Sharemarket investors must make informed choices according to professional assessments and studies from previous years. If you plan to invest in Tata Steel shares, you have landed on the right platform. Here we will provide you with all the Tata Steel Share Price Target information from 2024 to 2030. Our assessments are based on the company’s growth, overall performance, and upcoming opportunities. Using our data, you can make valid investment preferences.
What is Tata Steel Limited?
Tata Steel Limited was established in 1907 by Tata Group. The company is working internationally in over 50 locations and various commercial enterprises in 35 international places. Jamshedji Tata founded Tata Steel as the first steel company in India.
| Company Name | Tata Steel Ltd. |
| Founded | 1907 |
| Headquarters | Mumbai, Maharashtra |
| Industry | Steel Manufacturing |
| CEO | T. V. Narendran |
| Founder | Jamsetji Nusserwanji Tata |
| Official Website | tatasteel.com |
| Stock Exchange Listing | NSE & BSE |
Overview of Tata Steel Share Price
On 30th October 2024, Tata Steel Share Price on NSE was Rs. 148.85. Here is the market overview of Tata Steel Ltd.:
- Open Price: Rs. 148.10
- High Price: Rs. 150.95
- Low Price: 148.10
- Previous Close: Rs. 150.06
- Volume: 21,362,130
- Value: Rs. 31,823.17
- VWAP: Rs. 149.65
- UC Limit: Rs 165.06
- LC Limit: Rs. 135.05
- P/E Ratio: N/A
- Div Yield: 2.25%
- 52-wk High: Rs. 184.60
- 52- wk low: Rs. 104.05
- Mkt cap: Rs. 1.86 LCr
- Face Value: Rs. 1
Tata Steel Ltd Competitors
Following are the competitors of Tata Steel Ltd with approximate market capital:
1. JSW Steel Ltd
Market Capital: ₹1,83,000 Crores
2. Steel Authority of India Ltd (SAIL)
Market Capital: ₹40,000 Crores
3. Jindal Steel & Power Ltd
Market Capital: ₹64,000 Crores
4. NMDC Ltd
Market Capital: ₹47,000 Crores
5. Hindalco Industries Ltd
Market Capital: ₹1,04,000 Crores
Tata Steel Ltd Financial Analysis
| Metric | Value |
| Market Cap | ₹1,87,002.17 Cr. |
| ROE | 3.53% |
| ROCE | 7.60% |
| P/E | 53.4 |
| P/B | 1.34 |
| Industry P/E | 25.35 |
| Debt to Equity | 0.95 |
| Div. Yield | 2.41% |
| Book Value | ₹111.71 |
| Face Value | ₹1 |
| EPS (TTM) | ₹2.81 |
| 52 Week High | ₹184.60 |
| 52 Week Low | ₹117.50 |
Tata Steel Share Price Target 2024 to 2030
| Tata Steel Share price target years | Share price target |
| 2024 | Rs. 185 |
| 2025 | Rs. 216 |
| 2026 | Rs. 245 |
| 2027 | Rs. 280 |
| 2028 | Rs. 320 |
| 2029 | Rs. 365 |
| 2030 | Rs. 413 |
Tata Steel Share Price Target 2024
Tata Steel includes 4 main areas such as cars, farming, building, and industry. In 2024, investors can get amazing returns on Tata Steel shares. According to the Tata Steel management team, they believe these areas will earn high profits in upcoming years. As the population is increasing, the need of people is also increasing which further results in increasing share prices.
| Year | Minimum Price | Maximum Price |
| 2024 | 180 | 205 |
| Months (2024) | Minimum Target | Maximum Target |
| January | Rs. 127 | Rs. 137 |
| February | Rs. 136 | Rs. 150 |
| March | Rs. 138 | Rs. 160 |
| April | Rs. 155 | Rs. 166 |
| May | Rs. 166 | Rs. 178 |
| June | Rs. 180 | Rs. 185 |
| July | Rs. 150 | Rs. 175 |
| August | Rs. 143 | Rs. 170 |
| September | Rs. 135 | Rs. 180 |
| October | Rs. 150 | Rs. 185 |
| November | Rs. 171 | Rs. 190 |
| December | Rs. 168 | Rs. 205 |
Factors Affecting Tata Steel Share Price Target 2024
Here are 3 factors that mainly affect the target share price of Tata Steel in 2024:
1. Steel Demand and Global Economic Conditions
The demand for steel in the construction, automotive, and infrastructure sectors primarily influences Tata Steel’s revenue growth. The global economic conditions also drive the demand. Increasing infrastructure projects and industries boost sales and lead to growth in share price.
2. Raw Material expenses and Supply chain stability
The ups and downs in the raw material market such as iron and coking coal and the supply chain distribution, affect the Tata steel production cost. If the raw material prices and supply chain is efficient, it helps in maintaining profit whereas fluctuations can lead to challenges and affect stock performance.
3. Sustainability initiatives and innovations
The main focus of Tata Steel is always sustainability which includes reducing carbon emissions and using green technologies. This work ethic of the company helps it to stay competitive in the steel industry. The reputation of the company depends on environmentally friendly practices and innovations in steel products which further enhance the share price.
