Steel Authority of India Ltd Share Price (SAIL)
₹164.65▲8.14%
Steel Authority of India Ltd share Performance
- ₹151.55₹165.95₹164.65
7.96%
Low
Day's Volatility:8.75%
High
0.79%
- ₹80.45₹165.95₹164.65
51.14%
Low
52 Weeks Volatility:51.93%
High
0.79%
| Returns % | |
| 1 Month Return | 16.58 % |
| 3 Month Return | 32.33 % |
| 1 Year Return | 85.67 % |
| Market Stats | |
| Previous Close | ₹152.25 |
| Open | ₹153.10 |
| Volume | 17.65Cr |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹62,887.25Cr |
Analyst Rating for Steel Authority of India Ltd stock
based on 23 analysts
Based on 23 analysts offering long term price targets for Steel Authority of India Ltd. An average target of ₹108.61
Source: S&P Global Market Intelligence
Company Information
SAIL produces a wide range of steel products such as hot and cold rolled sheets and coils, galvanised sheets, electrical sheets, structural sections, plates, bars and rods, stainless steel and other alloy steels. Its top products include TMT bars, angles, channels, flats, rounds and squares. Its popular brands include Bhilai Steel, Durgapur Steel, Rourkela Steel, Bokaro Steel, Salem Steel and Alloy Steel Plant.
SAIL also produces and supplies a range of value-added products such as pipes and tubes, billets, blooms, ferro alloys, pig iron, slabs and hot rolled coils. It has also diversified into the production of wind energy, solar energy, and other renewable sources of energy.
Share Price: ₹164.65 per share as on 24 Apr, 2024 04:01 PM
Market Capitalisation: ₹62,887.25Cr as of today
Revenue: ₹23,348.64Cr as on December 2023 (Q4 23)
Net Profit: ₹422.92Cr as on December 2023 (Q4 23)
Listing date: 03 Nov, 1994
Chairperson Name: Amarendu Prakash
| Organisation | Steel Authority of India Ltd |
| Headquarters | New Delhi |
| Industry | Steel |
| E-voting on shares | Click here to vote |
What's happening
Today's Timeline - Invalid Date
05:47 AM
-Technical analysis suggests initiating a long position in SAIL at CMP Rs 152 for a target price of Rs 166.
02:18 PM
-SAIL shares climb 7% and emerge as top performer in BSE Metal index due to global upturn in metal prices, bolstered by short-covering and undervaluation compared to peers.
Key events for Steel Authority of India Ltd
SAIL Shares Surge on Global Upturn in Metal Prices - 24 Apr, 2024
Steel Authority of India Ltd (SAIL) experiences a surge in share price due to a global upturn in metal prices, favourable narrative building under its undervaluation compared to peers, and technical analysis suggesting a long position.
SAIL Wins All India Public Sector Volleyball Tournament - 19 Apr, 2024
Steel Authority of India Ltd (SAIL) has won the All India Public Sector Volleyball Tournament 2024 and the All India Public Sector Hockey Tournament, showcasing its commitment to fostering sports and athletic talents. SAIL operates multiple sports academies across the country and organizes inter-SAIL sports championships.
SAIL Expected to Report Decrease in Net Profit - 15 Apr, 2024
Prabhudas Lilladher expects Steel Authority of India Ltd (SAIL) to report a net profit of Rs. 260 crore, down 75.6% YoY and 22.8% QoQ. Net sales are expected to decrease by 5.9% YoY to Rs. 27,410 crore, while EBITDA is likely to fall by 30.2% YoY to Rs. 2,030 crore.
SAIL Bags Tenders Worth Rs 889 Crore; Stock Gains Fifth Straight Session - 12 Apr, 2024
Public sector undertaking Steel Authority of India Limited (SAIL) has won tenders worth Rs 889.17 crore for supplying steel and stainless steel. Meanwhile, SAIL's stock continues to gain for the fifth consecutive session, up by 0.75% on the NSE today.
SAIL Supplies Steel for Strategic Project; Modi Govt Plans New Coal Mines - 11 Apr, 2024
The Steel Authority of India Ltd (SAIL) has supplied over 24,000 tonnes of steel for the Sela Tunnel Project. Meanwhile, if re-elected, the Modi government plans to operationalise 12 new coal mines and transfer coking coal blocks to steel companies.
