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Moneycontrol >> Messageboard >> Stocks >> Steel Authority of India
   You are here :     Moneycontrol     MMB   Stocks   Steel Authority of India

Steel Authority of India

Belongs to: Steel - Large
Buy, Sell or Hold? 92 comments
1 negative opinions
9 boarder queries
181 boarder tracking
Peer stocks in Steel - Large sector
BSE: 500113
NSE: SAIL
61.30  -4.35 (-6.63)
Volume: 26193110
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18 Nov 2008 15:42

Hold SAIL; target Rs 110: KRChoksey

Posted by : treasureddhan
Price when posted : BSE: Rs 61.25 ( -6.77 % ), NSE: Rs. 61.25 ( -6.70 % )
View full thread (4 messages)

Tracked by: 0 Boarder

KRCHOKsey would have got struck in large volume as 110 or would have bought heavy 110 call at Rs5, hence the recommendation. IDIOT OF research team and their view. This sort of analyst should be shot for such bad recommendation...

In reply to:

Hold SAIL; target Rs 110: KRChoksey

Posted by : Varner

Buy on dips and start accumulating im small lots.

18 Nov 2008 15:40

Todays CALL is SAIL

Posted by : treasureddhan
Price when posted : BSE: Rs 61.25 ( -6.77 % ), NSE: Rs. 61.25 ( -6.70 % )
View full thread (11 messages)

Tracked by: 0 Boarder

My target almost near. I am sure this will tank to 52.40 in two trading session. Buy 50 put . EVen if the import duty is imposed, this stock will tank along with market due to overall global clues, which is not healthy. Till such time BUSH is there in the seat the Dow will not recover. Can expect good bounce back only after Jan20
BUSH is in his cleaning operation, he has to shelf so many things under the carpet before he quits. Sail will reverse only at 32.40...

In reply to:

Todays CALL is SAIL

Posted by : a_senthil_pvi

Some positive announcement is expected for metal from ministry in this week, much awaited bounce is happening in sail today, can it sustain? target 70+ today, mminimum. Still doubtful if short covering will happen...

18 Nov 2008 13:41

Todays CALL is SAIL

Posted by : Arunad
Price when posted : BSE: Rs 63.90 ( -2.74 % ), NSE: Rs. 64.10 ( -2.36 % )
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Tracked by: 0 Boarder

Positive is only 10% expected import duty on steel, which may just stop downtrend in price of few of products temperorily. But its not going to be beneficial to Sail in long term. What sail requires is cut down in freight rates by railways, reduction in coal price by coal india, shipping freight reduction by shipping corporation, Stopping of all expansion plans announced by Minister and Sail chaiman. Otherwise Rourkela plant is alredy cutting production by 50% and Durgapur is expected to cut by 30%.Exports have already been down to ulmost nil.Than from where Sail is going to earn expected profits.Better exit and reenter around 30....

In reply to:

Todays CALL is SAIL

Posted by : a_senthil_pvi

Some positive announcement is expected for metal from ministry in this week, much awaited bounce is happening in sail today, can it sustain? target 70+ today, mminimum. Still doubtful if short covering will happen...

18 Nov 2008 11:10

Todays CALL is SAIL

Posted by : a_senthil_pvi
Price when posted : BSE: Rs 66.85 ( 1.75 % ), NSE: Rs. 67.80 ( 3.27 % )
View full thread (11 messages)

Tracked by: 0 Boarder

Some positive announcement is expected for metal from ministry in this week, much awaited bounce is happening in sail today, can it sustain? target 70+ today, mminimum. Still doubtful if short covering will happen......

In reply to:

Todays CALL is SAIL

Posted by : treasureddhan

Market went down and it will go down down in yet another couple of days. Sell Steel, IT Sector and finance sector. Sail can go below 58.40 today, and break below that level can see the stock touching Rs 43.10

18 Nov 2008 08:24

Todays CALL is SAIL

Posted by : treasureddhan
Price when posted : BSE: Rs 65.70 ( -4.44 % ), NSE: Rs. 65.65 ( -4.16 % )
View full thread (11 messages)

Tracked by: 0 Boarder

Market went down and it will go down down in yet another couple of days. Sell Steel, IT Sector and finance sector. Sail can go below 58.40 today, and break below that level can see the stock touching Rs 43.10
...

In reply to:

Todays CALL is SAIL

Posted by : mukut

Market will go up from monday. As u know inflation started cooling off. Next week RBI will announce rate and CRR cut.

17 Nov 2008 20:35

Sail down target=65....

Posted by : marketman
Price when posted : BSE: Rs 65.70 ( -4.44 % ), NSE: Rs. 65.65 ( -4.16 % )
View full thread (20 messages)

Tracked by: 0 Boarder

The target of 65 is very well achieved.......

In reply to:

Sail down target=65....

Posted by : HK65

I think it is over-blown, like a bubble... on LME steel billet is up 60% in just a couple of days.. from 250 to 400... enjoy talks of steel selling below its production cost and doomsday hawkers..
Human civilisation will be in very much need of this commodity rather the commodity needs any ..as long as world drives, cooks, builds, moves, rights, rests on steel products... no need to hear such blah blah... this is the right time to buy steel stocks when nobody wants it...

