Business

SAIL rises 2.7 per cent on better Q4 numbers

moneycontrol.com | Posted on May 29, 2012 at 05:01pm IST

Steel Authority of India (SAIL) has declared its fourth quarter results. Its Q4 net profit at Rs 1,577 crore versus Rs 1,530.6 crore, YoY, reports CNBC-TV18.

It touched an intraday high of Rs 96.70 and an intraday low of Rs 92.50. At 14:40 hrs the share was quoting at Rs 95.95, up Rs 2.55, or 2.73 per cent.

It was trading with volumes of 1,223,250 shares, compared to its 5-day average of 421,045 shares, an increase of 190.53 per cent.

SAIL rises 2.7 pc on better Q4 numbers

SAIL was trading with volumes of 1,223,250 shares, compared to its 5-day average of 421,045 shares, an increase of 190.53 per cent.

In the previous trading session, the share closed up 0.76 per cent or Rs 0.70 at Rs 93.40.

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