SAIL Share Price Target: In this article, you will read about SAIL Share Price Target prediction for this year’s end and the upcoming years 2024, 2025, 2027, 2030, and 2035.
By the end of this article, you may get an idea about SAIL, and the expected share price target. We will do the analysis and predict whether the stock is best for long-term investment or not.
SAIL Overview :
Steel Authority of India Limited is a central public sector undertaking based company in India. SAIL was founded in the year 1954. It’s headquarters located in New Delhi, India. It is under the ownership of the Ministry of Steel, Government of India with an annual turnover of ₹105,398 crore for the fiscal year 2022-23. Incorporated on 24 January 1973. From the below table, you can get to know all the information on its official website. SAIL has 59,350 employees.
| Name | Steel Authority of India Limited (SAIL) |
| Symbol | SAIL |
| Industry | Steel |
| Founded | 1954 |
| CEO | Soma Mondal |
| Headquarters | New Delhi, India |
| Country | India |
| Locations | Multiple locations in India |
| Website | sail.co.in |
| Profile on Wikipedia | Steel_Authority_India |
Shareholders of SAIL:
- Promoters. 65.00%
- Retail And Others. 16.73%
- Other Domestic Institutions. 10.68%
Fundamentals of SAIL:
The market cap of SAIL is ₹ 510.74B. The number of shares outstanding is 4.13B. And Earnings per share is ₹7.80. From the table below, you can get to know about the Price of the earnings Ratio (P/E), BOOK VALUE, Price to book (P/B), and many more like Dividend yield.
| Market cap | 510.74B |
| Enterprise value | ₹810,367,451,136.00 |
| Shares outstanding | 4.13B |
| P/E ratio | 15.85 |
| Forward P/E ratio | 11.97 |
| Price / Book | 0.91 |
| Book value | ₹135.59 |
| Payout ratio | 19.23% |
| Quick ratio | 0.17 |
| Current ratio | 0.83 |
| Debt / Equity | 54.83 |
| Price / Sales | 0.47 |
| Earnings per share | ₹7.80 |
| Revenue per share | ₹262.26 |
| Total cash per share | ₹1.85 |
| Forward annual dividend rate | ₹1.00 |
| Ex-Dividend date | September 20, 2023 |
| Forward annual dividend yield | 0.81% |
| Five Year Avg Dividend Yield | 3.06 |
| Total cash | 7.65B |
| Total debt | 307.14B |
| Total revenue | 1.08T |
| Return on assets | 3.04% |
| Return on equity | 5.85% |
| Gross profit | 454.03B |
| Gross margin | 44.83% |
| % Held by insiders | 65.00% |
| % Held by Institutions | 15.03% |
SAIL Share Price NSE/BSE:
SAIL Shares were listed in the (NSE) National Stock Exchange and (BSE) Bombay Stock Exchange.
SAIL shares on NSE are currently trading at around 123.35 INR, each as of December 2023. SAIL shares on BSE are currently trading at 123.60 INR.
SAIL Share Price History:
| Year | Steel Authority of India | YOY Chg% | ↑High – ↓Low |
|---|---|---|---|
| 1992 | ₹41.50 | – | ↑ ₹46.00↓ ₹40.00 |
| 1993 | ₹59.00 | 42.1% | ↑ ₹60.00↓ ₹16.00 |
| 1994 | ₹51.00 | -13.6% | ↑ ₹90.00↓ ₹47.50 |
| 1995 | ₹26.00 | -49.1% | ↑ ₹43.25↓ ₹25.00 |
| 1996 | ₹18.50 | -28.9% | ↑ ₹36.00↓ ₹15.50 |
| 1997 | ₹9.75 | -47.3% | ↑ ₹27.00↓ ₹9.25 |
| 1998 | ₹5.65 | -42.1% | ↑ ₹18.00↓ ₹4.90 |
| 1999 | ₹11.25 | 99.1% | ↑ ₹16.60↓ ₹4.75 |
| 2000 | ₹6.40 | -43.2% | ↑ ₹14.00↓ ₹4.65 |
| 2001 | ₹4.85 | -24.3% | ↑ ₹10.05↓ ₹3.95 |
| 2002 | ₹10.25 | 111.3% | ↑ ₹13.30↓ ₹4.70 |
| 2003 | ₹51.10 | 398.5% | ↑ ₹61.40↓ ₹8.70 |
| 2004 | ₹62.60 | 22.5% | ↑ ₹64.90↓ ₹20.00 |
| 2005 | ₹54.00 | -13.8% | ↑ ₹70.30↓ ₹41.80 |
| 2006 | ₹89.20 | 65.1% | ↑ ₹96.40↓ ₹49.50 |
| 2007 | ₹284.35 | 218.7% | ↑ ₹292↓ ₹82.70 |
