SAIL Experiences Trend Reversal Amid Ongoing Market Challenges and Declining Performance
Steel Authority of India Ltd. (SAIL) experienced a notable uptick on February 4, 2025, reversing a two-day decline. Despite outperforming its sector today, SAIL remains below key moving averages and has faced a 7.79% decline over the past month amid challenging market conditions.
Steel Authority of India Ltd. (SAIL) has shown notable activity today, gaining 3.03% on February 4, 2025. This performance marks a trend reversal for the stock, which had experienced two consecutive days of decline prior to today’s uptick. The stock reached an intraday high of Rs 105.8, reflecting a 3.47% increase during the trading session.In terms of market positioning, SAIL has outperformed its sector by 1.15% today, indicating a relative strength compared to its peers. However, it is important to note that SAIL is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a longer-term bearish trend.
Over the past month, SAIL has seen a decline of 7.79%, while the broader Sensex has decreased by 1.69%. This performance highlights the challenges faced by the company in the current market environment. As a large-cap player in the steel, sponge iron, and pig iron industry, SAIL continues to navigate a complex landscape marked by fluctuating demand and pricing pressures.
{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)
{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)
Related Stock Links
- {{stockdata.stock.stock_name.value}} Analysis
- {{stockdata.stock.stock_name.value}} Technicals
- {{stockdata.stock.stock_name.value}} Quality
- {{stockdata.stock.stock_name.value}} Valuation
- {{stockdata.stock.stock_name.value}} Financial Trend
- {{stockdata.stock.stock_name.value}} Return Analysis
- {{stockdata.stock.stock_name.value}} Price Analysis
- {{stockdata.stock.stock_name.value}} Quarterly Result Analysis
- {{stockdata.stock.stock_name.value}} Half-Yearly Result Analysis
- {{stockdata.stock.stock_name.value}} Nine Monthly Result Analysis
- {{stockdata.stock.stock_name.value}} Annual Results
- {{stockdata.stock.stock_name.value}} Balance Sheet
- {{stockdata.stock.stock_name.value}} Profit & Loss
- {{stockdata.stock.stock_name.value}} Cash Flow
- {{stockdata.stock.stock_name.value}} News
- {{stockdata.stock.stock_name.value}} Announcements
- {{stockdata.stock.stock_name.value}} Share Holding
- {{stockdata.stock.stock_name.value}} Peer Comparison
Our weekly and monthly stock recommendations are here
Loading...
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Target Price
{{sm.target_price }}
({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
₹{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News
Most Read
