🔔 Regulatory Alert
The Indian Steel Association has filed for safeguard duty on steel imports, citing injury to the domestic industry, including Steel Authority of India Ltd.
Steel Authority of India Ltd Analyst Rating
based on 26 analysts
7.69%
Buy
34.62%
Hold
57.69%
Sell
Based on 26 analysts offering long term price targets for Steel Authority of India Ltd. An average target of ₹113.19
Source: S&P Global Market Intelligence
Steel Authority of India Ltd Share analysis
Steel Authority of India Ltd price forecast by 26 analysts
Downside of
High
₹143
Target
₹113.19
Low
₹55
Steel Authority of India Ltd target price ₹113.19, a slight downside of -4.81% compared to current price of ₹116.1. According to 26 analysts rating.
Excluding Excise Duty and Other Income, represents Net Revenue
Steel Authority of India Ltd revenue growth forecast
Expected growth rate Q1, FY2026:2.94%
Forecast
Actual
Including amortisation and stock based compensations
Steel Authority of India Ltd EPS growth forecast
EPS estimate Q1, FY2026:38.01%
Forecast
Actual
Source: S&P Global Market Intelligence
Steel Authority of India Ltd Performance
Day's Low
Day's High
₹115.2Day's Price Range₹120.8652 Week's Low
52 Week's High
₹102.1552-Week Price Range₹175.35
| Returns % | |
| 1 Month Return | + 7.52 % |
| 3 Month Return | -5.84 % |
| 1 Year Return | + 14.67 % |
| Market Stats | |
| Previous Close | ₹118.91 |
| Open | ₹118.15 |
| Volume | 1.79Cr |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹49,487.82Cr |
Steel Authority of India Ltd Key Statistics
| P/E Ratio | 19.43 |
| PEG Ratio | -11.63 |
| Market Cap | ₹49,487.82 Cr |
| P/B Ratio | 1.02 |
| EPS | 7.42 |
| Dividend Yield | 0 |
| Sector | Steel |
| ROE | 6.14 |
Steel Authority of India Ltd Peer Comparison
Company | Analyst View | Market Cap | 5 Year CAGR | Debt to Asset Ratio | Net Profit | Yearly Revenue |
|---|---|---|---|---|---|---|
| ₹49,487.82 Cr | 37.24% | 0.73 | ₹3,066 Cr | ₹1,05,378 Cr | ||
| BUY | ₹41,669.50 Cr | 85.18% | 0.53 | ₹1,988 Cr | ₹13,149 Cr | |
| BUY | ₹95,016.11 Cr | 97.47% | 0.60 | ₹5,943 Cr | ₹50,354 Cr | |
| ₹2,05,075.86 Cr | 26% | 0.70 | ₹7,759 Cr | ₹28,932 Cr | ||
| BUY | ₹43,800.31 Cr | 173.94% | 0.54 | ₹732 Cr | ₹18,118 Cr |
Steel Authority of India Ltd Mutual Fund Holdings
About Steel Authority of India Ltd
SAIL has several integrated steel plants and special steel plants across India, such as those in Bhilai, Bokaro, Rourkela, Durgapur, and Burnpur. The company operates primarily in India but also exports its products to various international markets. SAIL does not have specific sub-brands but operates through its various plants and units. A notable fact about SAIL is that it is one of the leading steel producers in the world, with a significant share of the Indian steel market. Another interesting fact is that SAIL has undertaken joint ventures and collaborations to enhance its technological capabilities and product offerings.
SAIL is a government-owned entity, with the Ministry of Steel, Government of India. The company has not been heavily involved in mergers and acquisitions but focuses on expanding its production capacity and modernizing its facilities to maintain its competitive edge in the steel industry.
