SAIL Share Price Target: Centrum downgrades stock to ‘Sell’; sees 17% downside despite higher TP – Markets
Centrum has downgraded Steel Authority of India Ltd (SAIL) to “Sell” from “Neutral” and raised the target price to Rs 160 from Rs 140, citing weaker risk-reward despite a stronger-than-expected Q4FY26 earnings performance. Shares of SAIL closed at Rs 192.35 per share on Friday, May 15. SAIL reported a mixed March quarter, with revenue broadly…
