Steel Authority of India Ltd. Share Price Today

Techno Funda Ratings

RS Rating
81
Strong
EPS Rating
76
Strong
A/D Rating
C
Moderate

Key Metrics

Current Price

₹193

Market Cap

₹ 78,990 Cr.

Stock P/E

16.4

ROE

6.43 %

RSI

59.96

Trend

Bullish

Share Price Chart

Technical Commentary

Steel Authority of India Ltd currently shows Bullish momentum based on moving averages, RSI behavior, earnings strength and institutional accumulation activity. The stock currently has an Accumulation Distribution Rating of C, a Relative Strength Rating of 81 and an EPS Rating of 76. TI65 trend indicator currently remains Bullish.

Buy or Sell Analysis

Strong Technical and Fundamental Buy Setup (High-Velocity Growth). Steel Authority of India Ltd is currently exhibiting elite market leading characteristics, characterized by a top-tier Relative Strength (RS) Rating of 81 and a robust institutional EPS Rating of 76. The stock is safely sustaining momentum in a confirmed primary uptrend above its ascending 50 DMA (172.04). With a balanced, non-overextended RSI of 59.96, the equity possesses ample clear runway for further price discovery. Strong accumulation patterns (A/D Rating: C) verify that institutional desks are actively underwriting positions. This classic growth setup offers an optimal risk-to-reward profile. Fresh entries are highly constructive on minor intra-day consolidations near the daily Pivot Point (PP), targeting an extension toward upside resistance ceilings at R1 and R2.

Company Overview

Steel Authority of India Limited (SAIL) is one of the largest steel-making companies in India and one of the Maharatnas of the countrys Central Public Sector Enterprises. SAIL produces iron and steel at five integrated plants and three special steel plants, located principally in the eastern and central regions of India and situated close to domestic sources of raw materials. SAIL manufactures and sells a broad range of steel products.(Source : Company Web-Site)

Steel Authority of India Ltd share price remains one of the actively tracked stocks on NSE among traders and long term investors.

The latest Steel Authority of India Ltd share price NSE movement reflects ongoing investor interest driven by company fundamentals, sector performance and broader market sentiment.

From a technical analysis perspective, the Steel Authority of India Ltd share price chart currently indicates a Bullish trend based on moving averages and RSI momentum analysis.

Technical Analysis

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IndicatorValue
Current Price193
RSI (14)59.96
50 DMA172.04
200 DMA163.8
TrendBullish
A/D RatingC
RS Rating81
EPS Rating76
TI651.1
TI65 TrendBullish

Pivot Points Analysis

Daily pivot points for Steel Authority of India Ltd. calculated using previous trading session data. These levels help traders identify intraday support, resistance and breakout zones using Classic Pivot Point methodology.

Classic Pivot Points

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LevelValue
R3₹209.66
R2₹205.23
R1₹199.11
PP₹194.68
S1₹188.56
S2₹184.13
S3₹178.01

Financial Ratios

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MetricValue
Market Cap₹ 78,990 Cr.
Current Price₹ 193
High / Low₹ 210 / 121
Stock P/E16.4
Book Value₹ 146
Dividend Yield1.22 %
ROCE7.79 %
ROE6.43 %
Face Value₹ 10.0

Quarterly Results

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QuarterSalesProfitOPM
Jun 202324,3592127%
Sep 202329,7121,30613%
Dec 202323,3494239%
Mar 202427,9591,12612%
Jun 202423,998829%
Sep 202424,67589712%
Dec 202424,4901428%
Mar 202529,3161,25112%
Jun 202525,92274511%
Sep 202526,7044199%
Dec 202527,3713748%
Mar 202630,8131,83514%
Jun 202626,2461,64416%

Shareholding Pattern

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HolderHolding
Promoters 75.00%
FIIs 4.26%
DIIs 16.61%
Public 4.13%
No. of Shareholders3,74,049
Government 0.00%

Pros and Cons

Pros

  • Strong technical momentum with price holding comfortably above the 50 DMA (172.04).
  • Outperforming over 70% of the entire market universe over the past 12 months.

Cons

    Related NSE Stocks

    Frequently Asked Questions

    What is the current technical trend and RSI for Steel Authority of India Ltd share?

    Based on the latest closing data, the technical momentum for Steel Authority of India Ltd is currently evaluated as Bullish. The stock is exhibiting an RSI (14) of 59.96, indicating it is trading in a neutral balanced zone. Key tracking supports are currently located near the daily pivots, with price relative to the 50 DMA (172.04) defining immediate multi-day trend patterns.

    What are the key resistance and support pivot points for Steel Authority of India Ltd?

    According to Classic Pivot Point methodologies, the core trading floor for Steel Authority of India Ltd today centers at a Pivot Point (PP) of ₹194.68. Upside resistance challenges are calculated at R1: ₹199.11, R2: ₹205.23, and R3: ₹209.66. Conversely, if selling pressure intensifies, immediate floor support targets are positioned at S1: ₹188.56, S2: ₹184.13, and S3: ₹178.01.

    How does the fundamental ROE and P/E ratio look for Steel Authority of India Ltd?

    Steel Authority of India Ltd is currently trading with a valuation metrics context of a Stock P/E of 16.4, against a core structural efficiency Return on Equity (ROE) standing at 6.43 %. This fundamental operational efficiency baseline is coupled with an EPS Rating of 76, allowing investors to track how corporate profitability trends align with current price discovery cycles on the National Stock Exchange (NSE).

    Should I buy or sell Steel Authority of India Ltd shares based on corporate rankings?

    Our dynamic trade matrix suggests a status of: Strong Technical and Fundamental Buy Setup (High-Velocity Growth). Steel Authori... For long-term portfolios, decision-making should match the stock's market performance profile, which currently displays an institutional Accumulation/Distribution (A/D) grade of C, a Relative Strength (RS) ranking of 81, and long-term trend backing from the TI65 indicator (Bullish pattern).

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