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SAIL-Tata Steel JV & Results- BUY SAIL (3)   11-May-08 03:12Tracked by (0)  
Posted by:   ankush_desh on ( 11-May-08 03:12 )
Price : BSE: Rs 166.90 ( -1.68 % ), NSE: Rs. 166.60 ( -1.77 % )
M-junction, SAIL-Tata Steel JV will be e-platform of lucrative coal marketing business. Combined with this expected good results on 16 May can make SAIL stock to soar in near term. So my call is buy and hold SAIL and Tata Stell. SAIL is available at cheap price. The decline in SAIL recently was largely triggered by so called lowering of steel prices, which was mere eye wash. Prices were raised last week by 5000 and they were lowered by 4000. Actually steel prices were increased by 1000 and the attention on the industry was also systematically diverted. Hence, taking into account reality, SAIL may excel shortly.
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  • 18, 17:30
  • Last Price
  •     Change
  • Volume 
  • BSE
  • Rs.122.75
  •  2.90    2.42%
  • 3837778 
  • NSE
  • Rs.123.20
  •  3.15    2.62%
  • 12371647 
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