Tata Technologies Share Price | Profit of Tata Group company decreased, still brokerage is bullish, note the target – NSE: TATATECH
Tata Technologies Share Price | On Tuesday January 21, 2025, Tata Technologies Limited announced its quarterly results. Tata Technologies Company reported a decline in net profit for the December quarter. Tata Technologies' net profit declined by one percent to Rs 169 crore. Tata Technologies Ltd, meanwhile, reported 2 per cent growth in revenue at Rs 1,317 crore, up 2 per cent from Rs 1,289 crore in the same quarter last fiscal.
Fiscal Quarterly Results
Tata Technologies Co on Tuesday reported 7 per cent rise in profit after tax to Rs 157 crore in Q2FY25. The company's revenue grew 1.6 percent to Rs 1,296 crore in the July-September quarter. On Wednesday (January 22, 2025), the stock was trading at Rs 798, down 2.27%.
Tata Technologies Limited Company Share Current Status
On Tuesday, January 21, 2025, shares of Tata Technologies Limited were trading at Rs 816, up 0.44 percent. The total market cap of Tata Technologies Limited is Rs 33,133 crore. The shares of Tata Technologies Limited Company had a 52-week high of Rs 1,179, while the stock's 52-week low was Rs 790.55.
Tata Technologies Company Share Target Price
According to Trendline report, the average target price of Tata Technologies Limited share is Rs 1290. The target price of Tata Technologies shares is 57.92 percent higher than the current Rs 816.85. According to Trendline, two out of three experts have given buy rating for the shares of Tata Technologies Limited Company.
Disclaimer: Investing in mutual funds and stock market is based on risk. Before investing in the stock market, definitely consult your financial advisor. tezzbuzz.com will not be responsible for any financial loss.
Comments are closed.