SAIL moves up as its Rourkela Steel plant crosses 92 MT of crude steel production
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Steel Authority of India is currently trading at Rs. 72.50, up by 2.20 points or 3.13% from its previous closing of Rs. 70.30 on the BSE.
The scrip opened at Rs. 71.20 and has touched a high and low of Rs. 72.80 and Rs. 67.65 respectively. So far 3294499 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 81.50 on 02-Mar-2021 and a 52 week low of Rs. 20.15 on 30-Mar-2020.
Last one week high and low of the scrip stood at Rs. 74.70 and Rs. 67.30 respectively. The current market cap of the company is Rs. 29285.42 crore.
The promoters holding in the company stood at 75.00%, while Institutions and Non-Institutions held 17.07% and 7.86% respectively.
Steel Authority of India’s (SAIL) Rourkela Steel Plant (RSP) has set a record by producing 92 million tones (MT) of crude steel production on March 2021. Since the very beginning, RSP under the Steel Authority of India has functioned with a three-pronged strategy - strengthening the nation with the might of steel, supporting the economy and steering progress in the entire region.
SAIL is India’s largest steel producing company. The company is among the five Maharatnas of the country’s Central Public Sector Enterprises. The company has five integrated steel plants, three special plants, and one subsidiary in different parts of the country.
