Steel Authority of India Ltd. (SAIL) is in the spotlight following a report from Motilal Oswal, which reaffirmed its Buy rating and raised the target price to ₹225 (approximately $2.70 USD), indicating a potential upside of 17%. This decision comes on the heels of SAIL's impressive operational performance in Q4 FY26, where it reported an EBITDA of ₹4,490 crore (around $540 million USD), significantly surpassing market estimates. Additionally, the adjusted profit after tax (PAT) stood at ₹2,170 crore (approximately $260 million USD), reflecting stronger operational performance and an increase in other income. During the quarter, SAIL's crude steel production was stable at 5.1 million tonnes, while sales volume reached 5.3 million tonnes. The report also noted a decline in volume contribution from NMDC steel to merely 0.1 million tonnes, as SAIL ceased its sales of this product. Overall, the brokerage highlighted SAIL's enhanced market outreach and effective inventory liquidation as key factors in its robust performance.