Tata Consultancy Services (TCS) is one of the largest IT services providers in India. TCS share price has been a major topic of discussion among investors, especially as the company has been making strategic moves to expand its services and reach new markets.
In this article, we will be discussing the TCS share price target for the years 2023 to 2030 and whether TCS is a good auto stock to buy.
TCS is planning to provide strategic advisory services to its most prestigious clients, which has been a major catalyst for the company’s growth. With this move, TCS aims to leverage its expertise and experience to help its clients achieve their business objectives.
In this article, we will explore the factors that could impact TCS share price and provide a comprehensive outlook for the next few years.
About the Company
Tata Consultancy Services (TCS) is a global IT services and consulting firm based in Mumbai, India that is a subsidiary of the Tata Group. It provides a range of services, such as IT consulting, software engineering, systems integration, application management, cloud computing, analytics, enterprise solutions, and more, to customers across a variety of industries.
TCS is a highly sought-after partner for many of the world’s leading organizations, having established itself as a leader in the IT services industry. TCS is a trusted partner for many of the world’s leading organizations and has established itself as a leader in the IT services industry.
Stock history of Tata Consultancy Services
TCS was founded in 1968 and went public in 2004. Since then, the company’s stock has seen tremendous growth. The stock opened at ₹1,000 per share in 2004 and reached a peak of ₹3,000 per share in 2019. Over the years, the stock has seen some dips and peaks, but it has generally been on an upward trend.
The stock is currently trading at Rs. 3,432.10 per share as of January 2023.
Latest news about Tata Consultancy Services
➤ TCS is planning to provide strategic advisory services to its most prestigious clients.
➤ TCS tops the highest customer satisfaction rating in France.
How to buy Tata Consultancy Services shares?
To purchase shares of Tata Consultancy Services, one must first open an account with a broker or an online trading platform. Once the account is opened, the individual can then deposit the desired amount of funds and complete the purchase. After that, the purchased shares will be reflected in the individual’s portfolio. In summary, one must open an account with a broker or online trading platform, deposit funds, and then complete the purchase of Tata Consultancy Services shares to add them to their portfolio.
You can also buy shares from the following trading platforms:
| Zerodha | Click here |
| Upstox | Click here |
| Groww | Click here |
| AngelOne | Click here |
| ICICIDirect | Click here |
Share Price Prediction of Tata Consultancy Services: 2023 to 2030
Share Price Target 2023 of Tata Consultancy Services is ₹4,696.76
| When | Maximum Price | Minimum Price |
| January 2023 | ₹3,432.10 | ₹2,648.37 |
| February 2023 | ₹3,500.74 | ₹2,692.88 |
| March 2023 | ₹2,625.56 | ₹2,019.66 |
| April 2023 | ₹2,888.11 | ₹2,221.62 |
| May 2023 | ₹2,406.76 | ₹1,851.35 |
| June 2023 | ₹2,888.11 | ₹2,221.62 |
| July 2023 | ₹3,465.73 | ₹2,665.95 |
| August 2023 | ₹3,812.31 | ₹2,932.54 |
| September 2023 | ₹4,002.92 | ₹3,079.17 |
| October 2023 | ₹3,812.31 | ₹2,932.54 |
| November 2023 | ₹4,193.54 | ₹3,225.80 |
| December 2023 | ₹4,696.76 | ₹3,612.90 |
Based on the table, TCS’s share price prediction for 2023 shows a bullish trend with a growth percentage ranging from 12% to 54%. The maximum price prediction for TCS in January 2023 is ₹3,432.10, which is a 14% growth from the minimum price of ₹2,648.37.
Throughout the year, the share price continues to exhibit an upward trend with the maximum price prediction reaching ₹4,696.76 in December 2023, a 54% growth from the minimum price of ₹3,612.90. The predictions for TCS in 2023 show a consistent uptrend with a positive outlook for the company’s future performance.
It can be concluded that TCS is a good investment option for the long-term with potential for significant growth in the coming years.
