Tata Power Share Price Target 2024

 Tata Power Share Price Target 2024 is India’s largest conglomerate company with more than 100 years of experience in the power sector. The company’s stock price has been on the rise for the past 5 years and will continue to do so in the near term. Tata Power’s market capitalization has increased by around Rs 1.16,000 crore over the past 2 years and is currently at an all-time high of Rs 366.00 crore on the National Stock Exchange (NSE).

Tata Power’s share price target  2025 is expected to be Rs.25 to Rs.30 per share as the company’s West Bengal Solar Panel is expected to produce 25% of the total power due to the panel’s ability to absorb solar radiation on both sides. TPRL (Total Project Renewable Light) in West Bengal supplies electricity to over 12,5 million people, which makes it a popular choice among investors.

What Factors are likely to Affect the Tata Power Share Price Target in 2030? Tata Power's dividend policy has been consistent since 2012. The dividend payout ratio has been fixed at Rs. 2.0 per share.

Tata Power's share price Targets 2024, 2025, and 2030 are shown in the chart below.

Tata Power Share Price Target (2024) Month (2024) Maximum Target Minimum Target January Rs 375.22Rs 288.63FebruaryRs 394.96Rs 303.82MarchRs 414.71Rs 319.01AprilRs 370.28Rs 284.83MayRs 336.62Rs 258.94JuneRs 370.28Rs 284.83JulyRs 352.65Rs 271.27AugustRs 367.34Rs 282.57SeptemberRs 385.71Rs 296.70OctoberRs 408.85Rs 314.50NovemberRs 437.47Rs 336.52DecemberRs 446.22Rs 343.25

Tata Power Share Price Target (2025) Month (2025) Maximum Target Minimum Target January Rs 406.58Rs 312.75 February Rs 415.76Rs 358.97 March Rs 427.12Rs 365.95 April Rs 387.38Rs 328.63 May Rs 397.82Rs 290.75 June Rs 427.38Rs 328.95 July Rs 452.77Rs 295.67 August Rs 478.05Rs 320.58 September Rs 491.95Rs 324.21 October Rs 543.47Rs 364.42 November Rs 560.65Rs 377.97 December Rs 567.86Rs 382.75

Tata Power Share Price Target (2026 to 2030) Year Maximum target Minimum Target2026 Rs 612.35Rs 318.65 2027 Rs 765.50Rs 485.85 2028 Rs 877.90Rs 534.53 2029 Rs 902.85Rs 687.18 2030 Rs 1013.72Rs 802.56

TATA POWER Financials 2023 Revenue 551.09 Billion INR⬆ 28.71% YOY Operating expense 106.88 Billion INR ⬆ 16.50% YOY Net Income 33.36 Billion INR ⬆ 91.59% YOY Net Profit Margin 6.05 ⬆ 48.65% YOY Earnings Per Share 8.07⬆ 88.20% EBITDA 78.30 Billion INR⬆ 4.49% Effective Tax Rate 30.19%



In 2022, Tata Power signed a MoU with the Government of Gujarat. The MoU aims to become India's leading provider of renewable energy. The company is committed to using all green energy resources to promote the 'Sustainable' initiative and create a sustainable environment.

In 2028, the company is expected to become India's first provider of electric vehicle (EV) charging infrastructure. According to the share price forecast of Tata Power, it is expected that by 2028, there will be 1 lakh electric vehicle charging points in the country.

In the last 10 years, we have installed 85.000 solar water pumps and we are planning to install 2.000 solar pumps in the next 10 years. We generate revenue of over Rs 5000 crore per annum. Our 1000 MW Solar power generation capacity generates about Rs 2.00 Crore per annum. We have the potential to increase our Solar power generation capacity by over 2.4 GWh per annum by 2027.

We operate EV charging points in 450 cities across the country, which is the largest EV charging infrastructure in India. We plan to install over 10000 EVs by 2025 in addition to the 3600 EV charging points currently available. Currently, 40% of our total Generation comes from Clean sources. We aim to have 70% of Total Generation Sources from Clean sources by 2040.

Shortly, Tata Power will face competition from other power companies like Adani Power, Reliance Power, Rattan Power, GVK Power, JV Power, Tamil Nadu Power, etc. We plan to invest a lot in Wind and Solar in Tamil Nadu over the next 2-3 years.\

Tata Power's share Price target 2030 is expected to have a market capitalization of approximately Rs 55,00 crores by the end of 2030. The company has a stock price target of Rs 385 for 2024, and a target range of Rs 342 to 380 for 2023. The company witnessed a CAGR of 4934 percent between February 2019 and January 2024. The FY2023 stock price of the company increased 87.06 percent. In August, the stock price of Tata Power reached a new peak of 455 rupees on the NSE.

