SAIL Share Price Target 2024, 2025, 2030, 2040, 2050

SAIL, owned by the Indian government, is a big steel company in New Delhi, India. It started in January 1974. SAIL has five main steel plants in Bhilai, Rourkela, Durgapur, Bokaro, and Burnpur (Asansol), and three special steel plants in Salem, Durgapur, and Bhadravathi.

What is SAIL?

its establishment on 24 January 1973,  it has had over 65,807 employees. SAIL produces iron and steel at five integrated plants and three special steel plants, located principally in the eastern and central regions of India and situated close to domestic sources of raw materials. SAIL manufactures and sells a broad range of steel products. SAIL also manufactures bars and rods, stainless steel, and other alloy steels.

The company owns and operates integrated steel plants, special steel plants, and a ferroalloy plant in the eastern and central regions of India. It also owns and operates iron ore mines, flux mines, consultancy, and transport and shipping operations. SAIL is headquartered in New Delhi, India.

SAIL Share Price Target 2024

SAIL is a good choice for long-term investment with very small risks. It seems to be a positive trend for a long period in this stock and the same trend will continue for the upcoming years. UPs and down can be seen in the middle of the year but in the end, it will be close in positive trend.

YearMinimum PriceMaximum Price
2024140180

SAIL Share Price Target 2025

The SAIL stock has gone up by 42% since August 10th, 2023, which is about 6 months ago. It’s also increased by 16% since January 9th, 2024. This is because of the rise in demand for steel, also it is the biggest steel-making company in the world. Experts think the price of SAIL’s shares could reach Rs. 180 by January 2025. If everything goes well with the economy and the steel industry, the target price for Steel Authority of India Ltd might even reach Rs. 205 by December 2025.

YearMinimum PriceMaximum Price
2025180205

SAIL Share Price Target 2030

These are just projections and actual results can vary based on market conditions. This could be due to market factors such as liquidity, dividends, and earnings per share. The initial price target for Steel Authority of India Ltd in 2030 is projected to be ₹340. With favourable market conditions, the mid-year price target for Steel Authority of India Ltd could reach ₹340. By the end of 2030, the price target for Steel Authority of India Ltd is expected to reach ₹400, considering bullish market trends potentially.

YearMinimum PriceMaximum Price
2030340400

SAIL Share Price Target 2040

It is aimed that, it will become a big company worldwide for steel making. They’ll be focusing on new ideas, making sure they’re kind to the environment, and making their operations work even better. All this will help SAIL keep growing. Our research suggests that by 2040, the lowest amount SAIL’s stock might be worth is ₹350, and the highest could be ₹400.

YearMinimum PriceMaximum Price
2040451505

SAIL Share Price Target 2050

By 2050, it aims to be a big player in the worldwide steel business. They’ll focus on new ideas, being eco-friendly, and running smoothly. India’s plans to build more stuff and the increasing need for steel in new markets will help SAIL grow.

YearMinimum PriceMaximum Price
2050600704

SAIL Share Price Target 2024, 2025, 2030, 2040, 2050

YearMinimum PriceMaximum Price
2024140180
2025180205
2030340400
2040451505
2050600704

Should I Buy SAIL Stock?

It is used in a lot of materials due to its unique quality. This is one of the most demanding materials in the world because it’s used to make a lot of things we use every day, like cars, buildings, and appliances It’s strong, durable, and can be shaped into different forms easily. So, steel helps us build and create things that make our lives easier and safer. And day by day its demand is increasing so yes you should buy this stock with proper stop loss.

SAIL Earning Results

Fiscal Period2023
Period End DateMar 23
Revenue29130.66
Total Revenue29130.66
Cost of Revenue Total15520.61
Gross Profit13610.05
Selling/ General/ Admin Expenses Total3438.95
Depreciation/ Amortization1364.67
Unusual Expense( Income)40.42
Other Operating Expenses Total7246.94
Total Operating Expense27611.59
Operating Income1519.07
Interest Inc( Exp) Net- Non- Op Total-2429.60
Other Net285.73
Net Income Before Taxes1561.84
Provision for Income Taxes402.63
Net Income After Taxes1159.21
Net Income Before Extra Items1159.21
Net Income1159.21
Income Available to Com Excl Extra Ord1159.21
Income Available to Com Incl Extra Ord1159.21
Diluted Net Income1159.21
Diluted Weighted Average Shares411.58
Diluted EPS Excluding Extra Ord Items2.82
DPS- Common Stock Primary Issue0.50
Diluted Normalized EPS2.89

Expert Forecasts on the Future of SAIL Ltd.

Experts think SAIL Ltd. will do well in the future. They believe this because more people will need steel, and SAIL is in a good spot to provide it. But before putting money into it, it’s smart to get advice from experts who know a lot about investing.

Is SAIL Stock Good To Buy? (Bull Case & Bear Case)

Bull case:

  • More Stuff Needed: Because more buildings and things are being made, there will be more demand for steel. SAIL, being a big steel company, can make a lot of money from this.
  • Big Player: SAIL is one of the biggest steel companies in India, so it’s in a good position to do well and make profits.
  • Chance to Make Money: If SAIL keeps doing well and the steel business grows, people who buy its stock now could make some good money.

Bear case:

  • Up and Down Market: Sometimes the stock market goes crazy, and that can hurt SAIL’s stock price. Things like bad economy or government rules could make it worse.
  • Problems Making Steel: SAIL might have trouble making steel if it costs too much or if they can’t get the stuff they need. This could hurt how much money they make.
  • Tough Competition: Even though SAIL is big, there are other companies that make steel too. If these companies do better or if there’s too much steel around, SAIL might lose business and its stock might not do well.

Conclusion

you should buy SAIL shares depending on what you want to achieve with your money and how much risk you’re comfortable with. While there’s potential for growth because more steel is needed and SAIL is a big player, there are also risks like the market being uncertain and competition. So, before you decide, make sure you do your homework, think about both the good and bad, and maybe talk to someone who knows a lot about investing.

FAQs

By Continuously monitoring the stock market update, and regularly tracking the share movement.

market volatility, operational challenges faced by the company, competition from other steel manufacturers, and changes in government policies affecting the steel industry.

You can research SAIL shares by analyzing the company’s financial statements, understanding industry trends, and seeking expert advice. Additionally, you can stay updated on news and developments related to the company and the steel industry.

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