SAIL is India's largest steel producer and manufacturing company. Founded in 1954, SAIL is a public-sector undertaking company owned by the Government of India. The company has its headquarters in New Delhi. In 2023, SAIL produced 18.29 mt of steel in the country. The company operates four plants: Bhilai (Bharatpur), Rourkela (Durgapur), Bokaro (Burnpur), and three dedicated steel plants (Salem, Durgaapur, Bhadravati). The future of steel consumption in India is expected to be between 190 mt and 230 mt in 2030, and SAIL is expected to benefit greatly from the government's policies. The company's share price has been trending positively for a long time, and this article will provide an analysis of SAIL share price Target 2024 and the company's price target in the coming years. SAIL is considered to be a medium-to-long-term investment with a slight risk of surpassing its previous decade's high, according to Money Control.SAIL Share Price Target (2024)
Month (2024)
Maximum Target
MinimumTarget
January
Rs -
Rs -
February
Rs 145.12
Rs 115.7
March
Rs 140.55
Rs 124.56
April
Rs 143.90
Rs 126.6
May
Rs 154.54
Rs 128.78
June
Rs 158.79
Rs 129.50
July
Rs 151.46
Rs 133.73
August
Rs 167.89
Rs 136.46
September
Rs 168.54
Rs 137.77
October
Rs 171.64
Rs 139.57
November
Rs 177.56
Rs 143.70
December
Rs 183.76
Rs 140.71
SAIL Share Price Target (2025)
Month (2025)
Maximum Target
MinimumTarget
January
Rs 188.88
Rs 152.95
February
Rs 189.45
Rs 156.89
March
Rs 195.78
Rs 163.13
April
Rs 201.24
Rs 165.78
May
Rs 203.90
Rs 167.34
June
Rs 205.00
Rs 174.80
July
Rs 209.25
Rs 178.46
August
Rs 213.80
Rs 179.00
September
Rs 212.35
Rs 180.54
October
Rs 218.67
Rs 188.25
November
Rs 211.23
Rs 185.89
December
Rs 219.00
Rs 194.36
SAIL Share Price Target (2026 to 2030)
Year
Maximum Target
Minimum Target
2026
Rs 252.11
Rs 212.05
2027
Rs 298.75
Rs 260.89
2028
Rs 350.99
Rs 312.21
2029
Rs 405.23
Rs 366.67
2030
Rs 456.33
Rs 402.98
SAIL Financials (2023)
Revenue
1.04 Trillion INR
⬆ 0.94% YOY
Operating expense
413.54 Billion INR
⬇ -0.80% YOY
Net Income
21.77 Billion INR
⬇ -82.22% YOY
Net Profit Margin
2.08
⬇ -82.42% YOY
Earnings Per Share
4.80
⬇ -84.15%
EBITDA
87.77 Billion INR
⬇ -58.88%
Effective Tax Rate
24.75%
Total Assets
1.30 Trillion INR
⬆ 8.64% YOY
Total Liabilities
757.34 Billion INR
⬆ 14.93% YOY
Total Equity
547.47 Billion INR
Return on assets
18.28%
Return on Capital
2.02%
P/E Ratio
16.66
Dividend Yield
1.15%
SAIL LTD Shareholding Pattern
Promoters: 65.00%
FII: 4.34%
DII: 10.25%
Mutual Funds: 5.18%
Retail & Others: 15.23%
SAIL LTD Competitors (Market Cap: 54.750 crores INR)
JSW Steel (Market Cap: 197,739.41 crores INR)
Tata Steel (Market Cap: 174,054.73 crores INR)
Hindalco (Market Cap: 130,832.95 crores INR)
Jindal Steel (Market Cap: 76,644.32 crores INR)
Jindal Stainless (Market Cap: 49,751.92 crores INR)
Points to consider before investing in SAIL NSE Stock
SAIL's profit increased by 16% year-on-year (YoY) to Rs 5,190 cr in the fiscal year 2023. The company's net income increased by 496.4 % YoY in the third quarter of 2023, while its EBITDA increased by 419.85 % YoY. However, its net income and EBITDA decreased by-82.22 % and-58.88 % respectively in the same period.India's steel consumption is expected to grow from 190 MT in 2020 to 230 MT by 2030. India's crude steel production is expected to increase from 210 MT in 2020 to 210 MT by 2030, with a growth rate of 45%.The government-owned SAIL will benefit from policies in the future as it is the largest producer of steel in India.In terms of competition, the company faces competition from Tata Steel, JSW Steel, and other companies in India and globally.The share price of SAIL is expected to remain on its positive trajectory for sure and will be dependent upon a lot of factors determining its future growth rate on the National Stock Exchange (NSE). In the past five years, the NSE SAIL has witnessed a growth of 195% and 55% in the last year since February 6th, 2023.
SAIL Stock has experienced a 42% jump since August 10th, 2023 (6 months) and is up by 16% since January 9th, 2024. Seeing the other factors such as a spike in Steel Demand soon due to the industrial boom in the country, ‘SAIL, ‘’India’s largest Steel manufacturer’’ performance on the stock market is expected to remain only on the towering side.
However, an investor is advised to conduct thorough research about the company’s vulnerabilities and its strengths in different ways and only then move forward with the investment-related commitment. Expert advice is highly recommended while investing your hard-earned money in the stock market.
FAQ
What is the SAIL Share Price Target in 2025?
SAIL NSE's Share Price Target by 2025 is between Rs 219 and Rs 152.
What is the SAIL Share Price Target in 2026?
SAIL NSE's Share Price Target for the year 2026 is between Rs 252 and Rs 212.
What is the SAIL Share Price Target in 2030?
SAIL NSE's Share Price in 2030 is predicted to remain between Rs 456 and Rs 402.
What is the SAIL Share Price Target in 2024?
SAIL NSE's Share Price Target for the year 2024 is between Rs 183 and Rs 115.