Latest news with #INR120.00
Business Insider
2 days ago
- Business
- Business Insider
Prabhudas Lilladher Reaffirms Their Hold Rating on Steel Authority of India Limited (SAIL)
In a report released yesterday, Tushar Chaudhari from Prabhudas Lilladher maintained a Hold rating on Steel Authority of India Limited (SAIL – Research Report), with a price target of INR133.00. The company's shares closed last Friday at INR129.18. Confident Investing Starts Here: The word on The Street in general, suggests a Moderate Sell analyst consensus rating for Steel Authority of India Limited with a INR100.00 average price target, which is a -22.59% downside from current levels. In a report released on May 30, J.P. Morgan also maintained a Hold rating on the stock with a INR120.00 price target. Based on Steel Authority of India Limited's latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of INR244.9 billion and a net profit of INR1.42 billion. In comparison, last year the company earned a revenue of INR233.49 billion and had a net profit of INR4.23 billion
Business Insider
4 days ago
- Business
- Business Insider
J.P. Morgan Remains a Hold on Steel Authority of India Limited (SAIL)
J.P. Morgan analyst Vibhav Zutshi maintained a Hold rating on Steel Authority of India Limited (SAIL – Research Report) today and set a price target of INR120.00. The company's shares closed today at INR129.18. Confident Investing Starts Here: Zutshi covers the Basic Materials sector, focusing on stocks such as Hindalco Industries Limited, JSW Steel Limited, and NMDC Limited. According to TipRanks, Zutshi has an average return of 4.4% and a 71.43% success rate on recommended stocks. The word on The Street in general, suggests a Moderate Sell analyst consensus rating for Steel Authority of India Limited with a INR100.00 average price target.
