Buy SAIL, target Rs 54: Siddharth Bhamre
Buy SAIL with a target of Rs 54 and a stop loss of Rs 4405-07-2016
05-07-2016
Change in Composition of SAIL Board
Steel Authority of India Ltd has informed BSE that consequent upon attaining the age of superannuation, Shri S. S. Mohanty has ceased to be a Director of the Company w.e.f. June 30, 2016 (A/N).Further, the Company has also informed that on nomination by the Government of India and approval of the Board of Directors of the Company (SAIL), Shri Raman, Executive Director, SAIL has joined as Director (Technical), on the Board of Directors of SAIL with effect from July 01, 2016.01-07-2016
India to equal world per capita steel consumption in 10 years: SAIL
A sustained government spending on infrastructure like roads, railways, power and housing will propel India into the league of top global steel consuming nations...19-06-2016
SAIL urges government to review trade pacts with Japan, Korea
Data also shows that steel imports accounted for 14 per cent of the country's total consumption, which rose 4.3 per cent in the last fiscal.16-06-2016
Announces Audited Consolidated Financial Results for the Financial Year ended March 31, 2016
Steel Authority of India Ltd has announced the following Audited Consolidated results for the Year ended March 31, 2016 :The Group has posted a net loss after taxes, minority interest and share of loss of associates of Rs. (42967.50) million for the year ended March 31, 2016 as compared to net profit of Rs. 20353.20 million for the year ended March 31, 2015. Total Income has decreased from Rs. 470837.90 million for the year ended March 31,...11-06-2016
Buy SAIL, target Rs 46.60: Gaurav Ratnaparki
SAIL is a high beta stock (2.16) and is trading well above its 50-day and 100-day moving averages placed at Rs 43 and Rs 41.57, but below the 200-day moving average of Rs 45.7209-06-2016
ArcelorMittal-SAIL automotive steel JV stuck in negotiations'
The proposed Rs 5,000-crore joint venture between ArcelorMittal and SAIL, agreed on by the firms more than a year ago for producing automotive steel in India, is yet to make any headway with both the parties still stuck at the negotiation02-06-2016
Buy SAIL, target Rs 46: Kunal Bothra
Kunal Bothra, Head - Advisory at LKP Securities is positive on SAIL. The expert has advised traders to buy the stock with a target of Rs 46 and maintain a stop loss at Rs 41 in intraday trade. The stock has hit a high of Rs 43.10 and low of Rs 42.15 in trade so far. The stock is seeing resistance around its 50-day moving average of Rs 43.13. It faces its 200-day moving average at Rs 46.20. The stock is trading at a price to book value of 0.39 times.01-06-2016
Compliance under Reg. 52(4) of SEBI (LODR) Regulations 2015
Steel Authority of India Ltd has informed BSE about the details as required under regulation 52(4) of SEBI (LODR) Regulations 2015 for the quarter and year ended March 31, 2016.31-05-2016