Tata Investment Corporation Limited (TICL) is a prominent non-banking financial company (NBFC) in India, primarily engaged in long-term investments, including equity shares and equity-related securities. Founded in 1937 as The Investment Corporation of India Limited, the company was promoted by Tata Sons Pvt Ltd. and went public in 1959. Initially focused on supporting new ventures, TICL gradually transformed into an investment company with a diversified portfolio across various sectors.
The company has consistently declared dividends every year since its inception, except for its first year, reflecting its commitment to shareholder returns. TICL is also recognized for its strong credit rating, having been awarded an ‘AAA’ rating by CRISIL, signifying the highest level of safety in terms of interest and principal payments. In leadership, Mr. Noel Tata serves as Chairman, with Mr. F. N. Subedar as Vice Chairman, and Mr. Amit Dalal as Executive Director. In 2012, TICL acquired a 95.57% stake in Simto Investment Co. Ltd., making it a subsidiary, further strengthening its investment portfolio.
Recent News about Tata Investment Corporation Ltd Share Price Target
Tata Investment Corporation Ltd recently announced its Q1 results for the fiscal year 2024-2025, revealing a 10.72% decline in profit year-over-year. This occurred despite a substantial 139.9% increase in revenue compared to the previous quarter, showcasing the mixed nature of the company’s performance as it navigates the current economic environment. Additionally, Tata Investment Corporation has experienced a significant 21% increase in its share price over the past four days, largely attributed to the Union Cabinet’s approval of two semiconductor plant proposals. These developments are aligned with Tata Group’s broader strategy to bolster India’s semiconductor ecosystem, signaling a positive outlook for the company’s future endeavors.
About Shareholding Patterns
Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | |
Promoters + | 73.38% | 73.38% | 73.38% | 73.38% | 73.38% |
FIIs + | 1.16% | 1.12% | 1.20% | 2.25% | 2.35% |
DIIs + | 0.43% | 0.44% | 0.45% | 0.46% | 0.48% |
Government + | 0.49% | 0.49% | 0.49% | 0.49% | 0.49% |
Public + | 24.52% | 24.56% | 24.48% | 23.41% | 23.30% |
No. of Shareholders | 92,424 | 95,562 | 1,14,270 | 1,48,291 | 1,56,353 |
From June 2023 to June 2024, the shareholding pattern of the company showcased a stable and controlled ownership structure, with promoters consistently holding 73.38% of the shares, reflecting their unwavering confidence in the company’s future. Foreign Institutional Investors (FIIs) saw their stake grow from 1.16% to 2.35%, indicating increasing international interest. Domestic Institutional Investors (DIIs) also slightly increased their holdings from 0.43% to 0.48%, highlighting local institutional support. Government ownership remained steady at 0.49%, while public shareholding decreased slightly from 24.52% to 23.30%, likely due to the rise in institutional investments. The number of shareholders expanded significantly from 92,424 to 156,353, demonstrating a broader investor base and increased market interest, which bodes well for the company’s future growth and stability.
How to Buy Tata Investment Corporation Ltd Shares in India?
Below are the trading platforms that you can use to purchase Tata Investment Corporation Ltd shares:
➤ Zerodha
➤ Upstox
➤ Groww
➤ AngelOne
➤ ICICIDirect
Tata Investment Corporation Ltd Share Price Target: 2024 – 2030
Tata Investment Corporation Ltd Share Price Target 2024
When | Maximum Price | Minimum Price |
August 2024 | 6,050.15 | 5,261.00 |
September 2024 | 6,292.16 | 5,471.44 |
October 2024 | 6,168.78 | 5,364.16 |
November 2024 | 6,415.54 | 5,578.73 |
December 2024 | 6,479.69 | 5,634.51 |
As we step into 2024, Tata Investment Corporation Ltd is expected to see its stock price reach a maximum of ₹6,050.15 and a minimum of ₹5,261.00 in August. By December 2024, the stock is projected to achieve a maximum of ₹6,479.69 and a minimum of ₹5,634.51.
