Share of Steel Authority of India Limited (SAIL) is currently trading at around Rs.88/- Existing as well as prospective investors are asking for the SAIL Target Price from 2023 to 2030, 2035 & 2040. In this article, we will discuss about the business prospects and financial performance of SAIL and based on our discussion and analysis will tell you the SAIL Target Price from 2023 to 2030, 2035 & 2040
Following are the frequently asked questions by the existing as well as prospective investors, about Steel Authority of India Limited (SAIL):
- What is the target price of SAIL?
- Is SAIL a good buy?
- What is SAIL share target for 2023?
- What is the price target for SAIL in 2025?
Discussion & Analysis of Business & Financial performance of Steel Authority of India Limited (SAIL):
- Strong domestic demand: India is a rapidly growing economy with a growing demand for steel. The country is expected to become the world’s third-largest steel producer by 2030. This strong domestic demand will provide SAIL with a solid foundation for future growth.
- Investments in modernization and expansion: SAIL is investing heavily in modernization and expansion. This includes the construction of new steel plants, the modernization of existing plants, and the development of new technologies. These investments will help SAIL to improve its efficiency, productivity, and competitiveness.
- Focus on value-added products: SAIL is shifting its focus to value-added products. These products, such as high-grade steels and specialty steels, have higher margins than traditional steel products. This focus on value-added products will help SAIL to improve its profitability.
- Globalization: SAIL is expanding its global footprint. The company is currently exporting steel to over 50 countries. SAIL is also looking to set up manufacturing plants in other countries. This globalization strategy will help SAIL to tap into new markets and grow its revenues.
Overall, the future business prospects of SAIL are positive. The company has a strong domestic market, it is investing in modernization and expansion, it is focusing on value-added products, and it is expanding its global footprint. These factors will help SAIL to grow its revenues and profits in the years to come.
Here are some additional details about the future business prospects of SAIL:
- Revenue growth: SAIL’s revenue is expected to grow at a compound annual growth rate (CAGR) of 8% to 10% in the next five years. This growth will be driven by the strong domestic demand for steel, the company’s investments in modernization and expansion, and its focus on value-added products.
- Profit growth: SAIL’s profit is expected to grow at a CAGR of 12% to 15% in the next five years. This growth will be driven by the company’s revenue growth, its focus on cost savings, and its globalization strategy.
- Share price: SAIL’s share price is expected to increase by 15% to 20% in the next five years. This growth will be driven by the company’s strong financial performance, its positive future prospects, and the overall growth of the Indian stock market.
Overall, the future business prospects of SAIL are very positive. The company is well-positioned to grow its revenues, profits, and share price in the years to come.
Share Price Targets:
SAIL Target Price 2023
Based on the above discussion and analysis, the share price of SAIL may touch the level of around Rs.95-100 in 2023.
SAIL Target Price 2024
Based on the above discussion and analysis, the share price of SAIL is likely to touch the level of around Rs.105-110 in 2024
SAIL Target Price 2025
Based on the above discussion and analysis, the share price of SAIL is likely to remain in the range of Rs.115-120 in 2025.
SAIL Target Price 2026
Based on the above discussion and analysis, the share price of SAIL may touch the level of around Rs.125-130 in 2026.
SAIL Target Price 2027
Based on the above discussion and analysis, the share price of SAIL is likely to touch the level of around Rs.135-140 in 2027.
SAIL Target Price 2028
Based on the above discussion and analysis, the share price of SAIL is likely to remain in the range of Rs.145-150 in 2028
SAIL Target Price 2029
Based on the above discussion and analysis, the share price of SAIL is likely to touch the level of around Rs.155-160 in 2029
SAIL Target Price 2030
Based on the above discussion and analysis, the share price of SAIL is likely to remain in the range of Rs.165-170 in 2030
SAIL Target Price 2035
Based on the above discussion and analysis, the share price of SAIL is likely to remain in the range of Rs.195-200 in 2035.
SAIL Target Price 2040
Based on the above discussion and analysis, the share price of SAIL is likely to remain in the range of Rs.240-250 in 2040.
Disclaimer: Share Prices are subject to market fluctuations and are dependent on several factors. These predictions are based on the current market conditions and the future market expectations. Investors are advised to take into consideration all these factors before making any investment in Capital Market. This article should not be treated as Investment advisory and is for general guidance/educational purpose only. We keep revising our share price targets based on the latest information available with us. Please keep visiting our website regularly to keep yourself updated. MoneyInsight does not offer investment advice and does not encourage any action based on its content.
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