Current price is less than the intrinsic value

Intrinsic Value

Stock has not been able to generate better return on equity than bank FD

ROE vs FD rates

Dividend Returns

Good time to consider, as stock is not in overbought zone

Entry Point

Stock not in ASM/GSM lists and not a lot of promoter holding is pledged

No Red Flags

SAIL, or Steel Authority of India, is a large-cap company with a market valuation of ₹28,087 crore that is involved in the iron and steel industry.

This Maharatna stock fixes record date for stock split: Check details here

The brokerage has Reduce rating on JSW Steel and Steel Authority of India (SAIL)

Why this newly listed metal stock is Edelweiss’ only ‘Buy’ in the sector

The exhibition will see participation of 75 central government companies, such as Coal India, GAIL (India), NTPC, Steel Authority of India Ltd and Indian Oil Corporation Ltd, among others.

FM Sitharaman to inaugurate exhibition on contribution of CPSEs in Gujarat

Steel Authority of India Ltd is quoting at Rs 76.9, up 1.25% on the day as on 12:44 IST on the NSE. The stock is down 36.92% in last one year as compared to a 6.46% jump in NIFTY and a 2.08% jump in the Nifty Media.

Steel Authority of India Ltd up for fifth session

ICICI Direct recommended hold rating on Steel Authority of India with a target price of Rs 80 in its research report dated May 25, 2022.

Hold Steel Authority of India; target of Rs 80: ICICI Direct

Sharekhan recommended Hold rating on Steel Authority of India with a target price of Rs 80 in its research report dated May 24, 2022.

Hold Steel Authority of India: target of Rs 80: Sharekhan

Stock market today: Shares of Tata Steel, Steel Authority of India Limited (SAIL) and JSW Steel have hit lower circuit in early morning deals

Tata Steel, SAIL, JSW Steel shares hit lower circuit. Details here

Steel Authority of India Ltd has supplied 4,300 tonnes of special steel for India’s indigenous navy warships INS Udaygiri’ and INS Surat’, an official said.

SAIL supplied 4,300 tn special steel for indigenous navy warships: Official

Steel Authority of India Ltd is quoting at Rs 85.7, down 2.5% on the day as on 13:19 IST on the NSE. The stock tumbled 38.96% in last one year as compared to a 9.98% rally in NIFTY and a 5.53% spurt in the Nifty Metal index.

Steel Authority of India Ltd drops for fifth straight session

According to ICICI Direct’s MF Activity report, Vedanta, Indus Towers, Hindustan Zinc, Steel Authority of India and Godrej Consumer Products were the top five large cap stock buys across mutual fund AMCs in March 2022

Vedanta and Indus Towers among top large cap buys of mutual fund AMCs in March 2022

Steel Authority of India (SAIL) Ltd., incorporated in the year 1973, is a Large Cap company (having a market cap of Rs 45642.30 Crore) operating in Metals - Ferrous sector.

Buy Steel Authority of India, target price Rs 117: IIFL

Steel Authority of India Limited is engaged in the manufacturing of flat products, such as hot rolled coils, HR plates, cold rolled coils, pipes and electric sheets, long products, such as thermo mechanically treated bars and wire rods.

Steel Authority of India Ltd

Steel Authority of India Ltd

Intrinsic Value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry Point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

This Maharatna stock fixes record date for stock split: Check details here

Why this newly listed metal stock is Edelweiss’ only ‘Buy’ in the sector

FM Sitharaman to inaugurate exhibition on contribution of CPSEs in Gujarat

Steel Authority of India Ltd up for fifth session

Hold Steel Authority of India; target of Rs 80: ICICI Direct

Hold Steel Authority of India: target of Rs 80: Sharekhan

Tata Steel, SAIL, JSW Steel shares hit lower circuit. Details here

Steel Authority of India Ltd

Intrinsic ValueIntrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD ratesFixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend ReturnsA dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry PointHigh demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

This Maharatna stock fixes record date for stock split: Check details here

Why this newly listed metal stock is Edelweiss’ only ‘Buy’ in the sector

FM Sitharaman to inaugurate exhibition on contribution of CPSEs in Gujarat

Steel Authority of India Ltd up for fifth session

Hold Steel Authority of India; target of Rs 80: ICICI Direct

Hold Steel Authority of India: target of Rs 80: Sharekhan

Tata Steel, SAIL, JSW Steel shares hit lower circuit. Details here

Intrinsic Value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry Point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock