Page 2 - Steel Authority of India Ltd News

Nifty Metal index hits record high, surges 27% in CY2025; here's why

At 09:55 AM; Nifty Metal index, the top gainer among sectoral indices on Monday, was up 1.5 per cent, as compared to 0.08 per cent rise in the Nifty 50.

Hindalco, Vedanta, Nalco hit record highs; what's driving metal stocks?

Metal stocks in demand: Analysts expect non-ferrous players to witness margin expansion in Q3 with LME prices continuing an uptrend compared to Q2.

Nuvama downgrades SAIL to 'Reduce' on weak steel margins, rising debt

Nuvama Institutional Equities has downgraded the Steel Authority of India (SAIL) to 'Reduce', flagging concerns around excess flat steel supply in India and weak steel margins

Stocks to Watch today, Dec 15: Swiggy, BEL, Tata Elxsi, Aurobindo Pharma

Stocks to watch today, December 15, 2025: From Tata Elxsi to Aurobindo Pharma, here is a list of stocks to keep in focus

SAIL posts 14% growth in sales in Apr-Nov despite price pressures

State-owned steel maker SAIL on Saturday said it recorded a 14 per cent year-on-year growth in sales at 12.7 million tonnes (MT) in April-November 2025, amid "price pressures and demand volatility". The Steel Authority of India Ltd (SAIL), a leading integrated player in the steel sector, had posted sales of 11.1 MT in the corresponding period last year. The company said, "This resilient performance was possible due to a strong sales strategy...despite many challenges including global price pressures and demand volatility arising from various global trade policy uncertainties and geopolitical tensions." During the eight-month period, the company said retail sales were also strong. It was at 0.97 MT, up 13 per cent from 0.86 MT in April-November 2024, supported by ongoing nationwide brand promotion campaigns. In November alone, overall sales rose 27 per cent year-on-year, while retail sales surged by 69 per cent y-o-y. SAIL, under the Ministry of Steel, owns and operates five integr

SAIL gains 4%, hits 15-month high; what's driving the PSU's stock price?

SAIL's management remains hopeful of a demand recovery in the later part of Q3 and Q4 of FY26

SAIL soars 8% on heavy volumes, hits 52-week high. Should you buy or hold?

Till 10:38 AM; a combined 90.32 million equity shares representing 2.2 per cent of total equity of SAIL changed hands on the NSE and BSE.

Jindal, Tata Steel rally up to 4%, near record highs; JSW Steel at new high

Motilal Oswal Financial upgrades Tata Steel from Neutral to BUY with a target price of ₹210 per share, while InCred Equities upgraded SAIL's rating to ADD from REDUCE, with a target price of ₹158.

InCred upgrades SAIL to 'Add', lifts target; stable outlook supports upside

Steel Authority's biggest competitive advantage remains its fully integrated raw material base, unlike private steelmakers such as Tata Steel or Jindal Steel and Power

Nifty Metal hits record, ends 3-day fall; Tata Steel, Hind Copper in focus

In the Nifty Metal index, Hindustan Copper rallied as high as 6.37 per cent, while Hindustan Zinc and Tata Steel rose 4.9 per cent and 3.4 per cent, respectively

JSW Steel, Tata Steel rally up to 4% in subdued market; hit 52-week highs

Steel stocks outlook: Moody's anticipate that steel demand in India will grow at a 5-7% CAGR until 2030, fueled by infrastructure spending, construction projects and expansion in industrial production

Hindustan Copper soars 43% in Sept; here are 2 key reasons behind rally

Spike in copper prices, extension of Rakha mining lease deed by another 20 years seems to be the key reasons behind the sharp rally in Hindustan Copper stock.

Tata Steel, SAIL, Jindal rally up to 10% in Sept; is there more steam left?

Technical charts suggests that steel stocks are favourably placed on the charts, and could see a multi-month rally with a potential upside up to 24 per cent from here.

Tata Steel hits 52-week high, SAIL rallies 3%; what's driving steel stocks?

Steel stocks in demand: In past five trading days, the BSE Metal index outperformed the market by surging 6 per cent, as against 0.98 per cent rise in BSE Sensex.

Nifty Metal index surges 3%; why Tata Steel, SAIL rallied up to 6% today?

Metal stocks were in demand on Wednesday amid buzz that the government may reallocate non-operational iron ore mines held by SAIL and OMC.