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  • SAIL share price gains after Citi upgrades stock to 'buy', raises target to Rs 50 Sep 17, 2020 10:45 AM IST

    SAIL share price gains after Citi upgrades stock to 'buy', raises target to Rs 50

    Citi is of the view that better realisations, improving demand and rising volumes augur well for the company and raised the target to Rs 50 per share.

  • Steel Authority of India: Better days ahead factored in the price run-up Sep 17, 2020 09:21 AM IST

    Steel Authority of India: Better days ahead factored in the price run-up

    SAIL: On the back of an increase in steel prices and higher volumes, September-quarter results are likely to be better

  • SAIL share price gains on 50% jump in July sales Aug 05, 2020 10:17 AM IST

    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.

  • Buy Steel Authority of India; target of Rs 43: Emkay Global Financial Jul 20, 2020 12:30 PM IST

    Buy Steel Authority of India; target of Rs 43: Emkay Global Financial

    Emkay Global Financial is bullish on Steel Authority of India has recommended buy rating on the stock with a target price of Rs 43 in its research report dated July 14, 2020.

  • Production at SAIL, Tata Steel plants down by 50%, amid lockdown: Sources Apr 07, 2020 02:10 PM IST

    Production at SAIL, Tata Steel plants down by 50%, amid lockdown: Sources

    State-owned Steel Authority of India Ltd (SAIL) and private player Tata Steel both contribute about 20 per cent to India's total steel production.

  • Coronavirus pandemic | Steel PSUs contribute over Rs 250 crore to PM-CARES Fund Apr 05, 2020 12:16 PM IST

    Coronavirus pandemic | Steel PSUs contribute over Rs 250 crore to PM-CARES Fund

    As per official data, miner NMDC has made the highest contribution among steel PSUs at Rs 155 crore.

  • SAIL reports Rs 343 cr loss in December quarter Feb 14, 2020 09:53 PM IST

    SAIL reports Rs 343 cr loss in December quarter

    The company had a net profit of Rs 638.79 crore during the same quarter a year ago, the state-run firm said in a BSE filing.

  • SAIL seeks Odisha, Jharkhand's permission to auction 70 MT fines Feb 09, 2020 03:43 PM IST

    SAIL seeks Odisha, Jharkhand's permission to auction 70 MT fines

    Depending upon the Fe content, the iron ore can fetch a price of USD 40-45 a tonne to USD 62 a tonne, an expert said.

  • SAIL extracts 43.67mn tonne of iron-ore in 2019 Jan 08, 2020 11:50 AM IST

    SAIL extracts 43.67mn tonne of iron-ore in 2019

    The eight iron-ore mines of SAIL located in the eastern region produced 43.67 million tonne of the key raw material in 2019.

  • SAIL Standalone June 2019 Net Sales at Rs 14,820.01 crore, down 6.83% Y-o-Y Aug 12, 2019 02:51 PM IST

    SAIL Standalone June 2019 Net Sales at Rs 14,820.01 crore, down 6.83% Y-o-Y

  • SAIL Standalone March 2019 Net Sales at Rs 18,506.29 crore, up 8.62% Y-o-Y May 31, 2019 03:09 PM IST

    SAIL Standalone March 2019 Net Sales at Rs 18,506.29 crore, up 8.62% Y-o-Y

  • Steel Authority of India Q4 PAT seen up 70.8% YoY to Rs. 748.2 cr: Prabhudas Lilladher Apr 12, 2019 10:17 AM IST

    Steel Authority of India Q4 PAT seen up 70.8% YoY to Rs. 748.2 cr: Prabhudas Lilladher

    Net Sales are expected to increase by 33.8 percent Y-o-Y (up 44 percent Q-o-Q) to Rs. 22,800 crore, according to Prabhudas Lilladher.

  • Govt shelves plan for strategic sale of SAIL's Durgapur Alloy Steels Plant Feb 14, 2019 09:00 PM IST

    Govt shelves plan for strategic sale of SAIL's Durgapur Alloy Steels Plant

    This was after the government's clearance for outright sale of state-owned SAIL's three special steel units -- Salem Steel Plant, Alloy Steels Plant and Visvesvaraya Iron and Steel Plant -- in 2017.

