Tata Steel, one of the largest steel makers in India, has been making waves in the stock market. The company’s share price has been the topic of discussion among investors, who are eager to know about the Tata Steel share price target for the next few years.
As the company expands its operations and expands into new markets, the question remains, is Tata Steel a good auto stock to buy? The answer to this question is not straightforward, as there are many factors that can affect the stock’s performance.
However, with the construction of a Rs 2,600-crore facility close to the Cycle Valley in Ludhiana, Tata Steel is poised to take advantage of the growth in the Indian auto industry.
In this article, we will take a closer look at the Tata Steel share price target for 2023 to 2030, and discuss the factors that will impact the stock’s performance in the coming years.
About the Company
Tata Steel is a global steel producer, based in India. It is one of the largest steel producers in the world and is a part of the Tata Group. Tata Steel was founded in 1907 and is headquartered in Mumbai, India.
Tata Steel produces a variety of products, including hot rolled steel, cold rolled steel, galvanised steel, coated steel, and stainless steel. It also produces a range of value-added products such as galvanised roofing sheets, cold rolled galvanised coils, and pre-painted galvanised coils. It is committed to sustainability and is focused on achieving a zero-waste approach to production.
Stock history of Tata Steel
Tata Steel’s stock history has been volatile over the past decade. At the start of 2010, the stock was trading at around Rs. 500 per share. Over the next two years, the stock rose steadily, reaching Rs. 801 by January 2012. However, the stock then experienced a sharp decline due to falling global demand for steel and weak economic conditions in India. By December 2014, the stock had plummeted to Rs. 289 per share.
In 2015, the stock began to climb slowly, reaching Rs. 450 by November 2015. The stock then surged again in 2016, reaching Rs. 602 by November 2016. From there, the stock continued to climb and reached its highest ever price of Rs. 895 in May 2018. Since then, the stock has been declining and currently stands at Rs. 120 per share as of January 2023.
Latest news about Tata Steel
➤Tata Steel has begun construction on a Rs 2,600-crore facility close to the Cycle Valley in Ludhiana.
➤ Shares of Tata Steel rose 2% following the company’s third quarter business update.
How to buy Tata Steel shares?
- Open a trading account: The first step to buying Tata Steel shares is to open a trading account with a broker. Brokers provide access to the stock market and allow you to buy and sell stocks.
- Research the stock: After opening a trading account, it is important to research the stock before investing. Look at financial statements, news reports, and analyst opinions to get a better understanding of the company.
- Place an order: Once you have decided to invest in Tata Steel shares, you can place an order with your broker. You can specify the number of shares you want to buy, the price, and the type of order (market, limit, or stop).
- Monitor your investment: After you have bought Tata Steel shares, it is important to monitor the stock and adjust your portfolio as needed. This will help you maximize your returns and minimize your losses.
You can also buy shares from the following trading platforms:
➤ Zerodha
➤ Upstox
➤ Groww
➤ AngelOne
➤ ICICIDirect
Share Price Prediction of Tata Steel: 2023 to 2030
Share Price Target 2023 of Tata Steel is ₹165.11
| When | Maximum Price | Minimum Price |
| January 2023 | ₹120.65 | ₹83.37 |
| February 2023 | ₹123.06 | ₹94.66 |
| March 2023 | ₹92.30 | ₹71.00 |
| April 2023 | ₹101.53 | ₹78.10 |
| May 2023 | ₹84.61 | ₹65.08 |
| June 2023 | ₹101.53 | ₹78.10 |
| July 2023 | ₹121.83 | ₹93.72 |
| August 2023 | ₹134.02 | ₹103.09 |
| September 2023 | ₹140.72 | ₹108.24 |
| October 2023 | ₹134.02 | ₹103.09 |
| November 2023 | ₹147.42 | ₹113.40 |
| December 2023 | ₹165.11 | ₹127.01 |
Based on the table, Tata Steel’s share price is expected to show a fluctuating trend in 2023, with the maximum price reaching up to ₹165.11 in December and the minimum price at ₹65.08 in May.
