TCS Share Price Target 2023, 2024, 2025, 2026, 2027, 2028, 2029, 2030
Tata Consultancy Services (TCS) is an Indian multinational information technology (IT) services, consulting, and business solutions company. It is headquartered in Mumbai, India and is part of the Tata Group. TCS is one of the largest IT services companies in the world, with operations in over 46 countries and a workforce of over 500,000 employees as of 2021.
TCS offers a wide range of services, including application development and maintenance, digital transformation, infrastructure management, engineering and R&D services, consulting, and business process services. The company serves clients across various industries, including banking and financial services, healthcare, retail, manufacturing, and telecommunications.
TCS has been ranked as the world’s most valuable IT services brand by Brand Finance and has consistently been ranked among the top IT services companies by various industry analysts. The company has also been recognized for its sustainability initiatives and has been included in the Dow Jones Sustainability Index for several years.
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Business Model of Tata Consultancy Services (TCS)
The business model of TCS is primarily based on providing IT services and solutions to clients across various industries. TCS follows a global delivery model, which enables it to deliver services to clients from multiple locations around the world, while ensuring cost-effectiveness and quality.
TCS’ revenue is generated from various services, including application development and maintenance, digital transformation, infrastructure management, engineering and R&D services, consulting, and business process services. The company has a diversified client base and serves clients across various geographies and industries.
TCS’ business model also includes a focus on innovation and building intellectual property (IP). The company invests in R&D to create innovative solutions that can be leveraged by clients across industries. TCS’ IP portfolio includes over 5,500 patents, which enable the company to differentiate its offerings and provide value to clients.
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Tata Consultancy Services (TCS) Share
TCS shares were trading on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) in India, as well as on the New York Stock Exchange (NYSE) in the United States. On the BSE, the ticker symbol for TCS shares is “TCS”, and on the NSE, it is “TCS.NS”. On the NYSE, the ticker symbol is “TCS”.
As of April 7, 2023, the stock price of TCS on the NSE was around INR 3218.90 per share, TCS Share 52 week high at Rs. 3809.30/- & 52 week low Rs.2926.10/-. The P/E Ratio of TCS is 29.03 & Dividend Yield is 1.43%.
Company Name | Tata Consultancy Services (TCS) |
Share Name | TCS |
Founded in | 1995 |
Headquarters | Mumbai |
CEO | Natrajan Chandrashekran |
Revenue | ₹195,770 crore (US$25 billion)(2022) |
Market Capitalization | 11.79 Trillion INR |
Primary Exchange | NSE, BSE, NYSE |
Official Website | Click Here |
Shareholding of Tata Consultancy Services (TCS)
Tata Consultancy Services (TCS) is part of the Tata Group, and the majority of its shares are owned by Tata Sons, which is the holding company of the Tata Group. Tata Sons held a 72.19% stake in TCS.
The remaining shares of TCS are held by various institutional and individual investors.
The public shareholding in the company was 27.81%. Out of this, foreign portfolio investors held a 19.10% stake, domestic mutual funds held a 4.69% stake, and individual shareholders held a 2.91% stake.
TCS Share Price Target 2023, 2024, 2025, 2026, 2027, 2028, 2029, 2030, 2040, 2050
Year | First Target | Second Target |
2023 | 3840 | 3940 |
2024 | 4300 | 4450 |
2025 | 4850 | 4900 |
2026 | 5300 | 5500 |
2027 | 5800 | 6000 |
2028 | 6300 | 6550 |
2029 | 6850 | 7100 |
2030 | 7300 | 7600 |
2040 | 12500 | 13000 |
2050 | 28000 | 29500 |
Note:- “That these share price targets for “TCS Share” are only provided for the purpose of reference and that this prediction will only hold true in the event that there is optimism in the market. Any uncertainties regarding the company or the current state of the global market will not be addressed in this analysis.”
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Annual Result Summary of TCS
Summary of Tata Consultancy Services (TCS) annual results for the fiscal year 2020-21, which ended on March 31, 2021:
- Revenue: TCS reported consolidated revenue of INR 1,64,177 crore (approx. USD 22.2 billion), which represents a year-on-year (YoY) growth of 4.6%.
