New Delhi, Feb. 13 -- Steel Authority of India Ltd's (SAIL) shares have risen 10% in the past two trading days as the December quarter (Q3FY25) results did not disappoint in an otherwise weak market for metal stocks.

Metal stocks are under pressure lately as US President Donald Trump has imposed a 25% duty on all steel and aluminium imports effective 12 March.

Moreover, the SAIL stock was near lows, hitting a new 52-week low of Rs.99.15 apiece on Tuesday. Its consolidated Q3 Ebitda at Rs.2,030 crore, falling 5.3% year-on-year, yet better than the 40% decline in Q2. Ebitda is short for earnings before interest, depreciation, and amortization.

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The company's 10% drop in...