Apr 05, 2021 07:46 PM IST

DGTR reviewing need for continued imposition of antidumping duty on certain steel items

Indian Steel Association had filed an application before the DGTR on behalf of the SAIL, JSW Steel Ltd and ArcelorMittal Nippon Steel India Ltd for initiation of sunset review investigation concerning imports of "Hot-Rolled Flat Products of Alloy or Non-Alloy Steel" originating in or exported from China PR, Japan, Korea, Russia, Brazil and Indonesia.

SAIL shares hit 52-week high on record quarterly sales during Jan-March quarter

The company clocked its best ever quarterly sales at 4.27 million tonnes (MT) during the March quarter of the last fiscal year, up 14 percent over the year-ago period.

Buy SAIL; target of Rs 104: Motilal Oswal

Motilal Oswal is bullish on SAIL recommended buy rating on the stock with a target price of Rs 104 in its research report dated March 23, 2021.

SAIL: Can it rerate further riding on a strong steel cycle?

SAIL remains optimistic about steel demand on the back of higher infrastructure spending and strong rural growth. All eyes are on strategic divestment

Buy SAIL; target of Rs 81: Motilal Oswal

Motilal Oswal is bullish on SAIL has recommended buy rating on the stock with a target price of Rs 81 in its research report dated January 31, 2021.

SAIL Standalone December 2020 Net Sales at Rs 19,832.93 crore, up 19.9% Y-o-Y

Govt mops up Rs 19,499 crore from CPSE disinvestment, buyback so far in FY21

Finance Minister Nirmala Sitharaman had in her budget for 2020-21 set a target of raising Rs 2.1 lakh crore from privatisation, sale of minority stakes in state-owned companies and share buyback by CPSEs.

SAIL posts Rs 1,468 crore net profit in December quarter

The company had a net loss of Rs 343.57 crore during the same quarter a year ago, the Steel Authority of India Ltd (SAIL) said in a BSE filing late night on Friday.

SAIL planning to set up India's first gas-to-ethanol plant in Chandrapur

It would cost around Rs 400 crore for SAIL to set up the plant, of which 20 per cent "viable gas funding" or aid will be provided by the government under the National Policy on BioFuels 2018.

Trade Spotlight: What should investors do with Max Healthcare, SAIL & Tata Motors?

Stocks like Max Healthcare rose to its 52-week high, up over 2 percent, SAIL fell by about 6 percent, and Tata Motors was down by over 5.6 percent.

SAIL OFS subscribed over 5 times, Centre to garner Rs 2,664 crore from stake sale

Earlier this week, the government had proposed OFS of 20.6 crore shares of face value of Rs 10 each (base offer size), with an option to additionally sell up to 20.6 crore equity shares.

Government to sell up to 10% stake in SAIL, stock price falls 8%

The Offer for Sale size has been calculated at 206,526,264 equity shares of the face value of Rs 10 each (base offer size), with an option to additionally sell up to 206,526,264 shares.

Government to sell up to 10% stake in SAIL; OFS to open on January 14

For non-retail investors, the OFS will open on January 14 while for retail investors on January 15.

Odisha: Four workers die due to gas leak in Rourkela Steel Plant

According to a preliminary report, the four workers died due to carbon monoxide gas leak from the unit, the officials said, adding that some others, who also fell ill after inhaling the toxic gas, are being treated at the RSP dispensary.

Steel Authority of India: Improved performance, but fully valued

On the back of an increase in steel prices and volumes, SAIL’s December and March quarter results are likely to be better

SAIL posts Rs 436 crore net profit in Q2

New Delhi, Nov 6 Domestic steel giant SAIL on Friday reported a consolidated net profit of Rs 436.52 crore for the second quarter ended September 30..

SAIL's October sales up 21% to 1.34 million tonnes

"The crude steel production and the saleable steel production also grew substantially by 14 percent and stood at 1.446 MT and 1.347 MT, respectively, during the month over CPLY," SAIL said.

Interview | RailTel, IRFC IPOs in pipeline; govt has limited bandwidth to back Air India: DIPAM secretary Tuhin Kanta Pandey

In an exclusive interview, DIPAM Secretary Tuhin Kanta Pandey says plans for FY21 include IPOs of RailTel, IRFC Ltd and WAPCOS Ltd. and the privatisation of Nilanchal Ispat Nigam Ltd plant in Odisha, and the Salem and Bhadravathi steel plants of SAIL Ltd. Pandey also said the government is trying its best to complete the privatisation of Shipping Corp, Concor Ltd, Bharat Earth Movers Ltd and Central Electronics Ltd before March 31, 2021.

Neutral SAIL; target of Rs 42: Motilal Oswal

Motilal Oswal recommended Neutral rating on SAIL with a target price of Rs 42 in its research report dated September 16, 2020.

SAIL reports over Rs 1,226 crore net loss in Q1 on lower sales

During the quarter under review, the company said its net profit declined to Rs 9,346.21 crore from Rs 14,998.20 crore in the April-June period of the preceding fiscal.

Soma Mondal's rise at SAIL a rare moment for women in steel industry

Soma Mondal, currently Director, Commercial, has been recommended to take over as the next Chairperson of the steel major

SAIL share price gains on 50% jump in July sales

The company said its total sales grew by about 50 percent on year to 15.83 lakh tonnes during July 2020. The company had registered sale of 10.59 LT steel during the same month last year, it said.

SAIL's July sales up 50% to 15.83 lakh tonnes

The company had registered sale of 10.59 LT steel during the same month last year, Steel Authority of India Ltd (SAIL) said in a statement.

Deploy buy on dips strategy as Nifty could consolidate; Resistance at 10,980-11,100

The strategy should be to buy on declines as technically the stock-specific formations are clearly indicating that the market is heading higher to hit the level of 11100/11200.

SAIL net profit rises multi-fold to Rs 2,647 crore in March quarter

Total expenses during the quarter fell to Rs 11,682.12 crore as compared with Rs 17,964.25 crore a year ago.