Steel Authority of India is the largest steel producing company in India. SAIL company produces more steel than the steel companies in India such as Tata Steel and Jindal Steel.
It is a government company, which trades steel in India as well as abroad. SAIL company has been performing well continuously for the last 2 years.
All the investors investing in this company have benefited a lot. Therefore investors are investing more and more in this company.
If you also want to invest in this company, then today we will tell you the share price of SAIL company. Along with this, we will also tell you what the share price of SAIL company in will be 2023, 2024, 2025, 2026, 2030 and 2040.
SAIL Share Price Target 2023?
Steel Authority of India Company was started in 1954 on 19 January. SAIL Company comes under the Ministry of Steel of India. This company is one of the 7 largest steel companies in India.
The market value of this company is Rs 369.84 crore. In the current stock market the share price of the company is between ₹90 to ₹100. If we talk about the returns of the company’s shares, then the company has continuously given CAGR returns of up to 12% in the last few years, which is 1 plus point of the company.
SAIL Share Price Target 2024?
Steel is also being produced in large quantities by other steel companies present in India, due to which considerable fluctuations are being seen in the price of raw materials.
If there is high fluctuation in the price of raw materials, it may impact the profit margin of the company. SAIL Company had a loan of ₹ 31659 which has now reduced to ₹ 13678 thousand crore. The company has a lot of government land available in the country.
The company can increase its mail capacity as soon as it gets an opportunity. The company has consistently performed well in the market, due to which the company has reduced its debt by more than 50% within 2 years. Going forward the share price of the company will be as follows.
SAIL Share Price Target 2025?
If we look at the figures for the year 2022, domestic steel production had increased by 18%. Along with this, steel connection also increased by 12%.
From this it can be estimated that the demand for steel may increase significantly in future also. Being a government company, SAIL Company also has the advantage that most of the government contracts will be given to SAIL Company only.
In future, government hospitals, railway stations, airports and roads will also be constructed by the government. For this, steel order will be given to SAIL company only. Going forward the share price of this company will be as follows.
SAIL Share Price Target 2026?
SAIL Company has performed well in the last few years. Looking at the balance sheet chart of the company, it is clearly visible that the company has given good returns to its investors.
The company’s return on equity ratio is 4%. The P/E ratio of the company is also 17.95, which looks quite positive. The management of SAIL company should now increase its manufacturing capacity because steel remand may increase significantly in future.
SAIL Share Price Target 2030?
SAIL company mostly depends on the source of coal for raw material. If the price of coal increases then it can affect the company’s revenue.
People investing in the company should pay attention to what is the book value and face value of the company at present. Currently the book value of the company is 132.54 and face value is 10 which is quite good.
SAIL Share Price Target 2040?
If we look at the shareholding of SAIL Company, 65% of the shares of the company are with the promoters. This means that the company is currently performing well.
We can also find out the good performance of the company from the debt to equity ratio. The debt to equity ratio of the company is currently 0.56. Going forward, the company will have a lot of opportunities to grow because SAIL company’s steel will be used in all the projects launched by the government.
SAIL Company Share Future?
The future of share price of SAIL company is going to be very good because if we look at the current record of the company, the performance of the company is quite good.
The company has reduced its debt by more than 50% in the last few years and its net profit margin is 3.98%, which may increase further in future. Along with this, new projects will also be started by the government in future under which railway station, airport, bus stand and government hospital will be constructed which can benefit the SAIL company.
SAIL Company Strength?
The company’s sales have increased by 18% in the last 5 years.
The company has a cash conversion cycle of up to 60 days.
The company has 65% promoter holding in the stock market.
In the last few years, the company has increased its profit by 25%.
SAIL Company Weakness?
The company has a debt of Rs 13678 crore.
Both the quick ratio and current ratios of the company are quite low.
The company has not seen any significant growth in sales in the last 3 years.
Our opinion to you is that if you want to earn good profits by investing money in a company for a long time, then you can invest in this company.
If you want, you can earn profit by investing money in it even for a short period of time, but the only problem will be that due to fluctuations in the prices of raw materials, the price of the company’s share may fluctuate.
This company can perform well in future because the demand for steel is increasing in the market. If you are thinking of investing in this company, then definitely take advice from a stock market expert.
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(Q) Where is SAIL Company?
Ans. New Delhi, India
(Q) What does SAIL Company do?
Ans. SAIL company produces more steel than the steel companies in India like Tata Steel and Jindal Steel.
(Q) When was SAIL started?
Ans. 19 January 1954
(Q) What is the name of the CEO of SAIL Company?
Ans. John Smith