The latest long-term forecast predicts that Tata Power Share Price will reach ₹500 by the end of 2024, and then rise to ₹700 by the end of 2025. The stock price is expected to continue its upward trend, reaching ₹850 in 2026, ₹1000 in 2027, ₹1200 in 2028, ₹1400 in 2029, ₹1600 in 2030, ₹2500 in 2035, ₹3500 in 2040 and ₹5000 in 2050. Based on this forecast, it is safe to say that Tata Power Share price will experience steady growth in the coming years.
Tata Power share price target for 2024, 2025, 2026, 2027, 2028, 2029, 2030, 2040, and 2050 are available here. Here, we have used, TradingView charts, and technical analysis to forecast the price of Tata Power stock. This price target is added by expert advice and information from other sources.
| Year | Minimum Target | Maximum Target |
|---|---|---|
| 2024 | ₹392 | ₹518 |
| 2025 | ₹578 | ₹710 |
| 2026 | ₹764 | ₹895 |
| 2027 | ₹950 | ₹1082 |
| 2028 | ₹1136 | ₹1270 |
| 2029 | ₹1322 | ₹1457 |
| 2030 | ₹1508 | ₹1642 |
| 2035 | ₹2438 | ₹2572 |
| 2040 | ₹3368 | ₹3500 |
| 2050 | ₹5228 | ₹5352 |
Based on the analysis of Tata Power share prices from previous years, it is projected that in 2024, the minimum price of Tata Power shares is expected to be approximately ₹392, while the maximum price could reach around ₹518. On average, the trading price in 2024 is estimated to be ₹450 for Tata Power.
| Year | Tata Power Share Price Target |
|---|---|
| 2024 | ₹392 to ₹518 |
Based on technical analysis by stock experts, Tata Power share is projected to have minimum and maximum prices of approximately ₹578 and ₹710, respectively, in 2025. The average expected trading cost is estimated to be around ₹635.
| Year | Tata Power Share Price Target |
|---|---|
| 2025 | ₹578 to ₹710 |
The stock experts have carefully analyzed the price fluctuations of Tata Power shares over the past years. Based on their analysis, it is projected that in 2026, the minimum price of Tata Power could potentially drop to ₹764, while its maximum price may reach ₹895. On average, the estimated trading cost is expected to be around ₹812.
| Year | Tata Power Share Price Target |
|---|---|
| 2026 | ₹764 to ₹895 |
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Based on the analysis of stock experts, the projected range for Tata Power share prices in 2027 is between ₹950 and ₹1082. The average trading price is estimated to be around ₹1008.
| Year | Tata Power Share Price Target |
|---|---|
| 2027 | ₹950 to ₹1082 |
Based on the analysis conducted by stock experts, the expected average price of Tata Power shares is projected to be approximately ₹1198. While there is a possibility of it dropping to a minimum of ₹1136, there is also a chance for it to reach ₹1270 by the year 2028 potentially.
| Year | Tata Power Share Price Target |
|---|---|
| 2028 | ₹1136 to ₹1270 |
Stock experts have made predictions for the price of Tata Power share in the upcoming year. According to these forecasts, Tata Power’s share is projected to be traded within the range of ₹1322 and ₹1457 in 2029. The average cost of Tata Power shares is anticipated to be approximately ₹1373 throughout the year.
| Year | Tata Power Share Price Target |
|---|---|
| 2029 | ₹1322 to ₹1457 |
Stock analysts have revealed their estimations for Tata Power share price in the year 2030. The maximum expected Tata Power share price is projected to reach ₹1642, while there is a possibility of a drop to around ₹1508. As a result, the anticipated average trading price is estimated to be ₹1587.
| Year | Tata Power Share Price Target |
|---|---|
| 2030 | ₹1508 to ₹1642 |
Based on analysis by stock experts, the estimated average price of Tata Power shares is projected to be around ₹2521. Although there is a possibility of a minimum drop to ₹2438, there is also potential for it to reach as high as ₹2572 throughout 2035.
