Are you a beginner in the share market and looking for the tata steel share price target for the upcoming years 2022, 2023, 2024, 2025, And 2030? Then you are reading the best article about it.
After reading this article you never need to search on google about it and you get all of my research and future prediction. I am Prabhat Kumar a share market export for the last five years. I put all three years of research into this article. Let’s start.
Tata Steel is one of the favorite shares because of many reasons. This is the company of the Tata group and it manufactures steel and iron products. I am analyzing this using technical and fundamentals both ways.
If you watch carefully the price chart of Tata steel in the monthly time frame. You can see a large upside rally starting from April 2020 and making a lifetime high and now this is taking a retracement and it will go upside.
Now I am going to discuss the detailed analysis using fundamental analysis. I consider only very important and popular terms data.
- Market Cap: The market cap of tata steel is ₹1,37,696.35 Cr.
- P/E Ratio: The price-to-earning ratio of tata steel is 4.54.
- No Of Shares: Total no of shares of tata steel is 1,222.34 Cr.
- DEBT: Total debt taken by tata steel is ₹28,348.30 Cr.
- Promotors Holding: Total shares(%) held by promotors is 33.92%.
- Net Sales: Tata steel has consistently increased net sales year by year for the last 5 years and net sales made in the annual report of March 2022 is ₹1,29,021.35 Cr.
- Net Profit: Tata steel has consistently increased net profit year by year for the last 5 years and the net profit made in the annual report of March 2022 is ₹33,011.18 Cr.
- Sales Growth: The average sales growth of tata steel for the last 5 years is 7.34%.
- Profit Growth: The average profit growth of tata steel for the last five years is 101.76%.
- EPS: Earning per share in the annual result of March 2022 is ₹27.01.
If we discuss the history of Tata Steel then you can see in the chart that is given below. You can see Tata Steel faces a gan fan resistance label for a long time. But, It breaks this level in 2021 and gives a very big level but now it is again nearby another gan fan resistance level.
Now, we will talk about the future target for Tata Steel. We explore 7 important levels that can be resistant and take down share price as a retracement from these levels. So, these all-important labels are the targets for the future. One by one it will be achieved.
The targets you can see in the chart in the one-month time frame. You are invested in Tata Steel you must wait for these levels. We will give you my predicted targets for the future years.
Now, I want to talk about Tata Steel’s share price target of 2022. Many people ask me what is predicted target for 2022 is in Tata Steel. Then I tell him that person the predicted target for Tata Steel is ₹137 and ₹167 levels. We achieve these levels in 2022 but in some cases, it can take more or less time. It depends on the momentum of the market.
If you want to invest in Tata Steel till 2023, it can give you the level of ₹189 and ₹232. These are the Fibonacci retracement level that may very easily achievable and I think Tata Steel gives you more than these levels till 2023.
If you have the patience to invest till 2024 in Tata Steel. You can get a very high level of target till 2024. Tata Steel’s share price target for 2024 is ₹293 and ₹398 for labels. These levels are analyzed on the basis of Fibonacci retracement.
Finally, I am talking about the share price target 2025 in Tata Steel. This is a very interesting question how many targets I get if I am invested in Tata Steel till 2025? Because in a previous year Tata Steel gives very high return. I tell to that person Tata Steel can touch the level of ₹534 and ₹733 by 2025. These levels are based on the Fibonacci retracement level. It can touch before or after 2025.
If you are a long-term investor and want to invest till 2030 in Tata Steel. You can get a very huge target if you are invested with full patience. Tata Steel’s share price target for 2030 is ₹2577 and ₹3578 of level. These are the minimum level that can achieve by 2030. Because the growth rate of the share price of Tata Steel is very huge from before one year. So, if you are a long-term investor Tata Steel is a good stock for you.
| Year | Target Of Tata Steel |
|---|---|
| 2022(Target-1) | ₹137 |
| (Target-2) | ₹167 |
| 2023(Target-1) | ₹189 |
| (Target-2) | ₹232 |
| 2024(Target-1) | ₹293 |
| (Target-2) | ₹398 |
| 2025(Target-1) | ₹534 |
| (Target-2) | ₹733 |
| 2030(Target-1) | ₹2577 |
| (Target-2) | ₹3578 |
Conclusion
In this post, we talked about the tata steel share price target for 2022, 2023, 2024, 2025, and 2030, the tata steel quarterly result analysis, and the tata steel annual result analysis. I think these terms are very helpful for you to invest in tata steel. If you have any questions about these terms please ask in the comment section. If you got help from this post please share it with your friends.
I am a share market expert for the last five years. I have expertise in technical analysis, and fundamental analysis of stocks, and assets. On this website, I write content like analysis of shares, predict future targets of shares based on analysis, simplify technical analyses, and intraday trading.
WHETHER THE SHARE PRICE WILL COME DOWN TO 500 RANGE
very cool to read this. thank you