SAILING HIGH: Steel Authority of India Ltd, the leading public sector steel-maker in India, is fourth in the market cap gainers list.
The company saw its market cap surge by 403.4 per cent [Rs 16,914 crore (Rs 169.14 billion)] to Rs 21,106 crore (Rs 211.06 billion) from a mere Rs 4,192 crore (Rs 41.92 billion).
SAIL, which was incorporated on January 24, 1973, operates five integrated steel plants at Bhilai (Chhattisgarh), Bokaro (Jharkhand), Durgapur (West Bengal), Rourkela (Orissa) and Burnpur (West Bengal).
Left: A steel smelter of SAIL.
Inset: V S Jain, Chairman, SAIL.