Tata Motors Share Price Target Projection for 2024 to 2030 This article discusses the anticipated future share price of Tata Motors, considering the current price of ₹919.20. Detailed insights into Tata Motors’ price target will be provided.
Tata Motors Share Price Target
Abhishek Gaoshinde, Deputy Vice President – Research at Sharekhan by BNP Paribas, is optimistic about Tata Motors. Separating the CV and PV businesses is expected to boost growth opportunities. The CV sector focuses on enhancing retail sales with value-added products for sustained profitability. In the PV business, strategic product launches aim to reduce losses in the electric vehicle segment. Tata Motors Limited plans to achieve a net cash positive status for Jaguar Land Rover by 2025. Considering these developments, uphold a Buy rating on TML, setting a price target of Rs 1,188.
WhatsApp Channel Join Button
Disclaimer: This is an AI-generated live blog and has not been edited by browvopetshop staff.
Tata Motors Share Price Target
Tata Motors, an automobile manufacturer, was founded in 1945 under the name Tata Engineering and Locomotive Company Limited as part of Tata Sons Limited, the leading company of the Tata Group. Subsequently, Tata Motors experienced significant growth, evolving into a major corporation. The projected share prices for Tata Motors are as follows: 2023 ₹1059.02, 2024 ₹1059.02, 2025 ₹1096.50, 2026 ₹1144.50, 2027 ₹1171.50, 2028 ₹1316.50, and reaching ₹1721.50 by 2030.
Tata Motors Company Details
Tata Motors has become the world’s auto manufacturing brand. Tata Motors was founded in India on 1 September 1945. Tata Motors has made products like cars, sports vehicles, trucks, buses and defense vehicles in its portfolio. Tata Motors also gets a lot of support from the government because Tata Motors also uses its technology for defense. Tata is working in places like UK, South Korea, Africa, China, Brazil, Australia along with India.
If we talk about Tata Motors, its market cap is up to ₹3,43,662 Cr and its P/E ratio is 9.93 and its industry P/E is 23.44. If we look at its Debt to Equity ratio, it has decreased from 2.38 to 1.26 and ROE has increased from 28.58% to 36.98. Last year its net worth was ₹52,600 crores which has increased to ₹93,094 crores this year. Whenever we look at fundamentals, we definitely look at the company’s performance in the past years. Promoters hold 46.36% stake in Tata Motors. Foreign institutions hold 19.20%, retail 18.36%, mutual funds 9.5% and other domestic institutions hold up to 6.58%.
Tata Motors is expected to reach share prices of ₹1059.02 in 2023, ₹1059.02 in 2024, ₹1096.50 in 2025, ₹1144.50 in 2026, ₹1171.50 in 2027, ₹1316.50 in 2028, and ₹1721.50 by 2030.
Tata Motors unveiled its inaugural vehicle in 1954, subsequently diversifying its offerings to include a range of trucks, buses, and supercars. The company’s product portfolio has expanded over the years with the introduction of new vehicle models, leading to continued growth. Anticipated future developments suggest a significant surge in both the growth trajectory and demand for Tata Motors, a renowned company in the country, resulting in an upsurge in its stock value. The projected share price target for Tata Motors in 2024 is ₹1059.02, reflecting the company’s aspirations for sustained expansion.
Tata Motors ventured into the passenger car segment in 1991 by introducing the Tata Sierra. Following this, they launched other models such as Tata Sumo and Tata Indica. Subsequently, Tata introduced several popular and successful passenger cars, leading to a continuous growth in their market presence and an increase in their stock value. Tata Motors Share Price Target ₹1096.50 in 2025 Tata Motors Share Price Target ₹1096.50 in 2025 for further growth.
In 2004, Tata Motors significantly expanded its global presence through the acquisition of companies like British automaker Jaguar Land Rover from Ford Motor Company, leading to a rise in opposition against the company. Tata Motors is aiming for a share price target of ₹1144.50 in 2026 to drive future growth.
Tata Motors gained popularity for manufacturing the Tata Nano car, which was previously recognized as the world’s most affordable car. Despite facing market challenges, the Tata Nano was eventually discontinued. Tata Motors’ share price target is set at ₹1171.50 by 2027 to foster additional growth.
Tata Motors Share Price Target ₹1591.50 in 2029 Tata Motors Share Price Target ₹1591.50 in 2029 for further growth.
Tata Motors Share Price Target 2029
₹1591.50
Tata Motors Share Price Target 2030
Tata Motors has expanded its focus to include the development of electric vehicles. The company is now producing electric vehicle models such as Tata Tagore and Tata Nexon, leading to significant growth. As a result, the company’s shares have been consistently rising, reaching high prices. The target for Tata Motors’ share price is set at ₹1721.50 for 2030 to drive further growth.
