Stock Performance and Market Context
On the day the new high was recorded, SAIL’s share price demonstrated resilience despite a minor intraday dip of 0.12%. The stock remains comfortably above its key moving averages, trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. This technical positioning indicates a well-established upward trend and investor confidence in the stock’s current valuation.
Over the past year, Steel Authority Of India Ltd. has delivered a remarkable return of 52.93%, significantly outperforming the Sensex, which posted a 10.19% gain over the same period. The stock’s 52-week low was Rs.99.20, highlighting the extent of its rally and the strength of its recovery and growth trajectory.
Meanwhile, the broader market environment has been mixed. The Sensex opened lower by 265.21 points and was trading at 83,915.99, down 0.38% on the day. Despite this, the Sensex remains close to its own 52-week high of 86,159.02, just 2.67% away, and has recorded a 2.92% gain over the last three weeks. The index’s 50-day moving average is positioned above its 200-day moving average, signalling a positive medium-term trend despite the current short-term softness.
Strong fundamentals, steady climb upward! This Large Cap from Telecommunication sector earned its Reliable Performer badge through consistent execution. Safety meets solid returns here!
- - Reliable Performer certified
- - Consistent execution proven
- - Large Cap safety pick
Mojo Score and Rating Upgrade
Steel Authority Of India Ltd. currently holds a Mojo Score of 65.0, reflecting a moderate level of confidence based on a comprehensive evaluation of fundamentals, momentum, and valuation metrics. The company’s Mojo Grade was upgraded from Sell to Hold on 23 Dec 2025, signalling an improvement in its overall outlook. Despite this upgrade, the stock’s Market Cap Grade remains at 2, indicating a mid-cap classification within the ferrous metals sector.
The stock’s performance today was in line with its sector peers, maintaining its position amid sectoral fluctuations. Notably, after two consecutive days of gains, the stock experienced a slight pullback, which is typical in a sustained rally and may represent short-term profit booking.
Technical Momentum and Trend Analysis
SAIL’s trading above all major moving averages is a key technical indicator of strength. The 5-day and 20-day averages suggest short-term momentum is positive, while the 50-day, 100-day, and 200-day averages confirm a longer-term uptrend. This alignment of moving averages often attracts technical traders and supports the stock’s ability to sustain higher price levels.
The recent new 52-week high at Rs.162.95 marks a critical resistance level that has now been surpassed, potentially setting a new benchmark for the stock’s valuation range. The previous 52-week low of Rs.99.20 provides a wide trading band, illustrating the stock’s volatility and the scale of its upward movement over the past year.
Steel Authority Of India Ltd. or something better? Our SwitchER feature analyzes this mid-cap Ferrous Metals stock and recommends superior alternatives based on fundamentals, momentum, and value!
- - SwitchER analysis complete
- - Superior alternatives found
- - Multi-parameter evaluation
Sectoral and Industry Positioning
Operating within the ferrous metals industry, Steel Authority Of India Ltd. has demonstrated notable resilience and growth. The sector itself has experienced fluctuations in commodity prices and demand cycles, yet SAIL’s stock performance has outpaced many peers. The company’s ability to maintain upward momentum amid these conditions highlights its relative strength and market positioning.
While the broader Sensex index has shown a moderate upward trend over the past three weeks, SAIL’s outperformance over the last year by more than 40 percentage points emphasises its distinct trajectory. This divergence from the benchmark index underscores the stock’s unique drivers and investor focus on its fundamentals and sectoral dynamics.
Summary of Key Metrics
To summarise, Steel Authority Of India Ltd.’s key metrics as of 12 Feb 2026 are:
- New 52-week high: Rs.162.95
- 52-week low: Rs.99.20
- One-year return: 52.93%
- Mojo Score: 65.0 (Hold rating)
- Market Cap Grade: 2 (Mid-cap)
- Trading above all major moving averages (5, 20, 50, 100, 200 days)
- Day change: -0.12%
These figures collectively illustrate a stock that has gained significant ground over the past year and is currently exhibiting strong technical and fundamental characteristics.
Conclusion
Steel Authority Of India Ltd.’s attainment of a new 52-week high at Rs.162.95 marks a noteworthy milestone in its recent market journey. Supported by a solid Mojo Score upgrade, consistent trading above key moving averages, and a substantial year-on-year return, the stock’s momentum reflects its robust position within the ferrous metals sector. Despite a slight pullback following consecutive gains, the overall trend remains positive, underscoring the stock’s resilience amid broader market fluctuations.
Unlock special upgrade rates for a limited period. Start Saving Now →
