Steel Authority of India (Large Cap - Next Multibagger) Share Target 2024, 2025 To 2039
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Steel Authority of India Limited |
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Price: ₹116.10 | ||
| 52 Week Low: ₹102.15 52 Week High: ₹175.35 |
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| Market Capital: 70,033.15 Crore (Largecap) | |||
| Basic Materials -> Steel | |||
Show Table of Contents
Table of Contents
- 1: Approach 1: Technical Analysis Paired With Price Action
- 1.1: Steel Authority of India Share Price Target For 2024
- 1.1.1: Steel Authority of India Share Price Target Table For 2024
- 1.1.2: Short-Term Technical Outlook
- 1.2: Steel Authority of India Share Price Target For 2025
- 1.2.1: Steel Authority of India Share Price Target Table For 2025
- 1.2.2: Long-Term Technical Outlook
- 2: Approach 2: Machine Learning By Studying Historical Prices
- 2.1: Steel Authority of India Share Price Target Chart and Table From 2024, 2025, 2026 to 2039
- 3: Steel Authority of India Brief Company Overview
- 4: Steel Authority of India Financial Performance
- 4.0.1: Is Steel Authority of India A Good Buy For Long Term?
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
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.
Steel Authority of India Share Price Target Table For 2024
| Level | Value | Analysis |
|---|---|---|
| 2024 Target 3 | 121.71 (+4.83%) | Price Action: May 2011 High |
| 2024 Target 2 | 120.25 (+3.57%) | Price Action: 17 Dec 2024 Low |
| 2024 Target 1 | 118.8 (+2.32%) | Price Action: 01 Nov 2024 High |
| Current Price | 116.10 | Steel Authority of India's share price as of 20 Dec 2024 |
| Stop Loss 1 | 115.43 (-0.58%) | Fibonacci Retracement Level 98.60% |
| Stop Loss 2 | 114.2 (-1.64%) | Price Action: Feb 2024 Low |
| Stop Loss 3 | 113.01 (-2.67%) | Price Action: Sep 2007 Low |
Short-Term Technical Outlook
Current Technical Position: Steel Authority of India is displaying bearish momentum trading below key moving averages.
Key Technical Level: The 25-day moving average at ₹119.32 serves as the nearest technical reference point.
Historical Returns: 3-month: -17.23% | 6-month: -21.29% | 1-year: -4.62%
Steel Authority of India Share Price Target For 2025
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.
Steel Authority of India Share Price Target Table For 2025
| Level | Value | Analysis |
|---|---|---|
| 2025 Target 3 | 177.3 (+52.71%) | Price Action: Chart |
| 2025 Target 2 | 173.99 (+49.86%) | Fibonacci Extension Level 100.00% |
| 2025 Target 1 | 170.46 (+46.82%) | Fibonacci Extension Level 64.90% |
| Current Price | 116.10 | Steel Authority of India's share price as of 20 Dec 2024 |
| Stop Loss 1 | 103.45 (-10.90%) | Price Action: May 2007 High |
| Stop Loss 2 | 101.69 (-12.42%) | Price Action: May 2021 Low |
| Stop Loss 3 | 99.86 (-13.99%) | Price Action: Chart |
Long-Term Technical Outlook
52-Week Range Analysis: Steel Authority of India is currently trading near its 52-week low of ₹102.15, indicating potential value opportunity.
Long-Term Trend Analysis: The stock is in a bearish long-term trend, trading below key long-term moving averages.
Long-Term Performance: 1-year: -4.62% | 3-year: +18.17% | 5-year: +214.89%
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Approach 2: Machine Learning By Studying Historical Prices
Steel Authority of India Share Price Target Chart and Table From 2024, 2025, 2026 to 2039
| Year | Target 1 | Target 1 YoY Chg % | Target 2 |
|---|---|---|---|
| Current Price | ₹116.10 | ||
| 2024 | ₹146.78 | +26.43% | ₹148.98 |
| 2025 | ₹134.78 | -8.18% | ₹145.37 |
| 2026 | ₹144.34 | +7.09% | ₹159.00 |
| 2027 | ₹168.81 | +16.95% | ₹171.34 |
| 2028 | ₹180.26 | +6.78% | ₹183.45 |
| 2029 | ₹195.67 | +8.55% | ₹198.61 |
| 2030 | ₹176.87 | -9.61% | ₹192.24 |
| 2031 | ₹186.77 | +5.60% | ₹207.90 |
| 2032 | ₹215.67 | +15.47% | ₹220.12 |
| 2033 | ₹227.68 | +5.57% | ₹232.35 |
| 2034 | ₹244.57 | +7.42% | ₹248.24 |
| 2035 | ₹218.96 | -10.47% | ₹239.53 |
| 2036 | ₹229.20 | +4.68% | ₹256.79 |
| 2037 | ₹262.54 | +14.55% | ₹269.02 |
| 2038 | ₹275.09 | +4.78% | ₹281.24 |
| 2039 | ₹277.10 | +0.73% | ₹281.26 |
Note: Target 1 and Target 2 represent price levels that the stock is most likely to achieve during the respective year, based on machine learning algorithms analyzing historical price patterns and market behavior. These predictions are generated through comprehensive analysis of the stock's historical data using advanced ML models.
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.Steel Authority of India Financial Performance
| Metric | Value | Description |
|---|---|---|
| Market Capital | 70,033.15 Crore | Market valuation of Steel Authority of India's shares. |
| Revenue (TTM) | 1,06,550.46 Crore | Total revenue generated by Steel Authority of India over the past twelve months. |
| Net Income (TTM) | +31,001,999,360.00 | Net Profit or Loss after all the expenses over the past twelve months. |
| Operating Margin | +3.51% | Income from operations as a percentage of revenue, before taxes and interest. |
| Profit Margin | +2.91% | 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) |
-22.00% | Change in earnings compared to the same quarter last year. |
| Debt-to-Equity (D/E) Ratio |
54.82 | Company's total debt divided by total shareholder equity. |
| Total Debt | 30,714.41 Crore | Sum of Steel Authority of India's current & long-term financial obligations. |
| Total Cash | 765.08 Crore | Total amount of liquid funds available to Steel Authority of India. |
| Beta | 1.74 | Beta 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%.
Disclaimer: The information provided on this page is for educational purposes only and should not be considered as financial advice. Historical performance data and technical analysis cannot guarantee future results. Stock investments are subject to market risks. Please consult with a qualified financial advisor before making any investment decisions.
All stock data shown is sourced from publicly available information and while we strive for accuracy, we cannot guarantee the absolute accuracy of all figures. Users should verify critical information from official sources before making investment decisions.
