Tata Technologies Ltd (NSE: TATATECH): Previous week saw a drop in the stock market.
A renowned expert has opted for the Tata Group’s Multi-baggers Tata Technologies and Dilip Buildcon for investors who are looking to invest in the short term and also for the long term.
Tata Technologies Share Price Target
Tata Technologies’ IPO came just recently, and after that, an extremely bull run was observed in it. previous week, the share traded at Rs 1130.
A short-term target of Rs 1200 as well as a stop loss of 1095 were set. The quality of the company is outstanding.
It’s a household brand in the automobile business. The main revenue source of JLR comes from JLR which is showing steady growth.
In addition, more than 50 auto manufacturers are customers.
Tata Technologies’ IPO Came At Rs 500
The 52-week peak for Tata Technologies is Rs 1,400 which is also their record high.
The 52-week low for Tata Technologies is 500 rupees, which is also the issue price. The company’s IPO was held in November 2023.
The price for the IPO at Rs 500 was set at 1199 rupees. Then, it increased to 1,400 rupees. After the correction of the Rs 215, it is all set for a fresh increase.
Dilip Buildcon Share Price Target
The second recommendation of analysts is Dilip Buildcon. The share was trading for Rs 412 in the week. It’s an infra and construction company.
Its Q3 results are scheduled to be released today. The goal for the short term is set at Rs 430, while the stop loss of Rs 390.
This firm is involved in a variety of kinds of infrastructure projects like highways, roads, airports as well as irrigation and metro.
The order book is with a value of more than Rs 24000 crore. There have been dramatic improvements in performance in the past few quarters.
In this situation, it is expected to see good results. The 52-week high of this stock is 439 rupees, and the low is 159.
About Tata Technologies Ltd Company
Tata Technologies Ltd is an engineering service provider that provides the development of products as well as digital services, such as turnkey solutions for OEMs (OEMs) along with their Tier-1 suppliers.
It aims to add value for its customers by aiding them in developing more secure products, as well as cleaner and enhance the quality of living of their customers.
It is a specialist in the field of automotive and uses this knowledge to support its clients in other industries like aerospace and transportation as well as construction machinery.
As a company, it brings together teams from all over the globe with a variety of capabilities to work together in real time and resolve complicated engineering problems for its customers.
Tata Technologies has its headquarters in Pune and its regional offices in America.
Fundamental Analysis of Tata Technologies Ltd
| Market Cap | ₹ 45,853 Cr. |
| Current Price | ₹ 1,133.45 |
| 52-wk High | ₹ 1,400 |
| 52-wk Low | ₹ 1,071.05 |
| Stock P/E | 73.5 |
| Book Value | — |
| Dividend | 0.00 % |
| ROCE | 28.1 % |
| ROE | 23.7 % |
| Face Value | ₹ 2.00 |
| P/B Value | — |
| OPM | 18.6 % |
| EPS | ₹ 15.4 |
| Debt | ₹ 255 Cr. |
| Debt to Equity | 0.09 |
Tata Technologies Share Price Target 2024 To 2030
| Year | 1st Target | 2nd Target |
| 2024 | ₹1387 | ₹1987 |
| 2025 | ₹2100 | ₹2215 |
| 2026 | ₹2316 | ₹2675 |
| 2027 | ₹2765 | ₹2900 |
| 2028 | ₹2950 | ₹3100 |
| 2029 | ₹3200 | ₹3432 |
| 2030 | ₹3543 | ₹3657 |
Tata Technologies Ltd Shareholding Pattern
| Promoters Holding | |
| Dec 2023 | 55.39% |
| FII Holding | |
| Dec 2022 | 2.02% |
| DII Holding | |
| Dec 2023 | 2.50% |
| Public Holding | |
| Dec 2023 | 40.09% |
Tata Technologies Ltd Share: Last 5 Years’ Financial Condition
To gain a better understanding of how the market is performing, let’s look at the outlook of this share in the previous years.
However, investors should be aware of the risks and the market conditions before making any investment decision.
Last 5 Years’ Sales:
| 2019 | ₹ 2,942 Cr |
| 2020 | ₹ 2,852 Cr |
| 2021 | ₹ 2,381 Cr |
| 2022 | ₹ 3,530 Cr |
| 2023 | ₹ 4,414 Cr |
Last 5 Years’ Net Profit:
| 2019 | ₹ 353 Cr |
| 2020 | ₹ 252 Cr |
| 2021 | ₹ 239 Cr |
| 2022 | ₹ 437 Cr |
| 2023 | ₹ 624 Cr |
Last 5 Years’ Debt-To-Equity Ratio:
| 2019 | 0 |
| 2020 | 0 |
| 2021 | 0 |
| 2022 | 0 |
| 2023 | 0 |
Last 10 Years’ Profit Growth:
| 10 Years: | — |
| 5 Years: | — |
| 3 Years: | 34% |
| Current Year: | 43% |
Last 10 years’ Return on Equity (ROE):
| 10 Years: | — |
| 5 Years: | — |
| 3 Years: | 19% |
| Last Year: | 24% |
Sales Growth Over 10 Years:
| 10 Years: | — |
| 5 Years: | — |
| 3 Years: | 16% |
| Current Year: | 25% |
Conclusion
This article is a complete guide about Tata Technologies Ltd Share.
These information and forecasts are based on our analysis, research, company fundamentals and history, experiences, and various technical analyses.
Also, We have talked in detail about the share’s future prospects and growth potential.
Hopefully, these informations will help you in your further investment.
If you are new to our website and want to get all the latest updates related to the stock market, join us on Telegram Group.
If you have any further queries, please comment below. We will be happy to answer all your questions.
If you like this information, share the article with as many people as possible.
