Steel Authority of India Ltd (SAIL) on Tuesday regained market capitalisation (m-cap) of Rs 50,000 crore, after its stock climbed over 80 per cent in the past one and half month, on expectations of strong earnings in March quarter (Q4FY21) and a healthy outlook going forward.
The state-owned steel major also entered into the league of top 100 most valued companies in terms of market capitalisation. At 10:19 am, SAIL stood at 78th position in the overall m-cap ranking with a market cap of Rs 55,529 crore, BSE data shows.
In the intra-day today, the stock hit an
The state-owned steel major also entered into the league of top 100 most valued companies in terms of market capitalisation. At 10:19 am, SAIL stood at 78th position in the overall m-cap ranking with a market cap of Rs 55,529 crore, BSE data shows.
In the intra-day today, the stock hit an