131.95000 INR
2.5
1.93%
Last update Dec 12, 3:29 PM IST
Main market
Day range
130.64999
132.60001
Previous close
129.45000
Open
131.20000
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Steel Authority of India Limited
131.95
2.50
1.93%

Overview

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Description

Steel Authority of India Limited is a central public-sector enterprise that plays a crucial role in India's steel industry. As one of the largest steel-making companies in the country, it is engaged in the production of a wide array of steel products, including long and flat products like rails, plates, and coils. The company's operations extend to mining iron ore, making it vertically integrated from raw material extraction to finished goods. SAIL primarily serves the infrastructure, construction, automotive, and energy sectors, providing essential materials for building, transportation, and industrial expansion. With a nationwide presence, SAIL operates several integrated steel plants and specialized units across India, significantly contributing to the country's industrial capacity. Founded in 1973, SAIL is headquartered in New Delhi and remains a pivotal player in India's economic development, supporting industrialization and infrastructure projects with high-quality steel products. Its influence extends beyond borders, as SAIL also plays a part in India's export market, strengthening the country's position in the global steel industry.

About

CEO
Employees
53159
Address
Ispat Bhawan
Lodi Road
New Delhi, 110003
Phone
91 11 2436 7481
Website
Instrument type
Common stock
Sector
Basic Materials
Industry
Steel
Country
India
MIC code
XBOM
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