Tata Power is one of the oldest major integrated power companies in India. The company is a leader in the Indian power market with a diversified portfolio of generation, transmission, and distribution assets. In this article, we will discuss Tata Power share price targets for 2023, 2025, 2030, 2035, 2040, and 2050. For a better understanding of the Tata Power share price, we will discuss the company’s financial performance, growth potential, and market trends. Stay tuned with us to understand Tata Power stock performance in the future correctly.
TATA Power Ltd. Overview
Tata Power Company Limited is an Indian electric utility company that is part of the Tata Group and is headquartered in Mumbai, Maharashtra. The company’s primary business is to generate, transfer, and distribute power. It is India’s largest integrated power company, with a total installed capacity of 10,577 MW. Tata Power was ranked third in IIM Udaipur’s 2017 Responsible Business Rankings. Tata Power became the first Indian company to ship more than 1 GW of solar modules in February 2017.
Tata Power has operations in India, Singapore, Indonesia, South Africa, and Bhutan, among other places. Tata Power Group operates in 35 locations in India. Trombay was home to India’s first 500 MW unit, Bhira’s first 150 MW pumped storage unit and Trombay’s first flue gas desulphurization plant for pollution management. It has a generation capacity in the states of Jharkhand and Karnataka, as well as a distribution company in Delhi that serves over one million customers distributed across 510 square kilometers in North Delhi.
Tata Power has a 51:49 joint venture with PowerGrid Corporation of India for the 1,200 km (750 mi) Tata transmission project, India’s first public-private partnership-financed transmission project. Tata Group-owned 32.47% of Tata Power as of November 15, 2017. Approximately 210,000 individual shareholders own approximately 14% of the company’s shares. With a 12.90% stake in the company, Life Insurance Corporation of India is the largest non-promoter shareholder.
Tata Power Financial Summary, Statistics
Also Read: Best Long-Term Stocks to Buy in India 2023
Tata Power Share Price Target 2023
In the last five fiscal years, Tata Power Company shares have returned more than 150%. The company’s stock is now trading at a higher P/E ratio than the market. The company is putting forth every effort to capitalize on the Electrical Vehicle (EV) Market. This company can grow in the coming years with the support of effective management.
According to our price forecast, the price of Tata Power Share in 2023 will be between ₹ 260 to ₹ 280.
|Year||Tata Power Share Price Target 2023|
|2023||₹ 260 to ₹ 280|
Tata Power Share Price Target 2024
In the last five years, the company has maintained effective average operating margins of 23.87%. This shows that the company has so much potential that its shares will perform well in the coming years.
According to our estimate, the price of Tata Power Share in 2024 will be between ₹ 330 to ₹ 350.
|Year||Tata Power Share Price Target 2024|
|2024||₹ 330 to ₹ 350|
Tata Power Share Price Target 2025
As per our research, Tata Power Share in 2025 will be between ₹ 400 to ₹ 440. The company has good cash flow management so we can expect If the company’s future quarterly results are favorable, these good targets will be met to a considerable extent.
|Year||Tata Power Share Price Target 2025|
|2025||₹ 400 to ₹ 440|
Tata Power Share Price Target 2030
Tata Power has set aside Rs 75,000 crore for green energy investments over the next five years. Tata Power’s clean and green portfolio now stands for 34% of total capacity. The company intends to increase this to 60% in the following five years and 80% by 2030. Tata Power is also well-positioned to benefit from India’s aggressive goal of increasing renewable energy generation to 500 GW by 2030.
According to our estimate, the price of Tata Power Share in 2030 will be between ₹ 830 to ₹ 880.
|Year||Tata Power Share Price Target 2030|
|2030||₹ 830 to ₹ 880|
Tata Power Share Price Target 2035
The company is constantly adding power stations in various locations and has already installed over 1000 charging stations, which it hopes to increase by 10 in the next 10 years.
Everyone is seen working to promote the country’s Renewable Energy sector, and at the same time, the Government of India has also made many plans for all the government and private companies associated with this sector to promote this sector rapidly. Tata Power seems to be investing more and more due to the support of the government.
According to our estimate, the price of Tata Power Share in 2035 will be between ₹ 1350 to ₹ 1420.
|Year||Tata Power Share Price Target 2035|
|2035||₹ 1250 to ₹ 1320|
Tata Power Share Price Target 2040
Future prospect of Tata Power looks strong due to their presence throughout the entire electricity value chain.
Keeping in mind the future of Tata Power, the management is also seen investing a good amount on many big projects related to Renewable Energy.
As per our research, Tata Power Share in 2040 will be between ₹ 1900 to ₹ 2050.
|Year||Tata Power Share Price Target 2040|
|2040||₹ 1900 to ₹ 2050|
Tata Power Share Price Target 2050
According to the future, in this growing market of the company power sector, Tata Power is seen making a stronghold through its Clean Energy segment. The way demand for power is increasing every year, Tata Power is increasing the production capacity of new medium power to meet the increasing demand, due to which the power sector company is in a strong position.
As per our research, Tata Power Share in 2059 will be between ₹ 3300 to ₹ 3500.
|Year||Tata Power Share Price Target 2050|
|2050||₹ 3300 to ₹ 3500|
Lastly, Tata Power’s share price is driven by a number of factors that can alter its performance. These may include the financial performance of the company, the state of the economy, and some rules coming in the power sector. It is very difficult to estimate the Tata Power share price for the coming years, but still, according to our research, we are giving you the target price above, which is only an estimate, not a guarantee. Before making any investment, you need to do proper research, understand the risk associated with it, and always take the help of a professional finance expert before making a decision.
Tata Power Share FAQs:
What is the future price of Tata Power?
As prediction the future price of Tata Power will be ₹ 260 to ₹ 280 in 2023, ₹ 330 to ₹ 350 in 2024, ₹ 400 to ₹ 440 in 2025, ₹ 830 to ₹ 880 in 2030, ₹ 1350 to ₹ 1420 in 2035, ₹ 1900 to ₹ 2050 in 2040, ₹ 3300 to ₹ 3500 in 2050
Is Tata Power giving dividends?
Dividends are not often paid by utility stocks, but Tata Power Company Ltd pays dividends to reward its shareholders.
What will be Tata Power share price in 2025?
As per our research, the price of Tata Power share will be between ₹ 400 to ₹ 440
Is Tata Power fundamentally strong?
The management is strong and focuses on better energy sources. This could lead to an increase in the company’s valuation multiples in the near future
Is Power Sector good to buy?
In India, the power sector is one of the most vital industries, and it is critical to the country’s economic progress. The sector, which employs over 2 million people, contributes for around 7% of India’s GDP. In future, this industry will grow definitely as the demand for power is increasing every year
Disclaimer:The information provided in this blog is for informational purposes only and should not be construed as financial advice. Before making any investment decisions, it is recommended that you seek advice from a professional financial advisor.