Technical Analysis Suggests Long Position for Steel Authority of India Ltd - 10 Apr, 2024
Based on technical analysis, the stock is displaying a robust recovery post double bottom formation and is trading above the 20-day daily moving average. Rising volumes align with the price surge seen on the daily chart. RSI steadies around 70, affirming the stocks strength. Hence, one can initiate a long position at CMP of Rs 151.35 for a target price of Rs 165 with a stop-loss at Rs 144.
SAIL Shares Hit Over 12-Year High Amid Positive Outlook - 09 Apr, 2024
Steel Authority of India Ltd (SAIL) shares rally 5% to a 12-year high amid positive outlook for sustained growth in domestic consumption and steady operating margins. ICRA maintains a stable outlook on the sector despite challenging operating environment.
Steel Authority of India Ltd Stock Up by 25% - 07 Apr, 2024
The stock price of Steel Authority of India has increased significantly by 25% over the last three months. A study on its financial indicators, specifically ROE, was conducted to determine if it played a role in the recent price move.
Fire Breaks Out at SAIL's Bokaro Steel Mill - 06 Apr, 2024
A fire broke out at the Bokaro Steel Plant of Steel Authority of India Limited (SAIL) during scheduled maintenance work. All 21 workers are safe and under medical supervision.
SAIL Stock Rises on Bullish Outlook and Strong Production Growth - 03 Apr, 2024
Steel Authority of India Ltd (SAIL) is expected to reach Rs.166 in the coming weeks due to a bullish outlook and strong production growth. SAIL posted 5% growth in crude steel production at 19.2 MT for FY23-24 and achieved its highest-ever sales volume of 17.1 MT.
SAIL Achieves Highest-Ever Annual Production Milestones - 02 Apr, 2024
Steel Authority of India Limited (SAIL) achieved its highest-ever annual production milestones in hot metal, crude steel and saleable steel during FY24. SAIL recorded a 6% surge in hot metal production, 5% increase in crude steel output and 7% rise in saleable steel output as compared to the previous fiscal year. The company also achieved its highest-ever sales volume of 17.1 MT during FY24, registering a growth of more than 5% over CPLY.
SAIL Records Strong Performance in FY 2023-24 - 01 Apr, 2024
State-owned Steel Authority of India Ltd (SAIL) has recorded a strong performance in FY 2023-24, achieving record saleable steel output, highest-ever sales volume, and significant increases in crude steel and hot metal production. Operators are creating a positive buzz around steel stocks, including SAIL.
Steel Authority of India Ltd Up for Fifth Straight Session - 27 Mar, 2024
Steel Authority of India Ltd is up 2.14% on the day, quoting at Rs 133.4 as NIFTY rises around 0.7%. The stock has gained around 9.57% in last one month with a PE of 17.7 based on TTM earnings ending December 23.
Fundamentals of Steel Authority of India Ltd
Insights on Steel Authority of India Ltd
Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.
