Tata Steel is one of the most popular compnay in the world in the steel sector, the compnay works in many countries and they have a large number of customers. Before a few years, Tata Steel had fallen badly due to global conditions. In the last 1 year, Tata Steel stock has given a return of approx 45%. As of now, investors are very bullish on the stock, as an investor you should know Tata Steel’s share price target for 2024, 2025, and 2026.
As you know metal stocks are very volatile due to the volatility in the demand, with time and different conditions the demand for the different metals increases and decreases. In 2020 – 2021 due to the war and other global conditions the steel stock crashed almost 50% to 60%.
Tata Steel stock also crashed a lot but as of Feb 2024, the stock has almost recovered and trading very close to its all-time high, and most probably a new all-time will be created in 2024. According to the market conditions and the stock analysis the Tata Steel stock can break its all-time high in 2024.
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About Tata Steel
Tata Steel is a part of the Tata Group. Tata Steel Company was founded in 1907 and as of now its managing director is Mr. Thachat Narendran. Currently, the Market cap of the Tata Steel company is Rs. 1,76,284Cr.
Tata is one of the leading steel manufacturing companies in India. Many products are manufactured in the company like hot-rolled, cold-rolled, steel coils and sheets, tire wires, spring wires, bearings, and many more. You can check about their business in detail on their official website.
Company Fundamentals
Company fundamentals help you to understand the company’s financial information. With this type of information, anyone (who understands the fundamentals) can know whether the stock is good or not.
There are different types of investors like safe and risky investors. Mostly safe investors only buy those that stocks are fundamentally strong and can give a decent return in the future.
Risky investors invest in fundamentally strong and penny stocks. In penny stocks, there are huge returns but the risk is also very high.
In case you don’t know how to read a company’s fundamental data to know which company is best in a particular industry, from the below video, you can learn a lot about reading and understanding the company’s fundamental data.
Note: Please cross-check the below-shared information from your broker website or any other trusted website. Please let us know if any information is wrong. The fundamental data was last updated on 19 Feb 2024.
Net Profit & Loss (Yearly)
| Year | Net Profit & Loss (In Crore) |
|---|---|
| March 2019 | ₹9,187 |
| March 2020 | ₹2,337 |
| March 2021 | ₹8,190 |
| March 2022 | ₹41,749 |
| March 2023 | ₹8,075 |
Net Profit & Loss (Quarterly)
| Quarter | Net Profit & Loss (In Crore) |
|---|---|
| Dec 2022 | -₹2,502 |
| Mar 2023 | ₹1,566 |
| Jun 2023 | ₹525 |
| Sep 2023 | -₹6,511 |
| Dec 2023 | ₹522 |
Company Fundamentals
| Market Cap | ₹1,76,284Cr | ROE | 0.78% |
| P/E Ratio (TTM) | 0.00 | EPS (TTM) | -2.70 |
| P/B Ratio | 1.99 | Div Yield | 2.50% |
| Industry P/E | 18.24 | Book Value | 71.46 |
| Debt to Equity | 1.01 | Face Value | 1 |
Shareholding Pattern
| Held By | Jun 2023 | Sep 2023 | Dec 2023 |
|---|---|---|---|
| FIIs | 20.28% | 20.31% | 20.01% |
| DIIs | 20.96% | 22.20% | 23.15% |
| Public | 24.70% | 23.43% | 22.99% |
| Promoters | 33.90% | 33.90% | 33.70% |
| Government | 0.16% | 0.16% | 0.16% |
Key Points
- the ROE and ROCE of the Tata Steel company are at very good points i.e. 7.28% and 12.6%.
- The Operating Margin of the company is near 30% over the last 5 years. The Operating Margin of 30% is very good for the company’s growth.
- On the company, there is a Debt of Rs. 38,179.01 Crore and the company has a cash of Rs. 1,077.33 Crore.
- Quarterly the net profit and loss of the company are very volatile but yearly the the compnay is making profits.
- EPS (Earning per Share) of the Tata Steel compnay is increasing continuously every year. In some years it was positive and in some years it was negative too.
Quarterly Results Q2FY24
Tata Steel’s December quarter was profitable, in the quarter the company showed a net profit of Rs. 522 Crore while in the previous quarter, the compnay showed a very huge loss and it is the highest loss in the last 5 quarters, the net loss was Rs. 6,511 Crore.
