The well-known industrialist and entrepreneur Jehangir Ratanji Dadabhoy (JRD) Tata established Tata Consultancy Services in 1968. TCS, a couple of days prior, outperformed the 200 billion US dollar mark in market capitalisation making it one of only a handful of exceptional Indian firms with such qualities and is by and by positioned second most significant organization in India. It has been in activity for such countless years giving IT benefits locally inside India and universally. Tata Consultancy Services has a presence in various nations across the globe including their nation of origin India.
TCS Share Price Target 2024-2030
Tata Consultancy Services (TCS) is an essential component of the Tata Group and a global leader. Since its initiation quite a long time back, it has filled in as an IT administrations supplier, expert and business arrangement supplier for a few of the world’s biggest organizations. The consultancy firm offers a comprehensive array of services, including expertise-based consulting.
TCS Share Price Target Today Update
Tata Consultancy Services was established in 1968 by the notable Industrialist and Business visionary Jehangir Ratanji Dadabhoy (JRD) Tata . As of late, TCS’s Market capitalisation went past 200 Billion US dollars, causing it one of only a handful of exceptional Indian Organizations to do to so and is right now India’s second most important organization. TCS has a long history of giving data Innovation Services in India as well as abroad and is available across 46 nations. TCS organization Services have been truly incredible and TCS budget summaries recommend so.
About TCS (TATA Consultancy Services Limited)
TATA Consultancy Services Restricted is a international data innovation organization in India. Its headquarters are in Mumbai. TCS specializes in business solutions, consultation, and information technology services. TCS turned into a recorded organization in Indian stock trade in 2004 August. The TCS is an answer supplier for Banking, Schooling Protection, Assembling, Capital Market, Travel and Coordinated operations, Medical services areas.
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TCS Latest News
- TCS Share Price Today has taken a positive direction by expanding by Rs 40 focuses on the offer market.
- The TCS NSE Stock has been fluctuating reliably since February 6th, 2024 and generally, has been following a negative direction on the Public Stock Trade. “has revised their Target price for TCS and Infosys,” according to Morgan Stanley’s March 6 update for Indian IT sector investors. Morgan Stanley has revised its TCS Share Price Target to Rs 4,600 per share.
- Tata Consultancy Services (TCS) has reported an essential organization with a Finland-based organization. TCS will change Enento Group organization’s IT applications, improving its computerized work area and redesigning its IT Security versatility.
TCS Business Profile
Tata Consultancy Services (TCS) is one of its world’s driving suppliers Services TCS has almost 450,000 workers TCS is settled in Mumbai, one of three heads of state in India As a feature of its seaward reevaluating procedure, the organization produces around 50 % of its US $17.86 billion income from North America It gives old style IT Services , for example, IT counseling, framework mix and improvement, foundation the board, and business process rethinking (BPO) Services overall with respect to programming advancement The Distributed computing administration.
Brand Value
TCS is presumed for being client driven, with its skill in different fields and greatness as far as execution being the reasons it is chosen as the main sidekick in development and change by numerous global organizations around the world. It has strengthened its image while simultaneously firmly establishing itself in all important markets over the past few years. As a brand it is esteemed at over 13.5 billion US dollars.
Research & Development
TCS Research and Innovation is adjusting unequivocally with the Organization’s vision of Development and Change. It seeks after more profound explores in specific essential PC related spaces. During the FY20, their patent applications shot up by around 5,200. Then about 1,350 of them were given to them. Their research and development expenses for FY20 total 1,867 crores, and their innovation labs can be found not only in India but also in a number of other nations around the world.
Clients
The organization serves probably the biggest aggregates internationally including Google, Amazon, Sky blue, openstack, Adobe, Intel, Bosch, IBM, Apple, Prophet, Symantec, and so on. It has numerous clients right now, whose yearly installments are in excess of a hundred million bucks and fifty million bucks for north of fifty of them.