Tata Investment Corporation Ltd Share Price Target 2025
When | Maximum Price | Minimum Price |
January 2025 | 6,544.49 | 5,034.22 |
February 2025 | 6,610.59 | 5,085.07 |
March 2025 | 6,749.42 | 5,191.86 |
April 2025 | 6,682.59 | 5,140.45 |
May 2025 | 6,487.95 | 4,990.73 |
June 2025 | 6,779.91 | 5,215.32 |
July 2025 | 6,646.97 | 5,113.05 |
August 2025 | 6,852.55 | 5,271.19 |
September 2025 | 6,934.78 | 5,334.44 |
October 2025 | 7,115.08 | 5,473.14 |
November 2025 | 7,292.96 | 5,609.97 |
December 2025 | 7,621.14 | 5,862.42 |
In 2025, Tata Investment Corporation Ltd is expected to reach a maximum price of ₹6,544.49 and a minimum price of ₹5,034.22 in January. By December 2025, the stock is projected to achieve a maximum of ₹7,621.14 and a minimum of ₹5,862.42.
Tata Investment Corporation Ltd Share Price Target 2026
When | Maximum Price | Minimum Price |
January 2026 | 7,849.78 | 6,038.29 |
February 2026 | 7,653.53 | 5,887.33 |
March 2026 | 7,806.60 | 6,005.08 |
April 2026 | 7,965.92 | 6,127.63 |
May 2026 | 7,887.05 | 6,066.96 |
June 2026 | 8,084.23 | 6,218.64 |
July 2026 | 7,925.71 | 6,096.70 |
August 2026 | 8,170.84 | 6,285.26 |
September 2026 | 8,334.25 | 6,410.96 |
October 2026 | 8,550.94 | 6,577.65 |
November 2026 | 8,764.72 | 6,742.09 |
December 2026 | 8,983.84 | 6,910.64 |
Tata Investment Corporation Ltd Share Price Prediction 2027
When | Maximum Price | Minimum Price |
January 2027 | 9,073.67 | 6,979.75 |
February 2027 | 9,306.33 | 7,158.72 |
March 2027 | 9,669.28 | 7,437.91 |
April 2027 | 9,479.69 | 7,292.07 |
May 2027 | 9,203.58 | 7,079.68 |
June 2027 | 9,617.74 | 7,398.26 |
July 2027 | 9,429.16 | 7,253.20 |
August 2027 | 9,720.78 | 7,477.52 |
September 2027 | 10,061.01 | 7,739.24 |
October 2027 | 10,322.59 | 7,940.46 |
November 2027 | 10,580.66 | 8,138.97 |
December 2027 | 10,845.18 | 8,342.44 |
Tata Investment Corporation Ltd Share Price Target 2028
When | Maximum Price | Minimum Price |
January 2028 | 11,062.08 | 8,509.29 |
February 2028 | 11,345.72 | 8,727.48 |
March 2028 | 11,788.20 | 9,067.85 |
April 2028 | 11,557.06 | 8,890.05 |
May 2028 | 11,220.45 | 8,631.12 |
June 2028 | 11,725.37 | 9,019.52 |
July 2028 | 11,495.46 | 8,842.66 |
August 2028 | 11,850.99 | 9,116.15 |
September 2028 | 12,265.78 | 9,435.21 |
October 2028 | 12,584.69 | 9,680.53 |
November 2028 | 12,899.30 | 9,922.54 |
December 2028 | 13,221.79 | 10,170.60 |
Tata Investment Corporation Ltd Share Price Target 2029
When | Maximum Price | Minimum Price |
January 2029 | 13,486.22 | 10,374.02 |
February 2029 | 13,832.02 | 10,640.02 |
March 2029 | 14,371.47 | 11,054.98 |
April 2029 | 14,089.68 | 10,838.21 |
May 2029 | 13,679.30 | 10,522.54 |
June 2029 | 14,294.87 | 10,996.05 |
July 2029 | 14,014.57 | 10,780.44 |
August 2029 | 14,448.02 | 11,113.86 |
September 2029 | 14,953.70 | 11,502.84 |
October 2029 | 15,342.49 | 11,801.92 |
November 2029 | 15,726.05 | 12,096.96 |
December 2029 | 16,119.21 | 12,399.39 |
Tata Investment Corporation Ltd Share Price Prediction 2030
When | Maximum Price | Minimum Price |
January 2030 | 16,441.59 | 12,647.38 |
February 2030 | 16,863.17 | 12,971.67 |
March 2030 | 17,520.83 | 13,477.56 |
April 2030 | 17,177.29 | 13,213.30 |
May 2030 | 16,676.98 | 12,828.44 |
June 2030 | 17,427.44 | 13,405.72 |
July 2030 | 17,085.73 | 13,142.87 |
August 2030 | 17,614.15 | 13,549.35 |
September 2030 | 18,230.65 | 14,023.57 |
October 2030 | 18,704.64 | 14,388.19 |
November 2030 | 19,172.26 | 14,747.89 |
December 2030 | 19,651.57 | 15,116.59 |
Financial Condition of Tata Investment Corporation Ltd: Last 5 Years
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
Sales + | 144 | 163 | 254 | 277 | 385 | 374 |
