In this article, we will discuss all of Tata Power’s share price queries like tata power’s share price nse, tata power’s share price today, tata power’s share price target. tata power share price target 2022.
Founded in 1919, Tata Power Company Limited is a mid-sized company (market capitalization Rs 69,770.24 crore) operating in the power sector.
Its key product and revenue segments for the year ended March 31, 2021, include power supply, project management fees, other operating income, finance, and leasing income, and fly ash.
For the quarter ended September 30, 2021, the Company recorded total consolidated revenue of 10,187.33 rupees, an increase of 0.41 percent over the previous quarter’s total revenue of 10,145.89 rupees and an increase of 20.68 percent over the previous year’s total revenue of 8,441.60 rupees. Profit after tax for the quarter was -117.18 million rupees.
The company’s management consists of Natarajan Chandrasekaran, Anjali Bansal, K M Chandrasekhar, Sanjay V Bhandarkar, Vibha Padalkar, Hemant Bhargava, Ashok Sinha, Banmali Agrawal, Praveer Sinha and Saurabh Agrawal. The company has appointed SRBC & Co LLP as its auditors. The total number of outstanding shares as of 30/09/2021 is 31953.
Tata Power is India’s largest energy company, whose power plants supply the entire country with uninterrupted electricity. Tata Power’s share price has risen more than 100 percent, resulting in a multi-figure return in a short period of time. Several stockbrokers have recommended Tata Power shares for the long term, with a target of 310 million rupees in 2022, one year from now.
Tata Power is also focusing on renewable energy and has installed several solar power plants to improve electricity supply in rural and urban areas. Many companies are expanding their operations to meet the demand for solar power and green energy, making it the best solution for power generation in India.
Tata Power share price targets for 2022, 2023, 2024, 2025 and 2030
Tata Power is one of the most profitable stocks in the Tata Group. Tata Power is an energy company. If you look at the chart of Tata Power, you can see the bullish breakout that can be seen in the chart of Tata Power after a long time. Now it has a very bullish momentum and this momentum can continue in the future.
Tata Power is making a breakout after a long time as can be seen on the chart of Tata Power. In 2008, it reached an all-time high of 159 rupees and then started falling.
Now, after a long time, Tata Power has risen above the downtrend line and also above the resistance level, which confirms that the trend of Tata Power is now upwards. The future holds great targets for Tata Power.
Tata Power share price target for 2022
In 2022, Tata Power will break through the downtrend line and resistance to the upside. In my view, the 2022 price target for Tata Power is between 292 and 374 rupees. I would add to my 2022 target that the first target should be achieved in 2022, while the second may take more or less time.
Tata Power share price target for 2023
An investment in Tata Power by 2023 would result in the first target of 461 rupees and the second target of 558 rupees. The first target is one of the Fibonacci levels and the second target is the Gann Fan level. These are targets that we believe are easily achievable.
Tata Power share price target for 2024
If you are invested in Tata Power by 2024, we have two targets for 2024 that you can easily achieve. The first target for Tata Power is 754 rupees and the second is 1058 rupees.
Tata Power share price target for 2025
Finally, I would like to talk about Tata Power’s 2025 price target. Many people have asked me, “What is your target for Tata Power in 2025?”. So, I have said that the expected targets for Tata Power’s share price in 2025 are Rs 1458 and Rs 1879. This is because these two levels are very important.
Tata Power share price target for 2030
If you are a long-term investor and want to invest in Tata Power till 2030. I would give you two targets for Tata Power in 2030. The first target for Tata Power for the year 2030 is Rs 5486 crore and the second target for Tata Power for the year 2030 is Rs 8695 crore.
Analysis of quarterly results of Tata Power
As seen in the figure below, Tata Power compares quarterly results for Q1FY20-Q4FY21, till June 2020 (Q1FY20) revenue is Rs. 1,412.42 crores and profit after tax is Rs. 67.71 crores. In the next quarter ending September 2020 (Q2FY20), revenue is Rs. 550.28 crores, and net profit after tax is Rs. 164.23 crores. In December 2020 (Q3FY20), the revenue and net profit after tax will increase again to Rs. 1,657.59 Crs. and Rs. 489.47 Crs. respectively. And for the year ending March 2021 (Q4FY21), revenue will be Rs. 1,560.30 Crs. and net profit after tax will be Rs. 246.23 Crs.
Analysis of Tata Power’s annual results
The following section compares the revenue and net profit performance of Tata Power from year to year. From the following figure it can be seen that in FY17 the revenue was Rs. 7,472.26 Crs and the net profit was Rs. 397.54 Crs and in FY18 the revenue was Rs. 7,822.33 Crs and net profit was Rs. 3,150.52 Crs. And the next year, FY19, is better than the previous one and the revenue for FY19 is Rs. 8,398.84 Crs and net profit is Rs. 1,768.70 Crs. However, in FY20, it does not look much better, the revenue is Rs. 8,070.16 Crs and net profit are Rs. 148.12 Crs and finally in FY21, the revenue is Rs. 6,374.22 Crs and net profit are Rs. 921.45 Crs.
In this article, we have analyzed Tata Power’s price targets for 2022, 2023, 2024, 2025, and 2030. We have also discussed quarterly and annual earnings analysis. If you have any questions about these terms, feel free to ask me in the comments, and if you liked this post, please share it with your friends.
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