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SAIL TO THE MOON ?

Long
NSE:SAIL   STEEL AUTHOR INDIA
About SAIL – Steel Authority Of India Limited
Multibagger Jackpot Stock SAIL (Steel Authority of India Limited) is one of the largest steel producer and Maharatna company in India. SAIL manufactures Railway Products like Rails, Wheels, Axels and Wheel Sets etc.

India is the world’s third-largest steel producer and the growth in the steel sector has been driven by the domestic availability of raw materials such as iron ore and cost-effective labor. The steel sector has been a major contributor to India’s manufacturing output.

Technical Analysis:
From an investment perspective, you can expect more than 100% return from multibagger jackpot Stock SAIL. Currently, this buzzing stock is trading at around Rs. 127/- after touching all time high of 150/- It may break 150 levels very soon. Look at the volume expansion of this stock, big players are heavily invested in this stock, also the commodity bull run is going to last for 3-4 m years. This Maharatna company will give you 100% return over years. Just buy the stock and forget about it. Sit tight and let it grow.

Fundamental Analysis:
Company has reduced debt, Stock is trading at 1.15 times its book value, Company has delivered good profit growth of 24.57% CAGR over last 5 years.

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