Steel Authority of India (SAIL) jumped 4.12% to Rs 87.25 after the company recorded its best ever quarterly performance in both production and sales during Q4 FY21. The Maharatna PSU's crude steel production rose 6% to 4.55 million tonnes (MT) in Q4 FY21 from 4.31 MT recorded on in Q4 FY20. The company's steel production has improved by 4% as compared to 4.37 MT steel produced in Q3 FY21. SAIL recorded 14% jump in steel sales at 4.27 MT in Q4 FY21 as against 3.74 MT in Q4 FY20. Sequentially, the company's steel sales rose 3% in Q4 FY21 from 4.15 MT in Q3 FY21. Despite the volatility in the market during the year, the determined efforts by the company to improve its volumes saw it clock its best ever annual sales at 14.87 MT, a growth of 4.4% over 14.23 MT during FY20.