Steel Authority Of India Ltd. Share Price

Steel Authority Of India analysis on different parameters

JSW Steel: Record Sales Volumes in Q2,but premium valuations

SAIL: Profit Jumps 315%, but Flat Capacity

Ministry of Steel H1 FY27 Performance Update

India’s steel sector recorded steady demand-driven growth in the first half of FY27, according to data from the Ministry of Steel. Finished steel consumption rose 7.6% year-on-year to 85 million tonnes (Mt) during April–September FY27, supported by a 7.7% YoY increase in September alone to 14.4 Mt. Over the H1 FY27 period, crude steel production grew 2.9% to 85.1 Mt—against a national crude steel capacity of 223 million tonnes per annum (Mtpa)—while finished steel production expanded 4.1% to 82 Mt. Alloy steel output surged 32% to 5.83 Mt. On the trade front, finished steel exports rose 26.2% to 3.55 Mt, with total export value climbing 28.9% to ₹28,263.7 crore ($2.98 billion), led by strong demand from top destination markets including the United Arab Emirates (UAE), Vietnam, and Italy. To guide long-term structural expansion, the Ministry of Steel formulated the draft National Steel Policy (Vision 2047), targeting a total crude steel capacity of 604 Mt, per capita consumption of 302 kg, and annual exports of 45 Mt by 2047, alongside a reduction in carbon emission intensity from 2.54 to ~1.54 tonnes of CO₂ per tonne of crude steel. Sectoral operational achievements included MOIL Limited logging its highest-ever first-half manganese ore production of 0.96 Mt. Under the Green Steel Initiative, 104 steel producers received Green Steel Certificates through October 2026, with most certified products earning 5-star ratings. Additionally, state-owned mining and steel majors NMDC and Steel Authority of India Limited (SAIL) established subsidiaries at GIFT City, including NMDC Global IFSC Limited to finance overseas critical mineral acquisitions.

SAIL Q2 FY27: Profit Up 315%, EBITDA Margin Expands

📊 Steel Authority of India

PRE MARKET & Defence stocks: Keep HAL, BEL, L&T, BEML..

PRE-MARKET REPORT | 27 OCTOBER 2026 BANK NIFTY AT 54,000 | DEFENCE STOCKS IN FOCUS AFTER ₹2.12 LAKH CRORE PROCUREMENT APPROVAL Market Outlook: Cautious Opening | Selective Accumulation on Dips | Results-Driven Opportunities Indian markets may remain volatile as elevated crude oil prices, continued FII cash-market selling and global geopolitical uncertainty weigh on sentiment. However, US markets closed higher on Monday, crude has eased slightly from recent highs, and the Defence Acquisition Council's ₹2.12 lakh crore procurement approvals could keep defence stocks in focus. Bank Nifty is attempting to form a potential double bottom around 54,000. If this support holds and buying emerges, a recovery attempt could develop. However, the pattern is not confirmed until price action establishes a meaningful reversal. -->Global Cues: US Markets Higher, Crude Eases Slightly US markets: The S&P 500 gained 0.7%, the Nasdaq rose around 0.6–0.8%, and the Dow Jones advanced approximately 0.7% on Monday, supported by technology and semiconductor stocks. ---> What do the flows indicate? FIIs remained net sellers in cash equities, indicating continued pressure from foreign investors. DIIs bought ₹2,609.57 crore, helping absorb part of the selling. FII index futures and stock futures were positive, while index options and stock options were negative --->BIG TRIGGER: ₹2.12 LAKH CRORE DEFENCE PROCUREMENT APPROVAL FOCUS ON : HAL /