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Tata Steel Limited Overview
Tata Steel stands as a leading global steel producer with a century-long history. Headquartered in India, the company maintains a wide international presence, operating in more than 26 countries. Its shares are publicly listed on Indian stock exchanges including the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) as well as well-known international exchanges such as the London Stock Exchange (LSE).
Tata Steel shares have been consistently favored by investors, attracted by its strong market position, resilient financial performance, and strategic investments in key growth areas. The company’s diverse portfolio includes a range of steel products to cater to industries such as automotive, construction, engineering, and infrastructure.
Demonstrating a deep commitment towards sustainability, Tata Steel actively participates in initiatives aimed at reducing its carbon footprint and promoting responsible business practices. As a result, the company has earned recognition and praise for its contribution to corporate social responsibility.
In short, Tata Steel shares offer investors an opportunity to be associated with a globally acclaimed brand in the steel industry, characterized by a strong performance history and a dedicated commitment to sustainable growth.
TATA Steel Share Overview in tabular form
| Share Name | TATA STEEL LTD |
|---|---|
| Founded in | 1907 |
| Headquarters | Mumbai |
| Ticker Symbol | TATASTEEL |
| Country | India (NSE, BSE) |
| Market Cap | ₹1.538 Trillion |
| Revenue | ₹2.433 Trillion |
| Official Website | tatasteel.com |
| Sector | Non-Energy Minerals |
| Industry | Steel |
| CEO | Thachat Viswanath Narendran |
| Competitors | Jindal Steel, JSW Steel, Beekay Steel, OCL Iron & Steel Ltd. |
Tata Steel Share Price Target, 2024, 2025, 2030, 2040, 2050
Our extended-term price forecast suggests that the value of TATA Steel shares is anticipated to achieve below price target in the future.
| YEAR | MINIMUM PRICE (IN RUPEES) | MAXIMUM PRICE (IN RUPEES) |
|---|---|---|
| 2023 | ₹125.465 | ₹157.234 |
| 2024 | ₹220.535 | ₹249.706 |
| 2025 | ₹315.823 | ₹351.685 |
| 2026 | ₹410.014 | ₹446.222 |
| 2027 | ₹504.423 | ₹539.759 |
| 2028 | ₹598.839 | ₹633.278 |
| 2029 | ₹693.252 | ₹726.797 |
| 2030 | ₹787.665 | ₹820.326 |
| 2035 | ₹1259.731 | ₹1287.945 |
| 2040 | ₹1731.792 | ₹1755.564 |
| 2045 | ₹2203.864 | ₹2223.183 |
| 2050 | ₹2475.923 | ₹2690.801 |
TATA Steel Share Price Target 2023
Conducting a technical analysis, it is anticipated that TATA Steel shares may fluctuate between a minimum of ₹126.464 and a maximum of ₹158.237 in 2023, with an average trading price expected around ₹138.257.
TATA Steel Share Price Target 2024
Drawing insights from historical share price trends, projections for 2024 suggest TATA Steel shares could range from approximately ₹221.538 to ₹250.708, with an average trading price estimated at ₹233.538.
TATA Steel Share Price Target 2025
Expert analysis foresees TATA Steel shares in 2025 with a projected low and high of ₹316.821 and ₹352.686, respectively. The average anticipated trading cost is around ₹329.723.
TATA Steel Share Price Target 2026
Careful examination of past fluctuations indicates that in 2026, TATA Steel shares might experience a low of ₹411.013 and a high of ₹447.226, with an estimated average trading cost of ₹432.176.
TATA Steel Share Price Target 2027
Expert analyses project a price range of ₹505.426 to ₹540.750 for TATA Steel shares in 2027, with an average trading price expected at ₹519.680.
According to our TATA Steel Share Price Target, there is an anticipation that the price may reach ₹501 by 2027.
TATA Steel Share Price Target 2028
Analysts suggest an average price of approximately ₹614.284 for TATA Steel shares in 2028, with a potential low of ₹599.839 and a high of ₹634.274.
TATA Steel Share Price Target 2029
Predictions for 2029 foresee TATA Steel shares trading between ₹694.252 and ₹727.798, with an average cost estimated at ₹709.587.
TATA Steel Share Price Target 2030
In 2030, analysts expect TATA Steel shares to range from ₹788.665 to ₹821.322, with an average trading price of around ₹797.645.
As per our TATA Steel Share Price Target, there’s a projection that the price may reach ₹1001 by 2032.
