Steel Authority Of India Limited(SAIL),the state owned public sector company today entered the coveted list of 14 member elite club of Indian Companies which have a market capitalization of over Rs 1,00,000 crore.Shares of  SAIL today surged over  16% to close at  Rs260 levels.The company’s market cap now stands at Rs 106,874 crores.It took just eight months for SAIL to double its market cap from Rs 50,000 to Rs 1,00,000 crores.The other companies in this club are RIL,NTPC,ONGC,DLF,Infosys,TCS,Bharti Airtel,RCom,SBI etc.So SAIL is one of the safest bet in the markets these days with the company having strong fundamentals.

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