Tata Steel Ltd, formerly known as Tata Iron and Steel Company Limited (TISCO), is an Indian multinational steel-making company headquartered in Jamshedpur, Jharkhand, India. It was founded by Jamsetji Nusserwanji Tata in 1907, and its first plant was commissioned in Jamshedpur in 1911.
Tata Steel produces a wide range of steel products, including hot rolled coils, cold rolled coils, galvanized steel, and tubes and pipes. The company’s products are used in a variety of industries, including construction, automotive, and packaging.
Over the years, Tata Steel has grown to become one of the world’s largest steel producers, with an annual crude steel production capacity of 34 million tonnes per annum (MnTPA). The company has a strong presence in India, where it is the second-largest steel producer by net domestic sales. Tata Steel also has a significant international presence, with operations in 26 countries across Europe, Southeast Asia, and Africa.
Tata Steel Ltd (TISC) Share Historical Yearly Growth and Analysis:
Over the past five years, TATA Steel (TISC) has experienced a yearly revenue growth rate of 12.1%, slightly lower than the industry average of 13.82%. This indicates that TISC’s revenue growth has been lagging behind the broader industry. However, over the last three years, TISC has shown a strong improvement with a 3-year Compound Annual Growth Rate (CAGR) of 18.92% for its revenue. Despite starting below the industry average, this recent surge in growth suggests that TISC is making significant strides to catch up and potentially outperform its competitors in the near future.
The recent performance suggests that investing in Tata Steel for the long term could be a prudent decision. The company has consistently demonstrated a strong track record of growth, and the sustained demand for steel in various sectors bodes well for its future prospects. Notably, the average yearly growth rate of Tata Steel’s share price stands at a healthy 17.41%, reinforcing the perception that the company is a promising long-term investment.
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Tata Steel Share Price expected growth in upcoming years:
Tata Steel’s share price is expected to grow steadily in the upcoming years, analysts expect Tata Steel’s share price to grow at a CAGR of around 10-15% in the upcoming years. This means that the share price could double in value over the next five to seven years.
Here’s some analyst targets for Tata Steel’s share price in the upcoming years:
| Analyst | Target Price (₹) | Timeline |
|---|---|---|
| Jefferies | ₹225 | 2025-2027 |
| ICICIdirect | ₹210 | 2025-2027 |
| Edelweiss | ₹200 | 2025-2027 |
| Axis Securities | ₹190 | 2025-2027 |
| HDFC Securities | ₹180 | 2025-2027 |
Tata Steel Ltd Stock Price Prediction 2024
| Year 2024 | Tata Steel Share Price Prediction 2024 ₹170 |
Tata Steel Ltd Stock Price Prediction 2025
| Year 2025 | Tata Steel Share Price Prediction 2025 ₹190 |
Tata Steel Ltd Stock Price Prediction 2030
| Year 2030 | Tata Steel Share Price Prediction 2030 ₹350 |
Tata Steel Ltd Stock Price Prediction 2040
| Year 2040 | Tata Steel Share Price Prediction 2040 ₹650 |
Tata Steel Ltd Stock Price Prediction 2050
| Year 2050 | Tata Steel Share Price Prediction 2050 ₹1200 |
Top Investors in Tata Steel:
Here’s a table of the top investors in Tata Steel:
| Rank | Investor Name | Country | Stock Percentage |
|---|---|---|---|
| 1 | Life Insurance Corporation of India | India | 13.24% |
| 2 | State Bank of India | India | 11.26% |
| 3 | The Government of Singapore | Singapore | 7.02% |
| 4 | SBI Mutual Fund | India | 5.91% |
| 5 | HDFC Mutual Fund | India | 5.24% |
Tata Steel releases his IPO in 2011:
Tata Steel’s Initial Public Offering (IPO) took place on January 19, 2011, and closed on January 21, 2011. The IPO was oversubscribed by 6.03 times (1.60 times in retail) on closing day.
Tata Steel Current Share Price And Overview – Read Here
Some Frequently Asked Questions:
What is the expected growth in Tata Steel’s share price in the upcoming years?
Analysts expect Tata Steel’s share price to grow at a Compound Annual Growth Rate (CAGR) of around 10-15% in the next five to seven years. Various analysts have provided target prices for different timelines.
When did Tata Steel release its Initial Public Offering (IPO)?
Tata Steel’s Initial Public Offering (IPO) took place from January 19, 2011, to January 21, 2011. It was oversubscribed by 6.03 times (1.60 times in retail) on the closing day.
