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Tata Power Share Price Target for 2024, 2025, 2030, and 2040

Tata Power Share Price Target for 2024, 2025, 2030, and 2040

This post is about the price target for Tata Power’s shares in the upcoming years. In this article, we will analyse the estimated stock price of the company so that you can make better decisions about investing in this company. Before we dive into Tata Power share price predictions, let’s first understand the company background, financials, technical fundamentals, etc.

About Tata Power Company Ltd.

Tata Power is India’s largest integrated power company, present across the entire power value chain of conventional and renewable energy, power services, and next-generation customer solutions, including solar rooftop and EV charging stations. With numerous firsts to its name, including the establishment of one of India’s first hydroelectric power facilities in 1915, Tata Power has been at the forefront of technological adoption in the utility business. If you want to learn more about Tata Power, visit their website at www.tatapower.com.

It is the only firm in India with a power generation capacity of 10,577 MW, which makes it the largest electricity company in the nation. 30% of Tata Power’s 12772 MW of generation capacity—which includes all of its subsidiaries and joint ventures—is derived from clean and environmentally friendly sources. They want to use its ecological activities to influence the future. Tata Power continually provides green technologies for the savvy customer, from energy-saving power services to making India EV-ready with multi-city EV charging stations and being India’s #1 rooftop solar provider.

Key Metrics

Market Cap ₹ 65,552.39 Crore
Sectoral Market Cap Rank6
PE Ratio (x)21.41
Price to Book Ratio (x)2.50
EPS – TTM ₹ 9.58
Stock – 52 Week High & Low ₹ 298.05 / ₹ 190.00

Highlights of the Tata Power Company Limited share price forecast are shown in the table below.

YearFirst TargetSecond Target
2023₹ 250₹ 265
2024₹ 320₹ 345
2025₹ 400₹ 420
2026₹ 470₹ 500
2027₹ 545₹ 570
2028₹ 680₹ 700
2030₹ 950₹ 1000
2040₹ 2,500₹ 2,700

Important Note: These price targets of “Tata Power Company Limited ” are only for reference purpose only, short-term and long-term Tata Power Co. Ltd stock price predictions may be different due to the different analysed time series. This prediction is only if there are positive market sentiments, and any uncertainties in the company or global market condition is not covered in this analysis. 

Tata Power Share Price Target for 2023

Tata Power’s business has diversified into the power generation, transmission, and distribution sectors. Tata Power is focused on becoming a consumer-oriented and renewable-based company. Like previous years, the company has had good financial results this year as well. Talking about the target price this year, Tata Power’s price has been predicted by all the brokerage houses. This share can reach up to ₹ 265 by the end of this year.

YearFirst TargetSecond Target
2023₹ 250₹ 265

Tata Power Share Price Target for 2024

The solar business has a lot of opportunities. Tata Power achieved its highest-ever quarterly revenue in its rooftop solar business in the previous financial year. The company is working on a strategy to expand this business. If we discuss the share price target in 2024, the first target would be ₹ 320, and another target would be ₹ 345.

YearFirst TargetSecond Target
2024₹ 320₹ 345

Tata Power Share Price Target for 2025

Tata Power is also working on its EV business. The company EZ Charge has cumulatively installed 13,000+ home chargers and 2,200+ EV charging points. And with that number expected to increase by 1/3 by the end of the year, the company’s stock has a big upside opportunity this year. Through this year, the estimated price reached ₹ 420.

YearFirst TargetSecond Target
2025₹ 400₹ 420

Tata Power Share Price Target for 2026

The stock price in 2026 has good growth potential. As energy prices increase around the world, the company working in this sector has a good time to maximise its profit. If the economy, in an exceptional circumstance, maintains stability and does not move high or low, the shares will stabilise at ₹ 500 by this year.

YearFirst TargetSecond Target
2026₹ 470₹ 500

Tata Power Share Price Target for 2027

The growth trend of Tata Power is expected to continue in the coming years. As the demand for electricity continues to increase day by day, the sales figures of power generation companies also increase. This effect is also reflected in the predicted share prices, which are continuously increasing and may be one of the best investment options in 2027 as well.

YearFirst TargetSecond Target
2027₹ 545₹ 570

Tata Power Share Price Target for 2028

If you are planning to invest in Tata Power for a long term of about 5 to 7 years, then this may be a good decision. Companies working in the power sector have always had growth opportunities because demand for energy is always available and, over time, this demand is increasing. With our specialists’ prediction, the share price of Tata Power will reach ₹ 700.

YearFirst TargetSecond Target
2028₹ 680₹ 700

Tata Power Share Price Target for 2030

The year 2030 is a remarkable year for the economy and the world. At that time, a large part of the world’s population will switch from conventional energy sources to renewable energy. This global change offers a huge opportunity for energy companies to lead the decarbonization agenda through large-scale renewable energy installations packaged with solar and wind and the deployment of novel technologies. 

Till that time, if we talk about the Tata Power share price, if there is no uncertainty and the economy performs well, then it will be ₹ 950 to ₹ 1,000 as per our prediction.

YearFirst TargetSecond Target
2030₹ 950₹ 1,000

Tata Power Share Price Target for 2040

Tata Power is transforming into the ‘Utility of the Future’, standing on the four pillars of addressing key issues and achieving financial fitness, providing large-scale development, being a sustainability benchmark, and creating shareholder value. The company’s strategic priorities, governance agenda, and overall approach to the business are aligned to make this a reality. The mainstreaming of EVs is paving the way for new energy storage systems and microgrids, as well as new opportunities in the public utilities sector. At Tata Power, we believe that access to energy has the potential to create a huge socio-economic impact in the country. With our expert predictions, the target price of the share will be ₹ 2,700 by that year.

YearFirst TargetSecond Target
2040₹ 2,500₹ 2,700

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Recommendations: Buy or sell Tata Power stock?

As per analysis, it implies that there will be a positive trend in the future and that the Tata Power Co Ltd shares might be good for investing to make money. Since this share has a positive outlook, we recommend including it in your portfolio.

FAQ

The current PE ratio (price-earnings ratio) of Tata Power Company is 21.14.

Tata Power Company share price saw a 52-week high of 295.05 and a 52-week low of 190.

The first target of Tata Power Company's share price can be at or below ₹ 320 and the second one is at or below ₹ 345 in 2024.

The first target for Tata Power Company's share price in the next five years is ₹ 680, and the second target is ₹ 700.

In the next 7 years, the first target for Tata Power Company's share price can be ₹ 950, and the second is ₹ 1,000.

Tata Power Company shares can go up to ₹ 2,700 by the year 2040.

As per analysis, it implies that there will be a positive trend in the future and that the Tata Power Co Ltd shares might be good for investing to make money.

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