Tata Steel Share Price Target 2025
Tata Steel widely markets its products in India, Europe, and Southeast Asia. The coal used in the company usually comes from the Jharia Group and West Bakrau Group. Experts predicted the Tata Steel share price to reach Rs. 220 per share in 2025. Many others predict that the price may reach Rs. 240 per share. Here is the Tata Steel share price target for 2025.
| Year | Minimum Price | Maximum Price |
| 2025 | Rs. 161 | Rs. 240 |
| Months | Minimum Target | Maximum Target |
| January | Rs. 150 | Rs. 163 |
| February | Rs. 162 | Rs. 171 |
| March | Rs. 160 | Rs. 170 |
| April | Rs. 144 | Rs. 165 |
| May | Rs. 140 | Rs. 177 |
| June | Rs. 174 | Rs. 182 |
| July | Rs. 171 | Rs. 178 |
| August | Rs. 148 | Rs. 161 |
| September | Rs. 167 | Rs. 177 |
| October | Rs. 174 | Rs. 185 |
| November | Rs. 192 | Rs. 213 |
| December | Rs. 208 | Rs. 240 |
Factors Affecting Tata Steel Share Price Target 2025
1. Global Steel prices and trade policies
The prices of steel worldwide depend on the supply and demand dynamics, trading policies, and international tariffs. These factors also impact the profitability of Tata Steel company. Good trade policies and robust global demand lead to an upsurge in revenue. On the other side, restrictive tariffs or drops in prices due to oversupply lead to major challenges in a company’s performance.
2. Technological advancements
Advance technological innovations in steel production such as AI-driven processes and automation can significantly increase efficiency, reduce cost, and increase the quality of the product. Tata Steel’s initiatives to stay ahead in the technological advancements provide it an advantage in the highly competitive market and hence enhance the share prices.
3. Expansion in emerging market
The capability of Tata Steel to cater to the growing demand in emerging markets, especially in the fast-growing infrastructure and construction sector in countries like India and Southeast Asia, leads to the growth of the company. Strategic expansion and solid market presence drive revenue growth and enhance share price.
Tata Steel Share Price Target 2030
If the demand for steel products increases, it will lead to an upsurge in the share price of Tata Steel. Other factors that may influence Tata Steel Share Price are cheaper raw materials, competition in the market, and government policies. The Tata Steel share price target for 2030 is expected to reach Rs. 770 per share.
| Year | Minimum price | Maximum Price |
| 2030 | Rs. 520 | Rs. 770 |
| Month | Minimum Target | Maximum target |
| January | Rs. 520 | Rs. 663 |
| February | Rs. 562 | Rs.671 |
| March | Rs. 560 | Rs. 670 |
| April | Rs. 544 | Rs. 665 |
| May | Rs. 540 | Rs. 667 |
| June | Rs. 574 | Rs. 682 |
| July | Rs. 571 | Rs. 678 |
| August | Rs. 548 | Rs. 691 |
| September | Rs. 567 | Rs. 697 |
| October | Rs. 567 | Rs. 715 |
| November | Rs. 592 | Rs. 743 |
| December | Rs. 608 | Rs. 770 |
Factors Affecting Tata Steel Share Price Target 2030
Various key factors may affect Tata Steel Share Price Target in 2030:
1. Sustainable and green steel
According to the experts, the steel industry is going to face strict government rules for environmental safety which will enhance the demand for eco-friendly products. The investment of the Tata Steel Company in reducing carbon emissions and producing green steel will play a crucial role in long-term company growth. The sustainability initiatives will open new opportunities in the market and will lead to a stronger reputation in the market.
2. Global infrastructure and growth in the Industrial sector
As the global infrastructure is developing, the steel demand is also increasing. The sectors that are investing more in modernization and urbanization are the major factors for increasing the growth of steel-producing companies. The ability of Tata Steel to cater to the increasing needs of the market will lead to more profit and hence increase in share price.
3. Technological advancements and efficiency
Technological advancements such as AI-driven processes and innovative materials play a vital role in cutting production costs and enhancing product quality. The acceptance of Tata Steel for updated technology will result in more productivity at a lower cost. It will help companies to face the competition in the market and generate more revenue.
Conclusion
If we look at the Tata Steel share price target for 2022 and 2024, the company has shown resilience and growth which resulted in enhanced sales and profits. The graph shows the upward movement which ensures the profit for long-term investors. The company’s work policy to shareholder value through consistent dividend payouts depicts the stability and focus on rewarding investors. Tata Steel’s long-term target can be predicted with the last few year’s growth graph.
Tata Steel Share Price Target – FAQS
What is the present share price of Tata Steel?
Ans. In June 2024, the share price of Tata Steel was roaming around Rs. 165 per share.
Is it possible that the Tata steel price can reach Rs. 500 in 2025?
Ans. The share price of the company depends on various factors such as market conditions and company performance. According to market experts, Tata Steel Share Price can reach Rs. 500 per price by the year 2030.
What are the factors leading to the growth of Tata Steel share price upsurge?
Ans. The share price growth of the Tata Steel Company depends on various factors such as demand, expanding global markets, initiatives by the government, and efficient processes by the company,
What are the risks involved in investing in Tata Steel shares?
Ans. The risks associated with Tata Steel’s share investments include fluctuating prices of steel, global economic conditions, high competition, and environmental regulations.
What are Tata Steel’s future projects that could lead to an upsurge in the share price?
Ans. There are various projects that Tata Steel is planning to launch, which will be beneficial for the company’s growth, such as expanding the Kalinganagar plant. It will also upsurge the share prices.
Is Tata Steel a good buy for long-term investment?
Ans. The growth of the Tata Steel Company and progress in the share prices in the last 5 years shows that it is good for long-term investment.
