A lot of people must have invested in the share of Steel Authority of India Company and all of them would like to know about the SAIL share price target in the coming time,
In this article, according to technical analysis, financial reports, results, etc., we are going to tell what is going to be the target price of SAIL stock in the coming time,
About Steel Authority of India Limited (SAIL)
The full name of SAIL is Steel Authority of India Limited, this company was established on 24 January 1973 in New Delhi, India,
Steel Authority of India is a Government company of India engaged in the manufacturing of steel and iron-related items, etc. Is,
Bhilai Steel Plant is also a subsidiary plant of the Steel Authority of India, this company has become a popular company in the stock market in today’s time,
SAIL company is working in the field of steel for many years, the entire management of this company is done by the government of India, so most of the investors want to buy NSE: SAIL stock,
Steel Authority of India Company presents its financial quarterly report every year and all types of data of the company are included in this finance report,
Steel Authority of India’s total revenue was around Rs 25,578 crore in the 2021 quarter 4 report, SAIL submitted the quarter 1 report in 2022, in which the company received revenue of about Rs 31,283 crore,
Financial Results of Steel Authority of India Limited (price in INR) (data updated in July 2022)
- Company name – SAIL.NS – Steel Authority of India Limited
- Full Time Employees: around 154,000
- Sector(s): Basic Materials
- Industry – Steel
- Headquarters – Ispat Bhawan, Lodi Road, New Delhi, 110003, India
- Market cap. – 286.452B
- Market Cap ( for intraday) – 295.75B
- PE Ratio (TTM) – 3.48
- EPS (TTM) – 29.64
- EBITDA – 213.42B
- Trailing P/E – 2.42
- Forward P/E – 3.63
- Total Revenue – 1,034,768,400
- Total Cash (mrq) – 7.86B
- Revenue (ttm) – 1.03T
- Operating Cash Flow (ttm) – 309.87B
- Volume – 57,711,187 ( as on July 2022)
- Gross Profit – 608.66B
- Enterprise Value – 447.32B
- Avg. Volume – 34,205,622
- 1 Month Return – 4.22%
- 1 Year Return – -44.42%
- 1y Target Estimate – 83.49
- Shares Held by All Insider – 65.00%
- Shares Held by Institutions – 10.86%
- Float Held by Institutions – 31.04%
NSE: SAIL Stock Historical overview
In July 2022, the share price of Steel Authority of India was seen around Rs 69, and in July 54% of people invested in the shares of SAIL Company,
Apart from this, there are 36 percent sellers of SAIL company’s stock and 9 percent of people who hold shares of Steel Authority of India.
SAIL company was listed on the stock exchange on 1 January 1999 for Rs 6, 2008 saw an increase in the share price of the company, Steel Authority of India Company’s share price reached Rs 280 in 2008,
Steel Authority of India company’s share price saw the biggest increase between 2006 to 2011, SAIL company’s share price declined after 2011 and this decline is continuing,
SAIL share price target 2022
The company is also working on a big project related to steel, according to which the first SAIL share target 2022 price will be Rs 81.67, and the second SAIL target price 2022 can be around Rs 85.35,
Apart from the government sector, this company also works in the private sector, the amount of steel consumed in the market is done by the SAIL company,
SAIL produces all steel-related items, whatever steel work is done in Indian Railways, its products are provided by SAIL company itself.
In the case of steel in the public sector, the Steel Authority of India is considered a kind of monopoly, due to which the company earns good profits every year and the company remains in profit continuously,
SAIL stocks price target 2022
July 2022
Low price – 69.56 INR
Medium price – 70.69 INR
High price – 72.68 INR
August 2022
Low price – 69.70 INR
Medium price – 71.57 INR
High price – 72.98 INR
September 2022
Low price – 70.60 INR
Medium price – 71.89 INR
High price – 73.60 INR
October 2022
Low price – 71.83 INR
Medium price – 73.20 INR
High price – 75.61 INR
November 2022
Low price – 73.22 INR
Medium price – 75.95 INR
High price – 79.20 INR
December 2022
Low price – 75.60 INR
Medium price – 79.89 INR
High price – 84.30 INR
SAIL share price target 2023
Stock market experts believe that because of the demand for steel, there may be a change in the share price of SAIL company in the coming times, according to which the SAIL share price target will be Rs 90.49 in 2023 and another SAIL share target 2023 will be around 96.78 rupees,
Apart from the Indian market, the demand for steel in the international market is also increasing rapidly, due to which SAIL can see good results in the company’s business in the coming times.