TATA Steel Share Price Target 2035
Estimations for 2035 suggest an average TATA Steel share price of around ₹1260.730, with a potential low of ₹1253.947 and a high of ₹1288.942.
According to our TATA Steel Share Price Target, there’s a possibility the price may reach ₹1501 by 2038.
TATA Steel Share Price Target 2040
Following an in-depth analysis, TATA Steel shares in 2040 are expected to range from ₹1732.795 to ₹1756.562, with an average price around ₹1746.576.
According to our TATA Steel Share Price Target, there’s an anticipation the price may reach ₹2001 by 2042.
TATA Steel Share Price Target 2045
Forecasts for 2045 propose a trading range of ₹2204.860 to ₹2224.182 for TATA Steel shares, with an average cost around ₹2214.176.
According to our TATA Steel Share Price Target, there’s a projection the price may reach ₹2001 by 2042.
TATA Steel Share Price Target 2050
Looking ahead to 2050, analysts suggest a trading range of ₹2676.925 to ₹2691.802 for TATA Steel shares, with an average anticipated trading price of ₹2684.768.
According to our TATA Steel Share Price Target, there’s a projection the price may reach ₹2001 by 2042.
TATA Steel Share 12 Months Price Target by Analysts
Based on recent analyst forecasts, TATA Steel has received price target projections from 28 analysts within the last 3 months. The average price target is ₹139.55, with a high forecast of ₹168.00 and a low forecast of ₹83.00. The consensus rating for TATA Steel stock, derived from analyst opinions, is Buy, encompassing 2 strong sell ratings, 5 hold ratings, and 5 buy ratings & 16 strong buy ratings for TATASTEEL.
TATA Steel Share Price History
| Year | Low (₹) | High (₹) |
|---|---|---|
| 2018 | 65.26 | 74.05 |
| 2018 | 51.30 | 60.65 |
| 2019 | 46.13 | 54.45 |
| 2019 | 42.62 | 52.99 |
| 2020 | 45.65 | 52.60 |
| 2020 | 34.03 | 39.85 |
| 2021 | 61.60 | 75.15 |
| 2021 | 115.02 | 150.18 |
| 2022 | 108.13 | 126.50 |
| 2022 | 85.81 | 111.30 |
FAQ
TATA Steel Investment Analysis: Buy, Hold, or Sell?
According to assessments by 28 analysts, the prevailing consensus rating for TATA Steel shares is “Buy.” This amalgamation stems from an evaluation of 2 strong sell ratings, 5 hold ratings, and 5 buy ratings, coupled with 16 strong buy ratings for TATASTEEL.
TATA Steel Stock Projections: 5 Years Ahead
In the subsequent five years, the outlook for TATA Steel’s share price suggests a potential range between ₹600.839 (low) and ₹635.274 (high), with an average anticipated price of around ₹635.274.
TATA Steel Stock Projections: 10 Years Ahead
Peering into the next decade, forecasts imply that TATA Steel’s share price may oscillate between ₹960.839 (low) and ₹1014.274 (high) after 10 years. The average projected price stands at approximately ₹987.274.
Investing in TATA Steel: A Deliberation
Contemplating an investment in TATA Steel presents a prospective opportunity, contingent upon a meticulous examination of various factors. As a prominent global steel producer, TATA Steel commands a significant presence in both Indian and international markets. Its key strengths lie in a diversified product portfolio, robust manufacturing capabilities, and an efficient distribution network. The company’s strategic emphasis on cost optimization and operational efficiency positions it for potential long-term profitability. However, as with any investment decision, a thorough analysis and consideration of individual financial goals and risk tolerance are imperative.
Is Tata Steel a good buy for long-term 2024?
Given the present market conditions and the information at hand, Tata Steel appears to present itself as a promising option for a long-term investment in 2024. Nevertheless, it is crucial to engage in comprehensive research and analysis before finalizing any investment decisions.
Is Tata Steel a multi-bagger?
Tata Steel holds the promise of being a lucrative investment opportunity, showcasing its potential for substantial returns through a robust market presence, a varied product lineup, and strategic acquisitions. The company has proven its capability to yield considerable benefits for investors.
Is Tata Steel overvalued?
In the Base Case scenario, the intrinsic value of a single TATASTEEL stock is assessed at 166.4 INR, signaling an undervaluation of Tata Steel Ltd by 24% in comparison to the current market price of 125.9 INR.