13 Oct 2025 | 3 Mins Read
Steel stock near ₹30 sees 20% promoter stake rise
Flipitmoney
Promoters of S.A.L. Steel Limited increased their stake to 70.98% through exclusive share allotment. The promoter action boosted their share by 20%. The move could impact market dynamics. Despite revenue growth, S.A.L. Steel Limited continues to report losses, with the company known for producing steel and ferro alloys.