Steel Authority of India Ltd (SAIL) is one of India’s largest steel-making companies. SAIL Share Price on NSE as of 17 September 2024 is 131.70 INR. On this page, you will find SAIL Share Price Target 2024, 2025, 2026, 2027 to 2030 as well as SAIL share price target tomorrow, SAIL share News, SAIL share price target next week, SAIL share Price Target 2030, SAIL share price Target 2040, and more Information.
Steel Authority of India Ltd Company Details
Steel Authority of India Ltd (SAIL) is one of India’s largest steel-making companies, owned by the government. It produces a wide range of steel products, including hot and cold-rolled sheets, bars, and structural steel, used in various industries like construction, railways, and automotive. SAIL operates several integrated steel plants across India and plays a key role in supporting the country’s infrastructure development. Known for its high-quality steel, the company also focuses on sustainability and innovation to meet the growing demands of modern industries.
| Official Website | sail.co.in |
| Founded | 24 January 1973 |
| Headquarters | New Delhi, India |
| CEO | Shri Prakash (31 May 2023–) |
| Number of employees | 55,989 (2024) |
| Category | Share Price |
Current Market Overview of SAIL Share Price Target
- Open Price: ₹132.76
- High Price: ₹133.00
- Low Price: ₹130.50
- Market Capitalization: ₹54.44K Crores
- P/E Ratio: 18.54
- Dividend Yield: 1.52%
- 52-Week High: ₹175.35
- 52-Week Low: ₹81.80
- Current Share Price: ₹131.70
SAIL Share Price Today Chart
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SAIL Share Price Target Tomorrow From 2024 To 2030
Here are the estimated share prices of SAIL for the upcoming years, based solely on market valuation, enterprise trends, and professional predictions.
| S. No. | SAIL Share Price Target Years | SHARE PRICE TARGETÂ |
| 1 | SAIL Share Price Target 2024 | ₹175 |
| 2 | SAIL Share Price Target 2025 | ₹201 |
| 3 | SAIL Share Price Target 2026 | ₹235 |
| 4 | SAIL Share Price Target 2027 | ₹265 |
| 5 | SAIL Share Price Target 2028 | ₹306 |
| 6 | SAIL Share Price Target 2029 | ₹350 |
| 7 | SAIL Share Price Target 2030 | ₹423 |
Steel Authority of India Ltd Shareholding Pattern
- Promoters:Â 65.00%
- Retail and Others:Â 16.45%
- Other Domestic Institutions:Â 9.17%
- Mutual Funds:Â 6.37%
- Foreign Institutions:Â 3.00%
Key Factors Affecting SAIL Share Price Growth
Here are six key factors affecting SAIL’s share price growth:
- Steel Demand in Infrastructure: The demand for steel in infrastructure projects, like roads, bridges, and buildings, has a direct impact on SAIL’s revenue. As India invests more in construction and development, higher steel consumption can drive up the company’s sales and, in turn, its share price.
- Raw Material Costs: The cost of raw materials, such as iron ore and coal, is a crucial factor. If raw material prices remain stable or decrease, SAIL can maintain better profit margins, positively influencing its share price.
- Government Policies: Favorable policies, such as government support for the steel industry or infrastructure investments, can boost SAIL’s performance. Tax breaks, subsidies, or tariffs on imported steel can protect the company from competition and promote share price growth.
- Global Steel Prices: The global demand and prices for steel also impact SAIL’s share price. When global steel prices rise, the company can increase its export earnings and overall revenue, supporting share price growth.
- Technological Advancements: SAIL’s adoption of new technologies to improve production efficiency or reduce costs can lead to better profitability. Efficient operations can enhance investor confidence and drive share price growth.
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Environmental and Sustainability Practices: Increasing focus on environmental regulations and sustainable practices influences the steel industry. SAIL’s ability to meet environmental standards and invest in green technologies can attract investors looking for responsible companies, boosting the share price over time.
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I am Ankita Vasishtha, passionate about trading and deeply committed to sharing my knowledge and insights with individuals like you. With a solid understanding of market dynamics and a knack for identifying trends, I strive to empower you with the information you need to thrive in trading.