SAIL is the Central Public Sector Undertaking (PSU) manufacturing steel in India, established in 1954. It is the largest steel producer in the country and is based in New Delhi. SAIL is owned by the Government of India and produced 18.29 million tons of steel in the year 2023. The company has plants located in Bhilai, Rourkela, Durgapur, Bokaro, Burnpur as well as three special steel plants located in Salem,Durgapur,Bhadravathi. The future of steel consumption in India is expected to be between 190 MT - 230 MT in 2030, and SAIL is expected to benefit greatly from the government of India's policies. The company's share price has been trending positively for a long time and is expected to remain so in the coming years. This article will provide you with the SAIL Share Price Target 2024 forecast and SAIL's price target in the upcoming years. SAIL is considered a medium to long term investment with a slight risk of going beyond its previous 10-year high, according to Money Control.
SAIL Share Price Target (2024)
Month (2024) | Maximum Target | MinimumTarget |
January | Rs - | Rs - |
February | Rs 145.12 | Rs 115.7 |
March | Rs 140.55 | Rs 124.56 |
April | Rs 143.90 | Rs 126.6 |
May | Rs 154.54 | Rs 128.78 |
June | Rs 158.79 | Rs 129.50 |
July | Rs 151.46 | Rs 133.73 |
August | Rs 167.89 | Rs 136.46 |
September | Rs 168.54 | Rs 137.77 |
October | Rs 171.64 | Rs 139.57 |
November | Rs 177.56 | Rs 143.70 |
December | Rs 183.76 | Rs 140.71 |
(Expert Advice is recommended before making any investment-related commitment)
SAIL Share Price Target (2025)
Month (2025) | Maximum Target | MinimumTarget |
January | Rs 188.88 | Rs 152.95 |
February | Rs 189.45 | Rs 156.89 |
March | Rs 195.78 | Rs 163.13 |
April | Rs 201.24 | Rs 165.78 |
May | Rs 203.90 | Rs 167.34 |
June | Rs 205.00 | Rs 174.80 |
July | Rs 209.25 | Rs 178.46 |
August | Rs 213.80 | Rs 179.00 |
September | Rs 212.35 | Rs 180.54 |
October | Rs 218.67 | Rs 188.25 |
November | Rs 211.23 | Rs 185.89 |
December | Rs 219.00 | Rs 194.36 |
(Expert Advice is recommended before making any investment-related commitment)
SAIL Share Price Target (2026 to 2030)
Year | Maximum Target | Minimum Target |
2026 | Rs 252.11 | Rs 212.05 |
2027 | Rs 298.75 | Rs 260.89 |
2028 | Rs 350.99 | Rs 312.21 |
2029 | Rs 405.23 | Rs 366.67 |
2030 | Rs 456.33 | Rs 402.98 |
(Expert Advice is recommended before making any investment-related commitment)
SAIL Financials (2023)
Revenue | 1.04 Trillion INR | ⬆ 0.94% YOY |
Operating expense | 413.54 Billion INR | ⬇ -0.80% YOY |
Net Income | 21.77 Billion INR | ⬇ -82.22% YOY |
Net Profit Margin | 2.08 | ⬇ -82.42% YOY |
Earnings Per Share | 4.80 | ⬇ -84.15% |
EBITDA | 87.77 Billion INR | ⬇ -58.88% |
Effective Tax Rate | 24.75% | |
Total Assets | 1.30 Trillion INR | ⬆ 8.64% YOY |
Total Liabilities | 757.34 Billion INR | ⬆ 14.93% YOY |
Total Equity | 547.47 Billion INR |
|
Return on assets | 18.28% |
|
Return on Capital | 2.02% |
|
P/E Ratio | 16.66 |
|
Dividend Yield | 1.15% |
|
SAIL LTD Shareholding Pattern
Promoters: 65.00%
FII: 4.34%
DII: 10.25%
Mutual Funds: 5.18%
Retail & Others: 15.23%
SAIL LTD Competitors (Market Cap: 54.750 crores INR)
JSW Steel (Market Cap: 197,739.41 crores INR)
Tata Steel (Market Cap: 174,054.73 crores INR)
Hindalco (Market Cap: 130,832.95 crores INR)
Jindal Steel (Market Cap: 76,644.32 crores INR)
Jindal Stainless (Market Cap: 49,751.92 crores INR)
Points to consider before investing in SAIL NSE Stock
SAIL's profit increased by 16% year-on-year (YoY) to Rs 5,190 cr in the fiscal year 2023. The company's net income increased by 496.4 % YoY in the third quarter of 2023, while its EBITDA increased by 419.85 % YoY. However, its net income and EBITDA decreased by-82.22 % and-58.88 % respectively in the same period.
India's steel consumption is expected to grow from 190 MT in 2020 to 230 MT by 2030. India's crude steel production is expected to increase from 210 MT in 2020 to 210 MT by 2030, with a growth rate of 45%.
The government-owned SAIL will benefit from policies in the future as it is the largest producer of steel in India.
In terms of competition, the company faces competition from Tata Steel, JSW Steel, and other companies in India and globally.
SAIL Share price targe2026 is expected to continue its upward trend and will depend on a number of factors that will determine its future growth on the NSE. Over the last five years, SAIL's stock price has increased by 195%, 55% and 42% respectively since February 6, 2023, and 16% since Jan 9, 2024. Factors such as a surge in demand for steel due to an industrial boom in India are likely to keep SAIL, India's largest steel producer, on a high growth trajectory. However, it is recommended that an investor thoroughly researches the company's weaknesses and strengths in various ways before making an investment decision. Therefore, it is highly recommended to seek expert advice before investing your money into the stock market.
FAQ
What is the SAIL Share Price Target in 2025?
SAIL NSE's Share Price Target by 2025 is between Rs 219 and Rs 152.
What is the SAIL Share Price Target in 2026?
SAIL NSE's Share Price Target for the year 2026 is between Rs 252 and Rs 212.
What is the SAIL Share Price Target in 2030?
SAIL NSE's Share Price in 2030 is predicted to remain between Rs 456 and Rs 402.
What is the SAIL Share Price Target in 2024?
SAIL NSE's Share Price Target for the year 2024 is between Rs 183 and Rs 115.
Comentários