Steel Authority of India Ltd (SAIL) Share Price Forecast for 2023, 2025, 2027, 2030, and 2035

5 min readSep 7, 2024

Steel Authority of India Ltd (SAIL), one of India’s largest state-owned steel manufacturers, has been at the core of the nation’s industrial development. With a vast production capacity and a significant role in industries like infrastructure, automotive, and construction, SAIL’s influence extends across many critical sectors of the Indian economy. For investors, the performance of SAIL shares offers key insights into the broader market trends and opportunities. In this article, we will explore the expected share price targets for SAIL in 2023, 2025, 2027, 2030, and 2035, based on market trends and SAIL’s growth strategies.

SAIL Share Price Target for 2023

In 2023, SAIL’s stock performance will likely be driven by both domestic and international steel demand. The Indian government’s continuous push for infrastructure development and initiatives like the “Smart Cities Mission” and the expansion of metro lines are expected to increase steel consumption significantly. As one of the top steel providers, SAIL is in an ideal position to take advantage of this growing demand.

The SAIL share price target for 2023 is forecasted to range from ₹100 to ₹120. This projection is supported by the company’s robust operational capabilities and ongoing efforts to modernize its plants. Additionally, government incentives and policies aimed at promoting local manufacturing are anticipated to further strengthen SAIL’s position in the market. Investors can expect stable growth in SAIL’s stock in the short term, driven by both domestic and international opportunities.

SAIL Share Price Target for 2025

Looking ahead to 2025, SAIL is expected to benefit from an increase in steel demand driven by infrastructure projects and the expansion of industries such as automotive and railways. India’s economy is predicted to experience steady growth over the next few years, and steel will remain a critical component in supporting that expansion. The “Make in India” initiative, which promotes local manufacturing, will further boost SAIL’s prospects.

The SAIL share price target 2025 is projected to be between ₹150 and ₹180. This growth is attributed to SAIL’s modernization efforts and its increasing production capacity. The company’s focus on reducing production costs and improving operational efficiency will also drive its profitability in the medium term. Additionally, SAIL’s expanding export market and international presence will further enhance its revenue streams, making the stock an attractive option for long-term investors.

SAIL Share Price Target for 2027

By 2027, the global steel market is expected to witness significant growth, with rising demand from emerging economies. SAIL, with its comprehensive modernization plan and focus on sustainability, will be well-positioned to meet the increasing demand for steel both domestically and internationally. The company’s investment in green energy and efforts to lower its carbon footprint will also enhance its competitiveness in the global market.

The SAIL share price target for 2027 is expected to be between ₹200 and ₹230. SAIL’s focus on upgrading its technology, enhancing its production capacity, and adopting more environmentally friendly practices will be crucial factors driving its growth. The company’s ability to cater to a wide range of sectors, from infrastructure to heavy industries, will further solidify its standing as a leader in the steel industry. For investors, the stock offers promising long-term growth potential.

SAIL Share Price Target for 2030

By 2030, India’s infrastructure development is expected to be at its peak, with numerous projects such as new highways, rail lines, and smart city initiatives driving the demand for steel. SAIL, being one of the largest suppliers of steel to the government and private sectors, will be at the forefront of these developments. The company’s focus on modernizing its plants and increasing production efficiency will play a key role in meeting this rising demand.

The SAIL share price target 2030 is predicted to range from ₹250 to ₹300. This forecast takes into account SAIL’s ability to expand its production capacity and maintain its dominance in the Indian steel market. With the government’s continuous push for urbanization and industrial growth, the demand for steel is expected to remain strong, providing SAIL with ample opportunities for growth. Additionally, the company’s strategic focus on sustainability and innovation will help it remain competitive in an increasingly green-conscious market.

SAIL Share Price Target for 2035

Looking even further ahead to 2035, SAIL is projected to emerge as one of the global leaders in the steel industry. By this time, the company is expected to have fully adopted sustainable steel production practices, positioning itself as a leader in the transition to green manufacturing. As environmental regulations tighten and the world shifts towards more sustainable practices, SAIL’s early investments in cleaner technologies will allow it to stay ahead of the curve.

The SAIL share price target for 2035 is estimated to be between ₹350 and ₹400, reflecting the company’s long-term growth potential. With global demand for steel continuing to rise, especially in emerging economies, SAIL will be able to capitalize on both domestic and international markets. The company’s focus on innovation, sustainability, and cost-efficiency will ensure its growth and success in the coming decades. For investors looking for long-term returns, SAIL presents a compelling option.

Factors Influencing SAIL’s Share Price

Several key factors are expected to influence SAIL’s share price over the coming years:

Infrastructure Growth: The Indian government’s focus on infrastructure development, including roads, railways, airports, and urban development, will continue to drive demand for steel, benefiting SAIL directly.
Technological Advancements: SAIL’s continuous efforts to modernize its production facilities and adopt cutting-edge technologies will boost its operational efficiency and reduce costs, thereby improving profitability.
Sustainability Efforts: With increasing global focus on sustainability and green energy, SAIL’s investment in environmentally friendly production methods will be a significant factor in maintaining its competitiveness in both domestic and international markets.
Global Steel Demand: As the world economy grows, particularly in emerging markets, the demand for steel is expected to increase. SAIL’s expanding export capabilities will help the company tap into these growing markets, providing new revenue streams.
Government Policies: Supportive government policies, including incentives for local production and measures to promote the domestic steel industry, will continue to bolster SAIL’s performance.

Conclusion

Steel Authority of India Ltd (SAIL) is poised for long-term growth, with promising share price targets for 2023, 2025, 2027, 2030, and 2035. The company’s focus on modernization, sustainability, and innovation, along with the rising demand for steel in infrastructure projects, positions it as a key player in India’s industrial development. The SAIL share price targets of ₹100 — ₹120 in 2023, ₹150 — ₹180 in 2025, ₹200 — ₹230 in 2027, ₹250 — ₹300 in 2030, and ₹350 — ₹400 in 2035 reflect the company’s potential for steady growth.

For investors seeking long-term opportunities, SAIL offers a compelling investment option, with its strong market presence, commitment to innovation, and ability to capitalize on both domestic and global demand. As India continues to grow and urbanize, SAIL will remain a critical player in shaping the country’s infrastructure, making it a stock worth considering for those with a long-term investment horizon.