Before entering the stock market, it is very important for you to have complete knowledge of this field. Because half incomplete information can prove fatal for you, so today I am going to share with you through this post TATA power share price target 2022, 2023, 2024, 2025, 2026, 2027, 2028, 2029, 2030.
If you are interested in buying shares of Tata Power Company Limited, then you must have complete information related to it, because before buying shares, it is important for us to know whether it will give us profit or sink us in future.
|Compony Name||Tata Power Company Limited|
|Market Cap||744.67B INR|
|Service||Electrical power & Natural gas Services Electricity generation and distribution, natural gas exploration, production, transportation and distribution|
|Parent Company||TATA Group|
Tata Power Company is an Indian electric utility company based in Mumbai, Maharashtra. Which is part of the Tata Group, its main business is to generate, transmit and distribute electricity. It is the largest integrated power company in India with an installed power generation capacity of 10577 MW.
Tata Power has been ranked third in the 2017 Responsible Business Ranking (developed by IIM Udaipur). And in 2017 itself, Tata Power has become the first Indian company to ship models more than 1 GW.
The company also operates a 1,211 ckt.km (circuit kilometer) transmission network in the suburbs of Mumbai, along with power generation and distribution.
Tata Power started with India’s first massive hydro-electric project in 1915 at Khopoli, Maharashtra and was founded by the late Shri Jamsetji N. Tata’s vision showed it the way forward.
All India Presence
The profit of Tata Power Company Limited has increased by 38% to 308.56 billion for the nine months ended 31 December 2021. Net income before exceptional items increased 79% to RS12.38B. The company’s revenues rose 75% to 203.66 billion reflecting the mode of transmission and distribution segment. 53% growth in Renewables segment to RS49.04b. Net income benefited from equity gains – increased from RS5.25B to RS16.47B (earnings) before tax.
The business of any company grows more only when the company is doing good work within and outside the country, the company is selling more products and adding new customers with itself. If you want to invest in the stock market, then Tata Power will be a very good option for you, because in the past years it has been seen that the company has given benefits to many people. Due to which the company’s stock has also seen an increase. If seen in future, people will like to associate with Tata Power and people will buy its shares.
1 year ago today, in June 2021, the company’s shares were around Rs 120-125. At the same time, there has been a lot of jump in the share in June 2022, today the share price of this company is around 225-230 Rs.
That is, if you had invested in Tata Power itself last year, then you could have got a sure profit of 86.44%.
Now let’s talk about Tata Power’s first target price of 2022, then we can get to see its first target of ₹ 375. The company’s second target price is likely to see ₹ 480.
The company’s market cap total is 742.92B INR and the company’s net income is ₹ 1,127 crore which is a huge number, in 2023 many people would like to invest in this company by giving it growth, due to which the share price will also increase.
According to the analysis done by us in 2023, the company’s first target is likely to be seen at ₹ 650. On the other hand, the second target can be around ₹ 770.
While Tata Power’s business is strong, as demand for electricity continues to grow, it may also face challenges for power generation, including the current high prices of primary energy such as coal and natural gas.
Whether Tata Power stock is the above investment for you, it all depends on your objective. Remember it is very important to reach your own conclusions about the likelihood of achieving the stock and analyst goals .
Although it is not easy to make predictions in the long run, but looking at the growth of the company, the company is targeting 3 times profit in 2025, which the company is also trying to make. If you buy shares of the company now and hold it till 2025, then the first target of the company will be ₹ 390 per share. Whereas the second target rs.450 can be seen.
If seen in today’s market, people are now using more petrol and diesel powered vehicles. But by 2030, we can get to see electric vehicles everywhere in the market, from which it can be estimated that the company will benefit a lot because the main objective of the company is working in that direction.
In 2030, the first target of the company’s stock may be ₹ 900, while the second target will be seen around 1100 a hundred. Yet there are many factors at play and predictions can be wrong. Always conduct your own due diligence.
|Ex-Dividend Date||Dividend||EPS Payout Ratio||Type||Payment Date||Yield|
|Jun 15, 2022||1.75||88%||Annual||Aug 06, 2022||0.75%|
|Jun 17, 2021||1.55||113%||Annual||Aug 04, 2021||1.23%|
|Jul 14, 2020||1.55||103%||Annual||Aug 29, 2020||3.12%|
|Jun 04, 2019||1.3||144%||Annual||Jul 18, 2019||1.90%|
|Jul 12, 2018||1.3||130%||Annual||Aug 26, 2018||1.80%|
|Aug 10, 2017||1.3||93%||Annual||Sep 22, 2017||1.67%|
|Sep 07, 2016||1.3||115%||Annual||Oct 21, 2016||1.66%|
|Jul 20, 2015||1.3||167%||Annual||Sep 04, 2015||1.71%|
|Jul 23, 2014||1.25||Annual||Sep 12, 2014||1.20%|
|Jul 26, 2013||1.15||Annual||Sep 15, 2013||1.24%|
|Jul 24, 2012||1.25||Annual||Sep 16, 2012||1.24%|
|Aug 02, 2011||12.5||Annual||Aug 26, 2011||0.93%|
|Aug 16, 2010||12||Annual||Sep 13, 2010||0.87%|
|Jul 14, 2009||11.5||Annual||Aug 10, 2009||1.06%|
|Aug 18, 2008||10.5||Annual||Sep 12, 2008||0.98%|
|Jul 17, 2007||9.5||Annual||Aug 10, 2007||1.32%|
|Jul 07, 2006||8.5||Annual||Aug 04, 2006||1.71%|
|Jul 12, 2005||7.5||Annual||—||1.82%|
|Jun 08, 2004||7||Annual||Jun 30, 2004||2.83%|
|Jul 04, 2003||6.5||Annual||Aug 06, 2003||3.79%|
|May 29, 2002||5||Annual||Jun 12, 2002||4.07%|
|Mar 08, 2002||5||Interim Payment||—||7.85%|
|Jul 09, 2001||5||Annual||Sep 09, 2001||3.47%|
Shares of Tata Power is one of the multibagger stocks in 2022, which are increasing year after year, the price of one share in 2021 was ₹110, which has increased to the level of ₹230 in 2022, in which about 110% -120% increase.
Although only an expert can give the right opinion in this matter, if you want to invest in Tata Power for a long time, the chances of getting good retention are very high because in the last few years this company has benefited a lot of people.
Conclusion: I hope guys you would like this article TATA Power Share Price Target 2022, 2023, 2025, 2030 We have shared the post only after deep research. But before buying a stocks, it is very important for you to have complete information about the company, such as how much profit has been made by the company in the last years, how many people have invested so much and how many people have been added by the company etc.