SAL Steel Share Price Target Tomorrow 2024 To 2030- Market Overview, Income Statement

SAL Steel Ltd is a well-established Indian company involved in manufacturing sponge iron, ferroalloys, and power generation. Based in Gujarat, SAL Steel plays a key role in supporting the steel and alloy industry by providing high-quality raw materials essential for steel production. SAL Steel Share Price on NSE as of 14 November 2024 is 24.69 INR. Here will provide you more details on SAL Steel Share Price Target 2024, 2025, 2026 to 2030.

SAL Steel Ltd: Market Overview

• Open Price: ₹24.49
• High Price: ₹25.41
• Low Price: ₹24.14
• Previous Close: ₹24.06
• Volume: 85,801.00
• Value (Lacs): ₹20.93
• VWAP: ₹24.45
• UC Limit: ₹26.46
• LC Limit: ₹21.65
• P/E ratio: 298.01
• Div yield: N/A
• 52-wk high: ₹31.18
• 52-wk low: ₹15.70
• Mkt cap: ₹206.47Cr
• Face Value: ₹10.00

SAL Steel Share Price Chart

SAL Steel Share Price Target Tomorrow 2024 To 2030

SAL Steel Share Price Target 2024

SAL Steel share price target 2024 Expected target could be ₹35. Here are three key factors that could influence SAL Steel Ltd’s share price target in 2024:

• Increased Steel Industry Demand: Rising demand for steel in infrastructure, construction, and manufacturing sectors can boost the need for sponge iron and ferroalloys, directly benefiting SAL Steel’s revenue and growth prospects.
• Operational Efficiency Improvements: Enhancing production processes to reduce costs and improve output quality can increase profitability. Greater efficiency may attract investor confidence, positively impacting the company’s share price.

• Expansion in Power Generation Capabilities: Leveraging its power generation segment to support operations and generate additional revenue streams can strengthen the company’s financial stability and growth potential.

SAL Steel Share Price Target 2025

SAL Steel share price target 2025 Expected target could be ₹67. Here are three key factors that could influence SAL Steel Ltd’s share price target in 2025:

• Strategic Market Expansion: Expanding its presence in both domestic and international markets can open new revenue streams, increasing the company’s customer base and supporting its growth.
• Focus on Sustainability Initiatives: Investing in eco-friendly and energy-efficient manufacturing processes aligns with global trends and regulatory requirements. These efforts can enhance the company’s reputation and attract environmentally conscious investors.

• Rising Infrastructure Development: Growth in infrastructure projects and construction activities in India and abroad is expected to drive higher steel demand, boosting the consumption of sponge iron and ferroalloys, which are SAL Steel’s key products.

SAL Steel Share Price Target 2030

SAL Steel share price target 2030 Expected target could be ₹128. Here are three potential risks and challenges that could impact SAL Steel Ltd’s share price target in 2030:

• Raw Material Price Volatility: Fluctuations in the prices of key inputs like iron ore and coal can increase production costs, affecting profit margins and financial stability.
• Regulatory and Environmental Compliance: Stricter environmental laws and sustainability regulations could lead to higher compliance costs. Failure to adapt to these changes may impact operations and investor confidence.

• Industry Competition: The steel and ferroalloy industry is highly competitive, with both domestic and global players striving for market share. Increased competition may limit SAL Steel’s pricing power and growth opportunities.

Shareholding Pattern For SAL Steel Ltd

• Promoters: 50.56%
• FII: 0.07%
• DII: 0%
• Public: 49.37%

FOR MORE DETAIL FOLLOW THE OFFICIAL WEBSITE: http://www.salsteel.co.in/

SAL Steel Ltd Financials

Read Also:- Bajaj Hindusthan Sugar Share Price Target Tomorrow 2024 To 2030 and More Details