Frequent question: Is it good to buy SAIL share?

Is it good to buy SAIL shares now?

SAIL share price outlook

Strong steel cycle will help realization to remain high for next few months and therefore we recommend buying this counter at the current levels for the target of ₹152 to ₹165 within a year and advise to keep stop loss at ₹117 level on closing basis.”

What is the target price of SAIL share?

) with a target price of Rs 175. The current market price of Steel Authority of India (SAIL) Ltd. is Rs 138.2. Time period given by analyst is one year when Steel Authority of India (SAIL) Ltd. price can reach defined target.

What share are good to buy now?

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Is SAIL a good share to invest 2020?

The share price of SAIL has halved over the past one year from Rs 110 to its current price of Rs 54. … However, SAIL is a good long term bet and can easily double in the next 18 months.

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Why is SAIL share price increasing?

Analysts at Equirus believe the SAIL stock is “poised for a big leap” with key triggers being capacity expansion, more room for price increase and captive iron ore resources. … Over the years, SAIL has been a laggard due to project delays, high employee costs and high cost structure compared to its peers.

Which share is best to buy tomorrow?

33 Best intraday tips for tomorrow NSE

Company Intraday trade Stoploss
Tata Consumer Product Ltd – TATACONSUM SELL 857.9
Titan Company Limited – TITAN BUY 1803.03
Bandhan Bank Limited – BANDHANBNK BUY 267.8
Berger Paints (I) Limited – BERGEPAINT BUY 777.2

Is Sail good for long term?

The share price of SAIL has halved over the past one year from Rs 110 to Rs 54 currently. … The fear in the market has been two-fold — bloating cost of its various projects and unhedged foreign borrowings and exchange losses. However, SAIL is a very good long term bet and can easily double in the next 18 months.

Is sail a debt free company?

‘ When we think about how risky a company is, we always like to look at its use of debt, since debt overload can lead to ruin. Importantly, Steel Authority of India Limited (NSE:SAIL) does carry debt.

Which share will grow in future?

Model Portfolio

Bharat Rasayan 20% 1
KEI Industries 20% 26
Bajaj Finance 14% 2
Britannia Industries 24% 3

Which share is more profitable?

Which are the Most Profitable Shares (Business) in Indian Stock Market?

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SL Name RoCE-5Y (%)
1 TCS 46.83
2 Valiant organics 60.78
3 Sun TV Network 38.86
4 Info Edge 33.19

Which share is lowest price in India?

Lowest Price Share List:

1 20MICRONS 30.75
2 63MOONS 72.7
3 AAKASH 53.1
4 AARON 30.55

Which is better Tata Steel or SAIL?

Tata Steel’s current consolidated debt-to-equity ratio is at 1.63:1. In contrast, SAIL is in a much better position, and has a cash balance of `15684 crore. This keeps its net debtto-equity ratio at 0.24:1 levels, which is fairly comfortable. The company’s current debt situation is better than that of Tata Steel.

Why is Tata Steel rising?

Speaking on the reason for sudden rise in Tata Steel share price Ravi Singhal, Vice Chairman at GCL Securities said, “This rise in Tata Steel share price is due to the short-term sentiment caused by rare double rating upgrade.