Profit

BSE Code: | NSE Code: | ISIN: | Sector:

NSE
65.95
Change Change %
0.05 0.08%

Updated:12 Nov, 2018, 14:59 PM IST

BSE
65.45
Change Change %
-0.60 -0.91%

Updated:12 Nov, 2018, 15:18 PM IST

Research Report Detail

Brokerage
Analyst
Report Date Call Price@Call Target Price
Stop Loss
Current Status Time Horizon
Credit Suisse
N/A
20-09-2016 Sell 47.00 35.00
N/A
Closed Long (1Y)
20-09-2017

Credit Suisse maintains underperform on Steel Authority Of India

Credit Suisse has maintained "sell" call on SAIL for a target price of Rs 35. We see costs to rise despite partial coking coal integration. Any deleveraging looks unlikely till FY2019. Stock looks expensive even at FY2018 estimated EBITDA.

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