Analysts believe SAIL is expected to deliver improved performance ahead, driven by safeguard duty-led steel price hikes, favourable demand tailwinds, and a focus on cost optimization.
SAIL supplies 4,000 tonnes of specialised steel for INS Taragiri, strengthening India's naval shipbuilding capabilities and advancing defence indigenisation under Project 17A
Rourkela Steel Plant achieves record output across key units and improves efficiency metrics, driven by higher capacity utilisation and operational stability in FY26
Steel Authority of India Ltd (SAIL) Chairman and Managing Director Amarendu Prakash has resigned from his post, effective April 2, following approval from the steel ministry, a regulatory filing said. In the interim, company's Director (Personnel) Krishna Kumar Singh has been given additional charge of Chairman and Managing Director for three months from April 2 to July 1, 2026 or until a regular incumbent joins or until further orders, whichever is earlier, as per a steel ministry order. In a filing to the BSE, SAIL said that Prakash tendered his resignation notice to the ministry on January 2. "The Competent Authority has approved his resignation from the post of Chairman and Managing Director, SAIL w.e.f. 1 April 2026. Accordingly, Amarendu Prakash, Chairman and Managing Director, SAIL has ceased to be a member of the SAIL Board, w.e.f. 1 April, 2026," the filing said. In his resignation letter to the government, he said, "I request for an early release and commensurate notice
Shares of midcap and smallcap companies came under pressure on Monday as Rising tensions between the US-Israel and Iran have raised concerns about potential disruptions to global oil supply
SAIL share price target: ICICI Direct said that SAIL trades at a lucrative valuation vs peers with a healthy balance sheet. The brokerage has assigned 'Buy' call for a target of ₹200
Metal shares declined on Wednesday, following weakness in global markets and a broad-based risk-off sentiment triggered by escalating geopolitical tensions in West Asia
Steel Authority of India (SAIL) jumped 3.9 per cent to ₹167.20, the highest level since June 3, 2024, on the National Stock Exchange (NSE) today.
SAIL has sought detailed findings from the CCI after the regulator indicated suspicion of cartelisation among major steelmakers, prompting the PSU to initiate legal steps
Q3FY26 company results: Firms including Power Grid Corporation of India, Bajaj Auto, Bank of Baroda, Procter & Gamble Hygiene and Health Care are also to release their October-December earnings today
Steel companies are expected to deliver a robust 8-10% volume CAGR over FY25-28E, driven by strong domestic demand and capex, with safeguard duties supporting profitability, believe analysts.
CCI has sought financial statements to calculate penalties
The CCI probe into the steel industry began in 2021 after builders alleged nine firms colluded to restrict steel supply and hike prices in a criminal case
Officials said the initiative has reduced the conventional procurement lead time from six to eight months to just two months
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
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
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.
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
Stocks to buy for Diwali 2025: Bajaj Finance, Adani Power, Swiggy, SAIL, MRPL among 10 stocks that can rally up to 44% as per charts in Samvat 2082; here's a detailed outlook.
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.