Thinking about investing in Tata Technologies and wondering how much its shares might be worth in the future? This article provides a comprehensive analysis of Tata Technologies share price targets for the years 2024, 2025, 2026, 2027, 2028, 2029, 2030, 2040, 2050.
In the world of investing, people are often curious about where a company’s stock might be headed. Tata Technologies, a part of the well-known Tata Group, is getting a lot of attention from investors. The Tata Group is a big deal in business, especially in Asia.
Tata Technologies Overview
Tata Technologies, known by its stock symbol TATATECH, is a prominent player in the field of Technologies & Engineering. Established in 1989 and headquartered in Pune, Maharashtra, India, the company has made a significant mark globally, especially in design and engineering. It offers various services like Design and Engineering, Product Development, and Product Lifecycle Management, reflecting its focus on innovation and advanced solutions.
Operating through 18 delivery centers in India, Tata Technologies demonstrates its commitment to delivering top-notch services globally. Its website, tatatechnologies.com, serves as a platform to showcase its wide-ranging expertise and dedication to technological progress.
TATA Technologies Share Overview in Tabular form
| Share Name | TATA Technologies |
|---|---|
| Founded in | 1989 |
| Headquarters | Pune,Ā Maharashtra |
| Ticker Symbol | Ā TATATECH |
| Country | India (NSE, BSE) |
| Market Cap | ā¹41,417 Cr |
| Revenue | Ā ā¹4,414 Cr(FY23) |
| Official Website | www.tatatechnologies.com |
| Sector | Ā Product development and digital transformation solutions |
| Industry | Ā Product engineeringĀ |
| CEO | Warren Kevin Harris |
Tata Technologies Share Price Target 2024, 2025, 2026, 2027, 2028, 2029, 2030, 2040, 2050
| Year | Minimum Price (IN RUPEES) | Maximum Price (IN RUPEES) | Average Trading Price (IN RUPEES) |
|---|---|---|---|
| 2024 | ā¹1,350 | ā¹1,550 | ā¹1,450 |
| 2025 | ā¹1,600 | ā¹2,026 | ā¹1,813 |
| 2026 | ā¹1,950 | ā¹2,586 | ā¹2,268 |
| 2027 | ā¹2,400 | ā¹3,264 | ā¹2,832 |
| 2028 | ā¹3,000 | ā¹4,080 | ā¹3,540 |
| 2029 | ā¹3,800 | ā¹4,850 | ā¹4,425 |
| 2030 | ā¹4,600 | ā¹6,462 | ā¹5,531 |
| 2040 | ā¹7,500 | ā¹10,526 | ā¹9,013 |
| 2050 | ā¹12,000 | ā¹19,612 | ā¹15,806 |
This table provides a clear overview of the projected minimum, maximum, and average trading prices for Tata Technologies shares from 2024 to 2050.
Tata Technologies Share Price Target 2024
In 2024, Tata Technologies shares are expected to range from ā¹1,350 to ā¹1,550, with an average trading price around ā¹1,450.
Tata Technologies Share Price Target 2025
For the year 2025, the price of Tata Technologies shares is anticipated to fluctuate between ā¹1,600 and ā¹2,026, with an average trading price of ā¹1,813.
Tata Technologies Share Price Target 2026
In 2026, Tata Technologies shares are projected to range from ā¹1,950 to ā¹2,586, with an average trading price around ā¹2,268.
Tata Technologies Share Price Target 2027
Anticipations for 2027 suggest Tata Technologies shares could vary between ā¹2,400 and ā¹3,264, with an average trading price expected around ā¹2,832.
Tata Technologies Share Price Target 2028
By 2028, Tata Technologies shares are estimated to range from ā¹3,000 to ā¹4,080, with an average trading price projected at ā¹3,540.
Tata Technologies Share Price Target 2029
In 2029, Tata Technologies shares may vary between ā¹3,800 to ā¹4,850, with an average cost estimated at ā¹4,425.
Tata Technologies Share Price Target 2030
Looking ahead to 2030, Tata Technologies shares could range from ā¹4,600 to ā¹6,462, with an average trading price around ā¹5,531.
Tata Technologies Share Price Target 2040
For the year 2040, Tata Technologies shares are expected to have a range of ā¹7,500 to ā¹10,526, with an average price of approximately ā¹9,013.
Tata Technologies Share Price Target 2050
In the long term, by 2050, Tata Technologies shares may range from ā¹12,000 to ā¹19,612, with an average projected price of ā¹15,806.
These projections provide insights into potential price movements but should be interpreted with caution, considering market dynamics and unforeseen events that could impact stock prices.
Financial information of TATA technology
Tata Technologies, a leading global engineering services company based in Pune, India, announced its financial results for the quarter ending December 31, 2023. Despite facing typical seasonal challenges, the company demonstrated impressive growth and resilience:
- Revenue Growth: Total operating revenue increased by 14.7% year-over-year to ā¹12,895 million, with a 1.6% quarterly growth. In USD terms, total operating revenues grew by 13.4% year-over-year to $154.8 million.
- Segment Performance: The Services segment revenue rose by 8.3% year-over-year to $120.2 million, showing consistent growth in diverse markets.
- Operational Efficiency: Operating EBITDA reached ā¹2,366 million, with an operating EBITDA margin of 18.3%, a significant 140-basis-point increase from the previous quarter.
- Profitability: The company reported a net income of ā¹1,702 million, with a net margin of 13.2%, highlighting its ability to maintain profitability.
- Human Capital Management: Tata Technologies added 172 employees during the quarter, bringing the total workforce to 12,623. Additionally, there was a notable sequential improvement in attrition.
- Strategic Investments and Recognition: CEO Warren Harris highlighted strategic investments in relationships for future growth, with several large deals won during the quarter. The company received accolades, including being rated highly among global Automotive Engineering Service Providers by Zinnov Zones 2023.
FAQ about Tata Technologies share
What is the IPO price of Tata Technologies?
The IPO price of Tata Technologies is ā¹500.
Is tata technologies overvalued?
In the Base Case scenario, the intrinsic value of one TATATECH stock is assessed at 659.93 INR. Comparatively, with the current market price at 1,134.70 INR, Tata Technologies Ltd is deemed overvalued by 42%.
Is Tata Technologies worth buying?
Tata Technologies presents a promising long-term opportunity. With a current market price (CMP) of Rs 1,337, the stock trades at a P/E multiple of 75.6x, aligning well with its peers. As such, short-term investors are advised to consider booking profits, while long-term investors may find it beneficial to maintain their investment.
Is Tata Technologies a good company?
Yes, Tata Technologies is considered a reputable company. It is owned by the Tata Group.Tata Technologies has an overall rating of 3.8 out of 5.
Can Tata Technologies become a multi-bagger?
Yes, Tata Technologies has the potential to become a multi-bagger in 5 years.
Final Thoughts on Tata Technologies share price target
This article covers Tata Technologies share price history and gives us a peek into their targets for 2024, 2025, 2026, 2027, 2028, 2029, 2030, 2040, and 2050. It seems like Tata Technologies is headed for growth, with both short-term and long-term targets looking positive. But remember, the stock market is unpredictable, and there are always risks. It’s essential for investors to do their homework before jumping in.
As we watch Tata Technologies’ journey unfold, it’s clear that the stock market is full of ups and downs. Keep an eye on how Tata Technologies keeps innovating and shaping the tech world.