Tata Steel Share Price Target: In this article, you will read about Tata Steel Share Price Target prediction for this year’s end and the upcoming years 2024, 2025, 2027, 2030, and 2035.
By the end of this article, you may get an idea about Tata Steel, and the expected share price target. We will do the analysis and predict whether the stock is best for long-term investment or not.
Tata steel Overview:
Tata Steel is an Indian Company founded in 1907. Tata Steel Headquarters is located at Mumbai, India. And a multinational steel-making giant serving a global area through its production facilities in 26 countries. Tata Steel official website-Click Here. Across the globe Tata Steel has an employee base of over 77,000.
| Name | Tata Steel |
|---|---|
| Symbol | TATASTEEL |
| Industry | Steel |
| Founded | 1907 |
| CEO | T.V. Narendran |
| Headquarters | Mumbai, India |
| Country | India |
| Locations | India, Europe, Southeast Asia |
| Website | tatasteel.com |
| Wikipedia | Tata_Steel |
Shareholders of Tata steel :
- Promoters— 33.90%
- Retail And Others— 26.26%
- Foreign Institutions— 20.62%
- Other Domestic Institutions— 10.09%
- Mutual Funds— 9.13%
Fundamentals of Tata steel:
The market cap of Tata Steel is ₹ 1,34,802.72 Cr. The number of shares outstanding is 1,222.15 Cr. And Earnings per share is -₹4.99. From the table below, you can get to know about the Price of the earnings Ratio (P/E), BOOK VALUE, Price to book (P/B), and many more like Dividend yield.
| MARKET CAP | ₹ 1,34,802.72 Cr. | ₹ 1,34,802.72 Cr. |
| ENTERPRISE VALUE | ₹ 1,64,222.90 Cr. | ₹ 1,87,732.47 Cr. |
| NO. OF SHARES | 1,222.15 Cr. | 1,222.15 Cr. |
| P/E | 6.98 | 8.02 |
| P/B | 1.04 | 1.13 |
| FACE VALUE | ₹ 1 | ₹ 1 |
| DIV. YIELD | 0.47 % | 0.46 % |
| BOOK VALUE (TTM) | ₹ 106.29 | ₹ 97.97 |
| CASH | ₹ 2,855.29 Cr. | ₹ 15,898.93 Cr. |
| DEBT | ₹ 32,275.47 Cr. | ₹ 68,828.68 Cr. |
| PROMOTER HOLDING | 33.9 % | 33.9 % |
| EPS (TTM) | ₹ 15.80 | ₹ 13.76 |
| SALES GROWTH | 53.35% | 55.91% |
| ROE | 30.19 % | 44.72 % |
| ROCE | 32.98% | 33.05% |
| PROFIT GROWTH | 93.30 % | 409.77 % |
| Earnings per share | -₹4.99 |
| P/E ratio | – |
| Price / Book | 1.77 |
| Debt / Equity | 98.81 |
| Price / Sales | 0.68 |
| Forward annual dividend yield | 2.79% |
| Forward annual dividend rate | ₹3.60 |
| Current ratio | 0.73 |
| Quick ratio | 0.19 |
| Quarterly earnings growth | – |
| Quarterly revenue growth | -7.00% |
| 3 year avg return | – |
| 5 year avg return | – |
| Total cash | 125.90B |
| Total debt | 897.23B |
Tata steel Share Price NSE/BSE:
Tata steel Shares were listed in the (NSE) National Stock Exchange and (BSE) Bombay Stock Exchange. Tata steel shares were listed on BSE, and NSE on February 2, 2011.
