{"id":242094,"date":"2026-09-10T16:54:37","date_gmt":"2026-09-10T11:24:37","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=242094"},"modified":"2026-09-10T16:54:37","modified_gmt":"2026-09-10T11:24:37","slug":"steel-psu-stock-rises-98-percent-in-3-years","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/steel-psu-stock-rises-98-percent-in-3-years\/","title":{"rendered":"This Steel PSU Stock Rises 98% in 3 Years: Safeguard Duty and Earnings Revival Power the Rally"},"content":{"rendered":"

CMP approximately Rs 183.75 (10 Sep 2026). 3-year return 97.81%. 52W range Rs 124 to Rs 209.70. Market cap Rs 76,931 Cr. Q1 FY27 PAT Rs 1,644 Cr vs Rs 745 Cr.<\/em><\/p>\n

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Quick Answer<\/strong><\/p>\n

Steel Authority of India (SAIL) is the steel PSU stock that returned approximately 98% in three years, rising from about Rs 93 to around Rs 184. The gain came from a 2023 to 2024 re-rating, then a 2026 rally driven by the safeguard duty on steel imports, higher prices and debt reduction. Profit more than doubled in Q1 FY27, and recent brokerage targets range from Rs 190 to Rs 240.<\/p>\n<\/div>\n

This steel PSU stock has nearly doubled investor money in three years, turning Rs 1 lakh into roughly Rs 1.98 lakh. A state-owned integrated steelmaker delivered a 3-year return of 97.81% as of 10 September 2026, ranking 44th in a screen of 101 large-cap and mid-cap NSE shares.<\/p>\n

The company is Steel Authority of India Ltd<\/a> (NSE: SAIL)<\/strong>, India’s largest government-owned steel producer, with the President of India holding a 65% stake. The SAIL share price has climbed from around Rs 93 in September 2023 to approximately Rs 183.75 today. The path was not smooth, and this steel PSU stock spent most of 2025 stuck in a range before a sharp 2026 re-rating.<\/p>\n

Click Here – Get Free Investment Predictions<\/strong><\/p>\n

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