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Steel Authority of India Share Price Target 2024, 2025, 2026 to 2039 With Charts

Steel Authority of India Limited

Company LogoSymbol: SAIL
Price: ₹111.6
Exchange: NSE
Basic Materials -> Steel
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Steel Authority of India Brief Company Overview

Steel Authority of India Limited: A Leading Steel Manufacturer

Established in 1954, Steel Authority of India Limited (SAIL) is a renowned steel-making company headquartered in New Delhi, India. With operations both domestically and internationally, SAIL is a major player in the iron and steel industry, catering to a diverse range of sectors.

Product Range: SAIL offers a comprehensive suite of products, including railway items (rails, sleepers), pig iron and pipes, semis, structurals, TMT bars, galvanized products, wire rods, plates, wheels, axles, and various hot/cold rolled products. Its portfolio also encompasses stainless and electrical steel.

Reputation: SAIL has earned a reputation for its commitment to quality and innovation. The company's products are widely recognized for their reliability and durability.

Market Presence: SAIL has a robust market presence both in India and abroad. With its extensive product range and commitment to customer satisfaction, the company continues to be a trusted partner for its clientele.


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Steel Authority of India Financial Performance

MetricValueDescription
Market Capital68,938.54 CroreMarket valuation of Steel Authority of India's shares.
Revenue (TTM)1,06,550.46 CroreTotal revenue generated by Steel Authority of India over the past twelve months.
Net Income (TTM)+3,100.19 CroreNet Profit or Loss after all the expenses over the past twelve months.
Operating Margin3.51%Income from operations as a percentage of revenue, before taxes and interest.
Profit Margin2.91%Net income as a percentage of revenue, after all expenses.
Revenue Growth
(Quarterly)
-6.81%Change in revenue compared to the previous quarter.
Earnings Growth
(YOY Quarterly)
-22%Change in earnings compared to the same quarter last year.
Debt-to-Equity
(D/E) Ratio
54.82Company's total debt divided by total shareholder equity.
Total Debt30,714.41 CroreSum of Steel Authority of India's current & long-term financial obligations.
Total Cash765.08 CroreTotal amount of liquid funds available to Steel Authority of India.
Beta1.74Beta is greater than 1 indicating that the Steel Authority of India's price is more volatile than the market.

Is Steel Authority of India A Good Buy For Long Term?

Steel Authority of India is a good buy for the long term. The company has a strong financial position with a market cap of 70,033.15 Crore, revenue of 1,06,550.46 Crore, and net profit of 3,100.19 Crore in the last 12 months. The company has a debt of 30,714.41 Crore and a cash balance of 765.08 Crore. The company's profit margin is 2.91%. The company's past 3 months returns are 38.36%, past 6 months returns are 102.14%, past 12 months returns are 104.71%, year to date (YTD) returns are 37.08%, past 3 years returns are 128.74%, and past 5 years returns are 200.26%.

To predict the Steel Authority of India's future market prices, we harnessed 2 dynamic approaches:

Approach 1: Technical Analysis Paired With Price Action
Approach 2: Machine Learning By Studying Historical Prices

Approach 1: Technical Analysis Paired With Price Action

Steel Authority of India Share Price Target For 2024

 Steel Authority of India Targets For 2024 Chart

The line chart displays the monthly closing prices of Steel Authority of India with a black line. The green line shows three potential target prices for 2024, while the red line indicates three potential Stop Loss levels.

For detailed target and stop loss values for Steel Authority of India shares in 2024, see the table below.

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Steel Authority of India Share Price Target Table For 2024

Steel Authority of India's LevelsValueReason/Importance
2024 Target 3115.06 (+3.1%)Fibonacci Extension Level 123.6%
2024 Target 2113.47 (+1.67%)Custom Fibonacci Extension Lvl 64.9%
2024 Target 1112.28 (+0.6%)Custom Fibonacci Extension Lvl 23.6%
Current Price111.60 Steel Authority of India's 1 share price as of Thu 14 Nov 2024
Stop Loss 1111.39 (-0.19%)Price Action: Chart
Stop Loss 2109.72 (-1.69%)Fibonacci Retracement Extended 61.8%
Stop Loss 3108.00 (-3.23%)Price Action: May 2009 Low

Summary: Steel Authority of India Share Price Prediction For 2024

In summary, Steel Authority of India has declined by ₹-12.05, recording a notable -9.75% decrease from 1st January 2024 to 14 Nov 2024. Despite the setback, our analysis of Steel Authority of India for 2024 predicts an additional rise of 0.6% to 3.1% by the end of 2024 with three potential targets T1: 112.28, T2: 113.47, T3: 115.06. Stop Loss at SL1: 111.39, SL2: 109.72, SL3: 108.00.

Steel Authority of India has a 52-week high of ₹175.35, acting as a crucial resistance level - a ceiling that could challenge further price increase. Conversely, it has a 52-week low of ₹87.80, a critical support level - think of this as a safety net where the price might stop falling.