Tata steel shares on NSE are currently trading at around 129.20 INR, each as of December 2023. Tata steel shares on BSE are currently trading at 129.20 INR.
| IPO Date | January 19, 2011 to January 21, 2011 |
| Listing Date | February 2, 2011 |
| Face Value | ₹10 per share |
| Price Band | ₹594 to ₹610 per share |
| Lot Size | 10 Shares |
| Total Issue Size | 57,000,000 shares (aggregating up to ₹3,477.00 Cr) |
| Issue Type | Book Built Issue FPO |
| Listing At | BSE, NSE |
Tata Steel Share Price History:
| Year | Tata Steel | YOY Chg% |
|---|---|---|
| 2011 | ₹30.17 | -50.7% |
| 2012 | ₹38.54 | 27.7% |
| 2013 | ₹38.11 | -1.2% |
| 2014 | ₹35.94 | -5.7% |
| 2015 | ₹23.36 | -35.1% |
| 2016 | ₹35.19 | 50.6% |
| 2017 | ₹65.91 | 87.2% |
| 2018 | ₹52.19 | -20.9% |
| 2019 | ₹47.20 | -9.6% |
| 2020 | ₹64.36 | 36.3% |
| 2021 | ₹111.15 | 72.7% |
| 2022 | ₹112.65 | 1.3% |
| 2023 | ₹129.20 | 14.6% |
Tata steel Expected Share Price Target:
| Year | Minimum Target | Maximum Target |
|---|---|---|
| 2024 | ₹145 | ₹185 |
| 2025 | ₹180 | ₹220 |
| 2026 | ₹215 | ₹250 |
| 2027 | ₹245 | ₹300 |
| 2030 | ₹450 | ₹500 |
| 2035 | ₹750 | ₹830 |
Also Consider Reading: Zomato Share Price Target.
Tata steel Share Price Target 2024:
On the analysis we will get to know the Tata steel share price target by 2024, the minimum price range of 145, and the maximum share price of 185. This range of amounts is based on the strategies of the company.
Tata steel Share Price Target 2024 As Follows:
| Year | Target 1 | Target 2 |
| 2024 | 145 | 185 |
Also Consider Reading: SJVN Share Price Target
Tata steel Share Price Target 2025:
The expected minimum range of Tata steel share price target in 2025 is 180, and the maximum share price target is 220.
Tata steel Share Price Target 2025 As Follows:
| Year | Target 1 | Target 2 |
| 2025 | 180 | 220 |
Also Consider Reading: Adani Power Share Price Target
Tata steel Share Price Target 2027:
By the year 2027, the expected minimum range of Tata steel share price is 245, and the maximum price range is 300.
Tata steel Share Price Target 2027 As Follows:
| Year | Target 1 | Target 2 |
| 2027 | 245 | 300 |
Also Consider Reading: Tata Power Share Price Target
Tata steel Share Price Target 2030:
Looking ahead to 2030 the expected minimum price range for Tata steel shares is 450, and the maximum price range is 500.
Tata steel Share Price Target 2030 As Follows:
| Year | Target 1 | Target 2 |
| 2030 | 450 | 500 |
Also Consider Reading: Suzlon Share Price Target
Tata steel Share Price Target 2035:
Looking ahead to 2035 the expected minimum price range for Tata Steel shares is 750, and the maximum price range is 830.
Tata steel Share Price Target 2035 As Follows:
| Year | Target 1 | Target 2 |
| 2035 | 750 | 830 |
Also Consider Reading: Bajaj Finance Share Price Target
Conclusion:
I hope you got clarity on the Tata steel Share Price Target from 2024 to 2035. This is just the prediction, You need to analyze the graph to get an idea.
Disclaimer:
Dear people, we would like to inform you that we are not authorized by SEBI. The share price target for Tata steel is provided for educational and informational purposes only. The price predictions will only be valid when the market sign is positive. We do not recommend anyone to buy, sell, or hold any stock. Investors should make their analysis or take suggestions from their financial advisers/experts before making any investments.
FAQ
1. What is the Tata steel Share Price Target for 2024?
A: The expected price target for Tata Steel in 2024 is 145 to 185 per share.
2. What is the Tata steel Share Price Target for 2025?
A: The expected price target for Tata Steel in 2025 is 180 to 220 per share.
3. What is the Tata steel Share Price Target for 2027?
A: The expected price target for Tata Steel in 2027 is 245 to 300 per share.
4. What is the Tata steel Share Price Target for 2030?
A: The expected price target for Tata steel in 2030 is 450 to 500 per share.
5. What is the Tata Steel Share Price Target for 2035?
A: The expected price target for Tata Steel in 2035 is 750 to 830 per share.
