Tata Steel Share Price Target: Hello, and welcome to this article. Today, we’ll review Tata Steel’s operations, how it earns profits, potential growth areas and all sorts of information regarding this business to gain a better understanding of the trend in price targets of Tata Steel shares.
In addition, after analysing the company’s stock, we will share the results with you, so that you will have an ideas about this stock.
The company has good growth potential, and it is a great investment option for the long term. This article will discuss Tata Steel Share Price Target 2024, 2025, 2026, 2027 To 2030.
Before dive into Tata Steel stock price targets let’s look at the Tata Steel company background, the technical basics, fundamental analysis, shareholders, future potential etc.
It will help you in making a final decision about your next investment. However, first, let’s examine company history and its complete business structure.
Tata Steel Company Overview
If we look at the company’s business model, then this firm’s core business is iron and steel. The company was established ago in 1907.
This company is part of Tata Group, and it has been operating in the field for over 100 years and is bringing its business in the right direction.
Tata Steel Limited is an Indian multinational steel-making business with its headquarter in Jamshedpur, Jharkhand and headquartered in Mumbai, Maharashtra.
Tata Steel Share Price Target 2024
The company has established its operations in over 26 countries. Additionally, its products are in use in more than 50 countries.
At present, the company is producing over 12.1 million tones of raw material per year. However, it is also the biggest producer of steel.
The company is attentive to its products and can excellently deliver to its customers, thanks to which it produces many products. This is the reason why it is successful in the production of many items.
Tata Steel Share Price Target For 2024 As Follows:
| 2024 | 1st Target- Rs.131 |
| 2nd Target- Rs.228 |
Tata Steel Share Price Target 2025
If we look at the business’s profits and sales, the business is consistently experiencing an increase in sales. Additionally, extremely good returns can also be expected within the near period.
If we examine the business’s debt, it has grown to a certain degree, because of which the decrease in its stock price is observed.
Examining how Tata Steel has experienced an increase in profits and sales, we can conclude that in the next few years, the company will be expected to expand significantly.
Tata Steel Share Price Target For 2025 As Follows:
| 2025 | 1st Target- Rs.230 |
| 2nd Target- Rs.285 |
Tata Steel Share Price Target 2030
If we think about the long term the company’s business model is excellent and we can depend on it with confidence because it is an Tata Group company.
It is likely to earn returns in the future since the company’s business is iron and steel in the next few years. In time, the product is expected to be in high demand, and sales will be very high.
Long-term growth prospects depend on the ability of the company to sustain its competitive edge and adjust to the ever-changing market conditions of the steel industry.
When we look at how the company is attentive to its products and pays attention to its clients and customers, we can conclude that this company will likely grow rapidly and make a profit in the near future.
Tata Steel Share Price Target For 2030 As Follows:
| 2030 | 1st Target- Rs.500 |
| 2nd Target- Rs.528 |
Tata Steel Share Price Target Table
| Years | Targets (₹) |
| 2024 | 1st Target- Rs.131 2nd Target- Rs.228 |
| 2025 | 1st Target- Rs.230 2nd Target- Rs.285 |
| 2026 | 1st Target- Rs.290 2nd Target- Rs.328 |
| 2027 | 1st Target- Rs.329 2nd Target- Rs.365 |
| 2028 | 1st Target- Rs.370 2nd Target- Rs.391 |
| 2029 | 1st Target- Rs.412 2nd Target- Rs.451 |
| 2030 | 1st Target- Rs.500 2nd Target- Rs.528 |
Is Tata Steel a good stock to buy?
The company has extremely strong financials and has regularly paid dividends. If we analyze the pattern of its shareholding, it appears that a substantial percentage of shareholders qualify as (foreign institutional) investors.
Therefore, this is a solid indicator that the stock will be a good buy in the long run.
Fundamental Analysis of Tata Steel Stocks
Tata Steel has demonstrated steady growth in its revenue over the past several years. Net Sales grew to INR 156,476 crores for FY2020-21, INR 243,959 in FY2021-22 and INR 233,445 in FY2023-24. This demonstrates its capacity to make substantial sales.
In addition, Tata Steel has been active with its financial management and increasing its profits. For FY21 and FY22, Tata Steel paid 1325 and 636 million of gross debt in FY21 and FY22, respectively.
It also became net debt-free, excluding the preference shares it issued. The current Debt to Equity ratio is approximately 1.01, which is a good ratio for an industry heavily dependent on debt.
You must be aware of some issues with Tata Steel to establish future price goals. We have discussed the drastic decline in the revenue of Tata Steel as a big issue.
The total amount of debt owed by Tata Steel remains the equivalent of Rs. 89,723 crore, and it must manage this efficiently to prevent any negative effect on its cash flow.
Furthermore, the Steel industry in India is extremely controlled, which may hinder the company’s ability to earn profit.
Over the last five years, Tata Steel’s revenue has grown at a CAGR of 15%, achieving 3% growth in its annual profits.
Factors That may affect Tata Steel stock price
There are a variety of elements that could influence Tata Steel’s price in the future. The most important aspects are:
Market and industry trends: This industry is connected to economic growth and infrastructure development. If India keeps investing in urbanization, infrastructure, and development, the steel need will likely rise. The expansion of global economic growth as well as the growing importance of sustainable infrastructure will influence the steel industry and the price of Tata Steel’s shares.