The stock is expected to have an uptrend in the latter half of the year, with a growth percentage of around 12-15% compared to its minimum price in May. However, it is important to note that these predictions are subject to change based on market conditions and other factors.
Nevertheless, Tata Steel remains a promising stock for investors, with its focus on expanding operations and capitalizing on growth opportunities in the industry.
Share Price Target 2024 of Tata Steel is ₹231.16
| When | Maximum Price | Minimum Price |
| January 2024 | ₹173.80 | ₹133.69 |
| February 2024 | ₹195.28 | ₹162.73 |
| March 2024 | ₹205.56 | ₹167.12 |
| April 2024 | ₹186.87 | ₹143.75 |
| May 2024 | ₹155.72 | ₹119.79 |
| June 2024 | ₹186.87 | ₹143.75 |
| July 2024 | ₹158.84 | ₹123.13 |
| August 2024 | ₹174.72 | ₹138.67 |
| September 2024 | ₹183.46 | ₹141.12 |
| October 2024 | ₹215.83 | ₹166.03 |
| November 2024 | ₹226.62 | ₹174.33 |
| December 2024 | ₹231.16 | ₹177.81 |
The share price target for Tata Steel in 2024, as per the table, is expected to show a bullish trend with a maximum price of ₹231.16 in December and a minimum price of ₹119.79 in May. The stock is expected to have an upward trajectory throughout the year, with growth percentages ranging from 11-18% compared to its minimum price in May.
The company’s plans for expansion and the growth potential of the steel industry are likely to drive the stock’s performance in the coming year. While the predictions in the table are subject to market conditions and other factors, Tata Steel remains a potential investment opportunity for those looking to capitalize on growth in the steel industry.
The maximum and minimum share price targets for 2024 provide a glimpse into the potential range of the stock’s performance in the coming year, and investors can use this information to make informed decisions.
Share Price Target 2025 of Tata Steel is ₹280.40
| When | Maximum Price | Minimum Price |
| January 2025 | ₹235.78 | ₹181.37 |
| February 2025 | ₹248.19 | ₹190.92 |
| March 2025 | ₹260.60 | ₹200.46 |
| April 2025 | ₹232.68 | ₹178.98 |
| May 2025 | ₹211.53 | ₹162.71 |
| June 2025 | ₹232.68 | ₹178.98 |
| July 2025 | ₹221.60 | ₹170.46 |
| August 2025 | ₹230.83 | ₹177.56 |
| September 2025 | ₹242.37 | ₹186.44 |
| October 2025 | ₹256.92 | ₹197.63 |
| November 2025 | ₹274.90 | ₹211.46 |
| December 2025 | ₹280.40 | ₹215.69 |
Tata Steel’s share price target for 2025, as per the given data, shows a bullish trend with a maximum price prediction of ₹280.40 in December 2025 and a minimum price prediction of ₹162.71 in May 2025.
The growth percentage varies between the months with the highest growth rate of ₹197.63 in October 2025 and the lowest growth rate of ₹162.71 in May 2025. The overall uptrend in the share price indicates a positive outlook for Tata Steel in the year 2025.
The company has consistently delivered positive results and with the new construction of a Rs 2,600-crore facility close to the Cycle Valley in Ludhiana, the share price target for 2025 is expected to continue its upward trend.
Tata Steel Share Price Prediction 2026-2030
| Year | Maximum Price | Minimum Price |
| 2026 | ₹196.28 | ₹137.39 |
| 2027 | ₹166.84 | ₹116.79 |
| 2028 | ₹300.31 | ₹210.21 |
| 2029 | ₹616.87 | ₹431.81 |
| 2030 | ₹686.97 | ₹480.88 |
The Tata Steel share price is expected to increase in the years 2026-2030 due to its strong financial performance and its diversified international presence. The company is investing heavily in new product development and expansion, which is likely to lead to higher sales and profits in the near future. The company has also been successful in reducing its debt levels and is expected to continue to do so in the future. It is expected that Tata Steel’s share price will reach around ₹686.97 by 2030.
