INSIGHTS
Read Stock Insights by ET for a quick analysis
Motilal Oswal has neutral call on Steel Authority of India with a target price of Rs 81. The current market price of Steel Authority of India (SAIL) is Rs 74.3.
Steel Authority of India (SAIL) Ltd., incorporated in the year 1973, is a Large Cap company (having a market cap of Rs 31185.47 Crore) operating in Metals - Ferrous sector.
Financials
For the quarter ended 30-09-2020, the company reported a Consolidated sales of Rs 16925.49 Crore, up 86.66 % from last quarter Sales of Rs 9067.52 Crore and up 19.79 % from last year same quarter Sales of Rs 14128.96 Crore Company reported net profit after tax of Rs 362.62 Crore in latest quarter.
Promoter/FII Holdings
Promoters held 75 per cent stake in the company as of Sept 30, 2020, while FIIs held 3.2 per cent, DIIs 13.7 per cent and public and others 8.1 per cent.
Steel Authority of India (SAIL) Ltd., incorporated in the year 1973, is a Large Cap company (having a market cap of Rs 31185.47 Crore) operating in Metals - Ferrous sector.
Financials
For the quarter ended 30-09-2020, the company reported a Consolidated sales of Rs 16925.49 Crore, up 86.66 % from last quarter Sales of Rs 9067.52 Crore and up 19.79 % from last year same quarter Sales of Rs 14128.96 Crore Company reported net profit after tax of Rs 362.62 Crore in latest quarter.
Promoter/FII Holdings
Promoters held 75 per cent stake in the company as of Sept 30, 2020, while FIIs held 3.2 per cent, DIIs 13.7 per cent and public and others 8.1 per cent.
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