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SAIL surges on good Q1 numbers
Published on Mon, Jul 21 at 14:49 , Updated at Mon, Jul 21 at 14:58
Source : moneycontrol.com
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At 2:39 pm, Steel Authority of India, SAIL was quoting at Rs 126.50, up Rs 3.75, or 3.05%. It has touched an intraday high of Rs 128.20 and an intraday low of Rs 121.30. The company has announced its first quarter numbers. Its standalone net profit has increased by 20.33% at Rs 1835.19 crore for first quarter of FY09 as against Rs 1525.12 crore in same period of last year. Standalone net sales was also up by 37.19% at Rs 11,029.4 crore from Rs 8,039.5 crore YoY.
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