Steel Authority Of India Ltd. (SAIL) Share Price Rise Streak: SAIL gains 2.22%
- October 6, 2026
- Posted by: Kunal Singla
- Category: News
Steel Authority Of India Ltd. Share Price Rise Streak has now reached a second straight session, with SAIL trading at Rs 179.70 and rising 2.22% from the previous close. According to latest Univest data, the stock remains in a short run of higher closes, and that pattern is the central point today.
Steel Authority Of India Ltd. Share Price Rise Streak is best read as a two-session move rather than a one-day jump. The stock has added 3.28% from the streak base of Rs 174, which keeps attention on the cumulative move across both sessions. That matters because the latest price is being supported by back-to-back higher sessions, not by a single isolated change. According to latest Univest data, the move is visible in the numbers alone, while the reason behind it is not established in the available record.
Steel Authority Of India Ltd. Share Price Rise Streak: Consecutive Gain Analysis
Steel Authority Of India Ltd. (SAIL) rose to Rs 179.7 from the previous close of Rs 175.8, a move of Rs 3.9 or 2.22%. The stock opened at Rs 177.5, reached a high of Rs 180.45, recorded a low of Rs 176.65.
Steel Authority Of India Ltd. Share Price Rise Streak is visible in today’s trading band, with the stock moving from Rs 177.5 at the open to Rs 180.45 at the high and Rs 176.65 at the low before trading at Rs 179.70. The session remained above the previous close of Rs 175.8.
The day’s move adds Rs 3.9, or 2.22%, over the previous close. Steel Authority Of India Ltd. Share Price Rise Streak therefore reflects a stock that opened above the earlier level, moved within a fairly tight band, and stayed near the upper part of the range. That is the main factual shape of the session.
The point of this section is limited and direct: it shows how the stock traded, where it moved during the session, and where it stood relative to the previous close. Steel Authority Of India Ltd. Share Price Rise Streak stays important because the higher pricing is being repeated across two sessions, not because the day by itself explains the full move. According to latest Univest data, the streak is confirmed by the cumulative 3.28% rise from Rs 174.
What the Consecutive Gains Show
Steel Authority Of India Ltd. Share Price Rise Streak now reflects a second straight session of higher closes. Across the two-session run, SAIL has gained 3.28% from the streak start base of Rs 174, which makes the move broader than a single trading-day fluctuation. The latest session extended the earlier gain rather than interrupting it.
That matters because consecutive higher sessions change the way the stock is read. Steel Authority Of India Ltd. Share Price Rise Streak is not a forecast and not a reason by itself, but it does show persistence in price behaviour over a short period. According to latest Univest data, the streak is cleanly visible: one higher session followed by another higher session, with the combined move reaching 3.28%. For investors following short-term market action, that is the key takeaway from the latest pattern.
The cumulative move also helps separate noise from trend within the limited streak window. Steel Authority Of India Ltd. Share Price Rise Streak indicates that the stock has remained above its earlier base through both sessions, which is what makes the latest action notable. The next context is valuation, because the same price move should be read alongside the company’s earnings, book value and returns.
Steel Authority Of India Ltd. (SAIL) Fundamental Analysis
| Metric | Value |
|---|---|
| Market Capitalisation | Rs 71,871.14 crore |
| P/E Ratio | 17x |
| P/B Ratio | 1.17x |
| ROE | 5.66% |
| ROCE | 7.08% |
| EPS | Rs 10.34 |
| Book Value Per Share | Rs 150.04 |
| Dividend Yield | 1.34% |
Steel Authority Of India Ltd. (SAIL) fundamental metrics show P/E 17x, P/B 1.17x, ROE 5.66%, ROCE 7.08%. These figures provide context only and are not a buy or sell signal.
Steel Authority Of India Ltd. has a market capitalisation of Rs 71,871.14 crore and falls in the Large Cap category, which gives readers a sense of company size before judging valuation. On valuation, P/E at 17x, P/B at 1.17x 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 1.34%, 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 19.99x, median ROE of 8.86%, median ROCE of 12.2%. Taken together, they outline the fundamentals rather than a view on the stock.
Sector and Industry Context
| Metric | Value |
|---|---|
| Sector | Iron & Steel |
| Industry | Steel & Iron Products |
| Benchmark Scope | same industry |
| Company P/E Ratio | 17x |
| Benchmark Median P/E | 19.99x |
| Benchmark Average P/E | 36.13x |
| Benchmark P/E Range | 0.48x to 540.95x |
| Company P/B Ratio | 1.17x |
| Benchmark Median P/B | 1.73x |
| Company ROE | 5.66% |
| Benchmark Median ROE | 8.86% |
| Company ROCE | 7.08% |
| Benchmark Median ROCE | 12.2% |
| Company Market Capitalisation | Rs 71,871.14 crore |
| Benchmark Median Market Cap | Rs 310.99 crore |
Steel Authority Of India Ltd. (SAIL) operates in the Iron & Steel sector, within the Steel & Iron Products industry.
