INSUBCONTINENT EXCLUSIVE:
Independent analyst Kunal Bothra has a buy call on Steel Authority of India (SAIL) Ltd
with a target price of Rs 46
The current market price of Steel Authority of India (SAIL) Ltd
is Rs 39.8 Time period given by analyst is Intra Day when Steel Authority of India (SAIL) Ltd
price can reach defined target
Kunal Bothra recommended to keep stoploss at Rs 36
Steel Authority of India (SAIL) Ltd., incorporated in 1973, has a market cap of Rs 16439.49 crore.
Steel Authority of India (SAIL) Ltd
key Products/Revenue Segments include Steel Products which contributed Rs 58214.78 Crore to Sales Value (98.73 % of Total Sales), Other
Operating Revenue which contributed Rs 641.54 Crore to Sales Value (1.08 % of Total Sales), Export Incentives which contributed Rs 82.48
Crore to Sales Value (0.13 % of Total Sales) and Service Charges which contributed Rs 23.56 Crore to Sales Value (0.03 % of Total Sales)for
the year ending 31-Mar-2018
For the quarter ended 30-09-2019, the company has reported a Consolidated sales of Rs 14128.96 Crore, down -4.67 % from last quarter Sales
of Rs 14820.89 Crore and down -15.56 % from last year same quarter Sales of Rs 16731.86 Crore Company has reported net profit after tax of
Rs -353.87 Crore in latest quarter
The company’s top management includes CA.K S Chauhan, CA.Parmod Bindal, Dr.G Vishwakarma, Dr.Samar Singh, Mr.Amit Sen, Mr.Anil Kumar
Chaudhary, Mr.Atul Srivastava, Mr.Harinand Rai, Mr.Krishan Kumar Gupta, Mr.Nidgurti Shankarappa, Mr.Nilanjan Sanyal, Mr.Puneet Kansal,
Mr.Saraswati Prasad, Mr.Vivek Gupta, Mrs.Anshu Vaish, Ms.Soma Mondal, Prof.Ashok Gupta, Prof.N K Taneja
Company has V K Dhingra - Co
As on 30-09-2019, the company has a total of 4,130,525,289 shares outstanding.