Tata Steel Share Price Target 2024-2030 Fundamentals & Quarterly Results

TATA Steel Share Price Target 2024, 2025, 2026, 2027, 2028, 2029, 2030 Fundamentals & Quarterly Results – India’s foremost steel producer, Tata Steel, has an extensive presence in various countries such as the United Kingdom, Netherlands and Thailand and 22 others. Globally, Tata Group’s subsidiary has the capacity to manufacture steel to the tune of 35 million tonnes every year which places it among the top ten companies that produce the commodity.

Latest Update – Tata Steel net consolidated profit surged 75.01% as compared to previous year same quarter numbers with Rs 918.57crore gliding up by Rs 393.72 crore over Q1 2023-24Rs 523.85 crore.

Tata Steel Overview

Tata Steel Ltd was established in the year 1907. The company deal with all the processes that are used in the steel production sector ranging from iron ore mining, mining, processing of both coal and iron ore to the point where they produce finished products which they distribute to their customers across the world. Within the next five years, the company wants to raise its steel making capacity up to thirty million tones per annum in India.

Also Check Spicejet Share Price Target

Tata Steel Business Profile

The business’s range of products is flat, like hot rolled coils and cold rolled coils, galvanised steel long, as in wire rods, rebar, ferroalloys, tubes, bearings, and wires. It includes but not limited to such product segments as agriculture, automotive, construction, consumers good, power generation, engineering and material handling, etc.

Also Check Hudco Share Price Target

Market Position

During fiscal year twenty-one, this company grew its portion of the Alloy Wire Rod market up to twenty percent, an increase from just twelve percent during fiscal year twenty. This was mainly because there was also growth in shares within two wheelers’ area while still keeping all the given information consistent as below; whereas during the same period their stake within local automotive sector climbed from twelve percent in the preceding fiscal year to fifteen percent thanks to their dominance over commercial vehicles which gives them thirty eight percent of market share.

Also Check Nestle India Share Price Target

Network

The company possess a strong distribution network of over 250 distributors and over 20,400 dealers. The vehicle tracking systems (VTSs) cover all its 100% fleet while approximately 95% of India’s districts have them installed.

The company produced about 839000 tonnes of Direct reduced Iron (DRI) and about 684000 tonnes of Crude Steel and about 672000 tonnes of rolled products in FY22.

Also Check Tata Investment Share Price Target

Manufacturing Capabilities

there is a steel plant in Jamshedpur (Jharkhand) and a sponge iron plant in keonjhar (Odisha) owned and operated by the company. It has some capacities.

Crude steel capacity: 1 MnTPA
DRI: 1 MnTPA
Iron ore mines: 2.5 MnTPA ROM
Captive Power capacity: 160 MW

Also check HAL Share Price Target

Operations

The company has got operations with facilities such as sinter, pellet, sponge iron kiln, blast furnace, electric arc furnace, wire rod/bar mills, captive power plants, a captive iron ore mine, and an underdeveloped coal mine which are vertically integrated.

Also Check HFCL Share Price Target

Contract

Tata Steel, LL and the government of the United Kingdom decided to invest in Electric Arc Furnace (EAF) steelmaking at the Port Talbot site under a joint venture whose total capital requirement will be £1.25bn of which a grant of up to £500mn will be given by the UK government while Tata Steel Limited sources the balance £725mn. The envisaged timeline for the project is 36 months. The investment under consideration would enable us to get to break-even from the current money-losing state in UK.

Also Check NBCC Share Price Target

Tata Steel Fundamentals & Quarterly Results

Also Check ZEEL Share Price Target

Tata Steel Quarterly Results

CAGR Report

Tata Steel Shareholding Pattern

Also Check Deepak Nitrite Share Price Target

Tata Steel Share Price Target 2024-2030 Forecast

Also Check Federal Bank Share Price Target

Tata Steel Share Price Target 2025

Tata Steel Share Price Target 2026

Tata Steel Share Price Target 2027

Tata Steel Share Price Target 2028

Tata Steel Share Price Target 2029

Tata Steel Share Price Target 2030

Official Website –tatasteel.com