Page 3 of SAIL

Rakesh Jhunjhunwala, rekha jhunjhunwala, SAIL

Rakesh Jhunjhunwala cuts stake in SAIL, stake falls below 1%; PSU stock soars 24% in less than 2 months

Rakesh Jhunjhunwala has trimmed his stake in Steel Authority of India (SAIL) during the January-March quarter to below one per…

April 20, 2022 12:54 IST

Tata Steel completes acquisition of SAIL’s stake in S&T Mining

The acquisition is part of Tata Steel Group portfolio restructuring and simplification strategy.

April 12, 2022 21:29 IST

Cut in debt is going to aid expansion plan: Soma Mondal, chairperson, Steel Authority of India

Public sector steel major Steel Authority of India (SAIL) is actively considering rolling out the next phase of its expansion…

March 26, 2022 08:36 IST

Steel companies feel the heat of input cost rise

Tata Steel MD, TV Narendran said, although raw material prices, especially that of coking coal, has started rising, “Tata Steel…

March 15, 2022 09:25 IST

The proposed expansion, as per its Vision 2030 document, is in sync with the National Steel Policy, 2017, which envisages the country’s steel-making capacity to reach 300 mtpa by 2030-31.

SAIL to embark on massive capacity expansion

“We are planning the next phase of modernisation and expansion. Our debt-equity ratio of 0.42, as on December 31, 2021,…

March 4, 2022 01:30 IST

Analyst Corner: Maintain ‘hold’ on SAIL with price target of Rs 99

Higher raw material prices affected profitability, as the impact of coking coal alone was ~4bn during Q3FY22. Further, management has…

Updated: March 1, 2022 08:29 IST

Analyst Corner: Upgrade SAIL to ‘hold’ with unchanged TP of Rs 99

Significant increase in employee costs further impacted the EBITDA performance. While Q3FY22 net debt reduction is impressive, we see clear…

February 15, 2022 08:14 IST

SAIL Q3 net profit rises 4% to Rs 1,529 crore

The company had posted a consolidated net profit of Rs 1,468.20 crore in the year-ago period, SAIL said in a…

February 9, 2022 21:47 IST

Axis Bank, SAIL, Adani ports, stocks to buy

Axis Bank, SAIL, Adani Ports among top stocks to buy post Budget 2022; Sensex, Nifty look positive

The overall Budget 2022 outcome was positive. The kind of focus put on infrastructure in this year’s budget was extremely…

February 2, 2022 09:23 IST

Down 15% in 6 months, Kotak Securities cuts rating for this Rakesh Jhunjhunwala owned stock

Rakesh Jhunjhunwala-owned SAIL’s (Steel Authority of India) share price has plummeted 15.18% in the last six months to now trade…

January 11, 2022 13:29 IST

Rakesh Jhunjhunwala buys more Titan shares first time since December 2019, hikes SAIL stake

Rakesh Jhunjhunwala and his wife Rekha Jhunjhunwala have increased their stake in Titan Company Ltd for the first time in…

October 22, 2021 10:23 IST

These 2 PSU stocks may gain as much as 14%; ICICI Direct’s stock selection model flashes ‘buy’ signal

Two PSU stocks are expected to gain as much as 14% in the coming months while benchmark indices continue to…

October 4, 2021 14:35 IST

Infosys, ONGC, SAIL, SpiceJet, PNB, UCO Bank, Bank of Maharashtra stocks in focus

Nifty futures turned positive and were trading 24 points or 0.14 per cent up at 16,692 on the Singaporean Exchange,…

August 27, 2021 08:56 IST

SAIL Bengal units post Rs 876 crore profit before tax, interest in June quarter of FY22

The aggregate sales of Durgapur Steel Plant, IISCO Steel Plant and Alloy Steels Plant in the state stood at about…

August 7, 2021 21:48 IST

SAIL returns to black, posts Rs 3,897-crore net profit for June quarter

The company had posted a Rs 1,226.47-crore net loss in the year-ago quarter, Steel Authority of India Ltd (SAIL) said…

Updated: August 6, 2021 22:16 IST

Top stocks to buy: Nifty now eyes 16,270: HDFC Bank, SAIL, ICICI Pru stocks look strong on charts

Above 16,000 levels, the Nifty is heading for the levels of 16,270 with a minor resistance at 16,200.

August 4, 2021 07:50 IST

Nifty to face resistance at 15,850 and 15,925; charts suggest momentum in these two stocks

From the sectoral indices front, Midcap100, Metals, Realty & Media continue to look good while Auto Index is attempting to…

Updated: August 2, 2021 08:52 IST

Buy these two stocks for near term gains while Sensex, Nifty consolidate with a downward bias

A short term correction is likely once the immediate support of 15513 is broken. Downside targets in this scenario are…

July 29, 2021 08:17 IST

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