SAIL shares decline after capacity expansion announcement

Oicharts Desk |

Shares of Steel Authority of India Limited (SAIL) fell on 20 Nov after the Union Steel Minister announced a capacity expansion plan for the Rourkela Steel Plant, aiming to double output to 9.8 million tonnes per annum. The project, highlighted during the inauguration of a modern facility, is expected to boost regional socio-economic development. 📉

📊 STOCKS MENTIONED: $SAIL 🏢 SECTORS: Metals, Manufacturing