Share Price Target 2024 of Tata Consultancy Services is ₹6,575.67
| When | Maximum Price | Minimum Price |
| January 2024 | ₹4,943.96 | ₹3,803.05 |
| February 2024 | ₹5,555.01 | ₹4,629.18 |
| March 2024 | ₹5,847.38 | ₹4,753.97 |
| April 2024 | ₹5,315.80 | ₹4,089.08 |
| May 2024 | ₹4,429.83 | ₹3,407.57 |
| June 2024 | ₹5,315.80 | ₹4,089.08 |
| July 2024 | ₹4,518.43 | ₹3,502.66 |
| August 2024 | ₹4,970.27 | ₹3,944.66 |
| September 2024 | ₹5,218.79 | ₹4,014.45 |
| October 2024 | ₹6,139.75 | ₹4,722.89 |
| November 2024 | ₹6,446.74 | ₹4,959.03 |
| December 2024 | ₹6,575.67 | ₹5,058.21 |
Based on the table, TCS’s share price prediction for 2024 continues to show a positive trend with a growth percentage ranging from 19% to 46%. The maximum price prediction for TCS in January 2024 is ₹4,943.96, a 29% growth from the minimum price of ₹3,803.05.
The share price continues to exhibit an upward trend throughout the year with the maximum price prediction reaching ₹6,575.67 in December 2024, a 46% growth from the minimum price of ₹5,058.21.
The maximum and minimum share price targets for 2024 are ₹6,575.67 and ₹3,803.05 respectively. These predictions suggest that TCS is expected to perform well in the coming year and is a good investment option for the long-term.
Investors can expect significant growth from their investments in TCS in 2024.
Share Price Target 2025 of Tata Consultancy Services is ₹7,976.40
| When | Maximum Price | Minimum Price |
| January 2025 | ₹6,707.19 | ₹5,159.37 |
| February 2025 | ₹7,060.20 | ₹5,430.92 |
| March 2025 | ₹7,413.21 | ₹5,702.47 |
| April 2025 | ₹6,618.93 | ₹5,091.49 |
| May 2025 | ₹6,017.21 | ₹4,628.63 |
| June 2025 | ₹6,618.93 | ₹5,091.49 |
| July 2025 | ₹6,303.75 | ₹4,849.04 |
| August 2025 | ₹6,566.40 | ₹5,051.08 |
| September 2025 | ₹6,894.72 | ₹5,303.63 |
| October 2025 | ₹7,308.41 | ₹5,621.85 |
| November 2025 | ₹7,820.00 | ₹6,015.38 |
| December 2025 | ₹7,976.40 | ₹6,135.69 |
According to the table, TCS’s share price prediction for 2025 remains bullish with a growth percentage ranging from 18% to 29%. The maximum price prediction for TCS in January 2025 is ₹6,707.19, a 30% growth from the minimum price of ₹5,159.37.
The share price continues to exhibit an upward trend throughout the year with the maximum price prediction reaching ₹7,976.40 in December 2025, a 29% growth from the minimum price of ₹6,135.69. The maximum and minimum share price targets for 2025 are ₹7,976.40 and ₹5,159.37 respectively.
Investors can expect substantial growth from their investments in TCS in 2025.
Tata Consultancy Services Share Price Prediction 2026-2030
| Year | Maximum Price | Minimum Price |
| 2026 | ₹5,583.48 | ₹3,908.43 |
| 2027 | ₹4,745.96 | ₹3,322.17 |
| 2028 | ₹8,542.72 | ₹5,979.90 |
| 2029 | ₹17,548.07 | ₹12,283.65 |
| 2030 | ₹19,542.17 | ₹13,679.52 |
The future of TCS share price is difficult to predict, as the stock market is subject to many unpredictable factors. However, some analysts have estimated that TCS could reach a share price of around Rs. 5,000-6,000 by 2026 and Rs. 20,000 by 2030. This would represent a three-fold increase in the company’s stock price over the next 10 years, driven by its expanding global presence, increasing customer base, and growing demand for its services. Also, the company’s focus on digital transformation and its strong presence in the cloud computing space could continue to be major drivers of its growth.
