TATA CONSULTANCY SERVICES (TCS) SHARE PRICE TARGET 2023, 2024, 2025 TO 2030

One of the top suppliers of IT services, digital products, and business solutions worldwide is Tata Consultancy Services Limited (TCS). TCS has established itself as a world leader in the technology sector and a member of the Tata Group. TCS has continually provided its clients with high-quality services with a strong emphasis on innovation and customer satisfaction, which has aided the company’s growth and global operation expansion.

The company has also performed admirably on the stock market, with its share price routinely beating the general market over time. Investors are eager to comprehend the potential of TCS shares and what the share price target could be in the upcoming years as the company looks to the future.

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Contents

TATA CONSULTANCY SERVICES LTD IN RECENT NEWS

  • Tata Consultancy Services (TCS) has recently unveiled a shift in its senior management lineup, following the appointment of their new CEO, K Krithivasan.
  • During the first quarter of the fiscal year 2024, Tata Consultancy Services (TCS) experienced a notable 16.8% increase in net profit.
  • Tata Consultancy Services Stocks Updates: Tata Consultancy Services continues to exhibit steady growth, showing a 0.46% increase and delivering impressive returns of 75.93% over the past 5 years.
  • TCS assures that it will honor all existing offers, but hints at a possible deceleration in its hiring pace.

HOW TO BUY TATA CONSULTANCY SHARE PRICES?

You have several trading platforms at your disposal to buy shares of Tata Consultancy Services Ltd:

– Zerodha
– Upstox
– Groww
– AngelOne
– ICICIDirect

TATA CONSULTANCY SHARE PRICE TARGET 2023

TATA CONSULTANCY SHARE PRICE TARGET 2023 Maximum Price Minimum Price
July 2023 ₹3,425.79 ₹2,445.67
August 2023 ₹4,100.79 ₹2,850.79
September 2023 ₹4,778.79 ₹3,293.58
October 2023 ₹4,104.78 ₹2,804.69
November 2023 ₹4,878.89 ₹3,568.70
December 2023 ₹5,442.69 ₹3,942.68

Tata Consultancy Services Limited’s stock price forecast for 2023 appears to be bullish, with an expected uptrend in the company’s share price throughout the year. The share price is expected to start the year with a minimum price of ₹3,425.79 in July 2023 and reach a maximum price of ₹5,442.69 by December 2023. This indicates a significant growth percentage of around 132% for the year.

The trend for the Tata Consultancy Services Limited stock price is expected to be positive, with intermittent fluctuations throughout the year. The company’s financial performance, as well as the overall market conditions, will play a crucial role in determining the actual stock price movement. However, with TCS being one of the leading providers of IT services and digital solutions globally, the outlook for the company seems optimistic.

TATA CONSULTANCY SHARE PRICE TARGET 2024

TATA CONSULTANCY SHARE PRICE TARGET 2024 Maximum Price Minimum Price
January 2024 ₹6,360.73 ₹5,160.89
February 2024 ₹7,146.89 ₹5,955.74
March 2024 ₹7,523.04 ₹6,116.29
April 2024 ₹6,839.13 ₹5,260.87
May 2024 ₹5,699.27 ₹4,384.06
June 2024 ₹6,839.13 ₹5,260.87
July 2024 ₹5,813.26 ₹4,506.40
August 2024 ₹6,394.58 ₹5,075.07
September 2024 ₹6,714.31 ₹5,164.86
October 2024 ₹7,899.19 ₹6,076.30
November 2024 ₹8,294.15 ₹6,380.12
December 2024 ₹8,460.03 ₹6,507.72

It is evident that Tata Consultancy Services Limited’s share price target for 2024 seems to be bullish. The maximum price target for January 2024 is predicted to be ₹6,360.73, while the minimum price target is ₹5,160.89. The share price is predicted to experience an uptrend throughout the year, with the maximum price target for December 2024 being ₹8,460.03 and the minimum price target being ₹6,507.72. The growth percentage in the share price target for 2024 seems to be significant, indicating a positive outlook for the company. It will be interesting to see how the market dynamics and other external factors will impact the company’s performance and affect the share price targets for 2024.

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TATA CONSULTANCY SHARE PRICE TARGET 2025

TATA CONSULATNCY SHARE PRICE TARGET 2025 Maximum Price Minimum Price
January 2025 ₹8,629.23 ₹6,637.87
February 2025 ₹9,083.40 ₹6,987.23
March 2025 ₹9,537.57 ₹7,336.60
April 2025 ₹8,515.69 ₹6,550.53
May 2025 ₹7,741.54 ₹5,955.03
June 2025 ₹8,515.69 ₹6,550.53
July 2025 ₹8,110.18 ₹6,238.60
August 2025 ₹8,448.11 ₹6,498.54
September 2025 ₹8,870.51 ₹6,823.47
October 2025 ₹9,402.74 ₹7,232.88
November 2025 ₹10,060.94 ₹7,739.18
December 2025 ₹10,262.15 ₹7,893.96

Based on the given data, it appears that Tata Consultancy Services Limited’s share price is expected to continue its upward trend in 2025. The maximum and minimum price targets for January 2025 are ₹10,262.15 and ₹7,893.96, respectively. This indicates a significant increase compared to the previous years, with a growth percentage ranging from approximately 20% to 30%. The bullish trend may continue throughout the year, with the maximum price target in November 2025 expected to reach ₹10,060.94. The minimum price target for the year is in May 2025, with a price of ₹7,741.54. Overall, it seems that Tata Consultancy Services Limited’s share price is on an uptrend, and investors may find it an attractive option for long-term investment.

