List of Best Tata Shares to Invest in 2024

Tata Group is a global firm that operates in various sectors and has a long history dating back to 1868. The Tata Group has a Rs 24,600 billion market capitalisation, employing more than a million people and it operates in more than 100 countries. The shares of Tata Group provide a strong brand reputation and diverse portfolio to investors. With the help of this blog, we will guide you through the Tata Group Shares list, their performance in the market, risks and advantages associated with them, how to make smart investment decisions, and a lot more. 
 

What are Tata Shares?

Tata Shares are shares issued by companies belonging to the varied Tata Group. Tata Shares represent an ownership stake in Tata Company. The company operates in the following segments: Information Technology, Automotive, Steel, Consumer Products, and Power. By investing in the Tata Group shares, you can benefit from a diversified portfolio, solid financial performance, and a presence in the global market. 
 

 

List of Best Tata Shares 2024

Here is the best Tata group shares list:

Company Name

Industry

CMP

Market Cap

P/E

52 Week High

52 Week Low

Tata MotorsAutomobiles₹ 977.00₹ 358075.68 10.09₹ 1065.6₹ 557.70
Tata PowerPower₹ 444.4₹ 141329.87 40.47₹ 464.20₹ 215.70
TitanConsumer Goods₹ 3434₹ 30732087.90₹ 3886₹ 2,882
Tata CommunicationsTelecomm-Service₹ 1873.25₹ 52,19448.2₹ 2,085₹ 1515
Tata Consultancy Services LtdInformation Tech₹ 3801₹ 1,375,27129.5₹ 4254.45₹ 3172
TATA SteelSteel₹ 181.8₹ 224,765-₹ 184.6₹ 108.15
Voltas LtdAir Conditioners₹ 1484.4₹ 48,868193.8₹ 1550₹ 745

Disclaimer— All the information mentioned above is accurate as of 20th June 2024. However, it is important to conduct research before making any investment decisions in these stocks.
 

Top Tata Group Companies: An Overview

Here’s an overview of all the Tata Group shares mentioned above:

Tata Motors

Tata Motors Ltd was established in the year 1945, it offers a wide and diverse portfolio of cars, sports utility vehicles, trucks, buses, and defence vehicles to the world. With design and R&D centres located in India, the UK, Italy, and Korea, Tata Motors strives to pioneer new products that fire the imagination of GenNext customers.

  • The company has reduced debt. 
  • The company has delivered good profit growth of 93.1% CAGR over the last 5 years
  • For the quarter ended 31-03-2024, the company has reported a Consolidated Total Income of Rs 121,446.15 Crore. 

Tata Power

Tata Power Company Ltd is primarily involved in the business of the generation, transmission, and distribution of electricity. It aims to produce electricity completely through renewable sources. It also manufactures solar roofs and plans to build 1 lakh EV charging stations by 2025. 

  • The company has delivered good profit growth of 74.9% CAGR over the last 5 years
  • The company has been maintaining a healthy dividend payout of 22.8% The company has reported a net profit after tax of Rs 729.23 Crore in the latest quarter.

Titan

Titan Company was incorporated in the year 1984, It has established leadership positions in the Watches, Jewellery and Eyewear categories led by its trusted brands and differentiated customer experience. 

  • The company has delivered good profit growth of 20.2% CAGR over the last 5 years
  • The company has a good return on equity (ROE) track record: 3 Years ROE 30.3%
  • The company has been maintaining a healthy dividend payout of 28.7% 
  •  The company has reported net profit after tax of Rs 771.00 Crore in the latest quarter. 

Tata Communications

Tata Communications was incorporated on March 19, 1986 as VSNL. This latest collaboration between Tata Communications and Microsoft builds on the companies' long standing collaboration in enabling enterprises worldwide to make the most of cloud-based applications.

  • The company has reported net profit after tax of Rs 315.68 Crore in the latest quarter.
  • The company has a good return on equity (ROE) track record: 3 Years ROE 126%
  • The company has been maintaining a healthy dividend payout of 40.8%

Tata Consultancy Services Ltd

Tata Consultancy Services is the flagship company and a part of the Tata group. It is an IT services, consulting, and business solutions organisation that has been partnering with many of the world's largest businesses in their transformation journeys for over 50 years. 

  • The company is almost debt-free.
  • The company has a good return on equity (ROE) track record: 3 Years ROE 47.4%
  • The company has been maintaining a healthy dividend payout of 66.2% 

TATA Steel

Tata Steel Ltd is Asia's first integrated private steel company set up in 1907. The company has a presence across the entire value chain of steel manufacturing from mining and processing iron ore and coal to producing and distributing finished products.

  • The company has been maintaining a healthy dividend payout of 35.2%
  • The company has reported a net profit after tax of Rs 448.74 Crore in the latest quarter.

Voltas Ltd

The company was established in 1954, the revenue segments include electrical goods, contract revenue, sale of services, other operating revenue, and scrap for the year ending 31-Mar-2023.

  • Company is expected to give good quarter
  • The company has been maintaining a healthy dividend payout of 72.8%
  • The company has a return on equity of 6.09% over last 3 years.
  • Earnings include another income of Rs.253 Cr. 
  • The company has reported net profit after tax of Rs 148.96 Crore in the latest quarter.
     

Why Invest in Tata Shares?

