TATA STEEL SHARE PRICE TARGET 2023-2030. CAN IT REACH 500INR BY 2025.

The largest steel producer in India and a major player internationally is Tata Steel Ltd. 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 2023 to 2030 will be examined in this article.

The company announced that its net profit for the three months ending March 31, 2023, fell by 82.5% to Rs 1,705 crore. In the same time last year, it earned a net profit of Rs 9,756 crore. In Q4FY23, the company’s operating revenue decreased by 9% to Rs 62,962 crore from Rs 69,324 crore in Q4FY22.A dividend of Rs. 3.6 per share was announced.

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.

Latest news about Tata Steel Ltd

➤Tata Steel has awarded a contract to INOX Air Products (INOXAP) for the installation of two air separation units (ASUs) at its Meramandali Plant in the Dhenkanal region of Odisha. With an estimated expenditure of Rs. 1,300 crores, the two ASUs would be able to generate 1,800 tonnes of oxygen daily in addition to nitrogen and argon.

➤According to CEO and managing director T.V. Narendran, Tata Steel sees ample room for development within its current facilities to carry out an expansion plan that will almost quadruple its current capacity in India to 40 million tonnes by 2030. The UK government and the steel giant will continue to discuss a financing package for operations there, he added.

➤The RRR (Reduce, Reuse, Recycle) Centre will be officially opened by the Swachh Bharat Mission Urban between May 15 and June 5, 2023, in order to promote cleanliness and sustainability. The road map for Mission Life was thoroughly discussed on May 13 by Jamshedpur Notified Area Committee (JNAC) and Tata Steel Utilities and Infrastructure Services Limited (TSUISL) in advance of this critical milestone.

➤Tata Steel Mining Limited (TSML) and Bharat Petroleum Corporation Limited (BPCL) have signed a Memorandum of Understanding (MoU) to ensure a long-term supply of liquefied natural gas (LNG) for the company’s ferro alloys plant in Jajpur, Odisha. Principal Secretary of the Industries Department of the Government of Odisha Hemant Sharma, as well as important representatives from both firms, witnessed the signing of the agreement. According to the MoU, TSML’s Ferro Alloys factory in Jajpur would get the agreed-upon quantity of natural gas from BPCL, a major public sector oil and gas company in India, via its pipeline. The plant’s carbon impact will be significantly reduced thanks to our agreement.

How to purchase Tata Steel Ltd shares?

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

➤ Zerodha

➤ Upstox

➤ Groww

➤ AngelOne

➤ ICICIDirect

Tata Steel Ltd Share Price Prediction: 2023 to 2030.

Tata Steel Ltd Share Price Prediction 2023.

We can see the predicted share price range of TATA STEEL LTD for each month in 2023. The maximum and minimum prices for each month are provided, allowing investors to estimate the potential price range of the stock.

Looking at the data, we can see that the share price is expected to fluctuate throughout the year. The maximum price is predicted to reach ₹194.36 in December 2023, while the minimum price is expected to be ₹76.61 in May 2023. The growth percentage for the year is difficult to estimate, as it depends on the starting price of the stock, but the data shows that the share price is likely to experience both bullish and bearish trends throughout the year.

Tata Steel Ltd Share Price Prediction 2024.

Analyzing  TATA STEEL LTD’s share price targets for each month in 2024, we can see that the maximum price target for the year is expected to be ₹272.11 in December, while the minimum price target is predicted to be ₹141.01 in May. This indicates that the share price is likely to experience significant volatility throughout the year.

While the exact return on investment is difficult to estimate without knowing the starting price of the stock, the data suggests that investors may have the potential for a positive return in 2024. Therefore, investors should approach TATA STEEL LTD’s share price target for 2024 with caution and perform their own analysis before making any investment decisions.

Tata Steel Ltd Share Price Prediction 2025.

It is easy for us to tell the predicted share price targets for TATA STEEL LTD for each month in 2025. The data shows that the share price is expected to continue experiencing volatility throughout the year, with the maximum price target of ₹330.08 in December 2025 and the minimum price target of ₹191.54 in May 2025.

Based on the data, the average target price for TATA STEEL LTD in 2025 appears to be around ₹280. This suggests that the share price has the potential to generate an upside for investors who purchase the stock at a lower price than the target. Overall, the data indicates that TATA STEEL LTD’s share price target for 2025 may present opportunities for investors, but the potential for volatility suggests that investors should approach the stock with caution.

Tata Steel Ltd Share Price Prediction 2026-2030.

The table provides the predicted share price targets for TATA STEEL LTD for the years 2026 to 2030. The data suggests that the share price is expected to continue experiencing volatility, with the maximum price target of ₹808.69 in 2030 and the minimum price target of ₹137.48 in 2027.

In 2026, the share price is expected to have a maximum target of ₹231.05 and a minimum target of ₹161.74. As with any investment, there is no guarantee that the share price will reach its target, and investors should conduct their own analysis before making any investment decisions. The data indicates that TATA STEEL LTD’s share price target for 2026 to 2030 may present opportunities for investors, but also suggests the potential for volatility. It is recommended that investors consult with a financial advisor or do their own research before making any investment decisions.

Financial Condition of Tata Steel Ltd: Last 5 years

Tata Steel Ltd share price target by Experts

Sharekhan on Tata Steel Ltd share price target

Sharekhan has given a buy call on Tata Steel Ltd. According to him, you can continue buying Tata Steel Ltd share with a target price of Rs130.

Motilal Oswal on Tata Steel share price target

Motilal Oswal recommends buying Tata Steel Ltd with a target price of Rs115.

Kotak Securties on Tata Steel share price target

Kotak Securities has suggested to buy Tata Steel with a price projection of Rs 112.

FAQS

What is the current share price of TATA Steel?

As of April 2023, the current share price of TATA Steel is approximately 106 INR.

What is TATA Steel’s share price target for 2023-2030?

Based on various analysts’ estimates, TATA Steel’s share price target for 2023-2030 ranges from 400INR to 600INR.

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

While it is possible for TATA Steel’s share price to reach 500INR by 2025, it is difficult to predict with certainty as it depends on various factors such as market conditions and company performance.

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.

Is TATA Steel a good stock to buy?

TATA Steel’s long-term growth potential and strong financial performance make it an attractive stock to consider for investment. However, investors should also consider their risk tolerance and investment goals before making a decision.

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

TATA Steel’s revenue growth has increased from approximately 1,23,249.07 crore INR in March 2018 to 2,43,959.17 crore INR in March 2022.

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

TATA Steel’s profit growth has increased from approximately 13,434.33 crore INR in March 2018 to 40,153.93 crore INR in March 2022.

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

TATA Steel’s PAT (profit after tax) has increased from approximately 10,218.33 crore INR in March 2019 to 40,153.93 crore INR in March 2022.

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.

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Conclusion

In conclusion, Tata Steel Ltd. has grown significantly over the past five years, with a 97% increase in revenue and an 87% increase in profit. The company’s PAT has also seen a positive trend, growing by 19%. A optimistic outlook may be seen in the company’s share price estimates for the years 2023 to 2030, which range from 76.61 to 808.69. It is safe to conclude that Tata Steel Ltd shares represent a strong investment opportunity for investors hoping to profit from the company’s future growth potential given the company’s steady growth in revenue and profits.

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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