Thumb Rules for Investing
If you are an investor and want to book maximum profit on your investments then you have to follow some basic rules that are shared by many experienced investors from all over the world.
Not only in maximizing the return on your investments these rules also help you to book loss or profit at right so, that you can make more profit and decrease losses in the worst market crash.
Note: There are not sufficient rules that will make you high-level investors. In different stocks and sectors, there are multiple factors investors proper to check before investing in stocks. These things come from knowledge and experience.
Rule #1: Do not invest all the money in one sector’s stocks. No matter what is the future of the sector. In case you invested all the money in one sector, if the sector faces any issue, you’ll be in a huge loss.
Rule #2: Invest a maximum of 5% – 6% of the total money in any stock. Suppose you have Rs. 1 Lakh and invest only 5000 – 6000 in any stock. This rule is applicable when you are retail, and can not track all the stocks.
Rule #3: Invest in a maximum of 2-3 stocks of a sector. When any sector faces problems then other sectors’ stock will save you from huge losses.
Rule #4: Invest in stock when the stock the available at a 10% low from its 52-week high. Some people invest in stocks at high, and as a result, they do not get good returns on their investments.
Rule #5: Invest in stocks for at least 5 – 7 years to get very high returns. Keep booking the profit from time to time.
Rule #6: Keep averaging the stock if everything is right in the company and the stock is available at a high discount due to any market crash.
Rule #7: Before Investing in any stock make sure you check its fundamental and related news. It will help you to stay away from the stock which can give you huge losses.
Tata Steel Share Price Target
It is a metal company and as we mentioned above the revenue of the company depends upon one major factor i.e. demand. Once the demand increases the revenue of the company increases and the rest of the revenue decreases.
It does not mean investing in metal stocks is bad. It was a fact that we shared with you that if you are a safe investor and investing in the stock for the long term. You may see prices up and down for the short term but keep the stock until any major issue. In the future, you can see major targets in the Tata Steel share price.
Disclaimer: We are not SEBI registered. The post is only for educational purposes not for any investing advice. Do your analysis or ask your financial advisor before investing. We will not be responsible for any loss or profit.
Tata Steel Share Price Target 2024
Tata Steel stock is trading very close i.e. approx 7% to 8% below its all-time high. In the last few months, the stocks gave a massive return and I’m very sure many many investors will be in profit from the stock.
Analysts’ ratings are very bullish on Tata Steel stock because the government can start interest rate-cutting in 2024, once the interest rates cutting will start there are very high chance that the stock will give more return.
It is because people will start taking more loans and if the money is invested in infrastructure, cars, etc. the compnay will start making good profits very easily. But the banking stocks will get major profits.
Tata Steel Share Price 2025
As we have already seen the Tata Steel compnay is not making a constant profit based on quarterly. But in some quarters the company makes a good or very big profit as a result it’s there are no losses yearly.
Once, the company starts making constant profit then we can expect a massive return on the stock. But it is not going to happen very soon. It is only possible in the long term and we also have to see how the compnay business works after the interest rates cut.
Interest rate cuts will not happen very quickly and it may take 2 to 3 years to back the interest rates at their previous level of before COVID-19. In case, any other unexpected things happen in the next 2-3 years then it will be hard to say anything.
Tata Steel Share Price Target 2030
If you want to buy the stock for the year 2030 then you can blindly buy the stock and you’ll be in very huge profits. Tata Steel is one of the major players in the steel business and the business is present in many countries.
Metal stocks can be very volatile in the short term like 1 to 2 years which already happened and things are becoming good.
As your target is 2030 then we strongly recommend you invest in the stock in SIP mode. It will help you to manage your average buying price automatically so that you don’t have to do a lot of things about it.
FAQs
As we shared in the chat the stock is taking resistance. If the resistance is not broken, you can get the stock at a very low price. For investing SIP is always preferred.
Tata Steel is one of the leading steel manufacturing companies in India. As the fundamentals are also strong the stock so, it is good for long-term investing. Ensure you keep the stock and radar and track the news, and financials regularly.
According to the current analysis, we can see the target of Rs. 220 – 260 in 2025 or near 2025.
Final Words: Tata Steel is one of the leading companies in steel manufacturing. In the future, the steel demand will increase rapidly due to construction and other things. As a result, the stock will go up and we also shared Tata Steel’s share price target with the analysis.
This stock is quite good for people who want to invest their money into a safe stock and want to get a decent return on their investments.