across the country. The step has been taken in the wake of current COVID situation in the country.

As per the pact, Apollo Hospitals will extend help in sample testing, setting protocols and providing assistance to SAIL employees. Apollo Hospitals will also be helping SAIL on developing protocols for safety and treatments during the next few months, for safety of its workforce.

SAIL is India’s largest steel producing company. The company is among the five Maharatnas of the country’s Central Public Sector Enterprises. The company has five integrated steel plants, three special plants, and one subsidiary in different parts of the country.

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