Steel Authority Of India Ltd. Hits Intraday High with 5.17% Surge on 27 Jan 2026

Intraday Trading Highlights

On 27 Jan 2026, SAIL's stock price reached an intraday peak of ₹155.5, representing a 4.47% increase from its previous close. The stock closed near its 52-week high, just 0.68% shy of the ₹156.5 mark, underscoring its strong price momentum. The day’s closing price reflected a 5.17% gain, significantly outperforming the Sensex’s 0.63% rise and the Ferrous Metals sector’s performance by 2.59%.

Trading volumes and price action indicated sustained buying interest throughout the session, with the stock maintaining levels above its key moving averages. SAIL traded above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, signalling a strong technical position in the short to long term.

Market Context and Sector Performance

The broader market environment on the day was characterised by a sharp recovery in the Sensex, which rebounded from an initial negative opening of 100.91 points to close 580.78 points higher at 82,017.57, a 0.59% gain. The S&P Bse Metal index, representing the sector to which SAIL belongs, hit a new 52-week high, reflecting robust sectoral strength.

Despite the Sensex trading below its 50-day moving average, the 50-day average remained above the 200-day average, indicating a cautiously positive medium-term trend. Mega-cap stocks led the market rally, with SAIL’s strong performance contributing to the sector’s upward momentum.

Performance Metrics and Historical Comparison

SAIL’s intraday surge is part of a broader trend of strong performance over multiple time frames. The stock has outperformed the Sensex consistently, with a 1-week gain of 7.39% compared to the Sensex’s -0.16%, and a 1-month rise of 18.03% versus the Sensex’s -3.51%. Over three months, SAIL advanced 20.16%, while the Sensex declined by 3.22%.

Longer-term performance also highlights the stock’s resilience and growth, with a 1-year return of 51.02% against the Sensex’s 8.87%, a 3-year gain of 77.54% versus 38.30%, and a 5-year increase of 172.75% compared to the Sensex’s 73.07%. Over a decade, SAIL has appreciated by 257.73%, marginally outperforming the Sensex’s 235.01% rise.

Mojo Score and Rating Update

Steel Authority Of India Ltd. holds a Mojo Score of 65.0, categorised under the 'Hold' grade as of 23 Dec 2025, an upgrade from its previous 'Sell' rating. The Market Cap Grade stands at 2, reflecting its position within the large-cap segment of the Ferrous Metals sector. This rating adjustment aligns with the stock’s recent price strength and technical indicators.

Technical Positioning and Moving Averages

SAIL’s price action today confirms its technical robustness, trading comfortably above all major moving averages. This includes the short-term 5-day and 20-day averages, as well as the medium and long-term 50-day, 100-day, and 200-day averages. Such positioning typically indicates sustained buying pressure and a positive trend across multiple time horizons.

Summary of Trading Session

SAIL’s strong intraday performance on 27 Jan 2026 was a standout feature in the Ferrous Metals sector and the broader market. The stock’s ability to close near its 52-week high, combined with a 5.17% day gain, highlights significant positive momentum. This was achieved amid a market environment where the Sensex rebounded sharply from a negative start, and the metal sector reached new highs.

The stock’s technical strength, reflected in its position above all key moving averages, supports the observed price gains. Its Mojo Score upgrade to 'Hold' from 'Sell' earlier in December 2025 further contextualises the stock’s improved market standing.

Overall, Steel Authority Of India Ltd.’s trading session was marked by decisive upward movement, outperforming both the Sensex and its sector peers, and reinforcing its status as a key player in the Ferrous Metals industry.

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