 "steel, exports")
Shares of state-owned Steel Authority of India (SAIL) have gained more than 50 per cent in the past one month. Bulk of the gains have come in the previous four trading sessions, with the stock skyrocketing 28 per cent from Rs 100 to Rs 128. While the entire metal pack has been on fire, SAIL has been the best-performing stock in recent weeks.
Analysts at Equirus believe the SAIL stock is “poised for a big leap” with key triggers being capacity expansion, more room for price increase and captive iron ore resources.
“SAIL is amidst its most aggressive expansion plan
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