Financial Condition of Tata Steel: Last 5 years
| Narration | Mar-18 | Mar-19 | Mar-20 | Mar-21 | Mar-22 |
| Sales | 1,23,249.07 | 1,57,668.99 | 1,48,971.71 | 1,56,477.40 | 2,43,959.17 |
| Expenses | 1,01,815.88 | 1,28,350.77 | 1,31,144.14 | 1,25,973.14 | 1,80,469.22 |
| Operating Profit | 21,433.19 | 29,318.22 | 17,827.57 | 30,504.26 | 63,489.95 |
| Other Income | 10,898.41 | 1,524.31 | -2,919.62 | 179.78 | 1,299.99 |
| Depreciation | 5,741.70 | 7,341.83 | 8,707.67 | 9,233.64 | 9,100.87 |
| Interest | 5,454.74 | 7,660.10 | 7,580.72 | 7,606.71 | 5,462.20 |
| Profit before tax | 21,135.16 | 15,840.60 | -1,380.44 | 13,843.69 | 50,226.87 |
| Tax | 3,392.33 | 6,718.43 | -2,552.90 | 5,653.90 | 8,477.55 |
| Net profit | 13,434.33 | 10,218.33 | 1,556.54 | 7,490.22 | 40,153.93 |
| EPS | 11.93 | 9.07 | 1.38 | 6.26 | 32.88 |
| Price to earning | 4.79 | 5.74 | 19.51 | 12.97 | 3.98 |
| Price | 57.11 | 52.10 | 26.96 | 81.19 | 130.72 |
| RATIOS: | |||||
| Dividend Payout | 8.52% | 14.57% | 73.56% | 39.97% | 15.51% |
| OPM | 17.39% | 18.59% | 11.97% | 19.49% | 26.02% |
Tata Steel has experienced a growth trajectory over the last five years. According to the financial bank statement, the company’s sales have increased from ₹1,23,249.07 crore in March 2018 to ₹2,43,959.17 crore in March 2022, with a percentage growth of 97.89%.
The operating profit of the company has also seen a significant increase, with a maximum of ₹63,489.95 crore in March 2022, which is a growth of 196.15% from the minimum of ₹21,433.19 crore in March 2018.
Tata Steel’s net profit has also seen a massive growth, with a maximum of ₹40,153.93 crore in March 2022, which is a growth of 200.57% from the minimum of ₹13,434.33 crore in March 2018.
The revenue growth and profit growth of the company have been impressive, which is reflected in the Price to Earning ratio, which has a minimum of 3.98 in March 2022, down from the maximum of 5.74 in March 2019. The company’s PAT (Profit After Tax) has also grown steadily over the last five years, which is reflected in the EPS (Earnings per Share) that has gone up from ₹11.93 in March 2018 to ₹32.88 in March 2022.
The company’s dividend payout has also increased over the years, with a maximum of 73.56% in March 2020. The OPM (Operating Profit Margin) has also been consistent over the last five years, with a minimum of 11.97% in March 2020 and a maximum of 26.02% in March 2022.
Will the share price of Tata Steel increase in 2023?
It is anticipated that Tata Steel per share price will increase to ₹165.11 by the end of 2023.
What is the share price target of Tata Steel for 2025?
The share price of Tata Steel might reach around ₹280.40 by 2025.
What is the share price target of Tata Steel for 2030?
The per share price of Tata Steel might reach around ₹686.97 by the end of 2030.
What is Tata Steel current market value?
As of January 2023, the Tata Steel stock price is ₹120.65, with a market capitalisation of 1.46 trillion INR.
Also read:
Tata Consultancy Services Share Price Target: 2023 to 2030
Bank of Baroda Share Price Target: 2023 to 2030
What is Coffee Can Investing? Does it still work in 2023?
Conclusion
The Tata Steel share price is expected to remain at a steady rate of growth over the next seven years from 2023 to 2030. The company has a strong presence in the global market and a solid track record of delivering exceptional performance. The company has a well-diversified portfolio of innovative products and services, which gives it a competitive edge in the market. In addition, the company has a strong financial position and is expected to benefit from the recovery in the global steel industry. Therefore, it is expected that the Tata Steel share price will remain on an upward trajectory over the next seven years and reach a target of Rs. 686 by the end of 2030.
