SAIL Share Price Target 2024, 2025, 2027, 2030

Introduction

If you are considering which shares might be best for investment in the near future, understanding the SAIL Share Price Target is crucial. In this article, we will discuss the SAIL Share Price Target for the years 2024, 2025, 2027, and 2030. Our analysis is based on the company’s growth, performance, and expert advice.

What is SAIL Company?

Steel Authority of India Limited (SAIL) is a central public sector enterprise situated in New Delhi, India. Established on January 19, 1954, SAIL is the largest steel producer in India, owned by the Indian Government. It operates five integrated steel plants and three special steel plants.

Overview of SAIL Company

SAIL manufactures a range of iron and steel products, including hot and cold rolled sheets and coils, electrical sheets, structural steel, railway products, and plates. The company has increased its production capacity significantly over the years and holds 693 patents, with 343 being active.

Financial Data Analysis Of SAIL Company

PE Ratio (Price To Earning Ratio)

The PE Ratio of SAIL is 22.74, indicating that investors are willing to pay 22.74 times the earnings per share.

Return on Assets (ROA)

SAIL’s ROA is 1.95%, which is low and suggests limited efficiency in using its assets to generate profit.

Current Ratio

The current ratio of SAIL is 0.87, indicating that the company may have difficulties meeting its short-term obligations.

Return On Equity (ROE)

SAIL’s ROE is 3.71%, reflecting the company’s low profitability relative to shareholders’ equity.

SAIL Share Price Target 2024, 2025, 2027, 2030

SAIL Share Price Target 2024

SAIL Share Price Target 2025

SAIL Share Price Target 2027

SAIL Share Price Target 2030

How To Purchase SAIL Share?

SAIL shares can be purchased through common trading platforms such as:

• Zerodha
• Upstox
• Groww
• Angelone

Peer’s Company Of SAIL

• JSW Steel Ltd
• Jindal Steel & Power Ltd
• Tata Steel Ltd
• Aditya Ispat

Investors Types and Ratio of SAIL Company

Promoters Holding

Promoters hold 66.18% of the company’s shares.

Public Holding

The public holds 15.76% of the company’s shares.

FII (Foreign Institutional Investors)

Foreign institutional investors hold 5.04% of the company’s shares.

DII (Domestic Institutional Investors)

Domestic institutional investors hold 13.02% of the company’s shares.

Expert Forecasts on the Future of SAIL Ltd.

Various market analysts have provided insights into the future performance of SAIL shares based on their current and past financial performances, market trends, and the steel industry’s outlook. Given the company’s strategic expansions, technological advancements, and strong government backing, SAIL is expected to maintain a positive growth trajectory.

Is SAIL Stock Good To Buy? (Bull Case & Bear Case)

Bull case:

1. Strong Government Support: As a government-owned entity, SAIL benefits from various policy supports and strategic advantages.
2. Market Leadership: Being one of the largest steel producers, SAIL has a significant market share both domestically and internationally.
3. Expansion Plans: SAIL’s aggressive expansion and modernization plans are likely to enhance production capacity and operational efficiency.
4. Demand for Steel: The increasing demand for steel in construction, automotive, and infrastructure projects supports the long-term growth outlook for SAIL.

Bear case:

1. Market Volatility: Fluctuations in the global steel market can impact SAIL’s profitability.
2. High Debt Levels: SAIL’s capital-intensive operations result in high debt, which can be a concern if not managed properly.
3. Economic Downturns: Economic slowdowns can reduce demand for steel, affecting SAIL’s revenue and profitability.
4. Environmental Regulations: Increasing environmental regulations may require significant investment in compliance and sustainable practices.

Advantages and Disadvantages Of SAIL Share

Advantages

• Revenue growth of 17.25% in the last financial year.
• Positive cash conversion cycle of 0.89 days.
• Improved book value per share over the last two years.

Disadvantages

• Negative cash flow from operations, indicating potential financial instability.

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FAQ

Conclusion

In summary, SAIL presents a robust investment opportunity with its solid market position, strategic expansion plans, and growing demand for steel. While there are risks associated with market volatility and economic cycles, the company’s strong fundamentals and government backing provide a cushion against these challenges. Investors looking for long-term growth may find SAIL an attractive addition to their portfolio, but it is always advisable to consult with financial experts before making any investment decisions.

Disclaimer: The information provided here is for educational purposes only and should not be considered financial advice. Always consult with a certified financial advisor before making any investment decisions. The stock market is subject to risks, and it is important to conduct thorough research and consider all factors before investing.