Share of Tata Power Company Limited is currently trading at around Rs.424/-. Existing as well as prospective Investors are asking for Tata Power Share Price Targets from 2024 to 2040. In this article, we will discuss about the business prospects and financial performance of the Company and based on our discussion and analysis will tell you about the Tata Power Share Price targets from 2024 to 2040.
Discussion & Analysis of Business & Financial performance with future business prospects of Tata Power Company Ltd:
Tata Power Company Limited has demonstrated robust performance in recent quarters, underscoring its strong position in India’s energy sector. In Q2 FY25, the company achieved its highest-ever quarterly profit of ₹1,533 crore, a 51% year-on-year increase, driven by growth across generation, renewables, and distribution segments. Revenue for the same period reached ₹17,500 crore, marking a 16% growth compared to the previous year. Additionally, Tata Power’s focus on clean energy has been pivotal, with renewable energy comprising 41% of its total installed capacity of 6.1 GW, which is set to expand further with ongoing projects totaling 5.3 GW.
The company has made significant strides in solar and e-mobility sectors. It has commissioned a solar cell manufacturing plant in Tamil Nadu, achieving a production capacity of 2 GW, with plans for further expansion. In the e-mobility space, Tata Power has installed over 1.15 lakh home chargers and 5,675 public/semi-public charging points across 590 cities, supporting the nation’s transition to sustainable transportation
Future prospects for Tata Power appear promising, with a planned capital expenditure of ₹20,000 crore for FY25, focusing on renewable energy, hydro projects, and advanced grid infrastructure. The company is also investing in emerging technologies such as pumped hydro storage and exploring small modular nuclear reactors. Its growing portfolio includes major wins in transmission projects and partnerships for solar rooftop initiatives and e-mobility infrastructure. With a healthy order book of ₹15,500 crore and increasing demand for renewable solutions, Tata Power is well-positioned to maintain its growth trajectory
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Tata Power’s strategic initiatives, robust financial performance, and alignment with India’s clean energy goals solidify its status as a key player in the power sector, poised for sustainable and long-term growth.
Share Price Targets:
Tata Power Share Price Target 2024
Based on the above discussion and analysis, the share price of Tata Power is likely to touch the level of around Rs.450-475 in 2024
Tata Power Share Price Target 2025
Based on the above discussion and analysis, the share price of Tata Power is likely to touch the level of around Rs.525-550 in 2025
Tata Power Price Target 2030
Based on the above discussion and analysis, the share price of Tata Power is likely to touch the level of around Rs.900-1000 in 2030
Tata Power Price Target 2035
Based on the above discussion and analysis, the share price of Tata Power is likely to touch the level of around Rs.1600-1750 in 2035
Tata Power Price Target 2040
Based on the above discussion and analysis, the share price of Tata Power is likely to touch the level of around Rs.2750-3000 in 2040
Disclaimer: Share Prices are subject to market fluctuations and are dependent on several factors. These predictions are based on the current market conditions and the future market expectations. Investors are advised to take into consideration all these factors before making any investment in Capital Market. This article should not be treated as Investment advisory and is for general guidance purpose only. We keep revising our share price targets based on the latest information available with us. Please keep visiting our website regularly to keep yourself updated. MoneyInsight does not offer investment advice and does not encourage any action based on its content.
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