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Steel Authority of India Ltd

 
NSE
BSE

Steel

Large Cap

₹157.30
-3.05   (-1.90 %) down
As on 09 May, 2024 11:14
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Fundamentals
F&O
Financials
Shareholding
Resistance/Support
Delivery and Volume
About
Management
News
Similar Stocks
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Fundamentals
F&O
Financials
Shareholding
Resistance/Support
Delivery and Volume
About
Management
News
Similar Stocks
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Steel Authority of India Ltd Performance

Today's Low
157.00
arrowIcon
Today's High
161.25
52 Wk Low
80.45
arrowIcon
52 Wk High
170.95

Open

161

Traded Value (Cr)

108.70 Cr

Prev. Close

160.35

VWAP

159.81

Volume

2,61,21,298

Face Value

10

Steel Authority of India Ltd Fundamentals

Market Cap
₹ 64,498 Cr
P/E Ratio (TTM)
19.09
P/B Ratio
1.15
Debt to Equity
0.55
ROE
5.75 %
EPS (TTM)
8.18
Dividend Yield
0.96%
Book Value
135.62

Click here to know more about Fundamentals

Steel Authority of India Ltd F&O

Steel Authority of India Ltd Option Chain

Steel Authority of India Ltd Financials

Steel Authority of India Ltd Financials

Steel Authority of India Ltd Shareholding Pattern

Held By Mar 2024 Dec 2023 Sep 2023 Jun 2023
Promoters 65.00 % 65.00 % 65.00 % 65.00 %
Retail 13.50 % 12.97 % 14.35 % 15.07 %
Others 12.12 % 12.52 % 13.07 % 12.70 %
Mutual Funds 6.20 % 5.18 % 3.90 % 3.41 %
FII 3.18 % 4.34 % 3.68 % 3.82 %

Promoters

65.00%

Retail

13.50%

Others

12.12%

Mutual Funds

6.20%

FII

3.18%

Promoters

65.00%

Retail

12.97%

Others

12.52%

Mutual Funds

5.18%

FII

4.34%

Promoters

65.00%

Retail

14.35%

Others

13.07%

Mutual Funds

3.90%

FII

3.68%

Promoters

65.00%

Retail

15.07%

Others

12.70%

Mutual Funds

3.41%

FII

3.82%

Resistance and Support

₹158.13

PIVOT

resistance-arrow
Resistance
First Resistance₹161.017
Second Resistance₹165.883
Third Resistance₹168.767
support-arrow
Support
First Resistance₹153.267
Second Resistance₹150.383
Third Resistance₹145.517
RSI60.554
MACD8.670
ADX44.081
CCI21.361

Delivery and Volume

PeriodDelivery Volume Traded Volume Delivery Volume %
Day26,121,2985,187,45219.86
Week44,055,1889,946,03022.88
1 Month56,854,72321,910,54235.92
6 Months33,767,90110,533,68731.19

Period

Day

Week

1 Month

6 Months

About Steel Authority of India Ltd

Steel Authority of India Limited Share Price Today

Steel Authority of India Limited (SAIL) is a renowned steel-making company in India, under the Ministry of Steel. With a yearly turnover of INR 69,113.61 crore for the 2020-21 financial year, SAIL is the 20th largest steel producer globally and the largest in India. With a hot metal production capacity of 50 million tons per annum by 2025, SAIL is undergoing significant development and modernization programs to achieve global ambitions. 

The company owns and operates five incorporated steel plants in various locations, including three special steel plants in Salem, Durgapur, and Bhadravathi. SAIL also owns a Ferro Alloy plant in Chandrapur. The company began its journey from Hindustan Steel Limited, which was established in 1954. It moved to Calcutta, Ranchi, and Bokaro Steel Plant in 1964. Steel Authority of India Limited share price is subject to market fluctuations, of which you can keep track.

History of Steel Authority of India

In order to oversee five steel factories in India—Durgapur, Bhilai, Bokaro, Rourkela, Burnpur, Alloy Steel Plant, and Salem Steel Plant—the Steel Authority of India Limited (SAIL) was founded in 1973. Since then, the business has grown, forming a joint venture with NTPC in 2001 to generate captive electricity. SAIL became a Maharatna corporation in 2010 and introduced SAIL SeQR, a new line of TMT bars, in 2019. The business was awarded a contract in 2015 to supply rail for the railway expansion project in Iran. SAIL announced its "SAIL Vision 2030" in 2021 with the goal of reaching 50 million tonnes of annual manufacturing capacity for crude steel. Regarding its financial performance, you can explore the Steel Authority of India Limited share price history for more detailed insights.

Financial Highlights of Steel Authority of India

  • SAIL saw an almost 50% increase in sales income between March 2021 and March 2022.
  • However, SAIL's earnings after taxes decreased by about 82% between March 2022 and March 2023.
  • In September 2023, the company's debt-to-equity ratio was about 0.56, indicating minimal debt levels.
  • As of September 2023, the company's quick ratio is 0.21 and its current ratio is 0.78, indicating a need for improving solvency.

A report claims that SAIL is among India's top businesses. To maintain its place in the Indian steel industry, this corporation is expanding and modernising its offices, production units, and raw substance assets. Therefore, keeping this stock in your portfolio as a long-term investment might be wise. You can keep an eye on the SAIL share price today on BSE and NSE.

