Tata Steel Share Price target 2024 is one of the largest steel-producing companies in India. It also has a significant presence in other countries like the UK, Netherlands and Thailand, among others. The company has a global production capacity of around 35 million tonnes. The subsidiary of the Tata Group is one of the top ten steel-producing companies in the world.
TST has its registered office in Mumbai, India, and its registered plant is located in Gwalpatriya, Uttar Pradesh. The company’s registered office in Mumbai has a registered office in Maharashtra, and it has a registered office in Uttar Pradesh.
According to the company’s annual report for the financial year 2022-2023, the company’s turnover stood at Rs 2.58.272 lakh crore ($31 billion).
Tata Steel Share Price Target 2025 performance has been consistent over the past five years. The company’s share prices have seen slight fluctuations but nothing major.
This article will discuss the factors that will influence the share price targets of Tata Steel Share Price target 2024, 2025 and 2030.
Tata Steel Share Price Target (2024)
| Month (2025) | Maximum Target | Minimum Target |
| January | Rs. 149.88 | Rs. 130.33 |
| February | Rs. 152.94 | Rs. 132.99 |
| March | Rs. 156.06 | Rs. 135.70 |
| April | Rs. 151.51 | Rs. 131.75 |
| May | Rs. 149.27 | Rs. 129.80 |
| June | Rs. 154.65 | Rs. 134.48 |
| July | Rs. 153.10 | Rs. 133.13 |
| August | Rs. 159.22 | Rs. 138.46 |
| September | Rs. 165.59 | Rs. 143.99 |
| October | Rs. 162.35 | Rs. 141.17 |
| November | Rs. 167.22 | Rs. 145.41 |
| December | Rs. 171.40 | Rs. 149.04 |
Tata Steel Share Price Target (2024)
| Month (2025) | Maximum Target | Minimum Target |
| January | Rs. 174.83 | Rs. 134.48 |
| February | Rs. 179.31 | Rs. 137.93 |
| March | Rs. 186.30 | Rs. 143.31 |
| April | Rs. 182.65 | Rs. 140.50 |
| May | Rs. 177.33 | Rs. 136.41 |
| June | Rs. 185.31 | Rs. 142.54 |
| July | Rs. 181.67 | Rs. 139.75 |
| August | Rs. 187.29 | Rs. 144.07 |
| September | Rs. 193.85 | Rs. 149.11 |
| October | Rs. 198.89 | Rs. 152.99 |
| November | Rs. 203.86 | Rs. 156.82 |
| December | Rs. 208.96 | Rs. 160.74 |
Tata Steel Share Price Target (2026 – 2030)
| Year | Maximum Target | Minimum Target |
| 2026 | Rs. 219.41 | Rs. 153.58 |
| 2027 | Rs. 241.35 | Rs. 168.94 |
| 2028 | Rs. 337.88 | Rs. 168.94 |
| 2029 | Rs. 292.54 | Rs. 146.27 |
| 2030 | Rs. 380.30 | Rs. 266.21 |
Tata Steel Fundamental Financials (2019-2023)
| Annual | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 |
| Sales (Rs) (Crores) | 157,669 | 148,972 | 156,477 | 243,959 | 243,353 |
| Expenses (Rs. Crores) | 128,351 | 131,144 | 125,973 | 180,469 | 211,053 |
| Operating Profit ( Rs. Crores) | 29,318 | 17,828 | 30,504 | 63,490 | 32,300 |
| Operating Profit Margin (%) | 19% | 12% | 19% | 26% | 13% |
| Other Income (Rs. crores) | 1,524 | -2,920 | 180 | 1,300 | 1,569 |
| Interest (Rs. Crores) | 7,660 | 7,581 | 7,581 | 5,462 | 6,299 |
| Depreciation (Rs. Crores) | 7,342 | 8,708 | 9,234 | 9,101 | 9,335 |
| Profit before Tax (Rs. Crores) | 15,841 | -1,380 | 13,844 | 50,227 | 18,235 |
| Tax % | 42% | 185% | 41% | 17% | 56% |
| Net Profit + (Rs. crores) | 9,122 | 1,172 | 8,190 | 41,749 | 8,075 |
| EPS (Rs.) | 9.07 | 1.38 | 6.26 | 32.88 | 7.17 |
| Dividend Payout % | 15% | 74% | 40% | 16% | 50% |
Factors affecting the Tata Steel share price target The capacity expansion project of the ‘Kalingangar’ plant in Odisha, which will increase the steel production capacity of the plant from 2 MPMT to 8 MPMT
The acquisition of NINL by Tata Steel in May 2022, which within a year reached 100 percent of the plant’s capacity from almost zero production
The capacity of the plant is expected to reach 1 million TBS in FY24
The first Steel Recycling Plant of Tata Steel will be located in Rohtak, Haryana
The company’s ability to enhance its operational efficiency year-on-year through its high-quality maintenance practices and cutting-edge digital solutions
The company, which is India’s leading steel-producing producer, has expanded its product range beyond steel and has introduced new materials such as composite materials and fiber reinforced products.
Risks to Consider When Investing in Tata Steel Shares?
Tata Steel’s share price target in the Indian stock market is likely to be affected by a number of factors. One of these factors is the volatility of commodity prices on the market due to geopolitical tensions, climatic events, government decisions and balance between supply and demand. A single major geopolitical instability on the planet’s surface could lead to a shortage of raw materials globally.
China, an autocratic country, is the largest producer and consumer in the global steel market and has the ability to influence the global market in a big way. Other factors are accidental operational risks (e.g. equipment breakdowns, natural disasters, etc.) and community risks (unwarranted trust deficit issues).
Tata Steel is a leading steel producer in the world and India, with an annual capacity of 34 million tonnes (Mtpa) worldwide and 21.6 Mt T in India. The company’s financial performance over the past five years has been strong, and its share price is expected to remain on a rising trend in the long term. Yes Securities, a domestic brokerage firm, is bullish on the company’s share price, citing the fact that its European business is in a period of transition while its Indian business is gaining traction. However, it is important to consider various strategies for investing in Tata Steel shares. According to Business Today, one such strategy is to initiate a buy trade on Tata Steel share Price target 2030 of Rs 153 with a daily closing loss of Rs 127.