| Year | Tata Power Share Price Target |
|---|---|
| 2035 | ₹2438 to ₹2572 |
After extensive analysis of the Tata Power share price, stock experts have now released their Tata Power share cost estimation for 2040. It is predicted that the Tata Power share will be traded at a minimum of ₹3368, with the possibility of reaching a maximum peak of ₹3500. As a result, it is expected that the average Tata Power share price in 2040 will be around ₹3425.
| Year | Tata Power Share Price Target |
|---|---|
| 2040 | ₹3368 to ₹3500 |
Stock analysts have made their estimations for Tata Power share price, revealing exciting insights for the year 2050. The projected maximum price for Tata Power shares is expected to reach ₹5352, while there is a possibility that it may experience a slight decline to around ₹5228. As a result, the anticipated average trading price for Tata Power shares in 2050 is estimated to be ₹5285.
| Year | Tata Power Share Price Target |
|---|---|
| 2050 | ₹5228 to ₹5352 |
Overview of Tata Power
Tata Power, a subsidiary of the Tata Group, is one of India’s largest integrated power companies. Established in 1915, the company is headquartered in Mumbai and operates across the entire energy value chain, including power generation, transmission, and distribution. Tata Power’s generation capacity exceeds 14.7 GW, derived from a mix of conventional sources such as coal, gas, and oil, and a growing share of renewable sources like solar and wind.
The company is heavily invested in renewable energy, with a portfolio that includes over 10 GW in renewable capacity and ambitious projects in solar energy, battery storage, and electric vehicle (EV) infrastructure. Tata Power is a leader in India’s rooftop solar market and continues to develop innovative green energy solutions. It has also been pivotal in expanding EV charging infrastructure across India, operating more than 5,500 public and private charging stations.
Tata Power’s efforts toward sustainability are underscored by its biodiversity conservation initiatives and corporate social responsibility programs. With its long-term vision of transitioning to green energy, Tata Power is a key player in India’s journey towards a sustainable energy future.
Is Tata Power a Good Buy?
Tata Power shows strong growth potential, with revenue up 12.5% in FY24 and a focus on renewable energy, aiming for 70% renewable capacity by 2030. Its stock has surged 70% in the past year. However, given its recent appreciation, analysts suggest it might be more suitable for long-term investors.
Is Tata Power overvalued or Undervalued?
Tata Power is currently Overvalued. The intrinsic value of one Tata Power share is estimated to be ₹416.03, while the current market price is ₹445.20, making it overvalued by 6.74%.
Is Tata Power a Debt-Free?
No, Tata Power is not debt-free. According to the information provided, the company had ₹494.8 billion in debt as of March 2024. Even though it has ₹106.3 billion in cash, its net debt still amounts to ₹388.5 billion, meaning it still carries a significant amount of debt.
Why is Tata Power increasing?
Tata Power’s share price is increasing due to its strong financial performance, with EBITDA expected to exceed ₹12,000 crore in FY24 and FY25. The company’s expansion in renewable energy, including winning key projects like the Bikaner-III transmission project, has boosted investor confidence. Additionally, market speculation about government support for infrastructure and energy sectors further fuels optimism.
Is Tata Power in profit or loss?
Tata Power is currently in profit. For the fiscal year 2023-2024 (FY24), the company reported its highest-ever net profit of ₹4,280 crore, marking a 12% increase compared to the previous year. The company also recorded substantial revenue growth, with ₹61,542 crore in total revenue for FY24. Its profit growth has been driven by strong performance across its core businesses, including generation, transmission, distribution, and renewables.
FAQs
Tata Power currently holds a Neutral consensus rating. This rating is based on the evaluation of 7 strong buy ratings, 3 buy ratings, 1 hold rating, 2 sell ratings, and 6 strong sell ratings.
Based on current market trends, it is predicted that Tata Power shares will be traded within the range of ₹1322 and ₹1457 in the next 5 years.
Based on current market trends, it is predicted that Tata Power shares will be traded within the range of ₹2438 and ₹2572 in the next 10 years.
The current price of Tata Power share is ₹22.98. Based on current market trends, in the future, we may expect the price of one Tata Power share to be ₹1457 in 5 years and ₹2572 in 10 years.
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