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Business Standard

Dividend, Bonus, Split: SAIL, Mazagon Dock, 56 others turn ex-date tomorrow

Shares of SAIL, Hindustan Copper, Mazagon Dock Shipbuilders, and 53 others will remain in focus during today's trading session as they will turn ex-dividend date tomorrow

The Economic Times

SAIL among 54 stocks to trade ex-dividend tomorrow. Last chance to buy

This means today will be the last day to buy the shares of these companies in order to be able to qualify for the dividends announced by them.

Mint

Buy or sell: Vaishali Parekh recommends three stocks to buy today — September 13

Buy or sell stocks: Vaishali Parekh has recommended three stocks to buy today — SAIL, IOC, and Container Corporation of India

Business Line

Tech Query: What is the outlook for Steel Authority of India Ltd (SAIL), L&T Finance and Allcargo Gati?

We zoom in on the prospects of Steel Authority of India Ltd (SAIL), as also the prospects of two other stocks — L&T Finance and Allcargo Gati

Business Line

SAIL plans doubling of capacity at Mozambique coal mines

The expansion of its captive mines in Africa is part of the strategy to ramp up coking coal supplies

Business Standard

SAIL willing to participate in Critical Mineral Mission: Chairman Amarendu

SAIL, the country's largest steel player, is willing to participate in the Critical Mineral Mission, which aims to secure the country's critical mineral supply chain by ensuring mineral availability from domestic and foreign sources, the company's Chairman Amarendu Prakash said on Thursday. The Union Budget 2024-25 had proposed launching a Critical Mineral Mission for domestic production, recycling of critical minerals, and overseas acquisition of critical mineral assets. "FM Nirmala Sitharaman announced the Critical Mineral Mission. In that mission a lot of things will be discussed, all possibilities will be discussed. So we will be watching this and seeing what opportunities are there. "As the Critical Mineral Mission expands and things get discussed, we will be watching and seeing if there are opportunities for exploring something on SAIL's part," the Chairman told reporters on the sidelines of ISA Steel Conclave. The Critical Mineral Mission aims to secure the country's critica

The Economic Times

SAIL willing to participate in Critical Mineral Mission: Chairman Amarendu Prakash

SAIL, India's largest steel producer, is open to participating in the Critical Mineral Mission aimed at securing the country's mineral supply chain. The mission, announced in the Union Budget 2024-25, focuses on domestic production, recycling, and overseas acquisition of critical minerals like cobalt and lithium.

The Economic Times

FOMO overriding fundamentals? What makes India’s top shipbuilder sail despite downside calls

Recently, ICICI Securities gave a 77% downside call on Mazagon Dock Shipbuilders citing expensive valuation. Nirmal Bang also downgraded defence stocks in a report last month because of their super-rich valuations. Still, why do investors believe that there are immense growth opportunities for companies in the defence sector?

Business Standard

Coal India issues statement on order of SC in Mineral Area Development Authority vs SAIL

"Today the Hon'ble Supreme court has pronounced its order in the case of Mineral Area Development Authority vs SAIL (Civil Appeal 4056-64 of 1999) and CIL is going through the above order and based on the above, the Company will assess the probable financial impact thereof, which will be disclosed in due course of time

Business Line

SAIL relooking expansion plans amid falling steel prices and rising debt

The company plans to go ahead with a ₹37,000 crore expansion plan for IISCO where a 4 mtpa flat steel product plant will come up

Business Line

Broker’s call: SAIL (Sell)

Yes Securities

Business Standard

SAIL Q1 results: Net profit falls 61% to Rs 81.78 cr on frail demand

The state-owned firm's consolidated net profit fell more than 61 per cent to Rs 81.78 crore (around $10 million) for the quarter ended June 30

The Economic Times

Govt, steel companies to join hands for procuring coking coal abroad

The Indian government, in collaboration with the steel industry, aims to establish a unified "one nation, one buying coking-coal policy" to strengthen India's bargaining power over imported coking coal prices. Currently, individual steel manufacturers like SAIL and Jindal independently import coking coal, which limits their leverage with international miners. In FY23, India imported 56.04 million tonnes of coking coal worth ₹1.53 lakh crore, primarily from Australia and the US.

Business Line

Stocks that will see action today: July 12, 2024

Buzzing stocks: Utkarsha SFB, Aditya Birla Fashion, Affle India, Tata Elxsi, JSW, Sharika, Vodafone India, PNB, SAIL, Godrej group, Keystone, ixigo, Cyient, Oriental Rail, Nazara, Fischer, Adani Wilmar, Prakash Ind, Go First, LT Foods, Taneja Aerospace, Brigade, Bondada, GMDC

The Economic Times

Punjab National Bank signs pact with SAIL to offer loans

PNB and SAIL signed a concessional loan MoU on Thursday to improve SAIL employees' financial well-being and expand PNB's customer base. Attendees included PNB's Sudhir Dalal from Business Acquisition and Relationship Management Division, Bibhu Prasad Mahapatra, Sunil Agrawal, Mohit Dhawan, and SAIL's Lavika Jain, Bikram Uppal, Praveen Nigam, and BS Popli, according to a statement.

The Economic Times

India to get coking coal from Mongolia on trial basis in July

India is set to trial coking coal imports from Mongolia later this month, aiming to reduce its reliance on Australian supplies. Major steel producers like JSW Steel and SAIL will receive initial shipments, exploring alternative routes beyond Chinese ports. This strategic move addresses volatile supply issues and diversifies sources amid geopolitical tensions with China.

The Economic Times

SAIL to invest Rs 6,500 Cr towards capex in FY25: CMD Amarendu Prakash

Steel Authority of India Ltd (SAIL) plans to invest ₹6,500 crore this fiscal year as part of its ₹1 lakh crore capex over the next few years, said CMD Amarendu Prakash. Speaking at an Indian Steel Association event, Prakash addressed concerns over Chinese steel dumping and urged government action to mitigate this issue.

The Economic Times

SAIL rolls out work flexibility to net talent; to add 1,000 at entry level people in FY25

Steel Authority of India Limited (SAIL) is introducing work flexibility and agility for over 55,000 employees, with plans to hire over 1000 entry-level workers in FY25. The aim is to attract Gen Zs, retain talent, and increase productivity. SAIL introduced the 'Work from Other Than Workplace' policy in May 2024, which has already been used for learning and developmental activities.

The Economic Times

F&O stocks: PVR INOX, Indiamart Intermesh among 5 stocks with long buildup

Bulls dominate PVR INOX, Indiamart Intermesh, GMR Infra, SAIL, and Dixon Technologies with fresh long positions. Price increases accompanied by open interest rises confirm long buildup signals. Additional checks aid trading decisions, including proximity to 52-week high and bullish crossovers.

The Economic Times

JK Cement, SAIL among 5 stocks with long unwinding

Selling of positions or stocks owned for a longer period either to book profit or to exit it in anticipation of impending bearishness is termed as long unwinding.

The Economic Times

F&O Ban: SAIL, GMR Airports among 6 stocks under trade ban on Tuesday

Any stock's F&O contracts enter the ban period when the open interest (OI) on it crosses 95% of the market-wide position limits or MWPL. The ban is lifted only if the open interest falls below 80%.