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?
Contents
- 1 What is SAIL?
- 2 SAIL Share Price Target 2024
- 3 SAIL Share Price Target 2025
- 4 SAIL Share Price Target 2030
- 5 SAIL Share Price Target 2040
- 6 SAIL Share Price Target 2050
- 7 SAIL Share Price Target 2024, 2025, 2030, 2040, 2050
- 8 Should I Buy SAIL Stock?
- 9 SAIL Earning Results
- 10 Expert Forecasts on the Future of SAIL Ltd.
- 11 Is SAIL Stock Good To Buy? (Bull Case & Bear Case)
- 12 Bull case:
- 13 Bear case:
- 14 Conclusion
- 15 FAQs
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 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.
Year | Minimum Price | Maximum Price |
2024 | 140 | 180 |
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.
Year | Minimum Price | Maximum Price |
2025 | 180 | 205 |
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.
Year | Minimum Price | Maximum Price |
2030 | 340 | 400 |
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.
Year | Minimum Price | Maximum Price |
2040 | 451 | 505 |
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.
Year | Minimum Price | Maximum Price |
2050 | 600 | 704 |
Year | Minimum Price | Maximum Price |
2024 | 140 | 180 |
2025 | 180 | 205 |
2030 | 340 | 400 |
2040 | 451 | 505 |
2050 | 600 | 704 |
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 Period | 2023 |
Period End Date | Mar 23 |
Revenue | 29130.66 |
Total Revenue | 29130.66 |
Cost of Revenue Total | 15520.61 |
Gross Profit | 13610.05 |
Selling/ General/ Admin Expenses Total | 3438.95 |
Depreciation/ Amortization | 1364.67 |
Unusual Expense( Income) | 40.42 |
Other Operating Expenses Total | 7246.94 |
Total Operating Expense | 27611.59 |
Operating Income | 1519.07 |
Interest Inc( Exp) Net- Non- Op Total | -2429.60 |
Other Net | 285.73 |
Net Income Before Taxes | 1561.84 |
Provision for Income Taxes | 402.63 |
Net Income After Taxes | 1159.21 |
Net Income Before Extra Items | 1159.21 |
Net Income | 1159.21 |
Income Available to Com Excl Extra Ord | 1159.21 |
Income Available to Com Incl Extra Ord | 1159.21 |
Diluted Net Income | 1159.21 |
Diluted Weighted Average Shares | 411.58 |
Diluted EPS Excluding Extra Ord Items | 2.82 |
DPS- Common Stock Primary Issue | 0.50 |
Diluted Normalized EPS | 2.89 |
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.
unpredactable your price target was very realastic and reasonable