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SAIL Shares Have Lagged Consistently. Analysts Are Unfazed.
Here’s what’s working and what’s not for one of the country’s largest steel producers.
16 Dec 2021, 06:30 AM IST
Shares of all steelmakers have fallen in the last six months, partly reversing a stellar run after the first Covid-19 lockdown was eased. But the state-run Steel Authority of India Ltd. has consistently underperformed. Analysts are unfazed though.SAIL has been a traditional laggard. After a burst in April-May earlier this year, when it caught up and surpassed peers, it has again lagged along with Jindal Steel and Power Ltd. in the la...
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