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SAIL gets CCEA nod; stock hits 52-week low

Monday 8th Aug 2011 1207

New Delhi : Steel Authority of India (SAIL) touched a 52-week low of Rs 110.75. At 09:33 hrs the share was quoting at Rs 112.00, down Rs 3.60, or 3.11%. The company has got CCEA (Cabinet Committee on Economic Affairsnod) to revive FCI’s (Fertiliser Corporation of India) Sindri unit to invest Rs 35000 crore to setup steel, power & fertilizer units, reports CNBC-TV18.

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