  • SAIL Standalone December 2018 Net Sales at Rs 15,835.79 crore, up 3.34% Y-o-Y Feb 08, 2019 11:03 AM IST

    SAIL Standalone December 2018 Net Sales at Rs 15,835.79 crore, up 3.34% Y-o-Y

  • Comment | Imports may cease to bother steel producers if iron ore continues its upward march Feb 08, 2019 09:46 AM IST

    Comment | Imports may cease to bother steel producers if iron ore continues its upward march

    Steel producers have asked for a hike in import duties, to protect the domestic industry. Help may be at hand. Iron ore prices have been rising sharply, due to Vale’s regulatory issues. Eventually, steel prices will too, giving steel producers relief.

  • SAIL Q3 profit surges 14-fold on record production Feb 07, 2019 08:13 PM IST

    SAIL Q3 profit surges 14-fold on record production

    Net profit came in at 6.16 billion rupees ($86.25 million) for the three months ended December 31, compared with a profit of 431.6 million rupees in the previous year, the country's second-biggest steel company by assets said.

  • Comment | Iron ore prices spike after Vale output cut, steel prices may be next Jan 30, 2019 03:21 PM IST

    Comment | Iron ore prices spike after Vale output cut, steel prices may be next

    Vale's move comes after disaster struck after one of Vale's tailing dams in Brazil burst, killing at least 65 people with hundreds still missing.

  • Anil Kumar Chaudhary appointed new SAIL chairman Sep 21, 2018 03:52 PM IST

    Anil Kumar Chaudhary appointed new SAIL chairman

    The post of SAIL chairman fell vacant on June 30 with the retirement of P K Singh.

  • Hold Steel Authority of India; target of Rs 86: Prabhudas Lilladher Aug 10, 2018 03:42 PM IST

    Hold Steel Authority of India; target of Rs 86: Prabhudas Lilladher

    Prabhudas Lilladher recommended hold rating on Steel Authority of India with a target price of Rs 86 in its research report dated August 07, 2018.

  • SAIL – improved outlook and a reasonable valuation Aug 07, 2018 09:45 PM IST

    SAIL – improved outlook and a reasonable valuation

    As against a loss of Rs 685 crore in June quarter last year the company posted a profit of Rs 540 crore in Q1FY19.

  • Buy, sell or hold: Top stock picks by Ashwani Gujral, Sudarshan Sukhani & Mitessh Thakkar May 24, 2018 12:27 PM IST

    Buy, sell or hold: Top stock picks by Ashwani Gujral, Sudarshan Sukhani & Mitessh Thakkar

    Sudarshan Sukhani of s2analytics.com recommends buying Mahindra & Mahindra with stop loss at Rs 820 and target of Rs 850, a buy in Mindtree with stop loss at Rs 1020 and target of Rs 1065 and a buy also in Godrej Consumer Products with stop loss at Rs 1090 and target at Rs 1135.

  • Sell Steel Authority of India, target Rs 63: Aditya Agarwal Apr 27, 2018 12:00 PM IST

    Sell Steel Authority of India, target Rs 63: Aditya Agarwal

    "We advice traders to sell this stock in a range of Rs 77 to Rs 78 with a price target of Rs 63. A stop loss should be placed above Rs 81.50," says Aditya Agarwal,Head Technical Research at Way2Wealth Brokers.

  • Nifty likely to face resistance around 10,630; 3 stocks which can return up to 17% Mar 05, 2018 07:43 AM IST

    Nifty likely to face resistance around 10,630; 3 stocks which can return up to 17%

    Nifty has formed two consecutive 'Doji' candlestick pattern on daily scale indicating indecisiveness at current level. It is hovering around 100 SMA of 10,440 levels. A congestion area has developed and the Nifty is seen oscillating in a capped range of 10380-10630 levels," says Rajesh Agarwal of AUM Capital.

  • Buy Vedanta, Steel Authority of India, Nahar Poly Films: Rajat Bose Jan 25, 2018 12:23 PM IST

    Buy Vedanta, Steel Authority of India, Nahar Poly Films: Rajat Bose

    Rajat Bose of rajatkbose.com recommends buying Vedanta, Steel Authority of India and Nahar Poly Films.

  • Sell Steel Authority of India, DCB Bank; buy Zensar Technologies: Ashwani Gujral Jan 18, 2018 02:15 PM IST

    Sell Steel Authority of India, DCB Bank; buy Zensar Technologies: Ashwani Gujral

    Ashwani Gujral of ashwanigujral.com is of the view that one can sell Steel Authority of India and DCB Bank and can buy Zensar Technologies.

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