This article will deeply discuss Tata Power Share Price target 2023, 2024, 2025, 2026, 2030 Tata power limited works under Tata Group’s Limited. Tata Power is the nation’s largest company producing electricity and distributing power. And we discuss Tata Power’s company shares, the company’s business model, and financials. Also, we looking for future opportunities in Tata Power Ltd.
This article will help you invest in whether Tata Power Shares is really worth it or not and whether it’s suitable for your long-term investment plan. So, read the full article to know about Tata Power Share Price Target 2023, 2024, 20205, 2026, and 2030.
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Tata Power Share Price Target 2023, 2024, 2025, 2026, 2030
Tata Power Limited is an Indian electric utility company that provides services like Electricity generation, Electricity distribution, Natural gas exploration, and production. Tata Power Limited is one of the sub-company of Tata Group. Tata Power-Limited is India’s largest power-integrated company and its headquarters is located in Mumbai, Maharashtra.
Tata Power Limited was established in 1919, 2022 around 9 thousand employees are working in Tata Power Limited. In 2017 Tata Power-Limited is the Country’s first company to ship over 1GW of solar modules. Stay tuned for the deep analysis and the future opportunities of Tata Power Limited Shares.
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Tata Power Share Price Target 2023
Right now Tata Power Share value was trading at 203-215 rupees in the last couple of months. In the last financial year company generate more than 30% of Revenue compared to the previous financial year. Currently, the company’s P/E ratio was 21.34, In the last five years Tata Power share value was increased so well, In 2019 its share value was Rs.78, in 2022 its value increased to Rs.270rs. In the past five years, Tata Power’s sales growth was around 30%.
Due to the demand for electricity and renewable power, the company makes good revenue, and it has a strong base in the electricity production and distribution industry. So, the company has a bright future in the electric utility sector in India and the global market.
Tata Power Limited Target In the 2023 Year Is First Target Is Rs. 240 and its Second Target Is Rs.260
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Tata Power Share Price Target 2024
Tata Power industries are working on different power generation methods, like Windmill projects, Solar Projects, Thermal Plants, and coal mining projects. Right now Tata power limited is investing in Renewable energy projects to expand its business in the global market.
The Total Market Cap of Tata Power Limited is around 63 Thousand Cr till Feb 2023. If we saw the company’s financial report for the last three years annual revenue growth outperformed which is 32.9%. And Tata power limited stocks given total returns in 3 years was 265.7%, while compare to Nifty 100 was 44.3% only. In the upcoming days definitely, the company was able to perform well and make more revenue.
Tata Power Limited Target For the 2024 Year Is First Target Is Rs. 305 and its Second Target Is Rs. 325
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Tata Power Share Price Target 2025
Tata Power Limited has performed well in a couple of years, whether they announce 1,741.46 Cr (PAT) in 2022 YoY which is 1,127.38 Cr(PAT) previous financial year. The growth ratio increased by 15.37%. Tata Power Limited shares will gain momentum in a long run. The company will face rapid growth due to coal price inflation.
Tata Power was working in more than 35 locations in India and they had a plant in Singapore, South Africa, and Butan. In 2022 has a project of the nation’s biggest floating solar plant in Kerala. They had a large number of customer bases like 12 million plus till 2022. Tata Power had a total of 37% in renewable products in their portfolio.
Tata Power Limited Target For the 2025 Year Is First Target Is Rs. 410 And its Second Target Is Rs. 435
Tata Power Share Price Target 2026
Tata Power was making a good revenue, but each and every year their debt-to-equity ratio also increased, and they have to reduce their debt value in the upcoming days. For the long term potential company’s business is growing well, while they had 1000 plus Power charging stations in different locations, and in the next 5 years they had the plan to expand it 5 times more.
Tata Power had a clear plan to grab the EV market in the future, so already they invested in renewable energy sources and installed Power stations. They had a 70% of the market share in EV cars also. So in the future Tata Power could be a main player in this industry.
Tata Power Limited Target For the 2026 Year Is First Target Is Rs. 510 And Second Target Is Rs. 530
Tata Power Share Price Target 2030
Tata Power was steadily establishing its footprints in the global market, they had a project with UAE, Saudi Arabia, Malaysia, and Australia in electricity and renewable projects. Tata Power is the oldest company in electricity production company, they had a capacity of 14078KW. Tata Power’s Mudra Ultra Mega Power Plant (MUMPP) is run by the Under Coastal Gujarat Power Ltd (CGPL), this government body provides compensation for the cost of power generation to buyers along with a profit.
