SAIL share price has zoomed 5% and is presently trading at Rs 59.
Meanwhile, the BSE METAL Index is at 11,233 (up 1.8%).
Among the top Gainers in the BSE METAL Index today is SAIL (up 5.2%).
Over the last one year, SAIL has moved up from Rs 39 to Rs 59, registering a gain of Rs 19 (up 48.9%).
On the other hand, the BSE METAL has moved up from 9,497 to 11,233, registering a gain of 1,736 points (up 18.2%) during the last 12 months.
The top buzzing stocks among the BSE METAL Index stocks during this same period were JINDAL STEEL & POWER (up 83.2%), TATA STEEL (up 53.2%) and SAIL (up 48.9%).
VIDEO OUT: Rahul Shah's FREE Automatic Income Masterclass
The BSE Sensex is at 46,310 (up 0.6%).
The top gainers among the BSE Sensex stocks today are ONGC (up 9.1%), NTPC (up 4.7%) and TATA STEEL (up 2.0%). Other gainers include ITC (up 1.7%) and INDUSIND BANK (up 1.3%). The most traded stocks in the BSE Sensex are ONGC and ITC.
In the meantime, NSE Nifty is at 13,579 (up 0.6%). The top gainers in the NSE Nifty include ONGC (up 8.7%), GAIL (up 6.1%) and NTPC (up 4.4%). Other gainers include IOC (up 3.5%) and COAL INDIA (up 3.4%) are among the top gainers in NSE Nifty.
Over the last 12 months, the BSE Sensex has moved up from 40,487 to 46,310, registering a gain of 5,823 points (up 14.22%).
SAIL net profit declined 734.3% YoY to Rs 27 billion for the quarter ended March 2020, compared to a loss of Rs 4 billion a year ago. Net Sales declined 2.2% to Rs 161.7 billion during the period as against Rs 165.4 billion in January-March 2019.
For the year ended March 2020, SAIL reported 7.3% increase in net profit to Rs 27.0 billion compared to net profit of Rs 25.2 billion during FY19.
Revenue of the company grew 7.9% to Rs 617 billion during FY20.
The current Price to earnings ratio of SAIL, based on rolling 12 month earnings, stands at 12.0x.>
What else is happening in the markets today? Dig in...
ECLERX SERVICES share price has hit a 52-week high. It is presently trading at Rs 832. BSE 500 Index is up by 0.5% at 17,814. Within the BSE 500, ECLERX SERVICES (up 4.0%) and TVS SRICHAKRA (up 9.8%) are among the top gainers, while top losers are CORPORATION BANK and YES BANK.
Dec 11, 2020 11:28 AMRAIL VIKAS NIGAM share price is trading up by 5% and its current market price is Rs 23. The BSE CAPITAL GOODS is up by 0.4%. The top gainers in the BSE CAPITAL GOODS Index are RAIL VIKAS NIGAM (up 5.3%) and KALPATARU POWER (up 7.0%). The top losers are BHARAT ELECTRONICS (down 0.1%) and SCHAEFFLER INDIA (down 0.5%).
Dec 11, 2020 11:16 AMSADBHAV ENGINEERING share price is trading up by 8% and its current market price is Rs 67. The BSE CAPITAL GOODS is up by 0.4%. The top gainers in the BSE CAPITAL GOODS Index are SADBHAV ENGINEERING (up 8.3%) and KALPATARU POWER (up 6.7%). The top losers are THERMAX and SCHAEFFLER INDIA (down 0.5%).
Dec 11, 2020 10:56 AMONGC share price is trading up by 10% and its current market price is Rs 101. The BSE OIL & GAS is up by 3.1%. The top gainers in the BSE OIL & GAS Index is ONGC (up 10.0%). The top losers is CASTROL INDIA (down 1.0%).
Dec 11, 2020 10:36 AMGAIL share price is trading up by 5% and its current market price is Rs 126. The BSE OIL & GAS is up by 2.9%. The top gainers in the BSE OIL & GAS Index are GAIL (up 5.0%) and OIL INDIA (up 8.8%). The top losers is CASTROL INDIA (down 0.8%).
Dec 11, 2020 09:30 amAsian stock markets are trading mixed as investors weighed prospects for a stimulus deal in Washington against disappointing US jobs data.
View More Indian Share Market NewsA great way to invest in defence tech startups without risking your money in unlisted companies or penny stocks.
Nov 30, 2020The assassination of Iran's top nuclear scientist could give us a great trading opportunity.
Dec 1, 2020Why the bulls will earn more profits.
Dec 3, 2020It's unfortunate it took event like Covid for people to realise their idea of a 'set' life, centered around their current job, is only as stable as a house of cards.
More
Comments are moderated by Equitymaster, in accordance with the Terms of Use, and may not appear
on this article until they have been reviewed and deemed appropriate for posting.
In the meantime, you may want to share this article with your friends!