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Steel Authority of India

BSE: 500113  |  NSE: SAIL  |  ISIN: INE114A01011  |  Steel - Large
    
 

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23 Oct 2009 17:20

BSE Announcements on SAIL

Posted by : MMB Messenger
Price when posted : [SAIL - BSE:Rs. 181.95 NSE:Rs. 71.80 when posted]

Steel Authority of India Ltd (SAIL) has informed BSE that Ministry of Steel has communicated to the Company in principle approval of Department of Disinvestment for further public offer equivalent to 10% of existing paid-up equity capital by SAIL as well as disinvestment of equivalent size of equity held by the Government of India in two discrete tranches, each containing 5% of FPO + 5% offer for sale. This is subject to fulfillment of certain conditions including obtaining approval of Cabinet Committee on Economic Affairs (CCEA). After approval of CCEA, the timing for the above offers would be decided considering, inter-alia, SEBI guidelines and prevailing market considerations and also fulfillment of conditions, if any, stipulated in the CCEA approval. ...

22 Oct 2009 20:27

sell sail

Posted by : NAUGHTY007
Price when posted : BSE: Rs 182.70 ( -4.12 % ), NSE: Rs. 183.05 ( -3.94 % )

the next target is 172-173 buy at levels below that only...

22 Oct 2009 20:13

SAIL

Posted by : raghavan42
Price when posted : BSE: Rs 182.70 ( -4.12 % ), NSE: Rs. 183.05 ( -3.94 % )

THIS LOOKS GOOD. UPSIDE IS AT LEAST 45 RUPEES...

22 Oct 2009 00:40

Sail can cross 200 level and taste 204.10, 208.40 levels in this week. [Ref : TechyInvestor.BlogSpot.Com]

Posted by : peddasai
Price when posted : BSE: Rs 190.55 ( -2.13 % ), NSE: Rs. 190.55 ( -2.21 % )

Day traders are advised to short sell at every rise of this scrip, from the current level....

20 Oct 2009 11:46

Govt to sell stake in SAIL

Posted by : pms.swastika
Price when posted : BSE: Rs 194.40 ( 3.87 % ), NSE: Rs. 194.60 ( 3.95 % )

Govt to sell stake in SAIL

Govt to sell 10% stake in SAIL via FPO

Regards
Swastika PMS...

20 Oct 2009 10:52

Sail can cross 200 level and taste 204.10, 208.40 levels in this week. [Ref : TechyInvestor.BlogSpot.Com]

Posted by : TechyInvestor
Price when posted : BSE: Rs 192.75 ( 2.99 % ), NSE: Rs. 192.65 ( 2.91 % )

Sail breathe points will be as follows :
194.10; 195.40; 197.20; 199.90; 200.40; 202.40; 204.10; 207.40; 208.40; 209.90...

20 Oct 2009 10:42

BSE Announcements on SAIL

Posted by : MMB Messenger
Price when posted : [SAIL - BSE:Rs. 192.85 NSE:Rs. 71.80 when posted]

With reference to the earlier announcement dated October 14, 2009, regarding Q2 results on Oct 22, 2009, Steel Authority of India Ltd (SAIL) has informed BSE that due to some unavoidable circumstances, the above meeting of the Board of Directors is being deferred and would now be held on October 30, 2009. ...

20 Oct 2009 10:36

Margin :BUY SAIL CMP 191.9 Target 195 and 197 StopLoss 188.1 [Ref : TechyInvestor.BlogSpot.Com]

Posted by : TechyInvestor
Price when posted : BSE: Rs 193.15 ( 3.21 % ), NSE: Rs. 193.45 ( 3.34 % )

Margin :BUY SAIL CMP 191.9 Target 195 and 197 StopLoss 188.1
...

20 Oct 2009 09:53

SAIL

Posted by : shuchi2006
Price when posted : BSE: Rs 187.15 ( 1.22 % ), NSE: Rs. 187.20 ( 0.00 % )

Buy with a target of 206...

15 Oct 2009 13:48

SAIL may buy foreign coke mines

Posted by : dipankar66
Price when posted : BSE: Rs 182.60 ( 1.61 % ), NSE: Rs. 182.70 ( 1.64 % )

SAIL will probably get allocation of more iron ore mines in India, probably total Chiria (it is getting half of that)...its crude steel prodn. set to rise to 26 mta, and needs more ore assets. Govt. will surely help. It does not have coking coal assets linkage... if it gets that, it will be in an enviable position. ...

14 Oct 2009 22:31

SAIL may buy foreign coke mines

Posted by : tara23
Price when posted : BSE: Rs 179.70 ( 2.77 % ), NSE: Rs. 179.75 ( 2.36 % )

thanks cgrk, earlier there was a joint venture with sail.. and even nmdc is planning to acquire coking coal mines abroad.....

14 Oct 2009 22:30

SAIL may buy foreign coke mines

Posted by : CGRK
Price when posted : BSE: Rs 179.70 ( 2.77 % ), NSE: Rs. 179.75 ( 2.36 % )

NMDC is not in the picture at present.
The plan to acquire coking coal mines abroad is part of the company`s plan to increase its output to meet growing demand of steel in domestic and international markets.
As per the World Steel Association, Steel demand in India may rise 8.9% in 2009 and 12.1% in 2010
...

14 Oct 2009 22:06

SAIL may buy foreign coke mines

Posted by : tara23
Price when posted : BSE: Rs 179.70 ( 2.77 % ), NSE: Rs. 179.75 ( 2.36 % )

good news... direct with govt or any other entity like nmdc......

14 Oct 2009 21:42

SAIL may buy foreign coke mines

Posted by : CGRK
Price when posted : BSE: Rs 179.70 ( 2.77 % ), NSE: Rs. 179.75 ( 2.36 % )

SAIL rose to Rs 180 on reports that company is considering buying coking coal mines in Australia, Indonesia and Mozambique with an Indian government joint venture...

14 Oct 2009 16:12

BSE Announcements on SAIL

Posted by : MMB Messenger
Price when posted : [SAIL - BSE:Rs. 179.70 NSE:Rs. 71.80 when posted]

Steel Authority of India Ltd (SAIL) has informed BSE that a meeting of the Board of Directors of the Company will be held on October 22, 2009, inter alia, to consider and take on record Unaudited Financial results of the Company for the half-year and quarter ended on September 30, 2009 (Q2). ...