TTML Share Price Target 2024, 2025, 2030, 2040, 2050

A frontrunner in India’s telecom industry, Tata Teleservices (Maharashtra) Ltd (TTML) provides landline and mobile phone service, broadband internet, and various other products and services.

Because of its impressive industry progress, investors are eager to learn about the company’s prospects. To help you decide whether TTML is a sound investment, we’ll look at its share price predictions for 2024–2050, 2030, 2040, and 2050.

What is Tata Teleservices (Maharashtra) Ltd NSE: TTML?

Publicly traded on the National Stock Exchange (NSE) under the symbol TTML is Tata Teleservices (Maharashtra) Ltd. Mumbai, India is home to the company headquarters, which were established in 1996. The biggest Indian corporation, Tata Sons, owns TTML as a wholly-owned subsidiary.

Name	Details
Company Name	Tata Teleservices (Maharashtra) Ltd (TTML)
Company Type	Public
Traded as	NSE: TTML BSE: 532371
ISIN	INE517B01013
Founded	1996
Industry	Telecommunication
Founder	Tata Sons
Headquarters	Mumbai, India
Number of Employees	1,690
Website	www.tatatelebusiness.com

TTML share price Target 2024

Based on our research, the share price objective for TTML in 2024 will be somewhere between ₹70 and ₹204 rupees. The following table displays the annual price estimates broken down by month:

Year	Minimum Target (₹)	Maximum Target (₹)
2024	₹70	₹204

Month (2024)	Minimum Price	Maximum Price
January	₹70	₹78
February	₹74	₹86
March	₹73	₹111
April	₹78	₹100
May	₹71	₹107
June	₹72	₹112
July	₹74	₹170
August	₹72	₹180
September	₹82	₹185
October	₹81	₹192
November	₹85	₹197
December	₹89	₹204

TTML share price Target 2025

In 2025, analysts predict that the share price goal for TTML will be somewhere from ₹119 to ₹282. The following table displays the annual price estimates broken down by month:

Year	Minimum Target (₹)	Maximum Target (₹)
2025	₹119	₹282

Month (2025)	Minimum Price	Maximum Price
January	₹119	₹212
February	₹114	₹220
March	₹121	₹224
April	₹125	₹228
May	₹129	₹232
June	₹134	₹236
July	₹139	₹242
August	₹145	₹248
September	₹151	₹255
October	₹161	₹265
November	₹171	₹275
December	₹179	₹282

TTML share price Target 2030

In 2030, analysts predict that the share price goal for TTML will be somewhere between 685 and 806 rupees. The following table displays the annual price estimates broken down by month:

Year	Minimum Target (₹)	Maximum Target (₹)
2030	₹685	₹806

Month (2030)	Minimum Price	Maximum Price
January	₹685	₹710
February	₹720	₹735
March	₹740	₹750
April	₹755	₹765
May	₹770	₹780
June	₹785	₹790
July	₹795	₹800
August	₹801	₹803
September	₹804	₹805
October	₹805	₹806
November	₹806	₹806
December	₹806	₹806

Share price Target 2040

The anticipated range for the TTML share price 2040 is between ₹1300 and ₹1500. The following table displays the annual price estimates broken down by month:

Year	Minimum Target (₹)	Maximum Target (₹)
2040	₹1300	₹1500

Month (2040)	Minimum Price	Maximum Price
January	₹1300	₹1350
February	₹1325	₹1388
March	₹1334	₹1402
April	₹1378	₹1424
May	₹1397	₹1436
June	₹1405	₹1468
July	₹1410	₹1475
August	₹1445	₹1468
September	₹1445	₹1478
October	₹1457	₹1480
November	₹1470	₹1490
December	₹1481	₹1500

Share Price Target 2050

In 2050, analysts predict that the TTML share price will be anywhere from 1700 to 1850 rupees. The following table displays the annual price estimates broken down by month:

Year	Minimum Target (₹)	Maximum Target (₹)
2050	₹1700	₹1850

Month (2050)	Minimum Price	Maximum Price
January	₹1700	₹1716
February	₹1724	₹1757
March	₹1735	₹1756
April	₹1735	₹1775
May	₹1730	₹1765
June	₹1735	₹1785
July	₹1723	₹1775
August	₹1742	₹1773
September	₹1787	₹1807
October	₹1773	₹1814
November	₹1795	₹1834
December	₹1815	₹1850

Should I buy TTML stock?

Investors hoping to profit from the telecoms industry potential for development in India can consider TTML stock as a viable long term investment choice. The company heavy investment in network expansion and service improvement could propel development in the future.

Year	Minimum Price	Maximum Price
2024	₹70	₹204
2025	₹119	₹282
2026	₹185	₹352
2027	₹226	₹442
2028	₹350	₹556
2029	₹465	₹678
2030	₹685	₹806
2035	₹1000	₹1100
2040	₹1300	₹1500
2050	₹1700	₹1850

Investors should be aware that the stock market is dangerous, including the possibility of losing money due to market fluctuations or intense competition. Prior to making any investing choices, investors should seek the advice of financial experts and conduct extensive research.

Tata Teleservices (Maharashtra) Ltd earning results

TTML financial reports have been all over the place over the last several years. The firm has maintained its sales growth but has been struggling to turn a profit owing to fierce competition and hefty operational expenses.

The income of TTML increased from ₹1,024.99 crore in the previous year to ₹1,079.83 crore in the fiscal year 2021 22. Yet, in 2021 22, the company EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) fell from ₹500 crore in 2020 21 to ₹479 crore.

Expert forecasts on the future of Tata Teleservices (Maharashtra) Ltd.

According to industry analysts, the rising need for telecommunications services in India is the primary driver of TTML high development potential in the following years. The growth of the company network and the enhancement of its services are anticipated to contribute to the increase of its market share and profitability.

On the other hand, industry watchers warn that the corporation faces formidable rivals and new regulations. To stay ahead of the competition, the corporation must continue investing in R&D and expanding its product line.

Is TTML stock good to buy? (bull case & bear case)

Bull Case:

1. Development opportunities abound as TTML expands into new markets and services.
2. One factor that might boost income is the rising demand for data and telecom services.
3. Service offerings and operational efficiency may be enhanced via collaborations with technology enterprises.
4. The upward trend in profitability and financial performance is evident from recent developments.
5. TTML has a leg up in the market because of the Tata Group and the prestige of its brand.

Bear Case:

1. The existence of negative net profit margins and historical losses heightens worries over financial health.
2. The telecom industry has a lot of rivalry for customers’ dollars.
3. Regulative risk is the possibility that operations and profits may be negatively affected by changes in government policy and regulation.
4. Lack of regional diversity and reliance on the Indian market.
5. Technological progress and the need for ongoing innovation to maintain relevance in the trade.

Conclusion

Long-term investors seeking to profit from India telecom industry expansion potential might consider TTML a viable investment choice. Share price predictions for 2024, 2025, 2030, 2040, and 2050 indicate substantial upside potential, and the firm is likely to generate growth in the following years via its emphasis on growing its network and upgrading its services.

Investors should be aware, however, that the stock market is not without its hazards, such as the possibility of loss due to factors including market volatility and intense industry rivalry. Before making any investing choices, it is wise to do your homework and talk to financial experts.

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