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Steel Authority of India Ltd fell for a fifth straight session today. The stock is quoting at 50.6, down 0.78% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is down around 1.5% on the day, quoting at 10533.35. The Sensex is at 35148.11, down 1.47%.Steel Authority of India Ltd has eased around 22.98% in last one month.Meanwhile, Nifty Metal index of which Steel Authority of India Ltd is a constituent, has eased around 9.71% in last one month and is currently quoting at 3071.2, down 0.49% on the day. The volume in the stock stood at 83.55 lakh shares today, compared to the daily average of 100.28 lakh shares in last one month.

The benchmark December futures contract for the stock is quoting at Rs 50.75, down 0.88% on the day. Steel Authority of India Ltd tumbled 37.76% in last one year as compared to a 2.05% rally in NIFTY and a 16.27% fall in the Nifty Metal index.

The PE of the stock is 10.99 based on TTM earnings ending September 18.

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