By the end of the next financial year, the market capitalization of the company is expected to surpass Rs 1,00 lakh crore. The brand strength of the company and the upcoming renewable energy projects in India are the factors that will continue to influence the stock performance of the company.

It is important to understand the current market conditions and the risks involved in investing in a company such as Tata Power. The future of this company will be decided by professionals like ICIC Direct, and Antique Stock Broking.

Read  Also 

https://www.linkedin.com/pulse/tata-power-share-price-target-202420252030-shubham-digital-onp9c/

https://stellar-october-5fd.notion.site/Tata-Power-s-share-price-target-2025-982aa1d358e2495682041b77f92fe60b

https://www.quora.com/profile/Shubham-Digital-7/Tata-Power-Share-Price-Target-2024

https://sites.google.com/view/tatapowerssharepricetarget2025/home

https://medium.com/@digitalshubham41/tata-power-share-price-target-2030-7db42e596b08

https://digitalshubhamindiapropertydekho.weebly.com/blog1/tata-powers-share-price-target-2025-tata-power-share-price-prediction

https://indiapropertydekhoshubham.wordpress.com/2024/01/30/tata-power-share-price-target-2024-to-2030/

https://digitalshubham41.wixsite.com/indiapropertydekhosh/post/tata-power-share-price-target-2025

https://cesk-phoubly-geiarly.yolasite.com/

https://digitalshubham.mystrikingly.com/blog/tata-power-share-price-target-2024

Comments

Post a Comment

Popular posts from this blog

JBM Auto Share Price Target 2025

Image
JBM Auto Share Price Target 2024  is listed on stock exchanges and is doing very well. The company's share prices are increasing which has resulted in huge share prices for the company. The company's shares are trading at overvalued levels. JBM Auto has made predictions about the company's share prices, which are used to get an idea of the company's share price. The JBM Auto Share Price Target 2025  is based on the values predicted for the coming years. After that, JBM Auto Share Price Target 2030   is based on the company's predicted values. The forecast values are used to calculate the various target prices that the company will aim to achieve over time. The company has achieved the targets of previous years promptly, for example, the company has achieved the target for the year 2022, and another JBM Auto Share Price Target 2023  has also been achieved in the past.  However, the targets for this year have not yet been achieved but may be achieved in the future. T
Read more

Delhi vs Gurgaon property Growth, Price, Tax and property Area

Image
What is the difference between Gurgaon vs Delhi real estate property price, tax , growth, property prices, price appreciation, government rules, regulations, etc.? Gurgaon is a metropolitan city whereas Delhi is an urban city. The two cities have very different landscapes, cultures, employment opportunities, connectivity infrastructure, etc. However, there are a few similarities between the two cities in terms of living standards, Metro rail connectivity, employment opportunities, education, healthcare facilities, and so on. This article will discuss the key factors that an investor needs to keep in mind when investing in real estate. We will cover the most important aspects such as: What is the real estate property price in Delhi and what are the property prices in Delhi? Several differences between the property growth in Delhi vs Gurgaon property prices   impact the cost of life for the residents of the two cities. Here are some of them: Gurgaon vs. Delhi: Consumer Price Gurgaon has
Read more

Signature Golf Greens 79 | Office Space in Sector 79 Gurgaon

Image
  Signature Golf Greens 79 . Perfectly constructed offices and retail stores are available at Signature Global’s Retail Hub.  Office space in Sector-79, Gurgaon , they offer you a new era of work culture, built by fusing the strengths of well-grounded experience with the dynamic demands of the modern times. With all the contemporary conveniences, the property is spacious and offers ample space for living. Location Advantages surrounded by the foothills of the Ravalli Mountains. Connectivity from NH8, Southern Peripheral Road, Dwarka Expressway, and KMP Expressway is simple and seamless. IGI Airport is thirty minutes away. 28 kilometers away from the airport (IGI). Adjacent to an expansive commercial complex (Sector-74A & 75A, Gurugram). Nearby are educational establishments such as L. S. Convent School, Navyug Little Pride, UCSKM Public School, Ryan International School, The Plenum School, Jai Bharti Sr. Secondary School, Matri Kiran, and others. In close proximity are hospitals su
Read more