Steel Authority of India (SAIL) Ltd. News and Updates

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Steel Authority of India (SAIL) Ltd.

28 Jan 2025

115.30

1.18%

Govt unveils Rs 20,000 cr plan to hike SAIL's Bokaro plant capacity

Business Standard

Union Minister H D Kumaraswamy on Monday unveiled a Rs 20,000-crore expansion plan for domestic steel giant SAIL's Bokaro Steel Plant (BSL), which will augment its capacity to 7.55 million tonnes per annum (MTPA). The Bokaro Steel Plant, established in 1965, with the first blast furnace operation in 1972, initially had a capacity of 1.7 MTPA. "Union Minister of Steel and Heavy Industries H D Kumaraswamy visited Bokaro Steel Plant where he unveiled an ambitious expansion plan to increase production capacity. With an investment of Rs 20,000 crore, the brownfield expansion aims to increase hot metal production from the current 5.25 MTPA to 7.55 MTPA, thereby strengthening India's momentum towards Aatmanirbhar Bharat in the steel sector," SAIL said in a statement. Apart from increasing production , the expansion plan will create 2,500 permanent jobs and 10,000 indirect jobs, it said. "The plant is now set for a massive overhaul with a new 4,500 cubic metre blast furnace, a thin slab ..

Steel Authority of I.. has an average target of 118.00 from 6 brokers.

Steel Authority of India (SAIL) Ltd.

23 Jan 2025

115.30

1.18%

Union Minister Srinivasa Varma Says SAIL Won't Merge With Debt-Laden Vizag Steel Plant

NDTV Profit

B Srinivasa Varma said that the Steel Authority of India had rejected the idea of merging an indebted entity into itself.

Steel Authority of India (SAIL) Ltd. is trading below its 150 day SMA of 118.6

Steel Authority of India (SAIL) Ltd.

16 Jan 2025

115.30

1.18%

SAIL Supplies 4,000 Tonnes Of Special Steel For INS Nilgiri

NDTV Profit

Steel Authority of India Ltd. has supplied the entire 4,000 tonnes of special steel for INS Nilgiri. The special steel provided by SAIL includes DMR 249A grade hot-rolled sheets and plates, according to an official statement.

Axis Direct upgraded Steel Authority of India (SAIL) Ltd. to Buy with a price target of 130.0 on 19 Mar, 2025.

SAIL supplies 4,000 tonnes special steel for Navy's warship INS Nilgiri

Business Standard | 16 Jan 2025

Steel Authority of India (SAIL) Ltd.

15 Jan 2025

115.30

1.18%

Steel Authority Of India Share Price Live blog for 15 Jan 2025

livemint

Steel Authority Of India Share Price Today Live Updates : Steel Authority Of India stock price went up today, 15 Jan 2025, by 5.95 %. The stock closed at 100 per share. The stock is currently trading at 105.95 per share. Investors should monitor Steel Authority Of India stock price closely in the coming days and weeks to see how it reacts to the news.

Steel Authority of India (SAIL) Ltd. is trading above its 100 day SMA of 112.4

Steel Authority of India (SAIL) Ltd.

14 Jan 2025

115.30

1.18%

Steel Authority Of India Share Price Live blog for 14 Jan 2025

livemint

Steel Authority Of India Share Price Today Live Updates : Steel Authority Of India stock price went down today, 14 Jan 2025, by -5.66 %. The stock closed at 106 per share. The stock is currently trading at 100 per share. Investors should monitor Steel Authority Of India stock price closely in the coming days and weeks to see how it reacts to the news.

Axis Direct upgraded Steel Authority of India (SAIL) Ltd. to Buy with a price target of 130.0 on 19 Mar, 2025.

Steel Authority of India (SAIL) Ltd.

13 Jan 2025

115.30

1.18%

Steel Authority Of India Share Price Live blog for 13 Jan 2025

livemint

Steel Authority Of India Share Price Today Live Updates : Steel Authority Of India stock price went down today, 13 Jan 2025, by -2.08 %. The stock closed at 108.25 per share. The stock is currently trading at 106 per share. Investors should monitor Steel Authority Of India stock price closely in the coming days and weeks to see how it reacts to the news.

Steel Authority of India (SAIL) Ltd. is trading above its 100 day SMA of 112.4

Steel Authority of India (SAIL) Ltd.

10 Jan 2025

115.30

1.18%

Steel Authority Of India Share Price Live blog for 10 Jan 2025

livemint

Steel Authority Of India Share Price Today Live Updates : Steel Authority Of India stock price went down today, 10 Jan 2025, by -1.32 %. The stock closed at 109.7 per share. The stock is currently trading at 108.25 per share. Investors should monitor Steel Authority Of India stock price closely in the coming days and weeks to see how it reacts to the news.

Axis Direct upgraded Steel Authority of India (SAIL) Ltd. to Buy with a price target of 130.0 on 19 Mar, 2025.

Steel Authority of India (SAIL) Ltd.

09 Jan 2025

115.30

1.18%

SAIL supplies 45,000 tonnes of steel for upcoming Maha Kumbh Mela

Business Standard

SAIL, country's largest steel maker, on Thursday said it has supplied approximately 45,000 tonnes of steel for the upcoming Mahakumbh Mela which is one of the biggest religious congregations in the world. Prayagraj in Uttar Pradesh will host the Maha Kumbh Mela from January 13 to February 25. The total quantity of steel supplied includes chequered plates, hot strip mill plates, mild steel plates, angles and joists, the state-owned firm said in a statement. Steel Authority of India Ltd (SAIL) had also supplied steel during the Mahakumbh Mela of 2013. The steel supplied by SAIL will play an important role in supporting the construction of various temporary structures essential for the smooth conduct of the Mahakumbh Mela. These include pontoon bridges, passages, temporary steel bridges, substations and flyovers, the statement said. Major customers for this steel supply, include the Public Works Department, Uttar Pradesh State Bridges Corporation, Electricity Board and their...

Axis Direct upgraded Steel Authority of India (SAIL) Ltd. to Buy with a price target of 130.0 on 19 Mar, 2025.

SAIL Supplies 45,000 Tonnes Of Steel For Upcoming Mahakumbh Mela In Prayagraj

NDTV Profit | 09 Jan 2025

Steel Authority of India (SAIL) Ltd.

09 Jan 2025

115.30

1.18%

Steel Authority Of India Share Price Live blog for 09 Jan 2025

livemint

Steel Authority Of India Share Price Today Live Updates : Steel Authority Of India stock price went down today, 09 Jan 2025, by -1.61 %. The stock closed at 111.5 per share. The stock is currently trading at 109.7 per share. Investors should monitor Steel Authority Of India stock price closely in the coming days and weeks to see how it reacts to the news.

Axis Direct upgraded Steel Authority of India (SAIL) Ltd. to Buy with a price target of 130.0 on 19 Mar, 2025.

Steel Authority of India (SAIL) Ltd.

08 Jan 2025

115.30

1.18%

Steel Authority Of India Share Price Live blog for 08 Jan 2025

livemint

Steel Authority Of India Share Price Today Live Updates : Steel Authority Of India stock price went up today, 08 Jan 2025, by 1.09 %. The stock closed at 110.3 per share. The stock is currently trading at 111.5 per share. Investors should monitor Steel Authority Of India stock price closely in the coming days and weeks to see how it reacts to the news.