SAIL.NS - Steel Authority of India Limited

NSE - NSE Real Time Price. Currency in INR
77.25
+1.25 (+1.64%)
At close: 3:29PM IST
Stock chart is not supported by your current browser
Previous Close76.00
Open76.60
Bid77.25 x 0
Ask0.00 x 0
Day's Range76.20 - 79.40
52 Week Range52.85 - 101.45
Volume12,158,611
Avg. Volume11,591,815
Market Cap318.878B
Beta2.02
PE Ratio (TTM)N/A
EPS (TTM)-0.68
Earnings DateN/A
Forward Dividend & YieldN/A (N/A)
Ex-Dividend Date2015-08-11
1y Target Est83.47
  • Exclusive: SAIL declines dividend to government, says has no cash - internal document
    Reuters20 days ago

    Exclusive: SAIL declines dividend to government, says has no cash - internal document

    State-owned Steel Authority of India Ltd (SAIL) has declined a government call for a dividend for the last financial year, saying it did not have "any cash and bank balance" and that its debt-to-income ratio was much higher than agreed with some lenders, showed an internal document reviewed by Reuters. SAIL's refusal could make it harder for the government to meet its budgeted target of raising 1.06 trillion rupees ($14.95 billion) from the dividends and profit of state-owned companies this fiscal year ending March. Last fiscal year, the government received 1.23 billion rupees, 13 percent below the then target.

  • Steel Authority of India misses profit estimates
    Reuters2 months ago

    Steel Authority of India misses profit estimates

    (Reuters) - Steel Authority of India Ltd missed analysts' estimates for quarterly profit on Friday, as it booked a one-time charge of 2.77 billion rupees ($40.38 million), including a provision for royalty ...

  • What Investors Should Know About Steel Authority of India Limited’s (NSE:SAIL) Financial Strength
    Simply Wall St.5 months ago

    What Investors Should Know About Steel Authority of India Limited’s (NSE:SAIL) Financial Strength

    Small and large cap stocks are widely popular for a variety of reasons, however, mid-cap companies such as Steel Authority of India Limited (NSEI:SAIL), with a market cap of ₹320.91B,Read More...

  • Is Steel Authority of India Limited (NSE:SAIL) An Industry Laggard Or Leader?
    Simply Wall St.5 months ago

    Is Steel Authority of India Limited (NSE:SAIL) An Industry Laggard Or Leader?

    Steel Authority of India Limited (NSEI:SAIL), a ₹329.17B mid-cap, is a metals and mining operating in an industry which can be affected by shifts in the housing market, as manyRead More...

  • Steel Authority of India misses target for rail supply in 2017/18 for third year
    Reuters5 months ago

    Steel Authority of India misses target for rail supply in 2017/18 for third year

    Steel Authority of India Ltd (SAIL), the country's largest state-owned alloy producer, failed to meet its target to supply rails for Indian Railways during the fiscal year for 2017/18, underscoring the problems of modernising the country's rail network. SAIL, which swung to profits in the October to December quarter after 10 straight quarterly losses, supplied 874,000 tonnes of steel in 2017/18, as against the revised target of 950,000 tonnes, according to a document the company prepared for Ministry of Steel that was reviewed by Reuters. The 2017/18 target was lowered from 1.46 million tonnes, the initial aim for the last fiscal year.

  • When Should You Buy Steel Authority of India Limited (NSE:SAIL)?
    Simply Wall St.6 months ago

    When Should You Buy Steel Authority of India Limited (NSE:SAIL)?

    Steel Authority of India Limited (NSEI:SAIL), a metals and mining company based in India, saw significant share price volatility over the past couple of months on the NSEI, rising toRead More...

  • Reuters6 months ago

    U.S. steel import curbs seen scuttling India's rising exports -minister

    India's ambition to become a major steel exporter could be disrupted by U.S. import curbs, Steel Minister Chaudhary Birender Singh said, underscoring the need for free trade. "Our exports have increased substantially, about 40 percent growth during January to December (2017)," Singh told Reuters in an interview on Tuesday. "What I foresee is that our exports are going to grow.

  • When Can We Expect A Profit From Steel Authority of India Limited (NSE:SAIL)?
    Simply Wall St.6 months ago

    When Can We Expect A Profit From Steel Authority of India Limited (NSE:SAIL)?

    Steel Authority of India Limited’s (NSEI:SAIL): Steel Authority of India Limited, a steel-making company, manufactures and sells iron and steel products in India and internationally. On 31 March 2017, theRead More...

  • Who Are The Top Investors In Steel Authority of India Limited (NSE:SAIL)?
    Simply Wall St.7 months ago

    Who Are The Top Investors In Steel Authority of India Limited (NSE:SAIL)?

    I am going to take a deep dive into Steel Authority of India Limited’s (NSEI:SAIL) most recent ownership structure, not a frequent subject of discussion among individual investors. The impactRead More...

  • Should You Be Content With Steel Authority of India Limited’s (NSE:SAIL) Earnings Growth?
    Simply Wall St.7 months ago

    Should You Be Content With Steel Authority of India Limited’s (NSE:SAIL) Earnings Growth?

