Tata Power Share Price Target 2023, 2024, 2025, 2026, 2027, 2028, 2029, 2030 & 2035

Last updated on February 3rd, 2024 at 03:40 pm

Hello friends, today I will tell you about Tata Power Share Price Target 2023, 2024, 2025, 2026, 2027, 2028, 2029, 2030 & 2035 in this article. We will also discuss about the possibility of business expansion and the impact of this company’s growth on its share price. We will also discuss about the possibility of Tata Power Share Price Target in upcoming years.

Tata Power Share Price Target

Tata Power is also one of the company of Tata Group and from previous 100 years it is doing business in electricity. It majorly works in production, transmission and distribution of electricity. Tata Power is the biggest unified power company in India. The main objective of Tata Power for next 15-20 years is to produce electricity completely from Renewable Energy sources. And the company is working consistently to produce electricity from renewable energy.

Beside this, Tata Power company is also working towards developing the infrastructure of Electric Vehicle(EV) and Solar Roof Charging Station.

Tata Power Share Price Target 2023

There wasn’t any special thing about the business of Tata Power but after the decision of producing electricity completely from Renewable sources, its business became alive and interesting from a investor’s point of view. And, investors who are aware of the future that in future renewable energy would be there are investing in this particular stock for a long term.

In short term, we can surely see some un stability in Tata Power stock but in future or from a long term view, we can definitely see this business and its stock soaring high. And, the Tata Power Share Price Target 2023 for the year 2023, we can see its first target would be probably at ₹234 and its second target could be at ₹252.

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Tata Power Share Price Target 2024

After making a decision to produce clean energy through renewable sources, company is also expanding its business rapidly. The capacity to produce electricity of Tata Power plant is presently 14000 Mega Watts. Out of which, 63% of electricity is produced through their Thermal Plant, 21% of electricity from Solar Plant, 7% from Wind plant, 6% from Hydro Plant and the remaining 3% of electricity is produced from West-Heat Recovery method.

Tata Power is moving steadily to Clean Energy Segment for which it is focusing on increasing its production capacity and this company is also investing continuously in its business expansion. The revenue of Tata Power generated through Clean Energy is also increasing and in upcoming years, we can surely see this company expanding.

Keeping in mind, the increasing revenue of Tata Power through Clean Energy, we can say that the first Tata Power Share Price Target 2024 for year 2024 would be around ₹280 and its second target would be around ₹315.

Tata Power Share Price Target 2025

Tata Power company has made big plans and also working towards them. Till 2025, we can surely see this company to achieve and complete these plans and do its business expansion. Currently, the capacity of Tata Power company for Renewable and Green energy is around 35-37% and the company is working consistently to increase its capacity to 60% till 2025.

For which, company is getting and working on new projects to achieve its target. And all this will be a very good positive sign for its revenue and share price.

Now, if we see the first target for Tata Power Share Price Target 2025 for the year 2025 would be around ₹336 and its second target would probably be around ₹381.

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Tata Power Share Price Target 2026

Tata Power is working and focusing towards the production and development of Electric Vehicle(EV) Charging Stations Infrastructure from a long time almost since its early stage. As a result, the EV Infrastructure of Tata Power has already been spread over more than 450 cities of India and it also became the largest EV Infrastructure Solution Provider in India.

Tata Power is working to install around 10000 Charging points. Out of which, around 3600 public and semi-public charging points has been installed already. It also installed 23500+ Residential Chargers and currently it has many orders in pipeline also.

Right now, the company is busy expanding and growing its business infrastructure. With the growth of its EV Charging Infrastructure, the share price of this company is also getting strong. And talking about the Tata Power Share Price Target 2026 for the year 2026, the first target of this company would be around ₹405 and the second target could be probably around ₹441.

Tata Power Share Price Target 2027

Tata Power Company also manufactures Solar Roofs and Solar Water Pumps. Till now, the company has provided this service to more than 3500 people whose yearly capacity is around 1000 MegaWatts. And from which the company generates an annual revenue of about ₹2000 Crores. And the company is currently working towards increasing its capacity to 2.4+ GigaWatts, from which the company would generate an annual revenue of more than ₹10,000 Crores.

