Tata Steel Share Price Target 2023 2024 2025 2030

Tata Steel Share Price Target 2022 Tata Steel Share Price Target 2023 Tata Steel Share Price Target 2024 Tata Steel Share Price Target 2025 Tata Steel Share Price Target 2030

Tata Steel Share Price


Located in Mumbai, India, Tata Steel is a multi-national steel-making company that
belongs to the Tata Group. The company offers a wide range of products and
services to its clients. Some of the company’s products and services include steel,
refractories, aluminum, copper, and cement. In addition, the company has signed a
joint venture agreement with Riversdale Mining for a coal project in Mozambique.
History
Founded by Jamsetji Nusserwanji Tata in 1907, Tata Steel is one of the largest steel
companies in the world. It has operations in 26 countries and employs more than
100,000 people.
Tata Steel has been around for a long time and has had a fair share of ups and
downs. Its stock price has also gone through several cycles. However, it has been a
consistently strong investment that has given returns for years. The company is
currently in a strong position to develop.

Tata Steel Share Price Target

Tata Steel Share Price Target 2022

Tata Steel Share Price Target 2022

MonthExpected  Target
January109.9RS
February121.5RS
March131.6RS
April128.7RS
May105.5RS
June86.55RS
July110.01RS
August125.3RS
September133.4RS
October147.1RS
November155.3RS
December164.5RS


Tata Steel has a market cap of Rs 1,29,055 Cr. The company is listed on the NSE and
the BSE.
In the past year, the company has risen by 0.155k. The company’s market cap has
also gone up by a good bit. However, the stock has gone down by 45% from its
record high.
The company also has the distinction of winning three awards for its value
engineering at the INVEST 32nd National Conference. It also won the Engineering
Export Promotion Council National Award for outstanding export performance in
2000-2001.

Tata Steel Share Price Target 2023

Tata Steel Share Price Target 2023

Monthexpected  target
January158.9RS
February142.5RS
March160.6RS
April177.7RS
May185.5RS
June165.55RS
July197.01RS
August215.3RS
September222.4RS
October247.1RS
November255.3RS
December274.5RS


The company’s balance sheet has also drawn some attention. The company is
planning to float Tata Ryerson Ltd. The company has also signed an agreement to
supply processed steel directly to end users.
It has also entered into a Memorandum of Understanding with the Klesch Group. The
company has also signed a five-year contract to supply rail tracks to Safran Group.
The company also has a diversified portfolio of business units. Its products include
steel, related products, bearings, and Galvano. It also has operations in port, town
services, and pigments.

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UCO Bank Share Price Target 2023 2024 2025 2030

Tata Steel Share Price Target 2024

Tata Steel Share Price Target 2024

Monthexpected  target
January258.9RS
February242.5RS
March260.6RS
April277.7RS
May285.5RS
June265.55RS
July297.01RS
August215.3RS
September222.4RS
October247.1RS
November255.3RS
December274.5RS


The company has also entered into technical tie-ups with the German firm Lurgi
Metallurgie and Thyssen.
Production in India for the third quarter
decreased to 3.24 million tons from 3.28 million
tons in the last quarter of FY 2016-2017
During the quarter ended March 2017, Tata Steel’s production in India was 3.24
million tons, compared to 3.28 million tons in the final quarter of the fiscal year. This
was an increase of 10% from 2.68 million tons in the nine-month period. However,
the consolidated net profit of the company dropped by 87% from Rs 19 crore in the
July-September period to Rs 1,297 crore.
Tata Steel’s total revenue was Rs 59,878 crore in the quarter. This is a 1% decrease
compared to the total revenue in the previous nine-month period. The adjusted
EBITDA was Rs 5,817 crore in the quarter. It is a 67% decrease compared to the
adjusted EBITDA in the second fiscal year.

Tata Steel Share Price Target 2025

Tata Steel Share Price Target 2025

Monthexpected  target
January298.9RS
February342.5RS
March360.6RS
April377.7RS
May385.5RS
June415.55RS
July397.01RS
August435.3RS
September422.4RS
October447.1RS
November475.3RS
December495.5RS

tata steel balance sheet


Tata Steel’s consolidated net debt to EBITDA ratio was 1.37x. Tata Steel plans to
reduce its net debt to net equity ratio to zero by the end of fiscal year 2018.
Tata Steel reported a 2% increase in crude steel production in the second fiscal
year. This was due to higher deliveries. The company also reported an exceptional
loss of Rs 19 crore in the second fiscal year.
The company also reported lower deliveries in Europe due to subdued demand in
that region. Its Industrial Products & Projects segment and Branded Products &
Retail segment reported an increase in deliveries. However, deliveries in the
Automotive & Special Products segment were similar to the previous year.
Tata Steel also announced plans to commission a six-mega tonne Pellet plant at
Kalinganagar by the end of fiscal year. The company also plans to commission a
Cold Roll Mill complex in phases.

