Tata Steel Share Price Target 2023 – 2030: Tata Steel, a long-standing leader in the Indian steel industry, has drawn the scrutiny of investors, analysts, and other stakeholders who closely monitor its stock price. This piece endeavors to examine the potential factors that may exert influence on Tata Steel’s share price target in the future.
Tata Steel is one of the world’s driving steelmakers, with a significant presence in Asia, Europe, and the Americas. As a financial specialist, understanding Tata Steel’s development potential is pivotal for making educated venture choices.
In this article, we are going analyze the development openings of Tata Steel over the following decade and give our master conclusion on its share cost targets for 2023, 2024, 2025, 2026, and 2030 a long time.
Global Steel Industry Outlook:
Current Global Steel Industry Outlook: Before exploring the growth prospects of Tata Steel, let us first delve into the current outlook of the global steel industry. Since 2020, the steel industry has been on a path of recovery, and demand has been gradually returning to the pre-pandemic levels. The global steel industry is anticipated to grow at a Compound Annual Growth Rate (CAGR) of 2.7% between 2021-2026, fueled by the increasing demand from the automotive and construction industries.
Tata Steel, a preeminent steel manufacturer worldwide, has a substantial footprint across the Asian, European, and American continents. To make informed investment decisions, it is crucial for investors to comprehend the growth potential of Tata Steel. In this editorial, we will scrutinize the opportunities for growth that Tata Steel may encounter over the next decade and proffer our expert opinion on the share price target for Tata Steel from 2023 to 2030.
Tata Steel: Company Overview:
Tata Steel a Comprehensive Overview: The preeminent company in the Tata Group, Tata Steel, has a storied history that spans well over a century. Its product portfolio is multifarious and encompasses a wide array of flat and long products, tubes, and wire rods.
With a prodigious production capacity of 34 million tonnes per annum, Tata Steel has an influential foothold in both India and Europe, which ideally situates it to exploit the rapidly burgeoning demand for steel, particularly in India and Southeast Asia.
| Company | Tata Steel Limited |
| Company Industry | Steel Production |
| Founded | 25 August 1907 |
| Country | India |
| Primary Exchange | NSE/BSE, India |
| Market Cap | 166, 563.00 |
| Trading Volume | 38,768,010 |
| Net Income | 1.51TCr |
| Net Profit Margin | 2.53% |
| Open (Feb-23) | 122.50 |
| Low | 122.55 |
| High | 120.00 |
| Face Value | 1 |
| Official Website | www.tatasteel.com |
Tata Steel Stock History
Tata Steel’s stocks have shown a tumultuous pattern over the last half-decade, with fluctuating trends in both positive and negative directions. Nonetheless, the corporation’s operational efficiency has recently reached an elevated degree, resulting in a reduction in its financial obligations and a heightened concentration on profitability.
| Year | Month | Low (₹) | High (₹) |
|---|---|---|---|
| 2018 | Jan | 63.26 | 72.05 |
| 2018 | July | 49.30 | 58.65 |
| 2019 | Jan | 44.13 | 52.45 |
| 2019 | July | 40.62 | 50.99 |
| 2020 | Jan | 43.65 | 50.60 |
| 2020 | July | 32.03 | 37.85 |
| 2021 | Jan | 59.60 | 73.15 |
| 2021 | July | 113.02 | 148.18 |
| 2022 | Jan | 106.13 | 124.50 |
| 2022 | July | 83.81 | 109.30 |
Growth Opportunities for Tata Steel:
Tata Steel’s growth prospects: Tata Steel has a robust expansion blueprint that encompasses augmenting its product portfolio, enhancing operational efficacy, and exploring novel geographies.
The corporation is making substantial investments in research and development to create unprecedented, avant-garde products that cater to the continuously changing requirements of its clients. Furthermore, Tata Steel is giving paramount importance to curbing its carbon footprint by adopting sustainable practices.
Tata Steel Share Price Target 2023, 2024, 2025, 2026 and 2030
Tata Steel Share Price Target 2023: Based on our thorough analysis of Tata Steel’s growth prospects, we maintain a bullish outlook on the company’s future performance. Our projections indicate that Tata Steel’s revenue and profitability will experience a compound annual growth rate (CAGR) of 8% over the course of the next decade.
This enhancement achievement will be propelled by the expansion of the company’s product line, the optimization of operational efficiency, and the favorable trends observed within the industry. In light of these factors, we have established the following share price targets for Tata Steel: 👇
Tata Steel Share Price Target 2023
In 2023, the expected minimum and maximum price range of Tata Steel’s shares is prognosticated to lie between Rs. 122.50 – Rs. 155.20, with the average share price ranging between Rs. 115.00 – Rs. 130.40. The highest share price by year-end is estimated to be between Rs. 145.60 – Rs. 155.30.
