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SAIL moves up as its Bokaro Steel Plant develops special grade steel for first time

The achievement demonstrated its capability in developing advanced, value-added steels for the power, automotive, and renewable energy sectors

SAIL is currently trading at Rs. 138.40, up by 0.30 points or 0.22% from its previous closing of Rs. 138.10 on the BSE.

The scrip opened at Rs. 137.80 and has touched a high and low of Rs. 139.65 and Rs. 136.10 respectively. So far 357506 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 143.20 on 29-Oct-2025 and a 52 week low of Rs. 99.20 on 12-Feb-2025.

Last one week high and low of the scrip stood at Rs. 143.20 and Rs. 133.10 respectively. The current market cap of the company is Rs. 57228.43 crore.

The promoters holding in the company stood at 65.00%, while Institutions and Non-Institutions held 21.85% and 13.15% respectively.

Steel Authority of India’s (SAIL) Bokaro Steel Plant (BSL) has developed a special grade steel for the first time, claiming it to be a major step in expanding its portfolio of high-value products. The newly developed steel finds applications in electric motors, generators, small power transformers, electrical appliances, and rotors for hybrid and electric vehicles, contributing to improved energy efficiency.

The Bokaro Steel Plant has achieved significant achievement in product development by successfully producing about 1,100 tonnes of 0.5 mm thick IS 18316 LS Grade Non-Grain Oriented (NGO) Electrical Steel for the first time. The achievement demonstrated its capability in developing advanced, value-added steels for the power, automotive, and renewable energy sectors.

SAIL is India’s largest steel producing company. The company is among the five Maharatnas of the country’s Central Public Sector Enterprises. The company has five integrated steel plants, three special plants, and one subsidiary in different parts of the country.