Steel Authority Of India (SAIL) Share Price Fall Streak: SAIL Trades Lower for Second Straight Session
- October 8, 2026
- Posted by: Kunal Singla
- Category: News
Steel Authority Of India Share Price is trading lower in its second straight session, with the latest trade at Rs 171 after a cumulative 4.34% fall from the streak start base of Rs 178.75. The price move is confirmed in Univest data; a company-specific reason has not been established. The latest move is relevant because it extends the decline beyond a single session and gives readers a clearer read on Steel Authority Of India Share Price Fall Streak rather than an isolated intraday dip.
The company’s market capitalisation stands at Rs 73,833.14 crore, which places Steel Authority Of India Share Price within the Large Cap bracket for this article. A second straight lower session matters because it shows a pattern across two trading days, not just one opening reaction. For readers tracking Steel Authority Of India Share Price, the key question is how the move fits alongside valuation, earnings base and sector positioning, which Univest data helps frame through the latest ratios and steel-industry benchmarks.
Steel Authority Of India (SAIL) Share Price Fall Streak: Consecutive Decline Analysis
| Metric | Value |
|---|---|
| Current Price | Rs 171 |
| Previous Close | Rs 174.5 |
| Today's Move | -Rs 3.50 (-2.01%) |
| Open | Rs 175.35 |
| High | Rs 175.35 |
| Low | Rs 171 |
| Market Capitalisation | Rs 73,833.14 crore |
Steel Authority Of India Share Price last traded at Rs 171, below the previous close of Rs 174.5, marking a decline of Rs 3.5 or 2.01% in the latest session. The stock opened at Rs 175.35, touched a high of Rs 175.35 and a low of Rs 171, with the latest trade sitting at the session low. According to latest Univest figures, that places Steel Authority Of India Share Price at the lower edge of its intraday range, after opening only slightly above the previous close.
For a Large Cap name, this kind of move is not about size alone; it is about how quickly the stock has moved away from the streak start base of Rs 178.75 over two sessions. The latest price action shows that Steel Authority Of India Share Price remains under a short-run decline pattern, and the market-cap figure of Rs 73,833.14 crore gives the move company-size context without changing the underlying directional read. The next layer is whether the valuation base supports or challenges that move, which the fundamentals help answer.
What the Consecutive Declines Show
Steel Authority Of India Share Price is now lower for the second straight session, and the cumulative fall of 4.34% from Rs 178.75 to Rs 171 is the most important number in the streak lens. According to Univest data, the pattern is not a one-day slip but a two-session decline that has already moved the stock away from the base level recorded at the start of the run. That makes the streak more relevant than a single move because the price has now been reset lower across two trading days.
For readers, the practical read is straightforward: Steel Authority Of India Share Price has not just weakened once; it has stayed lower across consecutive sessions. That matters because each lower trade adds context to the previous one, while the underlying business numbers do not change just because the share price does. The earnings base, book value and valuation multiples are therefore the next logical focus for any stock analysis of this decline.
Steel Authority Of India (SAIL) Fundamental Analysis
| Metric | Value |
|---|---|
| Market Capitalisation | Rs 73,833.14 crore |
| P/E Ratio | 16.87x |
| P/B Ratio | 1.16x |
| ROE | 5.66% |
| ROCE | 7.08% |
| EPS | Rs 10.34 |
| Book Value Per Share | Rs 150.04 |
| Dividend Yield | 1.35% |
Steel Authority Of India (SAIL) fundamental metrics show P/E 16.87x, P/B 1.16x, ROE 5.66%, ROCE 7.08%. These ratios show where the company stands today and are not a call to buy or sell.
