Today, we’re going on a journey to explore the estimated SAIL Share Price Target for the years 2023 to 2050. We will use our Research and the company’s growth prospects to make a prediction. By the end of our journey, you will have a better understanding of the expected SAIL Share Price Target.
Steel Authority of India Limited (SAIL) is a public-sector steel-making company in India. It was founded in 1954 and is headquartered in New Delhi, India. SAIL produces a wide range of steel products, including hot and cold rolled sheets and coils, galvanized sheets, electrical sheets, structurals, railway products, plates, bars and rods, stainless steel, and other alloy steels.
The company has multiple locations in India. SAIL is one of the largest steel-making companies in India, with an annual production capacity of around 21 million metric tons of steel.
The company has five integrated steel plants, three special steel plants, and one subsidiary in different parts of India. SAIL’s products are used in a variety of industries, including construction, infrastructure, automotive, railways, defense, and engineering.
Overview of SAIL
Name | Steel Authority of India Limited (SAIL) |
Symbol | SAIL |
Industry | Steel |
Founded | 1954 |
CEO | Soma Mondal |
Headquarters | New Delhi, India |
Country | India |
Locations | Multiple locations in India |
Website | sail.co.in |
Profile on Wikipedia | Steel_Authority_India |
We will analyze the performance of the company’s shares in recent times and provide you with a well-researched SAIL Share price target for 2023, 2025, 2030 to 2050.
Keep an eye on SAIL’s share price today with real-time updates, and examine its performance on the stock market through comprehensive charts that display the fluctuations in SAIL’s stock price.
Additionally, we will also take into analyst recommendations from various brokerage firms, including target high price, target low price, mean recommendation, and key recommendation at the end of the article.
Above, the chart presents historical prices for SAIL stock, illustrating its trending behavior. Below, the table provides detailed data on the stock’s open, high, low, and close prices, offering a comprehensive perspective for stock analysis.
Brokerage Firms
An effective method for evaluating the SAIL share price Target is by examining research reports and analyses conducted by reputable financial institutions and brokerage firms.
DATE | AUTHOR | TARGET | TYPE |
---|---|---|---|
14 AUG 2023 | ICICI Securities Limited | 100.00 | Accum. |
14 AUG 2023 | Axis Direct | 95.00 |
Hold
|
12 AUG 2023 | BOB Capital Markets Ltd. | 90.00 |
Hold
|
29 MAY 2023 | Axis Direct | 93.00 |
Buy
|
28 MAY 2023 | ICICI Securities Limited | 92.00 | Accum. |
26 MAY 2023 | Sharekhan | 90.00 |
Hold
|
20 FEB 2023 | BOB Capital Markets Ltd. | 95.00 |
Hold
|
Fundamentals of SAIL
The fundamental analysis of SAIL Limited focuses on key factors to better understand the company’s valuation.
We will analyze the performance of the company’s shares in recent times and provide you with a well-researched SAIL price target for 2023, 2025 to 2030, based on our Research knowledge and forecasting.
Our analysis shows that SAIL’s Q1FY24 EBITDA was 38% ahead of estimates, mainly due to better-than-expected realization and lower coking coal prices. This positive trend is expected to continue in the short term, leading to a minimum target of ₹110 and a maximum target of ₹120 for 2023.
Looking ahead to 2024, SAIL’s upcoming 15mtpa brownfield capex rollout is expected to boost production and revenue. Additionally, the global steel market is projected to grow at a CAGR of 3.9% from 2021 to 2026, which will benefit SAIL as a major player in the Indian steel industry. Based on these factors, we forecast a minimum target of ₹130 and a maximum target of ₹140 for 2024.
By 2025, SAIL’s capex rollout is expected to be fully operational, leading to increased production and revenue. Furthermore, the Indian government’s focus on infrastructure development and the growing demand for steel in the automotive and construction sectors will drive SAIL’s growth. Our analysis suggests a minimum target of ₹150 and a maximum target of ₹160 for 2025.
By 2027, SAIL’s growth is expected to be driven by the Indian government’s focus on infrastructure development and the growing demand for steel in the automotive and construction sectors. Furthermore, SAIL’s focus on innovation and sustainability will improve its competitiveness. Our analysis suggests a minimum target of ₹190 and a maximum target of ₹200 for 2027.
Looking ahead to 2030, SAIL’s growth is expected to be driven by the Indian government’s ambitious infrastructure development plans, which will increase demand for steel. Additionally, SAIL’s focus on innovation and sustainability will improve its competitiveness in the global steel market. Based on these factors, we forecast a minimum target of ₹250 and a maximum target of ₹300 for 2030.
By 2035, SAIL is expected to be a major player in the global steel industry, with a focus on innovation, sustainability, and operational efficiency. The Indian government’s infrastructure development plans and the growing demand for steel in emerging markets will continue to drive SAIL’s growth. Our analysis suggests a minimum target of ₹350 and a maximum target of ₹400 for 2035.
Looking ahead to 2050, SAIL is expected to be a dominant player in the global steel industry, with a focus on innovation, sustainability, and operational efficiency. The Indian government’s infrastructure development plans and the growing demand for steel in emerging markets will continue to drive SAIL’s growth. Our analysis suggests a minimum target of ₹600 and a maximum target of ₹700 for 2050.
Analyst Recommendations
SAIL Buy or Sell
Daily Low / High
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Year | Minimum Target | Maximum Target |
---|---|---|
2023 | ₹110 | ₹120 |
2024 | ₹130 | ₹140 |
2025 | ₹150 | ₹160 |
2026 | ₹170 | ₹180 |
2027 | ₹190 | ₹200 |
2030 | ₹250 | ₹300 |
2035 | ₹350 | ₹400 |
2040 | ₹450 | ₹500 |
2050 | ₹600 | ₹700 |
– As of 3 September 2023, the current share price of SAIL is ₹97.05 Check out today’s current share price.
– Based on our analysis, the maximum share price target for SAIL in 2023 could be ₹120.
– According to Google historical data, the price of SAIL on 1 Jan 1999 was ₹6.
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I would like to remind you that I am not authorized by SEBI to provide any financial advice or recommendations. As you know, Share price prediction is not an exact science, That’s why I am conducting in-depth research and using different AI tools to predict share prices. My purpose is only educational, and I am using AI to see what the future of the stock might look like.
Disclaimer– These Share Price Targets for “SAIL Share Price Target” are only provided for informational purposes only. It does not constitute a recommendation to buy, sell, or hold SAIL stock. Investors should conduct their own research and analysis and consult with financial experts before making any investment decisions— Sharedhan.com