Tata Steel target price upto December

The target price for Tata Steel Limited (TATASTEEL) stock that is expected to be achieved by December 24, 2024, can be analyzed based on several factors: 1. **Market Position**: Tata Steel is one of the largest steel producers globally and is known for its extensive operations across the world. 2. **Financial Performance**: The company has a strong financial base with a market capitalization over 2,27,637 crore and a P/E ratio under 20, indicating a stable and profitable business model. 3. **Share Price History**: Tata Steel's share price has shown a significant 241.30% return over the last five years, reflecting a strong long-term performance. 4. **Future Growth Prospects**: Tata Steel's management is focused on growing its worldwide operations and enhancing its product services, which could drive future growth and potentially increase the stock price. 5. **Analyst Forecasts**: Analysts have set a 2025 target price range between Rs. 187 and Rs. 211, indicating a potential upside from the current price. For 2026, a range between Rs. 215 and Rs. 242 is expected. For 2027, a range between Rs. 247 and 276 is expected. Based on these factors, an expert analysis suggests that Tata Steel's stock could maintain its current performance, and an approximate target price by December 24, 2024, could be in the range of 174.16 to 204.8 Indian Rupees. However, it's important to note that stock market investments carry inherent risks, and actual performance can be influenced by unforeseen market events.