SAIL share price has plunged 5% and is presently trading at Rs 65.
Meanwhile, the BSE METAL Index is at 12,085 (down 1.4%).
Among the top losers in the BSE METAL Index today is SAIL (down 5.1%).
VEDANTA (up 0.1%) is among the top gainer today.
Over the last one year, SAIL has moved up from Rs 51 to Rs 65, registering a gain of Rs 15 (up 28.7%)..
The BSE METAL has moved up from 10,520 to 12,085, registering a gain of 1,565 points (up 14.9%) during the last 12 months.
The top buzzing stocks among the BSE METAL Index stocks during this same period were JINDAL STEEL & POWER (up 62.0%), JSW STEEL (up 42.6%) and TATA STEEL (up 34.8%).
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The BSE Sensex is at 49,677 (down 0.5%). The top gainers among the BSE Sensex stocks today are BAJAJ AUTO (up 7.4%). The most traded stocks in the BSE Sensex are BAJAJ AUTO and SUN PHARMA.
In the meantime, NSE Nifty is at 14,620 (down 0.4%). BAJAJ AUTO (up 7.4%) is among the top gainers in NSE Nifty.
Over the last 12 months, the BSE Sensex has moved up from 41,529 to 49,677, registering a gain of 8,148 points (up 18.92%).
SAIL net profit declined 191.6% YoY to Rs 4 billion for the quarter ended September 2020, compared to a loss of Rs 4 billion a year ago. Net Sales rose 2.3% to Rs 169.2 billion during the period as against Rs 165.4 billion in July-September 2019.
For the year ended March 2020, SAIL reported 7.3% increase in net profit to Rs 27.0 billion compared to net profit of Rs 25.2 billion during FY19.
Revenue of the company grew 7.9% to Rs 617 billion during FY20.
The current Price to earnings ratio of SAIL, based on rolling 12 month earnings, stands at 18.0x. p >
What else is happening in the markets today? Dig in...
Indian share markets ended their day on a flat note yesterday. At the closing bell yesterday, the BSE Sensex stood higher by 35 points (up 0.1%).
Indian share markets end on a flat note with the Sensex ending up by 35 points and the Nifty ending up by 18 points.
BSE Sensex is trading up by 214 points, while the NSE Nifty is trading up by 76 points.
Indian share markets open higher. The BSE Sensex opened up by 363 points, while the Nifty is trading higher by 112 points.
Trends on SGX Nifty indicate a positive opening for Indian stock markets.
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