TTML Share Price Target: Hello friends, today through this post we will tell you what will be the TTML Share Price Target till 2024, 2025, 2026, and 2030, and how much return will it give in the coming time, this the right time to invest in the share price of TTML or not? We will give complete information about this, so stay with this post.
TTML (Tata Teleservices), one of the largest companies of Tata Group, works in the telecom service business. How will this company perform from 2023 to 2050? Today we are going to know through this post that in the last few years, TTML Share Price has shown great performance. The return has been given.
In this post, we will not only look at what will be the TTML Share Price Target tomorrow, apart from this, we will also look at the company’s business model, fundamentals, the current performance of the company, what the plan of TTML in the future, so let’s read this article on TTML Share Price Target.
Overview of TTML (Tata Teleservices) Share Price
TTM Tally Service Company was started in 1995. It is a telecom communication company of Tata Group. At present its headquarters is located in Mumbai, Maharashtra. This company provides broadband, data services, enterprise solutions as well as SaaS security to various businesses.
In 2017, it was announced that TTML would be merged with Airtel, one of India’s largest companies, and the merger was completed in 2018.
Company Name | Tata Teleservices (Maharashtra) Limited |
Symbol | TTML |
Industry | Telecommunications |
Founded | 1995 |
CEO | Mr. Harjit Singh Chauhan |
Headquarters | Mumbai, Maharashtra, India |
Country | India |
Locations | Maharashtra, Goa, and Mumbai |
Website | tatateleservices.com |
Wikipedia Profile | Tata_Teleservices |
Fundamentals of Tata Teleservices Maharashtra LTD
If you are a new investor then I would like to advise you not to invest your money just by looking at the share price target of TTML Share Price Target 2025 or any other company. Rather, he must look at the company’s fundamental report, balance sheet as well as the technical analysis of the company.
This will give you complete information about how the company has performed in the last few years, what is the market cap of the company and what is the book value of the company at present. In the table given below, we have shared with you the fundamental report of Tata Teleservices Maharashtra LTD.
Market Cap | ₹19,258Cr |
P/B Ratio | 0.00 |
Debt to Equity | -1.04 |
ROE | 43.01% |
Dividend Yield | 0.00% |
Face Value | 10 |
P/E Ratio (TTM) | 0.00 |
Industry P/E | 112.79 |
EPS (TTM) | 0.00 |
Book Value | -127.82 |
TTML Share Price Target 2023, 2024, 2025, 2026, 2030, 2040, 2050
Through the information given above, you would have got information about what the share price of Tata Teleservices Maharashtra LTD will be in the coming time. In the table given below, we have given information about TTML’s Share Price Target from 2023 to 2050 so that how much it can go, if you are thinking of investing in TTML then definitely take a look at the table given below.
Year | Minimum Target | Maximum Target |
2023 | ₹110 | ₹130 |
2024 | ₹140 | ₹160 |
2025 | ₹180 | ₹200 |
2026 | ₹220 | ₹240 |
2027 | ₹260 | ₹280 |
2030 | ₹350 | ₹400 |
2035 | ₹500 | ₹600 |
2040 | ₹700 | ₹800 |
2050 | ₹1000 | ₹1200 |
TTML Share Price Target 2023
As I told you earlier, TTML is a subsidiary company of Tata Group which is currently working in the telecom industry. This company provides services to both B2B and B2C companies. If we look at the performance of the last few years, it is clear that TTML has not seen any significant growth in the B2C business, but the company has a good hold in the B2B business.
Due to good growth in the B2B business, the entire focus of the promoter and management is on this business model, and in the future, the company plans to launch the 5G service. Due to this TTML will cover 63 million users, if this is possible then the company’s share will increase rapidly in the future.
TTM company has a strong plan for the future, from this it can be estimated that the share price of the company can be seen around Rs 95 to Rs 110.
Year | TTML Share Price Target 2023 |
Minimum share price target | Rs 100 |
Maximum share price target | Rs 120 |
Average share price target | Rs 105 |
TTML Share Price Target 2024
At present, the biggest competitor of telecom companies in India is Reliance Industries. To give tough competition to its competitors, TTML has made major changes in its business model in the last few years and the company is using new technologies.
Recently the company has announced to provide a new service TTBS (Tata Tele Business Services). With this service, people will be given high-speed internet along with cloud security. The biggest benefit of this service will be to the enterprises who want to digitalize their business.
With time, security is becoming a big problem. The main objective of cloud security is to secure the data. In the future, this company will provide secure fast internet, cyber attack security, and many other small and big facilities, due to which the share price of the company will increase rapidly in the future.
The company itself is changing rapidly with time and technology due to which TTML Share Price Target can easily go from Rs 125 to Rs 155 by 2024. This is an estimated price. TTML Share Price may increase or decrease in the future.
