
Steel Authority Of India (SAIL) Share Price Falls 2.72% Today
Updated: 11 Sept 2026 • 5:11 pm
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Steel Authority Of India Share Price fell to Rs 179 on 11 September 2026, down 2.72% or Rs 5 from the previous close of Rs 184. The stock opened at Rs 182.05, touched the same intraday high of Rs 182.05, and moved down to a low of Rs 178.7 before staying near that range. With a market capitalisation of Rs 76,931.03 crore, SAIL remains a large-cap company in the Iron & Steel space, so even a single-session decline tends to attract market attention.
The supplied data confirms the weaker move but does not identify a company-specific catalyst. What is available is a clean snapshot of price action, valuation, moving averages and peer metrics. Turnover stood at Rs 9.92 crore, RSI was 67.18, and the stock traded below its 50-day moving average while staying above its 200-day moving average. That combination makes today’s move worth reading through both short-term market behaviour and broader industry context.
Steel Authority Of India (SAIL) Share Price Today: Price Action Analysis
| Metric | Value |
|---|---|
| Current Price | Rs 179 |
| Previous Close | Rs 184 |
| Today's Move | -Rs 5.00 (-2.72%) |
| Open | Rs 182.05 |
| High | Rs 182.05 |
| Low | Rs 178.7 |
| Turnover | Rs 9.92 crore |
| Market Capitalisation | Rs 76,931.03 crore |
| Market Cap Category | Large Cap |
Steel Authority Of India Share Price Today reflects a session where the stock could not sustain levels above the open. Because the day’s high matched the opening price at Rs 182.05, the tape suggests early strength was By the supplied timestamp, the stock was at Rs 179, close to the intraday low of Rs 178.7 and clearly below the previous close of Rs 184.
This price structure matters because it shows broad intraday weakness rather than a brief dip followed by recovery. The gap between the current price and the day’s low was narrow, which usually indicates the stock spent much of the session near the weaker end of its range. Turnover of Rs 9.92 crore confirms participation, but the available data still points mainly to persistent selling pressure within the day. For traders and investors, that makes the moving-average context especially relevant.
Steel Authority Of India (SAIL) Fundamental Analysis
| Metric | Value |
|---|---|
| Market Capitalisation | Rs 76,931.03 crore |
| P/E Ratio | 17.79x |
| P/B Ratio | 1.23x |
| ROE | 5.66% |
| ROCE | 7.08% |
| EPS | Rs 10.34 |
| Book Value Per Share | Rs 150.04 |
| Dividend Yield | 1.28% |
The company’s basic financial snapshot shows a large market value paired with moderate return ratios. SAIL’s P/E ratio is 17.79 and its P/B ratio is 1.23, while ROE stands at 5.66% and ROCE at 7.08%. EPS is Rs 10.34, book value per share is Rs 150.04, and dividend yield is 1.28% based on the supplied figures.
These numbers matter because they help explain why Steel Authority Of India Share Price is often evaluated through a value-versus-efficiency lens. The valuation multiples are not demanding relative to many industry names, yet profitability ratios are not especially strong either. That leaves the stock in a zone where investors may see some valuation comfort, but still need to weigh operational returns carefully.
From a trend perspective, the stock is below its 50-day moving average of Rs 181.62 and above its 200-day moving average of Rs 170.65. That does not, by itself, establish a directional forecast, but it does suggest that near-term price strength has softened while the longer-term reference level remains intact. The RSI reading of 67.18 adds one more piece of context, though the supplied data does not support a deeper indicator-based conclusion beyond noting the level.
Sector and Industry Context
| Metric | Value |
|---|---|
| Sector | Iron & Steel |
| Industry | Steel & Iron Products |
| Benchmark Scope | same industry |
| Company P/E Ratio | 17.79x |
| Benchmark Median P/E | 20.98x |
| Benchmark Average P/E | 36.99x |
| Benchmark P/E Range | 0.49x to 616.68x |
| Company P/B Ratio | 1.23x |
| Benchmark Median P/B | 1.69x |
| Benchmark Average P/B | 2.28x |
| Company ROE | 5.66% |
| Benchmark Median ROE | 9.41% |
| Benchmark Average ROE | 2.34% |
| Company ROCE | 7.08% |
| Benchmark Median ROCE | 12.32% |
| Benchmark Average ROCE | 9.79% |
| Company Market Capitalisation | Rs 76,931.03 crore |
| Benchmark Median Market Cap | Rs 313.76 crore |
| Benchmark Average Market Cap | Rs 8,163.7 crore |
SAIL operates in the Iron & Steel sector and the Steel & Iron Products industry. In the supplied benchmark set of 140 companies from the same industry, its P/E of 17.79 is below the median of 20.98 and well below the average of 36.99. Its P/B ratio of 1.23 is also below the industry median of 1.69 and average of 2.28.
