TTML Share Price Target

TTML Share Price Target 2023, 2024, 2025, 2030 | Are you interested in investing in TTML (TATA TELESERVICES) Shares? Our report on share price targets for the years ahead will provide you with a detailed analysis of past performance and future possibilities.

TTML Share Price Target 2023, 2024, 2025 and 2030

Overview of TTML (Tata Teleservices Maharashtra Limited) profile –

Tata Teleservices (Maharashtra) Limited (TTML) is a one of key player in the market of connectivity and communication solutions serving enterprise customers. TTML mainly offers complete solutions and services in connectivity, collaboration, cloud, security, IoT and marketing solutions, along with that it also offers all-inclusive portfolio of ICT services for businesses in India under the brand name Tata Tele Business Services (TTBS).

TTML is a company that provides telecom solutions to businesses. Their solutions are beyond just offering internet and phone services. They offer a range of services that help businesses maintain their operations, even in challenging times.

TTML’s main focus is on small and medium-sized businesses, they are putting efforts into understand their unique needs and provide them with a variety of digital solutions. Their goal is to help their customers become more competitive in their respective industries.

Overall, the company is dedicated to delivering excellent customer service and meeting the needs of their customers.

Overview of stock performance of TTML:

Since the listing Tata teleservices share price has shown mixed performance over the years with both ups and downs. Due to heavy competition in Indian Telecom industry from 2008, TTML share price started to decline continually till 2020. It witnessed some upward trend, mainly because of the announcement of merger talks between Tata Teleservices and Bharti Airtel.

But after the failure of merger talks it again started to fall. The company was struggling to face the challenges in telecom industry and this resulted into the high debts so it affected the TTML share price again and it declined further.

Since 2020, the TTML share price experienced the sudden spike and shown the all-time high Rs. 288 till the end of year 2021 and crossed all analysts TTML share price target 2021. This is mainly due to announcement of sale of its consumer mobile business to Bharti Airtel provided some relief to its debt burden and helped to stabilize the TTML share price.

TTML share price target 2022 was opened to Rs. 112 and gone to Rs. 202 then falls to Rs. 108. Since then it is gradually fallen to its current market price of around Rs. 55.50 till March 2023.

TTML monthly chart
TTML monthly chart

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Current Financial standing of TTML:

Revenue: TTML reported consolidated revenue of INR 1105.26 crores for the financial year ended March 31, 2022, as compared to INR 1054.80 crores in the previous financial year.

Net loss: Company reported a consolidated net loss of INR 1215.18 crores for the financial year ended March 31, 2022, as compared to a net loss of INR 1995.24 crores in the previous financial year.

Debt to equity ratio: debt to equity ratio is maintained the same 1.05 that of pervious FY year

Assets: Company’s total assets were valued at INR 378.27 crores as of March 31, 2022 which was INR 487.99 crores in March 31, 2021.

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TTML Share Price Prediction:

Year  First targetSecond target
TTML Share Price Target 20236475
TTML Share Price Target 202492126
TTML Share Price Target 2025153180
TTML Share Price Target 2030234284
TTML Share Price Target 2023, 2024, 2025, 2030

TTML Share Price Future:

TTML’s enterprise business segment has strong business potential and it stands as one of key point for the future growth of the company. The company provides integrated telecom solutions to enterprises, which offers one stop shop business solution and managed services.

TTML’s SMARTFLO provides any time anywhere cloud communication suites with multi-modal, multi-functional, flexible, scalable, and secure solution that ensures digital connectivity and productivity at all times. Brace for a business world without boundaries.

Company’s focus in on the small and medium businesses, they are putting more efforts with their SMART INTERNET services and providing solutions beyond connectivity, which leaves the business owner to contend with problems such as usage visibility, usage control, security, application maintenance, among others.

TTML’s merger with Bharti Airtel did not succeed but the partnership and collaboration with main players in telecom industry would strongly influence the TTML current position and it can open significant growth opportunities.

However, it is important to note that TTML faces significant challenges in the Indian telecom industry, including intense competition, regulatory issues, and a rapidly evolving technology landscape. These challenges could impact the company’s growth prospects in the short and long term.

Overall, TTML’s growth prospects are dependent on its ability to adapt to the changing market conditions and remain competitive in the Indian telecom industry.

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Risks and challenges:

Even though company is working harder but it is in very competitive sector. The biggest players in Indian Telecom industry like Reliance Jio, Airtel, and Vodafone-Idea, which could impact its ability to grow and gain market share.

The telecom industry is evolving rapidly, every other day we can see new technologies like 5G, IoT, and AI driving innovation and disruption. TTML must keep pace with these changes and invest in new technologies to remain competitive. And to overcome this situation company has no great financials backup.

TML has a high debt burden, which could impact its ability to invest in new technologies and compete effectively in the market.

Conclusion:

Based on the analysis of TTML’s past performance and current financial standing, the company’s share price has experienced some volatility for last few years, recently stability due to the sale of its consumer mobile business to Bharti Airtel. The company’s growth prospects lie in its enterprise business segment, which offers integrated telecom solutions to small and medium-sized businesses.

However, the Indian telecom industry is highly competitive, and TTML faces challenges in adapting to rapidly evolving technology and regulatory issues. Additionally, the company’s high debt burden could impact its ability to invest in new technologies and remain competitive.

Therefore, investors should carefully consider these risks and challenges before investing in TTML shares. Given TTML target is totally based on our research and study, please consult your financial advisor before investing.

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What is future of TTML share?

Based on the analysis of TTML’s past performance and current financial standing, the company’s share price has experienced some volatility for last few years, recently stability due to the sale of its consumer mobile business to Bharti Airtel. For year 2023 it will be in the range of Rs.64 to Rs.75

What is the TTML share price target 2024 ?

As per our study TTML share price target for year 2024 will be, first target is Rs.92 and second target will be Rs.126