SAIL Shares Rally: Steel Authority of India Stock Jumps Over 3% on April 11
Shares of Steel Authority of India Ltd (SAIL) experienced a significant upward movement on the National Stock Exchange (NSE) during the trading session on April 11. The state-owned steel major saw considerable investor interest, pushing its stock price notably higher by the close of market hours.
According to the data captured at 4:24:40 PM UTC+5:30, SAIL’s stock price concluded the day at ₹108.25 per share. This represents a substantial gain of ₹3.28 compared to the previous close, translating into a percentage increase of 3.12% for the day. This positive performance brought the stock significantly above its prior closing level of ₹104.97.
The intraday trading chart for SAIL on April 11 depicted an active session. The stock opened strongly and surged early in the morning, briefly crossing the ₹110 mark. Following this initial peak, the share price saw some consolidation and volatility, trading mostly within the ₹108 to ₹109.5 range for much of the day, with a dip below ₹108 in the afternoon before settling at ₹108.25.
The robust gain of over 3% highlights positive sentiment surrounding the Steel Authority of India stock during Thursday’s trading activities on the NSE.