Steel Authority Of India has a market capitalisation of Rs 73,833.14 crore and falls in the Large Cap category, which gives readers a sense of company size before judging valuation. On valuation, P/E at 16.87x, P/B at 1.16x should be read against the sector and peer benchmarks rather than as a standalone signal. Profitability is represented by ROE of 5.66% and ROCE of 7.08%, helping investors compare shareholder returns and capital efficiency. According to latest Univest data, additional metrics include EPS of Rs 10.34, book value per share of Rs 150.04, dividend yield of 1.35%, adding context to earnings, balance-sheet value and historical payout. Against the latest Univest same industry benchmark, these figures can be compared with benchmark median P/E of 19.9x, median ROE of 8.96%, median ROCE of 12.25%. Together they describe the fundamental backdrop without implying a buy or sell view.
Sector and Industry Context
| Metric | Value |
|---|---|
| Sector | Iron & Steel |
| Industry | Steel & Iron Products |
| Benchmark Scope | same industry |
| Company P/E Ratio | 16.87x |
| Benchmark Median P/E | 19.9x |
| Benchmark Average P/E | 36.51x |
| Benchmark P/E Range | 0.5x to 587.83x |
| Company P/B Ratio | 1.16x |
| Benchmark Median P/B | 1.7x |
| Benchmark Average P/B | 2.13x |
| Company ROE | 5.66% |
| Benchmark Median ROE | 8.96% |
| Benchmark Average ROE | 2.02% |
| Company ROCE | 7.08% |
| Benchmark Median ROCE | 12.25% |
| Benchmark Average ROCE | 21.83% |
| Company Market Capitalisation | Rs 73,833.14 crore |
| Benchmark Median Market Cap | Rs 339.78 crore |
| Benchmark Average Market Cap | Rs 7,718.66 crore |
Steel Authority Of India (SAIL) operates in the Iron & Steel sector, within the Steel & Iron Products industry.
Steel Authority Of India (SAIL) has a P/E ratio of 16.87x, which is below the benchmark median of 19.9x, a difference of -15.23%. A P/E difference of this kind is a reference point rather than a recommendation.
Steel Authority Of India (SAIL) has a ROE of 5.66%, which is below the benchmark median of 8.96%, a difference of -36.83%. Steel Authority Of India (SAIL) has a ROCE of 7.08%, which is below the benchmark median of 12.25%, a difference of -42.2%.
Track stocks among today's decliners through the Univest top decliners screener. The peer table below provides the company-level comparison.
Peer Comparison
| Company | Symbol | Market Cap (Cr) | P/E | P/B | ROE (%) | ROCE (%) |
|---|---|---|---|---|---|---|
| JSW Steel | JSWSTEEL | 3,07,882.65 | 12.11 | 2.87 | 28.54 | 20.67 |
| Tata Steel | TATASTEEL | 2,22,954.52 | 19.85 | 2.13 | 11.44 | 12.7 |
| Welspun Corp | WELCORP | 70,094.45 | 30.9 | 7.45 | 19.55 | 23.94 |
| Jindal Stainless | JSL | 61,856.2 | 18.59 | 2.95 | 17.51 | 19.19 |
| APL Apollo Tubes | APLAPOLLO | 59,557.73 | 47.91 | 10.59 | 25.35 | 31.83 |
Steel Authority Of India (SAIL) has a P/E ratio of 16.87x compared with the displayed peer median of 19.85x. This is a relative valuation comparison, not a buy or sell signal. Its ROE of 5.66% compares with a peer median of 19.55% across the companies shown in the table. ROCE stood at 7.08% versus the displayed peer median of 20.67%, providing a capital-efficiency comparison. Steel Authority Of India (SAIL) has a market capitalisation of Rs 73,833.14 crore. Among the 5 peers shown, 2 have a larger market capitalisation.
Why Investors Are Watching Steel Authority Of India
- Steel Authority Of India Share Price is in a second straight session of decline, with the latest trade at Rs 171.
- The cumulative streak fall of 4.34% from Rs 178.75 gives the move a two-session pattern rather than a one-day slip.
- The P/E of 16.87 and P/B of 1.16 place Steel Authority Of India Share Price below the sector median on the displayed benchmark.
