SAIL share price has plunged 10% and is presently trading at Rs 92.
Meanwhile, the BSE METAL Index is at 15,869 (down 6.2%).
Among the top losers in the BSE METAL Index today is SAIL (down 10.4%).
Over the last one year, SAIL has moved up from Rs 25 to Rs 92, registering a gain of Rs 67 (up 262.2%)..
The BSE METAL has moved up from 5,863 to 15,869, registering a gain of 10,006 points (up 170.7%) during the last 12 months.
The top buzzing stocks among the BSE METAL Index stocks during this same period were JINDAL STEEL & POWER (up 356.5%), JSW STEEL (up 288.0%) and SAIL (up 232.3%).
Revealed: 3 Stocks for Potentially Massive Gains
The BSE Sensex is at 48,957 (down 3.8%).
In the meantime, NSE Nifty is at 14,652 (down 3.9%). DR. REDDYS LAB (up 2.4%) is among the top gainers in NSE Nifty.
Over the last 12 months, the BSE Sensex has moved up from 29,894 to 48,957, registering a gain of 19,063 points (up 59.60%).
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 11.1x.
What else is happening in the markets today? Dig in...
Indian share markets witnessed huge selling pressure today as fears that the government could go for stricter lockdowns.
Apr 12, 2021 12:30 pmBSE Sensex is trading down by 1,685 points, while the NSE Nifty is trading down by 508 points.
Apr 12, 2021 10:00 AMRAIN INDUSTRIES share price is trading down by 6% and its current market price is Rs 164. The BSE 500 is down by 2.6%. The top gainers in the BSE 500 Index are JUBILANT PHARMOVA (up 6.2%) and IPCA LABS (up 5.3%). The top losers are RAIN INDUSTRIES (down 5.8%) and BAJAJ FINANCE (down 5.1%).
Apr 12, 2021 09:30 amIndian share markets open deep in the red. The BSE Sensex opened down by 1,395 points, while the Nifty is trading lower by 431 points.
Apr 12, 2021 09:39 AMVOLTAS share price is trading down by 6% and its current market price is Rs 994. The BSE CONSUMER DURABLES is down by 4.0%. The top losers are VOLTAS (down 6.2%) and SYMPHONY (down 5.9%).
Apr 12, 2021 09:39 AMVA TECH WABAG share price is trading down by 7% and its current market price is Rs 254. The BSE CAPITAL GOODS is down by 3.7%. The top losers are VA TECH WABAG (down 6.9%) and HEG (down 7.8%).
View More Indian Share Market NewsIn this video, I'll tell you why I am recommending caution in the market at this time.
Mar 31, 2021A tiny chemical company, started in the Licence Raj era, is a great example of a new wealth creating opportunity.
Mar 31, 2021In this video I'll show you exactly how I go about picking stocks for trading.
Mar 30, 2021100 baggers of the last decade share this common trait. Here's how to use it to nail future multibaggers.
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!