Trading Volume and Price Action
On the trading day ending 31 Dec 2025, SAIL recorded a total traded volume of 1.44 crore shares, translating to a traded value of approximately ₹208.5 crores. This volume figure significantly outpaces the stock’s recent averages, underscoring heightened investor activity. The stock opened at ₹145.10, marking a gap-up of 2.89% from the previous close of ₹141.02, and touched an intraday high of ₹147.00, a new 52-week peak. The last traded price stood at ₹144.04 as of 09:44:46 IST, reflecting a day gain of 2.30% and outperforming the Sensex’s modest 0.17% rise.
SAIL’s price action over the past four consecutive trading sessions has been notably positive, with a cumulative return of 9.33%. This sustained upward trajectory is supported by the stock trading above all key moving averages — 5-day, 20-day, 50-day, 100-day, and 200-day — indicating a strong bullish trend across multiple timeframes.
Sector and Market Context
The ferrous metals sector, encompassing steel, sponge iron, and pig iron, has also witnessed a healthy advance, gaining 2.42% on the same day. SAIL’s performance, while slightly underperforming the sector by 0.4%, remains robust given the broader market conditions. The company’s market capitalisation stands at ₹58,240 crores, placing it firmly in the mid-cap category with a market cap grade of 2.
Investor participation metrics further highlight the stock’s appeal. Delivery volume on 30 Dec 2025 surged to 1.53 crore shares, a striking 134.22% increase compared to the five-day average delivery volume. This spike in delivery volume suggests genuine accumulation by investors rather than speculative intraday trading, signalling confidence in the stock’s medium-term prospects.
Mojo Score Upgrade and Implications
MarketsMOJO’s latest assessment upgraded SAIL’s mojo grade from Sell to Hold on 23 Dec 2025, reflecting an improvement in the company’s fundamental and technical outlook. The mojo score currently stands at 65.0, indicating a neutral to moderately positive stance. This upgrade is significant as it marks a shift in sentiment, potentially attracting cautious investors looking for value in the ferrous metals space.
Fundamentals that don't lie! This Small Cap from Trading shows consistent growth and price strength over time. A reliable pick you can truly count on.
- - Strong fundamental track record
- - Consistent growth trajectory
- - Reliable price strength
Technical Signals and Accumulation/Distribution
From a technical perspective, SAIL’s consistent gains over four sessions and its position above all major moving averages indicate strong accumulation. The rising delivery volumes corroborate this, suggesting that institutional investors and long-term holders are increasing their stakes. The stock’s ability to sustain a new 52-week high at ₹147.00 further reinforces the bullish sentiment.
Liquidity remains ample, with the stock’s traded value comfortably supporting trade sizes up to ₹6.86 crores based on 2% of the five-day average traded value. This liquidity ensures that larger investors can enter or exit positions without significant price impact, a crucial factor for mid-cap stocks like SAIL.
Comparative Performance and Outlook
While SAIL’s one-day return of 2.46% slightly outpaces the sector’s 2.44% gain, it remains to be seen if this momentum can be sustained amid global steel demand fluctuations and raw material cost pressures. The ferrous metals industry is cyclical and sensitive to macroeconomic factors such as infrastructure spending, export demand, and commodity prices.
Investors should also consider the company’s fundamental metrics and quality grades alongside technical signals. The mojo grade of Hold suggests a balanced risk-reward profile, with neither a strong buy nor a sell recommendation at present. This nuanced stance is appropriate given the stock’s recent price strength but also the inherent volatility in the steel sector.
Holding Steel Authority Of India Ltd. from Ferrous Metals? See if there's a smarter choice! SwitchER compares it with peers and suggests superior options across market caps and sectors!
- - Peer comparison ready
- - Superior options identified
- - Cross market-cap analysis
Investor Takeaway
SAIL’s recent surge in volume and price, combined with an upgrade in mojo grade, highlights a stock that is attracting renewed investor interest. The strong accumulation signals and liquidity profile make it a viable candidate for investors seeking exposure to the ferrous metals sector. However, the Hold mojo grade advises a measured approach, encouraging investors to weigh sector dynamics and peer comparisons before committing fresh capital.
Given the cyclical nature of the steel industry, monitoring global demand trends, input cost inflation, and government infrastructure initiatives will be critical in assessing SAIL’s medium-term trajectory. For now, the stock’s technical and volume indicators suggest a positive near-term outlook, supported by improving fundamentals and market sentiment.
Summary
In summary, Steel Authority Of India Ltd. stands out as a high-volume, liquid mid-cap stock with a recent mojo grade upgrade to Hold. Its price momentum, rising delivery volumes, and sector tailwinds provide a compelling case for investor attention. Nonetheless, cautious optimism is warranted given the sector’s inherent volatility and the stock’s current rating. Investors should continue to monitor trading volumes and price action closely to capitalise on emerging opportunities within the ferrous metals space.
Only Rs. 9,999 - Get MojoOne + Stock of the Week for 1 Year (MRP = Rs. 34,999) Start Today
