Today, in this post we’ll discuss Tata Investment Corporation share latest news, fundamentals, potential growth areas, and all sorts of information regarding this company to gain a better understanding. We hope our analysis will provide you better insight about the company.
Tata Group company Tata Investment Corporation Ltd (NSE: TATAINVEST) has given bumper returns to its investors in the last year.
However, after this rise, there has been a sharp decline in the company’s stock in the last month.
The action is now observed in the stock once again during the next session.
The company has informed that it will consider the dividend along with the results and can also announce it.
The company has given this information after the market is closed, the impact on the stock may be seen in the next session.
What Information Has The Company Given?
In the information sent to the stock market, the company has said that a meeting of the company’s board is going to be held on April 24.
In this meeting, the company will also consider the dividend and if approved then it will also declare the dividend.
Additionally, the company will reveal the results from the March quarter.
The company has distributed a dividend of Rs 48 per share with the ex-date of June 12, 2023.
Earlier, a dividend of Rs 55 has been given with the ex-date of June 2, 2022.
In the December quarter, the company’s consolidated income reached Rs 50.5 crore, an increase of more than 34 percent compared to last year.
The profit of the quarter was Rs 53 crore an improvement of 54 percent from the previous year.
The Stock Gave Multi-bagger Returns
The stock has proved to be a multi-bagger for its investors.
In the last 3 years, stock investment has increased more than 6 times and the return on stock has been 573 percent.
In the past year, investors earned an average return of 253 percent. This stock yielded an average return of 61 percent through the first quarter of the past year.
However, after a sharp rise, the stock witnessed a sharp decline in March and the stock fell by 42 percent in just 11 sessions.
Some recovery has been seen in the stock in April.
About Tata Investment Corporation Ltd
Tata Investment Corporation Limited is an Indian-based bank that does not have a bank affiliation. The Company is mostly engaged in investing in long-term investments like Equity shares as well as equity-related security.
The main focus of the company’s business is investing in unlisted and listed capital shares debt instruments, and mutual funds, in addition to other companies across a variety of industries.
This is an affiliated company which forms part of Tata Sons Private Limited.
The principal sources of income comprise dividends, income, and gains derived from the sale of investment securities over the long run.
Fundamental Analysis of Tata Investment Corporation Ltd
| Market Cap | ₹ 34,953 Cr. |
| Current Price | ₹ 6,905 |
| 52-wk High | ₹9,757 |
| 52-wk Low | ₹ 1,990 |
| Stock P/E | 102 |
| Book Value | ₹ 4,691 |
| Dividend | 0.70 % |
| ROCE | 1.42 % |
| ROE | 1.28 % |
| Face Value | ₹ 10.0 |
| P/B Value | 1.47 |
| OPM | 90.6 % |
| EPS | ₹ 68.1 |
| Debt | ₹ 129 Cr. |
| Debt to Equity | 0.01 |
Tata Investment Corporation Ltd Share Price Target 2024 To 2030
| Year | 1st Target | 2nd Target |
| 2024 | ₹ 5400 | ₹ 5430 |
| 2025 | ₹ 5500 | ₹ 5648 |
| 2026 | ₹ 5700 | ₹ 5800 |
| 2027 | ₹ 5900 | ₹ 6100 |
| 2028 | ₹ 6146 | ₹ 6200 |
| 2029 | ₹ 6324 | ₹ 6489 |
| 2030 | ₹ 6500 | ₹ 6600 |
Tata Investment Corporation Ltd Shareholding Pattern
| Promoters Holding | |
| Mar 2023 | 73.38% |
| June 2023 | 73.38% |
| Sept 2023 | 73.38% |
| Dec 2023 | 73.38% |
| Mar 2024 | 73.38% |
| FII Holding | |
| Mar 2023 | 1.02% |
| June 2023 | 1.16% |
| Sept 2023 | 1.12% |
| Dec 2023 | 1.20% |
| Mar 2024 | 2.25% |
| DII Holding | |
| Mar 2023 | 0.43% |
| June 2023 | 0.43% |
| Sept 2023 | 0.44% |
| Dec 2023 | 0.45% |
| Mar 2024 | 0.46% |
| Govt. Holding | |
| Mar 2023 | 0.49% |
| June 2023 | 0.49% |
| Sept 2023 | 0.49% |
| Dec 2023 | 0.49% |
| Mar 2024 | 0.49% |
| Public Holding | |
| Mar 2023 | 24.66% |
| June 2023 | 24.52% |
| Sept 2023 | 24.56% |
| Dec 2023 | 24.48% |
| Mar 2024 | 23.41% |
Tata Investment Corporation Ltd Share: Last 5 Years’ Financial Condition
To better understand how the market is performing, let’s look at the outlook of this share in the previous years.
However, investors should be aware of the risks and the market conditions before making any investment decision.
Last 5 Years’ Sales:
| 2019 | ₹ 177 Cr |
| 2020 | ₹ 144 Cr |
| 2021 | ₹ 163 Cr |
| 2022 | ₹ 254 Cr |
| 2023 | ₹ 357 Cr |
Last 5 Years’ Net Profit:
| 2019 | ₹ 134 Cr |
| 2020 | ₹ 90 Cr |
| 2021 | ₹ 155 Cr |
| 2022 | ₹ 214 Cr |
| 2023 | ₹ 344 Cr |
Last 5 Years’ Debt-To-Equity Ratio:
| 2019 | 0 |
| 2020 | 0 |
| 2021 | 0 |
| 2022 | 0 |
| 2023 | 0.01 |
Last 10 Years’ Profit Growth:
| 10 Years: | 4% |
| 5 Years: | 14% |
| 3 Years: | 41% |
| Current Year: | 37% |
Last 10 years’ Return on Equity (ROE):
| 10 Years: | 2% |
| 5 Years: | 1% |
| 3 Years: | 1% |
| Last Year: | 1% |
Sales Growth Over 10 Years:
| 10 Years: | 3% |
| 5 Years: | 12% |
| 3 Years: | 2 4% |
| Current Year: | 20% |
Conclusion
This article is a complete guide about Tata Investment Corporation Share.
These information and forecasts are based on our analysis, research, company fundamentals and history, experiences, and various technical analyses.
Also, We have talked in detail about the share’s future prospects and growth potential.
Hopefully, these informations will help you in your further investment.
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