Steel Authority of India Ltd. Shows Strong Performance Amid Broader Market Gains

Steel Authority of India Ltd. (SAIL) has shown significant activity today, gaining 5.08% as of September 3, 2025. This performance marks a notable outperformance against its sector, exceeding the Steel/Sponge Iron/Pig Iron industry's gain of 3.09% by 1.69%. Over the past three days, SAIL has demonstrated a consistent upward trend, accumulating a total return of 8.51%. The stock reached an intraday high of Rs 128.85, reflecting a 4.71% increase during the trading session. SAIL is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong short- to medium-term performance. In the broader market context, the Sensex opened positively, trading at 80,336.56, up by 138.11 points or 0.22%. While SAIL's one-day performance stands at 5.16%, the Sensex has shown a modest gain of 0.26%. Year-to-date, SAIL has outperformed the Sensex, with a return of 14.41% compared to the index's 2.85%. Over the past three years, SAIL has achieved a remarkable 63.38% increase, significantly outpacing the Sensex's 36.67%.