Tata Technologies: Tata Group company Tata Technologies has agreed with the Telangana government to set up skill centers.
The agreement states that an “Advanced technical skill training center’ (Skill Centre) will be established in the 65 industrial training centers in the state.
A statement from the state government stated it was the Tata Group company and the state government has reached an agreement, according to which TTL will make improvements to the state’s ITI to become it becomes an Advanced Technology Centre.
Tata Tech’s shares Tata Tech were trading at 1,127.60 on the last trading day, an increase of 5.45 percent.
9 Long-term Courses And 23 Short-term Classes Will Start
Chief Minister A Revanth Reddy held a meeting with representatives of Tata Technologies at the Secretariat.
The Deputy Chief Minister Bhatti Vikramarka, the minister of IT D Sridhar Babu, Chief Secretary Shanti Kumari, as well as other officials, were also in attendance at the gathering.
Tata Group company will conduct nine long-term and 23 short-term courses in addition to other courses to increase capabilities.
The company said it was the government of India that has set up the introduction of the program starting from the academic year 2024-2025.
How Have Tata Tech’s Shares Been Performing?
Tata Tech shares was listed in November 2023 for 1200 rupees. Investors made a hefty profit of 140 percent following its listing.
However, Tata Tech’s shares have been down since the announcement. Tata Tech’s shares are trading 20 percent lower than the record of 1,400 rupees.
The stock’s 52-week low was Rs 1,034. However, the market capitalization for the firm is 45743 crore.
About Tata Technologies
Tata Technologies Ltd is an engineering service provider that provides the development of products as well as digital services, such as turnkey solutions for OEMs (OEMs) along with their Tier-1 suppliers.
It aims to add value for its customers by aiding them in developing more secure products, as well as cleaner and enhance the quality of living of their customers.
It is a specialist in the field of automotive and uses this knowledge to support its clients in other industries like aerospace and transportation as well as construction machinery.
As a company, it brings together teams from all over the globe with a variety of capabilities to work together in real time and resolve complicated engineering problems for its customers.
Tata Technologies has its headquarters in Pune and its regional offices in America.
Fundamental Analysis of Tata Technologies
| Market Cap | ₹ 45,735 Cr. |
| Current Price | ₹ 1,127 |
| 52-wk High | ₹ 1,400 |
| 52-wk Low | ₹ 1,033 |
| Stock P/E | 73.3 |
| Book Value | — |
| Dividend | 0.00 % |
| ROCE | 28.1 % |
| ROE | 23.7 % |
| Face Value | ₹ 2.00 |
| P/B Value | — |
| OPM | 18.6 % |
| EPS | ₹ 15.4 |
| Debt | ₹ 255 Cr. |
| Debt to Equity | 0.09 |
Tata Technologies Ltd Share Price Target 2024 To 2030
| Year | 1st Target | 2nd Target |
| 2024 | ₹1387 | ₹1987 |
| 2025 | ₹2100 | ₹2215 |
| 2026 | ₹2316 | ₹2675 |
| 2027 | ₹2765 | ₹2900 |
| 2028 | ₹2950 | ₹3100 |
| 2029 | ₹3200 | ₹3432 |
| 2030 | ₹3543 | ₹3657 |
Tata Technologies Ltd Shareholding Pattern
| Promoters Holding | |
| Dec 2023 | 55.39% |
| Public Holding | |
| Dec 2023 | 40.09% |
Tata Technologies Share: Last 5 Years’ Financial Condition
To gain a better understanding of 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 | ₹ 2,942 Cr |
| 2020 | ₹ 2,852 Cr |
| 2021 | ₹ 2,381 Cr |
| 2022 | ₹ 3,530 Cr |
| 2023 | ₹ 4,414 Cr |
Last 5 Years’ Net Profit:
| 2019 | ₹ 353 Cr |
| 2020 | ₹ 252 Cr |
| 2021 | ₹ 239 Cr |
| 2022 | ₹ 437 Cr |
| 2023 | ₹ 624 Cr |
Last 5 Years’ Debt-To-Equity Ratio:
| 2019 | 0 |
| 2020 | 0 |
| 2021 | 0 |
| 2022 | 0 |
| 2023 | 0 |
Last 10 Years’ Profit Growth:
| 10 Years: | — |
| 5 Years: | — |
| 3 Years: | 34% |
| Current Year: | 43% |
Last 10 years’ Return on Equity (ROE):
| 10 Years: | — |
| 5 Years: | — |
| 3 Years: | 19% |
| Last Year: | 24% |
Sales Growth Over 10 Years:
| 10 Years: | — |
| 5 Years: | — |
| 3 Years: | 16% |
| Current Year: | 25% |
Conclusion
This article is a complete guide about Tata Technologies Ltd 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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Disclaimer: Dear readers, we’d like to inform you that we are not authorized by SEBI (Securities and Exchange Board of India). The information on this site is only for informational and educational purposes and shouldn’t be considered financial advice or stock recommendations. Also, the share price predictions are completely for reference purposes. The price predictions will only be valid when there are positive signs on the market. Any uncertainty about the company’s future or the current state of the market will not be considered in this study. We are not responsible for any financial loss you might incur through the information on this site. We are here to provide timely updates about the stock market and financial products to help you make better investment choices. Do your own research before any investment.
