SAIL Shares: SAIL Share Price on NSE/BSE
SAIL shares today closed at Rs 163.60 with the return rate of more than 7.22%. Last day on April 23, SAIL stock was added to the F&O (futures and options) ban list, but maybe now SAIL stock will get exit from the F&O ban list. The stock has gained 24% in the last month and is trading in the 20 range (day moving average), 50 range and 200 range.
Today SAIL shares started the day at Rs 153.10 and the day’s high was Rs 163.25 and low was Rs 151.55. Total market capitalization is Rs 67.39TCr. The stock’s 52-week high is Rs 163.25 or the stock’s 52-week low is Rs 80.45. The company is providing a dividend yield of 0.77% on the other hand it is providing the sector dividend yield is 1.81%. PE ratio of SAIL shares is 20.28 and sector PE ratio is 27.43. PB ratio of stock is 1.15 and sector PB ratio is 3.50. Steel Authority of India Limited (SAIL) is a central public sector undertaking under the ownership of the Ministry of Steel, Government of India.
Summary
Financial Growth History of SAIL (Steel Authority of India Ltd)
SAIL Limited Shares listed on both National Stock Exchange (NSE) and BSE (Bombay stock Exchange). If we look at the financial growth history of SAIL Ltd stock, it has given a return rate of 189.59% in the last 5 years and it has given a return rate of 100.24% in the last 1 year which is considered a quite good return rate. Now in the last 6 months, SAIL Ltd stock has given a return rate of 95.25% to its shareholders and now in the financial year 2024, it has given a return rate of 25.80% in the last month. If we look closely, SAIL’s performance has been good for the last few years.
Revenue growth posted by SAIL Ltd of the Financial year 2023 was Rs 105.398 crore. Net income of SAIL Ltd was posted Rs 2,1777 crore in financial year 2023. Total assets of SAIL Ltd was posted Rs 130,481 crore in Financial year 2023 and total equity of SAIL Ltd in Financial year 2023 was 54,747 crores.
Peer comparison of SAIL Ltd with other competitors
This is the peer comparison between the SAIL Ltd and its competitors to check its performance growth rate and its market trends as compared to other company’s market growth and market trends. Before investing in any stock, it is important to check what kind of financial history that stock has and who are its competitors and what is their performance in the market but make sure before making any investment consult with financial expert.
| Industry Name | PE Ratio | 1 Year Return | Buy Recommendation by Experts |
| SAIL Ltd | 20.28 | 100.37% | 50.00% |
| JSW Steel Ltd | 50.06 | 18.19% | 48.15% |
| Tata Steel Ltd | 22.96 | 51.31% | 55.56% |
| Jindal Steel and Power Ltd | 28.74 | 57.80% | 62.50% |
| Jindal Stainless Ltd | 28.23 | 167.52% | 75.00% |
About SAIL (Steel Authority of India Ltd)
Steel Authority of India Limited (SAIL) is a central public sector undertaking under the ownership of the Ministry of Steel, Government of India. In the last financial year 2022-23 its annual turnover was of Rs 105,398 crore. SAIL was established in 19 January, 1954 approx. 70 years ago and its headquarters is in New Delhi, India. More than 57,139 employees are working her (1 December 2023). NSPCL is the subsidiary of SAIL. The annual production of SAIL is 18.29 million metric tons. SAIL operates in five integrated steel plants these are Bhilai, Rourkela, Durgapur, Bokaro and Burnpur (Asansol) and three special steel plants at Salem, Durgapur and Bhadravathi.
SAIL is the largest government owned steel producer company. Amarendu Prakash is the Chairman of SAIL. SAIL products are Steel, flat steel products, long steel products, wire products, Wheel & axle for Indian Railways, plates.
SAIL share price target
Share price target for SAIL for 2024, 2025 and 2030 could be predicted according to the market trends and its future aspects. The share price target of a company depends on its performance growth rate. As the market trend changes, the stock will be affected. SAIL has given very good returns in the last few years and is expected to continue the same in upcoming years.
SAIL share price target for 2024
Share price target for SAIL for 2024 has been calculated according to its market conditions and it could be predicted as Rs 195.50.
SAIL share price target for 2025
Share price target for SAIL for 2025 could be predicted as Rs 250.43. If the markets remain bullish this share price target could be increase as market trends will change.
SAIL share price target for 2026
Share price for SAIL for 2026 could be predicted as 310.00. If SAIL continues to grow its profits like this, then it is going to make its shareholders rich in the future.
SAIL share price target for 2030
Share price target for SAIL for 2030 could be predicted as Rs 512.00. This is just a prediction before making any investment consult with an expert for any investments.
Disclaimer: The information provided is for informational purposes only and does not represent financial advice or guidance. Investing in the stock market involves essential risks, and individuals should conduct thorough research or seek professional guidance before making any investment decisions. The content reflects the market situation at the time of writing and is subject to change. The author and platform do not guarantee the accuracy or completeness of the information and shall not be responsible for any losses or damages occurs from actions taken based on the provided information.
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