Steel, the foundation of progress, sits beneath the glittering skyscrapers and thriving businesses. Tata Steel, a mainstay with a distinguished history, is at the forefront of this powerful sector. Investors want to know what the future holds for the share price of Tata Steel as we go into the future. The predicted share price targets from 2023 to 2030 are explored in this article as we set off on an exciting journey. Analyse the data, analyse the trends, and find the growth possibilities. Is Tata Steel on track to exceed all predictions? Will it be able to land a desired slot in your investment portfolio? Join us as we unravel the secrets and determine whether Tata Steel is a worthwhile investment going forward.
Contents
Below are the trading platforms that you can use to purchase Tata Steel shares:
➤ Zerodha
➤ Upstox
➤ Groww
➤ AngelOne
➤ ICICIDirect
| When | Maximum Price | Minimum Price |
| May 2023 | ₹112.10 | ₹86.23 |
| June 2023 | ₹134.52 | ₹103.48 |
| July 2023 | ₹161.42 | ₹124.17 |
| August 2023 | ₹177.57 | ₹136.59 |
| September 2023 | ₹186.44 | ₹143.42 |
| October 2023 | ₹177.57 | ₹136.59 |
| November 2023 | ₹195.32 | ₹150.25 |
| December 2023 | ₹218.76 | ₹168.28 |
The table provides a glimpse into the predicted Tata Steel share prices for the year 2023. The maximum price in May was ₹112.10, which increased steadily each month, reaching ₹218.76 in December. Similarly, the minimum price rose from ₹86.23 in May to ₹168.28 in December. This indicates a bullish trend and significant growth over the course of the year. The growth percentage showcases an upward trajectory for Tata Steel shares, suggesting a positive market sentiment. Overall, the table reflects an uptrend in the company’s stock prices, indicating potential opportunities for investors.
| When | Maximum Price | Minimum Price |
| January 2024 | ₹230.28 | ₹177.14 |
| February 2024 | ₹258.74 | ₹215.61 |
| March 2024 | ₹272.35 | ₹221.43 |
| April 2024 | ₹247.59 | ₹190.46 |
| May 2024 | ₹206.33 | ₹158.71 |
| June 2024 | ₹247.59 | ₹190.46 |
| July 2024 | ₹210.46 | ₹163.14 |
| August 2024 | ₹231.50 | ₹183.73 |
| September 2024 | ₹243.08 | ₹186.98 |
| October 2024 | ₹285.97 | ₹219.98 |
| November 2024 | ₹300.27 | ₹230.98 |
| December 2024 | ₹306.28 | ₹235.60 |
The table presents the projected Tata Steel share price targets for the year 2024. The maximum price target is expected to reach ₹306.28 in December, indicating potential growth opportunities. Conversely, the minimum price target for the year is projected to be ₹158.71 in May. This suggests a fluctuation in share prices throughout the year. The data shows a bullish sentiment in the earlier months, with prices steadily climbing from January to March. However, a bearish trend is observed in the following months, as prices decline and then experience slight recovery. Investors should consider these price targets and fluctuations while assessing potential returns and making investment decisions in Tata Steel shares for 2024.
| When | Maximum Price | Minimum Price |
| January 2025 | ₹312.40 | ₹240.31 |
| February 2025 | ₹328.84 | ₹252.96 |
| March 2025 | ₹345.29 | ₹265.60 |
| April 2025 | ₹308.29 | ₹237.15 |
| May 2025 | ₹280.26 | ₹215.59 |
| June 2025 | ₹308.29 | ₹237.15 |
| July 2025 | ₹293.61 | ₹225.85 |
| August 2025 | ₹305.84 | ₹235.26 |
| September 2025 | ₹321.14 | ₹247.03 |
| October 2025 | ₹340.40 | ₹261.85 |
| November 2025 | ₹364.23 | ₹280.18 |
| December 2025 | ₹371.52 | ₹285.78 |
The table provides the projected Tata Steel share price targets for the year 2025. The maximum price target for the year is expected to be ₹371.52 in December, while the minimum price target is projected to be ₹215.59 in May. These targets indicate potential fluctuations in share prices throughout the year. On average, the share price targets show an upward trend, with prices gradually increasing from January to November. However, there is a slight dip in April and May before the prices recover. Investors should consider these targets while evaluating the potential upside and making investment decisions. It is advisable to closely monitor the performance and review analyst recommendations to gain a comprehensive understanding of Tata Steel’s share price targets for 2025.
| Year | Maximum Price | Minimum Price |
| 2023 | ₹218.76 | ₹86.23 |
| 2024 | ₹306.28 | ₹177.14 |
| 2025 | ₹371.52 | ₹237.15 |
| 2026 | ₹260.06 | ₹182.04 |
| 2027 | ₹221.05 | ₹154.74 |
| 2028 | ₹397.90 | ₹278.53 |
| 2029 | ₹817.34 | ₹572.14 |
| 2030 | ₹910.22 | ₹637.15 |
Based on the provided data, the projected Tata Steel share price targets for the years 2026 to 2030 show a mix of potential upsides and downsides. In 2026, the maximum price target is ₹260.06, while the minimum price target is ₹182.04. In 2027, the targets decrease further, with a maximum of ₹221.05 and a minimum of ₹154.74. However, in 2028, a significant surge is anticipated, as the maximum price target reaches ₹397.90 and the minimum target is ₹278.53. The upward trend continues in 2029 and 2030, with maximum price targets of ₹817.34 and ₹910.22, respectively. Investors should consider these targets and the potential for future growth when evaluating Tata Steel shares during this period.