Managing Director

Founded

1973

NSE Symbol

SAIL

Steel Authority of India Ltd Management

NameDesignation
M B BalakrishnanCompany Sec. & Compli. Officer
Anirban DasguptaDirector(Proj. & Busi. Plann.)
Sukriti LikhiNominee (Govt)
Atanu BhowmickDirector (Commercial)
Amarendu PrakashChairman
K.JayaprasadIndependent Director
Brijendra Pratap Singh.Director (Incharge)
Abhijit NarendraNominee (Govt)
ANIL KUMAR TULSIANIDirector (Finance)
Ashok Kumar TripathyIndependent Director
Kanhaiya SardaIndependent Director
Neelam SonkerIndependent Director
Sagi Kasi Viswanatha RajuIndependent Director
Gopal Singh BhatiIndependent Director
Arvind Kumar SinghDirector (Technical & Project)
Vijendla SriniVaSa ChakraVarthyDirector (Commercial)
Krishna Kumar SinghDirector (Personnel)

Steel Authority of India Ltd News

Steel Authority of India Ltd spurts 0.27%, up for five straight sessions
Steel Authority of India Ltd is quoting at Rs 165.1, up 0.27% on the day as on 12:44 IST on the NSE. The stock is up 103.33% in last one year as compared to a 25.73% gain in NIFTY and a 59.42% gain in the Nifty Metal.
Steel Authority of India Ltd gains for third straight session
Steel Authority of India Ltd is quoting at Rs 152, up 2.43% on the day as on 12:49 IST on the NSE. The stock is up 85.37% in last one year as compared to a 26.26% jump in NIFTY and a 56.86% jump in the Nifty Metal index.
Steel Authority of India Ltd spurts 0.75%, up for fifth straight session
Steel Authority of India Ltd is quoting at Rs 154.2, up 0.75% on the day as on 12:44 IST on the NSE. The stock is up 89.09% in last one year as compared to a 26.65% jump in NIFTY and a 56.77% jump in the Nifty Metal.
Steel Authority of India Ltd up for third straight session
Steel Authority of India Ltd is quoting at Rs 150.8, up 3.08% on the day as on 12:49 IST on the NSE. The stock is up 82.9% in last one year as compared to a 28.76% spurt in NIFTY and a 60.32% spurt in the Nifty Metal index.
Steel Authority of India Ltd spurts 2.14%, gains for fifth straight session
Steel Authority of India Ltd is quoting at Rs 133.4, up 2.14% on the day as on 12:44 IST on the NSE. The stock is up 65.1% in last one year as compared to a 30.72% jump in NIFTY and a 53.42% jump in the Nifty Metal.
Steel Authority of India Ltd spurts 1.51%, up for third straight session
Steel Authority of India Ltd is quoting at Rs 130.95, up 1.51% on the day as on 12:49 IST on the NSE. The stock is up 52.53% in last one year as compared to a 29.37% gain in NIFTY and a 47.88% gain in the Nifty Metal index.
Steel Authority of India Ltd Spikes 4.29%, S&P BSE Metal index Rises 2.1%
Steel Authority of India Ltd has lost 1.11% over last one month compared to 1.07% gain in S&P BSE Metal index and 0.57% drop in the SENSEX
Steel Authority of India Ltd rises for third straight session
Steel Authority of India Ltd is quoting at Rs 125.6, up 3.2% on the day as on 12:49 IST on the NSE. The stock is up 45.03% in last one year as compared to a 29.79% jump in NIFTY and a 45.09% jump in the Nifty Metal index.
Steel Authority of India Ltd down for fifth straight session
Steel Authority of India Ltd is quoting at Rs 130.2, down 3.05% on the day as on 13:19 IST on the NSE. The stock jumped 49.74% in last one year as compared to a 30.46% rally in NIFTY and a 45.39% spurt in the Nifty Metal index.
Steel Authority of India Ltd gains for third straight session
Steel Authority of India Ltd is quoting at Rs 140, up 1.71% on the day as on 12:49 IST on the NSE. The stock is up 60.09% in last one year as compared to a 26.47% jump in NIFTY and a 46.35% jump in the Nifty Metal index.

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Steel Authority of India Ltd FAQ

By opening a demat account and having your KYC papers confirmed online, you may simply purchase Steel Authority of India Ltd shares in BlinkX

The share price of any stock is volatile and changes during the day due to a variety of variables. Steel Authority of India Ltd's share price is ₹157.30 as of May 9, 2024

Steel Authority of India Ltd's P/E ratio is 19.09 times as of May 9, 2024.

Steel Authority of India Ltd's most recent financial reports indicate a price-to-book ratio of 1.15, showing the company's stock market valuation in relation to the value of its real assets.

Market capitalisation, often known as market cap, is the market value of all outstanding shares of a publicly listed corporation. Steel Authority of India Ltd's market is 64,498 Cr as on May 9, 2024.

The current financial records of Steel Authority of India Ltd show a 5.75% ROE, showing great financial performance and effective capital utilisation, making it a significant statistic for investors.

The 52-week high/low price of a Steel Authority of India Ltd stock is the highest and lowest price at which it has traded over that period (about one year) and is used as a technical indicator. Steel Authority of India Ltd's 52-week high and low as of May 9, 2024 are ₹161.25 and ₹157 respectively.

As of the Mar 2024 quarter, the promoter shareholding in Steel Authority of India Ltd stands at 65.00%. During the same period, Institutional Investors have shown a slight decrease in their holdings, dropping from 4.34% to 3.18%.