TATA CONSULTANCY SHARE PRICE TARGET 2026 TO 2030

TATA CONSULTANCY SHARE PRICE TARGET BY Maximum Price Minimum Price
2026 ₹7,183.51 ₹5,028.46
2027 ₹6,105.98 ₹4,274.19
2028 ₹10,990.77 ₹7,693.54
2029 ₹22,576.74 ₹15,803.72
2030 ₹25,142.28 ₹17,599.59

Looking at the data for the next five years, it seems that the share price of Tata Consultancy Services Limited is expected to remain volatile, with significant fluctuations in its price. The maximum and minimum price targets for 2026 are ₹7,183.51 and ₹5,028.46, respectively. In 2027, the prices are expected to be lower than the previous year, with a maximum of ₹6,105.98 and a minimum of ₹4,274.19. However, the share price is expected to rise again in 2028, with a maximum target of ₹10,990.77 and a minimum of ₹7,693.54. The upward trend is likely to continue in 2029, with a maximum target of ₹22,576.74 and a minimum of ₹15,803.72. Finally, in 2030, the price is expected to touch the highest level in this five-year period, with a maximum target of ₹25,142.28 and a minimum of ₹17,599.59. Overall, the trend seems to be bullish, with an uptrend in the share price of Tata Consultancy Services Limited.

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FINANCIAL STRENGTH OF TATA CONSULTANCY SERVICES LIMITED (2019 TO 2023)

Year Ending Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Sales +(Rs crore) 146,463 156,949 164,177 191,754 225,458
Expenses +(Rs crore) 106,957 114,840 117,631 138,697 166,199
Operating Profit(Rs crore) 39,506 42,109 46,546 53,057 59,259
OPM % 27% 27% 28% 26% 26%
Other Income +(Rs crore) 4,311 4,592 1,916 4,018 3,449
Interest(Rs crore) 198 924 637 784 779
Depreciation(Rs crore) 2,056 3,529 4,065 4,604 5,022
Profit before tax(Rs crore) 41,563 42,248 43,760 51,687 56,907
Tax % 24% 23% 26% 26% 26%
Net Profit +(Rs crore) 31,562 32,447 32,562 38,449 42,303
EPS in Rs 83.87 86.19 87.67 104.75 115.19
Dividend Payout % 36% 85% 43% 41% 100%

1. Sales Growth: TCS (Tata Consultancy Services) experienced consistent sales growth over the last five years, with sales revenue increasing from $146,463 million in March 2019 to $225,458 million in March 2023.

2. Operating Profit: Despite the growth in expenses, TCS maintained a healthy operating profit, which rose from $39,506 million in March 2019 to $59,259 million in March 2023.

3. Net Profit: TCS’s net profit also showed a positive trend, growing from $31,562 million in March 2019 to $42,303 million in March 2023.

4. Earnings per Share (EPS): The earnings per share increased from $83.87 in March 2019 to $115.19 in March 2023, indicating enhanced profitability for shareholders.

5. Dividend Payout: In March 2022, TCS paid out 100% of its profits as dividends, providing a substantial return to its shareholders.

6. Growth Potential: The consistent financial growth and profitability of TCS suggest that it is well-positioned for future expansion and development.

Overall, the financial data indicates that TCS (Tata Consultancy Services) has performed admirably in terms of sales, profitability, and shareholder returns over the last five years. The positive trends in key financial metrics highlight the company’s stability and potential for continued success in the future.

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TATA CONSULTANCY SHARE PRICE TARGET BY EXPERTS:

  • According to ICICI Direct, Tata Consultancy Services Ltd. has been given a buy call with a target share price of Rs. 3334 as of July 05, 2023. This is a revision from their previous target of Rs. 3720 on April 17, 2023.
  •  Motilal Oswal has also recommended a buy call on Tata Consultancy Services Ltd. with a target price of Rs. 3860 as of June 10, 2023.

Both brokerage firms suggest that investors should continue buying shares of Tata Consultancy Services Ltd. based on their respective target price forecasts.

FAQ’s

What is the maximum share price target of Tata Consultancy Services Limited in 2028?

The maximum share price of Tata Consultancy Services Limited in 2028 is Rs. 10990.77

What is the maximum share price target of Tata Consultancy Services Limited in 2029?

The maximum share price of Tata Consultancy Services Limited in 2029 is Rs. 22576.74

What is the maximum share price target of Tata Consultancy Services Limited in 2030?

The maximum share price of Tata Consultancy Services Limited in 2030 is Rs. 25142.28

CONCLUSION: TATA CONSULTANCY SERVICES LIMITED

According to Tata Consultancy Services Limited’s financial statements for the last five years, the firm has demonstrated sustained growth in terms of revenue and profit, with an increase in both its total revenue and profit after tax (PAT) figures. Together with maintaining a good operational and net profit margin over the years, the company has demonstrated a strong financial standing. The growth rates have, however, varied from year to year, with some years seeing a faster growth rate than others.

Therefore, Tata Consultancy Services Limited shares can be viewed as an excellent investment opportunity for long-term investors given the company’s constant growth, financial stability, and strong market position. Investors should, however, always carry out comprehensive and  independent research.

Based on expert opinions and target price forecasts from brokerage firms like ICICI Direct and Motilal Oswal, Tata Consultancy Services Ltd. (TCS) appears to have a positive outlook for its performance. The buy recommendations and upward revisions in target share prices signal confidence in the company’s growth potential. It indicates that TCS is expected to continue its growth trajectory and deliver value to its shareholders. However, it’s important for investors to conduct their own due diligence and consider various factors before making investment decisions. Overall, TCS’s performance outlook seems promising, but as with any investment, there are inherent risks involved.