Steel Authority of India Ltd gained for a third straight session today. The stock is quoting at Rs 177.06, up 1.17% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.24% on the day, quoting at 23325.6. The Sensex is at 74505.4, up 0.26%. Steel Authority of India Ltd has gained around 2.49% in last one month.

Meanwhile, Nifty Metal index of which Steel Authority of India Ltd is a constituent, has gained around 0.33% in last one month and is currently quoting at 12858.45, up 0.94% on the day. The volume in the stock stood at 42.28 lakh shares today, compared to the daily average of 244.2 lakh shares in last one month.

The benchmark September futures contract for the stock is quoting at Rs 177.58, up 1% on the day. Steel Authority of India Ltd is up 30% in last one year as compared to a 7.9% slide in NIFTY and a 29.93% slide in the Nifty Metal index.

The PE of the stock is 15.28 based on TTM earnings ending June 26.