TCS Fundamentals & Quarterly Results
| Market Cap | ₹ 15,06,463 Cr. |
| Current Price | ₹ 4,164 |
| High / Low | ₹ 4,255 / 3,311 |
| Stock P/E | 31.7 |
| Book Value | ₹ 250 |
| Dividend Yield | 1.37 % |
| ROCE | 64.3 % |
| ROE | 51.5 % |
| Face Value | ₹ 1.00 |
| Debt to Equity | 0.09 |
| Debt Capacity | 0.11 |
| Debt Preceding Year | ₹ 7,688 Cr. |
| Debt | ₹ 8,021 Cr. |
| Reserves | ₹ 90,127 Cr. |
| EPS | ₹ 129 |
| EPS Last Year | ₹ 127 |
| Pledged Percentage | 0.28 % |
| FCF Previous Year | ₹ 38,902 Cr. |
| EV/EBITDA | 21.5 |
| Industry PE | 30.7 |
| PEG Ratio | 3.86 |
| Piotroski Score | 7.00 |
| Earnings Yield | 4.59 % |
| Sales Growth (5 Years) | 10.5 % |
TCS Quarterly Results
| Metric | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 |
| Sales | 55,309 | 58,229 | 59,162 | 59,381 | 59,692 | 60,583 | 61,237 | 62,613 |
| Expenses | 40,793 | 42,676 | 43,388 | 44,383 | 43,946 | 44,195 | 44,073 | 45,951 |
| Operating Profit | 14,516 | 15,553 | 15,774 | 14,998 | 15,746 | 16,388 | 17,164 | 16,662 |
| OPM % | 26% | 27% | 27% | 25% | 26% | 27% | 28% | 27% |
| Other Income | 965 | 520 | 1,175 | 1,397 | 1,006 | -96 | 1,157 | 962 |
| Interest | 148 | 160 | 272 | 163 | 159 | 230 | 226 | 173 |
| Depreciation | 1,237 | 1,269 | 1,286 | 1,243 | 1,263 | 1,233 | 1,246 | 1,220 |
| Profit Before Tax | 14,096 | 14,644 | 15,391 | 14,989 | 15,330 | 14,829 | 16,849 | 16,231 |
| Tax % | 26% | 26% | 26% | 26% | 26% | 25% | 26% | 25% |
| Net Profit | 10,465 | 10,883 | 11,436 | 11,120 | 11,380 | 11,097 | 12,502 | 12,105 |
| EPS in Rs | 28.51 | 29.64 | 31.13 | 30.26 | 31.00 | 30.56 | 34.37 | 33.28 |
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CAGR Report
| Metric | Value |
| Compounded Sales Growth | |
| 10 Years | 11% |
| 5 Years | 10% |
| 3 Years | 14% |
| TTM | 5% |
| Compounded Profit Growth | |
| 10 Years | 9% |
| 5 Years | 8% |
| 3 Years | 12% |
| TTM | 9% |
| Stock Price CAGR | |
| 10 Years | 13% |
| 5 Years | 15% |
| 3 Years | 9% |
| 1 Year | 25% |
| Return on Equity | |
| 10 Years | 40% |
| 5 Years | 44% |
| 3 Years | 47% |
| Last Year | 52% |
TCS Shareholding Pattern
| Metric | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 |
| Promoters | 73.31% | 71.92% | 72.05% | 72.05% | 72.19% | 72.30% | 72.30% | 71.77% |
| FIIs | 16.90% | 16.88% | 15.80% | 15.74% | 15.62% | 14.15% | 12.72% | 12.70% |
| DIIs | 5.36% | 6.93% | 7.78% | 8.00% | 7.83% | 7.81% | 9.58% | 10.61% |
| Government | 0.05% | 0.05% | 0.05% | 0.06% | 0.06% | 0.04% | 0.05% | 0.06% |
| Public | 4.38% | 4.22% | 4.32% | 4.14% | 4.31% | 5.70% | 5.36% | 4.86% |
| Number of Shareholders | 6,37,799 | 5,50,651 | 7,23,894 | 8,58,825 | 10,58,901 | 24,74,310 | 24,99,384 | 22,03,209 |
TCS Share Price Target 2024-2030 Forecast
| Year | Initial Target | Mid-Year Target | Year-End Target |
| 2024 | ₹4108.28 | ₹4501.87 | ₹4738.03 |
| 2025 | ₹4833 | ₹4543 | ₹5423 |
| 2026 | ₹5531 | ₹5199 | ₹6206 |
| 2027 | ₹6330 | ₹5950 | ₹7103 |
| 2028 | ₹7245 | ₹6809 | ₹8127 |
| 2029 | ₹8290 | ₹7792 | ₹9301 |
| 2030 | ₹9487 | ₹8917 | ₹10646 |
TCS Share Price Target 2025
| Month | Target |
| January | ₹4833 |
| February | ₹4930 |
| March | ₹5029 |
| April | ₹4862 |
| May | ₹4700 |
| June | ₹4543 |
| July | ₹4725 |
| August | ₹4914 |
| September | ₹5111 |
| October | ₹5213 |
| November | ₹5317 |
| December | ₹5423 |
TCS Share Price Target 2026
| Month | Target |
