LiveIndia Markets Update: SAIL Share Price

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July 3, 2025: SAIL Share Price – Steel Authority of India Limited, a major player in the steel sector and classified as a Largecap on the BSE, closed today at ₹137.95. The stock witnessed intraday fluctuations between ₹137.3 and ₹139.95, reflecting active trading interest. Over the past 52 weeks, SAIL’s share price has ranged from a low of ₹99.2 to a high of ₹158.7.

In terms of recent performance, SAIL has demonstrated solid gains, with a one-day return of 0.4%, a monthly rise of 5.71%, and an impressive 16.26% growth over the last three months. These figures underscore a positive trend in investor sentiment toward the steel manufacturing giant.

Technical analysis reveals the daily pivot point at ₹139.08, with resistance levels set at ₹140.42, ₹141.08, and ₹142.42. Support levels stand at ₹138.42, ₹137.08, and ₹136.42, indicating well-defined price boundaries that traders can monitor.

Looking at moving averages, SAIL’s short-term Simple Moving Average (SMA) over five days is ₹131.23, while the Exponential Moving Average (EMA) stands at ₹131.78, both suggesting upward momentum. Extending the scope, the 10-day SMA and EMA are ₹128.88 and ₹130.75 respectively, with the 20-day averages closely aligned. Long-term averages show steady growth, with the 50-day SMA at ₹124.06 and 100-day SMA at ₹116.76, further reinforcing the stock’s upward trend.

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Comparing sector peers, SAIL has outpaced rivals such as JSW Steel in weekly returns, posting an 8.81% gain over the last week compared to JSW Steel’s 3.9%. Over a longer horizon, SAIL’s 5-year return stands at an impressive 346.4%, reflecting robust growth despite some short-term volatility.

Market analysts suggest that SAIL’s technical strength, combined with positive sector dynamics, makes it a key stock to watch for investors seeking exposure to India’s steel industry. However, cautious monitoring of resistance levels and broader market conditions is advised.

Investors are encouraged to keep an eye on upcoming industry developments and company announcements as SAIL continues to navigate a volatile yet promising steel market landscape.

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