Keeping its increasing annual revenue in mind, the first target of Tata Power Share Price Target 2027 for the year 2027 would be around ₹480 and its second target could be possibly around ₹504.

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Tata Power Share Price Target 2028

If we talk about the Tata Power company’s business of Solar Water Pumps, then, it is also increasing and till now it has installed more than 85000 Solar Water Pumps which company is working to increase it to 2.5 lakhs+ pumps till 2027-2028, From which the company will generate a yearly revenue of about ₹5000 Crores.

As well as, company has also announced to increase its Charging Points to 25000+ till 2027-2028. The company has also set a target to increase its capacity of Solar and Wind Energy to mpre than 20 GigaWatts.

With Tata Power’s increasing business, the first target of Tata Power Share Price Target 2028 for the year 2028 would be around ₹531 and its second target could be possibly around ₹561.

Tata Power Share Price Target 2029

Keeping in mind all the business expansion and growth of Tata Power Company mentioned above in this article. If we talk about Tata Power Share Price Target 2029 for the year 2029, then, its first target would be probably around ₹603 and its second target could be possibly around ₹640.

Tata Power Share Price Target 2030

Tata Power’s Management is consistently working and investing money to increase its Renewable Energy. Right now, the company is just focusing to produce more and more Renewable Energy. And Tata power company has set a target to increase its production of Clean and Green Energy to 80% till 2030.

As well as, company is also working on a Storage based Intelligent Energy Management Platform to assure its supply of Energy would be 24×7. And, the company would distribute its 50% energy through its Intelligent Energy Management Platform after developing it till 2030.

Now, talking about the Tata Power Share Price Target 2030, the first target of Tata Power for the year 2030 would be around ₹693 and its second target would be probably around ₹720.

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Tata Power Share Price Target 2035

The business of Tata Power company would become comprehensive till 2035 and in the next 5 to 10 years it will make its portfolio of Green Energy to 100 percent. Beside this, company would also install more than 1 lakh EV Charging Points and will become the largest Infrastructure of EV Charging Points.

The management of Tata Power Company is also very good and the ecosystem of Tata Group is also making this company big and because of that the company is growing consistently in market. Now, talking about the Tata Power Share Price 2035, the first target for the year 2035 would be seen around ₹900 and its second target would be probably around ₹1000.

Tata Power Share Price Target 2023, 2024, 2025, 2026, 2027, 2028, 2029, 2030 & 2035 List

YearShare Price Target
2023₹234 – ₹252
2024₹280 – ₹315
2025₹336 – ₹381
2026₹405 – ₹441
2027₹480 – ₹504
2028₹531 – ₹561
2029₹603 – ₹640
2030₹693 – ₹720
2035₹900 – ₹1000

Conclusion

Every good investor and thinker knows that the future is of Electric Vehicle and Renewable Energy. And the companies working in these sectors will definitely grow in future and will also give Multibagger returns to its long-term investors. If we talk about the Tata Power Company, then, this company is the oldest company working in Power Sector and its has a experience of more than 100 years working under this sector.

The company has also developed the biggest and the largest Electric Vehicle Charging Stations Infrastructure of India. And, the company will get a lot of benefit from this. If we see from a long term view, then, this company will surely show a good growth in its business and share price. If you are a long term investor then, you can definitely invest in Tata Power stock but Long term investing means if you invest in a stock with a 10 year view not for 1 or 2 years.

And to invest in Tata Power Company’s stock you should have a minimum view of about 10 years or more than that because it will take atleast a minimum time of 10-15 years to completely adopt Electric Vehicles and to completely replace Natural and Fossil Energy with Renewable Energy.

And in the end, I would like to say one thing that all the above mentioned targets of the Tata Power Company only depends on the performance and the business management of the company in upcoming years. So, please ask your Financial Advisor before investing in this or any company’s stock as stock market investments are very risky.

FAQs

Is Tata Power Stock good for investment?

Yes, Tata Power stock is a really good company to invest in but for a long term perspective as you can see a lot of fluctuations in share prices if you invest with a short term view.

What is Tata Power Share Price Target for year 2025?

the first target for Tata Power Share Price Target 2025 for the year 2025 would be around ₹336 and its second target would probably be around ₹381.

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