3 reasons why SAIL is one of the most expensive metal stocks
SAIL has been losing market share for the past 15 years to the aggressive private trio (JSW, JSPL, and Tata Steel). SAILs volume has grown by a mere 2.1% CAGR over 2007-22 against the industry at 5.4% CAGR, resulting in its market share declining from 25% to 16% over 2007-22.