Tata Chemicals Share Price Target 2023-2030
| Year | Share Price Target |
|---|---|
| 2023 | 155.20 |
| 2024 | 166.57 |
| 2025 | 185.28 |
| 2028 | 235.20 |
| 2030 | 1259.73 |
Tata Chemicals Limited is a leading global manufacturer of chemicals and specialty products. The company has a strong track record of performance and is well-positioned to benefit from the growth opportunities in the global chemicals market.
In this article, we will discuss the Tata Chemicals share price target for 2023, 2024, 2025, 2028, and 2030. We will also look at the factors that are likely to affect the share price in the coming years.
Tata Chemicals Share Price Target 2023
The current share price of Tata Chemicals is around ₹6247. Analysts are expecting the share price to rise to ₹155.20 by the end of 2023. This is based on the company’s strong fundamentals and the positive outlook for the chemicals industry.
The company is well-positioned to benefit from the growth in the following segments:
- Specialty chemicals: Tata Chemicals is a leading manufacturer of specialty chemicals, such as soda ash, chlorine, and caustic soda. These chemicals are used in a variety of industries, including textiles, fertilizers, and pharmaceuticals.
- Consumer products: Tata Chemicals is also a leading manufacturer of consumer products, such as detergents, soaps, and shampoos. These products are used by millions of people around the world.
- Agriculture: Tata Chemicals is also a leading player in the agriculture sector. The company produces a variety of fertilizers and other products that help farmers improve crop yields.
Tata Chemicals Share Price Target 2024
In 2024, the share price of Tata Chemicals is expected to rise further to ₹166.57. This is due to the company’s continued focus on growth and profitability, as well as the expected improvement in the global chemicals market.
The company is planning to invest heavily in new capacities and technologies, which is expected to boost its earnings and profitability in the coming years. The company is also targeting new markets, such as Africa and Southeast Asia.
Tata Chemicals Share Price Target 2025
The share price of Tata Chemicals is expected to reach ₹185.28 by 2025. This is based on the company’s plans to expand its capacity and enter new markets.
The company is planning to set up a new soda ash plant in Gujarat, India. The plant is expected to be commissioned in 2025 and will have a capacity of 1 million tonnes per annum. The company is also planning to expand its capacity for other products, such as chlorine and caustic soda.
Tata Chemicals Share Price Target 2028
The share price of Tata Chemicals is expected to rise to ₹235.20 by 2028. This is based on the company’s long-term growth plans and the expected recovery of the global chemicals industry.
The company is targeting to achieve a revenue of ₹100,000 crore by 2028. The company is also planning to become a net debt-free company by 2028.
Tata Chemicals Share Price Target 2030
The share price of Tata Chemicals is expected to reach ₹1259.730 to ₹1287.942 by 2030. This is based on the company’s continued focus on innovation and its ability to capitalize on the growth opportunities in the global chemicals market.
The company is investing heavily in research and development. The company is also targeting new markets, such as the United States and China.
Conclusion
The Tata Chemicals share price is expected to rise in the coming years. The company has a strong track record of performance and is well-positioned to benefit from the growth opportunities in the global chemicals market. However, the share price could be volatile in the short term due to factors such as the global economic slowdown and the rising cost of raw materials.