Results▲ Bullish for SAIL
SAIL achieved record production in various product categories during H1
The brief
- SAIL reported record H1 production across product categories, including crude and finished steel
- Record output may support SAIL’s volumes, though steel prices and margins remain key
- Stocks to watch, October 5: IT stocks, HDFC Bank, SAIL, NMDC, Avenue Supermarts, RIL, financial stocks, DLF
- Sical Logistics bags ₹39 crore contract from SAIL for iron ore excavation, transportation
- Steel Ministry asks SAIL, NMDC to explore overseas mining assets
- SAIL airlifts 1-tonne Mongolian coking coal sample to test alternative supplies
- GIFT Nifty down 60 points; Gland Pharma, Tata Steel, Adroit, Elevate, SAIL among top stocks in focus
SAIL hits record 8.39 MT steel production in H1, September sales up 4%
Monday, 5 October
- SAIL achieved record production in various product categories during H1