SAIL

SAIL has sought detailed findings from the CCI after the regulator indicated suspicion of cartelisation among major steelmakers, prompting the PSU to initiate legal steps

Q3FY26 company results: Firms including Power Grid Corporation of India, Bajaj Auto, Bank of Baroda, Procter & Gamble Hygiene and Health Care are also to release their October-December earnings today

Steel companies are expected to deliver a robust 8-10% volume CAGR over FY25-28E, driven by strong domestic demand and capex, with safeguard duties supporting profitability, believe analysts.

CCI has sought financial statements to calculate penalties

The CCI probe into the steel industry began in 2021 after builders alleged nine firms colluded to restrict steel supply and hike prices in a criminal case

Officials said the initiative has reduced the conventional procurement lead time from six to eight months to just two months

Nuvama Institutional Equities has downgraded the Steel Authority of India (SAIL) to 'Reduce', flagging concerns around excess flat steel supply in India and weak steel margins

State-owned steel maker SAIL on Saturday said it recorded a 14 per cent year-on-year growth in sales at 12.7 million tonnes (MT) in April-November 2025, amid "price pressures and demand volatility". The Steel Authority of India Ltd (SAIL), a leading integrated player in the steel sector, had posted sales of 11.1 MT in the corresponding period last year. The company said, "This resilient performance was possible due to a strong sales strategy...despite many challenges including global price pressures and demand volatility arising from various global trade policy uncertainties and geopolitical tensions." During the eight-month period, the company said retail sales were also strong. It was at 0.97 MT, up 13 per cent from 0.86 MT in April-November 2024, supported by ongoing nationwide brand promotion campaigns. In November alone, overall sales rose 27 per cent year-on-year, while retail sales surged by 69 per cent y-o-y. SAIL, under the Ministry of Steel, owns and operates five integr

Till 10:38 AM; a combined 90.32 million equity shares representing 2.2 per cent of total equity of SAIL changed hands on the NSE and BSE.

Steel Authority's biggest competitive advantage remains its fully integrated raw material base, unlike private steelmakers such as Tata Steel or Jindal Steel and Power

Stocks to buy for Diwali 2025: Bajaj Finance, Adani Power, Swiggy, SAIL, MRPL among 10 stocks that can rally up to 44% as per charts in Samvat 2082; here's a detailed outlook.

Technical charts suggests that steel stocks are favourably placed on the charts, and could see a multi-month rally with a potential upside up to 24 per cent from here.

Can the safeguard duty on steel be more than a safety net, and is it enough when other countries are also stepping up to protect their interests?

State-owned SAIL on Tuesday said it has supplied around 8,000 tonnes of critical-grade steel for the Indian Navy's advanced frontline frigates, INS Udaygiri and INS Himgiri, which were launched by Defence Minister Rajnath Singh. Singh commissioned the two multi-mission stealth frigates at the Eastern Naval Command of the Indian Navy at Visakhapatnam in Andhra Pradesh. Udaygiri and Himagiri come from the Indian Navy's latest state-of-the-art Project 17 A and the commissioning marks the first occasion when two frontline surface combatants constructed at two different shipyards were commissioned simultaneously. In a statement, SAIL said, "It continues a crucial partnership with the nation's defence sector by supplying approximately 8,000 tonnes of critical-grade steel for the Indian Navy's advanced frontline frigates, INS Udaygiri and INS Himgiri." The company supplied material from its steel plants in Bokaro, Bhilai, and Rourkela. By developing and providing critical-grade steel for

The MRD dispatched the highest-ever 75 trips of unprocessed LD slag, totalling 2,345.30 tonne in a single day. The earlier record was of 72 trips and 2,267.50 tonne, achieved on August 16

The Bhilai Steel Plant is the exclusive supplier of rails to the Indian Railways, and the URM was set up to produce high-quality rails in this capacity

Stock Market Highlights on Monday, July 28, 2025: Barring Nifty FMCG and Pharma, all other sectoral indices on the NSE settled in the red, with the Nifty Realty index being the top laggard

The increase in profit was also aided by a sizeable exceptional item booking of ₹311.76 crore in the year-ago quarter

Q1 FY26 company results, July 25: Bajaj Finserv, Shriram Finance, Reliance Infrastructure, Orient Cement, and ACME Solar will also release their April-June quarter earnings reports today

The initiative will be executed in collaboration with the Krishi Vigyan Kendra (KVK), Narayanpur.