SAIL’s profit grew faster than Tata Steel and JSW. So why is it still cheaper?
- Posted on August 27, 2026
- By Financial Express
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- 1 min read
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SAIL’s profit grew faster than Tata Steel and JSW. So why is it still cheaper?
Steel companies benefited from strong demand conditions from user industries like auto and electrical appliances. Realisations of steel companies on a per tonne basis were also strong and helped leading steel companies to report an improved performance in the quarter. SAIL trades at a discount of 18%-39% to its larger rivals, and is it justified?
