Steel Authority of India is currently trading at Rs. 36.90, up by 2.35 points or 6.80% from its previous closing of Rs. 34.55 on the BSE.
The scrip opened at Rs. 35.25 and has touched a high and low of Rs. 37.30 and Rs. 35.10 respectively. So far 1189225 shares were traded on the counter.
The BSE group ‘A’ stock of face value Rs. 10 has touched a 52 week high of Rs. 51.85 on 17-Jan-2020 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. 37.30 and Rs. 33.50 respectively. The current market cap of the company is Rs. 14869.89 crore.
The promoters holding in the company stood at 75.00%, while Institutions and Non-Institutions held 16.99% and 8.02% respectively.
Steel Authority of India’s (SAIL) total sales during July 2020 stood at 15.83 lakh tonnes (LT) increased by about 50 per cent on year. The company had registered sale of 10.59 LT steel during the same month last year.
The company sold 12.73 LT steel in domestic market and exported 3.10 LT steel in July, a growth of 29 per cent and 349 per cent, respectively, over the year-ago month.
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.