SAIL / Steel Authority of India Share Price Target 2022 2023 2025 2030

SAIL / Steel Authority of India Share Price Target

Mkt cap 50.39TCr

About SAIL / Steel Authority of India Limited :

Steel Authority Of India Ltd. was incorporated in the year 1973. Its today’s share price is 122. Its current market capitalisation stands at Rs 50392.41 Cr. In the latest quarter, company has reported Gross Sales of Rs. 691100.2 Cr and Total Income of Rs.701217.1 Cr. The company’s management includes MB Balakrishnan, Nidgurti Shankarappa, Krishan Kumar Gupta, Puneet Kansal, Sukriti Likhi, A Prakash, Anirban Dasgupta, Amit Sen, Harinand Rai, Soma Mondal.

52-wk high 151.30
52-wk low 34.25
P/E ratio 3.83
Div yield 4.75%

About SAIL / Steel Authority of India Limited Share: 

  • Steel Authority of India (SAIL) Ltd., incorporated in the year 1973, is a Large Cap company (having a market cap of Rs 50,392.41 Crore) operating in Metals – Ferrous sector.
  • Steel Authority of India (SAIL) Ltd. key Products/Revenue Segments include Iron & Steel, By Products, Other Operating Revenue and Service Charges for the year ending 31-Mar-2021.
  • For the quarter ended 30-09-2021, the company has reported a Consolidated Total Income of Rs 27,007.02 Crore, up 30.12 % from last quarter Total Income of Rs 20,754.75 Crore and up 57.96 % from last year same quarter Total Income of Rs 17,097.57 Crore.
  • Company has reported net profit after tax of Rs 4,261.91 Crore in latest quarter.
  • The company’s top management includes Ms.Soma Mondal, Mr.Krishan Kumar Gupta, Mr.N Shankarappa, Mr.Harinand Rai, Mr.Amit Sen, Mr.Anirban Dasgupta, Mr.Amarendu Prakash, Mr.Puneet Kansal, Mr.Sukriti Likhi.

 

SAIL Share Price Target 2021 Q4

  • November 2021 – 125.20 Rs
  • December 2021 – 127.50 Rs

 

SAIL share price target 2022

  1. 2022 Jan – 120.00 Rs
  2. 2022 Feb – 126.10 Rs
  3. 2022 Mar – 130.50 Rs
  4. 2022 Apr – 133.10 Rs
  5. 2022 May – 137.65 Rs
  6. 2022 Jun –  138.35 Rs
  7. 2022 Jul –  142.15 Rs
  8. 2022 Aug – 145.05 Rs
  9. 2022 Sep –  149.89 Rs
  10. 2022 Oct – 140.35 Rs
  11. 2022 Nov –  135.95 Rs
  12. 2022 Dec –  142.26 Rs

SAIL share price target 2023  – 125.25 Rs 

SAIL share price target 2024 –  159.15 Rs

SAIL share price target 2025 –  180.50 Rs

SAIL share price target 2026 –  210.30 Rs

SAIL share price target 2027 –  215.35 Rs

SAIL share price target 2028 – 290.20 Rs

SAIL share price target 2029 – 385. 80 Rs

Sail share price target 2030 – 495.00 Rs

 

Sail share price target 2022

 

The way the demand for steel is increasing continuously in the domestic market as well as in the international market, due to this all the companies related to the sector are showing tremendous growth. Also, being India’s largest steel producer company SAIL (Steel Authority of India), it is being seen to take maximum advantage of this demand.

Considering the ever-increasing demand for steel, many analysts believe that the demand is expected to remain the same for the coming few years. Because of which you can see good growth in the business of Sail in the coming days along with a good jump in the share price.

If the demand continues to increase like this, then by 2022, you can see the first target of 160 rupees getting interest soon. As soon as this target is seen to be of interest, you can think of another target to hold Rs 172.

 

Sail share price target 2023

In India, many big projects related to infrastructure were seen to be closed for the last two years due to the pandemic. Due to which in the coming days you are going to see the government ending the infra project fast.

Due to which SAIL, the government company of the government of the steel sector, will always be seen taking the leading role. At the same time, the way the demand for steel is increasing more than the production, in view of the same, there is a hope of good growth for the company of this sector.

In the coming time, as more and more projects will be seen being completed by 2023, you can see the first target of Rs 210 showing good growth in the share price of Sail as well. After that you can see the second target for Rs 222.

 

Sail share price target 2025

A few years ago, China used to export the largest amount of steel to the whole world, but now unlike it, it is importing the largest amount of steel in the world. Due to which the Indian company is seeing a golden opportunity to take major profits in the steel sector all over the world.

Therefore, the management of Sail seems to be making many plans to catch this growing market all over the world. With the benefit of which you will get to see the business of the company.

As the company’s market will increase, Sail share price target 2025 is going to show you the first target of Rs 300 with good bounce. Then the second target you can stop to be Rs 325 interest.

 

Sail share price target 2030

As you know, the government is trying to strengthen the work related to the infrastructure side by side, whether it is a village or a city. The plan of the government is to invest more and more money in the coming years to complete all the big projects like laying of pipelines, gas distribution, railway lines.

Steel is going to be needed the most to complete all these projects. As soon as the government will be seen starting these big projects, you are expected to show tremendous growth in the steel sector company Sail.

Looking at the work of these big projects to come, as Sail’s business grows in the long run till 2030, the share price looks very likely to show you around Rs 750.

 

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SAIL Share Future

Looking at the business of Sail, the stock is definitely expected to show good performance in future. Being a government company, in the coming years, under many schemes of the government, Sail’s business gets full possibility of getting financial help whenever it is needed.

Also, the fundamentals of the company are very strong, due to which the holding position of FIIs and DIIs seems to be strengthening every year. Therefore, if you are planning to invest in the steel sector, then you can definitely keep an eye on this stock.

The company also gives a good amount of dividend to its shareholders every year, if you stay invested for a long time, then you can earn good returns from dividend as well.

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