That relative discount on valuation does not automatically make the stock stronger or weaker; it simply shows how the market is pricing it against peers in the same business universe. The profitability picture is more mixed. SAIL’s ROE of 5.66% is below the industry median of 9.41%, though above the average of 2.34%. Its ROCE of 7.08% is below both the median of 12.32% and the average of 9.79%.
Size is another important factor. With a market capitalisation of Rs 76,931.03 crore, the company is far above the benchmark median market cap of Rs 313.76 crore and above the average of Rs 8,163.7 crore. So the stock combines large scale with lower valuation multiples and softer return ratios. That balance is central to any neutral reading of Steel Authority Of India Share Price Today.
Peer Comparison
| Company | Symbol | Market Cap (Cr) | P/E | P/B | ROE (%) | ROCE (%) |
|---|---|---|---|---|---|---|
| JSW Steel | JSWSTEEL | 3,20,440.06 | 12.91 | 3.06 | 28.54 | 20.67 |
| Tata Steel | TATASTEEL | 2,35,375.56 | 21.04 | 2.25 | 11.44 | 12.7 |
| Welspun Corp | WELCORP | 68,795.28 | 31.71 | 7.64 | 19.55 | 23.94 |
| Jindal Stainless | JSL | 64,535.57 | 19.35 | 3.07 | 17.51 | 19.19 |
| APL Apollo Tubes | APLAPOLLO | 60,182.46 | 49.66 | 10.98 | 25.35 | 31.83 |
Peer data places SAIL in the middle of the pack on size. Its market cap is below JSW Steel and Tata Steel, but above Welspun Corp, Jindal Stainless and APL Apollo Tubes in the supplied comparison set. On valuation, SAIL’s P/E of 17.79 is higher than JSW Steel’s 12.91, but lower than Tata Steel’s 21.04, Welspun Corp’s 31.71, Jindal Stainless’ 19.35 and APL Apollo Tubes’ 49.66.
The P/B comparison is even clearer. SAIL’s 1.23 is lower than all five peers listed above. However, its ROE and ROCE are also below every one of those peers. In simple terms, the stock appears cheaper on common valuation multiples, but that lower pricing sits alongside weaker return efficiency. For readers tracking Steel Authority Of India Share Price, that is the core peer takeaway.
Why Investors Are Watching Steel Authority Of India
- The stock fell 2.72% today to Rs 179 from Rs 184.
- The current price is below the 50-day moving average of Rs 181.62 but above the 200-day moving average of Rs 170.65.
- Valuation multiples of 17.79 times earnings and 1.23 times book are below several same-industry benchmarks.
- ROE of 5.66% and ROCE of 7.08% trail many major peers despite the company’s large market capitalisation.
- The supplied data confirms the decline but does not identify a specific trigger for the move.
About Steel Authority Of India
Steel Authority Of India is a listed company in the Iron & Steel sector and operates within the Steel & Iron Products industry. Based on the supplied classification, it is one of the larger listed businesses in its industry group. Because of that scale, the stock is often tracked not only for daily price changes but also for how its valuation and profitability compare with other major steel names.
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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 did Steel Authority Of India Share Price fall today?
Ans. Steel Authority Of India Share Price fell 2.72% to Rs 179 from the previous close of Rs 184. The supplied data confirms the decline, but it does not establish a company-specific catalyst behind today’s move.
What is the latest SAIL share price today?
Ans. SAIL was at Rs 179 in the supplied data. The stock opened at Rs 182.05, touched a high of Rs 182.05, and moved down to a low of Rs 178.7.
How is SAIL valued on P/E and P/B basis?
Ans. SAIL is trading at a P/E ratio of 17.79 and a P/B ratio of 1.23. Both are below the same-industry median levels of 20.98 for P/E and 1.69 for P/B in the supplied snapshot.
What do SAIL’s ROE and ROCE indicate?
Ans. SAIL’s ROE is 5.66% and ROCE is 7.08%. These figures are positive, but both sit below the same-industry median levels in the supplied benchmark. The relevant peer median ROE is 9.41%.
How does SAIL compare with JSW Steel and Tata Steel?
Ans. SAIL’s P/E of 17.79 is above JSW Steel’s 12.91 but below Tata Steel’s 21.04. Its market cap and return ratios are lower than those two peers in the supplied comparison.
What should investors watch after today’s decline?
Ans. Investors may watch whether the stock remains below the 50-day moving average of Rs 181.62, how it behaves relative to the 200-day moving average of Rs 170.65, and how its valuation discount compares with its lower return ratios versus peers.
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