Tata Power Company (TPREL) is a leading energy company in the power sector, providing electricity generation, transmission and distribution services to over 12.5 million customers across India. It has been in the energy sector for over 100 years and is part of India's largest conglomerate, 'Tata Group'. TPREL is based in Mumbai and operates in the renewable energy and green energy segments. In this article, we'll discuss the factors that will influence Tata Power's share price in the near future.
TPREL has recently completed 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%. This project is expected to contribute to the company's efforts to strengthen its position in the renewable energy industry in the coming years.
The company's share price has been trending positively over the past five years, and this trend is expected to continue.Tata Power Share Price Target 2024
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 |
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 |
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 |
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 in 2028 with 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 will be able to power up its solar capacity to 2,4+ GW/year and generate Rs. 10,000 crore in revenue.
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.
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