This morning, Sail share price rolled above 4 per cent. The stock opened at Rs. 53.10 as compared to its previous closing at Rs. 52. The stock touched the days high and low at Rs. 54.20 and Rs. 52.65. Till now, 55,25,969 shares are traded in the counter with a traded value of Rs. 2,960.81 lacs, as per NSE. The stock saw a spurt in volume by more than 1.30 times.
State-run Steel Authority of India Ltd (SAIL) has also been given the approval ‘in principle’ from the government to sell stakes in three units, the company’s statement read. The company will be selling stakes in the Bhadrawati, Salem and Durgapur steel plants through a two-stage auction process to strategic buyers, it further added.
SAIL was incorporated in the year 1973. It is a Large Cap company (having a market cap of Rs 21458.08 Cr.) and operates in the Iron and Steel sector.
The 52 week high of SAIL share price is observed at Rs. 54.70 on 8th Sept ’16 while the 52 week low is seen at Rs. 33.50 on 12thFeb ‘16 . The Average Daily Movement of the stock is 1.68 and its average volume for last 20 days is 6519741. The stock yields 4.10 per cent monthly returns. The market cap of the company amounts to Rs. 21478.73 (Cr)and has a book value of Rs. 96.67.
SAIL is analyzed by Dynamic Levels as the top 500 performing stocks for this quarter among the 1700 stocks which are listed on the NSE. SAIL is fundamentally strong and is safe for investment, as per Dynamic analysts.
In order to know about the support and resistance levels of the scrip and also its fundamentals and financials, please a pay a visit to SAIL share price history.
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