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S.A.L. Steel Share Price Target 2024, 2025, 2026 to 2039 With Charts
S.A.L. Steel Limited | |||
Symbol: SALSTEEL | |||
Price: ₹24.04 | |||
Exchange: NSE | |||
Basic Materials -> Steel |
Show Table of Contents
Table of Contents
- 1: S.A.L. Steel Brief Company Overview
- 1.1: Company Overview: S.A.L. Steel Limited
- 1.2: S.A.L. Steel Financial Performance
- 1.2.1: Is S.A.L. Steel A Good Buy For Long Term?
- 2: Approach 1: Technical Analysis Paired With Price Action
- 2.1: S.A.L. Steel Share Price Target For 2024
- 2.1.1: S.A.L. Steel Share Price Target Table For 2024
- 2.1.2: Summary: S.A.L. Steel Share Price Prediction For 2024
- 2.2: S.A.L. Steel Share Price Target For 2025
- 2.2.1: S.A.L. Steel Share Price Target Table For 2025
- 2.2.2: Summary: S.A.L. Steel Share Price Prediction For 2025
- 3: Approach 2: Machine Learning By Studying Historical Prices
- 3.1: S.A.L. Steel Long Term Share Price Prediction Chart From 2024, 2025, 2026 to 2039
- 3.2: S.A.L. Steel Share Price Target Table From 2024, 2025, 2026 to 2039
- 4: S.A.L. Steel Past Performance
S.A.L. Steel Brief Company Overview
Company Overview: S.A.L. Steel Limited
Established in 2003, S.A.L. Steel Limited is a prominent manufacturer and supplier of essential materials in the iron and steel industry, both within India and globally.
Their diverse product portfolio includes sponge iron, ferro alloys, iron ore pellets, and finished steel products, catering to the specific requirements of the iron and steel sector.
Beyond manufacturing, S.A.L. Steel Limited also generates and sells 40 MW power through their waste heat recovery boiler and fluidized bed combustion boiler.
With a strong commitment to quality and innovation, S.A.L. Steel Limited has earned a reputation as a reliable partner within the industry.
S.A.L. Steel Financial Performance
Metric | Value | Description |
---|---|---|
Market Capital | 184.53 Crore | Market valuation of S.A.L. Steel's shares. |
Revenue (TTM) | 543.69 Crore | Total revenue generated by S.A.L. Steel over the past twelve months. |
Net Income (TTM) | -2.35 Crore | Net Profit or Loss after all the expenses over the past twelve months. |
Operating Margin | -0.09% | Income from operations as a percentage of revenue, before taxes and interest. |
Profit Margin | -0.44% | Net income as a percentage of revenue, after all expenses. |
Revenue Growth (Quarterly) | -7.01% | Change in revenue compared to the previous quarter. |
Debt-to-Equity (D/E) Ratio | 298.61 | Company's total debt divided by total shareholder equity. |
Total Debt | 125 Crore | Sum of S.A.L. Steel's current & long-term financial obligations. |
Total Cash | 94 Lakh | Total amount of liquid funds available to S.A.L. Steel. |
Beta | 0.46 | Beta is less than 1 indicating that the S.A.L. Steel's price is less volatile than the market. |
Is S.A.L. Steel A Good Buy For Long Term?
S.A.L. Steel's recent performance shows signs of concern. Despite impressive long-term returns, its negative profit margin (-0.44), coupled with high debt and minimal cash reserves, raises questions about its current financial health. The decline in revenue (-7.01%) compared to the previous quarter further adds to the uncertainty. Given these factors, it may not be a suitable long-term investment option at this juncture.
To predict the S.A.L. Steel'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
S.A.L. Steel Share Price Target For 2024
The line chart displays the monthly closing prices of S.A.L. Steel 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 S.A.L. Steel shares in 2024, see the table below.
S.A.L. Steel Share Price Target Table For 2024
S.A.L. Steel's Levels | Value | Reason/Importance |
---|---|---|
2024 Target 3 | 24.88 (+3.49%) | Price Action: Oct 2024 Low |
2024 Target 2 | 24.55 (+2.12%) | Price Action: Mar 2005 High |
2024 Target 1 | 24.22 (+0.74%) | Price Action: 28 Oct 2024 Low |
Current Price | 24.04 | S.A.L. Steel's 1 share price as of Fri 22 Nov 2024 |
Stop Loss 1 | 23.96 (-0.34%) | Price Action: Chart |
Stop Loss 2 | 23.71 (-1.38%) | Price Action: Nov 2024 Low |
Stop Loss 3 | 23.41 (-2.63%) | Fibonacci Retracement Extended 28.2% |
Summary: S.A.L. Steel Share Price Prediction For 2024
In summary, S.A.L. Steel has declined by ₹-0.26, recording a notable -1.07% decrease from 1st January 2024 to 22 Nov 2024. Despite the setback, our analysis of S.A.L. Steel for 2024 predicts an additional rise of 0.74% to 3.49% by the end of 2024 with three potential targets T1: 24.22, T2: 24.55, T3: 24.88. Stop Loss at SL1: 23.96, SL2: 23.71, SL3: 23.41.
