Tata Power Share Price Target 2024, 2025, 2027, 2030 – 2035 (Long Term)

Tata Power Share Price Target, NSE: TATAPOWER, BSE BOM: 500400, INE245A01021, Future Prediction, Prognosis, Forecast 2024, 2025, 2026, 2027, 2028, 2029, 2030, 2031, 2032, 2035

Tata Power, a Tata Group company, is engaged in the power business with more than 100 years of experience. It is the country’s largest integrated power company engaged in generating, transmitting, and distributing electricity. Tata Power aims to produce electricity entirely through renewable sources in the next 15 to 20 years, for which the company is continuously striving and working rapidly. The company is also working rapidly on the infrastructure of solar roofs and electric vehicle (EV) charging stations.

Below, in this post, you can check the stock prediction of Tata Power from the present time to the coming 10 to 15 years, which will give you some idea of what level the share price of Tata Power has the potential to reach in the coming years. A custom algorithm has been used for these price targets or predictions, which is based on deep learning and keeps changing based on price fluctuations, volume shifts, and market cycles.

Share Price Targets Last Updated on May 18, 2024 at 9:06:33 AM

Tata Power Share Price Target in the Next 1, 3, 5, 7, and 10 Years

The performance of Tata Power stock has been normal but ever since the government has focused on the energy sector, especially renewable energy, and has set a target of net zero carbon emissions by 2050, Along with this, the energy demand is also continuously increasing and the shares of Tata Power have also come to life. Its stock has increased by more than 500% in the last five years.

If we talk about the future stock price target for Tata Power, then it can increase to ₹573.41 in the coming 1 year. If we forecast the next 5 years according to the current scenario, then its value can increase to ₹872.46, and in the next 10 years, it can increase to ₹1,262.69.

Tata Power Share Price Target 2024, 2025, 2026, 2027, 2028, 2030, 2032, 2035

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Tata Power Share Price Target 2024

There was nothing special in Tata Power’s business, but ever since the company decided to produce electricity entirely through renewable sources, the company’s business has come to life again, and investors who know that the future is for renewable energy, are giving place to its stock in their portfolio. Even though there may be some instability in the company in the short term. But, in the long term the business and stock price of the company will go up, and by the end of 2024, the share price target of Tata Power can touch the level of ₹560.26.

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Tata Power Share Price Target 2025

After the decision to generate electricity through clean energy, the company is expanding its business at a rapid pace, and this is visible in its business. Tata Power currently has a power generation capacity of up to 14,000 MW, of which 63% is generated through thermal plants, the remaining 21% through solar plants, 7% through wind plants, 6% through hydro systems, and 3% is generated from waste-heat recovery systems.

The company is gradually moving towards its Clean Energy segment, for which the company is focusing a lot on increasing its production capacity and is continuously investing. The company’s clean energy revenue is also increasing, and the company may be seen expanding in the coming years.

Tata Power’s share price target could reach ₹632.44 by the end of 2025.

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Tata Power Share Price Target 2026

By 2025, the company can be seen working on many big plans, which the company can be seen planning from now on. At present, the company’s clean and green energy capacity is around 35-37%, which the company has set a target of increasing to 60% by 2025, for which the company is continuously acquiring many projects, which can undoubtedly help the company in meeting its targets, that can lead to significant growth in both the company’s revenue and share price.

If we look at the increase in the share price of Tata Power, it can reach ₹703.83 by the end of 2026.

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Tata Power Share Price Target 2027

Tata Power has been paying more attention to developing charging infrastructure for Electric Vehicles (EVs). As a result, Tata Power’s EV infrastructure has expanded to more than 450 cities across the country and the company has become the country’s largest EV infrastructure solution provider.

Tata Power aims to install 10000 charging points by 2025-26, out of which the company has already installed more than 3600 public and semi-public charging points. The company has also installed over 23,500 residential chargers and currently has many orders in the pipeline.

This means that the company is going to be very busy expanding and strengthening its infrastructure. With the company’s charging infrastructure becoming stronger, the company’s business and stock value are also getting stronger, and Tata Power’s Share Price can touch the value of ₹782.38 by 2027.