Steel Authority Of India Ltd. (SAIL) has a P/E ratio of 17x, which is below the benchmark median of 19.99x, a difference of -14.96%. On its own, the P/E gap is a valuation reference point, not a trading call.
Steel Authority Of India Ltd. (SAIL) has a ROE of 5.66%, which is below the benchmark median of 8.86%, a difference of -36.12%. Steel Authority Of India Ltd. (SAIL) has a ROCE of 7.08%, which is below the benchmark median of 12.2%, a difference of -41.97%.
Track stocks leading today through the Univest top gainers 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 Ltd. | JSWSTEEL | 3,00,790.84 | 12.16 | 2.88 | 28.54 | 20.67 |
| Tata Steel Ltd. | TATASTEEL | 2,23,578.7 | 20.14 | 2.16 | 11.44 | 12.7 |
| Welspun Corp Ltd. | WELCORP | 68,758.35 | 28.53 | 6.88 | 19.55 | 23.94 |
| Jindal Stainless Ltd. | JSL | 60,380.49 | 18.83 | 2.99 | 17.51 | 19.19 |
| APL Apollo Tubes Ltd. | APLAPOLLO | 58,860.81 | 47.37 | 10.47 | 25.35 | 31.83 |
Steel Authority Of India Ltd. (SAIL) has a P/E ratio of 17x compared with the displayed peer median of 20.14x. This peer read is a relative benchmark rather than a trading 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 Ltd. (SAIL) has a market capitalisation of Rs 71,871.14 crore. Among the 5 peers shown, 2 have a larger market capitalisation.
Why Investors Are Watching Steel Authority Of India Ltd.
Steel Authority Of India Ltd. Share Price Rise Streak is drawing attention because the latest move is tied to a second straight session of higher closes. Investors watching the stock are likely focusing on the combination of price behaviour, valuation and peer positioning rather than on a single-day jump.
- Steel Authority Of India Ltd. Share Price Rise Streak has now stretched into a second straight session.
- The stock traded at Rs 179.70, above the previous close of Rs 175.80, with the latest move adding 2.22%.
- The cumulative rise from the streak base of Rs 174 stands at 3.28%.
- Valuation remains below the same-industry median on both P/E and P/B.
- ROE, ROCE, EPS, book value and dividend yield provide a compact fundamental base to track alongside the price move.
About Steel Authority Of India Ltd.
Steel Authority Of India Ltd. Share Price Rise Streak matters because SAIL is a major name in India’s Iron & Steel space. The company operates in the Steel & Iron Products industry and is part of a sector where valuation, capital efficiency and business scale often move differently across listed companies. That is why a short run of higher closes can attract interest quickly.
SAIL’s current market picture is best understood through its price, market capitalisation and reported fundamental ratios. Steel Authority Of India Ltd. Share Price Rise Streak shows the market has re-rated the stock over two sessions, while the company’s P/E, P/B, ROE, ROCE, EPS, book value and dividend yield continue to provide the longer-view context. According to latest Univest data, the stock’s move is best read as part of that wider framework.
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
What is Steel Authority Of India Ltd. Share Price today?
Ans. Steel Authority Of India Ltd. Share Price was Rs 179.70, up 2.22% from the previous close of Rs 175.80. According to latest Univest data, the stock is in its second straight session of higher closes.
What does the Steel Authority Of India Ltd. Share Price Rise Streak mean?
Ans. It means SAIL has posted two consecutive higher sessions. The cumulative move across the streak is 3.28% from Rs 174, so the latest rise is part of a short run, not just one trading session.
How much did Steel Authority Of India Ltd. move today?
Ans. The stock gained Rs 3.9, which is 2.22%, from the previous close of Rs 175.8. According to latest Univest data, it traded between Rs 176.65 and Rs 180.45 during the session.
What is the market capitalisation of Steel Authority Of India Ltd.?
Ans. Steel Authority Of India Ltd. has a market capitalisation of Rs 71,871.14 crore. That scale helps frame the share-price move and places the company well above the same-industry median market cap.
How does SAIL compare on valuation with its industry?
Ans. SAIL’s P/E is 17x and its P/B is 1.17x. Both sit below the same-industry medians of 19.99x and 1.73x, so the stock still trades at lower multiples than the sector middle.
What do SAIL’s ROE and ROCE show?
Ans. ROE stands at 5.66% and ROCE at 7.08%. According to latest Univest data, both are below the same-industry medians, which means the recent price strength is not accompanied by top-tier return ratios.
What are SAIL’s EPS, book value and dividend yield?
Ans. EPS is Rs 10.34, book value is Rs 150.04 and dividend yield is 1.34%. These figures help explain the stock’s valuation base after the latest two-session price rise.
How does SAIL compare with listed steel peers?
Ans. SAIL’s P/B is lower than the peer set shown, while its return ratios are also weaker than several larger steel names. The streak has lifted price, but the peer comparison still favours stronger profitability elsewhere.
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