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.
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.
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.
Share price target for SAIL for 2024 has been calculated according to its market conditions and it could be predicted as Rs 195.50. Share price target for SAIL for 2024 could be predicted as Rs 250.43. If the markets remain bullish this share price target could be increase as market trends will change. Share price target for SAIL for 2024 could be predicted as Rs 512.00. This is just a prediction before making any investment consult with an expert for any investments.
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