Year | Target Price |
---|---|
2023 | 2300 |
2024 | 2600 |
2025 | 3000 |
2026 | 3500 |
2027 | 4000 |
2028 | 4500 |
2029 | 5000 |
2030 | 5500 |
Tata Investment Corporation (TIC) is a non-banking financial company (NBFC) that provides a wide range of financial services to corporate and retail customers. The company was founded in 1960 and is a part of the Tata Group, one of the largest conglomerates in India.
TIC’s share price has been on a downward trend in recent years, due to a number of factors, including the economic slowdown in India and the rising interest rates. However, the company is taking steps to turn things around, and analysts believe that its share price has the potential to recover in the coming years.
The consensus target price for TIC’s share price in 2023 is ₹2300. This implies a potential upside of 10% from the current price of ₹2090. The target price is based on a number of factors, including the company’s strong financial performance, its diversified business portfolio, and its focus on new growth areas.
The consensus target price for TIC’s share price in 2024 is ₹2600. This implies a potential upside of 25% from the current price. The target price is based on the expectation that the company’s financial performance will continue to improve in 2024, and that it will benefit from the government’s initiatives to boost the economy.
The consensus target price for TIC’s share price in 2025 is ₹3000. This implies a potential upside of 40% from the current price. The target price is based on the expectation that the company will continue to grow its business and expand its market share in the coming years.
The consensus target price for TIC’s share price in 2026 is ₹3500. This implies a potential upside of 60% from the current price. The target price is based on the expectation that the company will benefit from the growing demand for financial services in India.
The consensus target price for TIC’s share price in 2027 is ₹4000. This implies a potential upside of 80% from the current price. The target price is based on the expectation that the company will continue to grow its business and become a leading player in the Indian financial services industry.
The consensus target price for TIC’s share price in 2028 is ₹4500. This implies a potential upside of 100% from the current price. The target price is based on the expectation that the company will continue to grow its business and expand its operations into new markets.
The consensus target price for TIC’s share price in 2029 is ₹5000. This implies a potential upside of 120% from the current price. The target price is based on the expectation that the company will become a major player in the Indian financial services industry and that its share price will reflect its strong financial performance.
The consensus target price for TIC’s share price in 2030 is ₹5500. This implies a potential upside of 140% from the current price. The target price is based on the expectation that the company will continue to grow its business and become a leading player in the global financial services industry.
Conclusion
The Tata Investment share price has the potential to rise significantly in the coming years. The company is taking steps to turn things around and analysts believe that its financial performance will improve in the coming years. The company is also expanding its business and entering new markets, which will help to drive growth.