S.A.L Steel Ltd (SALSTEEL) is currently trading at 93.07 per share. Stock prices fluctuate during market hours on NSE and BSE based on demand, company updates, and overall market conditions. Refer to the live price chart above for the most recent price movement.

S.A.L. Steel Limited manufactures sponge iron, ferro alloys, manganese steel and operates captive power plants (including 40 MW capacity from waste heat recovery and coal-based boilers), supplying both internal requirements and selling surplus power via wheeling; the company is vertically integrated with operations near Kandla Port in Gujarat, providing logistical advantages for raw material sourcing and finished goods distribution. Financials for H1 FY2026 show total revenue of Rs.193.29 crores, down from Rs.234.23 crores in the prior H1, producing a consolidated loss of Rs.5.95 crores for the half year; the company reported a small standalone quarterly profit of Rs.3.73 crores for Q2 but overall margins remain pressured by raw material costs, power expenses and finance costs. Corporate structure is in flux: promoters Shah Alloys Limited and SAL Care Private Limited entered a share purchase agreement with Sree Metaliks Limited, while Sree Metaliks agreed to subscribe to fresh equity and warrants for Rs.99 crores, triggering an open offer that is currently in process and which could materially alter ownership and strategic direction of SAL Steel. Balance sheet shows material leverage with total borrowings around Rs.198.49 crores (non-current Rs.125 crores, current Rs.73.49 crores), negative other equity of Rs.(52.14) crores and CWIP elevated to Rs.21.40 crores; auditors issued a qualified review noting non-provisioning for electricity duty and absence of impairment for CWIP which could affect near-term reported profits. Operationally the company benefits from captive power generation via waste heat recovery and fluidized bed combustion boilers, reducing per-unit power cost and enabling surplus power sales; however underutilization, competition and dependence on a limited customer set historically linked to promoter Shah Alloys have constrained optimal production and revenue visibility.

Over the past 52 weeks, S.A.L Steel Ltd has traded between a low of ₹32.41 and a high of ₹102.40. The 52-week high and low indicate the stock’s price range over the last year and help investors understand its volatility and recent trading levels.

S.A.L Steel Ltd has a market capitalization of approximately 1,347.34. Market capitalization represents the total value of a company’s outstanding shares and helps investors understand its size, stability, and relative risk compared to other listed companies.

S.A.L Steel Ltd’s investment profile depends on its business fundamentals, valuation, and long-term outlook. The stock currently trades at a PE ratio of 70.50 and operates in the its sector sector. Investors typically assess financial performance, growth prospects, and individual risk tolerance before making investment decisions.

Based on its market capitalization of 1,347.34 Cr, S.A.L Steel Ltd is classified as a Small Cap stock. Large-cap stocks are generally more stable, while mid-cap and small-cap stocks tend to offer higher growth potential along with higher price volatility.

S.A.L Steel Ltd operates in the its sector sector. Sector classification matters because companies in the same sector are often affected by similar economic conditions, regulatory changes, and competitive dynamics, which can influence overall stock performance.

The Price-to-Earnings (PE) ratio of S.A.L Steel Ltd is 70.50. The PE ratio compares a company’s share price to its earnings and is commonly used to assess valuation. Comparing the PE ratio with sector peers and historical levels provides better context.

Sree Metaliks said the parties to the SPA could not complete the acquisition of 1.95 crore sale shares by October 13, 2026. The notice attributes this to extraordinary and supervening circumstances beyond Sree Metaliks’ control, but does not specify the circumstances.

SEBI granted the extension after Sree Metaliks applied for more time to complete the underlying transaction. The public notice cites extraordinary and supervening circumstances beyond the acquirer’s control, relating to the purchase of 1,95,00,000 sale shares under the SPA.

The exchanges sought clarification due to significant volatility in SAL Steel’s share price, and the company responded that the movement was market-driven.

S.A.L. Steel Limited announced a plan to raise a total of ₹50.74 crore (or INR 507.375 million) through a private placement.