    After reading Steel Authority of India Limited’s (NSEI:SAIL) most recent earnings announcement (31 March 2017), I found it useful to look back at how the company has performed in theRead More...

  • Is Steel Authority of India Limited’s (NSE:SAIL) Balance Sheet A Threat To Its Future?
    Simply Wall St.8 months ago

    Is Steel Authority of India Limited’s (NSE:SAIL) Balance Sheet A Threat To Its Future?

    Small-caps and large-caps are wildly popular among investors; however, mid-cap stocks, such as Steel Authority of India Limited (NSEI:SAIL) with a market-capitalization of ₹389.47B, rarely draw their attention. However, historyRead More...

  • What Does Steel Authority of India Limited’s (NSE:SAIL) Share Price Indicate?
    Simply Wall St.9 months ago

    What Does Steel Authority of India Limited’s (NSE:SAIL) Share Price Indicate?

    Steel Authority of India Limited (NSEI:SAIL), a metals and mining company based in India, led the NSEI gainers with a relatively large price hike in the past couple of weeks.Read More...

  • ArcelorMittal, SAIL Are Said to Sign India Steel Deal Soon
    Bloomberg9 months ago

    ArcelorMittal, SAIL Are Said to Sign India Steel Deal Soon

    State-run Steel Authority of India Ltd. has finalized terms for a 60 billion rupee ($929 million) plant with ArcelorMittal to cater to the automobile sector, a deal that’s been in the works for more than ...

  • ArcelorMittal's $1 billion India joint venture to get green light next week - sources
    Reuters9 months ago

    ArcelorMittal's $1 billion India joint venture to get green light next week - sources

    State-owned Steel Authority of India Ltd (SAIL) is set to approve a long-proposed $1 billion (£0.8 billion) joint venture with ArcelorMittal at its board meeting next week, three sources with direct knowledge of the matter told Reuters. The decision to approve the deal was reached after talks between ArcelorMittal's billionaire Chairman Lakshmi Mittal, India's Steel Secretary Aruna Sharma and SAIL Chairman P.K. Singh at a meeting last week in New Delhi.

  • Reuters9 months ago

    SAIL's mining plans in lush forest may be nixed - sources

    India's environmental authorities are likely to cancel a plan by a state steel company to dig for more iron ore from a massive reserve located in a lush green forest roamed by elephants, sources said, as the government aims to halt mining in the area. Steel Authority of India Ltd (SAIL) was banking on the mine in the country's east to supply a big chunk of its raw material needs for a multi-billion-dollar expansion of its steel production capacity. SAIL produces only around 800,000 tonnes a year from a section of the Chiria mine but was targeting to raise that to 7 million tonnes in the next few years, to lift its steel capacity nearly four times to 50 million tonnes by 2030/31.

  • Jindal Steel could win a slice of rail tender: sources
    Reuters10 months ago

    Jindal Steel could win a slice of rail tender: sources

    A clause in India's global tender for steel rails, part of a $130 billion overhaul of its railways, could help Jindal Steel and Power Ltd win up to 20 percent of the work, sources said. State-run Steel Authority of India Ltd (SAIL) has struggled to supply the steel, however, and is expected to deliver 920,000 tonnes of it this financial year, just 65 percent of its target. Global steelmakers such as ArcelorMittal and Thyssenkrupp could bid, as could Jindal Steel and Power, India's only private producer of the steel.

  • Steel Authority of India posts 10th straight quarterly loss
    Reuters10 months ago

    Steel Authority of India posts 10th straight quarterly loss

    (Reuters) - Steel Authority of India Ltd posted a narrower second-quarter loss on Thursday, the tenth straight loss in a row. Net loss came in at 5.39 billion rupees ($82.96 million) in the quarter ended ...

  • Reuters10 months ago

    Indian steel shortfall causes clash over Railways demand for rail imports

    India's steel and rail ministries are at loggerheads over the state-run network's proposal to buy much-needed rails from overseas, a move that would undermine Prime Minister Narendra Modi's drive to build key infrastructure in India. The Ministry of Railways, which manages the world's fourth-largest rail network, has grappled with a spate of accidents. Modi's government wants to overhaul the country's ageing tracks, but shortages of steel produced by state-run Steel Authority of India Ltd (SAIL) have slowed progress.

  • Asia's Oldest Railway Opens Door to Private Steelmakers
    Bloomberg11 months ago

    Asia's Oldest Railway Opens Door to Private Steelmakers

    Indian Railways has floated a global tender to procure rails, a move that may end the monopoly of state-run supplier Steel Authority of India Ltd. as Asia’s oldest network seeks to plug a supply shortfall....

  • Reuters11 months ago

    SAIL extends ties with POSCO for technical pact at eastern Indian plant

    NEW DELHI (Reuters) - Steel Authority of India Ltd, the country's top state-owned steel producer, on Sunday said it has deepened strategic technical ties with South Korean steelmaker POSCO for its plant ...