Steel Authority of India Ltd

Steel-Authority-of-India-Ltd06 Dec 2024
Steel
+1.42 (+1.16%)
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To Invest in Steel Authority of India Ltd
Steel Authority of India Ltd
Steel
Steel-Authority-of-India-Ltd06 Dec 2024
+1.42 (+1.16%)
OverviewFundamentals
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1M
6M
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Steel Authority of India Ltd - Share Price & Details

Traded Volume
Market Cap(Cr)
Avg Traded Price
1 Year return
24.70%
Upper Circuit
Lower Circuit
P/E TTM
18.13
P/B Ratio
0.94
Traded Value(Cr)
0.01
EPS TTM
6.83
Book value
Dividend
1.61%

Invest in Steel Authority of India Ltd at ZERO Brokerage for 30 days

Price Performance

5.79 %
1 Wk
0.00 %
1 M
-4.24 %
3 M
24.70 %
1 Y
-0.65 %
YTD

Traded Volume Movement

Technical Details

Support 3
120
Support 2
121
Support 1
123
Pivot Point :
124
Resistance 1
126
Resistance 2
127
Resistance 3
129

Reports

Peer Comparison

Scrip NamePriceDaily ChangeM.Cap (Cr)1 Year Returns %P/E (TTM)PB Ratio
Steel Authority of India Ltd
₹123.89(+1.42/1.16%)
123.89+1.4251,173.0824.7018.130.94
Vaswani Industries Ltd
₹50.47(+0.23/0.46%)
50.47+0.23151.41112.5114.411.24
Pennar Industries Ltd
₹220.79(+2.82/1.29%)
220.79+2.822,979.4885.2340.013.59
Bedmutha Industries Ltd
₹202.02(-0.32/-0.16%)
202.02-0.32651.7938.7519.004.54
Shah Metacorp Ltd
₹4.29(-0.08/-1.83%)
4.29-0.08241.2434.0635.831.55
APL Apollo Tubes Ltd
₹1,575.90(+7.55/0.48%)
1,575.90+7.5543,735.10-1.30169.1814.59

About Steel Authority of India Ltd

Steel Authority of India Ltd is in the Steel sector, having a market capitalization of Rs. 51156.56 crores. It has reported a sales of Rs. 24674.7 crores and a net profit of Rs. 833.52 crores for the quarter ended December 2018. The company management includes Amarendu Prakash, M B Balakrishnan,Anirban Dasgupta,Sukriti Likhi,Atanu Bhowmick,Amarendu Prakash,Brijendra Pratap Singh.,Abhijit Narendra,ANIL KUMAR TULSIANI,Ashok Kumar Tripathy,Kanhaiya Sarda,Sagi Kasi Viswanatha Raju,Gopal Singh Bhati,Arvind Kumar Singh,Vijendla SriniVaSa ChakraVarthy,Krishna Kumar Singh,K.Jayaprasad,Birendra Kumar Tiwari (Steel Authority of India Ltd) among others.
Chairman
Amarendu Prakash
Registered office
Ispat Bhawan,Lodi Road,New Delhi,New Delhi,110003
FAX :91-11-24367015
Background
Incorporation Year1973
Face Value₹10
Market Lot1

Latest News

Can Nifty reclaim 24,700, Bank Nifty hold above 53,500 amid consolidation

Both Nifty 50 and Bank Nifty recorded minor profit booking amid volatility on December 6, after rising for five consecutive days. This resulted in small bearish candlestick patterns on the daily charts. The momentum remains strong, but considering the recent healthy rally, the Nifty 50 may see some range-bound trade, with immediate support at 24,500, followed by 24,350 as the key support level.
08 Dec 2024 | 06:12 PM

M-cap of 6 of top 10 most valued firms jumps Rs 2 lakh crore

The market valuation of India's top 10 firms surged Rs 2,03,116.81 crore last week, led by Tata Consultancy Services and HDFC Bank, as the BSE benchmark jumped 1,906.33 points and NSE Nifty climbed 546.7 points. The biggest gainers included Reliance Industries, Infosys, State Bank of India, and ICICI Bank, while Bharti Airtel, LIC, ITC, and Hindustan Unilever were the laggards.
08 Dec 2024 | 12:02 PM

