Shares of Steel Authority of India Limited (SAIL) were in focus on Tuesday after the state-owned steelmaker reported its best-ever sales performance for the month of December, with strong domestic demand and a sharp acceleration in volumes towards the end of the calendar year. The biz update pushed SAIL shares to a fresh 52-week high range, even as broader markets are trading weak today.

SAIL share price today
SAIL share price today opened at around Rs. 152 per share, slightly higher than its previous close. However, the stock saw some profit booking during the session and was trading 2.12% lower at Rs. 147.65 at the time of writing. Despite the intraday dip, SAIL shares have gained nearly 13% over the past 30 days. The stock touched a fresh 52-week high range during the session. The stock was trading at its highest level since August 2024.
December sales hit record highs
According to the company's statement, December 2025 marked the highest-ever monthly sales performance in SAIL's history, with sales rising 37% year-on-year. The PSU steel major said the achievement was driven by strong customer deliveries, improved supply-chain efficiency, and significant inventory reduction across product categories. SAIL also reaveled that sales reached new peaks across multiple product segments and sales channels.
Sail x L&T
Sentiment around the stock was further lifted after Larsen & Toubro (L&T) announced on January 2, 2026, that its Minerals & Metals (M&M) vertical secured major EPC orders worth Rs. 5,000-10,000 crore from SAIL and other customers in the domestic metals sector.
As part of SAIL's modernisation and expansion programme, the company plans to increase the crude steel capacity of the IISCO Steel Plant at Burnpur, West Bengal, from 2.5 million tonnes per annum (MTPA) to 6.5 MTPA.
Outlook For Stock
SAIL derives around 55% of its volumes from flat steel products, with the remainder coming from long products. While this flat mix is lower than peers like Tata Steel or JSW Steel, ICICI Securities In note dated Jan 1st stated that SAIL stands to see a large margin delta because of its lower base profitability.
The brokerage gave a "Hold" rating for the stock with a target Price of Rs. 140, upgraded from Rs. 120.
About Sail
Steel Authority of India Ltd (SAIL) is India's largest government-owned steel producer, a Maharatna PSU under the Ministry of Steel with 65% GoI stake. It operates five integrated steel plants and three special steel plants, producing 18.29 million tonnes annually of flat/long products for infrastructure, railways, auto, defense, and power sectors.
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