SAIL.NS Stock Today, December 31: 3-Year Tariff Sparks Rally
SAIL share price jumped in today’s trade after India announced a three-year safeguard duty of up to 12% on flat steel imports, as reported by The Hindu. SAIL.NS hit an intraday high of ₹141.80, up about 5.2%, and was last near ₹141.02. Volume at 4.12 crore shares was roughly 2.1x its 20-day average. The levy reduces import parity pressure from China and others, supporting near‑term pricing and margins for domestic mills. Peers also firmed up as the street reassessed spreads and inventory values.
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