SAIL Share Price Performance

SAIL Company Information and Brief History 

Steel Authority of India Limited (SAIL) is a government-owned steel producing 'Maharatna' company in India. It is one of the largest public sector undertakings in the country. It is considered to be the world's 24th largest steel producer in the world. SAIL has multiple joint ventures with various companies around the world. The Indian government owns about 75% of the company's equity and thus retains voting control of SAIL. 

Hindustan Steel Limited (HSL) was founded in 1954. Bokaro Steel Limited was established a decade later in 1964. These two companies, in collaboration with a few more companies, had been running all the steel production in the country, managed by the Ministry of Steel and Mines. According to the suggestion of the Ministry, a single company was created as a holding company to manage the inputs and outputs of each of these steel plants under one umbrella. Steel Authority of India Limited was thus incorporated in 1973 with an authorized capital of Rs.2000 crore, which was to manage 5 integrated steel plants across India. As reported in March 2018, this company has a market capitalization of over Rs.30,000 crore. 

SAIL Stock history

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Wealth and Performance

Quarter 1 of FY 2018-2019The financial year 2017–2018

The quarter ending 31 March 2018 indicated the following:

The quarter ending December 2017 indicated the following: