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HomePRICE TARGETSteel Authority of India (SAIL) Share Price Target 2023, 2024, 2025, 2026,...

Steel Authority of India (SAIL) Share Price Target 2023, 2024, 2025, 2026, 2030

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SAIL Share Price Target: Hello, and welcome to this article. Today, we’ll review SAIL’s operations, how it earns profits, potential growth areas, and all sorts of information regarding this business to gain a better understanding of the trend in price targets of SAIL shares.

In addition, after analyzing the company’s stock, we will share the results with you, so that you will have an idea about this stock.

The company has good growth potential, and it is a great investment option for the long term. This article will discuss SAIL Share Price Target 2023, 2024, 2025, to 2030.

Before diving into SAIL stock price targets let’s look at the SAIL company background, the technical basics, fundamental analysis, shareholders, future potential, etc.

It will help you in making a final decision about your next investment. However, first, let’s examine company’s history and its complete business structure.

Fundamental Analysis of SAIL

  • Market Cap ₹ 36,390 Cr.
  • Current Price ₹ 88.1
  • High / Low ₹ 104 / 73.8
  • Stock P/E 10.9
  • Book Value ₹ 136
  • Dividend Yield 1.70 %
  • ROCE 5.89 %
  • ROE 3.57 %
  • Face Value ₹ 10.0
  • Price to book value 0.65
  • Price to Earning 10.9
  • OPM 9.73 %
  • EPS ₹ 7.79
  • Debt ₹ 30,714 Cr.
  • Debt to equity 0.55
  • Return on equity 3.57 %
  • Return on assets 1.55 %

Steel Authority of India Limited (SAIL)

Steel Authority of India Limited (SAIL) is a major Maharatna of the country’s Central Public Sector Enterprises and is one of the largest steel-making companies across the country. 

SAIL is a public-sector steel-making company located in India. It was founded in 1954 and has its headquarters in New Delhi, India. SAIL provides a wide range of steel-related products.

These include Cold and hot-rolled steel sheets as well as galvanized sheets, coils structural steel, electrical sheets, rail products, plates, as well as rods. They also manufacture stainless steel and various alloy steels.

SAIL has several locations across India. SAIL is among the largest steel-making corporations in India with a production capacity of approximately 21 million tonnes of steel.

The company operates four integrated steel facilities, as well as three custom steel plants, as well as a subsidiary that is located in various parts of India. 

SAIL’s steel products are used in a range of industries, such as the construction industry, infrastructure, automobile railways, defense, and engineering.

SAIL has five integrated facilities and three steel plant specializations strategically located in India’s central and eastern regions, providing easy access to the domestic source for raw materials. SAIL offers a wide assortment of steel products.

It is the fourth-largest steel firm in India in terms of market capitalization which is Rs. 36,390 Crore. We’ll also look at its forecast for share prices between 2023 and 2030.

As regards profits as well as revenue SAIL has seen a dramatic increase in the past five years.

However, every investor is pondering whether SAIL is a worthy option to invest in. Let’s take a look at the numbers to figure it out.

Steel Authority of India (SAIL) Share Price Target 2023

The company’s revenues are expected to increase by a CAGR of 7-8% over the coming years.

Profit margins of the company will likely increase because of the introduction of advanced technologies and the emphasis on cost optimization.

What is SAIL Share Price Target in 2023? Share Price Target For 2023 As Follows:

20231st Target- Rs.85
2nd Target- Rs.95

Steel Authority of India (SAIL) Share Price Target 2024

SAIL is a steel industry which is extremely dependent on the global economy. Steel demand is predicted to increase in the next times, fueled by an increase in urbanization, infrastructure development manufacturing, and other operations.

What is SAIL Share Price Target in 2024? Share Price Target For 2024 As Follows:

20241st Target- Rs.100
2nd Target- Rs.124

Steel Authority of India (SAIL) Share Price Target 2025

The price of SAIL’s shares is linked to the steel industry. Demand and supply changes, as well as shifts in manufacturing, construction, as well as infrastructure construction, all contribute to the company’s overall market performance. 

The recent increase in green and sustainability initiatives has also added new variables, possibly impacting the value of SAIL.

What is SAIL Share Price Target in 2025? Share Price Target For 2025 As Follows:

20251st Target- Rs.128
2nd Target- Rs.139

Steel Authority of India (SAIL) Share Price Target 2026

The construction and automobile industries are among the major users of steel. These industries are expanding rapidly and are increasing need for the steel. 

The Steel Authority of India has also increased its capacity to meet the steel demand.

What is SAIL Share Price Target in 2026? Share Price Target For 2026 As Follows:

20261st Target- Rs.145
2nd Target- Rs.152

Steel Authority of India (SAIL) Share Price Target 2027

SAIL is a state-owned company and its future growth is tightly tied to the policies of the government. 

The Indian government’s plans to boost infrastructure development, increase manufacturing in India, and increase efficiency for business will affect SAIL’s potential growth.

What is SAIL Share Price Target in 2027? Share Price Target For 2027 As Follows:

20271st Target- Rs.155
2nd Target- Rs.161
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Steel Authority of India (SAIL) Share Price Target 2028

SAIL is determined to retain its position as the top producer of steel in India and increase its presence on the international and domestic marketplaces by working on cost efficiency and diversification of its product line, as well as sustainable methods.

What is SAIL Share Price Target in 2028? Share Price Target For 2028 As Follows:

20281st Target- Rs.165
2nd Target- Rs.172

Steel Authority of India (SAIL) Share Price Target 2030

The performance of the company was fueled by the high demand for steel in markets in the country. The company also profited from the rising cost of steel. 

SAIL plays a significant part for an important role in the Indian steel industry and assists in boosting the nation’s economic growth and growth.

What is SAIL Share Price Target in 2030? Share Price Target For 2030 As Follows:

20301st Target- Rs.270
2nd Target- Rs.298

Steel Authority of India (SAIL) Share Price Target 2035

By 2035, SAIL is predicted to be a major player within the steel industry globally, with a focus on sustainability, innovation, and efficiency in operations. 

The Indian government’s plans to develop infrastructure as well as the rising demands for steel from the emerging market will propel SAIL’s expansion.

What is SAIL Share Price Target in 2035? Share Price Target For 2035 As Follows:

20351st Target- Rs.400
2nd Target- Rs.455

Steel Authority of India (SAIL) Share Price Target 2050

Looking forward to 2050, the SAIL’s expansion is anticipated to be fueled in part by it being a part of the Indian government’s ambitious plans for infrastructure development that will drive up demands for steel. 

In addition, SAIL’s emphasis on sustainable development and innovation will boost its standing in the international steel market.

What is SAIL Share Price Target in 2050? Share Price Target For 2050 As Follows:

20501st Target- Rs.820
2nd Target- Rs.885

Shareholdings of Steel Authority of India Limited (SAIL)

  • Promoters: 65.00%
  • Retail And Others: 16.73%
  • Other Domestic Institutions: 10.68%
  • Mutual Funds: 3.90%
  • Foreign Institutions: 3.69%

Annual Result Summary of SAIL

Summary of the annual results for Steel Authority of India Limited (SAIL) :

  • Total net profit: Rs. 1,490.8 crore, an increase from 1,354.7 crore in the same quarter last year.
  • Production: 3.9 million tonnes of steel crude, an increase over 3.6 million tonnes produced in the same period last year.
  • Sales: 3.6 million tons of finished steel, an increase of 3.3 million tonnes sold in the same quarter of last year.
  • Revenue: Rs. 24,822.83 crore, an increase from an amount of Rs. 21,224.93 crore during the same period the year before.
  • Export: 713,300 tonnes of finished steel, an increase of 645,000 tonnes during the same quarter of last year.
  • EBITDA: Rs. 3,909.3 crore, an increase from the previous figure of Rs. 3,452.9 crore in the same period last year.
  • PAT: Rs. 1,490.8 crore, an increase from 1,354.7 crore in the same quarter last year.

Also Read: 300% Huge Profit; 400% Growth In A Year; This Defense Company Has Skyrocketed

Dividend History of SAIL Share

Here’s a quick overview of the SAIL Share dividend history in the last few years:

  • For 2023 Company announced a dividend in the final year of 1 rupee per share.
  • The year 2022 was the one in which the Company announced a dividend of 2.25 rupees per share.
  • In 2021 company announced a dividend in the amount of the amount of Rs. 2.50 per share.
  • The year 2020 was the last time the Company has declared an end-of-year dividend amounting to 4 rupees per share.

Joint Ventures & Subsidiaries of SAIL

Steel Authority of India Limited (SAIL) is controlled by the Indian state of India. It has numerous subsidiaries and joint ventures operating across various sectors. Some of the most notable SAIL joint ventures as well as subsidiaries SAIL include:

1. Bhilai Steel Plant – Bhilai Steel Plant is the main facility of SAIL and is one of the most notable and largest steel mills. It manufactures a variety of steel products, such as plates, rails as well as structural steel.

2. Durgapur Steel Plant – Durgapur Steel Plant makes steel products, such as structures, rails, and bars rods.

3. IISCO Steel Plant – This Steel Plant is situated in Burnpur, West Bengal. It manufactures steel products with modernized facilities following extensive expansion and modernization.

4. Rourkela Steel Plant – Rourkela Steel Plant is a different important plant for SAIL which is located at Rourkela, Odisha. It manufactures hot-rolled coils as well as cold-rolled coils and various steel products.

5. Visvesvaraya Iron and Steel Plant – Visvesvaraya Iron and Steel Plant is located in Bhadravati, Karnataka. It manufactures special-grade steels as well as Pig iron.

6. Salem Steel Plant – Salem Steel Plant can be located within Salem, Tamil Nadu. It manufactures stainless steel as well as other special steel products.

7. Alloy Steels Plant – Alloy Steels Plant is situated in Durgapur, West Bengal. It specializes in the manufacturing of special alloy steels.

8. Bokaro Steel Plant – Bokaro Steel Plant is a distinct entity, but it is a partner with SAIL. It is among India’s biggest steel mills and produces a variety of steel-related products.

9. SAIL Management Training Institute – SAIL Management Training Institute is tasked with educating and training future executives and leaders in the name of SAIL.

10. SAIL Refractory Unit – The SAIL Refractory Unit is a subordinate manufacturer of refractories that are crucial to the production of steel.

Disclaimer: Dear readers, we’d like to inform you that we are not authorized by SEBI (Securities and Exchange Board of India). The information on this site is only for informational and educational purposes and shouldn’t be considered financial advice or stock recommendations. Also, the share price predictions are completely for reference purposes. The price predictions will only be valid when there are positive signs on the market. Any uncertainty about the company’s future or the current state of the market will not be considered in this study. Though this is just for informational purposes, We are not responsible for any financial loss you might incur through the information on this site. We are here to provide timely updates about the stock market and financial products to help you make better investment choices. Do your own research before any investment.

conclusion

This article is a complete guide to SAIL Share Price Target, where you can find out what SAIL is, its businesses, and SAIL Share Price Target 2023 To 2050.

Share price forecasts are based on our analysis, research, company fundamentals and history, experiences, and various technical analyses. Also, We have talked in detail about SAIL’s future prospects and growth potential.

Hopefully, this information will help by having all the share price details of SAIL so that you can consider investing in the future. If you have any questions, please contact us in the comment box.

We will be happy to answer any questions you may have. If you like this information, share the article with as many people as possible.

FAQs

What is the SAIL Share Price Target for the next 5 years?

The SAIL Share Price Target could rise by Rs154.56 over the next five years.

What is SAIL’s Price Target for Shares after 10 years?

The value of SAIL stock could increase to Rs 248.57 in the coming 10 years.

Is SAIL Share a Good Buy for the Long Term?

If you’re looking to more than double or even triple your earnings by investing it over the long run then there’s no reason to invest in SAIL because it’s not a long-term investment. 

In addition, it’s a cyclical company. Looking at the history of this company, they have increased the amount of money invested by its shareholders over the course of 10 years. 

For short-term trades, you could consider investing in this company.

What Are The Risks of SAIL’s Share?

The major factors that influence the SAIL share price are the demand for steel in the market as well as the financial performance of the company as well as government policies that relate to the steel industry.

How Was SAIL’s Performance Over The Last Five Years?

Over the past few years, SAIL has shown steady growth in its revenue, operating profit, as well as net profits. However, SAIL is also facing challenges, including high debt as well as lower dividend payments.

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