These 3 stocks will likely head north in the coming week- Sudeep Shah

Sensex has found support near its 200-day EMA level and witnessed a sharp rally, surging over 6% in just 12 sessions. Along with this, it has surged above its short and long-term MAs. Sudeep Shah, Head, Technical & Derivatives Research (Equity), at SBI Securities, believes that 💰BSE, 💰PB Fintech, and 💰Paytm stocks are likely to continue their northward trek over the next few trading sessions.
08 Dec 2024 | 04:56 PM

M-cap of 6 of top 10 most valued firms jumps Rs 2 lakh crore

The market valuation of India's top 10 firms surged Rs 2,03,116.81 crore last week, led by Tata Consultancy Services and HDFC Bank, as the BSE benchmark jumped 1,906.33 points and NSE Nifty climbed 546.7 points. The biggest gainers included Reliance Industries, Infosys, State Bank of India, and ICICI Bank, while Bharti Airtel, LIC, ITC, and Hindustan Unilever were the laggards.
08 Dec 2024 | 12:02 PM

Stocks to buy or sell: Dharmesh Shah of ICICI Securities recommends!

For Nifty, the weekly price action formed a strong bull candle carrying higher high-low formation, indicating acceleration of up move. Stocks recommended to buy tomorrow by Dharmesh Shah-
📌Buy State Bank of India (SBI) in the range of 830-863 for the target of 950 with a stop loss of 787.
📌Buy Nalco in the range of 242-248 for the target of 266 with a stop loss of 235.
08 Dec 2024 | 06:34 PM

How to buy Steel Authority of India Ltd shares on nse?

To buy Steel Authority of India Ltd shares in Motilal Oswal, you just need to open a demat account and get your KYC documents verified

What is the Steel Authority of India Ltd share price today?

The Steel Authority of India Ltd shares price on nse is Rs.123.89 today.

What is the market cap of Steel Authority of India Ltd shares on NSE ?

The company has a market capitalization of Rs.51173.08Cr

What is the PE & PB ratio of Steel Authority of India Ltd shares ?

PE is 18.13 and PB is 0.94

What is the 52 Week High and Low of Steel Authority of India Ltd shares?

Steel Authority of India Ltd stock price high: Rs.175.35 Steel Authority of India Ltd stock price low: Rs.96.3

How has the SAIL share price performed in the past year?

The well known metal stock, the Steel Authority of India, or SAIL, has not been performing too well in the past year. Due to a lull in the overall steel markets last year, this stock has seen quite a few dips rather than highs. However, as the international steel market has peaked, analysts expect the share price to rise. Additionally, the growing infrastructure demand should take the price up. 

 Does SAIL pay dividends to its shareholders?

SAIL does pay dividends to its shareholders regularly. Dividends have been paid since 2005, both final and interim with fairly good consistency. 

 What is the dividend yield of SAIL?

The dividend yield of SAIL is 10.8% (March 2022). 

How does SAIL compare to its competitors in terms of share price?

The competitors of SAIL are JSW Steel, Tata Steel, Hindalco, Jindal Steel and others. The share price of SAIL is low relative to that of its competitors, with price in the two-digit category, and competitors’ prices in the three-digit category.

What is the company's outlook for future growth and profitability?

The future outlook for SAIL looks considerably bright as the company aims to increase its profitability with strategies for higher output and streamlining of production. The stock of SAIL may be bearish now, but hopes that it will turn to the bullish side are positive. The company has seen some profit, but it may not be substantial enough to take its forecast up a notch yet. Still, with a lot of government initiatives backing the company, SAIL may just about sail through a rough patch. 

What is the company's debt-to-equity ratio?

The company’s debt-to-equity ratio is 0.26 (March 2022). 

 

What is the company's revenue and net income?

The company’s revenue is at Rs. 104,515 crores and net income is at Rs. 463.54 crore. 

What is the company's history of share price performance?

The share price of SAIL has been going through small ups and downs in the last five years. Since 2018, when the stock was somewhere around Rs. 75, to 2021, when it rose to 141 or thereabouts, the stock has declined in the last few years. This is not a sharp decline, but a gradual one, but analysts hope to see the stock at higher levels in the course of this year (2023).