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Steel Authority of India: SAIL is stock pick of the week: Reasons why good times are coming for the PSU steelmaker

Ministry of Mines has allowed SAIL to sell 25% of its total iron ore production which will push up its Ebitda margin in the coming quarters. Apart from this, strong operational performance and increased steel consumption are the factors that have made the company a favourite of analysts.

SAIL share price: Good times are coming for this state-run steelmaker, and how!

Ministry of Mines has allowed SAIL to sell 25% of its total iron ore production which will push up its Ebitda margin in the coming quarters. Apart from this, strong operational performance and increased steel consumption are the factors that have made the company a favourite of analysts.

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