S.A.L Steel Ltd Stock Hits All-Time High at Rs.45.18, Marking Remarkable Growth

Strong Price Performance and Market Outperformance

On 2 January 2026, S.A.L Steel Ltd’s stock price surged by 1.99% to close at Rs.45.18, surpassing its previous 52-week high and setting a new record. This daily gain notably outpaced the Sensex’s modest 0.37% increase, highlighting the stock’s relative strength in the broader market context. Over the past week, the stock has appreciated by 6.03%, significantly outperforming the Sensex’s 0.54% rise.

The momentum extends over longer periods as well, with the stock delivering a 21.68% return in the last month compared to the Sensex’s 0.43%. Over three months, the stock’s gains have been even more pronounced at 59.20%, dwarfing the Sensex’s 5.58% increase. The one-year performance is particularly striking, with S.A.L Steel Ltd doubling its value, registering a 100.09% return against the Sensex’s 6.95%.

Long-Term Growth and Moving Average Trends

Examining the stock’s longer-term trajectory reveals an extraordinary appreciation of 185.95% over three years and an exceptional 953.15% over five years. Over a decade, S.A.L Steel Ltd has delivered a staggering 1,224.93% return, far exceeding the Sensex’s 226.83% gain in the same period. These figures illustrate the company’s sustained growth and resilience within the ferrous metals industry.

Technical indicators further reinforce the bullish sentiment. The stock is currently trading above all key moving averages — 5-day, 20-day, 50-day, 100-day, and 200-day — signalling strong upward momentum and a positive trend across short, medium, and long-term horizons. This alignment of moving averages often reflects healthy market dynamics and investor confidence in the company’s fundamentals.

Sector and Market Capitalisation Context

S.A.L Steel Ltd operates within the Ferrous Metals industry and sector, where cyclical trends and commodity price fluctuations can influence performance. Despite these sectoral dynamics, the stock has consistently outperformed its peers and the broader market. The company’s Market Cap Grade stands at 4, indicating a moderate market capitalisation relative to its sector peers.

However, the company’s Mojo Score is 43.0, with a current Mojo Grade of Sell, downgraded from Hold as of 30 December 2025. This rating reflects a cautious stance based on MarketsMOJO’s comprehensive evaluation, which considers multiple financial and operational parameters. While the stock’s price performance has been impressive, the grade suggests that certain fundamental or valuation aspects warrant attention.

Recent Consecutive Gains and Relative Strength

The stock has recorded gains for four consecutive trading sessions, accumulating an 8.19% return during this period. This streak of positive performance has contributed significantly to the new all-time high. Additionally, S.A.L Steel Ltd outperformed its sector by 1.25% on the day of the record price, underscoring its relative strength within the ferrous metals segment.

Such consistent upward movement over multiple days is indicative of sustained buying interest and positive market sentiment. The stock’s ability to maintain levels above all major moving averages further supports the view of a strong technical foundation underpinning the price rally.

Summary of Key Metrics

To encapsulate, S.A.L Steel Ltd’s stock performance metrics as of 2 January 2026 are as follows:

• All-time high price: Rs.45.18


• Day change: +1.99%


• 1-week return: +6.03%


• 1-month return: +21.68%


• 3-month return: +59.20%


• 1-year return: +100.09%


• 3-year return: +185.95%


• 5-year return: +953.15%


• 10-year return: +1,224.93%


• Market Cap Grade: 4


• Mojo Score: 43.0


• Mojo Grade: Sell (downgraded from Hold on 30 Dec 2025)

These figures collectively highlight the company’s remarkable price appreciation and market resilience over various time frames, despite a cautious fundamental rating.

Conclusion: A Landmark Achievement in Stock Price

The attainment of an all-time high price of Rs.45.18 by S.A.L Steel Ltd marks a significant milestone in the company’s market journey. The stock’s consistent outperformance relative to the Sensex and its sector peers, combined with strong technical indicators, reflects a period of robust growth and investor confidence. While the fundamental rating suggests a measured approach, the price action and long-term returns demonstrate the company’s capacity to deliver substantial value over time.

As the stock continues to trade above key moving averages and maintain positive momentum, this record high stands as a testament to S.A.L Steel Ltd’s enduring presence in the ferrous metals industry and its ability to navigate market cycles effectively.

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