Tata Steel Share Price Target 2024, 2025, 2026, and 2030 | Tata Steel Latest News
Tata Steel, one of the oldest and most well-established companies in the Tata Group, is frequently in the spotlight for its stock performance and future potential. In this blog, we’ll dive into the share price targets for Tata Steel from 2024 to 2030 and the factors driving its growth.
Tata Steel Share Price Target for 2024:
As of now, Tata Steel has a promoter holding of 33.7%. If this holding increases and the company performs well, the share price targets for 2024 could be:
- First target: ₹170
- Second target: ₹180
Tata Steel Share Price Target for 2025:
The company currently carries a debt of ₹3,819 crore. However, if the company reduces its debt and continues to focus on growth, the share price targets for 2025 are as follows:
- First target: ₹220
- Second target: ₹250
Tata Steel Share Price Target for 2026:
Tata Steel has delivered a CAGR return of 27% in the past three years. If the company continues to provide consistent returns, the targets for 2026 could be:
- First target: ₹300
- Second target: ₹330
Tata Steel Share Price Target for 2030:
Tata Steel’s profit growth in the last three years has been an impressive 31%, and revenue growth stands at 28%. With these numbers, the future looks bright for Tata Steel. The potential share price targets for 2030 could be:
- First target: ₹800
- Second target: ₹900
Key Strengths of Tata Steel:
- Profit Growth: Tata Steel has seen a remarkable 31% profit growth in the last three years.
- Revenue Growth: The company has demonstrated strong 28% revenue growth.
- CAGR Return: The company has provided an impressive 52% CAGR return.
- Debt: Tata Steel currently has a debt of ₹31,901 crore, which is substantial but manageable depending on how the company handles it moving forward.
- Promoter Holding: The promoter holding stands at 33.9%, which is relatively low but still holds the potential for future increases.
Investment Outlook:
Given its strong track record, Tata Steel presents itself as a good investment option, particularly because it is a part of the renowned Tata Group. However, before making any investment decisions, it's crucial to consult a financial expert to tailor your strategy to your personal goals.
Disclaimer:
This content is purely for educational and entertainment purposes. It is not intended as financial or investment advice. Please consult a registered financial advisor for personalized guidance. You are fully responsible for your investment decisions.
Conclusion:
Tata Steel has shown impressive growth in terms of profit and revenue, and its future looks promising based on historical performance and current trends. With a solid foundation, potential for debt reduction, and strong backing from the Tata Group, this stock could be a good addition to your portfolio, but as always, ensure you seek expert advice before investing.