Investors and analysts have been keeping a close eye on Tata Motors, one of the leading automobile manufacturers in India. For the last few years, tata motors share price has given good returns to its investors and may continue to give more good returns to its investors. That’s why many are curious about its potential for growth in the future.
In this blog post, we will discuss Tata Motors share price target for 2023 to 2030. We will look at the company’s historical performance, current financial standing, technical analysis, and the factors that could impact its share price in the coming years. So if you are looking for Tata Motors share price target for upcoming years, you have reached the correct blog post. Let’s begin our quest to know tata motors expected share price or tata motors long term target.
About Tata Motors
Tata Motors is a leading global automotive company that manufactures a range of vehicles, including cars, trucks, buses, and more. Over the years, the company has established itself as a trusted brand with a strong focus on innovation, sustainability, and customer satisfaction.
Tata Motors has demonstrated strong growth potential in recent years, thanks to its strategic initiatives to expand its product portfolio, enhance operational efficiency, and invest in R&D.
The company’s revenues have been steadily increasing, and its profits have also been upward. Tata Motors has also shown a commitment to sustainability and electric vehicle technology, which could position the company for long-term success in a rapidly changing market.
Considering these factors, Tata Motors could continue to grow in the coming years. That’s why tata motors share price target can be excellent, and it can give massive returns to its investors.
Fundamental of Tata Motors
Let’s understand the fundamentals of Tata Motors so it will be easy to decide on Tata Motors long term target.
This data was taken on February 15, 2023.
- The current price of tata motors is 438 ₹
- P/E Ratio 327.98
- Sales Growth of 56.63%
- Profit Growth of 41.94%
Based on its financial reports, it is clear that the company has several strengths, which are as follows:
- The company has a cash conversion cycle of -23.29 days, meaning it can quickly convert its inventory into cash.
- The company has average operating leverage of 3.32, indicating a high degree of fixed costs in its operations.
However, a closer examination of the company’s fundamentals reveals some weaknesses of Tata Motors, which are as follows:
- Shown a poor profit growth of -195.12% for the past three years, indicating a decline in profitability.
- Showed a poor revenue growth of -11.94% for the past three years, indicating a decline in sales.
- The company has a poor ROE of -19.42% over the past three years, indicating a low return on shareholder’s equity.
- The company has a poor ROCE of -3.81% over the past three years, indicating a low return on capital employed.
- A low-interest coverage ratio of 0.23 indicates a high level of debt and a greater risk of default.
- The tax rate is low at -6.05, which is unusual and may indicate a special tax situation or accounting anomaly.
- It has a low EBITDA margin of 3.44% over the past five years, indicating low operating profitability.
- Currently trading at a high EV/EBITDA of 38.65, suggesting the stock is overvalued compared to its earnings potential.
Other Related Articles:
- Suzlon Energy Share Price Target For 2023, 2025 to 2030
- ICICI Bank Share Price Target for 2023, 2025 to 2030
- IRFC Share Price Target for 2023, 2025 to 2030
- IEX Share Price Target for 2023, 2025 to 2030
- Vodafone Idea Share Price Target for 2023 to 2030
- IDFC First Bank Share Price Target for 2023 to 2030
Technical Analysis of Tata Motors
After making a high of around 600 ₹ level in 2015 and 2016, the price declined and started to move in a downtrend. But from 2020, after hitting a low of 64.80₹ price started to uptrend and gave more than 700% returns from its low.
We can see a descending triangle chart pattern, which may break out soon. So there could be a good opportunity for long term or short-term trading in tata motors shares.
We can buy after a successful retest of current levels, and the target for them is shown below.
Tata Motors Share Price Target for Upcoming Years
Years | Tata Motors Share Price Target (₹) |
---|---|
2023 | 600 |
2024 | 750 |
2025 | 870 |
2026 | 950 |
2027 | 1010 |
2028 | 1098 |
2029 | 1150 |
2030 | 1200 |
Tata Motors Share Price Target for 2023
Tata Motors share price target for 2023 will be around 600₹.
Tata Motors Share Price Target for 2024
Tata Motors share price target for 2024 will be around 750₹.
Tata Motors Share Price Target for 2025
Tata Motors share price target for 2025 will be around 870₹.
Tata Motors Share Price Target 2030
Tata Motors share price target for 2030 will be around 1200₹.
Conclusion
In conclusion, the technical analysis of Tata Motors suggests that the stock is currently in an uptrend, offering both long-term and short-term trading opportunities. The descending triangle chart pattern indicates a potential breakout, which could lead to further price appreciation.
Tata motors share price target for 2023 is around 600₹, and it is expected to rise steadily in the coming years, with a tata motors share price target of 750₹ for 2024 and 870₹ for 2025. The target for the long term is around 1200₹ by 2030.
Based on this analysis, investors looking for potential growth opportunities may consider Tata Motors as a good investment option.
Disclaimer: The information provided is for educational purposes only and should not be taken as investment advice. I cannot be held responsible for any profit or loss. It is highly recommended to conduct your research and consider all factors before making any investment decisions in the stock market. The information in this post may be subject to inaccuracies and errors and is subject to change.