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SAIL FPO likely to open on Feb 8; stock slips 2%

Steel Authority of India (SAIL) FPO is likely to open on February 8, reports CNBC-TV18. It touched an intraday high of Rs 185.50 and an intraday low of Rs 180.65. At 10:36 hrs the share was quoting at Rs 180.80, down Rs 3.95, or 2.14%.

January 07, 2011 / 11:22 IST

Steel Authority of India (SAIL) touched an intraday high of Rs 185.50 and an intraday low of Rs 180.65. At 10:36 hrs the share was quoting at Rs 180.80, down Rs 3.95, or 2.14%.

The company's FPO is likely to open on February 8, reports CNBC-TV18.
 
Government  is going to divest 5%. SAIL is going to raise 5% fresh equity via FPO.

It was trading with volumes of 94,934 shares. Yesterday the share closed down 0.35% or Rs 0.65 at Rs 184.75.

Share Price Movement During The Last 12 Months
PeriodPriceLatest PriceGain/Loss (Rs.)% Gain/Loss
3-Days188.60180.80-7.80-4.14
5-Days182.50180.80-1.70-0.93
7-Days181.25180.80-0.45-0.25
15-Days194.90180.80-14.10-7.23
1-Month184.50180.80-3.70-2.01
3-Month226.85180.80-46.05-20.30
6-Month193.75180.80-12.95-6.68
9-Month256.35180.80-75.55-29.47
1-Year249.25180.80-68.45-27.46

first published: Jan 7, 2011 10:39 am

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