- Net Profit: The company reported a net profit of INR 31,430 crore (approx. USD 4.2 billion), which represents a YoY growth of 0.9%.
- Earnings Per Share (EPS): The EPS for the year was INR 166.57, which represents a YoY growth of 0.9%.
- Dividend: TCS declared a final dividend of INR 15 per share, taking the total dividend for the year to INR 32 per share.
- Digital Revenue: TCS’ digital revenue grew by 31% YoY and accounted for 32.5% of the company’s overall revenue.
- Client Metrics: TCS added 40 new clients in the USD 100 million+ category and 7 clients in the USD 50 million+ category. The company’s total active clients at the end of the year were 1,442.
- Workforce: TCS’ total employee count at the end of the year was 509,058, with a net addition of 40,185 employees during the year.
TCS Share Price Target 2023
TCS focuses on building long-term relationships with clients by providing high-quality services, leveraging its expertise in various domains, and ensuring customer satisfaction. The company’s business model is supported by its workforce of over 500,000 employees, who are trained in the latest technologies and are committed to delivering excellence to clients.
TCS share price target 2023 are as follows –
Target Year | 1st Target | 2nd Target |
---|---|---|
2023 | ₹3840 | ₹3940 |
TCS Share Price Target 2024
TCS has a diverse shareholder base that includes both retail and institutional investors. As of March 31, 2021, the top ten shareholders of TCS included Tata Sons Limited, Life Insurance Corporation of India, and Government of Singapore Investment Corporation (GIC), among others.
TCS share price target 2024 are as follows –
Target Year | 1st Target | 2nd Target |
---|---|---|
2024 | ₹4300 | ₹4450 |
TCS Share Price Target 2025
TCS has a strong market position and a well-established brand reputation. The company’s focus on innovation and building intellectual property is an important strength that could help it to differentiate itself from competitors.
TCS share price target 2024 are as follows –
Target Year | 1st Target | 2nd Target |
---|---|---|
2025 | ₹4850 | ₹4900 |
TCS Share Price Target 2026
TCS shares have delivered strong returns to investors over the years. the stock had delivered a compounded annual growth rate (CAGR) of over 22% over the past five years.
TCS share price target 2026 are as follows –
Target Year | 1st Target | 2nd Target |
---|---|---|
2026 | ₹5300 | ₹5500 |
TCS Share Price Target 2027
TCS needs to continue to address its weaknesses and capitalize on opportunities to remain competitive in the rapidly evolving IT services industry.
TCS share price target 2027 are as follows –
Target Year | 1st Target | 2nd Target |
---|---|---|
2027 | ₹5800 | ₹6000 |
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TCS Share Price Target 2030
TCS is known for its innovation and has filed over 5,000 patents, making it one of the top patent filers in the world among IT services companies. The company has a strong focus on sustainability and social responsibility, and it has set ambitious targets to reduce its carbon footprint and promote diversity and inclusion in its workforce
TCS share price target 2030 are as follows –
Target Year | 1st Target | 2nd Target |
---|---|---|
2030 | ₹7300 | ₹7600 |
Recent News of Tata Consultancy Services (TCS)
Here are some recent news items related to Tata Consultancy Services (TCS):
- TCS was ranked as the top employer of choice in the Indian IT industry, according to a survey conducted by the Great Place to Work Institute.
- Tata Consultancy Services was awarded a multi-year contract by the Department of Posts in India to modernize its core banking system.
- TCS launched a new blockchain-based digital supply chain platform called Quartz Supply Chain Solutions.
- Tata Consultancy Services announced the acquisition of GE’s stake in Tata Consultancy Services Saudi Arabia, a joint venture between the two companies.
- TCS was recognized as a leader in the Everest Group PEAK Matrix for Digital Services in Capital Markets.
- TCS partnered with the World Economic Forum to launch the Skills 4.0 platform, which aims to reskill and upskill workers for the jobs of the future.
- TCS announced that it had achieved carbon neutrality in its operations in 2020 and had set a target to achieve net-zero emissions by 2030.
