Steel Authority Of India Ltd. Share Price Target - 2023, 2024, 2025, 2026 and 2030

If you are looking for “ Steel Authority Of India share price targets” for upcoming years, you are in the right place. Before we dive into Steel Authority Of India Ltd. stock price targets, Let’s understand the Steel Authority Of India company background, technical fundamentals etc.

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About Steel Authority Of India Ltd.

Steel Authority of India Ltd. (SAIL) is a public sector undertaking (PSU) and one of the largest steel producers in India. It was established in 1973 and is headquartered in New Delhi. SAIL operates and owns five integrated steel plants at Bhilai, Rourkela, Durgapur, Bokaro, and Burnpur, and three special steel plants at Salem, Durgapur, and Bhadravati. The company also has a Research and Development Centre for Iron and Steel (RDCIS) in Ranchi. SAIL produces a wide range of steel products, including hot and cold rolled sheets and coils, galvanized sheets, electrical sheets, structurals, railway products, plates, bars, and rods. The company has a strong presence in the domestic market and exports its products to several countries.

Fundamentals of Steel Authority Of India Ltd.

Let’s look at the fundamentals of Steel Authority Of India, based on which we can get a clear understanding of the expertise in the Steel & Iron Products sector.

Current Market Cap: The current market cap of Steel Authority Of India as of 3/11/2023, is ₹ 34,902.94
P/E Ratio: The current price-to-earning ratio of Steel Authority Of India is 8.21
Sales Growth: Sales growth in last 1 year for Steel Authority Of India is 49.72 %
Profit Growth: Profit growth is around 195.16 % in last 1 year

Steel Authority Of India Ltd. Share Price Target Details

We have done a complete analysis of Steel Authority Of India and have come up with its share price targets for upcoming years.

Steel Authority Of India’s Current Share Price is ₹85

Note: These price targets of “Steel Authority Of India” are only for reference purposes. This prediction is only if there are positive market sentiments, and any uncertainties in the company or global market condition are not covered in this analysis.