Steel Authority of India
End-of-day close · 3 Sept 2026
Recent closes
52-week range
6.1% below its high · 66.8% above its low
Steel Authority of India closed up 0.25% on 3 Sep 2026
A second consecutive up-day nudged Steel Authority of India to within about 6% of its 52-week high, extending a run that has added more than 11% over the past 20 sessions. The climb, however, is losing participation — today's turnover ran at roughly 0.7x the 20-day average, so the advance is being carried on lighter volume than the earlier leg. Stochastic near 88 and RSI at 67 place the stock in territory often associated with a mature rally rather than a fresh one, while ADX at 23 suggests the trend is present but not yet forceful. The close sits about 14% above the 50-day average and 20% above the 200-day average, keeping the broader uptrend structurally intact. Collectively, the data points to a stock pressing toward the top of its range on thinning momentum support — extended, but not yet showing signs of a turn. Past performance is not indicative of future results.
The session
₹197.00 — that is where the day ended, roughly midway through a ₹194.26–₹200.04 range. Turnover came to 1,77,23,024 shares, about 0.7× the 20-day average. Participation, in other words, was lighter than usual.
Trend structure
Every moving average on this page sits below the close — the 20-day, the 50-day, and the 200-day, the last of which stands at ₹163.64. ADX (14) reads 22.8: a trend that exists, though not a forceful one.
Momentum
Up is the short answer. RSI (14) at 67.3 sits between the conventional oversold and overbought thresholds, and the MACD histogram is positive — a statement about where the shorter average stands relative to the longer one, nothing more.
Volatility and range
A typical day lately has been worth about ₹6.90, or 3.50% of price — that is the 14-session average true range, and the measure against which today's move should be judged. The 20-day band ran ₹159.89 to ₹203.38; the close landed in its upper fifth.
The year so far
The 52-week span runs from ₹118.10 to ₹209.70, and the close sits 6.06% below the top of it and 66.81% above the bottom. Five sessions: +2.07%. Twenty sessions: +11.46%. The two horizons point the same way.
Fundamentals as reported
Market capitalisation stands at 80,471 crore, in the Basic Materials sector (Steel). As reported: price-to-earnings of 18.5, price-to-book of 1.3, debt-to-equity of 52.9, and a dividend yield of 1.22%. These are reported figures, not a verdict on them.
How often our range has been right
This page publishes a 1-day range, not a price call, and scores it against outcomes. Of 288 resolved 1-day ranges for this stock, the close fell inside the 20.0% range 79.17% of the time, and over the same window it did better than a naive benchmark. A rate below the nominal figure would mean ranges too narrow; above it, too wide. Both possibilities are shown here rather than buried in an internal report.
Company Events
Dividend - Rs 1.60 Per Share
Source: NSE public corporate announcements. Factual only — no interpretation or recommendation.
What we said, what happened
Weekly · Next 5 sessions · 30 of 40 inside the range- 6 Jul: range ₹160.48 to ₹180.26, actual ₹167.01 — inside the range
- 7 Jul: range ₹157.51 to ₹176.45, actual ₹166.45 — inside the range
- 8 Jul: range ₹154.00 to ₹171.56, actual ₹164.64 — inside the range
- 9 Jul: range ₹158.55 to ₹175.94, actual ₹163.63 — inside the range
- 10 Jul: range ₹160.11 to ₹177.17, actual ₹163.04 — inside the range
- 13 Jul: range ₹159.56 to ₹175.60, actual ₹162.64 — inside the range
- 14 Jul: range ₹159.11 to ₹174.49, actual ₹164.07 — inside the range
- 15 Jul: range ₹157.45 to ₹173.08, actual ₹161.98 — inside the range
- 16 Jul: range ₹157.25 to ₹171.56, actual ₹160.91 — inside the range
- 17 Jul: range ₹157.13 to ₹169.95, actual ₹161.45 — inside the range
- 20 Jul: range ₹156.42 to ₹169.58, actual ₹162.62 — inside the range
- 21 Jul: range ₹158.41 to ₹170.52, actual ₹165.85 — inside the range
- 22 Jul: range ₹157.13 to ₹168.74, actual ₹170.96 — outside the range
- 23 Jul: range ₹155.47 to ₹167.71, actual ₹169.05 — outside the range
- 24 Jul: range ₹155.47 to ₹168.41, actual ₹169.03 — outside the range
- 27 Jul: range ₹156.50 to ₹170.67, actual ₹165.00 — inside the range
- 28 Jul: range ₹159.65 to ₹173.25, actual ₹173.55 — outside the range
- 29 Jul: range ₹163.81 to ₹181.00, actual ₹175.50 — inside the range
- 30 Jul: range ₹162.95 to ₹178.20, actual ₹176.74 — inside the range
- 31 Jul: range ₹162.84 to ₹176.66, actual ₹176.58 — inside the range
- 3 Aug: range ₹158.39 to ₹172.54, actual ₹172.45 — inside the range
- 4 Aug: range ₹165.69 to ₹183.38, actual ₹173.00 — inside the range
- 5 Aug: range ₹167.66 to ₹185.74, actual ₹174.00 — inside the range
- 6 Aug: range ₹169.51 to ₹186.19, actual ₹168.68 — outside the range
- 7 Aug: range ₹168.31 to ₹186.71, actual ₹169.51 — inside the range
- 10 Aug: range ₹165.45 to ₹182.04, actual ₹173.60 — inside the range
- 11 Aug: range ₹165.27 to ₹180.93, actual ₹170.20 — inside the range
- 12 Aug: range ₹166.80 to ₹183.08, actual ₹172.75 — inside the range
- 13 Aug: range ₹161.47 to ₹177.64, actual ₹174.90 — inside the range
- 14 Aug: range ₹162.21 to ₹177.94, actual ₹173.46 — inside the range
- 17 Aug: range ₹166.86 to ₹182.28, actual ₹179.65 — inside the range
- 18 Aug: range ₹163.70 to ₹178.44, actual ₹184.59 — outside the range
- 19 Aug: range ₹166.33 to ₹181.78, actual ₹194.90 — outside the range
- 20 Aug: range ₹167.34 to ₹184.28, actual ₹193.00 — outside the range
- 21 Aug: range ₹165.90 to ₹183.37, actual ₹200.00 — outside the range
- 24 Aug: range ₹170.87 to ₹191.51, actual ₹195.00 — outside the range
- 25 Aug: range ₹174.22 to ₹197.50, actual ₹193.00 — inside the range
- 26 Aug: range ₹181.75 to ₹211.32, actual ₹196.50 — inside the range
- 27 Aug: range ₹180.54 to ₹208.45, actual ₹197.00 — inside the range
- 28 Aug: range ₹187.12 to ₹218.00, actual ₹196.80 — inside the range
Shaded band = the range we published · dot = where the actual close fell within it
Where outcomes fell inside the range
Calibration
291 resolved forecasts
287 resolved forecasts
Each forecast was built only from data available on its own date — no hindsight. The range comes from historical volatility; direction is not forecast.
Recent change
| 5-day change | +2.07% |
|---|---|
| 20-day change | +11.46% |
Trend
| 50-DMAaverage closing price of the last 50 sessions | ₹173.07 |
|---|---|
| 200-DMAaverage closing price of the last 200 sessions | ₹163.64 |
Momentum
| MACD histogramthe gap between two moving averages of price | 1.86 |
|---|
Volume & volatility
| Volume | 1,77,23,024 |
|---|---|
| ATR (14)the average distance the price moves in a day | ₹6.90 |
Computed from public end-of-day exchange prices. No personal or account data of any kind.