POSITIVE IMPACTMF Holding Up
Mutual Funds have increased holdings from 5.18% to 6.20% in Mar 2024 quarter
- POSITIVE IMPACT
Price Rise
In the last 7 days, SAIL stock has moved up by 5.2%
- POSITIVE IMPACT
Retail Holding Up
Retail Investor have increased holdings from 15.20% to 15.96% in Mar 2024 quarter
NO EFFECTPromoter Holding Unchanged
Promoters holdings remained unchanged at 65.00% of holdings in Mar 2024 quarter
- NO EFFECT
Against Peers
In the last 1 year, NMDC Ltd has given 113.6% return, outperforming this stock by 27.9%
- NO EFFECT
Against Peers
In the last 3 years, Jindal Steel & Power Ltd has given 105.4% return, outperforming this stock by 53.9%
NEGATIVE IMPACTRevenue Fall
Revenue is down for the last 2 quarters, 29.95K Cr → 23.70K Cr (in ₹), with an average decrease of 20.9% per quarter
- NEGATIVE IMPACT
Profit Down
Netprofit is down for the last 2 quarters, 1.30K Cr → 422.92 Cr (in ₹), with an average decrease of 67.6% per quarter
- NEGATIVE IMPACT
FII Holding Down
Foreign Institutions have decreased holdings from 4.34% to 3.18% in Mar 2024 quarter
Steel Authority of India Ltd Valuation
Steel Authority of India Ltd in the last 5 years
Lowest (2.19x)
June 20, 2022
Today (20.30x)
April 23, 2024
Industry (25.14x)
April 23, 2024
Highest (857.50x)
January 15, 2020
Mutual Fund Holdings
| Funds | Holdings |
 Quant Active Fund Growth Option Direct Plan | 2.81% |
| Quant ELSS Tax Saver Growth Option Direct Plan | 2.72% |
| Quant Mid Cap Fund Growth Option Direct Plan | 3.52% |
 Kotak Equity Arbitrage Fund Direct Growth | 0.44% |
 Invesco India Arbitrage Fund Direct Plan Growth Option | 1.12% |
Shareholding Pattern
| Investors | Holdings % | Prev. 1 periods | 3M change |
|---|---|---|---|
| Promoter Holdings | 65% | 0.00 | |
| Foreign Institutions | 3.18% | 0.00 | |
| Mutual Funds | 6.2% | 0.00 | |
| Retail Investors | 15.96% | 0.00 | |
| Others | 9.66% | 0.00 |
Technicals of Steel Authority of India Ltd share
News & Events of Steel Authority of India Ltd
News
Trade Setup: Mixed Results From HDFC Bank, RIL Stall Nifty Momentum; Global Economic Data In Focus
In a mixed bag of earnings reports, two heavyweight constituents of the Nifty 50, HDFC Bank and Reliance Industries, failed to provide the much-needed impetus f... Read more
24 Apr, 2024 08:33 AMGold Loan: आसमान छू रही सोने की कीमत के बीच गोल्ड लोन लेना कितना सही? किस बैंक में कितनी है ब्याज दर - Gold loan check gold loan interest rate in SBI HDFC Bank Indian Bank and other bank
Gold Loan सोने के दाम में लगातार तेजी देखने को मिल रही है। कई एक्सपर्ट के अनुसार इस साल के अंत में सोना के दाम 1 लाख रुपये तक पहुंच जाएंगे। वर्तमान में कई शहरों... Read more
24 Apr, 2024 11:59 AMSensex Above 74,000, Nifty Nears 22,500 As HDFC Bank, RIL, L&T Gain: Midday Market Update
The Nifty 50 was trading 0.39% higher at 22,455.55, and the Sensex rose 0.45% to trade at 74,072.09 as of 11:43 a.m.
24 Apr, 2024 01:02 PMFrequently Asked Questions
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Steel Authority of India Ltd (SAIL) share price today is ₹164.65
Steel Authority of India Ltd is listed on NSE
Steel Authority of India Ltd is listed on BSE
- Today’s highest price of Steel Authority of India Ltd is ₹165.95.
- Today’s lowest price of Steel Authority of India Ltd is ₹151.55.
PE Ratio of Steel Authority of India Ltd is 20.3
PE ratio = Steel Authority of India Ltd Market price per share / Steel Authority of India Ltd Earnings per share
Today’s traded volume of Steel Authority of India Ltd(SAIL) is 17.65Cr.
Today’s market capitalisation of Steel Authority of India Ltd(SAIL) is ₹62887.25Cr.
| Steel Authority of India Ltd(SAIL | Price |
|---|---|
52 Week High | ₹165.95 |
52 Week Low | ₹80.45 |
Steel Authority of India Ltd(SAIL) share price is ₹164.65. It is down -0.78% from its 52 Week High price of ₹165.95
Steel Authority of India Ltd(SAIL) share price is ₹164.65. It is up 104.66% from its 52 Week Low price of ₹80.45
| Steel Authority of India Ltd(SAIL | Returns |
|---|---|
1 Day Returns | 12.4% |
1 Month Returns | 16.58% |
3 Month Returns | 32.33% |
1 Year Returns | 85.67% |