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SAIL readying 1,00,000 cr capex plans

To ramp up capacity to 35 mtpa by FY32
30-05-2023

Hold Steel Authority of India; target of Rs 90: Sharekhan

Sharekhan recommended hold rating on Steel Authority of India with a target price of Rs 90 in its research report dated May 26, 2023.
30-05-2023
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STEEL AUTHORITY OF INDIA LTD. - 500113 - Compliances-Reg.24(A)-Annual Secretarial Compliance

Secretarial Compliance Report for the year 2022-23
29-05-2023
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STEEL AUTHORITY OF INDIA LTD. - 500113 - Announcement under Regulation 30 (LODR)-Newspaper Publication

Extract of Newspaper Publication of Audited Financial Results for the Quarter/ Year ended 31st March, 2023
29-05-2023

Neutral SAIL; target of Rs 80: Motilal Oswal

Motilal Oswal recommended Neutral rating on SAIL with a target price of Rs 80 in its research report dated May 26, 2023.
29-05-2023
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STEEL AUTHORITY OF INDIA LTD. - 500113 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome

Link to Audio Recording of conference call held with Analysts & Investors on 26th May, 2023
26-05-2023

SAIL net profit falls 50% YoY to Rs 1,159.21 cr in Jan-Mar quarter

State-owned SAIL has posted over 50 per cent fall in its consolidated net profit to Rs 1,159.21 crore for the quarter ended March 31, dragged down by lower income. It had clocked a net profit of Rs 2,478.82 crore during the January-March quarter of the preceding 2021-22 financial year (FY), the company said in a regulatory filing on Thursday. The company also reported a sharp fall in its total income to Rs 29,416.39 crore, from Rs 31,175.25 crore in the year-ago quarter. In a separate statement, SAIL said its crude steel production during the last quarter of FY23 was at 4.95 million tonnes (MT), higher from 4.60 MT a year ago. SAIL's sales were down at 4.68 MT, as against 4.71 MT in January-March FY22. The board of the company has also recommended Re 0.50 per share as final dividend for FY23. "Higher prices of coal and volatility of steel prices have impacted the margins of SAIL. In the current financial year, the company is taking strategic steps for improving the performance,"
26-05-2023
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STEEL AUTHORITY OF INDIA LTD. - 500113 - Board Meeting Outcome for Audited Financial Results For The Quarter/Year Ended 31St March, 2023 And Declaration Of Final Dividend For FY 2022-23

Audited Financial Results for the Quarter/Year ended 31st March, 2023 and Declaration of Final Dividend for FY 2022-23
25-05-2023
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