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SAIL posts Rs 834 crore net profit for July-September quarter Public sector steel giant SAIL on Thursday reported a standalone net profit of Rs 834 crore for the July-Sept quarter of the current financial year which represents a 32.7 per cent decline over the corresponding figure of Rs 1,241 crore during the same quarter of 2023-24.  The company’s revenue was adversely impacted by the flood of cheap Chinese imports which led to a decline in steel prices. SAIL revenue came down by 17 per cent to Rs 24,675 crore during the second quarter ...
SAIL posts Rs 834 crore net profit for July-September quarter
SAIL posts Rs 834 crore net profit for July-September quarter
Source: IANS
2024-11-08 10:23:40 am
SAIL inks pact with Administrative Staff College of India for special courses The Steel Authority of India Limited (SAIL) and Administrative Staff College of India (ASCI), Hyderabad on Monday signed an MoU for academic collaboration under which the steel giant's executives will attend specialised courses to upgrade their leadership skills.  "This MoU will facilitate the conduct of customised Management Development Programmes for the newly promoted executives of SAIL, among others. Collaboration with reputed institutions is part of the overall Learning ...
SAIL inks pact with Administrative Staff College of India for special courses
SAIL inks pact with Administrative Staff College of India for special courses
Source: IANS
2024-11-04 06:28:12 pm
SAIL, BHP join hands to boost steel decarbonisation in India The Steel Authority of India Limited (SAIL) on Monday announced a collaboration with leading global resources company BHP to accelerate steelmaking decarbonisation in the country.  SAIL, the largest government-owned steel producer in India, said the move is an important step for them in promoting lower carbon steelmaking technology pathways for the blast furnace (BF) route in the country. Amarendu Prakash, Chairman of SAIL, said the emergent need to align the steel sector with clim...
SAIL, BHP join hands to boost steel decarbonisation in India
SAIL, BHP join hands to boost steel decarbonisation in India
Source: IANS
2024-10-07 03:11:04 pm
Possible to revive Vizag Steel Plant, PM will take decision: Kumaraswamy Ruling out the privatisation of the Visakhapatnam Steel Plant, Union Heavy Industries and Steel Minister H.D. Kumaraswamy on Thursday said that there is a possibility of reviving the plant and a final decision would be taken by Prime Minister Narendra Modi.  He told media persons after a visit to the plant that there is a possibility of reviving the public sector undertaking. "Who told you we are going to privatise? Why did I come here? There is no question of privatisation. B...
Possible to revive Vizag Steel Plant, PM will take decision: Kumaraswamy
Possible to revive Vizag Steel Plant, PM will take decision: Kumaraswamy
Source: IANS
2024-07-11 05:28:31 pm
SAIL records highest ever revenue of Rs 105,375 crore in 2023-24  Government-owned Steel Authority of India Limited (SAIL) has recorded its highest-ever revenue from operations at Rs 105,375 crore during the financial year 2023-24. The company had recorded a revenue of Rs 104,447 crore in 2022-23, according to a company statement. “During FY 2023-24, the company has achieved its best-ever performance in production and sales. The crude steel production and sales volume have registered a growth of 5.2 per cent and 5.1 per cent respectively duri...
SAIL records highest ever revenue of Rs 105,375 crore in 2023-24
SAIL records highest ever revenue of Rs 105,375 crore in 2023-24
Source: IANS
2024-05-21 12:11:46 pm
India`s SAIL keenly watching Chinese steel imports post US tariff hikes, says chairman Steel Authority of India is keenly watching Chinese imports after the United States raised tariffs on shipments from Beijing, its chairman Amarendu Prakash said on Friday. U.S. President Joe Biden earlier this week unveiled steep tariff increases on an array of Chinese imports, including steel, leading Indian mills to fear that shipments from the top alloy producer will surge as other economies turn away. The Indian steel industry is already battling a glut of cheaper Chinese steel, wit...
India`s SAIL keenly watching Chinese steel imports post US tariff hikes, says chairman
India`s SAIL keenly watching Chinese steel imports post US tariff hikes, says chairman
Source: Reuters
2024-05-17 03:52:21 pm
Stock Picks : Adani Enterprise Ltd And SAIL Ltd By ICICI Direct Adani Enterprise Ltd  Buy Tata Power Ltd @3074-3077; Target 3108.00; Stop Loss 3059.00   Steel Authority of India Ltd Buy Tata Power Ltd @121-121.50; Target 122.90; Stop Loss 120.50         Please refer disclaimer at https://secure.icicidirect.com/Content/StaticData/Disclaimer.html SEBI Registration number INZ000183631
Stock Picks : Adani Enterprise Ltd And SAIL Ltd By ICICI Direct
Stock Picks : Adani Enterprise Ltd And SAIL Ltd By ICICI Direct
Source: ICICI Direct
2024-01-30 11:40:04 am