Steel Authority of India Ltd
BSE:500113
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SAIL's latest stock split occurred on May 13, 2015
The company executed a 5-for-1 stock split, meaning that for every share held, investors received 5 new shares.
Before the split, SAIL traded at 335.25 per share. Afterward, the share price was about 55.7035.
The adjusted shares began trading on May 13, 2015. This was the only stock split in SAIL's history.
Global
Stock Splits Monitor
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Apr 23, 2026
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Saudee Group Bhd
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Focus Technology Co Ltd
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Sharetronic Data Technology Co Ltd
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ROG
002315
Steel Authority of India Ltd
Glance View
In the heart of India’s industrial landscape lies the Steel Authority of India Ltd (SAIL), a beacon of the country's post-independence industrial ambitions. Established in 1954 and formally incorporated in 1973, SAIL has evolved from its nascent stages into a giant, deeply embedded in the fabric of India's steel manufacturing prowess. With headquarters in New Delhi, this public sector undertaking operates one of the most extensive steel production networks in India, boasting integrated steel plants in Bhilai, Bokaro, Durgapur, Rourkela, and Burnpur, and a specialty steel plant at Salem. SAIL’s operations span the entire value chain of steel production: from the extraction of iron ore, limestone, and dolomite, to processing in coke ovens, conversion in blast furnaces, and manufacture into rolled products and finished goods that feed into numerous industries, including construction, railways, automotive, and capital goods. SAIL not only generates revenue through its extensive portfolio of long and flat steel products but also through strategic alliances, domestic and international sales, export of steel products, and diversification into related sectors like power, shipping, and rural development projects. Its profitability largely hinges on effective cost management and scaling up production efficiency, amidst competitive pricing strategies and keeping pace with technological advancements in steel manufacturing. The company’s commitment to sustainable practices, research, and its continuous embrace of modernization and expansion initiatives underscore its stature as a cornerstone of India's industrial growth narrative, blending the economic goals of the nation with its own robust business model.
