Weak volumes and low realization drag down earnings

Company
11 Nov 2024
5 Min read 
  • Alok Deora and Sonu Upadhyay estimate a change in CMP and TP for SAIL.
  •  SAIL's financials and valuation show a decline in sales and EBITDA.
  •  Weak volumes and low realization drag down earnings for SAIL.
  •  Management commentary highlights plans to increase indigenous coking coal share.
  •  SAIL plans to undertake multiple expansions to increase installed capacity.
  •  The stock is fully priced at current levels, reiterating a Neutral rating.
Login / Open Demat Account to read the report

Never Miss Out on Hot Market Updates

Get exclusive market news delivered to your inbox - on priority

Click here to see your activities