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Tata Power Share Price Target 2028

Tata Power Company also manufactures solar roofs and solar water pumps, and till now the company has provided its service to more than 3500 people, whose annual capacity is 1000 MW, which generates annual revenue of ₹2000 crore to the company. The company is working to increase its capacity to 2.4+ GW annually by 2027, which will generate annual revenue of more than ₹10,000 crore for the company. Along with increasing revenue, Tata Power’s share price target can also reach the price of ₹867.29 before the end of 2028.

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Tata Power Share Price Target 2029

If we talk about the company’s business related to solar water pumps, it is also continuously growing, and till now the company has installed more than 85000 water pumps, which the company is planning to increase to 2.5+ lakh pumps by 2027-28. This will generate revenue of Rs 5000+ crore for the company.

The company has also announced to increase in the number of its charging points to 25,000+ by 2027 – 28 and aims to increase the capacity of energy from solar & wind to 20+ GW. With the growing business, Tata Motor’s share price target can also hit ₹935.18 by 2029.

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Tata Power Share Price Target 2030

If we estimate the growth of the stock in 2030, then the share price of Tata Power is expected to reach ₹1,012.25 before the end of this year.

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Tata Power Share Price Target 2031

Tata Power is continuously working to increase its renewable energy, for which the management of Tata Power is investing a substantial amount of money. Currently, the company aims to increase the production of renewable energy as much as possible, for which the company has set a target of increasing its clean and green energy production by 80% by 2030 – 2031.

Also, to ensure a round-the-clock supply of energy, the company is working on a storage-based intelligent energy management platform, moving away from the traditional method, and by 2030 – 2031, the company will do up to 50% of its energy distribution through an intelligent energy platform.

Tata Power’s share price could reach ₹1,089.33 by 2031.

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Tata Power Share Price Target 2035

In the future, the business of the company will become quite extensive by 2035, and in the next 5 to 10 years the company will increase its green energy portfolio to 100%, along with this, the company will have installed 1 lakh EV charging points, and will be the largest in the country. The excellent management of the company and the ecosystem of Tata Group is also giving Tata Power an edge in the market due to which the company is continuously growing in the market. Tata Power’s share price target seems to increase to ₹1,397.84 by 2035.

Future of Tata Power Share

Looking at the future, Tata Power’s business is also quite futuristic, and the company has great opportunities for further growth. In the future, petrol and diesel vehicles are going to end, and you will see only electric vehicles everywhere, and the demand for clean and green energy will also increase manifold.

Tata Power has already prepared its infrastructure of EV Charging Stations, which the company is going to increase 10 times in the next 10 years. The company is also focusing a lot on clean and green energy and has the target to increase it by 5 times.

Risk of Tata Power Share

If we talk about the risk in Tata Power’s business, there is a lot of competition in the sector in which the company is working, and other public and private companies are also continuously working to expand their businesses. Apart from this, whatever segment the company is working, it requires a lot of investment and requires taking a lot of loans. Although the company is taking this loan for the expansion of its business, this fact must still be kept in mind.

My Opinion:

Everyone knows that the coming time is of electric vehicles, and renewable energy and any company working in this field will progress in the future. Talking about Tata Power, it is the oldest company in the country which has more than 100 years of experience in the power sector. Also, Tata Power has created the country’s largest EV charging station infrastructure, which they will benefit from in the future.

In the long term, both the company and its share price are going to grow. If you are a long-term investor then you can keep an eye on Tata Power, but keep in mind that by long-term it doesn’t mean 2, 3, but at least 10 years. Your vision should be for at least 10 years because it will take 10 to 20 years for EV adoption and 100% replacement of renewable energy with fossil energy.

FAQ: Tata Power Share Price Target

Disclaimer: This article is for informational purposes only and should not be considered investment advice. The price targets or predictions provided are generated by a custom algorithm using deep learning, which may change due to market fluctuations, volume shifts, and market cycles. It is strongly recommended not to base investments solely on the target price mentioned. Read the complete disclaimer…