The expected tata steel share price target 2023:
- Lower Share Price : ₹ 122.50 to ₹155.20
- Average Share Price : ₹ 115.00 to ₹ 130.40
- Higher Share Price : ₹ 145.60 to ₹155.30
Tata Steel Share Price Target 2024
For the year 2024, the projected minimum and maximum price range for Tata Steel’s shares are Rs. 132.80 – Rs. 150.70, with the average share price range between Rs. 140.00 – Rs. 150.10. The highest share price by the year-end is predicted to be between Rs. 160.25 – Rs. 170.35.
The expected tata steel share price target 2024:
- Lower Share Price: ₹ 132.80 to ₹150.70
- Average Share Price: ₹ 140.00 to ₹150.10
- Higher Share Price: ₹.160.25 to ₹170.35
Tata Steel Share Price Target 2025
By 2025, the expected minimum and maximum price range for Tata Steel’s shares is anticipated to range between Rs. 160.20 – Rs. 175.90, with the average share price range being Rs. 163.10 – Rs. 178.30. The highest share price by the year-end is approximated to be between Rs. 185.30 – Rs. 190.50.
The expected tata steel share price target 2025:
- Lower Share Price: ₹ 160.20 to ₹ 175.90
- Average Share Price: ₹ 163.10 to ₹ 178.30
- Higher Share Price: ₹ 185.30 to ₹190.50
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Tata Steel Share Price Target 2026
Our research indicates that the estimated minimum share price for Tata Steel’s stock in 2026 will lie between Rs. 172.20 – Rs. 185.40, with the average share price range being Rs. 190.90 – Rs. 195.60. The highest share price by the year-end is envisioned to be between Rs. 205.50 – Rs. 215.20.
The expected tata steel share price target 2026:
- Lower Share Price: ₹ 172.20 to ₹ 185.40
- Average Share Price: ₹ 190.90 to ₹ 195.60
- Higher Share Price: ₹.205.50 to ₹ 215.20
Tata Steel share price target 2030
For 2030, we expect the minimum share price of Tata Steel to be between Rs. 245.70 and Rs. 260.30, with an average share price between Rs. 310.20 and Rs 325.80. At the end of the year, the maximum price of the share could reach Rs. 465.80.
The expected tata steel share price target 2030:
- Lower Share Price: ₹ 275.30 to ₹295.50
- Average Share Price: ₹ 310.20 ₹ 325.80
- Higher Share Price: ₹.420.40 to ₹ 465.80
Tata Steel’s Main shareholding patterns List
| SL No | Shareholders | Percentage |
|---|---|---|
| 1 | Promoters | 33.90% |
| 2 | Foreign Institutions | 22.59% |
| 3 | Mutual Funds | 8.18% |
| 4 | Retail & Others | 23.73% |
| 5 | Domestic Institutions | 11.60% |
TATA Steel Revenue Chart
An Appraisal of Tata Steel’s Fundamentals
The financial year 2022-2023 reported total revenue of Rs. 1,27,681.37 crore and expenses of Rs. 86,741.27 crores for Tata Steel. The current net worth of the company is Rs. 1,25,433.76 crore, with a net profit margin after tax of Rs. 25.59 crores.
Tata Steel, a publicly-traded entity listed on the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) in India, boasts of a robust management team with an unswerving track record of financial performance, rendering it a tempting investment opportunity. The market demand for the company’s products is incessant, with a dividend yield of 4.80%, signifying recurring profits year after year.
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Check the live share price status of 👉 Tata Steel here.
FAQ
Q1. What will be Tata Steel share price in 2030?
Ans: For 2030, we expect the minimum share price of Tata Steel to be between Rs. 245.70 and Rs. 260.30, with an average share price between Rs. 275.30 and Rs 465.80. At the end of the year, the maximum price of the share could reach Rs. 325.
Q2. Is Tata Steel a good buy for long term?
Investors with an interest in purchasing Tata Steel shares must be cognizant of the growth prospects and existing global steel industry outlook. Tata Steel is a distinguished steel manufacturer with a robust presence in Asia, Europe, and America. In this composition, we shall scrutinize Tata Steel’s potential for growth and impart our proficient opinion on the stock price target for 2023, 2024, 2025, 2026, and 2030.
Q3. What is the target price of Tata Steel share?
Based on our evaluation of Tata Steel’s growth prospects, we hold a bullish view of the company’s future. We anticipate Tata Steel’s revenue and profitability to expand at a CAGR of 8% over the next decade, propelled by the expansion of its product line, the enhancement of operational efficiency, and the favorable trends in the industry.
Q4. What will be the share price of Tata Steel after 5 years?
For 2030, we expect the minimum share price of Tata Steel to be between Rs. 245.70 and Rs. 260.30, with an average share price between Rs. 275.30 and Rs 465.80. At the end of the year, the maximum price of the share could reach Rs. 325.
Q5. What will be the target share price of Tata Steel in 2025?
For 2030, we expect the minimum share price of Tata Steel to be between Rs. 245.70 and Rs. 260.30, with an average share price between Rs. 275.30 and Rs 465.80. At the end of the year, the maximum price of the share could reach Rs. 325.
