2023
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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BEL
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GAIL
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SAIL
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IRDA
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Detailed explanation-1: -The Steel Authority of India Limited (SAIL), a Maharatna public sector unit under the Ministry of Steel, has achieved the best ever annual production during the financial year 2022-23 ending on 31 March 2023.
Detailed explanation-2: -The company has shown a good revenue growth of 15.61% for the Past 3 years. The company has significantly decreased its debt by 20, 392.48 Cr. Company has a healthy Interest coverage ratio of. Company’s PEG ratio is 0.08.
Detailed explanation-3: -Public sector steel major, Steel Authority of India Ltd (SAIL), is in the process of finalising growth plans that will take its capacity to 34-35 million tonnes by 2030-2031. At present, SAIL’s operating crude steel capacity is around 19.5 million tonnes.