Tata Steel Share Price Target 2024 2025 2027 2030 2040

Table of Contents

• What Is Tata Steel Company?
• Overview Of Tata Steel Company
• Financial Data Analysis Of Tata Steel Ltd Company
  • PE Ratio (Price To Earning Ratio)
  • Return on Assets (ROA)
  • Current Ratio
  • Return On Equity (ROE)
• History Of Tata Steel Share Price Target From The Year 2024 to 2030
• TATA STEEL Share Target Price 2024
• TATA STEEL Share Target Price 2025
• TATA STEEL Share Target Price 2026
• TATA STEEL Share Target Price 2027
• TATA STEEL Share Target Price 2028
• TATA STEEL Share Target Price 2029
• TATA STEEL Share Target Price 2030

Tata Steel is a major steel-producing company in India with a substantial presence in several other countries such as the United Kingdom, Netherlands, Thailand, and 22 others. With its global annual production capacity of 35 million tonnes, Tata Group’s subsidiary is among the world’s top ten steel-producing companies. In India, it has its plants in Jamshedpur, Jharkhand, and is headquartered in Mumbai, Maharashtra. The company reported a turnover of Rs 2,58,272 lakh crores ($31 billion) by the end of March 31, 2023, and has over 77,000 employees.

When it comes to the share market performance of the Tata STEEL, its share prices saw slight hiccups, but nothing major, in its previous years of trading. It has been able to maintain a steady share price growth rate over the last five years. Through this article, we will go through the factors impacting Tata Steel's share price targets for the years 2024, 2025, and 2030.

What Is Tata Steel Company?

Tata Steel Limited formerly known as Tata Iron and Steel Company is an Indian multinational steel manufacturing company situated in Jamshedpur, Jharkhand. The headquarters of the company is situated in Mumbai. The company was established in the year 1907, on 26th August.

Overview Of Tata Steel Company

Tata Steel is one of the largest steel manufacturing units in India which has the production capacity of crude steel 35 million tonnes per annum. In the year 2021, the most profitable company of Tata Group was Tata Steel. In the year 2005, the company changed its name to Tata Steel Ltd from Tata Iron and Steel Company (TISCO). The main products of the company are long steel products, wire products, steel-causing pipes, and housing hold goods.

Jamsetji Nusserwanji Tata founded Tata Iron and Steel Company (TISCO), In the year 1911 TISCO started to produce pig iron products, and in the year 1912, the company started to produce steel, during the First World War company made rapid progress in steel production. In 2005, Tata Steel Company acquired a majority stake in the Thailand-based steelmaker Millennium Steel at a total cost of $ 135 million the company was newly named Tata Steel Thailand. Tata Steel, SAIL, and Jindal Steel and Power are the only three Indian Steel manufacturing units that have their captive iron ore mines which is the most advantageous part of the company.

Financial Data Analysis Of Tata Steel Ltd Company

Before investing any share anyone wants to see the company’s performance, overall profit, and net sales amount. We need a basic idea about the company’s PE ratio, return on assets, current ratio, and return on equity. In the below portion, we discuss the performance of the company. Tata Steel Share Price Target also depended upon the ratio which is described below.

PE Ratio (Price To Earning Ratio)

PE Ratio is calculated by Market price per share Earning price per share. It means the number of times an investor is ready to pay as compared to earnings time. Tata Steel Ltd Company has a PE ratio of 45.02, which is overvalued.

Return on Assets (ROA)

ROA is calculated by Profit After tax ÷ Total Assets. ROA is influenced by 2 factors return on sales and asset turnover. Tata Steel Ltd Company has a ROA of 6.23%, which is a bad sign for the company’s growth.

Current Ratio

The current Ratio is calculated by Current Assets ÷ Current Liabilities. Tata Steel Ltd Company has a current ratio of 0.74.

Return On Equity (ROE)

ROE is measured by = Net profit ÷ Average Share holding equity. Tata Steel Ltd Company has an ROE of 12.23%, higher is better.

History Of Tata Steel Share Price Target From The Year 2024 to 2030

Tata Steel Share is under BSE (Bombay Stock Exchange) and NSE (National Stock Exchange). Tata Steel Share is a bullish trend in the share market. The last 1 month’s share growth was +15.35 (10.90%), the last 6 month’s share growth was +28.20 (22.03%), the last 1 year’s share growth was +51.70 (49.47%), the last 5 year’s share growth was +101.27 (184.36%), and the maximum share growth was +149.25 (2,147.48%).

Tata Steel Share Price Return amount was last 1 month 10.74%, the last 3 months’ share return was 12.81%, the last 1-year share return was 55.05%, the last 3 years’ share growth was 106.23%, the last 5 year’s return growth was 209.82%. As a Steel and Iron production company, the company will grow more in the future the share will grow more. If anyone wants to invest in the share it will grow more in the future.

TATA STEEL Share Target Price 2024

TATA STEEL Share Target Price 2025

TATA STEEL Share Target Price 2026

TATA STEEL Share Target Price 2027

TATA STEEL Share Target Price 2028

TATA STEEL Share Target Price 2029

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TATA STEEL Share Target Price 2030