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Steel Authority of India Ltd (SAIL.NS)

SAIL.NS on National Stock Exchange of India

57.80INR
1:43am EDT
Change (% chg)

Rs-0.65 (-1.11%)
Prev Close
Rs58.45
Open
Rs58.50
Day's High
Rs58.50
Day's Low
Rs57.20
Volume
2,319,814
Avg. Vol
6,832,841
52-wk High
Rs68.60
52-wk Low
Rs40.70

Latest Key Developments (Source: Significant Developments)

India plans share sales in 7 state-run cos including IOC, NTPC, SAIL
Monday, 17 Apr 2017 02:29am EDT 

April 17 (Reuters) - ** India plans to sell 10 pct stake in Steel Authority via offer for sale - govt document:** India plans to sell 5 pct stake in REC via offer for sale - govt document.** India plans to sell 10 pct stake in NTPC via offer for sale - govt document.** India plans to sell 3 pct stake in Indian Oil via offer for sale - govt document.** India plans to sell 10 pct stake in NHPC via offer for sale - govt document.** India plans to sell 10 pct stake in Power Finance via offer for sale - govt document.** India plans to sell 15 pct stake in NLC via offer for sale - govt document.  Full Article

SAIL says Feb steel exports of 1.03 lakh tonnes
Wednesday, 1 Mar 2017 06:11am EST 

Steel Authority of India Ltd : SAIL records best ever export monthly volume in ten years . Says a total of 1.03 lakh tonnes of steel was exported in Feb . Says company aims at exporting 10% of its total production and at doubling volumes for next fiscal in FY 17-18 . During the current financial year 2016-17 SAIL has already exported 6.82 lakh tonnes . Says aims to consolidate its presence not only in south east asian market but also in Europe . Plans to soon diversify its exports basket with cold rolled and galvanized products from new cold rolling mill at Bokaro.  Full Article

BHEL gets order worth 16 bln rupees for thermal power project in Odisha
Monday, 16 May 2016 03:00am EDT 

Bharat Heavy Electricals Ltd : BHEL bags INR 16 billion order for setting up thermal power project in Odisha . BHEL - the order for stage-III of the brownfield power project has been placed on bhel by NTPC-SAIL power company private limited .  Full Article

Steel Authority of India Ltd change in chairman & managing director
Thursday, 11 Jun 2015 05:04am EDT 

Steel Authority of India Ltd:Says consequent upon completion of his tenure and in pursuance to Ministry of Steel Order dated June 10, Shri C. S. Verma hasRelinquished charge of Chairman & Managing Director (CMD) of Steel Authority of India Limited (SAIL) w.e.f. June 10.Further, Ministry of Steel vide its Order dated June 10 has also conveyed that additional charge of post of CMD, SAIL has been entrusted to Shri Rakesh Singh for period of three months or till appointment of a regular incumbent to post or until further orders, whichever is earlier.Shri Rakesh Singh, Secretary, Ministry of Steel, Government of India has assumed the additional charge of the post of CMD, SAIL w.e.f. June 11.  Full Article

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ArcelorMittal agrees on concessions to seal delayed $897 million India joint venture

NEW DELHI ArcelorMittal, the world's largest steel producer, said on Wednesday it has agreed to make concessions to Steel Authority of India to seal a delayed $897 million automotive joint venture.