Bengaluru, July 28 -- The shares of the leading steel producer plummeted up to 5 percent in today's trading session despite the company's net profit and revenue zoomed 808 percent and 8 percent, respectively, in Q1FY26.

With a market capitalization of Rs 51,832.66 crore, the shares ofSteel Authority of India Ltd were trading at Rs 125.50 per share, decreasing around 4 percent as compared to the previous closing price of Rs 130.65 apiece.

The shares of Steel Authority of India Ltd have seen negative movement after reporting mixed results in Q1FY26. Revenue decreased by 12 percent on a quarter-on-quarter basis from Rs. 29,316 crore in Q4FY25 to Rs. 25,922 crore in Q1FY26. Further, revenue increased by 8 percent year on year, from Rs 23,99...