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SAIL targets 8 million tonnes iron ore sales by FY27

pre-market1 source ↓written by the desknot a recommendation

of iron ore
8 million tonnes
capital expenditure increase
₹20,000 crore
in standalone net
138% YoY surge
sales rising
1.1 million tonnes
YoY
0.31 million tonnes

Steel Authority of India Limited (SAIL) plans to achieve 8 million tonnes of iron ore sales by FY27, supported by a ₹20,000 crore capital expenditure increase. The company reported a 138% YoY surge in standalone net profit for Q1 FY27, with iron ore sales rising to 1.1 million tonnes from 0.31 million tonnes YoY. This strategy aims to enhance operational efficiency and capitalize on market demand.

Not investment advice. For informational purposes only.

OI Charts is not a SEBI-registered investment adviser or research analyst. This bulletin was written by the OI Charts desk from the public sources listed here. It is commentary on market conditions, not a basis for any investment decision and not a recommendation to buy or sell any security. Prices as of 29 Jul 2026, 07:05 IST.

Sourcesnews.google.com

Read inENहिंతెमराதગુ

The market after the news

SAIL closed +3.1% on the day of the news, from ₹165.85 to ₹170.96; Nifty +1.1% over the same session; futures OI −1.3%.

Bulletin at 07:05 IST on 29 Jul 2026. Every change is measured from ₹165.85, the last close before it, on 28 Jul. Nifty 50 is measured over the same sessions.

  • SAIL close ₹
  • Nifty 50, rebased to the close before the news
  • close before the news
  • above it
  • below it
  • futures OI, lots
SAIL closes around the bulletin against the close before the news, with Nifty 50 rebased to it142.56165.85189.14axis spans 33%before the news · 28 Jul165.85Nifty 50SAILbulletinD0+1+3+522 Jul3 Aug12 AugFutures open interest, lotspeak 46,000Reference close ₹165.85. 16 sessions from 22 Jul to 12 Aug; the price axis spans 33 percent.
price axis fixed at 4 × the 14-session true range around the close before the news · values printed at each marked session
Closes after the news against the close before it, with Nifty 50 over the same span
SessionClose ₹Change %Nifty %
Before28 Jul₹165.85basebase
On the day29 Jul₹170.96▲ +3.1%▲ +1.1%+2.0 pp difference
+1 session30 Jul₹169.05▲ +1.9%▲ +1.4%+0.6 pp difference
+3 sessions3 Aug₹165.00▼ −0.5%▲ +3.3%−3.8 pp difference
+5 sessions5 Aug₹175.50▲ +5.8%▲ +2.7%+3.1 pp difference
Gap at the open, % · ₹
0.0%+0.02 on 29 Jul
Day's range, % · ₹
6.0%≈ 10 high to low
Volume on the day
3.58×the 20-session average
Futures OI on the day
▼ −1.3%−540 lots · short covering · price +3.1%
Futures OI open, lots
41,00029 Jul · 25 Aug expiry
Futures premium, ₹
+0.18+0.1% to spot
Puts per call, by OI
0.60from 0.52 the session before
Max pain
170from 170 the session before

Source NSE UDiFF bhavcopy · SAIL on the desk →

Thread · SAILAll SAIL bulletins →

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