What is Tata Steel Share Price Target 2040? Fundamental and Technical analysis

Do you know that “Tata Steel” is setup in 1907 and this was Asia’s first integrated private steel company. This company is mainly into the business of Steel manufacturing. If we talk about products manufacturing by Tata Steel it’s list is vide range including hot rolled coils, cold rolles coils, galvanised steel and long products such as wire rods, rebar, ferro, alloys, tubes, bearing and wires. Tata steel is diversifying it’s products to reach widely. We are going to read a blog for Tata steel share price target 2040, this prices will be based on fundamental of the company and with help of machine learnings on the basis of past trends.

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Shareholding Pattern of Tata Steel

Promoters holding in the company is 33.19% increased over the period as compare from 2017. FII’s & DII’s holding approx. 43% also giving hope for good future returns in the stock.

Compound Sales and Profit Growth:

As you can see sales in last 3 years have grown but TTM is reduced which is 1st Quarter 2024-25 comparing with previous year. Further, as we already discussed company booked loss in FY 2023-24.

Tata steel Stock Price CAGR and ROE:

CAGR have increased in last 1 year 29%. Further ROE of last 3 years is good but for last year it was down.

Tata Steel Fundamental Analysis:

If we discuss about fundamentals of company we company ROCE and ROE are 7.02% and 6.55% lower as compare to industry. Further, Tata steel current ratio and Return to assets ratio are 0.71 & 2.55% also lower in the industry. Stock PE is high 116 as compare to average industry PE which is 18.8 far more then it’s competitors. Currently Tata steel share is trading at high PE hence we have seen downside of share from top high Rs.185 to CMP Rs.150.

Tata Steel Balance Sheet analysis:

If we discuss about financials of the company then first we are discussing about borrowings which have reduced as compare to 2020. In 2020 borrowings was Rs.116,328 crore and in 2024 it is Rs.87082 crore.
Company fixed assets are increased over the period that indicates company invested in enhancing the plant capacity which is a good sign for a company.

Tata Steel Profit and Loss Analysis:

If we talked about Profit and loss account of the company Tata steel it’s sales are growing YOY basis till 2023. However in 2024 sales reduced but not majorly reduced. This is also one of the reason for price dropped of the company. Further, another reason for price falling of the stock is loss booked by the company for FY 2023-24. However loss was in exceptional nature hence we need not to worry much about the loss as Exceptional nature of losses are in nature of non operating loss.

Tata Steel Technical analysis:

As you can see technical chat of the company in the month of July 2024 Stock prices was fallen upto Rs.85 where this share found a strong support. Currently stock trading at Rs.150 where also found a support. In the long run if company profit going up share price will definitely grow even fundamentally company looking wear in terms of ROE & ROCE.

Tata Steel Share Price Target 2040, 2030, 2025

Since share price prediction for 2025, 2030 and 2040 is very difficult since it will depend upon many factors but as per past records and fundamental with the help of machine learning we can find out as below:

Tata Steel Share Price Target 2024-2025

Tata Steel Share Price Target 2030

Tata Steel Share Price Target 2035

Tata Steel Share Price Target 2040

Also Read: IRFC share price target

Disclaimer:We are not registered with SEBI and not giving any tips or recommendation. This is only for knowledge purpose. Please advise with you financial advisor before taking any IPO or stocks.