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Tata Steel Share Price Target | Tata Steel Share Price Target 2030

Tata Steel Share price target is one of the leading steel-producing companies in India. It has a significant presence in other countries like the UK, Netherlands, Thailand, and 22 others. The company has a global annual production capacity (GATC) of 35 million tonnes. The subsidiary of Tata Group is among the top 10 steel-producing companies worldwide.

Tata Steel has its headquarters in Mumbai, Maharashtra, and its plants are located at Jamshedpur in Jharkhand. By the end of March 2023, the company had a turnover of Rs. 2.58,272 lakh crore ($31 billion). The company had 77,000 employees at the end of March 2023.

In the previous years of trading, the Tata Steel share price target 2025 of the company has seen slight fluctuations, but nothing major. The company has been able to sustain a consistent share price growth over the last 5 years.

Let's now take a look at the factors that will influence the share price targets of Tata Steel Share price target 2024, 2025, and 2030.


Tata Steel Share Price Target (2024)

Month (2025)

Maximum Target 

Minimum Target

January

Rs. 149.88

Rs. 130.33

February

Rs. 152.94

Rs. 132.99

March

Rs. 156.06

Rs. 135.70

April

Rs. 151.51

Rs. 131.75

May

Rs. 149.27

Rs. 129.80

June

Rs. 154.65

Rs. 134.48

July

Rs. 153.10

Rs. 133.13

August

Rs. 159.22

Rs. 138.46

September

Rs. 165.59

Rs. 143.99

October

Rs. 162.35

Rs. 141.17

November

Rs. 167.22

Rs. 145.41

December

Rs. 171.40

Rs. 149.04

Tata Steel Share Price Target (2024)

Month (2025)

Maximum Target 

Minimum Target

January

Rs. 174.83

Rs. 134.48

February

Rs. 179.31

Rs. 137.93

March

Rs. 186.30

Rs. 143.31

April

Rs. 182.65

Rs. 140.50

May

Rs. 177.33

Rs. 136.41

June

Rs. 185.31

Rs. 142.54

July

Rs. 181.67

Rs. 139.75

August

Rs. 187.29

Rs. 144.07

September

Rs. 193.85

Rs. 149.11

October

Rs. 198.89

Rs. 152.99

November

Rs. 203.86

Rs. 156.82

December

Rs. 208.96

Rs. 160.74



Tata Steel Share Price Target (2026 - 2030)

Year

Maximum Target

Minimum Target

2026

Rs. 219.41

Rs. 153.58

2027

Rs. 241.35

Rs. 168.94

2028

Rs. 337.88

Rs. 168.94

2029

Rs. 292.54

Rs. 146.27

2030

Rs. 380.30

Rs. 266.21

Tata Steel Fundamental Financials (2019-2023)

Annual

FY 2019

FY 2020

FY 2021

FY 2022

FY 2023

Sales (Rs) (Crores)

157,669

148,972

156,477

243,959

243,353

Expenses (Rs. Crores)

128,351

131,144

125,973

180,469

211,053

Operating Profit (


Rs. Crores)

29,318

17,828

30,504

63,490

32,300

Operating Profit Margin (%)

19%

12%

19%

26%

13%

Other Income  (Rs. crores)

1,524

-2,920

180

1,300

1,569

Interest (Rs. Crores)

7,660

7,581

7,581

5,462

6,299

Depreciation (Rs. Crores)

7,342

8,708

9,234

9,101

9,335

Profit before Tax (Rs. Crores)

15,841

-1,380

13,844

50,227

18,235

Tax %

42%

185%

41%

17%

56%

Net Profit + (Rs. crores)

9,122

1,172

8,190

41,749

8,075

EPS (Rs.)

9.07

1.38

6.26

32.88

7.17

Dividend Payout %

15%

74%

40%

16%

50%


Factors affecting the Tata Steel share price target 2024 The capacity expansion project of the ‘Kalingangar’ plant in Odisha, will increase the steel production capacity of the plant from 2 MPMT to 8 MPMT

The acquisition of NINL by Tata Steel in May 2022, enabled the plant to reach 100 percent capacity in just a year from almost zero production. It is expected that the capacity of the plant will reach 1 million Tbs of steel in FY24

The first steel recycling facility of Tata Steel will be located in Rohtak, Haryana

The company's ability to enhance its operational efficiency year-on-year through its high-quality maintenance practices and cutting-edge digital solutions

India's leading steel-maker has expanded its product range beyond steel, introducing exclusive materials like 'composites' and 'fiber reinforced products'

What are the Risks to Consider when Investing in Tata Steel Shares?

Tata Steel’s share price target in the Indian stock market can be affected by several factors. One of the most important is the vulnerability of the market to the volatility of commodity prices due to geopolitical tensions, the weather, government decisions, and the imbalance between supply and demand.

A single major geopolitical instability on the planet’s surface could lead to a shortage of raw materials worldwide.

China, an autocratic country, is the largest producer and consumer in the global steel market and can influence the global market in a big way.

Other risks to consider are accidental operational risks (e.g. equipment breakdowns, natural calamities) and community risks (unwarranted trust deficit issues).


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