SAL Steel Ltd. (SALSTEEL): SAL Steel Share Price Near 52-Week High as Price Holds Firm
- September 21, 2026
- Posted by: Chaitanya Auti
- Category: News
SAL Steel Share Price is Rs 97.44, up 0.05% today, and is trading close to its 52-week high with a market capitalisation of Rs 1,409.88 crore. SALSTEEL is drawing attention because the latest price action places SAL Steel Share Price near a yearly high while valuation, profitability and sector comparison remain central to the stock’s story.
SAL Steel Share Price is trading at Rs 97.44, up Rs 0.05 or 0.05% from the previous close of Rs 97.39, while the company’s market capitalisation stands at Rs 1,409.88 crore. The move keeps SAL Steel Share Price close to its 52-week high, making SALSTEEL relevant for readers tracking SAL Steel Share Price Today, SAL Steel Stock News and SAL Steel Share News on the Indian Stock Market. The latest Univest data confirms the price event, but it does not establish any company-specific catalyst. What the numbers do show is a stock priced near its yearly high even as its valuation and profitability ratios remain well below the cleaner profiles seen in parts of the peer set. That combination is why SAL Steel Share Price remains on stock screens today.
SAL Steel Share Price Today: Price Action Analysis
| Metric | Value |
|---|---|
| Current Price | Rs 97.44 |
| Previous Close | Rs 97.39 |
| Today's Move | +Rs 0.05 (+0.05%) |
| Open | Rs 100.96 |
| High | Rs 101 |
| Low | Rs 97.03 |
| Market Capitalisation | Rs 1,409.88 crore |
SAL Steel Ltd. (SALSTEEL) traded at Rs 97.44 versus the previous close of Rs 97.39, a rise of 0.05%. The stock opened at Rs 100.96, reached a high of Rs 101 and touched a low of Rs 97.03.
SAL Steel Share Price Today shows a narrow day-over-day move, with the stock last traded at Rs 97.44 against the previous close of Rs 97.39. The day open was Rs 100.96, the day high was Rs 101 and the day low was Rs 97.03, so the share price moved within a wide intraday band relative to the current level. SAL Steel Share Price is therefore sitting close to the 52-week high zone even after the early move did not hold. For readers scanning SAL Steel Share Price Live or SAL Steel Share Price Update, the key point is simple: the stock is near its one-year high without any verified company-specific trigger in the latest market data. That keeps SAL Steel Share Price relevant in searches such as SAL Steel Stock News, SAL Steel News Today and SAL Steel Share Price Today. The next useful lens is whether the valuation and financial ratios justify the placement near the yearly high.
SAL Steel Ltd. (SALSTEEL) Fundamental Analysis
| Metric | Value |
|---|---|
| Market Capitalisation | Rs 1,409.88 crore |
| P/E Ratio | 113.43x |
| P/B Ratio | 9.42x |
| ROE | -0.38% |
| ROCE | 5.59% |
| EPS | Rs 0.86 |
| Book Value Per Share | Rs 10.34 |
| Dividend Yield | 0% |
SAL Steel Ltd. (SALSTEEL) fundamental metrics show P/E 113.43x, P/B 9.42x, ROE -0.38%, ROCE 5.59%. These figures provide context only and are not a buy or sell signal.
SAL Steel Ltd. has a market capitalisation of Rs 1409.88 crore, which gives readers a sense of company size before judging valuation. On valuation, P/E at 113.43x, P/B at 9.42x should be read against the sector and peer benchmarks rather than as a standalone signal. Profitability is represented by ROE of -0.38% and ROCE of 5.59%, helping investors compare shareholder returns and capital efficiency. According to latest Univest data, additional metrics include EPS of Rs 0.86, book value per share of Rs 10.34, dividend yield of 0%, 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 16.97x, median ROE of 6.97%, median ROCE of 9.7%. These numbers explain the fundamental backdrop without converting the article into a buy or sell view.
Sector and Industry Context
| Metric | Value |
|---|---|
| Sector | Iron & Steel |
| Industry | Steel/Sponge Iron/Pig Iron |
| Benchmark Scope | same industry |
| Company P/E Ratio | 113.43x |
| Benchmark Median P/E | 16.97x |
| Benchmark Average P/E | 20.17x |
| Benchmark P/E Range | 0x to 44.95x |
| Company P/B Ratio | 9.42x |
| Benchmark Median P/B | 1.78x |
| Company ROE | -0.38% |
| Benchmark Median ROE | 6.97% |
| Company ROCE | 5.59% |
| Benchmark Median ROCE | 9.7% |
| Company Market Capitalisation | Rs 1,409.88 crore |
| Benchmark Median Market Cap | Rs 339.6 crore |
SAL Steel Ltd. (SALSTEEL) is classified under sector: Iron & Steel and industry: Steel/Sponge Iron/Pig Iron.
SAL Steel Ltd. (SALSTEEL) has a P/E ratio of 113.43x, which is above the benchmark median of 16.97x, a difference of +568.41%. P/E is a valuation multiple and is not, by itself, a buy or sell signal.
SAL Steel Ltd. (SALSTEEL) has a ROE of -0.38%, which is below the benchmark median of 6.97%, a difference of -105.45%. SAL Steel Ltd. (SALSTEEL) has a ROCE of 5.59%, which is below the benchmark median of 9.7%, a difference of -42.37%.
