Current price is less than the intrinsic value

Intrinsic Value

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

Returns vs FD rates

Stock doesn't offer attractive dividend returns

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

Four people were arrested for allegedly trying to sell in the black market 1,390 kgs of iron bars stolen from the Steel Authority of India Limited (SAIL), police said on Wednesday. Acting on specific information regarding a bid to sell stolen SAIL iron bars, police teams conducted raids at a yard …

Jammu: 4 Arrested Fro Stealing SAIL Iron Bars

The minister made the remarks at a meeting with CMDs of Steel Authority of India Limited (SAIL), NMDC and Manganese Ore India Limited (MOIL)

Steel Minister directs PSUs to make non-operational mines functional

While coking coal cost is a headwind, cut in debt lends firm an edge; TP revised to Rs 170; ‘Buy’ maintained

Steel Authority of India rating – Buy: Q2 performance beat consensus estimates

Good cash flows are leading to significant debt reduction on the balance sheet of Steel Authority of India

Strong realizations, falling debt lift SAIL

Nath Bio-Genes (India) Ltd, Transport Corporation of India Ltd, Steel Authority of India Ltd and L G Balakrishnan & Bros Ltd are among the other gainers in the BSE’s ‘A’ group today, 01 November 2021.

Minda Corporation Ltd leads gainers in ‘A’ group

Steel Authority of India (SAIL) rose 12.26% to Rs 129.10 after the company’s consolidated net profit rose 11.33% to Rs 4338.75 crore on 29.96% rise in net sales to Rs 26828.01 crore in Q2 September 2021 over Q1 June 2021.

SAIL spurts after Q2 PAT jumps 11% QoQ

Steel Authority of India consolidated net profit rises 893.94% in the September 2021 quarter

These companies belong from sectors like oil & gas, cement, power, metal and pharma among others.

Important Results today: Dr Reddy’s, Cadila, Vedanta, BPCL, Shree Cement, SAIL among others

Shares of Steel Authority of India (SAIL) closed nearly 4% higher today after shareholding data show ace investor Rakesh Jhunjhunwala raised his stake in the PSU stock for the quarter ended September. The news of big bull adding the stock to his portfolio pushed it in the green after 5 days of conse…

This stock rises after five days as Rakesh Jhunjhunwala raises stake

Except for Welspun Corp, all other stocks listed on the index are trading higher.

Nifty Metal soars over 2% ahead of major earnings; APL Apollo jumps 7%; Hindustan Copper, Tata Steel, SAIL, JSPL shine too

IEX, Indiabulls Housing Finance, SAIL, and Escorts among stocks that continue to be under the F&O ban on NSE today

IEX, SAIL continue to be among stocks under NSE’s F&O ban list

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

Returns 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 return on equity 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

Jammu: 4 Arrested Fro Stealing SAIL Iron Bars

Steel Minister directs PSUs to make non-operational mines functional

Steel Authority of India rating – Buy: Q2 performance beat consensus estimates

Strong realizations, falling debt lift SAIL

Minda Corporation Ltd leads gainers in ‘A’ group

SAIL spurts after Q2 PAT jumps 11% QoQ

Steel Authority of India consolidated net profit rises 893.94% in the September 2021 quarter

Important Results today: Dr Reddy’s, Cadila, Vedanta, BPCL, Shree Cement, SAIL among others

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

Returns vs FD ratesFixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's return on equity 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

Jammu: 4 Arrested Fro Stealing SAIL Iron Bars

Steel Minister directs PSUs to make non-operational mines functional

Steel Authority of India rating – Buy: Q2 performance beat consensus estimates

Strong realizations, falling debt lift SAIL

Minda Corporation Ltd leads gainers in ‘A’ group

SAIL spurts after Q2 PAT jumps 11% QoQ

Steel Authority of India consolidated net profit rises 893.94% in the September 2021 quarter

Important Results today: Dr Reddy’s, Cadila, Vedanta, BPCL, Shree Cement, SAIL among others

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

Returns 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 return on equity 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