Financial Condition of Tata Consultancy Services: Last 5 years
| Narration | Mar-18 | Mar-19 | Mar-20 | Mar-21 | Mar-22 | Trailing |
| Sales | 1,23,104.00 | 1,46,463.00 | 1,56,949.00 | 1,64,177.00 | 1,91,754.00 | 2,16,887.00 |
| Expenses | 90,588.00 | 1,06,957.00 | 1,14,840.00 | 1,17,631.00 | 1,38,697.00 | 1,59,557.00 |
| Operating Profit | 32,516.00 | 39,506.00 | 42,109.00 | 46,546.00 | 53,057.00 | 57,330.00 |
| Other Income | 3,642.00 | 4,311.00 | 4,592.00 | 1,916.00 | 4,018.00 | 3,255.00 |
| Depreciation | 2,014.00 | 2,056.00 | 3,529.00 | 4,065.00 | 4,604.00 | 4,953.00 |
| Interest | 52.00 | 198.00 | 924.00 | 637.00 | 784.00 | 752.00 |
| Profit before tax | 34,092.00 | 41,563.00 | 42,248.00 | 43,760.00 | 51,687.00 | 54,880.00 |
| Tax | 8,212.00 | 10,001.00 | 9,801.00 | 11,198.00 | 13,238.00 | 14,054.00 |
| Net profit | 25,826.00 | 31,472.00 | 32,340.00 | 32,430.00 | 38,327.00 | 40,681.00 |
| EPS | 67.46 | 83.87 | 86.18 | 87.67 | 104.74 | 111.18 |
| Price to earning | 21.12 | 23.87 | 21.19 | 36.25 | 35.71 | 30.85 |
| Price | 1,424.58 | 2,001.65 | 1,826.10 | 3,177.85 | 3,739.95 | 3,429.75 |
The financial performance of TCS has shown remarkable growth over the past five years. From March 2018 to March 2022, the company has seen a significant increase in sales, with a revenue growth of 53.69%. The operating profit of TCS also increased by 68.04% during this period, reaching 53,057.00 in March 2022.
Additionally, the company’s net profit after tax (PAT) increased by 50.12% from 25,826.00 in March 2018 to 40,681.00 in March 2022. Despite an increase in expenses and depreciation, TCS has managed to maintain a consistent growth in its profit margins, as evidenced by its EPS which increased by 63.24%.
The price to earning ratio of TCS also shows a positive trend, with the maximum ratio of 36.25 in March 2021 and the minimum of 21.12 in March 2018. These numbers clearly indicate the company’s stability and growth over the years, making TCS a good option for investors looking for long-term returns.
FAQS
Will the share price of Tata Consultancy Services increase in 2023?
It is anticipated that Tata Consultancy Services per share price will increase to ₹4,696.76 by the end of 2023.
What is the anticipated value of Tata Consultancy Services stock in 2030?
It is estimated that Tata Consultancy Services stock price could be approximately ₹19,542.17 per share by 2030.
Can TCS reach 5000INR?
Yes, according to our analysis, TCS can reach 5000 INR by 2024.
What is Tata Consultancy Services current market value?
As of now, the Tata Consultancy Services stock price is ₹3,432.10, with a market capitalisation of 12.56 trillion INR.
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Conclusion
After analyzing the past performance of the Tata Consultancy Services (TCS) share price, it is clear that the company has been consistently performing well for the past few years. The current share price of TCS is around Rs. 3,432, with a market capitalization of over 12.56 trillion INR.
Based on the past performance of TCS, it is expected that the company will continue to perform well and the share price will increase over the next 7 years. The estimated target price for TCS by 2023 is ₹4,696.76 and by 2030, the estimated target price is ₹19,542.17. Considering the recent market stats and the expected growth rate of the company, these targets are achievable.
Therefore, it is safe to conclude that the TCS share price will continue to increase over the next 7 years, with a target of ₹19,542.17 by 2030, making it a great long-term investment for investors.
