Tata Power Share Price Target 2030

Akashbharti Seo
4 min readJan 30, 2024

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Tata Power Share Price target is a leading energy company in India, providing electricity generation, transmission and distribution services. It has over 100 years of experience in the energy sector and serves over 12 million customers across the country. It is part of India’s largest conglomerate, ‘Tata Group’, which also operates in other countries such as South Africa, Zimbabwe, Mauritius and Bhutan. Tata Power’s renewable energy segment is known as TPRL, and its share price has been trending positively over the last five years. This article will provide an overview of the factors that will influence the future of TPT’s share price.

In the latest news, TPRL has completed a 1040 kilowatt (kW) solar system in West Bengal, capturing 12–25% of the sun’s energy through the Bifacial module.

Tata Power Share Price Target (2024)

Month (2024)Maximum TargetMinimumTarget JanuaryRs 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

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

Tata Power Share Price Target (2025)

Month (2025)Maximum TargetMinimumTarget JanuaryRs 406.58Rs 312.75FebruaryRs 415.76Rs 358.97MarchRs 427.12Rs 365.95AprilRs 387.38Rs 328.63MayRs 397.82Rs 290.75JuneRs 427.38Rs 328.95JulyRs 452.77Rs 295.67AugustRs 478.05Rs 320.58SeptemberRs 491.95Rs 324.21OctoberRs 543.47Rs 364.42NovemberRs 560.65Rs 377.97DecemberRs 567.86Rs 382.75

Tata Power Share Price Target (2026 to 2030)

Year Maximum targetMinimum Target2026Rs 612.35Rs 318.652027Rs 765.50Rs 485.852028Rs 877.90Rs 534.532029Rs 902.85Rs 687.182030Rs 1013.72Rs 802.56

TATAPOWER Financials 2023

Revenue551.09 Billion INR⬆ 28.71% YOYOperating expense106.88 Billion INR⬆ 16.50% YOYNet Income33.36 Billion INR⬆ 91.59% YOYNet Profit Margin6.05 ⬆ 48.65% YOYEarnings Per Share8.07⬆ 88.20%EBITDA78.30 Billion INR⬆ 4.49%Effective Tax Rate30.19%

Total Assets1.28 Trillion INR⬆ 13.70% YOYTotal Liabilities929.10 Billion INR⬆ 7.76% YOYTotal Equity354.39 Billion INR Return on assets2.38% Return on Capital3.43% P/E Ratio34.19 Dividend Yield0.52%

Points to consider before investing in Tata Power Share Stock

Tata Power Share Price Target (2024)

Month (2024)Maximum TargetMinimumTarget JanuaryRs 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

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

Tata Power Share Price Target (2025)

Month (2025)Maximum TargetMinimumTarget JanuaryRs 406.58Rs 312.75FebruaryRs 415.76Rs 358.97MarchRs 427.12Rs 365.95AprilRs 387.38Rs 328.63MayRs 397.82Rs 290.75JuneRs 427.38Rs 328.95JulyRs 452.77Rs 295.67AugustRs 478.05Rs 320.58SeptemberRs 491.95Rs 324.21OctoberRs 543.47Rs 364.42NovemberRs 560.65Rs 377.97DecemberRs 567.86Rs 382.75

Tata Power Share Price Target (2026 to 2030)

Year Maximum targetMinimum Target2026Rs 612.35Rs 318.652027Rs 765.50Rs 485.852028Rs 877.90Rs 534.532029Rs 902.85Rs 687.182030Rs 1013.72Rs 802.56

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

TATAPOWER Financials 2023

Revenue551.09 Billion INR⬆ 28.71% YOYOperating expense106.88 Billion INR⬆ 16.50% YOYNet Income33.36 Billion INR⬆ 91.59% YOYNet Profit Margin6.05 ⬆ 48.65% YOYEarnings Per Share8.07⬆ 88.20%EBITDA78.30 Billion INR⬆ 4.49%Effective Tax Rate30.19%

Total Assets1.28 Trillion INR⬆ 13.70% YOYTotal Liabilities929.10 Billion INR⬆ 7.76% YOYTotal Equity354.39 Billion INR Return on assets2.38% Return on Capital3.43% P/E Ratio34.19 Dividend Yield0.52%

Points to consider before investing in Tata Power Share Stock

Tata Power Share Price 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 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 dominate the Indian demand for 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 by 2027.

By 2027, the company is expected to exponentially increase its solar power generation capacity to 2,4+ GW/year and generate revenues of Rs. 10,000 crore.

Conclusion

The Share Price of Tata Power 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.

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