If you want to invest in Tata Steel and you want to know about Tata Steel Share Price Target, then in this article we will give you information about Tata Steel Share Price Targets for 2023, 2024, 2025, 2030, 2035, 2040, 2045, 2050.
Tata Steel is the leading company in the steel category and gives good returns every year. It is the second largest company of Tata Group. Tata Steel is a very old company and all the big government projects are also given to Tata Steel, hence people are confident that this company will give very good returns in the future, people want to know about Tata Steel share price Target so that they can also get huge profit.
Tata Steel company details
Tata Steel was Formerly known as Tata Iron and Steel Company Limited (TISCO). Tata Steel’s headquarters is in Mumbai, Maharashtra. Tata Steel was founded by Jamashedaji Tata in 1907.
| Company Name | Tata Iron and Steel Company (TISCO) |
|---|---|
| Founders | Jamsetji Nusserwanji Tata |
| Established by | Sir Dorabji Tata |
| Foundation Date | 26 August 1907 |
| Commencement of Pig Iron Production | 1911 |
| Commencement of Steel Production | 1912 |
| Affiliation | Jamsetji’s Tata Group |
| The First Steel Ingot Manufactured on | 16 February 1912 |
| Progress During the First World War | Rapid progress made (1914–1918) |
| CEO | T.V. Narendran |
| Headquarters | Mumbai |
| Production facilities | 26 Country |
Tata Steel Ltd Financial Report
Business Model of Tata Steel
| Aspect | Description |
|---|---|
| Integrated Steel Production | Encompasses the entire steel production process, ensuring control over the supply chain and consistent product quality. |
| Innovation & Technology | Continuous investment in R&D for improved production processes, enhanced product quality, and development of new steel grades. |
| Sustainability | Commitment to reducing environmental impact through resource efficiency, waste reduction, recycling, and the use of clean energy. |
| Diversification & Expansion | Global presence with an exploration of opportunities for geographical and product diversification, mitigating risks, and sustaining growth. |
Services & Product Offerings
| Category | Description |
|---|---|
| Flat Products | Manufacturing and supplying high-quality flat steel products (hot-rolled, cold-rolled, coated) for automotive, construction, and packaging. |
| Long Products | Production of long steel products including rebars, wire rods, and sections for use in construction, infrastructure, and engineering. |
| Specialty Products | Development and supply of specialized steel grades such as electrical steel, bearing steel, and high-strength steel for niche industries. |
| Tubes | Manufacturing a variety of steel tubes and pipes for applications in construction, infrastructure, automotive, and other sectors. |
| Services | Offering technical support, supply chain management, and product development assistance to optimize customer operations. |
Tata Steel Peer company
| Company Name | LTP (₹) | P/E (%) | Mkt.Cap (₹Cr.) | NP Qtr (₹Cr.) | Div. Yield (%) | Sales Qtr (₹Cr.) |
|---|---|---|---|---|---|---|
| JSW Steel Ltd | 781.55 | 22.15 | 1,89,657.18 | 2,913.00 | 0.54 | 33,286.00 |
Tata Steel Share Price Target 2023, 2024, 2025, 2030, 2035, 2040, 2045, 2050
Due to the Corona epidemic in 2019, the production of steel axles along with all other sectors was stopped. For this reason, the demand for steel was high, and due to less supply, the prices of steel increased. Besides, there was a rise in the shares of steel sector companies.
And there has also been a jump in the share price of Tata Steel. According to our analysis, you can see Tata Steel’s first target of 2022 at Rs 1570. And the second target is likely to be seen around Rs 1620.
Tata Steel share price target 2023
The steel production sector is expected to take at least 2 years to increase production capacity. Until then, steel prices are anticipated to rise due to increased demand. The share price targets for 2023 are estimated at Rs 150 (first target) and Rs 160 (second target).
| Year | 1st Target Rs. | 2nd Target Rs. |
| 2023 | 150 | 160 |
Tata Steel Share Price Target 2024
Tata Steel’s share price is predicted to reach ₹200 by the end of 2024.
| Year | 1st Target Rs. | 2nd Target Rs. |
| 2024 | 180 | 200 |
Tata Steel Share Price Target 2025
Due to increased demand and low supply of steel globally, Tata Steel’s share price targets for 2025 are projected at Rs 220 (first target) and Rs 250 (second target).
| Year | 1st Target Rs. | 2nd Target Rs. |
| 2025 | 220 | 250 |
Tata Steel Share Price Target 2026
Holding the second target price of 2025 at Rs 250, Tata Steel’s share price is expected to hit Rs 270 before 2030, with a potential second target of Rs 300.
| Year | 1st Target Rs. | 2nd Target Rs. |
| 2026 | 270 | 300 |
Tata Steel Share Price Target 2030
With increased steel usage in construction, automobiles, and home appliances, Tata Steel is expected to see the first target of Rs 2835 and the second target of around Rs 2930 by 2030.
| Year | 1st Target Rs. | 2nd Target Rs. |
| 2030 | 450 | 500 |
Tata Steel Share Price Target 2035
The long-term chart of Tata Steel appears volatile, and by the end of 2035, the share price may reach ₹603.21.
Tata Steel Share Price Target 2040
By 2040, Tata Steel aims to achieve major sustainability objectives. The share price target ranges from a minimum of ₹800 (assuming continued good performance) to a maximum of ₹900 (exceeding market expectations).
Tata Steel Share Price Target 2045
Tata Steel’s sustainability objectives, including Net Zero Carbon by 2050, could positively impact the share price. The target ranges from a minimum of ₹850 to a maximum of ₹950.
Tata Steel Share Price Target 2050
Continuing its growth trajectory, Tata Steel’s share price is expected to reach a minimum of ₹1000 and a maximum of ₹1200 by 2050, driven by digital transformation and sustainability efforts.