I know you want to see the share price prediction of National Steel & Agro Industries Ltd for the upcoming year 2022 to 2030. It is the best article to know some deep knowledge about this share and we hope this article may helpful for you.
According to the fundamental analysis, I have analyzed there are many kinds of information for this share like the quarterly reports, annual reports, company statics, market cap, enterprises value, price to earnings ratio, and also try to include technical analysis of this share which you will get in the further section.
In this article, firstly I am going to start with the National Steel & Agro Industries Ltd, services, products, and basic information so that will know more about this share, which is considered ahead.
About National Steel & Agro Industries Ltd
National Steel & Agro Industries Ltd is one of the best steel manufacturing companies. It was incorporated on January 9, 1985, in the name of the city Indore Madhya Pradesh and it achieved the certificate of the beginning of business on October 4, 1985. The National Steel manufactures and exports steel from central India. The company has diversified interests across industries such as steel.
The company breaks a pioneering position in the sector. National Steel manufactures across the industries like Steel, Power, and Agriculture it is a certified company. The National Steel & Agro Industries Ltd is firstly known for its flat steel products Galvanized Corrugated Sheets, rolled coil, Color Coil, and already painted profile sheets.
Updated News Of National Steel & Agro Industries Ltd
The company has informed all the shareholders and the company clients that the 35th annual general meeting of National Steel, a general meeting is going to be held on the day of Friday, September 10, 2021, at 12:30 pm o’clock by video conferencing to make the businesses as set out in the notice of Assistant General Manager.
The purposes of the registered office of the National Steel & Agro Industries Ltd may be accepted as per the discussion of the business conference meeting. In the year 2015, the file of member and share transfer register of the National Steel remained closed from the day of Saturday, September 4, 2021, until the day of Friday, September 10, 2021, as per the discussion of the Assistant General Manager.
Here is the year-wise share price target of national steel and agro-industries. I have predicted with the help of technical and fundamental analysis, it is my own prediction if the company keeps performing so the price may increase.
| Year | Target Of National Steel & Agro Industries Ltd |
|---|---|
| 2022(Target-1) | Rs.16 |
| (Target-2) | Rs.26 |
| 2023(Target-1) | Rs.42 |
| (Target-2) | Rs.57 |
| 2024(Target-1) | Rs.78 |
| (Target-2) | Rs.105 |
| 2025(Target-1) | Rs.198 |
| (Target-2) | Rs.265 |
| 2030(Target-1) | Rs.582 |
| (Target-2) | Rs.610 |
In this section, I am going to talk about the share price target of National Steel for the year 2022, on the basis of Company Fundamental. The company in the quarter closed on June 30, 2021, the statement has been marked by the National Steel management pursuant to the requirement of regulation, 2015 as changed. This statement is the responsibility of the company’s management and is verified by the board of directors.
In the financial year March 2020, National Steel collected sales of at least Rs.1,309.33 crore, and in the same year, the total expenditure of the company was Rs.1,331.48 crore. Ahead is the operating profit of National Steel which was Rs.-22.15 crore, and after that, another other income in the similar year was Rs.1,595 crore. The main point is the interest which is the company has earned around Rs.142.42 crore after paying all the essential taxes. If we try to predict the National Steel & Agro Industries Ltd Share Price Target/Prediction/Forecast 2022, 2023, 2024, 2025, And 2030.
The operating margin is -0.93%. Friends both financial years are giving the result is that the financial year 2020, net sales and total expenditure are too good. So, based on the company’s performance we can estimate the first share price target for the year 2022 is Rs.16, and the second share price target for the same year is Rs.26.
In this object, I am going to talk about the Company Essentials in which we can get all over the stats of the company. In this company, the Market Cap is 18.47 crore which is an average market cap from the year June 2021. Because in the Months June 2021, the market cap of the company has too minimum from the current time. The further point is the enterprise’s value which is the company has maintained Rs.1,511.30 crore.
Another point is the no. of shares which is Rs.4.45 crore, and the price-to-earnings ratio is Rs.0, same as the P/B ratio of the company is Rs.0, Face Value is Rs.10, DIV. YIELD is 0%, Book value is Rs.-303.44, The current cash of National Steel is Rs.9.06 crore. The total Debt of the company is Rs.1,501.89 crore. Promoter Holding is 89.85%. The base on company essentials if we try to forecast the first possible target in the year 2023 shall be Rs.42, The further share price target in the same year can be Rs.57.
In this part, we will talk about the company’s Profit & loss. In the year March 2020, the company attained net sales of around Rs.1,309.33 crore, which was a better achievement for the company. Because that time as per the government rules fully lockdown all over India due to the corona pandemic. Still, the company is performing on average so, the first share price of the company in the year 2024, maybe Rs.78, The second share price target can be Rs.105.
In the same year, the net profit of National Steel was Rs.-290.83, because the company invested some assets in the making of new materials. In the financial year 2021, the net sales of the company were Rs.1,578.48 crore, this is also a good value for the company to utilize in the company management, employee, and other essential expenses.
According to the Cash Flows in the year 2021, the total profit from an operation is Rs.-2,52.72 crore compared to the back session 2020 of Rs.-237.27 crore for the back year. In the same year the company has tax paid 0, whereas the net cash flows Rs.-0.13 crore compared with the year of 2020 Rs.-1.28 crore for the previous year, and in the same year, the ROA of the company is -34.39 lac. The classification of the company account as non-performing assets by its leaders.
The outbreak of the Covid-19 pandemic the entire lockdown in economic activities across the world. Due to this, the steel demand has expected to come down in the year 2020. Cause of the nationwide lockdown alliance by the Government of India with effect from March 25, 2020, the production activities of the company were severely affected.
Today’s share price of the National Steel and Agro Industries Ltd is Rs.3.45, whereas, in the financial year 2018, the share price was Rs.32.74. So, friends if compare both share prices we can see there are too different. Because in the financial year 2019 to 2020 the company business was very lower that’s why the company share price chart is trending at the same surfaces. Due to this, the first possible target of the company in the year 2022 shall be Rs.198. If the company is growing in its business segment the second possible target may be around Rs.265.
Dear, I am going to talk predict there are two possibilities share price targets on the basis of an Expert View on National Steel & Agro Industries Ltd company has in the year 2020, the profit from operation value was Rs.-237.27 crore, and in the year 2019, the profit from operations was Rs.-327.13 crore. That is more different in both years of values but we can say the performance of the price chart the company can achieve the first share price target of Rs.582, and the second share price target of Rs.610, in the year 2030.
National Steel has a holding pattern of at least 50.03%. This indicates a great value and profitability for National Steel. If we want to know about the company promoters which is 49.85% and the price for growth look at the best cheap and best valuation of the company. The company has shown lower revenue growth of -30.97% in the previous three years. Friends, it’s all about giving a good answer that the company will be better performing.
Conclusion
In this article, we have done a detailed analysis of the National Steel & Agro Industries Ltd Share Price Target/Prediction/Forecast 2022, 2023, 2024, 2025, And 2030. We tried to include every aspect in our article which is really Essential, Fundamental Analysis, Expert View, and Company Future to know before investing in any particular company shares.
If the article is helpful for you kindly like and share, it with your friends, family, and colleagues and do critical comments.
I am a skillful trainer of the share market for the last 7 years. I have better knowledge of technical analysis, fundamental analysis, chart understanding, writing about share market, investing as well as trading which I wanted to spread all over the people.