One of the biggest steel producers in the world, Tata Steel, has held a significant position on the Indian equity market for many years. The price of the company’s stock is affected by a number of variables, including changes in the price of raw materials, changes in government regulations, and economic expansion.
Tata Steel has seen considerable changes in terms of technology, sustainability, and effectiveness in recent years. By strategic alliances and acquisitions, the corporation has also increased its global reach. The company’s financial performance has been impacted by all of these occurrences, which is seen in the share price fluctuation.
Tata Steel’s share price movement is being keenly watched by investors and experts, particularly in light of the ongoing epidemic and the drive to sustainable business methods.
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Contents
HOW TO BUY TATA STEEL SHARES?
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TATA STEEL IN RECENT NEWS
- An MoU has been signed between Tata Steel Mining and GAIL to secure clean fuel.
- Tata Steel has set a target of achieving net-zero emissions by 2045.
- The Vice Chairman of Tata Steel inaugurated the i-RMSC in Jamshedpur.
- Tata Steel engaged in advanced discussions to secure financing for its UK plant.
- Tata Steel achieves a historic milestone as the first Indian company to employ an LNG-powered Capesize carrier for transporting raw materials.
- The company places a strong emphasis on the growth of its Kalinganagar operations and debt reduction.
- T V Narendran, the CEO of Tata Steel, reports a substantial uptick in discussions with the UK government.
TATA STEEL SHARE PRICE TARGET 2023
| TATA STEEL SHARE PRICE TARGET 2023 | Maximum Price | Minimum Price |
| September 2023 | ₹138.82 | ₹126.01 |
| October 2023 | ₹156.02 | ₹120.01 |
| November 2023 | ₹171.62 | ₹132.01 |
| December 2023 | ₹192.21 | ₹147.86 |
Tata Steel’s share price target for 2023 looks bullish, as per the price predictions in the table above. Despite some fluctuation in the earlier months of the year, the company’s share price is expected to show an overall uptrend with a growth percentage of around 70%. By December 2023, the maximum predicted price for Tata Steel shares is ₹192.21.The positive trend in Tata Steel’s share price is driven by various factors, such as the company’s strategic initiatives, expansion plans, and overall growth in the steel industry. However, investors should keep a close eye on the global economic and political environment, as any major shifts in these areas could impact Tata Steel’s performance and share price movement.
TATA STEEL SHARE PRICE TARGET 2024
| TATA STEEL SHARE PRICE TARGET 2024 | Maximum Price | Minimum Price |
| January 2024 | ₹202.33 | ₹179.45 |
| February 2024 | ₹227.34 | ₹189.45 |
| March 2024 | ₹239.30 | ₹194.55 |
| April 2024 | ₹217.55 | ₹167.34 |
| May 2024 | ₹181.29 | ₹139.45 |
| June 2024 | ₹217.55 | ₹167.34 |
| July 2024 | ₹184.92 | ₹143.35 |
| August 2024 | ₹203.41 | ₹161.43 |
| September 2024 | ₹213.58 | ₹164.29 |
| October 2024 | ₹251.27 | ₹193.28 |
| November 2024 | ₹263.83 | ₹202.95 |
| December 2024 | ₹269.11 | ₹207.01 |
The year 2024 is expected to bring further growth opportunities for Tata Steel. The company’s shares are predicted to continue showing an overall uptrend with a growth percentage of around 160%. The maximum share price target for 2024 is ₹269.11, while the minimum is ₹179.45 , indicating significant volatility in the share price. The expected growth in Tata Steel’s share price is driven by the company’s continued expansion plans, strategic initiatives, and the overall growth of the steel industry. However, as with any investment, there are potential risks that could impact the share price, such as shifts in global economic and political environments or changes in market demand and supply dynamics. Investors should closely monitor these factors and consider them when making investment decisions.
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TATA STEEL SHARE PRICE TARGET 2025
| TATA STEEL SHARE PRICE TARGET 2025 | Maximum Price | Minimum Price |
| January 2025 | ₹274.49 | ₹211.15 |
| February 2025 | ₹288.94 | ₹222.26 |
| March 2025 | ₹303.38 | ₹233.37 |
| April 2025 | ₹270.88 | ₹208.37 |
| May 2025 | ₹246.25 | ₹189.42 |
| June 2025 | ₹270.88 | ₹208.37 |
| July 2025 | ₹257.98 | ₹198.45 |
| August 2025 | ₹268.73 | ₹206.71 |
| September 2025 | ₹282.16 | ₹217.05 |
| October 2025 | ₹299.09 | ₹230.07 |
| November 2025 | ₹320.03 | ₹246.18 |
| December 2025 | ₹326.43 | ₹251.10 |
Tata Steel is expected to continue its growth trajectory in 2025, with a growth percentage of around 50%. The maximum predicted share price for 2025 is ₹326.43, while the minimum is ₹189.42, highlighting the potential volatility in the company’s share price. The growth in Tata Steel’s share price is driven by the company’s expansion plans and initiatives, as well as the overall growth of the steel industry. However, it’s important to note that there are potential risks that could impact the company’s performance and share price, such as changes in the global economic and political environment or shifts in demand and supply dynamics. Investors should stay informed of these factors and consider them when making investment decisions.