tata steel share price bse


Tata Steel is one of the biggest steel producers in the world. It has operations in 26
countries. It is a member of the World Economic Forum’s Global Parity Alliance. It is
a part of the DJSI Emerging Markets Index since 2012. It was included in the Fortune
500 list of the world’s largest corporations in 2012.
Joint venture agreement with Riversdale Mining
for Mozambique coal project
Managing Director of Tata Steel, Koushik Chatterjee, said, “We are very much
interested in working with Riversdale. We have signed a Joint Venture Agreement
and the feasibility study is still underway.” The agreement would allow Tata to
acquire a stake in Riversdale’s Benga coking coal project in Mozambique.

tata steel foundation 


Tata Steel will pay AUD 100 million for a 35 percent interest in the project. It will
receive 40% of the coking coal produced at the mine, which will be supplied to Tata
Steel Group facilities in Asia and Europe. Tata will also have the option to participate
above the minimum tonnage. The project is expected to produce 1.7 million tons of
high quality hard coking coal. The price will be linked to the API 4 Index, which is the
benchmark price for coal exported from South Africa’s Richards Bay Coal Terminal.
The project would also be able to produce 1.7 million tons of thermal coal, 300,000
tons of export thermal coal, and 300,000 tons of export coking coal. The project is
expected to be developed in three stages. As production ramps up, offtake tonnages
will increase. The long-term plans are to develop mines producing up to 20 million
tonnes of coal per year.

Tata Steel Future Projects


The project includes all associated infrastructure. The total mining cost estimates
are about $800 million. The project has 13 billion tons of coal reserves. A feasibility
study is expected to be completed in six months. The project is considered to have
the potential to be extracted by open cut methods.
The Benga project would be developed in three stages. The first stage would
produce 1.7 million tons of high quality hard coal, while the second and third stages
would produce 1.7 million and 2.4 million tons of export thermal coal.
Joint venture agreement with Tata Metaliks Ltd
and Corus UK Ltd and Sahaviriya Steel Industries
Public Company Ltd (SSI) signed an MOU
SSI UK Ltd and Corus UK Ltd have signed a memorandum of understanding (MoU)
involving a joint venture agreement between the two companies.

Tata Steel Share Price Target 2030

The deal, which is
expected to be finalised in early 2018, will give SSI UK the chance to expand its
production of steel slabs. It also includes plans to re-engineer existing pipeline
systems and increase its overall steel output.
In addition, Corus UK and SSI are also preparing to operate Redcar Wharf, a site in
Teesside, as a joint venture. This would enable Corus to use the site to serve other
steelmaking operations.

tata Steel World Wide Presence


While the MoU hasn’t been signed yet, Tata Steel and ThyssenKrupp have been
talking about a merger for two-and-a-half years. The companies will form a joint
venture, which Thyssenkrupp hopes to contribute to Steel Europe. The new entity
will have a value of 4.3 billion pounds.
The agreement also includes a 350 million pound revolving credit facility and a 1.35
billion pound mezzanine bridge loan. Tata Steel plans to deliver 25,000 tons of
profiled steel plate for wind towers between April and September 2012. In addition,
the two companies will jointly implement an expansion project at Jamshedpur Works.
The agreement will also feature the SSI UK project, which includes expansion plans
for its three existing ASUs, and the design of specialist control equipment for its
blast furnace. The project is scheduled to take two years to complete.
In addition, the two companies will also sign an agreement to trade shares of the
new company on a national or regional securities exchange. In addition, the
agreement will provide SSI UK with a license to expand its production of steel slabs
to its parent company in Thailand.


Tata Steel Subsidiaries


Founded in 1958, Tata Refractories is a subsidiary of Tata Steel, India’s largest steel
producer. The company manufactures a wide range of refractory materials and sells
them to the steel, cement, hydrocarbon and copper industries. It reported
consolidated turnover of Rs 905 crore in 2009-10.
Tata Refractories manufactures monolithics, basic refractories and high alumina silica specialities. It sells these products to the steel, cement, copper, zinc, glass and
hydrocarbon industries. The company reported earnings before interest, taxes,
depreciation and amortisation of Rs 101 crore in 2009-10.
In September 2015, Tata Refractories entered into a strategic partnership with
French industrial minerals producer Imerys. Imerys plans to invest $43 million to
expand its Indian manufacturing base.

It plans to increase production of calcium
aluminates to 50,000 mt per year from its existing plant at Vishakhapatnam.
Tata Refractories also produces dolomite refractories. These refractories are
densified with nano-zirconia and have improved thermal shock resistance and
slaking resistance. It also manufactures alumina-spinel refractories which have high
wear resistance and low specific material consumption.
Tata Refractories has a consolidated turnover of Rs 905 crore in 2009. It also
reported earnings before interest, taxes, depreciation, and amortisation of Rs 101
crore. The company sold a total of 82,200 tonnes of refractory materials in 2009-10.
It sells refractory products to the cement, copper, zinc, glass and hydrocarbon
industry.
Tata Refractories also manufactures monolithics, basic ramming masses, monolithic
refractory linings for steelmaking ladles and transfer ladles, alumina-spinel linings
and calcium aluminate refractories. It is also the only commercial producer of
dolomite refractories in India.
The company has been awarded the Greentech Environment Management Award,
2019 in Bengaluru. It has also been certified by the Great Place to Work Institute,
India

F&Q

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