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News on Steel Authority of India
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NTPC divestment: Citi, Jefferies, Yes, Axis to advise on year’s largest share sale

1.56 pm | 26 May 2017 |  Source: Moneycontrol.com

NTPC’s equity comprises 8.24 billion shares. At today’s market price of Rs 156, sale of 10 percent of the company’s equity will fetch it Rs 12,8...

SAIL, ArcelorMittal JV may be finalised this month: Min

3.35 pm | 23 May 2017 |  Source: PTI

"The ArcelorMittal and SAIL joint venture is in final stages and is progressing fast. The project may be finalised this month," Singh said while addre...

India's crude steel output rises 5% to 8 MT in April

7.02 pm | 05 May 2017 |  Source: PTI

India's crude steel production increased 5.4 percent to 8.107 million tonnes (MT) in April, from 7.69 MT during the same month last year, accordin...

India's new steel policy will kill two birds with one stone

6.53 pm | 04 May 2017 |  Source: Moneycontrol.com

Steel companies can now hope for some support from the government's recently approved National Steel Policy 2017, which broadly focus on increasin...

Niti to soon forward 3rd list of sick CPSEs to PMO

9.07 pm | 21 Apr 2017 |  Source: PTI

Niti Aayog will soon send to the Prime Minister's Office (PMO) the third list of sick Central Public Sector Enterprises (CPSEs) which will be priv...

SAIL spends Rs 64,562 cr on modernisation, expansion of plants

2.07 pm | 18 Apr 2017 |  Source: PTI

"Cumulative expenditure (by SAIL) for various modernisation and expansion packages till December 2016 has been Rs 64,562 crore, including expenditure ...

Hold SAIL; target of Rs 60: ICICI Direct

3.53 pm | 16 Feb 2017 |  Source: Moneycontrol.com

ICICI Direct recommended hold rating on SAIL with a target price of Rs 60 in its research report dated February 13, 2017....

Buy India Cement, SAIL; Sell TVS Motor: Kotak Securities

11.37 am | 15 Feb 2017 |  Source: Moneycontrol.com

In the near term, India Cement stock can go to 180 levels and in the longer term can even test 220 levels. TVS Motor has had a huge run-up from the le...

Sell SAIL; target of Rs 28: Motilal Oswal

6.24 pm | 14 Feb 2017 |  Source: Moneycontrol.com

Motilal Oswal is bearish on SAIL has recommended sell rating on the stock with a target price of Rs 28 in its research report dated February 09, 2017....

SAIL's Q3 net loss narrows to Rs 795 cr

7.42 pm | 09 Feb 2017 |  Source: PTI

The company's standalone net loss in the corresponding quarter of previous fiscal stood at Rs 1,481 crore, Steel Authority of India Ltd (SAIL) said in...

SAIL may post Q3 loss at Rs 850 cr but revenue may rise 26%

11.39 am | 09 Feb 2017 |  Source: CNBC-TV18

Revenue during the quarter is likely to increase 26 percent year-on-year to Rs 11,300 crore, aided by higher volumes and realisations YoY & QoQ, accor...

Sell SAIL; target of Rs 30: Motilal Oswal

3.18 pm | 13 Dec 2016 |  Source: Moneycontrol.com

Motilal Oswal is bearish on SAIL has recommended sell rating on the stock with a target price of Rs 30 in its research report dated December 09, 2016....

SAIL's net loss declines to Rs 730 cr in Jul-Sept qtr 

9.52 pm | 08 Dec 2016 |  Source: PTI

India's largest steelmaker SAIL today reported a decline in standalone net loss at Rs 730.72 crore for the quarter ended September 30, helped by a s...

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