The latest long-term forecast predicts that SAIL Stock Price will reach ₹182 by the end of 2024, and then rise to ₹204 by the middle of 2025. The stock price is expected to continue its upward trend, reaching ₹250 in 2026, ₹300 in 2027, ₹350 in 2028, ₹400 in 2029, ₹450 in 2030, ₹600 in 2035, ₹900 in 2040 and ₹1300 in 2050. Based on this forecast, it is safe to say that SAIL Share price will experience steady growth in the coming years.
SAIL share price target for 2024, 2025, 2026, 2027, 2030, 2040, and 2050 are available here. TradingView charts and technical analysis are used to forecast or predict the price of SAIL stock. This price prediction was aided by expert advice and information from other sources.
| Year | Mid-Year | Year-End |
| 2024 | ₹140 | ₹182 |
| 2025 | ₹204 | ₹224 |
| 2026 | ₹247 | ₹269 |
| 2027 | ₹298 | ₹315 |
| 2028 | ₹342 | ₹364 |
| 2029 | ₹384 | ₹408 |
| 2030 | ₹432 | ₹454 |
| 2035 | ₹654 | ₹687 |
| 2040 | ₹886 | ₹912 |
| 2050 | ₹1358 | ₹1387 |
SAIL starting price in 2024 was ₹124.65. As of today, It was trading at ₹133.70, indicating a +7.26% increase in price since the beginning of the year. The predicted SAIL price at the end of 2024 is ₹182, with a year-on-year growth rate of +46%. The increase in price from today to year-end is estimated to be +36.12%, and by mid-2024, we expect to see the price at ₹140.
According to market projections, SAIL stock price will reach ₹204 in the first half of 2025. Furthermore, by the end of the year, it is expected to increase by ₹22, closing at ₹224, signifying a remarkable +67.53% increase from the current price.
Based on a financial forecast, SAIL stock price is projected to commence at ₹224 in 2026, followed by a significant elevation to ₹247 within the first six months of the year, and conclude the year at ₹269, indicating an overall increase of +101.19% from the present stock price.
More Forecast:
According to the latest projections, SAIL share value is expected to increase significantly in the coming years. By 2027, the share is predicted to start at ₹269, then experience a notable boost within the first six months of the year, soaring to ₹298. The upward trend is expected to continue, with the stock finishing the year at ₹315, representing a substantial +135.6% increase from its current value.
According to our analysis, SAIL share price is expected to start the year 2028 at a value of ₹315 and rise to ₹342 within the first six months of the year. By the end of 2028, it is predicted to reach ₹364, implying a growth rate of approximately +172.25% from its current value.
According to market analysts, SAIL share is predicted to experience significant growth over the next few years. It is estimated that by the start of 2029, the share will be valued at ₹364. Over the first six months of the year, it is expected to rise to ₹384, reflecting a substantial increase in value. By the end of 2029, SAIL share is forecasted to reach ₹408, indicating an impressive +205.16% increase from its current value.
According to the latest projections, it is believed that SAIL share price will start the year 2030 at ₹408. This is expected to be followed by a steady climb, with the stock reaching ₹432 within the first half of the year. The trend is expected to continue, and SAIL share is predicted to finish the year at ₹454. This represents a significant increase of about +239.56% from the current stock price, making it an attractive investment opportunity for those looking to invest in the company.
Based on a long-term analysis, it is predicted that the value of SAIL share price will rise significantly by the year 2035. Specifically, the price of SAIL is expected to increase to ₹687, representing a gain of +413.83%. This prediction takes into account various market factors and trends that are expected to impact the performance of SAIL over the next two decades.
According to a long-term forecast analysis, the price of SAIL share will significantly increase to ₹912 by 2040, representing a gain of over +582.12%. This positive trend is expected to continue in the years to come, resulting in a profitable opportunity for investors.
Based on an analysis, it is predicted that the value of SAIL share will rise to ₹1387, representing an exceptional increase of +937.39% by the year 2050.