Tata Power Limited Target For the 2030 Year Is First Target Is Rs. 1050 And its Second Target Is Rs. 1150
Industry | Electric Utility |
Founded Year | September 18, 1919 |
Founder Name | Dorabji Tata |
Headquarters Place | Mumbai, Maharashtra, India |
Key People Of Tata Power | Praveer Sinha [MD & CEO] |
Products | Electric Power & Natural Gas |
Service | Electrical Generation & Distribution, Natural Gas, Exploration, Production, Transpiration, and Distribution |
Number Of Employees | 9,613 [2023] |
Parent | Tata Group |
Website | http://www.tatapower.com/ |
Tata Power Business Overview
Tata Power is the largest power generation company in India, the company operates in more than 35 locations and around 10 countries globally. Tata Power is generating, transmits, and distributing electricity and renewable energy. Tata Power has a strong presence in the Indian power transmission market. They also provide energy-related services such as energy efficiency consulting and distribution network management.
- Rooftop Solar Provider
- Energy-saving power services
- EV charging stations
Business Highlights
- Tata Power to develop 110 MW solar project for Kerala State EB Board
- Tata Power is one of the most sustainable companies to Sustain Labs Paris
- Tata Power to develop 100 MW solar project at Dholera Solar Park in Gujarat
- Tata Power had a tie-up with MG Motor India to deploy superfast chargers in Selected MG Dealerships.
Strength of Tata Power Limited
- Tata Power has a wide range of product portfolios for the production and distribution of conventional and renewable energy.
- The company had a strong base and reputation in the Indian market and other countries
- The company had more than 100 years of experience in conventional power generation.
- Conventional and renewable power market demand was increased in India and other countries.
- Tata Power has a huge investment in renewable energy resources.
- Past 5 years company return was high as compared to the Nifty 500
- Company has high TTM EPS Growth
- Effectively using its assets to genet revenue
- Annual Net Profit was increasing in last 2 years
Weakness Of Tata Power Limited
- The company has debt, which can limit its investment ability for new projects
- Government policies and regulations
- A lot of competition from other power generation companies
- A lot of fluctuations in fuel prices and other costs
- Tata Power did not have a global presence compared to other companies
- Last Quarter MFs decreased their Shareholding
- Cash Flow was not well
- High promoter Stock pledge
Opportunities Of Tata Power Limited
- Expansion Of new markets in renewable energy in India and all over the world
- Tata Power Limited is more interested in renewable energy like solar and wind power
- In the future lot of demand for electricity in India and other countries
Tata Power Shareholding Pattern
Holder’s Name | Percentage % |
---|---|
No Of Shares | 100. % |
Promoters | 46.86 % |
Foreign Institutes | 10.1 % |
N Banks Mutual Funds | 3.83 % |
Central Govt | 0.32 % |
Others | 3.15 % |
General Public | 24.87 % |
Financial Institutes | 10.87 % |
Tata Power Share Price Target 2023, 2024, 2025, 2026, 2030
Years | First Target | Second Target |
---|---|---|
Tata Power Share Price Target 2021 | Rs. 77 | Rs. 220 |
Tata Power Share Price Target 2022 | Rs. 240 | Rs. 210 |
Tata Power Share Price Target 2023 | Rs. 240 | Rs. 260 |
Tata Power Share Price Target 2024 | Rs. 305 | Rs. 325 |
Tata Power Share Price Target 2025 | Rs. 410 | Rs. 435 |
Tata Power Share Price Target 2026 | Rs. 510 | Rs. 530 |
Tata Power Share Price Target 2030 | Rs. 1050 | Rs. 1150 |
Conclusion
Tata Power Limited is now becoming the future of renewable power production and transportation companies, they have EV recharging stations in many locations, and in the upcoming days, they have to expand their projects. Tata Power has a strong brand name and reputation in the market. The company has some issues like debt, and lower cash flow but in the upcoming days, they can easily manage those issues.
As we see In the long term this company has to become a remarkable performance, so no doubt this would be a multi-bagger stock for investors.
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Disclaimer
We Have Evaluated this company in this article but we are not giving any investment advice for this stock and we are not SEBI registered advisor so you should do your own research or consult a financial advisor before investing
FAQ-Tata Power
Tata Power Is a Good Company?
Tata Power Company has considered one of the largest companies in India this company has a history of more than 100 years in terms of financial performance this company has been ahead in growth and profitability for many years and is a good opportunity for its investors and Tata power company is considered a good company with a strong presence in the energy sector
Is Tata Power Debt Free?
Tata Power Company Is not debt free company has debt like many companies the company has taken debt to implement and fund new projects and the total debt of this company in 2021 is approximately 95 thousand Cr. [approximately USD 14 billion]
Can I invest In Tata Power now?
You can easily buy Tata power shares in Grow by creating a Demat account and getting the KYC document and verified online
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