Acquisitions and investments: Acquisitions and investments Tata Steel has been actively seeking growth opportunities through acquisitions and investments in recent times, such as Usha Martin. Any investment or acquisition is likely to affect Tata Steel’s financial performance and future growth prospects, affecting the stock’s value.
Competition from other Steel companies: It is a fact that the Steel sector in India is highly competitive, which means that Tata Steel faces stiff competition from established firms and newcomers. The increase in competition could affect Tata Steel’s Steel producers market share as well as potential earnings, which could affect the price of its stock.
Regulations and policies of the government: Tata Steel operates in a highly controlled business. Therefore, any changes to the government’s policies or regulations could impact Tata Steel’s financial and operational performance. This could affect Tata Steel’s share price. The competition against other Steel companies.
Social and environmental factors: In the current climate of increased focus on sustainability, as well as ESG (environmental, social, and governance) issues, Any negative effect of Tata Steel’s business on the natural environment and society could cause negative investors’ attitudes towards the stock which could affect the price.
What is the future of Tata Steel share?
Tata Steel’s future Tata Steel shares appear promising considering the company’s solid foundation, its strategic growth plans and its ability to adjust to evolving market conditions.
Tata Steel’s continued commitment to capacity expansion and cost optimization, as well as its commitment to innovation and sustainable practices and its expansion into high-margin sectors and renewable energy, are likely to fuel its growth over the long term.
Is Tata Steel Share Good to buy for the long term?
It is vital to keep in mind that the prices of stocks are affected by a range of variables that include the economic climate, trends in industry as well as the performance of companies and the sentiment of investors.
These variables can shift rapidly and influence Tata Steel’s and other companies prices. It is essential to speak with a certified financial advisor or do your own research before any investment.
Tata Steel’s shareholding patterns
- Promoters- 33.90%
- Foreign Institutions- 19.37%
- Mutual Funds- 6.18%
- Retail & Others- 24.21%
- Domestic Institutions- 11.60%
conclusion
This article is a complete guide to Tata Steel Share Price Target, where you can find out what Tata Steel is, its businesses, and Tata Steel Share Price Target 2024, 2025, 2026, 2027 To 2030.
Share price forecasts are based on our analysis, research, company fundamentals and history, experiences, and various technical analyses. Also, We have talked in detail about Tata Steel’s future prospects and growth potential.
Hopefully, this information will help by having all the share price details of Tata Steel so that you can consider investing in the future.
If you have any questions, please contact us in the comment box. We will be happy to answer any questions you may have. If you like this information, share the article with as many people as possible.
Disclaimer: Dear readers, we’d like to inform you that we are not authorized by SEBI (Securities and Exchange Board of India). The information on this site is only for informational and educational purposes and shouldn’t be considered financial advice or stock recommendations. Also, the share price predictions are completely for reference purposes. The price predictions will only be valid when there are positive signs on the market. Any uncertainty about the company’s future or the current state of the market will not be considered in this study. Though this is just for informational purposes, We are not responsible for any financial loss you might incur through the information on this site. We are here to provide timely updates about the stock market and financial products to help you make better investment choices. Do your own research before any investment.
FAQ
Who is the founder of Tata Steel?
Jamshed Tata is the genesis of the steel company Tata.
In which sector does Tata Steel’s business operate?
Tata Steel operates in the steel and iron sector.
What are the potential risks of investing in Tata Steel’s shares?
Risks involved in investing in shares of Tata Steel include price fluctuations for steel and global economic conditions, competition from other producers of steel as well as environmental rules.
When was the company Tata Steel formed?
Tata Steel Company was founded in 1907.
What has been Tata Steel’s revenue growth over the past five years?
Tata Steel’s growth in revenue over the past five years was like this from March 2019 to March 2020; the company saw a decline in sales of 157,669 crores INR figure to 148,972 crores.
From March 2020 until March 2023, there was an overall increase in sales, increasing to 243,353 crores of INR by March 2023. During this time, Tata Steel saw a fluctuation in its revenues, resulting in a mix of growth and declines.
What is Tata Steel’s profit growth over the last five years?
Tata Steel’s profits growth over the past five years has been like this between March 2019 and March 2020, there was a decline in profit, from 9.122 crores of INR to 1.172 crores.
From March 2020 until March 2022, there was a significant increase in profits, and the number climbed to 41,749 crores in March 2022.
The latest data shows that From March 2022 until March 2024, there is a balance neutral position in profits.
What has Tata Steel’s performance been over the past five years?
Tata Steel’s earnings after tax (PAT) over the past five years have revealed the following trends from March 2019 to March 2020, it posted decreased pat of 9,122 crore to 1,172 crores.
But from Mar 2023 until March 2024, the company reported a negative in pat, which is -3,898 crores.
What are some upcoming projects of Tata Steel that could impact the share price?
Tata Steel is investing in several future projects, including Ludhiana EAF-based steel plant, which is expected to be completed by March 2025. This could increase the company’s future growth and affect its share price.
Are shares of Tata Steel good for investing?
Tata Steel boasts a good history in the stock market, so it’s an excellent return stock. However, it’s dependent on the strategy you choose to buy, which we can observe in the market.