Tata Motors’ stock price went up by more than 2% on Wednesday and has gone up by 7% in the past week. This is because experts think the company’s future looks good based on what they shared at a recent meeting. Tata Motors’ business in India has paid off all its debts in 2024. They plan for their luxury car brand, Jaguar Land Rover (JLR), to be debt-free by 2025.
Tata Motors wants to grow double as fast as the overall car market by selling new types of cars, petrol, CNG, and electric vehicles (EVs). They aim to cover 80% of the market by 2030, compared to 53% now. They expect electric cars to make up 30% of their sales by then.
The company plans to have more than 10% profit for both its regular and electric cars by 2030. They also aim for their electric car business to start making money by 2026.
Expert Review On Tata Motors
Emkay Global Financial Services: Thinks Tata Motors’ shares will go up and the target price is ₹1,050.
JM Financial: Says to ‘Buy’ Tata Motors shares, with a target price of ₹1,200.
Kotak Institutional Equities: Says to ‘Add’ Tata Motors shares with a target price of ₹1,100.
Note: These views are from individual analysts or brokerage companies, not from Mint. Always check with certified experts before making investment decisions.
Tata Motors Share Price Target in 2024
Abhishek Gaoshinde, an expert from Sharekhan by BNP Paribas, believes Tata Motors has a bright future. Tata Motors is adding more valuable products to improve sales and make more money. They are launching new products, especially electric vehicles (EVs), to reduce losses. Because of these positive changes, Abhishek Gaoshinde recommends buying Tata Motors shares, with a target price of ₹1,188.
Tata Motors Share Price Target
Tata Motors is a car company started in 1945 as Tata Engineering and Locomotive Company Limited. It’s part of Tata Sons Limited, the main company of the Tata Group. Over time, Tata Motors has grown a lot and become a big company. Here are the expected prices of Tata Motors shares for the coming years:
- 2023: ₹1059.02
- 2024: ₹1059.02
- 2025: ₹1096.50
- 2026: ₹1144.50
- 2027: ₹1171.50
- 2028: ₹1316.50
- 2030: ₹1721.50
In simple words, the value of Tata Motors’ shares is expected to go up over the years.
Tata Motors Share Price Target 2023
Tata Motors share price target is ₹730.20 by 2023 .
Tata Motors Share Price Target 2024
Tata Motors aims to achieve a share price target of ₹1059.02 by 2024 to drive future growth.
Tata Motors Share Price Target 2025
Tata Motors aims for a share price target of ₹1096.50 in 2025.
Tata Motors Share Price Target 2030
Tata Motors aims for a share price target of ₹1721.50 by 2030.
Tata Motors Share Price Target 2024, 2025, 2026, 2027, 2028, To 2030
Tata Motors, a major car company, is expected to have the following share prices in the coming years:
Year | Projected Share Price (₹) |
---|---|
2023 | 1059.02 |
2024 | 1059.02 |
2025 | 1096.50 |
2026 | 1144.50 |
2027 | 1171.50 |
2028 | 1316.50 |
2030 | 1721.50 |
- 2023: ₹1059.02
- 2024: ₹1059.02
- 2025: ₹1096.50
- 2026: ₹1144.50
- 2027: ₹1171.50
- 2028: ₹1316.50
- 2030: ₹1721.50
The value of Tata Motors’ shares is expected to increase over the next several years.
Tata Motors Share Price Target 2028
Tata Motors Share Price Target ₹1316.50 in 2028 Tata Motors Share Price Target ₹1316.50 in 2028 for further growth.
Tata Motors Share Price Target 2028 | ₹1316.50 |
Tata Motors Share Price Target 2029
Tata Motors Share Price Target ₹1591.50 in 2029 Tata Motors Share Price Target ₹1591.50 in 2029 for further growth.