Steel Authority of India Limited Share Price Today

Techno Funda Ratings

RS Rating
65
Good
EPS Rating
73
Good
A/D Rating
C
Moderate

Key Metrics

Current Price

₹163.04

Market Cap

₹ 67,344 Cr.

Stock P/E

17.6

ROE

6.43 %

RSI

58.65

Trend

Bearish

Share Price Chart

Technical Commentary

Steel Authority of India Ltd currently shows Bearish 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 65 and an EPS Rating of 73. TI65 trend indicator currently remains Bearish.

Buy or Sell Analysis

Chronic Downtrend / Potential Value Trap (Neutral / Avoid). Steel Authority of India Ltd continues to trade in a weak macro layout below its 50 DMA (182.96). While a trailing Stock P/E of 17.6 might look cheap on the surface, a low baseline efficiency score (ROE: 6.43%) and a poor TI65 trend signature (Bearish) suggest the stock may be a structural value trap. The price is drifting downward without clear directional momentum, and the neutral RSI of 58.65 indicates a lack of urgent buying or selling pressure. Do not average down into this declining chart. Keep a neutral stance and preserve cash until the asset breaks above its overhead resistance ceilings (R1/R2 lines) with high institutional volume.

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 Bearish trend based on moving averages and RSI momentum analysis.

Technical Analysis

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IndicatorValue
Current Price163.04
RSI (14)58.65
50 DMA182.96
200 DMA157.52
TrendBearish
A/D RatingC
RS Rating65
EPS Rating73
TI650.91
TI65 TrendBearish

Pivot Points Analysis

Daily pivot points for Steel Authority of India Limited 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₹169.12
R2₹167.76
R1₹165.7
PP₹164.34
S1₹162.28
S2₹160.92
S3₹158.86

Financial Ratios

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MetricValue
Market Cap₹ 67,344 Cr.
Current Price₹ 163
High / Low₹ 210 / 118
Stock P/E17.6
Book Value₹ 146
Dividend Yield0.98 %
ROCE7.79 %
ROE6.43 %
Face Value₹ 10.0

Quarterly Results

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QuarterSalesProfitOPM
Mar 202329,1311,15910%
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%

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

    Cons

    • Primary trend direction remains weak, stuck underneath major defensive supply barriers.

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    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 Bearish. The stock is exhibiting an RSI (14) of 58.65, 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 (182.96) 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 ₹164.34. Upside resistance challenges are calculated at R1: ₹165.7, R2: ₹167.76, and R3: ₹169.12. Conversely, if selling pressure intensifies, immediate floor support targets are positioned at S1: ₹162.28, S2: ₹160.92, and S3: ₹158.86.

    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 17.6, 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 73, 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: Chronic Downtrend / Potential Value Trap (Neutral / Avoid). Steel Authority of I... 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 65, and long-term trend backing from the TI65 indicator (Bearish pattern).

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