Tata Power Share Price Target 2024 – 2030: Tata Power, a part of the Tata Group, is recognized as one of the largest integrated power companies in India. Operating in both conventional and renewable energy fields, Tata Power plays a significant role in the energy industry. Investors are closely watching Tata Power’s stock performance due to its strategic efforts and growth opportunities. This article presents a detailed examination of Tata Power’s stock price forecast spanning from 2024 to 2030.
Tata Power Informations
- Company Name: Tata Power Company Limited
- Sector: Power Generation and Distribution
- Key Verticals: Thermal Power, Solar Power, Wind Power, Hydro Power, and Transmission & Distribution
Tata Power’s projected share prices for 2024 to 2030 are as follows: 2024 ₹513, 2025 ₹585, 2026 ₹669, 2027 ₹766, 2028 ₹878, 2029 ₹1005, 2030 ₹1152.
Tata Power Share Price Overview
- MARKET CAP: ₹1.32LCr
- OPEN: ₹408.90
- HIGH: ₹414.35
- LOW: ₹406.75
- P/E RATIO: 35.88
- DIVIDEND YIELD: 0.48%
- 52 WEEK HIGH: ₹471.00
- 52 WEEK LOW: ₹228.05
Tata Power Share Price Target
After assessing the elements mentioned above, here are the anticipated percentage rate targets for Tata Power from 2024 to 2030.
Tata Power Share Price Target 2024 – 2030: 2024 ₹513, 2025 ₹585, 2026 ₹669, 2027 ₹766, 2028 ₹878, 2029 ₹1005, 2030 ₹1152.
Tata Power Share Price Target 2024 – 2030
YEAR |
SHARE PRICE TARGET |
2024 |
₹513 |
2025 |
₹585 |
2026 |
₹669 |
2027 |
₹766 |
2028 |
₹878 |
2029 |
₹1005 |
2030 |
₹1152 |
Disclaimer: Stock targets and forecasts are intended for educational purposes solely and may not be dependable for making investment choices. Utilize this information at your own discretion. This does not constitute a solicitation to purchase or sell stocks. fullorissa.com and its writers are not responsible for any incurred losses. This does not serve as investment advice; it is recommended to seek professional guidance before proceeding with any investment choices. Approach investing with caution and ensure you are well-informed.
Financial Performance
To comprehend the fate, value, and aspirations of Tata Power, it is crucial to examine its past financial results and important metrics.
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Factors Influencing Tata Power Share Price
- Renewable Energy Initiatives: Tata Power’s cognizance on growing its renewable electricity portfolio is a exquisite increase driver. The enterprise pursuits to increase its renewable energy capability to fifteen GW through 2025.
- Government Policies: Favorable government pointers selling easy electricity and electrification can certainly impact Tata Power’s organization.
- Technological Advancements: Adoption of recent generation and improvements in electricity technology and distribution will beautify performance and decrease expenses.
- Financial Health: Strong economic overall performance, as indicated via sales growth and profitability, boosts investor self warranty.
- Market Trends: The average inventory market overall performance and investor sentiment towards the strength sector moreover play a crucial role.
Will Tata Power grow in future?
Tata Power shares are trading at about 35 times the estimated earnings for the financial year ending March 2026 estimates, a lot higher than the historical price-to-earnings ratio, as per the report. Another broking firm CLSA also has a ‘Sell’ recommendation on Tata Power, with a target price of ₹297 per share.
Which Tata share is best?
The top Tata Group stocks, ranked by market capitalization, are as follows:
- TCS.
- TITAN.
- TATA MOTORS.
- TATA STEEL.
- TATA CONSUMER.
How good is Tata Power share?
413.65. Over the past 6 months, the Tata Power share price has increased by 10.69% and in the last one year, it has increased by 78.95%. The 52-week low for Tata Power share price was Rs. 229.6 and 52-week high was Rs.