Dividends History of Tata Consultancy Services Share
Fiscal Year | Dividend per share (in INR) |
2021-22 | 43 |
2020-21 | 32 |
2019-20 | 25 |
2018-19 | 18 |
2017-18 | 29 |
2016-17 | 27 |
2015-16 | 24 |
2014-15 | 18 |
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SWOT Analysis of TCS
SWOT analysis of Tata Consultancy Services (TCS):
Strengths:
- Strong brand recognition and reputation as a leading IT services company.
- Wide range of services and solutions, catering to diverse industries and geographies.
- Global delivery model, enabling cost-effective and high-quality service delivery.
- Large and well-trained workforce of over 500,000 employees.
- Focus on innovation and building intellectual property, including a large patent portfolio.
Weaknesses:
- Dependence on a few key clients for a significant portion of revenue.
- Intense competition from other IT services companies.
- Limited presence in emerging technologies such as artificial intelligence and blockchain.
Opportunities:
- Growing demand for digital transformation services across various industries.
- Increasing adoption of cloud computing and analytics solutions.
- Expansion into emerging markets such as Asia and Africa.
- Developing expertise in emerging technologies and exploring new service offerings.
Threats:
- Economic downturns and fluctuations in the global market.
- Increased regulatory scrutiny and protectionist policies.
- Cybersecurity threats and data breaches.
- Availability of skilled workforce and increasing wage costs.
Future of TCS Share
TCS is one of the largest IT services companies in the world and has a strong track record of delivering value to its clients through innovative and high-quality solutions. The company has a diversified business portfolio with a focus on digital transformation, cloud computing, analytics, and other emerging technologies. Additionally, TCS has a strong global presence, with operations in over 50 countries and a large talent pool of over 500,000 employees.
Looking ahead, TCS is likely to benefit from the continued growth of the global IT services market, which is expected to expand as businesses increasingly adopt digital technologies to drive their operations. The company is also well-positioned to capitalize on the opportunities arising from the COVID-19 pandemic, as the crisis has accelerated the adoption of digital technologies across industries.
Moreover, TCS has a strong focus on sustainability and social responsibility, which is likely to enhance its reputation and attract more customers who prioritize these values. The company has set ambitious targets for reducing its carbon footprint and promoting diversity and inclusion in its workforce.
However, as with any business, there are risks and uncertainties that TCS may face in the future, such as increased competition, changing market dynamics, and regulatory challenges. Overall, though, TCS appears to be well-equipped to navigate these challenges and continue to deliver value to its stakeholders.
Risk of TCS Share
- Competition: TCS operates in a highly competitive market, and it may face challenges from both existing and new competitors. In addition, the rapid pace of technological change may lead to new competitors emerging.
- Economic conditions: TCS’s business is influenced by global economic conditions, and a downturn in the economy could reduce demand for its services and affect its revenue.
- Regulatory risks: TCS operates in a highly regulated industry and may be subject to changes in laws and regulations that could impact its business operations.
- Geopolitical risks: TCS operates in multiple countries and may be exposed to geopolitical risks, such as changes in trade policies or geopolitical tensions that could impact its business operations.
- Cybersecurity risks: TCS collects and manages large volumes of data on behalf of its clients, and any data breaches or cyber-attacks could negatively impact its reputation and financial performance.
- Talent risks: TCS relies heavily on skilled professionals, and any shortage of skilled resources or attrition of talent could impact its ability to deliver services and its financial performance.
FAQs –
Target price of TCS share in 2023 is Rs. 3840 to Rs.3940.
After 5 years TCS share price will be approx Rs.6500/-
TCS stock price in 2025 will be Rs.4850/- approx.
in financial year 2021-2022, TCS give Rs.43 per share to its shareholders.
Next target For TCS Share price target is Rs.3900/-.
TCS is a highly profitable company, with a net income of over $4.2 billion in the fiscal year 2020-21,
TCS has a market capitalization of over $150 billion, making it one of the most valuable companies in India and the world. from our analysis TCS always good to buy.
TATA sons have the most 72.30% shares in TCS.