Expenses + | 42 | 20 | 25 | 32 | 33 | 36 |
Operating Profit | 102 | 144 | 229 | 246 | 352 | 338 |
OPM % | 71% | 88% | 90% | 88% | 91% | 90% |
Other Income + | 0 | 25 | 18 | 36 | 65 | 78 |
Interest | 0 | 0 | 0 | 8 | 11 | 6 |
Depreciation | 1 | 1 | 1 | 1 | 1 | 1 |
Profit before tax | 101 | 167 | 246 | 272 | 406 | 410 |
Tax % | 11% | 8% | 13% | 8% | 5% | |
Net Profit + | 90 | 155 | 214 | 252 | 385 | 368 |
EPS in Rs | 17.89 | 30.43 | 42.34 | 49.78 | 76.09 | 72.98 |
Dividend Payout % | 101% | 79% | 130% | 96% | 37% |
From March 2020 to March 2024, the company exhibited impressive financial growth and stability. Sales increased substantially from ₹144 crore to ₹385 crore, indicating robust business expansion. Expenses grew moderately from ₹42 crore to ₹33 crore, while operating profit surged from ₹102 crore to ₹352 crore, with a consistently high Operating Profit Margin (OPM) between 71% and 91%. Other income rose from ₹0 crore to ₹65 crore, further boosting profitability. Despite a slight increase in interest expenses from ₹0 crore to ₹11 crore, depreciation remained constant at ₹1 crore. Profit before tax grew significantly from ₹101 crore to ₹406 crore, supported by a reduced tax rate from 11% to 5%, which contributed to a higher net profit from ₹90 crore to ₹385 crore. Earnings Per Share (EPS) also rose markedly from ₹17.89 to ₹76.09, reflecting enhanced shareholder value. The dividend payout ratio decreased from 101% to 37%, indicating a shift towards reinvestment. Overall, the financial performance demonstrates strong growth, effective expense management, and increased profitability.
FAQs
What is the current market cap of Tata Investment Corporation Ltd?
Tata Investment Corporation Ltd’s market capitalization is a substantial ₹30,494 crore.
What is the current share price of Tata Investment Corporation Ltd?
As of August 16, 2024, Tata Investment Corporation Ltd’s share price is ₹6,027, indicating the company’s ongoing market performance.
What is the share price target for Tata Investment Corporation Ltd in 2024?
The share price target for Tata Investment Corporation Ltd in 2024 is projected to range between ₹5,261.00 and ₹6,479.69, suggesting potential growth within this range.
What is the share price target for Tata Investment Corporation Ltd in 2025?
For the year 2025, the share price target is set between ₹4,990.73 and ₹7,621.14, indicating expectations of a gradual increase throughout the year.
What is the share price target for Tata Investment Corporation Ltd in 2030?
By 2030, the share price of Tata Investment Corporation Ltd is expected to range from ₹12,647.38 to ₹19,651.57, highlighting long-term growth potential.
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Conclusion:
ata Investment Corporation Ltd (TICL) has recently demonstrated a dynamic response to evolving market conditions, with notable developments boosting its outlook. Despite a year-over-year decline in profit, the company’s impressive 139.9% increase in revenue reflects a Strong underlying performance. The recent 21% surge in share price, driven by the Union Cabinet’s approval of semiconductor plant proposals, underscores TICL’s strategic alignment with national growth initiatives and the broader ambitions of the Tata Group. This positive momentum, coupled with a solid financial foundation and strong credit rating, positions TICL favorably for continued success. The company’s strategic investments and increased shareholder interest suggest a promising trajectory, reinforcing confidence in its future growth prospects.
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