After looking at 2024's share price prediction, let's now check what 2025 might hold for Steel Authority of India.

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Steel Authority of India Share Price Target For 2025

 Steel Authority of India Targets For 2025 Chart

The line chart displays the monthly closing prices of Steel Authority of India with a black line. The green line shows three potential target prices for 2025, while the red line indicates three potential Stop Loss levels.

For detailed target and stop loss values for Steel Authority of India shares in 2025, see the table below.

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Steel Authority of India Share Price Target Table For 2025

Steel Authority of India's LevelsValueReason/Importance
2025 Target 3172.36 (+54.44%)Price Action: Chart
2025 Target 2169.15 (+51.56%)Price Action: Chart
2025 Target 1167.48 (+50.07%)Custom Fibonacci Extension Lvl 64.9%
Current Price111.60 Steel Authority of India's 1 share price as of Thu 14 Nov 2024
Stop Loss 198.50 (-11.74%)Price Action: May 2022 High
Stop Loss 297.30 (-12.82%)Price Action: Jun 2012 High
Stop Loss 396.15 (-13.85%)Price Action: Aug 2023 High

Summary: Steel Authority of India Share Price Prediction For 2025

In summary, Steel Authority of India has declined by ₹-12.05, recording a notable -9.75% decrease from 1st January 2024 to 14 Nov 2024. Despite the setback, our analysis of Steel Authority of India for 2025 predicts an additional rise of 50.07% to 54.44% by the end of 2025 with three potential targets T1: 167.48, T2: 169.15, T3: 172.36. Stop Loss at SL1: 98.50, SL2: 97.30, SL3: 96.15.

Steel Authority of India has a All-Time high of ₹293.00, acting as a crucial resistance level - a ceiling that could challenge further price increase. Conversely, it has a 52-week low of ₹87.80, a critical support level - think of this as a safety net where the price might stop falling.

After looking at 2024's and 2025's share price prediction, you might wonder what are short term targets for Steel Authority of India, we have created a specific page for that check here: Steel Authority of India Share Price Target For Tomorrow & Next Week

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Approach 2: Machine Learning By Studying Historical Prices

Steel Authority of India Long Term Share Price Prediction Chart From 2024, 2025, 2026 to 2039

 Steel Authority of India Targets Chart 2024, 2025, 2026 to 2039

This chart presents a detailed projection of Steel Authority of India share price predictions from 2024, 2025, 2026 to 2039. This share price Prediction represents a CAGR of 4.84% over the next 15 years.

For complete year by year Steel Authority of India long term share price target from 2024, 2025 to 2039 check the below table.

Steel Authority of India Share Price Target Table From 2024, 2025, 2026 to 2039

Year Steel Authority of India TargetYoY Change %
2024₹111.6[Current Price]
2024₹147.3532.03%
2025₹135.76-7.87%
2026₹145.837.41%
2027₹170.9917.25%
2028₹183.037.04%
2029₹199.18.77%
2030₹180.31-9.44%
2031₹190.735.77%
2032₹220.615.66%
2033₹233.215.71%
2034₹250.857.56%
2035₹224.86-10.37%
2036₹235.644.79%
2037₹270.214.66%
2038₹283.394.88%
2039₹285.70.81%

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Steel Authority of India Past Performance

SAIL main
Steel Authority of India has been listed on NSE for more than 32 years.
  • In 1992, Steel Authority of India opening price was ₹43.5
  • As of Thu 14 Nov 2024 the price stands at ₹111.6.
  • This represents a Compound Annual Growth Rate (CAGR) of 2.9%.
  • In 32 years, an investment of 10,000 would have become ₹25,655.17.

As we wrap up, we hope you like our study on Steel Authority of India share price predictions, please kindly note that these forecasts are based on technical analysis, past trends, and machine learning models. They are for educational purposes only, not investment advice.

Show Methodology We Use

Methodology Behind the Prediction

The share price predictions present on our site are derived from a robust model that incorporates multiple economic indicators, technical indicators, company performance metrics, and industry-specific factors.

We have historical share price data of all stocks for which we present targets, so we analyse historical trends from those past data and overlay them with projected market conditions to estimate future share prices of a stock.

For more insights into Steel Authority of India Limited, explore these additional resources:-

Disclaimer: Information is provided 'as is' and solely for informational and educational purposes, not for trading purposes or advice. We highly recommend to do your own research before making any investment.

About The Author

Nippun

Hi, I’m Nippun, a tech enthusiast from Haryana, India. I have been coding since 2010 and using my coding skills in the share market since 2020. I have been coding scripts in Pinescript that work on Tradingview app/web. I love learning about new technology and applying it to solve real-world problems. Coding and share-market are my passions, and I enjoy finding and fixing bugs in code. I aim to share my skill set and experience that can positively impact society. Feel free to connect with me, and let’s learn from each other. My Twitter