India, March 12 -- The shares of a Maharatna PSU company specialising in the production of iron and steel, operating as one of India's largest state-owned steel makers, are in focus as ICICI Direct has initiated with a Buy rating, with an upside potential of 30 percent.

With a market capitalization of Rs. 62,137.24 crores in the day's trade, the shares of Steel Authority of India Ltd declined upto 2.4 percent, making a low of Rs. 149.65 per share compared to its previous closing price of Rs. 153.80 per share.

What Happened Steel Authority of India Ltd, engaged in the production of iron and steel, operating as one of India's largest state-owned steel makers, is in focus after ICICI Direct has initiated coverage with a "buy" rating on th...