Steel Authority of India (SAIL) is currently trading at Rs. 43.05, up by 0.05 points or 0.12% from its previous closing of Rs. 43.00 on the BSE.
The scrip opened at Rs. 42.30 and has touched a high and low of Rs. 43.35 and Rs. 42.30 respectively. So far 105060 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 101.60 on 07-Jan-2013 and a 52 week low of Rs. 42.40 on 24-Jul-2013.
Last one week high and low of the scrip stood at Rs. 46.60 and Rs. 42.40 respectively. The current market cap of the company is Rs. 17843.87 crore.
The promoters holding in the company stood at 80.00% while Institutions and Non-Institutions held 16.54% and 3.45% respectively.
Steel Authority of India (SAIL) is in talks with Indian Railways in order to set up a passenger coach making facility jointly, with an estimated investment of Rs 1,000 crore. It has not decided on the locations and a detailed project report is getting readied.
Steel major is also ready to roll out wagons by the end of next year. Production of coaches will be a win-win for both SAIL and the Railways as it would help the steel major to hedge its risks during industrial downturn and the Indian Railways with the easy-availability of coaches.
The scrip opened at Rs. 42.30 and has touched a high and low of Rs. 43.35 and Rs. 42.30 respectively. So far 105060 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 101.60 on 07-Jan-2013 and a 52 week low of Rs. 42.40 on 24-Jul-2013.
Last one week high and low of the scrip stood at Rs. 46.60 and Rs. 42.40 respectively. The current market cap of the company is Rs. 17843.87 crore.
The promoters holding in the company stood at 80.00% while Institutions and Non-Institutions held 16.54% and 3.45% respectively.
Steel Authority of India (SAIL) is in talks with Indian Railways in order to set up a passenger coach making facility jointly, with an estimated investment of Rs 1,000 crore. It has not decided on the locations and a detailed project report is getting readied.
Steel major is also ready to roll out wagons by the end of next year. Production of coaches will be a win-win for both SAIL and the Railways as it would help the steel major to hedge its risks during industrial downturn and the Indian Railways with the easy-availability of coaches.
No comments:
Post a Comment