This forecast indicates an auspicious outlook for SAIL future growth and profitability and suggests that the company is well-positioned to continue its impressive performance in the long term.
Is SAIL a Good Stock to Invest In?
Based on the financial ratios provided, SAIL (Steel Authority of India Limited) presents a mixed picture for potential investors.
Positives:
- Moderate Debt Levels: SAIL has a debt-to-equity ratio of 0.59, indicating a moderate level of debt compared to its equity. This suggests that the company is not overly reliant on debt financing, which reduces financial risk and provides some stability.
- Dividend Yield: The company offers a dividend yield of 1.49% with a current dividend of Rs 1.50, providing a modest return to income-focused investors through dividends.
Negatives:
- High P/E Ratio: With a P/E ratio of 21.34, SAIL appears to be overvalued relative to its earnings. This suggests that investors might be paying a high price for the stock compared to its actual earnings performance.
- Low Return on Assets (ROA) and Return on Equity (ROE): SAIL’s ROA of 1.55% and ROE of 3.65% indicate inefficient use of assets and equity in generating profits. These low figures suggest that the company is not performing well in terms of profitability and efficiency, which can be a red flag for potential investors.
- Weak Current Ratio: The current ratio of 0.77 indicates that SAIL may struggle to meet its short-term liabilities with its short-term assets. This raises concerns about the company’s liquidity and its ability to handle unexpected financial challenges.
- Low Sales Growth: With a revenue growth rate of just 0.94%, SAIL’s sales performance appears stagnant, which could be a concern for investors looking for growth potential in their investments.
- Modest Operating Margin: SAIL’s operating margin of 7.68% suggests that while the company is generating some profit from its core operations, it is not particularly high, indicating limited efficiency in managing operational costs.
SAIL may not be the most attractive stock to invest in at this time, especially for investors looking for high growth, profitability, and strong financial health.
The company’s high P/E ratio, low ROA and ROE, weak current ratio, and modest sales growth raise concerns about its valuation, profitability, and liquidity.
While it does offer a moderate dividend yield and has a reasonable debt level, these factors may not be enough to outweigh the potential risks.
Investors should carefully consider these aspects and possibly look for stronger candidates or wait for improvements in SAIL’s financial performance before investing.
Is SAIL overvalued or Undervalued?
SAIL is currently Undervalued. The intrinsic value of one SAIL share is estimated to be ₹187.91 under the Base Case scenario, while the current market price is ₹133.70, making it undervalued by 28.8%.
FAQs
SAIL currently holds a Sell consensus rating. This rating is based on the evaluation of 1 strong buy rating, 0 buy rating, 5 hold ratings, 2 sell ratings, and 16 strong sell ratings.
According to a detailed analysis of long-term forecasts, it is anticipated that SAIL stock will witness a substantial surge in value by 2050, with a predicted rise to ₹1387. This increase would reflect a gain of more than +937.39%, signifying a promising trend for potential investors.
Moreover, this favorable trend is expected to persist in the near future, thereby presenting a lucrative opportunity for those seeking to invest in the company.
The findings suggest that SAIL share may be a promising long-term investment option for investors looking for profitable ventures.
The current share price of SAIL is ₹133.7. Based on current trends, the price could potentially rise to ₹408 in five years.
The current share price of SAIL is ₹133.7. Based on current trends, the price could potentially rise to ₹687 in ten years.
SAIL may not be the most attractive stock to invest in at this time, especially for investors looking for high growth, profitability, and strong financial health.
Based on the current market trends, the SAIL share price for tomorrow is predicted to be ₹134.72, with an expected increase of 0.15%.
Yes, our prediction suggests that SAIL share will go up tomorrow, estimating an increase of 0.15% in the next day.
No, according to our prediction, SAIL share will not go down tomorrow. It is estimated to gain 0.15% and reach a price of ₹134.72.
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