Steel Authority of India (SAIL) is currently trading at Rs. 69.15, up by 0.40 points or 0.58% from its previous closing of Rs. 68.75 on the BSE.
The scrip opened at Rs. 68.75 and has touched a high and low of Rs. 69.80 and Rs. 68.70 respectively. So far 91419 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. 37.65 on 07-Aug-2013.
Last one week high and low of the scrip stood at Rs. 69.80 and Rs. 65.75 respectively. The current market cap of the company is Rs. 28603.89 crore.
The promoters holding in the company stood at 80.00% while Institutions and Non-Institutions held 16.41% and 3.58% respectively.
Steel Authority of India, the country’s largest steel producer has commenced the production from the newly rebuilt Coke Ovens Battery No. 2 at Durgapur Steel Plant (DPS), a unit of the company, on December 02, 2013.
Rebuilt at a total cost of Rs 213 crore, the battery no. 2 has several advanced technological features leading to both qualitative and quantitative improvements in coke making from this battery. The rebuilt Coke Ovens Battery No. 2 has 78 ovens with each oven of volume 23.8 cubic meter (length 13.59 meter and height 4.45 meter). Moreover, several advanced pollution control measures, which include leak proof doors, stationary high pressure water jet cleaner among others have been incorporated in this battery.
The rebuilding of the battery is a part of the modernization and expansion of SAIL DSP under its ongoing capacity enhancement from the present level of 1.60 miilion tonnes of saleable steel to 2.12 million tonne at a total cost of Rs 2,875 crore. Post expansion, DSP is expected to improve the finished component in its products basket from the present level of 36% to 64%.
The scrip opened at Rs. 68.75 and has touched a high and low of Rs. 69.80 and Rs. 68.70 respectively. So far 91419 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. 37.65 on 07-Aug-2013.
Last one week high and low of the scrip stood at Rs. 69.80 and Rs. 65.75 respectively. The current market cap of the company is Rs. 28603.89 crore.
The promoters holding in the company stood at 80.00% while Institutions and Non-Institutions held 16.41% and 3.58% respectively.
Steel Authority of India, the country’s largest steel producer has commenced the production from the newly rebuilt Coke Ovens Battery No. 2 at Durgapur Steel Plant (DPS), a unit of the company, on December 02, 2013.
Rebuilt at a total cost of Rs 213 crore, the battery no. 2 has several advanced technological features leading to both qualitative and quantitative improvements in coke making from this battery. The rebuilt Coke Ovens Battery No. 2 has 78 ovens with each oven of volume 23.8 cubic meter (length 13.59 meter and height 4.45 meter). Moreover, several advanced pollution control measures, which include leak proof doors, stationary high pressure water jet cleaner among others have been incorporated in this battery.
The rebuilding of the battery is a part of the modernization and expansion of SAIL DSP under its ongoing capacity enhancement from the present level of 1.60 miilion tonnes of saleable steel to 2.12 million tonne at a total cost of Rs 2,875 crore. Post expansion, DSP is expected to improve the finished component in its products basket from the present level of 36% to 64%.
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