Tata Teleservices Share Price: Tata Teleservices is a company that has caught the attention of both investors and analysts. With its strong association with the Tata Group, the company has immense potential, but is it the right time to invest?
If you are curious about Tata Teleservices stock price targets for 2024 to 2030, this blog will provide a detailed analysis of the company’s performance, growth prospects, and expert estimates. Let’s take a look at the statistics and factors that will shape its future so that you can make an informed decision.
Tata Teleservices Company Overview
Founded in 1996, the company initially made its mark in mobile telephony and has since evolved into providing business services such as IoT solutions, cloud communications, and enterprise connectivity.
Despite the challenges in the telecom sector, Tata Teleservices has continued to innovate and adapt, focusing on emerging technologies to strengthen its market position.
Let’s take a look at how these efforts could impact its stock price in the coming years.
| Company Name | Tata Teleservices Ltd. |
| Founded | 1996 |
| Headquarters | Mumbai |
| Industry | IT services |
| CEO | Harjit Singh |
| Stock Exchange Listing | NSE & BSE |
| Official Website | tatatelebusiness.com |
Tata Teleservices Fundamental Analysis
| Metric | Value |
|---|---|
| Market Cap | ₹15,868.15 Cr. |
| ROE | 0% |
| ROCE | 53.41% |
| P/E | 0 |
| P/B | 0 |
| Div. Yield | 0% |
| Book Value | ₹-101.83 |
| Face Value | ₹10 |
| EPS (TTM) | ₹-6.50 |
| 52 Week High | ₹111.48 |
| 52 Week Low | ₹65.29 |
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Tata Teleservices Financials
Income Statement
| (INR) | 2024 | Y/Y Change |
|---|---|---|
| Revenue | 11.92B | 7.73% |
| Operating expense | 1.76B | 0.81% |
| Net income | -12.28B | -7.31% |
| Net profit margin | -103.09 | 0.38% |
| Earnings per share | — | — |
| EBITDA | 4.85B | 6.28% |
| Effective tax rate | — | — |
Balance Sheet
| (INR) | 2024 | Y/Y Change |
|---|---|---|
| Cash and short-term investments | 667.60M | -17.19% |
| Total assets | 13.07B | 7.95% |
| Total liabilities | 205.60B | 1.45% |
| Total equity | -192.53B | — |
| Shares outstanding | 1.95B | — |
| Price to book | -0.70 | — |
| Return on assets | 18.95% | — |
| Return on Capital | 29.64% | — |
Cash Flow
| (INR) | 2024 | Y/Y Change |
|---|---|---|
| Net income | -12.28B | -7.31% |
| Cash from operations | 5.86B | 5.02% |
| Cash from investing | -644.60M | 2.63% |
| Cash from financing | -5.03B | -1.83% |
| Net change in cash | 182.00M | 830.92% |
| Free cash flow | -6.43B | -3.99% |
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Tata Teleservices Share Price Target 2024 to 2030
| Year | Target Price |
|---|---|
| Tata Teleservices Share Price Target 2024 | ₹125 |
| Tata Teleservices Share Price Target 2025 | ₹151 |
| Tata Teleservices Share Price Target 2026 | ₹173 |
| Tata Teleservices Share Price Target 2027 | ₹187 |
| Tata Teleservices Share Price Target 2028 | ₹203 |
| Tata Teleservices Share Price Target 2029 | ₹230 |
| Tata Teleservices Share Price Target 2030 | ₹261 |
Tata Teleservices Shareholding Pattern
- Retail & Other: 23.16%
- Promoters: 74.36%
- Foreign Institution: 2.39%
- Mutual Funds: 0.08%
- Other Domestic Institution: 0.01%
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Tata Teleservices Competitors/Peer Companies
- Bharti Airtel
- Bharti Hexacom
- Tata Communications
- Railtel Corporation
- Nazara Technologies
- MTNL
- Hathway Cable
- Nelco
- Vodafone Idea
- Onmobile Global
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Conclusion
Tata Teleservices offers a promising future, driven by its collaboration with the renowned Tata Group and its focus on innovation in emerging technologies. While the company’s financials reflect some challenges, its long-term growth prospects and strategic position in the IT and telecom sectors could positively influence its share price.
For investors looking to invest in Tata Teleservices, it is important to remain aware of market trends and expert insights. As the company continues to adapt to changes in the industry, its shares could provide potential growth in the years to come. Always conduct thorough research and consult a financial advisor before making any investment decision.
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FAQs
-
Is TTML a good buy for long term?
Yes.
-
What is the future of Tata Teleservices Share?
It will grow.
-
Can we buy Tata Teleservices share?
Yes.
-
Is TTML debt free?
No.
-
Is TTML stock undervalued or overvalued?
Overvalued.
Disclaimer: The information in this blog is for educational purposes only, and the targets mentioned in it are given as suggestions by market analysts. Therefore, before investing your money in any company, it is mandatory to get complete information about the company and consult your financial advisor.
