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SAIL targets 8 million tonnes iron ore sales by FY27

after close1 source ↓written by the desknot a recommendation

in FY27
₹15,000 crore
of iron ore
8 million tonnes
in Q1 FY27
138% YoY increase
in sales volume
₹1.1 million tonnes

Steel Authority of India Limited (SAIL) plans to ramp up capital expenditure to over ₹20,000 crore in FY28, up from ₹15,000 crore in FY27. The company aims for 8 million tonnes of iron ore sales by FY27, supported by a 138% YoY increase in Q1 FY27 net profit, reaching ₹1.1 million tonnes in sales volume. This strategy leverages high cost-efficiencies and aggressive raw material monetization.

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 28 Jul 2026, 16:05 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 16:05 IST on 28 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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