Tata Metaliks Limited is a leading Indian manufacturer of pig iron and ductile iron pipes. The company is a subsidiary of the Tata Group, one of the largest conglomerates in India. Tata Metaliks has a strong track record of profitability and growth, and it is well-positioned to benefit from the growing demand for steel products in India.
Tata Metaliks Share Price Target 2023
The average Tata Metaliks share price target for 2023 is between Rs 975 and Rs 1000. This represents a potential upside of 10-20% from the current price.
Analysts are bullish on Tata Metaliks for the following reasons:
- The company has a strong track record of profitability and growth.
- Tata Metaliks is well-positioned to benefit from the growing demand for steel products in India.
- The company is investing heavily in new projects to expand its capacity and reach.
- Tata Metaliks is also a leader in the development of green steel products.
Tata Metaliks Share Price Target 2024
The average Tata Metaliks share price target for 2024 is between Rs 1000 and Rs 1100. This represents a potential upside of 20-30% from the current price.
Analysts are bullish on Tata Metaliks for the same reasons listed above, as well as the following:
- The company is expected to benefit from the continued economic growth in India.
- Tata Metaliks is also expected to benefit from the government’s focus on infrastructure development.
- The company is also planning to expand its exports.
Tata Metaliks Share Price Target 2025
The average Tata Metaliks share price target for 2025 is between Rs 1100 and Rs 1250. This represents a potential upside of 30-40% from the current price.
Analysts are bullish on Tata Metaliks for the same reasons listed above, as well as the following:
- The company is expected to achieve significant growth in its pig iron and ductile iron pipes businesses.
- Tata Metaliks is also expected to benefit from the growing demand for green steel products.
Tata Metaliks Share Price Target 2026-2030
Analysts are bullish on Tata Metaliks for the long term, with share price targets for 2026-2030 ranging from Rs 1250 to Rs 1600. This represents a potential upside of 50-100% from the current price.
Analysts are bullish on Tata Metaliks for the following reasons:
- The company is well-positioned to benefit from the growing demand for steel products in India.
- Tata Metaliks is investing heavily in new projects to expand its capacity and reach.
- The company is also a leader in the development of green steel products.
Risks to Consider
While Tata Metaliks is a well-established company with a bright future, there are some risks to consider before investing in the stock. These risks include:
- The company’s profitability is dependent on the global economic conditions.
- Tata Metaliks is also exposed to the risk of raw material price fluctuations.
- The company is also exposed to the risk of competition from other steel producers.
Conclusion
Overall, Tata Metaliks is a well-managed company with a strong track record of profitability and growth. The company is well-positioned to benefit from the growing demand for steel products in India.
Analysts are bullish on Tata Metaliks for the long term, with share price targets for 2026-2030 ranging from Rs 1250 to Rs 1600. This represents a potential upside of 50-100% from the current price.
However, investors should be aware of the risks involved before investing in the stock, such as the company’s dependence on the global economic conditions, its exposure to raw material price fluctuations, and its exposure to competition from other steel producers.