S.A.L. Steel has a 52-week high of ₹31.18, acting as a crucial resistance level - a ceiling that could challenge further price increase. Conversely, it has a 52-week low of ₹17.14, 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 S.A.L. Steel.
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S.A.L. Steel Share Price Target For 2025
The line chart displays the monthly closing prices of S.A.L. Steel 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 S.A.L. Steel shares in 2025, see the table below.
S.A.L. Steel Share Price Target Table For 2025
S.A.L. Steel's Levels | Value | Reason/Importance |
---|---|---|
2025 Target 3 | 35.44 (+47.42%) | Price Action: Chart |
2025 Target 2 | 34.78 (+44.67%) | Custom Fibonacci Extension Lvl 64.9% |
2025 Target 1 | 34.36 (+42.92%) | Fibonacci Extension Level 123.6% |
Current Price | 24.04 | S.A.L. Steel's 1 share price as of Fri 22 Nov 2024 |
Stop Loss 1 | 21.35 (-11.19%) | Price Action: Nov 2005 High |
Stop Loss 2 | 21.10 (-12.23%) | Price Action: Aug 2005 High |
Stop Loss 3 | 20.80 (-13.48%) | Price Action: May 2006 High |
Summary: S.A.L. Steel Share Price Prediction For 2025
In summary, S.A.L. Steel has declined by ₹-0.26, recording a notable -1.07% decrease from 1st January 2024 to 22 Nov 2024. Despite the setback, our analysis of S.A.L. Steel for 2025 predicts an additional rise of 42.92% to 47.42% by the end of 2025 with three potential targets T1: 34.36, T2: 34.78, T3: 35.44. Stop Loss at SL1: 21.35, SL2: 21.10, SL3: 20.80.
S.A.L. Steel has a All-Time high of ₹33.50, acting as a crucial resistance level - a ceiling that could challenge further price increase. Conversely, it has a 52-week low of ₹17.14, 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 S.A.L. Steel, we have created a specific page for that check here: S.A.L. Steel Share Price Target For Tomorrow & Next Week
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Approach 2: Machine Learning By Studying Historical Prices
S.A.L. Steel Long Term Share Price Prediction Chart From 2024, 2025, 2026 to 2039
This chart presents a detailed projection of S.A.L. Steel share price predictions from 2024, 2025, 2026 to 2039. This share price Prediction represents a CAGR of 10.02% over the next 15 years.
For complete year by year S.A.L. Steel long term share price target from 2024, 2025 to 2039 check the below table.
S.A.L. Steel Share Price Target Table From 2024, 2025, 2026 to 2039
Year | S.A.L. Steel Target | YoY Change % |
---|---|---|
2024 | ₹24.04 | [Current Price] |
2024 | ₹26.27 | 9.27% |
2025 | ₹32.22 | 22.68% |
2026 | ₹35.35 | 9.68% |
2027 | ₹39.26 | 11.06% |
2028 | ₹53.02 | 35.04% |
2029 | ₹53.45 | 0.81% |
2030 | ₹59.86 | 11.99% |
2031 | ₹61.22 | 2.27% |
2032 | ₹64.31 | 5.06% |
2033 | ₹83.03 | 29.08% |
2034 | ₹80.64 | -2.88% |
2035 | ₹87.49 | 8.49% |
2036 | ₹87.09 | -0.46% |
2037 | ₹89.39 | 2.64% |
2038 | ₹113.05 | 26.46% |
2039 | ₹100.07 | -11.49% |
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S.A.L. Steel Past Performance
- In 2004, S.A.L. Steel opening price was ₹17.89
- As of Fri 22 Nov 2024 the price stands at ₹24.04.
- This represents a Compound Annual Growth Rate (CAGR) of 1.41%.
- In 20 years, an investment of 10,000 would have become ₹13,430.16.
As we wrap up, we hope you like our study on S.A.L. Steel 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.
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.