What will be the future of Tata Steel (NSE: TATASTEEL)? This article forecasts the Tata Steel share price target for 2025 to 2030 using a fundamental analysis approach. As of April 2025, Tata Steel shares are trading at ₹141.25 on the NSE. Based on our analysis, the price target of Tata Steel stock in 2025 can be around ₹174. Tata Steel may reach a price target of ₹350 in 2030. Given this forecast, investors should keep track of the current situation with Tata Steel news and stock market news.
Tata Steel Share Price Latest News
- Tata Steel announced a ₹10,000 crore investment to expand the OMQ mining capacity from 40 Mt to 55 Mt, which is expected to create 1,200 new positions and fund technological and logistical upgrades (29 Apr 2025).
- India’s Steel Secretary encouraged Tata Steel and other firms to acquire overseas iron ore, coking coal, limestone, and dolomite assets to support a capacity goal of 300 Mt by 2030 (26 Apr 2025).
- Shares rallied by up to 6% on the BSE following the Dutch workforce reduction plan, as brokerages projected up to 33% upside based on a €500 million cost-saving target (11 Apr 2025).
- The company announced the reduction of 1,600 positions, about 20% of its Netherlands workforce at the IJmuiden plant, to improve operational efficiency (9 Apr 2025).
- Tata Steel India’s FY2025 crude steel production increased by 5% year-on-year to 21.8 Mt, with Q4 production of 5.51 Mt and domestic deliveries of 5.6 Mt being the company’s highest ever for its Branded Products & Retail segment (7 Apr 2025).
Tata Steel Overview & Revenue Breakdown
Established in 1907, Asia’s first private integrated steel company, Tata Steel, covers the entire steel value chain from iron ore to processing, making flat and long products. With main plants in Jamshedpur (Jharkhand) and Keonjhar (Odisha), its crude steel and DRI capacity are 1 Mtpa each, iron ore mines produce 2.5 Mtpa ROM, and captive power is 160 MW. The company’s target is to increase domestic steelmaking capacity to 30 Mtpa by 2025, and it has established India’s widest cold-rolling mill (2.2 Mtpa) and a 6 Mtpa pellet plant.
The company generates 94.17% of its revenue from steel and 5.83% from other products. In terms of operating profit, 94.04% comes from Tata Steel India, 0.51% from Southeast Asian operations, and 5.45% from other sources. Geographically, 50.17% of revenue comes from the Indian market, 46.19% from international markets, and 3.64% from other sources.
Tata Steel Share Price Target by Brokerage
| Date | Brokerage | Price Target | Upside % |
| 11 Apr 2025 | JP Morgan | ₹180 | 27.43% |
| 11 Apr 2025 | Axis Direct | ₹150 | 6.19% |
| 10 Apr 2025 | ICICI Securities | ₹180 | 27.43% |
| 19 Mar 2025 | Emkay | ₹185 | 30.97% |
| 10 Mar 2025 | Antique Broking | ₹175 | 23.89% |
According to Yahoo Finance, the average price target for the Tata Steel stock is ₹153.43. Out of 30 Wall Street analysts, 17 have given it a ‘Buy’ rating, 8 have given a ‘Hold’ rating, and 5 have recommended ‘Sell’. The consensus recommendation from 30 analysts is ‘Buy’.
Tata Steel Share Price Target 2025-2030
| Year | Price Target | Change % |
| 2025 | ₹174 | 23.19% |
| 2026 | ₹200 | 41.59% |
| 2027 | ₹230 | 62.83% |
| 2028 | ₹265 | 87.61% |
| 2029 | ₹304 | 115.22% |
| 2030 | ₹350 | 147.79% |
Based on the estimates, the price target for Tata Steel is ₹174 for 2025, which is a 23.19% upside from the current price. The target for 2030 is ₹350, an upside of 147.79%. Below is a detailed outlook and valuation analysis for Tata Steel.
Tata Steel is focusing on expanding its production capacity, especially in India, where by FY26, upon completion of the Kalinganagar expansion, capacity will be 26.6 million tonnes per annum (mtpa). This expansion will strengthen its position in the domestic market and increase the production of high-margin value-added products. At the same time, a major transformation plan is underway at Tata Steel Netherlands (TSN), whose objective is to reduce controllable costs by 15% year-on-year and improve capacity utilization. Under this change, there will be a cut of 1,600 jobs, and cost savings of more than EUR 500 million are expected in FY26, followed by another EUR 50–60 million in FY27. By FY26, EBITDA per tonne at TSN could improve by EUR 70–80, taking plant EBITDA to EUR 13–15 per tonne.
During FY25–FY27, a 28% CAGR in EBITDA and 29% CAGR in profit after tax are expected. By FY26, EBITDA could reach ₹367,212 million and net profit ₹111,672 million. Return on Capital Employed (RoCE) could increase from 5.2% in FY25 to 10.3% by FY27. Key risks include a delay in the TSUK transition plan, restructuring costs could be higher than expected, domestic demand may not be as strong, and global steel imports and the tariffs imposed on them could also have an impact.
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