IIT Madras will develop an Extended Reality (XR) - that encapsulates technologies like Augmented Reality (AR), Virtual Reality (VR) and Mixed Reality (MR) - Centre for Steel Authority of India Limited (SAIL).

IIT Madras to develop ‘Extended Reality’ centre for Steel Authority of India

Steel Authority of India Ltd (SAIL) – the largest state-run PSU steel maker – is witnessing a delay in ongoing projects worth ₹2,400 crore across its Bhilai, Rourkela, and Bokaro steel plants, even as the steel-maker is trying to renew lapsed lease licences of 13 non-commercial mines.

Nearly ₹2,400 crore of capex projects of SAIL delayed

SAIL Interim Dividend: Maharatna PSU stock Steel Authority of India Ltd (SAIL) has declared an interim dividend

SAIL Declares 10% Interim Dividend Per Share; Check Record Date and Other Key Details

With a dividend yield of 11.2 per cent, the oil marketing company emerged as the first choice of Religare Broking among the top PSU majors. It was followed by the Steel Authority of India (SAIL), REC, NMDC, PTC India, National Aluminium Company (NALCO), Power Finance Corporation (PFC), Coal India, O…

High dividend-paying stocks: Religare Broking picks these 10 PSU shares for solid returns

Sharekhan recommended Hold rating on Steel Authority of India with a target price of Rs 95 in its research report dated February 16, 2023.

Hold Steel Authority of India; target of Rs 95: Sharekhan

Steel Authority of India (SAIL) fell 1.14% to Rs 82.35 after the iron & steel maker’s standalone net profit slumped 67.9% to Rs 463.54 crore in Q3 FY23 as compared to Rs 1,443.10 crore in Q3 FY22.

SAIL slides as Q3 net profit tumbles 68% YoY

Steel Authority of India Ltd has lost 1.88% over last one month compared to 3.16% fall in S&P BSE Metal index and 0.72% rise in the SENSEX

Steel Authority of India Ltd Surges 1.66%

The other Indians to feature on the list are HCLTech Chairperson Roshni Nadar Malhotra (rank: 53), Securities And Exchange Board Of India (SEBI) Chairperson Madhabi Puri Buch (rank: 54), and Steel Authority Of India Chairperson Soma Mondal (rank: 67).

Nirmala Sitharaman, 5 other Indian women included in Forbes’ world’s 100 most powerful women 2022 list - Details Inside

ICICI Direct recommended hold rating on Steel Authority of India with a target price of Rs 90 in its research report dated November 13, 2022.

Hold Steel Authority of India; target of Rs 90: ICICI Direct

Steel Authority of India Ltd is quoting at Rs 86.75, up 3.15% on the day as on 12:44 IST on the NSE. The stock is down 30.41% in last one year as compared to a 0.26% jump in NIFTY and a 10.68% jump in the Nifty Media.

Steel Authority of India Ltd gains for fifth session

Steel Authority of India and the Airport Authority of India signed an Operation and Management agreement to start commercial flights from Rourkela

SAIL signs agreement with AAI for facilitating start flights from Rourkela

Hasn't faired well - amongst the low performers

Performance

Seems to be overvalued vs the market average

Valuation

Financials growth has been moderate for a few years

Growth

Showing good signs of profitability & efficiency

Profitability

The stock is underpriced and is not in the overbought zone

Current price is less than the intrinsic value

Fundamentals

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

Technicals

Entry point

Promoter pledged holding

Unsolicited messages

Default probability

Red flags

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