Target 1 | Target 2 | |
January | ₹114 | ₹116 |
February | ₹119 | ₹120 |
March | ₹126 | ₹128 |
April | ₹136 | ₹140 |
May | ₹145 | ₹150 |
June | ₹152 | ₹160 |
July | ₹165 | ₹170 |
August | ₹172 | ₹180 |
September | ₹182 | ₹185 |
October | ₹191 | ₹192 |
November | ₹195 | ₹197 |
December | ₹199 | ₹204 |
TTML Share Price Target 2025
Being a subsidiary company of Tata Group, TTML has no dearth of funding and excellent promoters and this company is currently seen working in partnership with similar companies. Recently, TTML has partnered with Zoom, the best video calling company ever, to further improve the video communication service.
In the race for modern technology, TTML is seen partnering with better companies than itself. The company has many more plans in its future. Which has not been made public yet, as TTML partners with other best companies, gradually the TTML Share Price will also see an increase.
When partnering with other businesses, the companies also exchange technology with each other with Goodwill. Due to this, there is a positive impact on the share price of the partnering companies. Looking at the excellent business strategy of TTML, we can say that TTML Share Price Target can go from Rs 205 to ₹ 250 by 2025.
Target 1 | Target 2 | |
January | ₹209 | ₹212 |
February | ₹214 | ₹220 |
March | ₹221 | ₹224 |
April | ₹225 | ₹228 |
May | ₹229 | ₹232 |
June | ₹234 | ₹236 |
July | ₹239 | ₹242 |
August | ₹245 | ₹248 |
September | ₹251 | ₹255 |
October | ₹261 | ₹265 |
November | ₹271 | ₹275 |
December | ₹279 | ₹282 |
TTML Share Price Target 2026
In the last few years, all the Tata Group companies have given very good returns and despite this, the fundamentals of all the Tata Group companies are strong. Management plays an important role in the fundamental strength of any company. TTML and all the companies of Tata Group are working together like an ecosystem.
At present, TTML is focusing on different telecom services, and in the future, the company also has huge plans for 5G. As the company’s service improves and TTML offers different types of services to its users, the share price of TTML will certainly see a tremendous rise in the future.
The most special thing about TTML is that it is a subsidiary company of Tata Group and Tata Group has a good reputation in the market, the company just has to focus on its service, which is visible by looking at the activities of the company at present.
If the company provides the best facilities to its users in the future, then TTML’s Share Price Target will increase from Rs 220 to Rs 270 by 2026.
Target | |
January | ₹285 |
February | ₹295 |
March | ₹300 |
April | ₹308 |
May | ₹315 |
June | ₹321 |
July | ₹324 |
August | ₹328 |
September | ₹336 |
October | ₹342 |
November | ₹350 |
December | ₹352 |
TTML Share Price Target 2027
Target | |
January | ₹356 |
February | ₹361 |
March | ₹375 |
April | ₹382 |
May | ₹396 |
June | ₹400 |
July | ₹409 |
August | ₹415 |
September | ₹421 |
October | ₹431 |
November | ₹439 |
December | ₹442 |
TTML Share Price Target 2028
Target | |
January | ₹450 |
February | ₹465 |
March | ₹471 |
April | ₹485 |
May | ₹500 |
June | ₹510 |
July | ₹515 |
August | ₹519 |
September | ₹528 |
October | ₹536 |
November | ₹548 |
December | ₹556 |
TTML Share Price Target 2029
Target | |
January | ₹565 |
February | ₹579 |
March | ₹590 |
April | ₹600 |
May | ₹615 |
June | ₹625 |
July | ₹631 |
August | ₹641 |
September | ₹649 |
October | ₹658 |
November | ₹669 |
December | ₹678 |
TTML Share Price Target 2030
What will be the share price of any company in the future can be estimated by looking at the current activities and plans of the company. The time from 2023 to 2030 is quite long and with time the demand for internet and telecom services will also increase. TTML is engaged in connecting small and big industries with technology.
In the future, more new industries will come and old industries will want to digitalize themselves, due to which the demand for TTML’s service will increase at this time the company is busy updating its service with better technology, whose name will make the company famous in the coming time. Will get to see it.
TTML has very good plans regarding the future, the effect of which will be seen in the share price of the company by 2030. Talking about TTML Share Price Target 2030, by this time the share price of the company can go from ₹ 300 to ₹ 600.
Target | |
January | ₹685 |
February | ₹695 |
March | ₹705 |
April | ₹715 |
May | ₹725 |
June | ₹731 |
July | ₹739 |
August | ₹746 |
September | ₹760 |
October | ₹772 |
November | ₹790 |
December | ₹806 |
TTML Share Price Target 2035
We estimate that by 2035 the financial condition of the company will be very good and by this time the company will be able to provide excellent service to its clients with time all businesses will need digital facilities, and in such a situation there will be a high demand for TTML’s services. This is going to happen which will increase the TTML Share Price.