| 2008 | ₹77.45 | -72.8% | ↑ ₹288↓ ₹55.25 |
| 2009 | ₹240.65 | 210.7% | ↑ ₹243↓ ₹70.00 |
| 2010 | ₹182.50 | -24.2% | ↑ ₹258↓ ₹167 |
| 2011 | ₹81.10 | -55.6% | ↑ ₹189↓ ₹73.00 |
| 2012 | ₹90.60 | 11.7% | ↑ ₹115↓ ₹75.80 |
| 2013 | ₹72.55 | -20% | ↑ ₹101↓ ₹37.65 |
| 2014 | ₹82.65 | 13.9% | ↑ ₹112↓ ₹54.05 |
| 2015 | ₹48.25 | -41.7% | ↑ ₹84.15↓ ₹43.35 |
| 2016 | ₹49.20 | 1.9% | ↑ ₹56.15↓ ₹33.50 |
| 2017 | ₹92.15 | 87.2% | ↑ ₹93.70↓ ₹48.90 |
| 2018 | ₹56.45 | -38.8% | ↑ ₹101↓ ₹49.05 |
| 2019 | ₹42.90 | -24.1% | ↑ ₹60.10↓ ₹29.50 |
| 2020 | ₹74.10 | 72.7% | ↑ ₹74.75↓ ₹20.15 |
| 2021 | ₹107.15 | 44.6% | ↑ ₹151↓ ₹55.30 |
| 2022 | ₹82.55 | -23% | ↑ ₹113↓ ₹63.60 |
| 2023 | ₹123.65 | 49.7% | ↑ ₹125↓ ₹77.60 |
SAIL Expected Share Price Target:
| Year | Minimum Target | Maximum Target |
|---|---|---|
| 2024 | ₹125 | ₹170 |
| 2025 | ₹170 | ₹220 |
| 2027 | ₹250 | ₹300 |
| 2030 | ₹350 | ₹400 |
| 2035 | ₹500 | ₹600 |
Also Consider Reading: ONGC Share Price Target.
SAIL Share Price Target 2024:
On the analysis we will get to know the SAIL share price target by 2024, the minimum price range of 125, and the maximum share price of 170. This range of amounts is based on the strategies of the company.
SAIL Share Price Target 2024 As Follows:
| Year | Target 1 | Target 2 |
| 2024 | 125 | 170 |
SAIL Share Price Target 2025:
The expected minimum range of SAIL share price target in 2025 is 170, and the maximum share price target is 220.
SAIL Share Price Target 2025 As Follows:
| Year | Target 1 | Target 2 |
| 2025 | 170 | 220 |
SAIL Share Price Target 2027:
The expected minimum range of SAIL share price target in 2027 is 250, and the maximum share price target is 300.
SAIL Share Price Target 2027 As Follows:
| Year | Target 1 | Target 2 |
| 2027 | 250 | 300 |
SAIL Share Price Target 2030:
Looking ahead to 2030 the expected minimum price range for SAIL shares is 350, and the maximum price range is 400.
SAIL Share Price Target 2030 As Follows:
| Year | Target 1 | Target 2 |
| 2030 | 350 | 400 |
SAIL Share Price Target 2035:
By the year 2035, the expected minimum range of SAIL share price is 500, and the maximum price range is 600.
SAIL Share Price Target 2035 As Follows:
| Year | Target 1 | Target 2 |
| 2035 | 500 | 600 |
Conclusion:
I hope you got clarity on the SAIL Share Price Target from 2024 to 2035. This is just the prediction; You need to analyze the graph to get an idea.
Disclaimer: Dear people, we would like to inform you that we are not authorized by SEBI. The share price target for SAIL is provided for educational and informational purposes only. The price predictions will only be valid when the market sign is positive. We do not recommend anyone to buy, sell, or hold any stock. Investors should make their analysis or take suggestions from their financial advisers/experts before making any investments.
FAQ
1. What is the SAIL Share Price Target for 2024?
A: The expected price target for SAIL in 2024 is 125 to 170 per share.
2. What is the SAIL Share Price Target for 2025?
A: The expected price target for SAIL in 2025 is 170 to 220 per share.
3. What is the SAIL Share Price Target for 2027?
A: The expected price target for SAIL in 2027 is 220 to 270 per share.
4. What is the SAIL Share Price Target for 2030?
A: The expected price target for SAIL in 2030 is 350 to 400 per share.
5. What is the SAIL Share Price Target for 2035?
A: The expected price target for SAIL in 2035 is 500 to 600 per share.
