TATA STEEL SHARE PRICE TARGET 2024, 2025, 2026 to 2030

Tata Steel Limited, a member of the Tata Group, is an Indian multinational steel manufacturer. The company’s operations are based in Jamshedpur, Jharkhand, with its headquarters located in Mumbai, Maharashtra. The business has been supplying customers all over the world with high-quality steel products and has a significant presence in Asia, Europe, and Africa. The share price target for Tata Steel Ltd. from 2024 to 2030 will be examined in this article.

We will examine the business’s five-year financial performance, including sales growth, profit growth, and PAT. We’ll also assess Tata Steel Ltd’s potential for future growth and decide whether it’s a worthwhile investment. Now let’s delve in and investigate Tata Steel Ltd’s potential as a source of investment.

How to Purchase Tata Steel Shares?

Below are the trading platforms that you can use to purchase Tata Steel shares:

➤ Zerodha

➤ Upstox

➤ Groww

➤ AngelOne

➤ ICICIDirect

Recommended Broker: Paytm Money

Tata Steel Share Price Prediction: 2024 to 2030

Tata Steel Share Price Target 2024

When Maximum Price Minimum Price
May 2024 174.96 152.14
June 2024 181.26 157.62
July 2024 179.45 156.04
August 2024 186.62 162.28
September 2024 194.09 168.77
October 2024 190.28 165.46
November 2024 195.99 170.43
December 2024 200.89 174.69

In 2024, Tata Steel’s share price has shown a range of fluctuations. As of May, the share price is at ₹162, with projected highs of ₹200.89 by December and lows of ₹152.14 in May.

The stock’s high market capitalization of ₹2,02,545 Cr. and relatively high P/E ratio of 105 indicate strong investor interest despite market volatility.

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Tata Steel Share Price Target 2025

When Maximum Price Minimum Price
January 2025 204.91 157.62
February 2025 210.16 161.66
March 2025 218.36 167.97
April 2025 214.08 164.68
May 2025 207.84 159.88
June 2025 217.20 167.07
July 2025 212.94 163.80
August 2025 219.52 168.86
September 2025 227.21 174.77
October 2025 233.11 179.32
November 2025 238.94 183.80
December 2025 244.91 188.40

In 2025, Tata Steel’s share price is expected to see a steady upward trend, reaching a maximum target of ₹244.91 by December and maintaining strong growth throughout the year, reflecting positive investor sentiment.

Tata Steel Share Price Target 2026 

When Maximum Price Minimum Price
January 2026 252.26 194.05
February 2026 258.73 199.02
March 2026 268.82 206.79
April 2026 263.55 202.73
May 2026 255.87 196.83
June 2026 267.39 205.68
July 2026 262.15 201.65
August 2026 270.25 207.89
September 2026 279.71 215.16
October 2026 286.98 220.76
November 2026 294.16 226.28
December 2026 301.51 231.93

Tata Steel Share Price Target 2027

When Maximum Price Minimum Price
January 2027 307.54 236.57
February 2027 315.43 242.64
March 2027 327.73 252.10
April 2027 321.30 247.16
May 2027 311.95 239.96
June 2027 325.98 250.76
July 2027 319.59 245.84
August 2027 329.48 253.44
September 2027 341.01 262.31
October 2027 349.87 269.13
November 2027 358.62 275.86
December 2027 367.59 282.76

Tata Steel Share Price Target 2028

When Maximum Price Minimum Price
January 2028 374.94 288.41
February 2028 384.55 295.81
March 2028 399.55 307.35
April 2028 391.71 301.32
May 2028 380.31 292.54
June 2028 397.42 305.71
July 2028 389.63 299.71
August 2028 401.68 308.98
September 2028 415.74 319.80
October 2028 426.54 328.11
November 2028 437.21 336.31
December 2028 448.14 344.72

Tata Steel Share Price Target 2029

When Maximum Price Minimum Price
January 2029 457.10 351.62
February 2029 468.82 360.63
March 2029 487.11 374.70
April 2029 477.56 367.35
May 2029 463.65 356.65
June 2029 484.51 372.70
July 2029 475.01 365.39
August 2029 489.70 376.69
September 2029 506.84 389.88
October 2029 520.02 400.01
November 2029 533.02 410.01
December 2029 546.34 420.26

Tata Steel Share Price Target 2030

When Maximum Price Minimum Price
January 2030 557.27 428.67
February 2030 571.56 439.66
March 2030 593.85 456.81
April 2030 582.21 447.85
May 2030 565.25 434.81
June 2030 590.69 454.37
July 2030 579.10 445.46
August 2030 597.01 459.24
September 2030 617.91 475.31
October 2030 633.97 487.67
November 2030 649.82 499.86
December 2030 666.07 512.36

