Tata Power Share Price Target (2023, 2024, 2025, 2026, 2027, 2028, 2029, 2030), Tata Power Limited Future Plans, Businesses, Fundamentals and more
When it comes to Tata, there is definitely trust, we all know this very well. Tata Group and its Subsidiaries have already given very good returns to their investors. Tata Power, a subsidiary of the Tata Group, which has given a return of 139% to Investors in the last 5 years i.e. the money has been increased by 1.5 times.
So the company has already given good returns, but it has been seen to decline for a year. In such a situation whether to invest in this stock or not, today we will know in this article.
Hey friends, experts are forecasting that the share of Tata Power will 5 times your money by 2030. So to know whether this can really happen firstly we have to understand its business very well. After understanding its Businesses, we will try to predict Tata Power Share Price Target by looking at its technical and fundamentals
Table of Contents
ToggleAbout Tata Power Company Ltd
Tata Power is a Indian electric sector company which was founded in 1911 and headquartered in Mumbai, Maharashtra. The company operates in both the conventional and renewable energy space, with a diversified portfolio that includes hydroelectric, solar, thermal and wind power. Tata Power also provides distribution and transmission services to customers across the country.
Tata Power is a subsidiary of the Tata Group and is one of the largest power generation companies in India. The company has a strong presence in major parts India and it has also expanded its operations to several other countries including Bhutan, South Africa,Company Singapore and many more.
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Tata Power business segments Include –
- Transmission and Distribution: It operates and maintains transmission and distribution networks for the distribution of electricity to its customers.
- Trading: Tata Power engages in the buying and selling of power on various power exchanges.
- Generation: The company operates hydroelectric, thermal and renewable energy power plants too.
- Energy Services: The company provides energy-efficient solutions and services to commercial and industrial customers.
- Power Equipment: The company provides power equipment and systems such as transformers, switchgear, and other power-related equipment.
- Renewable Energy: The company has a significant presence in the renewable energy sector, with operations in solar, wind and hydroelectric power.
- Coal Mining: Tata Power is also involved in coal mining and supplies fuel to its power plants.
- Defence and Aerospace: Its Strategic Engineering Division (SED) provides solutions to Indian defence and aerospace sectors.
Tata Power Financial Trends
If we talk about the Revenue and Profit of Tata Power company then –
Its revenue in 2019 has been ₹ 29,881 Cr and profit is ₹ 2,356 Cr. There was a revenue of ₹ 29,136 Cr in 2020 and a profit of ₹ 1,017 Cr. In the same 2021, there was a profit of ₹ 1,127 crore with a revenue of ₹ 32,468 Cr. And this year i.e. in 2022 there has been a profit of ₹ 1,741 Cr with a revenue of ₹ 42,816 Cr.
Shareholding of Tata Power
- Promoters hold 46.86%
- Domestic Institutional Investors hold 10.13%
- Foreign Institutional Investors hold 9.63%
- Mutual Funds hold 4.04% and
- Retail and Others hold 29.34% of Tata Power share.
Institutional investors have marginally reduced their stake. DIIs held 10.87%, FIIs 10.84% and mutual funds 4.48% in the December quarter of 2021. According to the December quarter of 2022, there is a decline in the holding of institutional investors, which has been mentioned above.
Fundamentals of Tata Power
Company | Tata Power |
---|---|
Market Cap. | ₹70.489 Cr |
EPS | 10.43 |
ROE | 13.03% |
P/E ratio | 21.15 |
Book Value | 90.08 |
Dividend Yield | 0.91% |
Debt | ₹52,923 Cr |
Debt To Equity | 1.84 |
Now let’s know about Tata Power Share Price Target.
Tata Power Share Price Target Table
Year | Tata Power Share Price Target |
---|---|
2023 | ₹250 |
2024 | ₹320 |
2025 | ₹400 |
2026 | ₹490 |
2027 | ₹610 |
2028 | ₹740 |
2029 | ₹905 |
2030 | ₹1100 |
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Tata Power Share Price Target 2023
The target price of Tata Power for the year 2023 will be ₹250. Because at the moment good movement is not being seen in its stock. But experts are expecting a good rally in the stock this year.
Tata Power Share Price Target 2024
The target price of Tata Power for the year 2024 will be ₹320. By 2024, there can be a good upside in this, due to which investors will book good profits. There are also some chances of a fall in the stock, due to which the risk will remain in it.
Tata Power Share Price Target 2025
As the company is performing well, the investors are expecting good returns from the company. The analyst has given a Tata Power Share Price Target for 2025 of ₹400, which is a good returns for investors.
Tata Power Share Price Target 2030
The company’s business model is strong, so there is every possibility that Tata Power’s business will expand rapidly. Considering this, Tata Power Share Price Target 2030 will be around ₹1100. You can see a little difference from the price target that has been mentioned because it was predicted on the basis of technical analysis.
Tata Power share price in next 5 years
Tata Power stock price may see huge increment in coming 5 years. It is being told that the share price of Tata Power can increase from 230% to 250% after 5 years. But this condition will apply only if the company continues to progress the way it is progressing. If there is a recession due to which the economic condition of the country is affected, then there will be a slight decline in the share price. But according to current scenario, the Tata Power Share Price after 5 years are as follows –
Tata Power Share Price after 5 Years | |
---|---|
First Target | ₹720 |
Second Target | ₹760 |
Is it good to invest in Tata Power now?
At present, Tata Power’s stock is available at a good price. So if you invest in it then keep long term vision and invest in it. Because at present there has been a slight decline in its stock, but there is possibility of good returns in the future.
By the way, the financials of the company are very good. This has made the highest profit of ₹1741 crores in 2022, which is a very good thing. Tata Power fundamentals are as good as its financials. But on top of this the debt is more than its equity of ₹53,251 crores, which is not considered good. But investors are confident that the management will reduce the debt.
So, investing in Tata Power carries some risk, risk of debt. But looking at its past performance, it has been almost fine and will continue to do so. For more details about Tata Power Share Price Target watch this video –
Conclusion
After doing a deep research of Tata Power company, we have forecasted the stock price over the course of the following few years. It is important to do your own research and consult with a financial advisor before making any investment decisions. However, we will recommend you to check the company’s financial health, management stability, future plans, market conditions and other relevant information before making any investment.
That’s all in this article, we have tried to understand and predict Tata Power Share Price Target 2023, 2024, 2025, 2026, 2030 very well. If you feel that we have missed something or we need to improve a little more in this, then you can tell by commenting. Because each of your helpful comments helps us in giving good content to the readers like you. Thankyou…
FAQs
Is Tata Power a Debt free company?
No, Tata Power as huge debt of ₹52,923 crore which is low, and considering good.
What will be the share price of Tata Power in 2025?
After doing lots of analysis about this stocks, share price of Tata Power in 2025 can be around INR 400 – INR 450.
When Tata Power will give dividend in 2023?
Recently Tata Power have announced the Dividend of 2 rupees per share whose dividend percentage will be 200%.
What will Tata Power be worth in 5 years?
It is difficult to say but according to our analysis, Tata Power be worth between ₹740 – ₹800 in 5 years.
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DISCLAIMER – Stock Market Investment are subject to market risks, read all scheme related documents carefully before investing.