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Maharashtra clears 937 hectares for Gadchiroli steel expansion Steel stock surges 29% in just two days Steel output rises 14% to 9.25 MT Infrastructure boom fuels India’s steel consumption

Steel Authority of India Share Price Rises 0.24%

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Business 17 Mar 2025 05:27 PM IST Live Mint

✅ SAIL closed at ₹106.15, up 0.24% from ₹105.90.
✅ Trading range: ₹105.80 – ₹106.50.
✅ Positive investor sentiment amid stable market conditions.

Steel Authority of India Ltd. (SAIL) closed today at ₹106.15, marking a 0.24% increase from yesterday's closing price of ₹105.90. The stock traded within a range of ₹105.80 to ₹106.50 during the session, reflecting stable market interest.

Analysts suggest that the mild increase indicates positive investor sentiment despite ongoing global trade uncertainties and fluctuating steel demand. SAIL’s recent performance is seen as a sign of resilience in the domestic steel sector, with expectations of steady growth in the coming months.

Market watchers are optimistic about SAIL’s outlook, supported by strong production numbers and improving demand in infrastructure and construction sectors.