Financial Condition of Tata Steel: Last 5 years

Year Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Sales (In Cr INR) 157,669 148,972 156,477 243,959 243,353
Expenses
(In Cr INR)
128,351 131,144 125,973 180,469 211,053
Operating Profit
(In Cr INR)
29,318 17,828 30,504 63,490 32,300
OPM % 19% 12% 19% 26% 13%
Other Income
(In Cr INR)
1,524 -2,920 180 1,300 1,569
Interest
(In Cr INR)
7,660 7,581 7,607 5,462 6,299
Depreciation
(In Cr INR)
7,342 8,708 9,234 9,101 9,335
Profit before tax
(In Cr INR)
15,841 -1,380 13,844 50,227 18,235
Tax % 42% 185% 41% 17% 56%
Net Profit
(In Cr INR)
9,122 1,172 8,190 41,749 8,075
EPS in Rs 9.07 1.38 6.26 32.88 7.17
Dividend Payout % 15% 74% 40% 16% 50%

Over the last five years, Tata Steel’s financial performance has seen more growth than losses.

In the fiscal year ending March 2019, the company reported sales of 157,669 crores INR, with an operating profit of 29,318 crores INR and a net profit of 9,122 crores INR.

However, in the following year, the company faced challenges as sales declined to 148,972 crores INR, resulting in a decrease in operating profit and a net profit of 1,172 crores INR.

By March 2021, Tata Steel rebounded with sales of 156,477 crores INR and a net profit of 8,190 crores INR.

In the fiscal year ending March 2022, the company witnessed a significant improvement in its financial performance, with sales soaring to 243,959 crores INR and a net profit of 41,749 crores INR.

However, in the most recent fiscal year ending March 2023, Tata Steel experienced a slight decline in sales to 243,353 crores INR and a net profit of 8,075 crores INR. Despite the fluctuations, the company has maintained a dividend payout ranging from 15% to 74% during this period, indicating a commitment to returning value to its shareholders.

FAQS

What is the current share price of TATA Steel?

As of May 11th, 2024, the current share price of TATA Steel is approximately 162 INR.

Can TATA Steel’s share price reach 500 INR by 2025?

While TATA Steel’s share price can reach 500 INR by 2025, it is difficult to predict with certainty as it depends on various factors such as market conditions and company performance. According to our analysis, Tata Steel should reach Rs. 500 by 2029.

What are some factors that could contribute to TATA Steel’s share price growth?

Factors such as increasing demand for steel, expanding global markets, government initiatives, and efficient operations can contribute to TATA Steel’s share price growth.

What are some risks associated with investing in TATA Steel’s shares?

Risks associated with investing in TATA Steel’s shares include fluctuations in steel prices, global economic conditions, competition from other steel producers, and environmental regulations.

What is TATA Steel’s revenue growth in the last five years?

Tata Steel’s revenue has shown a significant upward trajectory over the last five years, increasing from 157,669 crores INR in March 2019 to 243,353 crores INR in March 2023, reflecting substantial growth in the company’s sales.

What are some upcoming projects of TATA Steel that could impact its share price?

TATA Steel is investing in various upcoming projects, including the expansion of its Kalinganagar plant, which could contribute to the company’s future growth and impact its share price.

What is Tata Steel’s price target for 2025?

According to our analysis, Tata Steel in 2025 is expected to trade in between ₹157.62 and ₹244.91.

What is Tata Steel’s share price target for 2030?

According to our analysis, Tata Steel in 2030 is expected to trade in between ₹428.67 and ₹666.07.

Check Price targets of other Tata Companies:

Conclusion

Tata Steel’s financial performance over the past five years has demonstrated resilience and growth, with noteworthy improvements in sales and profits. The share price projections from 2024 to 2030 indicate a potential for upward movement, offering promising opportunities for long-term investors. The company’s commitment to shareholder value through consistent dividend payouts reflects stability and a focus on rewarding investors. While acknowledging inherent risks, Tata Steel appears well-positioned for future growth, making it an appealing prospect for those considering investments in the steel industry. Investors should stay vigilant, conducting thorough research and monitoring market trends to make informed decisions.

Please note: The article “Tata Steel price target 2024 to 2030′ is not a recommendation. Please use it for educational purposes only and consult a financial advisor before investing in Tata Steel.

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Author: Neelam KushwahaNeelam Kushwaha is a Bachelor's student in Computer Science at Hansraj College with a keen interest in finance and the stock market. She is a senior editor at Financesrule, where she shares her insights and expertise in researching stock price predictions. Neelam's analytical skills and unique perspectives make her a valuable asset to the financial community. In her free time, she enjoys reading and traveling.

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