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22-May2018

SAIL rises on delivering 10,500 tonne steel for Kishanganga Hydroelectric Power Project

Steel Authority of India (SAIL) is currently trading at Rs. 71.90, up by 0.20 points or 0.28% from its previous closing of Rs. 71.75 on the BSE.

The scrip opened at Rs. 72.20 and has touched a high and low of Rs. 72.30 and Rs. 71.90 respectively. So far 773926 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 101.40 on 08-Jan-2018 and a 52 week low of Rs. 53.00 on 28-Sep-2017.

Last one week high and low of the scrip stood at Rs. 77.00 and Rs. 71.60 respectively. The current market cap of the company is Rs. 29636.52 crore.

The promoters holding in the company stood at 75.00%, while Institutions and Non-Institutions held 20.43% and 4.57% respectively.

Steel Authority of India has delivered 10,500 tonne steel for the 330 Megawatts (MW) Kishanganga Hydroelectric Power Project in Bandipora district of Jammu and Kashmir. The company has also supplied around 70% of steel for Tuirial Hydroelectric Power Project in Mizoram.

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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