S.A.L. Steel Limited (NSE India Code : SALSTEEL)       BUY

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SALSTEEL Technical Levels

Resistance 2 4.28
Resistance 1 4.02
PIVOT 3.83
Support 1 3.57
Support 2 3.12

SALSTEEL Fundamentals

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SALSTEEL Futures

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SALSTEEL Options

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SALSTEEL Technical Levels


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SALSTEEL Share Price on 5-10-2012

Open 3.95
High 4
Low 3.65
Close 3.7
Volume 38561
Change -0.2 (-5.13%)
Series EQ
Date of Listing 24-Nov-04
Paid Up Value 10
Face Value 10
Market Capital 0 Crores
52 Week High/Low 6.45 / 3.1
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S.A.L. Steel Limited Company Profile

S A L Steel was incorporated on Nov. 6, 2003 as a private limited company by the Shah Alloys group in order to manufacture sponge iron and ferro alloys . The company manufactures, alters, converts, processes, treats, cuts, extrudes, mills, casts, forges and rolls iron and steel products. The company started its commercial production of sponge iron and ferro alloys on October 11, 2005. It also commenced its Rolling mills and Captive power project on the same day. The capacity of Captive power is 40MW, which reduces the production cost of Ferro Alloys. This company was set up as a backward integration project to meet the requirement of its promoter company for Ferro Alloys and sponge iron. The corporate office of the company is situated at Ahmedabad in Gujarat and its plant is located at Bharapar in Gujarat. As on March 2006 , the company`s installed capacity was sponge iron- 180000 MT; ferro alloys-61890 MT; Rolling mill-25000 MT.

SALSTEEL Intraday Realtime Chart

SALSTEEL Corporate Announcements

DATE PURPOSE
03-Aug-12 Book Closure
02-Jul-12 Financial Result Updates
15-May-12 Financial Result Updates
02-May-12 Disclosure under SEBI Takeover Regulations
07-Feb-12 Financial Result Updates

SALSTEEL Corporate Actions

DATE PURPOSE
13-Sep-12 Annual General Meeting
15-Sep-11 Annual General Meeting
15-Sep-11 Annual General Meeting

SALSTEEL Board Meetings

MEETING DATE PURPOSE
14-Aug-12 Results/Others
30-Jun-12 Results/Others
15-May-12 Results/Others
03-Feb-12 Results/Others
06-Dec-11 Allotment of Securities

SALSTEEL Related companies

Symbol Company Name
ADHUNIK Adhunik Metaliks Limited
BEDMUTHA Bedmutha Industries Limited
BHUSANSTL Bhushan Steel Limited
ELECTHERM Electrotherm (India) Limited
ESL Electrosteel Steels Limited

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