Tata Steel Ltd is one of India’s largest and most respected steel companies. Founded in 1907, it is part of the Tata Group, a well-known Indian conglomerate. Tata Steel produces a wide range of steel products, including flat and long steel, tubes, and specialty steels used in various industries like construction, automotive, and engineering.
The company operates several steel plants in India and abroad, with a strong global presence in countries such as the Netherlands, the United Kingdom, and Thailand. This international footprint helps Tata Steel serve a diverse range of customers and markets around the world. Tata Steel Share Price on NSE as of 30 November 2024 is 144.45 INR. Here will provide you more details on Tata Steel Share Price Target 2024, 2025, 2026 to 2030.
Tata Steel Ltd: Market Overview
- Open Price: ₹143.90
- High Price: ₹145.49
- Low Price: ₹143.05
- Previous Close: ₹143.39
- Volume: 29,742,979
- Value (Lacs): ₹42,990.50
- VWAP: 144.47
- UC Limit: ₹157.72
- LC Limit: ₹129.05
- P/E ratio: 61.38
- Div yield: 2.49%
- 52-wk high: ₹184.60
- 52-wk low: ₹126.50
- Mkt cap: ₹1.81³¢°ä°ù
- Face Value: ₹1
Tata Steel Ltd Competitors
Here are five competitors of Tata Steel Ltd along with their approximate market capital:
- JSW Steel Ltd
Market Capital: ₹1,83,000 Crores - Steel Authority of India Ltd (SAIL)
Market Capital: ₹40,000 Crores - Jindal Steel & Power Ltd
Market Capital: ₹64,000 Crores - NMDC Ltd
Market Capital: ₹47,000 Crores - Hindalco Industries Ltd
Market Capital: ₹1,04,000 Crores
Tata Steel Share Price Chart
Tata Steel Share Price Target Tomorrow 2024 To 2030
Tata Steel Share Price Target Years | SHARE PRICE TARGETÂ |
2024 | ₹185 |
2025 | ₹216 |
2026 | ₹245 |
2027 | ₹280 |
2028 | ₹320 |
2029 | ₹365 |
2030 | ₹413 |
Tata Steel Share Price Target 2024
Tata Steel share price target 2024 Expected target could be ₹185. Here are three key factors that could affect Tata Steel’s share price target in 2024:
- Steel Demand and Global Economic Conditions:
- The demand for steel in key sectors like construction, automotive, and infrastructure will significantly influence Tata Steel’s revenue growth. Global economic conditions, especially in markets like India, Europe, and China, will play a crucial role in driving demand. An increase in infrastructure projects or industrial growth can boost sales and positively affect the share price.
- Raw Material Prices and Supply Chain Stability:
- Fluctuations in the prices of raw materials like iron ore and coking coal, as well as supply chain disruptions, could impact Tata Steel’s production costs. Stable raw material prices and an efficient supply chain will help maintain profitability, whereas volatility could pose challenges, influencing the company’s stock performance.
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Sustainability Initiatives and Innovation:
- Tata Steel’s focus on sustainability, including efforts to reduce carbon emissions and adopt green technologies, will be key to staying competitive in the evolving steel industry. Successful implementation of environmentally friendly practices, combined with innovation in steel products, can enhance the company’s reputation and market demand, driving its share price upward.
Tata Steel Share Price Target 2025
Tata Steel share price target 2025 Expected target could be ₹216. Here are three key factors that could affect Tata Steel’s share price target in 2025:
- Global Steel Prices and Trade Policies:
- The global pricing of steel, influenced by supply and demand dynamics, trade policies, and international tariffs, will significantly impact Tata Steel’s profitability. Favorable trade policies and strong global demand can boost revenue, while restrictive tariffs or price drops due to oversupply may create challenges for the company’s financial performance and share price.
- Technological Advancements in Steel Production:
- Tata Steel’s investment in advanced manufacturing technologies, such as automation and AI-driven processes, can increase efficiency, reduce costs, and enhance product quality. Staying ahead in technological innovation will be crucial for maintaining a competitive edge in the global steel market, positively affecting the company’s share price.
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Expansion in Emerging Markets:
- Tata Steel’s ability to tap into growing demand in emerging markets, particularly in countries with fast-growing infrastructure and construction sectors like India and Southeast Asia, will be key to its growth. Strategic expansion and strong market presence in these regions could drive revenue growth and support its share price target in 2025.
Tata Steel Share Price Target 2030
Tata Steel share price target 2030 Expected target could be ₹413. Here are three key factors that could affect Tata Steel’s share price target in 2030:
- Sustainability and Green Steel Initiatives:
- By 2030, the steel industry is likely to face stricter environmental regulations and increased demand for eco-friendly products. Tata Steel’s investment in reducing carbon emissions and developing green steel technologies will be critical for its long-term growth. Leading in sustainability can open new markets and strengthen the company’s reputation, positively impacting its share price.
- Global Infrastructure and Industrial Growth:
- The demand for steel will be strongly tied to global infrastructure development, especially in emerging markets and regions investing in modernization and urbanization. Tata Steel’s ability to meet the growing needs of sectors like construction, automotive, and manufacturing will play a vital role in boosting revenue and share price by 2030.
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Technological Innovation and Efficiency:
- Continued advancements in steel production technologies, such as automation, AI-driven processes, and material innovation, will be key to maintaining cost efficiency and product quality. Tata Steel’s adoption of cutting-edge technologies can enhance productivity, reduce costs, and enable the company to stay competitive in a rapidly evolving industry, supporting its share price growth in the long term.
Tata Steel Ltd Shareholding Pattern
- Promoters: 33.19%
- FII: 20.32%
- DII: 23.52%
- Public: 22.97%
Tata Steel Ltd Financials
(INR) | 2024 | Y/Y change |
Revenue | 2.29T | -5.83% |
Operating expense | 1.04T | 5.71% |
Net income | -44.37B | -150.65% |
Net profit margin | -1.94 | -153.89% |
Earnings per share | 9.57 | -27.14% |
EBITDA | 213.20B | -28.20% |
Effective tax rate | -328.02% | — |
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