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Steel Authority of India (SAIL) Other Announcement

Life Insurance Corporation of India (LIC) reduced its stake in Steel Authority of India Ltd (SAIL) by 2.061% through market sales between June 2023 and April 2026. LIC's holding decreased from 8.687% to 6.626% following the disposal of 8,51,42,438 equity shares. This significant institutional divestment reflects a shift in LIC's investment allocation in the steel major.

Source

BSE filing, NSE: SAIL. Summary written from the filing by ALFA Finder's alert engine.

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Steel Authority of India (SAIL) Ltd: key numbers

Share price
₹162.00
Market cap
₹66,915 Cr
Revenue (annual)
₹1,10,811 Cr
Net profit (annual)
₹3,373 Cr
P/E (TTM)
11.9×Sector 16.7×
Promoter holding
65.00%+0.00% QoQ
FII holding
7.30%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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