TATA STEEL SHARE PRICE TARGET 2026 TO 2030
| TATA STEEL SHARE PRICE TARGET BY | Maximum Price | Minimum Price |
| 2026 | ₹228.50 | ₹159.95 |
| 2027 | ₹194.23 | ₹135.96 |
| 2028 | ₹349.61 | ₹244.73 |
| 2029 | ₹718.15 | ₹502.70 |
| 2030 | ₹799.76 | ₹559.83 |
Looking at the share price predictions for the next few years, Tata Steel is expected to see continued growth in its share price. The maximum predicted share price for 2026 is ₹228.50, while the minimum is ₹159.95, suggesting a potential growth percentage of over 40%. Similarly, the share price is predicted to see growth in 2027 with a maximum price of ₹194.23 and a minimum price of ₹135.96. In 2028, Tata Steel’s share price is predicted to reach a new high, with a maximum of ₹349.61 and a minimum of ₹244.73, which suggests bullish investor sentiment. The share price is expected to continue rising in 2029, with a maximum predicted price of ₹718.15 and a minimum of ₹502.70. Finally, in 2030, the maximum predicted share price is ₹799.76, while the minimum is ₹559.83, which represents a potential growth percentage of over 40%. These predictions suggest a positive long-term uptrend for Tata Steel’s share price, driven by the company’s ambitious growth plans and initiatives, as well as the overall growth of the steel industry.
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FINANCIAL STRENGTH OF TATA STEEL (2019 TO 2023)
| Year | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 |
|---|---|---|---|---|---|
| Sales (in Rs. Crore) | 157,669 | 148,972 | 156,477 | 243,959 | 243,353 |
| Expenses (in Rs. Crore) | 128,351 | 131,144 | 125,973 | 180,469 | 211,053 |
| Operating Profit (in Rs. Crore) | 29,318 | 17,828 | 30,504 | 63,490 | 32,300 |
| OPM % | 19% | 12% | 19% | 26% | 13% |
| Other Income (in Rs. Crore) | 1,524 | -2,920 | 180 | 1,300 | 1,569 |
| Interest (in Rs. Crore) | 7,660 | 7,581 | 7,607 | 5,462 | 6,299 |
| Depreciation (in Rs. Crore) | 7,342 | 8,708 | 9,234 | 9,101 | 9,335 |
| Profit before Tax (in Rs. Crore) | 15,841 | -1,380 | 13,844 | 50,227 | 18,235 |
| Tax % | 42% | 185% | 41% | 17% | 56% |
| Net Profit (in Rs. Crore) | 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, this company has witnessed fluctuations in its financial performance. Notably, the operating profit margin (OPM%) has shown variability, ranging from 12% to 26%, indicating changes in its operational efficiency. In the fiscal year ending March 2023, the company reported a significant surge in both sales and operating profit, with sales reaching Rs. 243,353 crores and operating profit amounting to Rs. 32,300 crores. However, the net profit has fluctuated, with a substantial increase in FY 2022, reaching Rs. 41,749 crores, but then declining to Rs. 8,075 crores in FY 2023. The earnings per share (EPS) has also seen fluctuations, with the highest at Rs. 32.88 and the lowest at Rs. 1.38. The dividend payout percentage has varied, being as low as 15% and as high as 74%. These figures illustrate a mixed financial performance over the years, reflecting both opportunities and challenges for the company.
Key points:
– Sales and operating profit saw significant growth in FY 2023.
– Fluctuations in net profit and EPS indicate variability in bottom-line performance.
– Dividend payout ranged from 15% to 74% over five years, impacting shareholder returns.
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TATA STEEL SHARE PRICE TARGET BY EXPERTS:
– Motilal Oswal has a NEUTRAL outlook on Tata Steel Ltd with a target of Rs. 120 (29th July, 2023).
– ICICI Securities suggests BUYING Tata Steel with a target price of Rs 119.(20th june, 2023)
– JM Financial recommends BUYING Tata Steel Ltd with a target price of Rs 135.
FAQ’s
The maximum share price of Tata Steel in 2025 is Rs.326.43
The maximum share price of Tata Steel in 2027 is Rs. 194.23
The maximum share price of Tata Steel in 2029 is Rs. 718.15
The maximum share price of Tata Steel in 2030 is Rs. 799.76
CONCLUSION: TATA STEEL LTD
It can be said that TATA STEEL has demonstrated excellent growth based on the income growth, PAT, revenue growth, and profit growth over the last five years. Revenue and profit have increased significantly for the company, and PAT has increased at a startling rate. Both the operational profit margin and the net profit margin have remained strong over time, demonstrating that the business is effectively controlling its costs. It is crucial to remember that the company’s growth has fluctuated over the years, with some years indicating a decline in revenue and profit.
Considering everything, it can be said that investing in TATA STEEL shares may be a wise choice for individuals seeking long-term growth.
Based on the expert views and the financial data, Tata Steel has been receiving mixed recommendations from analysts. While Motilal Oswal maintains a neutral stance with a target of Rs. 120, ICICI Securities suggests buying with a target of Rs. 119, and JM Financial recommends buying with a target of Rs. 135. In terms of financial performance, Tata Steel has seen fluctuations over the years, with significant variations in profit margins and earnings per share. Investors should consider these recommendations along with the company’s financial history when making investment decisions.
Suhani Bhat, a student of Hansraj college, is a finance writer who takes deep interest in stock market, mutual funds, and other financial news. She writes for multiple finance blogs, including Financegradeup.com. Other than English, she also speaks Hindi.