SAIL Share Price Down by 5%; BSE METAL Index Down 1.4%
January 22, 2021 11:08 AM

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%).

What About the Benchmark Indices?

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 Financial Update...

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.