Investors always looking for the the price target of any share for future. In this article we talk about Sail share price target 2024, 2025, 2027, 2030, 2040 & 2050 forecast. So if you looking for the price prediction of Steel Authority Of India Limited then be with this article, we discuss about it here. Read the complete article.
Steel Authority of India Limited (SAIL) is India’s largest Steel sector company owned by the Government Of India (PSU company). The company was establishment on 24 January 1973 and it has had over 65,807 employees. SAIL is India’s one of the largest steel producing company with a turnover of Rs. 50,627 crore. SAIL has five big steel plants, Bhilai (Chhattisgarh), Rourkela (Odisha), Durgapur (West Bengal), Bokaro (Jharkhand) and Burnpur (West Bengal), three special plants, and one small company in the country.
As we talk, SAIL is one of the largest steelmaking company in India, with a total of around 19.64 million metric tons per year and 18.55 million metric tons per year of steel that is ready to sell every year.
“SAIL makes iron and steel at five big factories and three special ones. These factories are mostly in the eastern and central parts of India, close to where they get the materials they need. SAIL doesn’t just make steel, they make lots of different steel products and sell them too!” The company established on 1973, founded by Hindustan Steel Limited (HSL), Shri Amarendu Prakash is the CEO of Steel Authority of India Limited. The company’s headquarter is in New Delhi.
| Founder | Ministry of Steel, Government of India |
| Founded | 24 January 1973 |
| Headquarter | New Delhi |
| Stock Exchange | SAIL |
| Sector | Steel Sector |
| CEO | Shri Amarendu Prakash |
| Current Price | ₹ 157 |
If we talk about the company’s fundamentals and profits, then this company has great fundamentals. The company is a large-cap company with ₹64,808 Cr. market cap, 19.2 PE ratio, ₹136 book value, and ₹10.0 face value. The company gave an 86.47% return in the last year and 229.70% in the last five years; that is really impressive.
The company has been maintaining a healthy dividend payout of 28.6% every year, and one more plus point is that stock is trading at 1.16 times its book value. And the company’s CAGR is around 89%. These things indicate that this company is right to invest.
| Market Cap | ₹64,808 Cr. |
| Stock Exchange | SAIL |
| Stock PE | 19.2 |
| Price | ₹136 |
| CAGR | 89% (1 year) |
| Dividend | 28.6% |
| Face Value | ₹10.0 |
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Sail share price target 2024, 2025, 2027, 2030, 2040 & 2050 forecast
Before that, let’s talk about the company’s profit and more important things. If you are looking to invest in a SAIL company or share, then we suggest you do so because this company is fundamentally strong, and one of the of the best things is that it is a public sector undertaking company (government company). First of all, understand this: it is a company that is always in demand. It produces and sells a high range of steel and steel products every year.
As per the report, 11th Feb 2024, 22 per cent fall in its consolidated net profit to Rs 422.92 crore for the quarter ended in December 2023 due to lower income. The company had posted a net profit of Rs 542.18 crore during the October-December period of 2022-23.
Sail Shareholders
| Promoters | 65.00% |
| FIIs | 3.18% |
| DIIs | 15.86% |
| Government | 0.00% |
| Public | 15.96% |
Sail share price target 2024
The expect price of SAIL at the end of the 2024, it could be around ₹198 or it can be touch around ₹205. Almost as per target it could touch ₹205.
| Month | Price Target |
| May 2024 | ₹159 |
| June 2024 | ₹165 |
| July 2024 | ₹173 |
| August 2024 | ₹178 |
| September 2024 | ₹182 |
| October 2024 | ₹188 |
| November 2024 | ₹193 |
| December 2024 | ₹198 |
Sail share price target 2025
In 2025, the price of Sail is expected to start at ₹205 in January & by the end of the year in December, it could be around ₹247.
| Month | Price Target |
| January | ₹205 |
| February | ₹209 |
| March | ₹213 |
| April | ₹208 |
| May | ₹215 |
| June | ₹219 |
| July | ₹224 |
| August | ₹228 |
| September | ₹233 |
| October | ₹237 |
| November | ₹242 |
| December | ₹247 |
Sail share price target 2027
In 2027, the price of Sail is expected to start at ₹293 in January & by the end of the year in December, it could be around ₹327.
| Month | Price Target |
| January | ₹293 |
| February | ₹299 |
| March | ₹294 |
| April | ₹290 |
| May | ₹294 |
| June | ₹298 |
| July | ₹302 |
| August | ₹307 |
| September | ₹313 |
| October | ₹318 |
| November | ₹324 |
| December | ₹327 |
Sail share price target 2030
In 2030, the price of Sail is expected to start at ₹493 in January & by the end of the year in December, it could be around ₹527.
| Month | Price Target |
| January | ₹493 |
| February | ₹499 |
| March | ₹494 |
| April | ₹490 |
| May | ₹494 |
| June | ₹498 |
| July | ₹502 |
| August | ₹507 |
| September | ₹513 |
| October | ₹518 |
| November | ₹524 |
| December | ₹527 |
Sail share price target 2040
In 2040, the price of Sail is expected to start at ₹722 in January & by the end of the year in December, it could be around ₹765.
| Month | Price Target |
| January | ₹722 |
| February | ₹727 |
| March | ₹721 |
| April | ₹724 |
| May | ₹729 |
| June | ₹732 |
| July | ₹737 |
| August | ₹742 |
| September | ₹749 |
| October | ₹753 |
| November | ₹758 |
| December | ₹765 |
Sail share price target 2050
In 2050, the price of Sail is expected to start at ₹1123 in January & by the end of the year in December, it could be around ₹1169.
| Month | Price Target |
| January | ₹1123 |
| February | ₹1127 |
| March | ₹1121 |
| April | ₹1124 |
| May | ₹1129 |
| June | ₹1132 |
| July | ₹1137 |
| August | ₹1142 |
| September | ₹1149 |
| October | ₹1153 |
| November | ₹1158 |
| December | ₹1169 |
People also ask:
Is SAIL a good buy now?
Yes, it could be good decision to buy now.
Is SAIL a good investment for long term?
Yes, this could be good decision for long term investment. The price of the stocks can increase 200-300% in future.
Is SAIL futuristic stock?
The simple answer is yes, it is.
(Conclusion: In this article, we talk about the share price target of SAIL (Sail share price target 2024, 2025, 2027, 2030, 2040, and 2050 forecast). The price of the stock can go up to 200–300% in the future. If you are a shareholder of this company, then I hope this article helps you understand the price target for the future. If you are a new investor, then please do your personal analysis or take advice from an educated broker and investor.)
Disclaimer: This is not personal recommendation to invest on SAIL. please do your analysis before investing in any stocks. Thank You!