Track stocks reaching yearly peaks through the Univest 52-week-high screener. The peer table below provides the company-level comparison.
Peer Comparison
| Company | Symbol | Market Cap (Cr) | P/E | P/B | ROE (%) | ROCE (%) |
|---|---|---|---|---|---|---|
| Steel Exchange India Ltd. | STEELXIND | 1,415.83 | 44.95 | 2.39 | 5.38 | 11.97 |
| RAJPUTANA STAINLESS LTD | RSL | 1,383.04 | 27.76 | 3.61 | 19.34 | 25.57 |
| Vraj Iron & Steel Ltd. | VRAJ | 411.29 | 11.49 | 0.94 | 7.74 | 10.52 |
| Jai Balaji Industries Ltd. | JAIBALAJI | 5,791.88 | 40.02 | 2.47 | 5.93 | 9.63 |
| Chaman Metallics Ltd. | CMNL | 267.9 | 0 | 2.81 | 10.34 | 4.39 |
SAL Steel Ltd. (SALSTEEL) has a P/E ratio of 113.43x compared with the displayed peer median of 27.76x. This is a relative valuation comparison, not a buy or sell signal. Its ROE of -0.38% compares with a peer median of 7.74% across the companies shown in the table. ROCE stood at 5.59% versus the displayed peer median of 10.52%, providing a capital-efficiency comparison. SAL Steel Ltd. (SALSTEEL) has a market capitalisation of Rs 1,409.88 crore. Among the 5 peers shown, 2 have a larger market capitalisation.
Why Investors Are Watching SAL Steel
- SAL Steel Share Price is trading at Rs 97.44, close to its 52-week high and above the previous close of Rs 97.39.
- The current market capitalisation is Rs 1,409.88 crore, which places SAL Steel Share Price above the same-industry median market cap.
- The P/E ratio of 113.43 and P/B ratio of 9.42 are well above the same-industry benchmark median values.
- ROE is -0.38 and ROCE is 5.59, so SAL Steel Share Price is being viewed against weaker profitability ratios.
- SAL Steel Share Price sits near the yearly high while the peer set shows a wide spread in valuation and return ratios.
About SAL Steel Ltd.
SAL Steel Ltd. operates in the Iron & Steel sector and is classified in the Steel/Sponge Iron/Pig Iron industry. SAL Steel Share Price is therefore being tracked within a basic industrial classification that is common to several listed peers in the same space. The company profile supplied here is sector-led rather than business-segment-led, so the most reliable company context for SAL Steel Share Price Today is its market classification, valuation profile and the financial ratios that have been reported. For readers searching SAL Steel Company News, SAL Steel Latest News or SAL Steel Stock Performance, the verified information centres on the listed entity, its sector and the current price zone near a 52-week high.
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 Registration Number INH000013776), a subsidiary of Univest Communication Technologies Private Limited.
Frequently Asked Questions
What is SAL Steel Share Price today?
Ans. SAL Steel Share Price is Rs 97.44, up 0.05% from the previous close of Rs 97.39. The stock is trading near its 52-week high and remains in focus for price watchers today.
Why is SAL Steel Share Price in the news today?
Ans. SAL Steel Share Price is in focus because it is trading close to its 52-week high. The latest price action is verified, but the data does not point to a company-specific catalyst.
How close is SAL Steel Share Price to its one-year high?
Ans. SAL Steel Share Price is trading close to its 52-week high. The day’s range and current level show the stock remaining near that yearly high zone during the latest market update.
What does SAL Steel fundamental analysis show?
Ans. SAL Steel fundamental analysis shows a P/E of 113.43, P/B of 9.42, EPS of Rs 0.86, book value of Rs 10.34 and dividend yield of 0. ROE is -0.38 and ROCE is 5.59.
How does SAL Steel Share Price compare with sector benchmarks?
Ans. SAL Steel Share Price sits above the same-industry median on P/E and P/B, while ROE and ROCE are below the benchmark median and average. That makes the valuation profile stand out versus peers.
What is SAL Steel market capitalisation?
Ans. SAL Steel market capitalisation is Rs 1,409.88 crore. In the same-industry benchmark set, that is above the median market cap and well below the average, placing it in the middle of the range.
Which peer stands closest to SAL Steel Share Price on market cap?
Ans. Steel Exchange India Ltd. and RAJPUTANA STAINLESS LTD are closest in market cap to SAL Steel Share Price among the listed peer set. Their valuation and return ratios still differ meaningfully from SALSTEEL.
What should investors monitor in SAL Steel Share Price next?
Ans. Investors tracking SAL Steel Share Price can monitor whether it continues to trade near the 52-week high, how valuation compares with peers, and whether ROE and ROCE improve from the latest reported levels.
Track SAL Steel Share Price on Univest
Use SAL Steel Ltd. (SALSTEEL) live share-price page, Univest 52-week-high screener, Univest market blogs to review live stock data, yearly-high lists and related market analysis.
Readers can track SAL Steel Share Price on Univest for live price updates, market cap, valuation ratios, sector context, peer comparison and key market insights. Univest also helps users follow SAL Steel Share Price Today alongside the one-year high, company fundamentals and broader market context in one place.