Share Price: ₹116.10 per share as on 20 Dec, 2024 04:01 PM
Market Capitalisation: ₹49,487.82Cr as of today
Revenue: ₹24,675.20Cr as on September 2024 (Q3 24)
Net Profit: ₹897.15Cr as on September 2024 (Q3 24)
Listing date: 03 Nov, 1994
Chairperson Name: Amarendu Prakash
| Organisation | Steel Authority of India Ltd |
| Headquarters | New Delhi |
| Industry | Steel |
| E-voting on shares | Click here to vote |
Key events for Steel Authority of India Ltd
SAIL Faces Safeguard Investigation and F&O Ban - 20 Dec, 2024
The Directorate General of Trade Remedies has initiated a safeguard investigation into steel imports following a complaint from the Indian Steel Association, which includes SAIL. The ISA claims a significant increase in imports has harmed the domestic industry. Additionally, SAIL stocks are under F&O ban due to exceeding position limits.SAIL Shares Decline Amid Rising Iron Ore Costs - 18 Dec, 2024
Steel Authority of India Ltd (SAIL) faced a significant decline in share price, dropping 7% in one day due to concerns over rising iron ore costs and potential duty hikes. The stock was trading at Rs 212.30, reflecting broader market pressures on steel companies.NMDC and SAIL Collaborate for Mega Steel Plant - 15 Dec, 2024
NMDC has signed an agreement with the Chhattisgarh government and SAIL to establish a mega steel plant in Bastar. Additionally, a railway line development agreement from Jagdalpur to Rowghat has been signed.SAIL Shares Decline Amid Market Weakness - 13 Dec, 2024
On December 13, Steel Authority of India Ltd (SAIL) shares dropped nearly 6%, ending a six-session winning streak, influenced by broader market pressures and concerns in the metal sector.Steel Sector Faces Cash Flow Concerns - 12 Dec, 2024
A CFO from a prominent steel and mining company reported significant cash flow impacts due to a ruling on backdated dues, necessitating a reevaluation of capital expenditure plans.SAIL Stock Shows Bullish Reversal Signals - 10 Dec, 2024
Steel Authority of India Limited (SAIL) exhibits a bullish reversal pattern on the daily chart, indicating increased buying interest and potential recovery in the stock.SAIL Stock in Focus Amid Import Duty Proposal - 03 Dec, 2024
The Steel Ministry's proposal to impose safeguard duty on steel imports has drawn attention to steel stocks, including Steel Authority of India Ltd (SAIL).Steel Ministry Proposes Safeguard Duty on Imports - 02 Dec, 2024
The Indian steel ministry has proposed a 25% safeguard duty on specific imported steel items to address concerns from domestic players about cheap imports affecting competitiveness.John Cockerill and SAIL Partner for Sustainable Steel Solutions - 01 Dec, 2024
John Cockerill India Limited has partnered with Steel Authority of India Limited to innovate in steelmaking processes, focusing on green technologies and sustainable practices, including a potential joint venture for carbon steel processing.SAIL Partners with John Cockerill for Green Steel - 29 Nov, 2024
Steel Authority of India Limited (SAIL) has signed a Memorandum of Understanding with John Cockerill India to collaborate on innovative and sustainable steel production technologies, focusing on reducing carbon emissions and enhancing efficiency in the steel industry.SAIL Partners with John Cockerill for Green Steel - 28 Nov, 2024
Steel Authority of India Ltd (SAIL) has entered a partnership with John Cockerill India to advance sustainable steelmaking technologies, focusing on green steel production and innovative processing methods.SAIL Negotiates Coking Coal Imports from Mongolia - 27 Nov, 2024
JSW Steel and Steel Authority of India Ltd are negotiating with Mongolian authorities to import coking coal, with SAIL targeting 75,000 metric tons to diversify supply sources.SAIL to Import Coking Coal from Mongolia - 26 Nov, 2024
Steel Authority of India Ltd (SAIL) aims to import 75,000 metric tons of coking coal from Mongolia, enhancing supplier diversification efforts.SAIL Partners with Adani for Iron Mine Development - 22 Nov, 2024
Steel Authority of India Ltd (SAIL) has signed a long-term agreement with Adani Enterprises to develop the Taldih Iron Mine, increasing production capacity from 2 MTPA to 7 MTPA. This initiative aims to secure a stable iron ore supply for SAIL's operations and support future expansions, contributing to the growth of India's steel industry.
Insights on Steel Authority of India Ltd
Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.