At present the company does not have any external debt but by 2023 the book value of the company is -127 which will improve in the coming time and the share price of the company will increase. TTML Share Price Target by 2035 will be from ₹600 to ₹700. This is a possible price, please do not make your investment decision based on this price.
Year | TTML Share Price Target 2035 |
Minimum share price target | Rs 345 |
Maximum share price target | Rs 600 |
Average share price target | Rs 400 |
TTML Share Price Target 2040
2040 | Target 1 | Target 2 |
₹1400 | ₹1500 |
TTML Share Price Target 2050
2050 | Target 1 | Target 2 |
₹1800 | ₹1850 |
Future of TTML Share Price
TTML is a subsidy company of Tata Group, this is the best thing for the company because people have a lot of faith in Tata Group, and TTML also has very good plans for future business, service, and technology of the company and even at present the company It is seen providing the best telecom service and security to its users.
Being a part of Tata Group, TTML has no dearth of excellent management and funding and this company is also going to provide the facility of cloud security along with 5G. There may be a big jump in the share price of TTML in the future.
Last 5 Year’s Performance of TTML
Last 5 Years’ Sales:
2019 | ₹1,277 Cr |
2020 | ₹1,078 Cr |
2021 | ₹1,044 Cr |
2022 | ₹1,094 Cr |
2023 | ₹1,134 Cr |
Last 5 Years’ Net Profit:
2019 | ₹-668 Cr |
2020 | ₹-3,714 Cr |
2021 | ₹-1,997 Cr |
2022 | ₹-1,215 Cr |
2023 | ₹-1,168 Cr |
Last 5 Years’ Reserves:
2019 | ₹-16,775 Cr |
2020 | ₹-19,434 Cr |
2021 | ₹-20,446 Cr |
2022 | ₹-20,787 Cr |
2023 | ₹-21,098 Cr |
Last 5 Years’ Total Assets:
2019 | ₹4,531 Cr |
2020 | ₹1,714 Cr |
2021 | ₹1,509 Cr |
2022 | ₹1,365 Cr |
2023 | ₹1,191 Cr |
Risk of Tata Teleservices Maharashtra LTD (TTML)
The market cap of the company by 2023 is ₹ 19,258 crore but despite this, the company has a lot of external debt due to which the company’s profit is decreasing day by day. If no major decision is taken regarding the loan in the future, the company may face a big risk.
Competition:
TTML works in the sector providing telecom and cyber security facilities and at present there are big companies present in the market that are providing excellent telecom services, this is the biggest risk for the company.
Government policies and legal risks:
The company has to act by being locked in licenses, spectrum charges, taxes, etc. If any rule is violated or any legal action is taken then it can pose a big risk to the company.
Financial Risk:
At present, the company has a huge debt and if no better decision related to law is given in time, then a huge crisis can arise for the company.
Risk of Cyber Security:
TTML provides cloud security services to various companies due to which the company has a lot of customer data. If the company’s data is stolen for any reason, then TTML’s business may also be closed.
Dependence on a single market:
TTML provides services of telecom and cloud security and there is a lot of competition in this market. Dependence on a single market can cause great risk.
Technological change:
You know how fast technology is changing. In this changing world, if TTML does not change its technology rapidly then it can cause trouble for the company.
Frequently Asked Questions (FAQs)
What is the future of TTML stock?
TTML provides telecom and cloud security services and the demand in this market is very high. If the company becomes free from expenses, then according to stock market experts, TTML’s Share Price Target can go from ₹ 100 to ₹ 150 by 2023 – 2024.
Is TTML a good buy?
Before buying the share price of any company, understand the fundamentals of the company, how the company has performed in the last years, and what is the plan of the company. Please know that TTML has a very good plan for the future. It is your choice whether you want to invest in this company or not.
What is the goal of total share?
TTML Share Price Target can go up to ₹ 300 by 2024. On June 7, 2022, the share price of the company had gone up to ₹ 263 but at present the share price of the company is running at ₹ 100. There is a possibility of this price increasing in the future.
Is TTML debt-free?
No, TTML is not a debt-free company. The market cap of the company in 2023 was ₹19,258Cr but more than this the company has a debt of $2.42 Billion.
Will TTML’s share price increase in the future?
Will TTML’s share price increase in the future? No exact information can be given about this right now because the company has a huge debt. If the company repays this tax in the future, then the share price of the company may increase.
Why is the Ttml share price going down?
The company has huge debt and there is a continuous decline in the reserves of the company. If we look at the debt-to-equity ratio of TTML, it is also high which is why the company’s stock is continuously going down.