Steel Authority of India

INTRADAY HOT PICKS

Posted by : bobobai
Price when posted : BSE: Rs 191.35 ( 3.24 % ), NSE: Rs. 191.20 ( 3.16 % )

INTRADAY HOT PICKS...... MORE THEN 90% ACCURACY ....... PAY ONLY AFTER SUCCESSION OF TIP........ FOR TERMS AND CONDITIONS CALL AT 9780139933...

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Posted by : Varner
Price when posted : BSE: Rs 191.35 ( 3.24 % ), NSE: Rs. 191.20 ( 3.16 % )

Currently this 200 is just stone throw away, can be reached any day Sensex move up around 300 points....

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Posted by : NAUGHTY007
Price when posted : BSE: Rs 191.35 ( 3.24 % ), NSE: Rs. 191.20 ( 3.16 % )

the share will cross 200 only if sensex crosses 18000...

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Posted by : tally
Price when posted : BSE: Rs 191.35 ( 3.24 % ), NSE: Rs. 191.20 ( 3.16 % )

i agree with your deductions except PRICE GOING UP DUE ARCELLOR MITTAL INTEREST!!! No chance....

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Posted by : devsethi
Price when posted : BSE: Rs 184.40 ( -0.51 % ), NSE: Rs. 184.40 ( -0.51 % )

Sail is a company that Arcellor Mittal is interested in! On 20% divestment by the govt.this share should move upwards to Rs 500/-. HOLD. This company can only go up as it has its own mines and is now making high quality steel for defence, shipping, car manufacturing, infrastructure sector at lowest cost in the market.Most of the top managers in MITTAL ARCELLOR ARE FROM SAIL. ...

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Posted by : nikki marine
Price when posted : BSE: Rs 185.35 ( -1.38 % ), NSE: Rs. 185.35 ( -1.28 % )

i think we will see 1000 mark in some monday (within 2 years)...

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Posted by : NAUGHTY007
Price when posted : BSE: Rs 185.35 ( -1.38 % ), NSE: Rs. 185.35 ( -1.28 % )

i think we should c 170 levels by monday...

Govt for 20% stake sale in SAIL

Posted by : moneymine
Price when posted : BSE: Rs 185.35 ( -1.38 % ), NSE: Rs. 185.35 ( -1.28 % )

The government said on Thursday it is considering a 20 per cent stake sale in steel major Steel Authority of India Limited, proceeds of which would partly fund the company`s Rs 70,000-crore (Rs 700-billion) expansion projects....

Cabinet may meet today

Posted by : pms.swastika
Price when posted : BSE: Rs 188.85 ( 0.48 % ), NSE: Rs. 189.45 ( 0.91 % )

Cabinet may meet today

Cabinet may take up SAIL, NMDC divestment at meet today : AS PER REPORTS.

Regards
Swastika PMS ...

SAIL

Posted by : insight95in
Price when posted : BSE: Rs 190.50 ( 1.87 % ), NSE: Rs. 191.00 ( 1.87 % )

Looks good and buy on every decline Weekly Trend Decider 177. Close above 189 another round of move on the card....

BOOK PROFIT IN SAIL @ 190

Posted by : srisri223
Price when posted : BSE: Rs 187.00 ( 1.82 % ), NSE: Rs. 187.50 ( 2.12 % )

BOOK PROFIT IN SAIL @ 190,
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SAIL plans 12-mn tonne plant in Jharkhand

Posted by : latikav
Price when posted : BSE: Rs 187.00 ( 1.82 % ), NSE: Rs. 187.50 ( 2.12 % )

KOLKATA: The state-owned Steel Authority of India Ltd (SAIL) is planning to set up a 12-million tonne plant in Jharkhand, the company said here

on Tuesday.

"We have a plan for a greenfield plant in Jharkhand on our radar," said company chairman S K Roongta.

SAIL recently received in-principle approval for renewing mining lease for 810 million tonnes of iron ore reserves at the Chiria mines in Jharkhand from the state government after a delay of several years.

"The Jharkhand government would probably be identifying another 200 million tonne reserve at Chiria, which we plan to develop," Roongta told reporters on the sidelines of a seminar organised by Indian Institute of Foreign Trade and National Manufacturing Competitiveness Council (NMCC).

The company is also looking to acquiring licences for coking coal mines abroad and is in talks with companies in Australia, New Zealand, Mozambique, the US and Indonesia, he said.

"We are looking at both operation and exploration licenses. We want to secure 30-40 per cent of our coking coal needs through acquisitions, though no deals have been closed as yet," Roongta added.

The company`s annual coking coal requirement is 15 million tonnes.

SAIL has a capital expenditure plan of Rs.10,000 crore for 2009-10 but there would be no capacity addition during the year, he said.

However, by 2012 its annual capacity that now stands at 14 million tonnes of "saleable steel" would go up by nine million tonnes.ET..........

SAIL eyes overseas coking coal mines

Posted by : rpd33
Price when posted : BSE: Rs 187.00 ( 1.82 % ), NSE: Rs. 187.20 ( 1.96 % )

Long on sail future of dec at 188...

SAIL eyes overseas coking coal mines

Posted by : pms.swastika
Price when posted : BSE: Rs 185.90 ( 1.23 % ), NSE: Rs. 186.45 ( 1.55 % )

SAIL eyes overseas coking coal mines

State-run Steel Authority of India Ltd is looking at acquiring licenses for coking coal mines abroad to protect itself from fluctuating raw material prices.

The company is in talks with firms in Australia, New Zealand, Mozambique and Indonesia.

Regards
Swastika PMS...

sell or hold

Posted by : stilllotstosee
Price when posted : BSE: Rs 183.65 ( 0.91 % ), NSE: Rs. 183.60 ( 0.71 % )

hi ranjeeta itseems we got SAIL at a similar price, I got 200shares around 194rs so am confused now shall I hold or shall I sell? if you dont mind whts your plans now..you gonna hold or sell? coz obviously one will look to get their invested money back first then for profits right......