POSITIVE IMPACTProfit Spike
Netprofit is up for the last 2 quarters, 81.78 Cr → 897.15 Cr (in ₹), with an average increase of 90.9% per quarter
- POSITIVE IMPACT
Revenue Rich
Revenue is up for the last 2 quarters, 24.28K Cr → 24.99K Cr (in ₹), with an average increase of 2.9% per quarter
NO EFFECTAgainst Peers
In the last 3 years, Jindal Steel & Power Ltd has given 155.8% return, outperforming this stock by 143.3%
- NO EFFECT
Against Peers
In the last 1 year, Jindal Steel & Power Ltd has given 27.7% return, outperforming this stock by 19.8%
- NO EFFECT
Promoter Holding Unchanged
Promoters holdings remained unchanged at 65.00% of holdings in Sep 2024 quarter
NEGATIVE IMPACTPrice Dip
In the last 7 days, SAIL stock has moved down by -7.3%
- NEGATIVE IMPACT
Retail Holding Down
Retail Investor have decreased holdings from 16.27% to 16.15% in Sep 2024 quarter
- NEGATIVE IMPACT
MF Holding Down
Mutual Funds have decreased holdings from 6.37% to 5.92% in Sep 2024 quarter
- NEGATIVE IMPACT
FII Holding Down
Foreign Institutions have decreased holdings from 3.00% to 2.82% in Sep 2024 quarter
News
Palani Temple Gold Invested in State Bank of India Gold Bonds
The gold was handed over in the presence of retired Judge of Madras High Court R. Mala. Under the Gold Investment Scheme, the gold ornaments obtained as offerings from the devotees of temples and not used for the deity were converted into 24-carat gold bars and invested in State Bank of India. The interest from the investment was used for the development of the temples. The Palani temple gold handed over to SBI to be invested in gold bonds would get ₹12 crore as interest per year.20 Dec, 2024 09:14 PM2024 Year-End Review: Legal Precedents and IBC Reforms in India
On November 7, 2024, a three-judge bench of the Supreme Court delivered a landmark judgment in State Bank of India vs Consortium of Murari Lal Jalan and Florian Fristch ordering the liquidation of Jet Airways, a once-prominent Indian airline. Emphasising the time value of money, the court exercised its plenary power under Article 142 of the Constitution to set aside the NCLATs directive to forfeit the Successful Resolution Applicants infused funds of Rs200 crore and encash the Performance Bank Guarantee of Rs150 crore. This decision shows that resolution plans are serious contractual commitments and must uphold the core objectives of the IBC.20 Dec, 2024 05:55 PMTop 10 Companies That Paid Maximum Taxes in India for FY 2023
From Reliance Industries Limited to State Bank of India, from Tata Consultancy Services (TCS) to Infosys and others, know which Indian companies made it to the top 10 list of highest tax payers for the Financial Year 2023.20 Dec, 2024 03:10 PMSteel Authority of India Ltd Financials
Index Inclusions
Steel Authority of India Ltd Shareholding Pattern
| Investors | Holdings % | FY Quarter | 3M change |
|---|---|---|---|
| Promoter Holdings | 65% | 0.00 | |
| Foreign Institutions | 2.82% | ||
| Mutual Funds | 5.92% | ||
| Retail Investors | 16.15% | ||
| Others | 10.12% | 8.18 |
Steel Authority of India Ltd Key Indicators
Steel Authority of India Ltd Valuation
Steel Authority of India Ltd in the last 5 years
Lowest (2.19x)
June 20, 2022
Today (19.43x)
December 19, 2024
Industry (24.73x)
December 19, 2024
Highest (857.50x)
January 15, 2020
Steel Authority of India Ltd Earnings and Dividends
Steel Authority of India Ltd Earnings Results
Steel Authority of India Ltd’s net profit fell -31.28% since last year same period to ₹897.15Cr in the Q2 2024-2025. On a quarterly growth basis, Steel Authority of India Ltd has generated 997.03% jump in its net profits since last 3-months.
Read More about Earnings ResultsSteel Authority of India Ltd Dividends May,2024
In the quarter ending March 2024, Steel Authority of India Ltd has declared dividend of ₹1 - translating a dividend yield of 2.15%.
Read More about Dividends
Steel Authority of India Ltd Technicals Summary
Bearish
Neutral
Bullish
Steel Authority of India Ltd is currently in a Bearish trading position according to technical analysis indicators.
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Steel Authority of India Ltd (SAIL) share price today is ₹116.1
Steel Authority of India Ltd is listed on NSE
Steel Authority of India Ltd is listed on BSE
- Today’s highest price of Steel Authority of India Ltd is ₹120.86.
- Today’s lowest price of Steel Authority of India Ltd is ₹115.2.
PE Ratio of Steel Authority of India Ltd is 19.43
PE ratio = Steel Authority of India Ltd Market price per share / Steel Authority of India Ltd Earnings per share
Today’s traded volume of Steel Authority of India Ltd(SAIL) is 1.79Cr.
Today’s market capitalisation of Steel Authority of India Ltd(SAIL) is ₹49487.82Cr.
| Steel Authority of India Ltd(SAIL | Price |
|---|---|
52 Week High | ₹175.35 |
52 Week Low | ₹102.15 |
Steel Authority of India Ltd(SAIL) share price is ₹116.1. It is down -33.79% from its 52 Week High price of ₹175.35
Steel Authority of India Ltd(SAIL) share price is ₹116.1. It is up 13.66% from its 52 Week Low price of ₹102.15
| Steel Authority of India Ltd(SAIL | Returns |
|---|---|
1 Day Returns | -2.81% |
1 Month Returns | 7.52% |
3 Month Returns | -5.84% |
1 Year Returns | 14.67% |