Steel Authority Of India (SAIL): SAIL Share Price Falls 2.16% Today as Steel Stock Slips to Rs 192.55
- September 1, 2026
- Posted by: Harsh Piplani
- Category: News
SAIL Share Price fell to Rs 192.55 on 01 September 2026, down 2.16% for the day. The move took the Large Cap steel stock’s market capitalisation to Rs 82,465.94 crore. Based on the supplied market data, the stock is in focus because of the intraday weakness, although no company-specific trigger is established in the available information.
For those tracking SAIL Share Price Today, the session showed notable volatility. The stock opened at Rs 194.75 against a previous close of Rs 196.80, touched an intraday high of Rs 200.65, and later slipped to a low of Rs 192.10. At the time of publication, it was trading close to that lower end of the day’s range. Turnover stood at Rs 21.59 crore, indicating active trading around the decline.
The broader context is also important. Steel Authority Of India trades at a P/E of 19.03 and a P/B of 1.31, with ROE of 4.09%, ROCE of 6.39%, EPS of Rs 10.34, book value of Rs 150.04, and dividend yield of 1.19%. The stock remains above its 50-day moving average of Rs 175.53 and 200-day moving average of Rs 166.94, while RSI stands at 67.18.
Steel Authority Of India (SAIL) Share Price Today: Price Action Analysis
| Metric | Value |
|---|---|
| Current Price | Rs 192.55 |
| Previous Close | Rs 196.8 |
| Today's Move | -Rs 4.25 (-2.16%) |
| Open | Rs 194.75 |
| High | Rs 200.65 |
| Low | Rs 192.1 |
| Turnover | Rs 21.59 crore |
| Market Capitalisation | Rs 82,465.94 crore |
| Market Cap Category | Large Cap |
SAIL Share Price reflects a clear intraday decline from the previous close of Rs 196.80 to Rs 192.55, a fall of Rs 4.25 or 2.16%. The stock started below the previous close, briefly traded up to Rs 200.65, and then moved back down toward the session low.
That intraday pattern indicates that early strength did not sustain. The last traded price was just Rs 0.45 above the day’s low of Rs 192.10, showing that selling pressure remained visible near the time this article was posted. Turnover of Rs 21.59 crore adds to the significance of the move because it shows meaningful market participation rather than a thinly traded fluctuation.
From a technical reference point, the stock is still above both the 50 DMA of Rs 175.53 and the 200 DMA of Rs 166.94. RSI at 67.18 suggests that the counter had been carrying relatively strong momentum before this session’s weakness. For readers watching SAIL Share Price on a short-term basis, these levels may remain the most immediate reference points along with the day’s low.
Steel Authority Of India (SAIL) Fundamental Analysis
| Metric | Value |
|---|---|
| Market Capitalisation | Rs 82,465.94 crore |
| P/E Ratio | 19.03x |
| P/B Ratio | 1.31x |
| ROE | 4.09% |
| ROCE | 6.39% |
| EPS | Rs 10.34 |
| Book Value Per Share | Rs 150.04 |
| Dividend Yield | 1.19% |
SAIL Fundamental Analysis shows a company with substantial scale but softer profitability than several major listed peers. At Rs 82,465.94 crore, the company’s market capitalisation is far above the industry median of Rs 304.35 crore and the average of Rs 8,232.96 crore across 138 companies in the same industry benchmark.
On valuation, Steel Authority Of India trades at 19.03 times earnings and 1.31 times book value. EPS stands at Rs 10.34 and book value per share at Rs 150.04. The dividend yield of 1.19% gives additional context on historical payout relative to the current share price, though it should not be treated as a promise of future payout.
The profitability picture is more restrained. ROE is 4.09% and ROCE is 6.39%, which points to modest returns on shareholder equity and capital employed. Taken together, the figures suggest that the stock is not especially expensive on book value terms, but its return ratios are not particularly strong either. That combination makes sector benchmarks and peer comparisons especially relevant for understanding current positioning.
Sector and Industry Context
| Metric | Value |
|---|---|
| Sector | Iron & Steel |
| Industry | Steel & Iron Products |
| Benchmark Scope | same industry |
| Company P/E Ratio | 19.03x |
| Benchmark Median P/E | 19.7x |
| Benchmark Average P/E | 31.31x |
| Benchmark P/E Range | 0.28x to 226.58x |
| Company P/B Ratio | 1.31x |
| Benchmark Median P/B | 1.62x |
| Benchmark Average P/B | 2.33x |
| Company ROE | 4.09% |
| Benchmark Median ROE | 9.56% |
| Benchmark Average ROE | 2.13% |
| Company ROCE | 6.39% |
| Benchmark Median ROCE | 12.19% |
| Benchmark Average ROCE | 8.84% |
| Company Market Capitalisation | Rs 82,465.94 crore |
| Benchmark Median Market Cap | Rs 304.35 crore |
| Benchmark Average Market Cap | Rs 8,232.96 crore |
SAIL operates in the Iron & Steel sector and the Steel & Iron Products industry. Against the same-industry benchmark, its P/E of 19.03 is slightly below the median of 19.70 and well below the average of 31.31. That places the earnings multiple near the middle of the industry rather than at an obvious premium.
