Tata Power Share Price Target 2024

Tata Power Company (TPREL) is a global energy company that operates in the power sector, including generation, transmission and distribution. It has over 100 years of experience in this industry and serves over 12.5 million customers in India. TPTL is part of the 'Tata Group', which includes 'Tata Power' in India, 'Tata Power Share Price target Energy' in South Africa, 'Tata Energy' in Zambia, and 'Tata Energy Energy' in Mauritius, and is headquartered in Mumbai. TPTL's share price has been trending positively over the past five years, and it is expected to continue doing so in the near future. This article will discuss the factors that will influence the future of the TPTL share price.

In the latest news, TPTL has deployed a 1040 kW Bifacial solar system in West Bengal, which captures solar energy from both sides of the panels, increasing the power output by 12% to 25%.

Tata Power Share Price Target (2024)

Month (2024)	Maximum Target	MinimumTarget
January	Rs 375.22	Rs 288.63
February	Rs 394.96	Rs 303.82
March	Rs 414.71	Rs 319.01
April	Rs 370.28	Rs 284.83
May	Rs 336.62	Rs 258.94
June	Rs 370.28	Rs 284.83
July	Rs 352.65	Rs 271.27
August	Rs 367.34	Rs 282.57
September	Rs 385.71	Rs 296.70
October	Rs 408.85	Rs 314.50
November	Rs 437.47	Rs 336.52
December	Rs 446.22	Rs 343.25

((Financerule.com) Expert Advice is recommended before making any investment-related commitment)

Tata Power Share Price Target (2025)

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

((Financerule.com) Expert Advice is recommended before making any investment-related commitment)

Tata Power Share Price Target (2026 to 2030)

Year	Maximum target	Minimum Target
2026	Rs 612.35	Rs 318.65
2027	Rs 765.50	Rs 485.85
2028	Rs 877.90	Rs 534.53
2029	Rs 902.85	Rs 687.18
2030	Rs 1013.72	Rs 802.56

((Financerule.com) Expert Advice is recommended before making any investment-related commitment)

TATAPOWER 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%
Total Assets	1.28 Trillion INR	⬆ 13.70% YOY
Total Liabilities	929.10 Billion INR	⬆ 7.76% YOY
Total Equity	354.39 Billion INR
Return on assets	2.38%
Return on Capital	3.43%
P/E Ratio	34.19
Dividend Yield	0.52%

Points to consider before investing in Tata Power Share Stock

Tata Power has been paying dividends to its shareholders consistently for many years. Since 2012, the dividend has been in the range of Rs.25 to Rs.2.00 per share.

Tata Power Share price prediction is well-positioned to take advantage of the upcoming surge in electric vehicles through its EV Charging Infrastructure. In the next decade, Tata Power will aim to become the market leader in the Indian EV Charging Infrastructure by providing such infrastructure to other EV car manufacturers.

In order to become India’s leading renewable energy player, Tata Power will look to expand its green energy portfolio by installing 1 lakh EV charging points across the country.

In addition, Tata Power has installed over 85 thousand solar water pumps across the country and plans to add another 2.5 thousand pumps by 2028, which has the potential to increase the company’s solar power generation capacity by 1000 MW and generate revenue of Rs. 2,000 crore per year.

By 2027, the company is expected to exponentially increase its solar capacity to 2,400 GW per year, resulting in a revenue of Rs. 10,000 crore.

Conclusion

The Tata Power Share Price has been on a positive growth trajectory for the past three years. Its stock has witnessed a growth percentage of 434.62% between 1 Feb 2019 to 29th Jan 2024. In the year 2023, Tata Power's Share Price went up by 87.06% and 61.49% since August (2023). Further, the powerful brand name and upcoming renewable energy projects by the company in the country will bolster the TATA POWER NSE stock performance. Experts such as ICICIDirect and Antique Stock Broking have shared a positive outlook for the future of Tata Power Share. However, India Property Dekho will always recommend an investor to conduct a thorough analysis of different market scenarios & vulnerabilities before investing. Stock Market is a highly volatile market and depends upon a lot of variable factors.

FAQs

What is the Tata Power Share Price Target in 2024?
Tata Power's Share Price in 2024 is between Rs 446.22 and Rs 284.83.
What is the Tata Power Share Price Target in 2025?
Tata Power's Share Price in 2024 is between Rs 567.86 and Rs 290.75.
What is the Tata Power Share Price Target in 2026?
Tata Power's Share Price in 2024 is between Rs 612.35 and Rs 318.83.
What is the Tata Power Share Price Target in 2030?
Tata Power's Share Price in 2024 is between Rs 1013.72 and Rs 802.56.
Will NSE Tata Power reach Rs 5000 per share by 2030?
It is very unlikely that Tata's Share Price will reach Rs 5000 in 2030.
Is Tata Power buy or Sell?
Tata Power TTM P/E ratio is 23.50, much higher than the sector P/E of 13.53 and its stock has been rated for strong buy and buy by 5 & 2 analysts, respectively.