A well-known Indian multinational provider of IT services, consulting, and business solutions is Tata Consultancy Services Ltd (TCS). It belongs to the Tata Group, one of the biggest companies in India. TCS has a global footprint and works with clients in a range of industries, including manufacturing, banking, and financial services.
TCS has displayed remarkable stock market performance throughout the years, regularly producing positive financial results. Investors are therefore quite interested in the possible course of TCS’s share price in the upcoming years.
In this post, we’ll look at the variables that could have an impact on TCS’s share price target between 2023 and 2030. We will investigate the business’s historical performance and current market.
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TATA CONSULTANCY IN RECENT NEWS
- Despite a 3.2% increase this week, Tata Consultancy Services (NSE:TCS) is still experiencing slower earnings growth compared to its five-year shareholder returns.
- Tata Consultancy Services (TCS) is set to commence the Q4 earnings season on April 12, with plans to deliberate on a final dividend for FY23.
TCS SHARE PRICE TARGET 2023
|TCS SHARE PRICE TARGET 2023||Maximum Price||Minimum Price|
The maximum and minimum share price targets for Tata Consultancy Services in 2023 vary across each month, highlighting the potential range of variability and uncertainty in market conditions. In April 2023, the maximum share price target is ₹3,220.70 and the minimum target is ₹2,477.46. However, the share price is expected to decline in May 2023, with a maximum target of ₹2,683.92 and a minimum target of ₹2,064.55. The share price is expected to rebound in June 2023, with the same maximum and minimum targets as in April 2023. The share price is then expected to increase in July, August, September, and November 2023, with the maximum targets reaching ₹3,864.84, ₹4,251.32, ₹4,463.89, and ₹4,676.46, respectively. The share price is expected to stabilize in October 2023, with the same maximum and minimum targets as in August 2023. Finally, in December 2023, the share price is expected to reach its highest level of the year, with a maximum target of ₹5,237.63 and a minimum target of ₹4,028.95.
TCS SHARE PRICE TARGET 2024
|TCS SHARE PRICE TARGET 2024||Maximum Price||Minimum Price|
The share price target for Tata Consultancy Services in 2024 shows a potential for a fluctuating market. In January 2024, the maximum share price target is expected to be ₹5,513.30, while the minimum target is ₹1,037.03. The share price target in February and March 2024 sees an upward trend, with the maximum target reaching ₹6,194.71 and ₹6,520.75, respectively. April and May 2024, however, sees a decline in the share price, with the maximum target dropping to ₹5,927.96 in both months. The share price target in June 2024 rebounds to the same level as April 2024, indicating potential recovery. The maximum target in July 2024 is ₹5,038.76, while the minimum target is ₹3,906.02. In August and September 2024, the share price target is expected to increase further, with the maximum target reaching ₹5,542.64 and ₹5,819.77, respectively. In October and November 2024, the maximum share price target is expected to increase significantly, reaching ₹6,846.79 and ₹7,189.13, respectively. The share price target in December 2024 is expected to be at its highest for the year, with the maximum target reaching ₹7,332.91 and the minimum target at ₹5,640.70.
TCS SHARE PRICE TARGET 2025
|TCS SHARE PRICE TARGET 2025||Maximum Price||Minimum Price|
According to the table provided, the maximum and minimum share price targets for TCS in 2025 are ₹8,894.94 and ₹5,161.65, respectively. The share price target for January 2025 is expected to range between ₹7,479.57 and ₹5,753.52. The following two months, February and March 2025, are expected to see an increase in the share price target, with a maximum of ₹8,266.89 and a minimum of ₹6,359.15 in March. However, April and May 2025 are expected to see a decline in the share price target, with a maximum of ₹7,381.15 and a minimum of ₹5,161.65 in May. The share price target is expected to rebound in June 2025 to a maximum of ₹7,381.15 and a minimum of ₹5,677.81. The following months, July and August, are expected to see a gradual increase in the share price target, with a maximum of ₹7,322.57 and ₹7,688.70 in August. The share price target is expected to continue to increase in September and October, with a maximum of ₹8,150.02 in October. Finally, November and December 2025 are expected to see a significant increase in the share price target, with a maximum of ₹8,720.53 in November and ₹8,894.94 in December.
TCS SHARE PRICE TARGET 2026 TO 2030
|TCS SHARE PRICE TARGET BY||Maximum Price||Minimum Price|
According to the data provided, the TCS share price target for 2026 is expected to be between ₹6,226.46 and ₹4,358.52. In 2027, the maximum price is expected to be around ₹5,292.49 and the minimum price around ₹3,704.74. Moving on to 2028, the TCS share price target is expected to have a significant increase with the maximum price projected to reach ₹9,526.48 and the minimum price around ₹6,668.53. The trend is expected to continue in 2029 with the maximum price projected to be ₹19,568.86 and the minimum price around ₹13,698.20. In the year 2030, the TCS share price target is projected to remain on an upward trajectory with the maximum price expected to reach ₹21,792.60 and the minimum price around ₹15,254.82.
FINANCIAL STRENGTH OF TATA CONSULTANCY SERVICES LTD (2018 TO 2022)
|ANNUAL||FY 2022||FY 2021||FY 2020||FY 2019||FY 2018|
|Total Revenue Growth (%)||17.01||3.57||7.14||18.96||3.73|
|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|
Tata Consultancy Services (TCS) has been showing consistent growth over the past five years. The company’s total revenue has increased steadily from ₹1,26,746 crores in FY 2018 to ₹1,95,772 crores in FY 2022, with a remarkable growth rate of 17.01%. This growth in revenue has been accompanied by a proportionate increase in expenses, which have grown at a rate of 17.78%. However, TCS has managed to maintain a healthy operating profit margin of around 27% and a net profit margin of around 20%, indicating the efficiency of its operations. The profit after tax (PAT) has also seen a consistent increase, from ₹25,826 crores in FY 2018 to ₹38,327 crores in FY 2022, with a growth rate of 18.18%. The company has managed to maintain a basic earnings per share (EPS) of over ₹100, indicating the profitability of its business. Overall, TCS has shown steady growth in revenue, expenses, and profit over the years, with consistently positive PAT and EPS, indicating its strength in the market.
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What is the maximum share price target of Tata Consultancy Services Ltd in 2026?
The maximum share price target of Tata Consultancy Services Ltd in 2026 is Rs. 6226.46
What is the maximum share price target of Tata Consultancy Services Ltd in 2027?
The maximum share price target of Tata Consultancy Services Ltd in 2027 is Rs. 5242.49
What is the maximum share price target of Tata Consultancy Services Ltd in 2028?
The maximum share price target of Tata Consultancy Services Ltd in 2028 is Rs. 9526.48
What is the maximum share price target of Tata Consultancy Services Ltd in 2029?
The maximum share price target of Tata Consultancy Services Ltd in 2029 is Rs. 19568.86
What is the maximum share price target of Tata Consultancy Services Ltd in 2030?
The maximum share price target of Tata Consultancy Services Ltd in 2030 is Rs. 21792.60
CONCLUSION: TATA CONSULTANCY SERVICES LTD SHARE PRICE TARGET
TCS has showed constant growth in terms of total revenue, profit after tax (PAT), and operational profit margin based on financial statements from the previous five years. Positive development has also been seen in the percentage of overall sales, which during the previous five years has averaged around 9.28%. The PAT growth rate was likewise favourable, averaging 8.74% over the same time frame. It is crucial to remember that over the previous few years, the growth percentage for both total sales and PAT has been declining. TCS has demonstrated good financial stability in spite of this, with a consistent net profit margin and basic earnings per share (EPS).