SAIL Share Price Target 2024

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SAIL is the Central Public Sector Undertaking (PSO) in India that was established in 1954. It is the largest steel producer in India and is based in New Delhi. SAIL is owned by Ministry of Steel and the Government of India. In 2023, SAIL produced 18.29 mt of steel. It has plants in BHILAI, RURAKELA, DURAPUR, BOKARRA, and BURNPUR, as well as three dedicated steel plants in SAMEL, DURAPU, and BHADRAVATNI. The future of steel consumption in India is expected to be between 190 mt to 230 mt in 2030, and SAIL would benefit a lot from the government's policies. SAIL's share price has been trending positively for a long time now and is likely to continue doing so in the coming years. This article will provide you with a SAIL Share Price Target 2025 forecast as well as its price target over the next few years. SAIL is a mid 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 TargetMinimumTarget JanuaryRs - Rs - FebruaryRs 145.12Rs 115.7MarchRs 140.55Rs 124.56AprilRs 143.90Rs 126.6MayRs 154.54Rs 128.78JuneRs 158.79Rs 129.50JulyRs 151.46Rs 133.73AugustRs 167.89Rs 136.46SeptemberRs 168.54Rs 137.77OctoberRs 171.64Rs 139.57NovemberRs 177.56Rs 143.70DecemberRs 183.76Rs 140.71

(Expert Advice is recommended before making any investment-related commitment)

SAIL Share Price Target (2025)Month (2025)Maximum TargetMinimumTarget JanuaryRs 188.88Rs 152.95FebruaryRs 189.45Rs 156.89MarchRs 195.78Rs 163.13AprilRs 201.24Rs 165.78MayRs 203.90Rs 167.34JuneRs 205.00Rs 174.80JulyRs 209.25Rs 178.46AugustRs 213.80Rs 179.00SeptemberRs 212.35Rs 180.54OctoberRs 218.67Rs 188.25NovemberRs 211.23Rs 185.89DecemberRs 219.00Rs 194.36

(Expert Advice is recommended before making any investment-related commitment)

SAIL Share Price Target (2026 to 2030)Year Maximum TargetMinimum Target2026Rs 252.11Rs 212.052027Rs 298.75Rs 260.892028Rs 350.99Rs 312.212029Rs 405.23Rs 366.672030Rs 456.33Rs 402.98

(Expert Advice is recommended before making any investment-related commitment)

SAIL Financials (2023)Revenue1.04 Trillion INR⬆ 0.94% YOYOperating expense413.54 Billion INR⬇ -0.80% YOYNet Income21.77 Billion INR⬇ -82.22% YOYNet Profit Margin2.08 ⬇ -82.42% YOYEarnings Per Share4.80⬇ -84.15%EBITDA87.77 Billion INR⬇ -58.88%Effective Tax Rate24.75%

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  • Total Assets1.30 Trillion INR⬆ 8.64% YOYTotal Liabilities757.34 Billion INR⬆ 14.93% YOYTotal Equity547.47 Billion INR Return on assets18.28% Return on Capital2.02% P/E Ratio16.66 Dividend Yield1.15%

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 -82.2 % and -58.8 % respectively in the same period.

India's demand for steel is expected to grow from 190 Mt to 230 Mt by 2030, while the country's crude steel production is expected to increase from 210 Mt to 210 Mt with a growth of 45% YoY.

The government-owned SAIL will benefit from policies in the future as it is the largest producer of steel in India.

The company faces competition from Tata Steel, JSW Steel and others in India and globally.

SAIL Share price prediction 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 past 5 years, SAIL's stock price has increased by 195% in the last 5 years and 55% in the last 12 months since February 6, 2023. SAIL Stock has increased by 42% since August 10, 2023, and by 16% since Jan 9, 2024. Taking into account factors such as a surge in demand for steel due to the industrial growth in India, it is expected that SAIL, India's largest Steel manufacturer, will continue to perform at a high level on the stock market. However, it is recommended that an investor thoroughly researches the company's weaknesses and strengths in various ways and then makes an investment decision based on the expert advice.

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.