TATA CONSULTANCY SERVICES LIMITED SHARE PRICE TARGET 2023 TO 2030: CAN TATA CONSULTANCY REACH 50,000 INR?

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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TATA CONSULTANCY SERVICES LTD IN RECENT NEWS

  • The collaboration between SpeakIn and Tata Consultancy Services aims to introduce TCS Asia Dialogues to the Southeast Asian region.
  • According to TCS, generative AI, such as ChatGPT, will serve as a co-worker and not a replacement for jobs.
  • A report by TCS and Microsoft highlights significant shortcomings in Scope 3 across various areas.

TATA CONSULTANCY SHARE PRICE TARGET 2023

TATA CONSULTANCY SHARE PRICE TARGET 2023 Maximum Price Minimum Price
March 2023 ₹3,377.95 ₹2,598.42
April 2023 ₹3,715.75 ₹2,858.27
May 2023 ₹3,096.45 ₹2,381.89
June 2023 ₹3,715.75 ₹2,858.27
July 2023 ₹4,458.89 ₹3,429.92
August 2023 ₹4,904.78 ₹3,772.91
September 2023 ₹5,150.02 ₹3,961.56
October 2023 ₹4,904.78 ₹3,772.91
November 2023 ₹5,395.26 ₹4,150.20
December 2023 ₹6,042.69 ₹4,648.23

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 ₹2,598.42 in March 2023 and reach a maximum price of ₹6,042.69 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 1037.03
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 ₹1,037.03. 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 (2018 TO 2022)

ANNUAL FY 2022 FY 2021 FY 2020 FY 2019 FY 2018
Total Revenue 1,95,772.00 1,67,311.00 1,61,541.00 1,50,774.00 1,26,746.00
Total Revenue Growth (%) 17.01 3.57 7.14 18.96 3.73
Total Expenses 1,44,085.00 1,22,333.00 1,19,293.00 1,09,211.00 92,654.00
Total Expenses Growth (%) 17.78 2.55 9.23 17.87 5.68
Profit after Tax (PAT) 38,327.00 32,430.00 32,340.00 31,472.00 25,826.00
PAT Growth (%) 18.18 0.28 2.76 21.86 -1.76
Operating Profit Margin (%) 27.36 27.78 27.50 28.51 27.73
Net Profit Margin (%) 19.98 19.75 20.60 21.48 20.97
Basic EPS (₹) 103.62 86.71 86.19 83.05 134.19

The financial bank statement of Tata Consultancy Services Limited shows steady growth in revenue and profit over the last five years. The total revenue has increased from ₹1,26,746 crores in FY 2018 to ₹1,95,772 crores in FY 2022, with a maximum revenue growth rate of 18.96% in FY 2019. The company has managed to maintain a high operating profit margin of around 27-28%, indicating efficient management of expenses. The net profit margin has also remained consistently above 19% during this period. The profit after tax (PAT) has grown steadily over the years, with a maximum growth rate of 21.86% in FY 2019. The basic EPS has also shown a positive trend, with a maximum value of ₹134.19 in FY 2018. The company’s growth is reflected in the increase in its market value and its reputation as a leader in the IT industry.

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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.