Below are some reasons why you should invest in the market share of Tata Group:

  • Strong brand reputation: The companies that come under the Tata Group are known for their trust, innovations, and moral behaviour. All the Adani group companies, from Tata Motors to Tata Steel, are known for their high quality and consistency. 
  • Diverse portfolio: When an investor buys Tata shares, he or she is exposed to a variety of industries, such as steel, information technology, automobiles, and consumer goods. Diversification helps investors to mitigate risk and increase returns.
  • Performance reliability: Tata Firms have a track record of giving stable earnings to their owners. This leads to solid money health and steady company growth.
  • Global presence: Many Tata companies operate internationally, offering prospects for global expansion. The companies of Tata Group have access to a wide range of markets and resources, helping them to grow and develop. 
     

How to Identify the Best from the Tata Share List?

Here’s how to identify the best from the Tata share list:

  • Evaluate financial statements: You can easily determine the company’s financial standing by examining the cash flow statements, income, and balance sheets.
  • Analyse market leadership: Establish the company's position and level of competition within its industry. Carefully analyse the industry's trends, challenges, and opportunities and then develop a strategy to capitalise on the opportunities and mitigate any threats.
  • Consider growth opportunities: Look for businesses with promising future growth opportunities, such as new ventures and market expansions.
  • Evaluate management performance: Carefully evaluate the history, accomplishments, and strategic plan of the leadership group. You can find out about their goals and vision for the organisation, as well as assess their strengths and weaknesses.
     

How to Invest in Tata Share?

Here’s how to invest in the market share of Tata Group: 

Step 1: Open a Demat and Trading Account
Open a Demat and trading account with a registered brokerage firm like BlinkX. Opening this account is important for buying and selling stocks.

Step 2: Conduct Thorough Research
Do some research on every company that is a part of the Tata Group. Find out how they are financially performing, what their future holds, and what industry trends are.

Step 3: Fund Your Trading Account
After setting up your trade account, you can start adding money to it. Many brokers let you add funds through the web or by using digital ways. 

Step 4: Place Buy Orders
You can place buy orders through your brokerage platform to purchase shares of Tata Group companies. You just need to specify the number of shares you want to buy and the price at which you are willing to purchase them.

Step 5: Monitor Your Portfolio
Keep an eye on how your investments are doing and keep up with news from the companies, what's going on in the market, and any big changes that might affect your choices on whether to keep, buy more, or sell your shares. This way, you can make smart decisions based on what's happening.
 

Factors Affecting Tata Group Listed Companies

Here are some important factors you should consider before investing in the Tata Group shares list: 

  • Economic conditions: The companies of Tata Group, can have a major impact due to changes in India's economic growth especially the ones in the consumer and automotive sectors. There are many companies of Tata Group with global presence and that's why trade policies and international economic trends play an important role. 
  • Market competition: Market share and pricing power can be impacted by the level of competition in different sectors from consumer goods to IT services. The existing Tata companies can face challenges with the arrival of new competitors. 
  • Industry trends: The new regulations in sectors including steel, telecommunications, and the automobile industry can impact operations and profitability. The rate of innovation and acceptance of new technologies may have an impact on companies like Tata Consultancy Services (TCS) and Tata Motors.
  • Social and environmental factors: There can be better long-term prospects for companies that have strong sustainability practices. Strong corporate social responsibility can also improve the customer loyalty and reputation of the brand. 
     

Advantages & Disadvantages of Investing in the Tata Shares in India

Here are the advantages and disadvantages of investing in the Tata Group Shares:

Advantages

Disadvantages

Strong corporate governance and ethical business practices are two of the Tata Group's well-known attributes, which boost investor confidence.The share prices of the Tata Shares are subject to market and economic volatility.
Diversification through investments across a broad spectrum of businesses to lower risk.Due to cross-sector exposure, unfavourable circumstances in any one sector may affect total performance.
Many Tata businesses, such as Titian and TCS, have a history of achieving impressive financial results, including growth in both revenue and profit.Certain Tata shares may be trading at high valuations, making them expensive to purchase.
Tata firms maintain their competitiveness by significant investments in innovation and technology.Tata firms' global operations subject them to risks associated with the international market, including currency volatility and geopolitical difficulties.
Teams have a track record of success in management and leadership.Every industry faces different dangers (e.g., the automobile industry faces shifts towards electric vehicles).


Conclusion
Tata Group stocks are a smart buy due to its solid brand name, steady money results, and wide mix of businesses. With a focus on new ideas and fair work ways, Tata Group firms give good chances to invest. With the help of this blog, we have covered everything regarding what Tata stocks are all about. We have carefully examined the Tata Group shares list to help you understand how diverse and interesting they are. You can start investing in Tata Group shares today by downloading a share market app to buy and sell shares online.

FAQs for Tata Group Shares

To determine which shares are the best, you can examine the financial statements, and market leadership, take development potential into account, and evaluate the management effectiveness of Tata Group firms.

The Tata Group shares performance can be affected by several factors like social and environmental concerns, industry changes, market competition, and economic conditions.

Yes, as long as investors keep up with market developments, Tata Group shares can be a wise long-term investment due to their consistent performance, moral business conduct, and growth potential.

Yes, there are many Tata companies including Titan and TCS, that have a track record of delivering dividends on time, giving investors a reliable source of income.

We can monitor the performance of Tata shares by keeping a check on market trends, checking your portfolio regularly, keeping up with corporate news, and keeping note of any changes that might affect your investment choices.