Intraday Price Movement and Trading Action
The stock opened with a notable gap up of 2.66%, signalling strong buying interest from the outset. Throughout the trading session, SAIL maintained upward momentum, touching an intraday peak of Rs.149.05, which represents a 5.71% increase from the previous close. This marks the highest price level the stock has achieved in the past 52 weeks, underscoring the strength of the rally.
SAIL’s price action today was supported by its position above all key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. This technical alignment suggests sustained bullish sentiment among traders and investors, reinforcing the stock’s upward trajectory.
Over the last four consecutive trading days, the stock has recorded gains, accumulating a total return of 12.35%. This streak highlights consistent buying pressure and positive market reception over the short term.
Sector and Market Context
The ferrous metals sector, encompassing steel, sponge iron, and pig iron, also experienced gains, rising by 3.06% on the day. SAIL’s outperformance relative to its sector by 2.08% indicates its leadership within the group during this session.
On the broader market front, the Sensex continued its upward trend, climbing 242.54 points to close at 85,036.12, a 0.43% increase. The index remains close to its 52-week high of 86,159.02, just 1.32% away, and is trading above its 50-day moving average, which itself is positioned above the 200-day moving average, signalling a bullish market environment.
Small-cap stocks led the market rally, with the BSE Small Cap index gaining 0.91%, reflecting broad-based buying interest across market capitalisations.
Rising fast and still accelerating! This Small Cap from FMCG sector is riding pure momentum right now. Jump in before the rally reaches its peak!
- - Accelerating price action
- - Pure momentum play
- - Pre-peak entry opportunity
Performance Metrics and Historical Returns
SAIL’s one-day gain of 4.79% significantly outpaced the Sensex’s 0.43% rise, reflecting strong relative strength. Over the past week, the stock has surged 11.97%, while the Sensex declined by 0.44%. The one-month and three-month returns for SAIL stand at 9.40%, compared to the Sensex’s negative 0.71% and positive 5.00%, respectively.
On a longer-term basis, SAIL has delivered a 30.64% return over the past year, substantially outperforming the Sensex’s 8.83% gain. Year-to-date, the stock’s performance mirrors this 30.64% increase, underscoring its sustained upward momentum throughout the year.
Over three and five years, SAIL’s returns of 78.98% and 99.39% respectively have comfortably exceeded the Sensex’s 39.77% and 78.08% gains. However, over the past decade, the Sensex’s 225.59% return has slightly outpaced SAIL’s 206.22%, indicating strong market-wide growth during this period.
Mojo Score and Rating Update
MarketsMOJO assigns Steel Authority Of India Ltd. a Mojo Score of 65.0, categorising it with a Hold grade. This represents an upgrade from the previous Sell rating, which was revised on 23 Dec 2025. The company’s market capitalisation grade stands at 2, reflecting its mid-tier market cap status within the ferrous metals sector.
The upgrade in rating aligns with the recent positive price action and improved technical indicators, signalling a more favourable outlook relative to recent months.
Is Steel Authority Of India Ltd. your best bet? SwitchER suggests better alternatives across peers, market caps, and sectors. Discover stocks that could deliver more for your portfolio!
- - Better alternatives suggested
- - Cross-sector comparison
- - Portfolio optimization tool
Summary of Trading Session
In summary, Steel Authority Of India Ltd. demonstrated a strong intraday rally on 31 Dec 2025, reaching a new 52-week high of Rs.149.05 with a 5.14% gain. The stock’s performance outpaced both its sector and the broader market indices, supported by positive technical signals and sustained buying interest over multiple sessions.
The stock’s position above all major moving averages and its consecutive days of gains highlight a robust trading environment. Meanwhile, the broader market’s bullish tone, with the Sensex nearing its own 52-week high, provided a conducive backdrop for SAIL’s advance.
Investors and market participants will note the stock’s consistent outperformance relative to the Sensex across various time frames, reflecting its resilience and strength within the ferrous metals sector.
Only Rs. 9,999 - Get MojoOne + Stock of the Week for 1 Year (MRP = Rs. 34,999) Start Saving Now →