Financial Condition of Tata Steel: Last 5 years
| Narration | Mar-19 | Mar-20 | Mar-21 | Mar-22 | Mar-23 |
| Sales | 1,57,668.99 | 1,48,971.71 | 1,56,477.40 | 2,43,959.17 | 2,43,352.69 |
| Expenses | 1,28,350.77 | 1,31,144.14 | 1,25,973.14 | 1,80,469.22 | 2,11,052.53 |
| Operating Profit | 29,318.22 | 17,827.57 | 30,504.26 | 63,489.95 | 32,300.16 |
| Other Income | 1,524.31 | -2,919.62 | 179.78 | 1,299.99 | 1,568.86 |
| Depreciation | 7,341.83 | 8,707.67 | 9,233.64 | 9,100.87 | 9,335.20 |
| Interest | 7,660.10 | 7,580.72 | 7,606.71 | 5,462.20 | 6,298.70 |
| Profit before tax | 15,840.60 | -1,380.44 | 13,843.69 | 50,226.87 | 18,235.12 |
| Tax | 6,718.43 | -2,552.90 | 5,653.90 | 8,477.55 | 10,159.77 |
| Net profit | 10,218.33 | 1,556.54 | 7,490.22 | 40,153.93 | 8,760.40 |
| EPS | 9.07 | 1.38 | 6.26 | 32.88 | 7.17 |
| Price to earning | 5.74 | 19.51 | 12.97 | 3.98 | 14.58 |
| Price | 52.10 | 26.96 | 81.19 | 130.72 | 104.50 |
| RATIOS: | |||||
| Dividend Payout | 14.57% | 73.56% | 39.97% | 15.51% | 50.19% |
| OPM | 18.59% | 11.97% | 19.49% | 26.02% | 13.27% |
The financial statement of Tata Steel over the last five years showcases a mixed performance in terms of profit and loss. Revenue grew steadily from ₹1,57,668.99 crore in March 2019 to ₹2,43,352.69 crore in March 2023, indicating a positive trajectory. However, expenses also increased over the years, reaching ₹2,11,052.53 crore in March 2023. The company experienced varying levels of profit growth, with a significant surge in March 2022 when the profit before tax reached ₹50,226.87 crore. Net profit saw fluctuations, with a maximum of ₹40,153.93 crore in March 2022 and a minimum of ₹1,556.54 crore in March 2020. The earnings per share (EPS) increased from 1.38 in March 2020 to 32.88 in March 2022. Overall, Tata Steel has shown growth in revenue, but the company’s profitability has experienced fluctuations in the given period.
Sharekhan on Tata Steel share price target
Sharekhan has given a buy call on Tata Steel. According to him, you can continue buying Tata Steel share with a target price of Rs125.
Motilal Oswal on Tata Steel share price target
Motilal Oswal has given a buy call on Tata Steel. According to him, you can continue buying Tata Steel share with a target price of Rs110.
FAQS
As of the latest available data, the current share price of Tata Steel is ₹104.50.
Several factors can impact Tata Steel’s share price target, including market conditions, company performance, industry trends, and economic factors.
Tata Steel’s share price has shown fluctuations over time, influenced by various factors, including market conditions and company-specific developments.
The projected share price targets for Tata Steel in the years 2023-2030 suggest potential growth opportunities, with increasing targets over the mentioned period.
While it is challenging to predict future share prices with certainty, reaching ₹500 per share by 2025 would require substantial growth and market conditions favoring the company.
Factors such as strong financial performance, increasing revenue and profitability, strategic initiatives, positive industry outlook, and favorable market conditions could contribute to Tata Steel reaching the ₹500 share price target.
Tata Steel faces risks and challenges, including volatility in raw material prices, global economic conditions, competition, regulatory changes, and unforeseen events that could impact share price growth.
Investors should conduct thorough research, consider their investment objectives and risk tolerance, and consult with financial advisors before making any investment decisions related to Tata Steel shares.
Investors should also evaluate other fundamental aspects such as financial ratios, company’s growth strategies, industry dynamics, and competitive advantages to gain a comprehensive understanding of Tata Steel’s investment potential.
Is Tata Steel considered a long-term investment opportunity?
Tata Steel can be viewed as a long-term investment opportunity, given its position in the industry, growth potential, and market dynamics. However, it is essential to closely monitor company performance and market conditions to make informed investment decisions.
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Conclusion
In conclusion, prospective investors can learn a lot by examining Tata Steel’s financial performance during the past five years. Revenue for the company increased from 1,57,668.99 crore in 2019 to 2,43,352.69 crore in 2023, demonstrating positive income growth. The profit after tax (PAT) figure increased significantly as well, rising to 40,153.93 crore in 2022. The company has the potential to be profitable in the future, as seen by the steady revenue growth and encouraging PAT results. It is crucial to keep in mind that profit growth has fluctuated during this time. With these things taken into account, Tata Steel shares might offer a decent investment opportunity, but before deciding, investors should exercise caution and thoroughly assess the company’s future prospects and market circumstances.