17 Nov 2008 11:29

book profits on shorts

Posted by : marketbear
Price when posted : BSE: Rs 63.30 ( -7.93 % ), NSE: Rs. 63.65 ( -7.08 % )
View full thread (1 messages)

Tracked by: 0 Boarder

Traders who have gone short on SAIL at level of 87 can book profits on shorts at current levels fully. Do not carry forward any short positions in SAIL and Tata Steel...

16 Nov 2008 12:24

Hold SAIL; target Rs 110: KRChoksey

Posted by : Varner
Price when posted : BSE: Rs 68.75 ( -4.31 % ), NSE: Rs. 68.50 ( -4.33 % )
View full thread (4 messages)

Tracked by: 0 Boarder

Buy on dips and start accumulating im small lots....

In reply to:

Hold SAIL; target Rs 110: KRChoksey

Posted by : just a trader

Hai KRChoksey,
what happend for Sail. now sail to start coming down.

15 Nov 2008 21:40

Hold SAIL; target Rs 110: KRChoksey

Posted by : just a trader
Price when posted : BSE: Rs 68.75 ( -4.31 % ), NSE: Rs. 68.50 ( -4.33 % )
View full thread (4 messages)

Tracked by: 0 Boarder

Hai KRChoksey,
what happend for Sail. now sail to start coming down....

In reply to:

Hold SAIL; target Rs 110: KRChoksey

Posted by : MMB Messenger

KRChoksey Research has recommended a hold rating on Steel Authority of India, with price target of Rs 110. Net sales increased 34% Y-o-Y to Rs 12,238.59 Crore in Q2FY09 but volume growth declined by 16.1%

15 Nov 2008 21:40

Hold SAIL; target Rs 110: KRChoksey

Posted by : MMB Messenger
Price when posted : BSE: Rs 68.75 ( -4.31 % ), NSE: Rs. 68.50 ( -4.33 % )
View full thread (4 messages)

Tracked by: 0 Boarder

KRChoksey Research has recommended a hold rating on Steel Authority of India, with price target of Rs 110. Net sales increased 34% Y-o-Y to Rs 12,238.59 Crore in Q2FY09 but volume growth declined by 16.1%...

15 Nov 2008 19:31

Todays CALL is SAIL

Posted by : KARUNAS
Price when posted : BSE: Rs 68.75 ( -4.31 % ), NSE: Rs. 68.50 ( -4.33 % )
View full thread (11 messages)

Tracked by: 0 Boarder

RBI has to act fast enough to put some resistance in its downward journey. Nothing substantial is expected from G-20....

In reply to:

Todays CALL is SAIL

Posted by : mukut

Market will go up from monday. As u know inflation started cooling off. Next week RBI will announce rate and CRR cut.

15 Nov 2008 05:46

SAIL may have to perform an obligation

Posted by : Guest
Price when posted : BSE: Rs 68.75 ( -4.31 % ), NSE: Rs. 68.50 ( -4.33 % )
View full thread (1 messages)

Tracked by: 0 Boarder

It is learnt that all PSUs where Govt. has got major share holding, to consider to strengthen the coffers by declaring an interim dividend for March`09.

As the Govt wants to get as much Cash inflow as possible to tide over the various financial commitments before presenting the budget for the next year, and during the tenure of office, all PSUs may declare the maximum as interim dividend.

Investors may not be troubled to consider a final dividend payout at the AGM in June`09. Please expect the board meetings and announcements for the record dates to follow shortly.
sl...

14 Nov 2008 15:11

Todays CALL is SAIL

Posted by : mukut
Price when posted : BSE: Rs 68.50 ( -4.66 % ), NSE: Rs. 68.30 ( -4.61 % )
View full thread (11 messages)

Tracked by: 0 Boarder

Market will go up from monday. As u know inflation started cooling off. Next week RBI will announce rate and CRR cut....

In reply to:

Todays CALL is SAIL

Posted by : treasureddhan

Those who are long better square up, monday market is going to be very very weak

14 Nov 2008 15:03

Todays CALL is SAIL

Posted by : treasureddhan
Price when posted : BSE: Rs 69.10 ( -3.83 % ), NSE: Rs. 69.25 ( -3.28 % )
View full thread (11 messages)

Tracked by: 0 Boarder

Those who are long better square up, monday market is going to be very very weak...

In reply to:

Todays CALL is SAIL

Posted by : treasureddhan

Today`s movement in the market is dubious. Trying to trap all those who are in long position. Monday Market is certainly go to tank deep

14 Nov 2008 14:51

Todays CALL is SAIL

Posted by : treasureddhan
Price when posted : BSE: Rs 69.40 ( -3.41 % ), NSE: Rs. 69.15 ( -3.42 % )
View full thread (11 messages)

Tracked by: 0 Boarder

Today`s movement in the market is dubious. Trying to trap all those who are in long position. Monday Market is certainly go to tank deep...

In reply to:

Todays CALL is SAIL

Posted by : treasureddhan

will sail breach 52 weeks low today? I keep my fingures crossed

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