Read also: Wipro share price target 2022, 2023, 2024, 2025, to 2040
Steel Authority of India is constantly trying to take on international projects and for this work, the Government of India is also encouraging SAIL company,
There are many such projects in India in which steel is used and all these companies are consumed by the SAIL company.
SAIL target price 2024
Steel Authority of India aims to overtake the Chinese market in the steel sector to establish the Indian market and the company has also been successful in doing so, the target of SAIL share price in 2024 will be Rs 110.62 and the second target price will be Rs 125.83,
SAIL company has a monopoly in the government sector and all government sectors where steel is used for any work, steel is being supplied by SAIL company itself, there is no interference from other company in it,
The special thing about the company is that this company has a 50% monopoly on the steel sector and this company is considered a very strong company in the market, it also gives good competition to other private companies,
By 2022-2023 we may get to hear new announcements by the Steel Authority of India and the company is constantly trying to get international projects so that it can be recognized in the international market as well,
SAIL share price target 2025
In the coming time also the demand for steel will remain in the market and most of this demand will be met by SAIL company, SAIL company can increase its profit by 4 or 5 times so that in 2025 SAIL share price target will be Rs 130 and second SAIL Share price target 2025 will be around Rs 145,
SAIL company works fast to supply steel to the market so that it can make its product available to the customer at the earliest,
The company has the largest number of old customers and private companies who have used steel-related items prefer to buy steel through the Steel Authority of India,
Steel is used in all infrastructure industries in the village and city and steel is a product in the market whose demand can never be reduced and Steel Authority of India is getting direct benefit from it,
SAIL share price prediction
2026
Target 1 price – 172.43 INR
Target 2 price – 197.62 INR
2027
Target 1 price – 215.83 INR
Target 2 price – 231.65 INR
2028
Target 1 price – 249.89 INR
Target 2 price – 287.69 INR
2029
Target 1 price – 312.40 INR
Target 2 price – 329.98 INR
Sail share price target 2030
Looking at the demand for steel, it can be said that the business of Steel Authority of India will increase in the coming time and so far the company has not suffered any loss which is a good thing, according to which the target of the SAIL share price will be Rs 342.52, and Second SAIL share price target will increase to around Rs 380.75 in 2030,
Steel is used to make many metals and in the coming time there will be a lot of demand for all metals,
According to Indian stock market experts, SAIL company can give a very good return to its shareholder in the coming time because in the coming time the company can use new technology in the steel sector,
SAIL company can announce some big projects in 2022 and 2023, which will have a direct impact on its share price,
SAIL share price target long term
2031
Target 1 price – 397.52 INR
Target 2 price – 426.47 INR
2032
Target 1 price – 438.48 INR
Target 2 price – 460.87 INR
2033
Target 1 price – 489.73 INR
Target 2 price – 510.82 INR
2034
Target 1 price – 523.92 INR
Target 2 price – 547.21 INR
2035
Target 1 price – 567.38 INR
Target 2 price – 585.70 INR
2036
Target 1 price – 605.13 INR
Target 2 price – 619.63 INR
2037
Target 1 price – 639.53 INR
Target 2 price – 672.65 INR
2038
Target 1 price – 683.73 INR
Target 2 price – 698.76 INR
2039
Target 1 price – 712.58 INR
Target 2 price – 738.78 INR
SAIL share price target 2040
The predicted price of SAIL stock in 2040 will be a minimum of Rs 745.87, an average of Rs 752.42, and a maximum of Rs 762.38.
Conclusion
Now you must have got the information about SAIL share price target and also you must have come to know a lot about Steel Authority of India,
By buying the shares of this company at a very cheap price, you can get good returns in the coming time,
this article is for information only, you should invest according to your financial advisor, read our disclaimer.
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