Steel Authority Of India Ltd. Sees Robust Trading Activity Amid Upgraded Outlook

Trading Volume and Value Surge

On 25 Feb 2026, SAIL witnessed a remarkable surge in trading activity, with 14,888,956 shares exchanging hands, translating to a total traded value of ₹24,340.47 lakhs. This volume represents a significant increase compared to its recent averages, underscoring the stock’s liquidity and appeal among traders. The stock opened at ₹161.55 and touched an intraday high of ₹165.58, closing near ₹164.61, marking a day gain of 3.59%. This performance notably outpaced the ferrous metals sector’s 1.26% gain and the Sensex’s modest 0.57% rise, signalling strong relative strength.

Price Momentum and Technical Strength

SAIL’s price action has been robust, hitting a new 52-week high of ₹164.80 during the session. The stock has recorded consecutive gains over the past two days, delivering a cumulative return of 5.08%. It is trading comfortably above its key moving averages — 5-day, 20-day, 50-day, 100-day, and 200-day — indicating sustained upward momentum and technical resilience. Such positioning often attracts momentum traders and institutional buyers looking for quality mid-cap opportunities in the ferrous metals space.

Institutional Interest and Delivery Volumes

Investor participation has notably intensified, as evidenced by the delivery volume of 2.11 crore shares on 24 Feb 2026, which surged by an impressive 258.97% compared to the five-day average delivery volume. This spike in delivery volumes suggests strong conviction among long-term investors and institutions, who are increasingly accumulating shares rather than engaging in short-term trading. The stock’s liquidity profile supports sizeable trade sizes, with the capacity to handle transactions worth approximately ₹7.05 crore based on 2% of the five-day average traded value.

Mojo Score Upgrade and Market Capitalisation

MarketsMOJO has upgraded SAIL’s Mojo Grade from Sell to Hold as of 23 Dec 2025, reflecting an improved outlook on the company’s fundamentals and market positioning. The current Mojo Score stands at 65.0, signalling moderate confidence in the stock’s medium-term prospects. Despite the upgrade, the Market Cap Grade remains at 2, categorising SAIL as a mid-cap stock with a market capitalisation of approximately ₹67,976.05 crore. This positioning offers a blend of growth potential and relative stability within the ferrous metals sector.

Sectoral Context and Comparative Performance

The ferrous metals sector has experienced mixed performance in recent weeks, with several stocks facing volatility due to fluctuating raw material costs and global demand uncertainties. Against this backdrop, SAIL’s outperformance by 1.87% relative to its sector peers on 25 Feb 2026 is noteworthy. The company’s ability to sustain gains and maintain strong trading volumes suggests it is benefiting from favourable operational developments or positive market sentiment, possibly linked to improved steel demand forecasts or cost efficiencies.

Large Order Flow and Institutional Accumulation

Market data indicates a substantial flow of large orders in SAIL shares, which often signals institutional accumulation. Such activity is typically a precursor to sustained price appreciation, as institutional investors tend to conduct thorough due diligence before increasing their stakes. The sharp rise in delivery volumes corroborates this trend, implying that the recent price gains are supported by genuine demand rather than speculative trading. This dynamic enhances the stock’s appeal for investors seeking quality mid-cap exposure with institutional backing.

Valuation and Risk Considerations

While SAIL’s recent price momentum and trading activity are encouraging, investors should remain mindful of valuation metrics and sector-specific risks. The ferrous metals industry is sensitive to global economic cycles, commodity price fluctuations, and regulatory changes. The current Mojo Grade of Hold suggests a cautious stance, recommending investors to monitor earnings updates and macroeconomic indicators closely. Additionally, the stock’s mid-cap status entails moderate liquidity risk compared to large-cap peers, although current trading volumes mitigate this concern to some extent.

Outlook and Investor Takeaways

SAIL’s recent trading activity and upgraded Mojo Grade position it as a stock to watch within the ferrous metals sector. The combination of strong volume, rising delivery participation, and technical strength suggests that the stock is attracting renewed investor interest. However, the Hold rating indicates that while the stock is no longer a sell, investors should weigh sector risks and valuation carefully before committing fresh capital.

For investors seeking exposure to India’s steel industry, SAIL offers a compelling blend of liquidity, institutional interest, and price momentum. Its mid-cap status provides growth potential, but also necessitates vigilance regarding market volatility and sector dynamics. Monitoring quarterly earnings, government policy changes, and global steel demand trends will be crucial in assessing the stock’s trajectory going forward.

Summary

In summary, Steel Authority Of India Ltd. has demonstrated robust trading activity on 25 Feb 2026, supported by a significant upgrade in its Mojo Grade and strong institutional buying. The stock’s outperformance relative to its sector and the broader market, combined with record delivery volumes and a new 52-week high, underscores its current market appeal. While the Hold rating advises caution, the overall outlook remains positive for investors with a medium-term horizon.

Only Rs. 9,999 - Get MojoOne for 1 Year + 3 Months FREE (60% Off) Start Today