- ROE of 5.66% and ROCE of 7.08% remain below the benchmark medians in the same industry set.
- Steel Authority Of India Share Price is still a Large Cap name with Rs 73,833.14 crore market capitalisation, so the move carries size context for market watchers.
About Steel Authority Of India
Steel Authority Of India operates in the Iron & Steel sector and the Steel & Iron Products industry. The business context for Steel Authority Of India Share Price is that the company belongs to a large listed steel universe where valuation, profitability and capital efficiency are often compared closely. For this article, the relevant business read is to that sector positioning, because the streak lens is about interpreting the latest share-price decline against the company’s financial base.
According to latest Univest figures, Steel Authority Of India Share Price therefore sits in a cyclical industrial context where earnings, book value and return ratios matter for how the market prices the stock. That is the practical company background a reader needs to interpret the current decline.
Track Steel Authority Of India Share Price on Univest
Use Steel Authority Of India (SAIL) live share-price page, Univest top decliners screener, Univest market blogs to review live stock data, top decliners and related market analysis.
Readers can track Steel Authority Of India Share Price on Univest for live price updates, key fundamental ratios, 52-week levels and market insights in one place. The platform also helps place the latest trade alongside valuation and sector context, so Steel Authority Of India Share Price can be followed with the numbers that matter most.
According to Univest data, this is useful when the stock is moving in a streak because each fresh trade can be read alongside P/E, P/B, ROE, ROCE, EPS and book value rather than as an isolated print.
Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Uniresearch Global Pvt. Ltd. (Research Analyst, SEBI Reg. No. INH000013776, a subsidiary of Univest Communication Technologies Private Limited).
Frequently Asked Questions
Why is Steel Authority Of India Share Price falling today?
Ans. Steel Authority Of India Share Price is lower by Rs 3.5, or 2.01%, with the latest trade at Rs 171. The price move is confirmed in Univest data; a company-specific reason has not been established.
What does the second straight session mean for Steel Authority Of India Share Price?
Ans. It means the stock has declined in two consecutive trading sessions, not just one. The cumulative move from Rs 178.75 to Rs 171 is a 4.34% fall, which gives the decline more context.
How did Steel Authority Of India Share Price trade during the session?
Ans. The stock opened at Rs 175.35, touched a high of Rs 175.35 and a low of Rs 171. The latest trade at Rs 171 sat at the session low, below the previous close of Rs 174.5.
What is Steel Authority Of India Share Price market capitalisation?
Ans. Steel Authority Of India has a market capitalisation of Rs 73,833.14 crore. That places Steel Authority Of India Share Price in the Large Cap category for this article.
How does Steel Authority Of India Share Price look on valuation?
Ans. The stock trades at 16.87 times earnings and 1.16 times book. Those figures sit below the same-industry benchmark median of 19.9 for P/E and 1.7 for P/B, using the displayed comparison set.
What do EPS and book value show for Steel Authority Of India Share Price?
Ans. EPS is Rs 10.34 and book value is Rs 150.04 per share. EPS shows earnings attributable to each share, while book value shows the accounting net worth behind each share at the current quote.
How do ROE and ROCE compare for Steel Authority Of India Share Price?
Ans. ROE is 5.66% and ROCE is 7.08%. Both sit below the benchmark medians of 8.96% and 12.25% in the same industry scope, which is important context for valuation analysis. The previous close was Rs 174.5.
How does Steel Authority Of India Share Price compare with peers?
Ans. Its market capitalisation is below JSW Steel and Tata Steel, but above Welspun Corp and Jindal Stainless. Its P/E is also between JSW Steel’s lower multiple and Tata Steel’s higher one.
Where can investors follow Steel Authority Of India Share Price updates?
Ans. Investors can track Steel Authority Of India Share Price on Univest for live price updates, fundamental ratios, 52-week levels and market insights. That helps place each move alongside valuation and sector context.