| January | ₹5531 |
| February | ₹5642 |
| March | ₹5755 |
| April | ₹5563 |
| May | ₹5378 |
| June | ₹5199 |
| July | ₹5407 |
| August | ₹5623 |
| September | ₹5848 |
| October | ₹5965 |
| November | ₹6084 |
| December | ₹6206 |
TCS Share Price Target 2027
| Month | Target |
| January | ₹6330 |
| February | ₹6457 |
| March | ₹6586 |
| April | ₹6367 |
| May | ₹6155 |
| June | ₹5950 |
| July | ₹6188 |
| August | ₹6436 |
| September | ₹6693 |
| October | ₹6827 |
| November | ₹6964 |
| December | ₹7103 |
TCS Share Price Target 2028
| Month | Target |
| January | ₹7245 |
| February | ₹7390 |
| March | ₹7538 |
| April | ₹7287 |
| May | ₹7044 |
| June | ₹6809 |
| July | ₹7081 |
| August | ₹7364 |
| September | ₹7659 |
| October | ₹7812 |
| November | ₹7968 |
| December | ₹8127 |
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TCS Share Price Target 2029
| Month | Target |
| January | ₹8290 |
| February | ₹8456 |
| March | ₹8625 |
| April | ₹8338 |
| May | ₹8060 |
| June | ₹7792 |
| July | ₹8104 |
| August | ₹8428 |
| September | ₹8765 |
| October | ₹8940 |
| November | ₹9119 |
| December | ₹9301 |
TCS Share Price Target 2030
| Month | Target |
| January | ₹9487 |
| February | ₹9677 |
| March | ₹9871 |
| April | ₹9542 |
| May | ₹9224 |
| June | ₹8917 |
| July | ₹9274 |
| August | ₹9645 |
| September | ₹10031 |
| October | ₹10232 |
| November | ₹10437 |
| December | ₹10646 |
Points Before Investing in TCS Stock
- On March 5, 2025, the brokerage firm CLSA lowered its ratings for the TCS Share Price Target to Rs. 3,925.
- Other Information Technology companies’ share price targets were also downgraded by CLSA, including Wipro, Infosys, and Tech Mahindra.
- TCS shares and the stocks of its rivals dropped slightly as a result of its rating. Sumeet Bagadia, an authority on the stock market, has selected TCS NSE Stock as their top pick for March 8th, 2024, International Women’s Day.
- Sumeet Bagadia suggested a minimum price target of Rs 3,789 and a maximum price target of Rs 4,400 for TCS shares.
- In a previous news back in Dec 2023, TCS limited was granted two AWS accomplice grants.
- Tata Consultancy Services’ two honors by AWS were ”Worldwide Framework Integrator Accomplice of the Year-Worldwide and GSI Accomplice of the Year – France.
- These honors show the standing TCS has had the option to all around the world form. In not-super great news for TCS limited, the World’s most esteemed positioned ”Oxford College” ended TCS Services refering to criticism from their understudies and TCS Services clients.
- The global reputation of Tata Consultancy Services suffered as a result of this. TCS monetary outcomes FY2023 recommend to us the promising and predictable development of the Data Innovation organization.
- TCS EBITDA increased by 11% YOY in FY2023, and TCS Revenue increased by 17.58 percent YOY in FY2023.
Final Words
The Share Price of TCS has been an excellent and very consistent performer on the National Stock Exchange since its posting in 2004. The TCS Share Price has performed exceptionally well over the years on the National Stock Exchange, and TCS Limited’s annual revenue and profit reports have been positive for decades. Investors also need to know about TCS Share Price Prediction 2025 and the years to come from market experts.
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