Sail is known as Steel Authority of India limited. It is a Maharatna company. Sail is one of the largest producer of steel in India.
It was responsible for managing the five Integrated plants of Bhilai, Bokaro Durgapur, Rourkela, etc.
Sail share has touched its all time high in the year of 2008. It was the year of severe financial crisis.
In the last 22 years, the stock has its lowest price in year 2001. When it was trading at 3.95 rupees.
Government of India is the promoter, holding 65% of its stake in sail.
Its earning per share EPS looks great. That is 29 per share. It means, Company earns 29 rupees for a share
Sales of the stock has grown by 16% year on year On an average basis.
Company has operating profit margin of 30% for 3 consecutive year on an average.
If we look for long term perspective the company has generated 18% of operating profit margin for 9 years period.
On average, SAIL has grown its profit margin of 55% from last 10 years,
To know its Future Price Target...