SAIL is the Central Public Sector Undertaking (PSO) in India that was established in 1954. It is the largest steel producer in India and is based in New Delhi. It is owned by Ministry of Steel and the Government of India. In 2023, it produced 18.29 mt of steel. SAIL has several plants in different areas such as Bhilai and Rourkela. It has additional plants in Bokaro, Burnpur and Salem. The future of steel consumption in India is expected to be between 190 mt to 230 mt in 2030. SAIL is the leader in this field and will benefit a lot from the government's policies. SAIL's share price has been going up for a long time now and will continue to do so in the upcoming years. This article will provide you with a SAIL Share Price Target 2024 forecast as well as SAIL's price target in the coming years. SAIL is a Medium to Long Term Investment with a slight risk of going beyond its previous 10-year 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
(Expert Advice is recommended before making any investment-related commitment)
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
(Expert Advice is recommended before making any investment-related commitment)
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
(Expert Advice is recommended before making any investment-related commitment)
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 crore in Q2 2023. The company's net income increased by 496% YoY, while its EBITDA increased by 419% YoY. However, its Net Income and Earnings Before Interest, Taxes, and Amortization (EBITDA) decreased by 82.22% & 58.88% respectively in the same quarter.India's demand for steel is projected to grow from 190 Mt to 230 Mt by 2030, while the country's crude steel production is projected to increase from 210 Mt to 210 Mt by 2030, with a growth rate of 45%.India's government-owned Steel Authority (SAIL), which is the largest producer of steel in the country, faces competition from Tata Steel, JSW Steel, and other companies in India and globally.The company's revenue is expected to increase by 0.94% YoY and 13% Q-o-Q in 2023.SAIL Share price Target is expected to continue its upward trend and will depend on a number of factors that will determine its future growth on the NSE. Over the past 5 years, SAIL's stock price has increased by 195% in the last 5 years and by 55% in the last 12 months. SAIL Stock has increased by 42% since 6 months of August 2023 and 16% since 9th of 2024. Taking into account factors such as an increase in demand for steel due to an industrial boom in India, it is expected that SAIL, India's largest Steel manufacturer, will continue to perform at a high level. However, it is recommended that an investor thoroughly researches the company's weaknesses and strengths in various ways and then makes an investment decision based on expert advice.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.