The P/B ratio tells a similar story. At 1.31, it is below the benchmark median of 1.62 and average of 2.33. From a valuation-only view, the stock does not appear unusually stretched relative to the wider peer set.
Profitability is where the comparison becomes less favourable. ROE of 4.09% is below the industry median of 9.56%, though above the benchmark average of 2.13%. ROCE of 6.39% is below both the median of 12.19% and average of 8.84%. So while the company is one of the larger names in the space, its return profile is weaker than many comparable steel businesses in the supplied dataset.
Peer Comparison
| Company | Symbol | Market Cap (Cr) | P/E | P/B | ROE (%) | ROCE (%) |
|---|---|---|---|---|---|---|
| JSW Steel | JSWSTEEL | 3,25,245.38 | 12.96 | 3.07 | 28.54 | 20.67 |
| Tata Steel | TATASTEEL | 2,32,441.95 | 20.82 | 2.23 | 11.44 | 12.7 |
| APL Apollo Tubes | APLAPOLLO | 62,723.03 | 50.29 | 11.12 | 25.35 | 31.83 |
| Welspun Corp | WELCORP | 62,630.49 | 27.28 | 6.58 | 19.55 | 23.94 |
| Jindal Stainless | JSL | 58,125.7 | 17.85 | 2.84 | 17.51 | 19.19 |
Peer data shows that Steel Authority Of India sits in a mid-range valuation zone among major listed steel names but lags several of them on return ratios. JSW Steel trades at a lower P/E of 12.96 yet reports much stronger ROE of 28.54% and ROCE of 20.67%. Tata Steel trades at a P/E of 20.82, close to SAIL’s 19.03, but still posts higher ROE of 11.44% and ROCE of 12.70%.
The contrast is even sharper with APL Apollo Tubes and Welspun Corp. APL Apollo Tubes trades at 50.29 times earnings with ROE of 25.35% and ROCE of 31.83%, while Welspun Corp trades at 27.28 times earnings with ROE of 19.55% and ROCE of 23.94%. Jindal Stainless has a lower P/E of 17.85 and also stronger ROE of 17.51% and ROCE of 19.19%.
In market capitalisation terms, SAIL at Rs 82,465.94 crore is below JSW Steel and Tata Steel but above APL Apollo Tubes, Welspun Corp, and Jindal Stainless. That leaves the company as a large sector participant with moderate valuation metrics, but with profitability that compares less favourably against these peers.
Why Investors Are Watching SAIL
- The stock fell 2.16% to Rs 192.55 and was trading close to the session low of Rs 192.10 at publication time.
- It remains above the 50 DMA of Rs 175.53 and 200 DMA of Rs 166.94, while RSI is 67.18.
- Valuation is near industry norms on earnings and below benchmark medians on book value.
- Profitability metrics, with ROE at 4.09% and ROCE at 6.39%, are softer than several major peers.
- The company’s large market capitalisation keeps it relevant within the Iron & Steel space even on a single-session decline.
About SAIL
Steel Authority Of India is part of the Iron & Steel sector and operates within the Steel & Iron Products industry. Based on the supplied market data, it is one of the larger listed companies in its segment. Its size makes it an important benchmark stock for readers following developments across listed steel counters.
Track SAIL Share Price on Univest
Use Steel Authority Of India (SAIL) live share-price page,Univest top decliners screener,Univest market blogsto review live stock data, top decliners and related market analysis.
On Univest, investors can monitor SAIL Share Price along with daily price action, technical indicators such as RSI and moving averages, valuation ratios including P/E and P/B, profitability measures like ROE and ROCE, and broader peer comparisons within the Iron & Steel industry.
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 Univest (SEBI RA INH000013776).
Frequently Asked Questions
Why is SAIL Share Price falling today?
Ans. SAIL Share Price fell 2.16% to Rs 192.55 on 01 September 2026. The supplied data confirms the decline, but it does not identify any company-specific catalyst. The stock traded between Rs 200.65 and Rs 192.10 during the session.
What is the latest SAIL Share Price Today?
Ans. The latest traded price in the supplied data was Rs 192.55. That was down Rs 4.25 from the previous close of Rs 196.80, equal to a 2.16% decline. The previous close was Rs 196.8.
How is SAIL valued compared with its industry?
Ans. The stock trades at a P/E of 19.03 versus the same-industry median of 19.70, and at a P/B of 1.31 versus the median of 1.62. That places valuation close to benchmark norms on earnings and below median on book value.
What do the profitability ratios show?
Ans. ROE is 4.09% and ROCE is 6.39%. Both figures are below the industry medians of 9.56% for ROE and 12.19% for ROCE in the supplied benchmark data. ROE stands at 4.09%.
How does SAIL compare with major peers?
Ans. Compared with JSW Steel, Tata Steel, APL Apollo Tubes, Welspun Corp, and Jindal Stainless, SAIL’s valuation is not the highest, but its ROE and ROCE are lower than all five peers listed in the supplied data.
