SAIL share price has zoomed 6% and is presently trading at Rs 71.
Meanwhile, the BSE METAL Index is at 13,637 (up 3.8%).
Among the top Gainers in the BSE METAL Index today are SAIL (up 5.7%) and TATA STEEL (up 6.7%).
Over the last one year, SAIL has moved up from Rs 42 to Rs 71, registering a gain of Rs 29 (up 70.3%).
On the other hand, the BSE METAL has moved up from 9,549 to 13,637, registering a gain of 4,088 points (up 42.4%) during the last 12 months.
The top buzzing stocks among the BSE METAL Index stocks during this same period were JINDAL STEEL & POWER (up 80.0%), HINDALCO (up 76.9%) and SAIL (up 70.3%).
WATCH Now: The Great Indian Wealth Project
The BSE Sensex is at 50,327 .
The top gainers among the BSE Sensex stocks today are TATA STEEL (up 6.7%), ONGC (up 5.3%) and INDUSIND BANK (up 2.7%). Other gainers include L&T (up 2.5%) and SBI (up 1.6%). The most traded stocks in the BSE Sensex are ONGC and SBI.
In the meantime, NSE Nifty is at 14,854 (up 0.2%). The top gainers in the NSE Nifty include TATA STEEL (up 7.4%), TATA MOTORS (up 6.5%) and ONGC (up 5.7%). Other gainers include HINDALCO (up 5.7%) and UPL (up 5.0%) are among the top gainers in NSE Nifty.
Over the last 12 months, the BSE Sensex has moved up from 41,323 to 50,327, registering a gain of 9,004 points (up 20.40%).
SAIL net profit declined 398.7% YoY to Rs 13 billion for the quarter ended December 2020, compared to a loss of Rs 4 billion a year ago. Net Sales rose 19.9% to Rs 198.3 billion during the period as against Rs 165.4 billion in October-December 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 9.3x.>
What else is happening in the markets today? Dig in...
After opening the day higher, Indian share markets witnessed volatility throughout the day and ended on a flat note.
Feb 23, 2021 03:34 PMGAYATRI PROJECTS share price is trading up by 7% and its current market price is Rs 42. The BSE REALTY is up by 3.0%. The top gainers in the BSE REALTY Index are GAYATRI PROJECTS (up 7.2%) and PRESTIGE ESTATES (up 5.9%). The top losers are SOBHA (down 0.1%) and OBEROI REALTY (down 0.7%).
Feb 23, 2021 03:34 PMTATA STEEL share price has hit a 52-week high. It is presently trading at Rs 737. BSE 500 Index is up by 0.5% at 19,652. Within the BSE 500, TATA STEEL (up 7.5%) and HINDUSTAN COPPER (up 20.0%) are among the top gainers, while top losers are SJVN and CENTRAL BANK.
Feb 23, 2021 03:34 PMSUDARSHAN CHEMICAL share price is trading up by 10% and its current market price is Rs 550. The BSE 500 is up by 0.5%. The top gainers in the BSE 500 Index are SUDARSHAN CHEMICAL (up 10.1%) and VA TECH WABAG (up 10.5%). The top losers are SHOPPERS STOP and TVS SRICHAKRA .
Feb 23, 2021 03:30 PMCARBORUNDUM UNIVERSAL share price is trading down by 5% and its current market price is Rs 510. The BSE CAPITAL GOODS is up by 2.2%. The top gainers in the BSE CAPITAL GOODS Index are LAKSHMI MACHINE (up 4.3%) and SIEMENS (up 3.6%). The top losers is CARBORUNDUM UNIVERSAL (down 5.2%).
Feb 23, 2021 03:28 PMCUMMINS INDIA share price is trading up by 5% and its current market price is Rs 808. The BSE CAPITAL GOODS is up by 2.2%. The top gainers in the BSE CAPITAL GOODS Index is CUMMINS INDIA (up 5.3%). The top losers are HONEYWELL AUTOMATION and SKF INDIA.
View More Indian Share Market NewsAn Indian company founded three decades ago in a garage caught my attention...
Feb 12, 2021This is first of the three part master series. In these editorials, I'll show you how to earn 10X returns from a penny stock portfolio over 10 years.
Feb 15, 2021In this video, I'll cover your queries on intraday trading and also share my view on how to decide stop losses and target prices.
Feb 16, 2021A look at what India's top equity mutual funds bought and sold in January 2021.
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!