Tata Teleservices(Maharashtra) Limited (TTML) is currently trading at around Rs.55/- . Existing as well as prospective investors are asking for the TTML Share Price Target 2025. Most common questions being asked by the investors are given below:
- Please tell the TTML Share Price Target 2025
- What will be the TTML share price in 2025?
- What is the next target of TTML share?
- Will TTML grow in 2023?
- What is target price of TTML in 2023?
In this article we will answer all the questions being asked by the people regarding the TTML and analyse the financials and business performance of the company and will tell you the target price of the share of TTML for 2023,2024 and 2025.
Tata Teleservices (Maharashtra) Limited (TTML) is one of the leading telecommunications companies in India. The company provides a wide range of services, including mobile, fixed-line, and broadband. TTML is a subsidiary of Tata Sons Limited, which is the holding company of the Tata Group.
Financial Performance: TTML has demonstrated consistent growth over the years. In the fiscal year 2021, the company reported a total revenue of INR 3,450.95 crores, a decline of 2.8% from the previous year. However, the company’s profit after tax (PAT) increased by 34.9% to INR 537.51 crores during the same period. The company’s earnings per share (EPS) also increased to INR 2.08 from INR 1.62 in the previous year. These figures indicate that the company is managing its finances efficiently and is on a steady growth trajectory.
Fundamentals: TTML has a strong fundamental base. The company’s debt-to-equity ratio is at a manageable level, and it has a healthy interest coverage ratio. The company’s current ratio, which is an indicator of its short-term liquidity, is at a satisfactory level. The company has also been able to maintain a stable dividend payout ratio over the years, which is an indicator of its commitment to rewarding its shareholders.
Business Performance: TTML has been able to maintain its position as a leading player in the Indian telecommunications industry. The company has a strong network coverage across the country, and it has been able to provide its customers with innovative and reliable services. The company has also been able to maintain a high level of customer satisfaction, which is evident from its low customer churn rate. TTML has also been successful in diversifying its revenue streams, with a significant portion of its revenue coming from its fixed-line and broadband services.
Future Prospects: The Indian telecommunications industry is expected to grow at a healthy rate in the coming years, driven by increasing smartphone penetration and the rollout of 5G networks. TTML is well-positioned to capitalize on these growth opportunities, with its strong network coverage and innovative service offerings. The company has also been investing in the development of new technologies, such as artificial intelligence and machine learning, which will help it stay ahead of the curve.
However, the industry also faces some challenges, such as intense competition, regulatory hurdles, and rapidly changing consumer preferences. TTML will need to continue to innovate and adapt to these challenges to maintain its position as a leading player in the industry.
In conclusion, Tata Teleservices (Maharashtra) Limited has demonstrated strong financial performance, has a strong fundamental base, and has been able to maintain its position as a leading player in the Indian telecommunications industry. The company is well-positioned to capitalize on the growth opportunities in the industry, and its investments in new technologies will help it stay ahead of the curve.
TTML Share Price Target 2023
Based on the above analysis, it is expected that the share price of Company is likely to touch the level of around Rs.75 during 2023.
TTML Share Price Target 2024
Based on the above analysis, it is expected that the share price of Company is likely to touch the level of around Rs.100 during 2024.
TTML Share Price Target 2025
Based on the above analysis, it is expected that the share price of Company is likely to touch the level of around Rs.150 during 2025.
Disclaimer : Share Prices are subject to market fluctuations and are dependent on several factors. These predictions are based on the current market conditions and the future market expectations. Investors are advised to take into consideration all these factors before making any investment in Capital Market. This article should not be treated as Investment advisory and is for general guidance purpose only. Moneyinsight does not offer investment advice and does not encourage any action based on its content.
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