Sell Steel Authority of India Ltd. target Rs 52: Manas Jaiswal
Sell Steel Authority of India (SAIL) Ltd. at a price target of Rs 52.0 and a stop loss at Rs 59.5 from entry point
Updated:
Manas Jaiswal of manasjaiswal.com has a sell call on Steel Authority of India (SAIL) Ltd. with a target price of Rs 52.0 .The current market price of Steel Authority of India (SAIL) Ltd. is Rs 57.05 Time period given by analyst is Intra Day when Steel Authority of India (SAIL) Ltd. price can reach defined target. Manas Jaiswal recommended to keep stop loss at Rs 59.5 .
Steel Authority of India (SAIL) Ltd., incorporated in the year 1973, is a Large Cap company (having a market cap of ₹ 23564.65 Cr.) operating in Iron and Steel sector.
Steel Authority of India (SAIL) Ltd. key Products/Revenue Segments include Saleable Steel which contributed ₹ 40922.55 Cr to Sales Value (93.19 % of Total Sales), Others which contributed ₹ 1242.24 Cr to Sales Value (2.82 % of Total Sales), Pig iron which contributed ₹ 1115.10 Cr to Sales Value (2.53 % of Total Sales), Other Operating Revenue which contributed ₹ 371.47 Cr to Sales Value (0.84 % of Total Sales), Sundries which contributed ₹ 167.17 Cr to Sales Value (0.38 % of Total Sales), Middlings/Rejects which contributed ₹ 52.98 Cr to Sales Value (0.12 % of Total Sales), Service Charges which contributed ₹ 33.90 Cr to Sales Value (0.07 % of Total Sales), Ingots Steel which contributed ₹ 4.12 Cr to Sales Value (0.00 % of Total Sales)for the year ending 31-Mar-2016.
For the quarter ended 31-12-2016, the company has reported a Standalone sales of ₹ 11168.73 Cr., up .81% from last quarter Sales of ₹ 11079.29 Cr. and up 26.84% from last year same quarter Sales of ₹ 8805.44 Cr. Company has reported net profit after tax of ₹ -794.84 Cr. in latest quarter. The company’s CEO is Mr.P K Singh. It's Board of Directors include Mr.P K Singh, Mr.Raman, Mr.Saraswati Prasad, Mr.Sunil Barthwal, Ms.Anshu Vaish, Ms.Soma Mondal, Prof.Ashok Gupta, Dr.A N Das, Mr.A K Gupta, Mr.A K Mathur, Mr.A K Paul, Mr.A K Rath, Mr.A Maitra, Mr.Anutosh Maitra, Mr.Ashwini Kumar, Mr.M C Jain, Mr.M Ravi, Mr.N Ramchandran, Mr.P K Mishra, Mr.R K Rathi, Mr.R K Sinha, Mr.Sudhir Kumar, Mr.V S Hegde, CA.Parmod Bindal, Dr.N Mohapatra, Dr.Samar Singh, Mr.Anil Kumar Chaudhary, Mr.G Vishwakarma, Mr.Kalyan Maity, Mr.M C Jain, Mr.Nilanjan Sanyal, Mr.P K Dash. Company has its registered office at Ispat Bhawan,, Lodi Road, New Delhi, 110003, Delhi. Company has Singhi & Co. as its auditors. As on 31-03-2017, the company has a total of 4,130,525,289 shares outstanding.
Steel Authority of India (SAIL) Ltd., incorporated in the year 1973, is a Large Cap company (having a market cap of ₹ 23564.65 Cr.) operating in Iron and Steel sector.
Steel Authority of India (SAIL) Ltd. key Products/Revenue Segments include Saleable Steel which contributed ₹ 40922.55 Cr to Sales Value (93.19 % of Total Sales), Others which contributed ₹ 1242.24 Cr to Sales Value (2.82 % of Total Sales), Pig iron which contributed ₹ 1115.10 Cr to Sales Value (2.53 % of Total Sales), Other Operating Revenue which contributed ₹ 371.47 Cr to Sales Value (0.84 % of Total Sales), Sundries which contributed ₹ 167.17 Cr to Sales Value (0.38 % of Total Sales), Middlings/Rejects which contributed ₹ 52.98 Cr to Sales Value (0.12 % of Total Sales), Service Charges which contributed ₹ 33.90 Cr to Sales Value (0.07 % of Total Sales), Ingots Steel which contributed ₹ 4.12 Cr to Sales Value (0.00 % of Total Sales)for the year ending 31-Mar-2016.
For the quarter ended 31-12-2016, the company has reported a Standalone sales of ₹ 11168.73 Cr., up .81% from last quarter Sales of ₹ 11079.29 Cr. and up 26.84% from last year same quarter Sales of ₹ 8805.44 Cr. Company has reported net profit after tax of ₹ -794.84 Cr. in latest quarter. The company’s CEO is Mr.P K Singh. It's Board of Directors include Mr.P K Singh, Mr.Raman, Mr.Saraswati Prasad, Mr.Sunil Barthwal, Ms.Anshu Vaish, Ms.Soma Mondal, Prof.Ashok Gupta, Dr.A N Das, Mr.A K Gupta, Mr.A K Mathur, Mr.A K Paul, Mr.A K Rath, Mr.A Maitra, Mr.Anutosh Maitra, Mr.Ashwini Kumar, Mr.M C Jain, Mr.M Ravi, Mr.N Ramchandran, Mr.P K Mishra, Mr.R K Rathi, Mr.R K Sinha, Mr.Sudhir Kumar, Mr.V S Hegde, CA.Parmod Bindal, Dr.N Mohapatra, Dr.Samar Singh, Mr.Anil Kumar Chaudhary, Mr.G Vishwakarma, Mr.Kalyan Maity, Mr.M C Jain, Mr.Nilanjan Sanyal, Mr.P K Dash. Company has its registered office at Ispat Bhawan,, Lodi Road, New Delhi, 110003, Delhi. Company has Singhi & Co. as its auditors. As on 31-03-2017, the company has a total of 4,130,525,289 shares outstanding.
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