Tata Elxsi Share Price Target 2024-2023: Tata Elxsi, a leading provider of design and technology services across multiple industries, has seen its stock price soar in recent years. The company is well-positioned to benefit from several key growth drivers, including the increasing demand for design and technology services, the rise of the Internet of Things (IoT), and the growing importance of artificial intelligence (AI) and machine learning (ML).
As investors look to the future, they are naturally curious about the potential for Tata Elxsi share price to continue its upward trajectory. In this blog post, we will analyze the Tata Elxsi Share Price Target for the next several years based on both fundamental and technical analysis.
Overview
Tata Elxsi is a global provider of design and technology services with a strong track record of innovation and excellence. The company serves a diverse range of clients across various industries, including automotive, healthcare, consumer electronics, and broadcast media. Tata Elxsi is known for its expertise in design thinking, product engineering, and digital transformation.
Company Full Details
| Company Name | Tata Elxsi Ltd. |
| Website | https://tataelxsi.com/ |
| Founded | 1989 |
| Headquarters | Bengaluru, India |
| Industry | Information Technology Services |
| Key Products and Services | Design and technology services, product engineering, digital transformation |
| Market Capitalization | ₹82,532.75 crore (as of October 26, 2023) |
| Listed Exchanges | Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) |
Tata Elxsi Share Price Target 2024-2030
| Year | Minimum Target | Maximum Target | % Change from previous year |
|---|---|---|---|
| 2024 | ₹10,181 | ₹11,999 | 13.7% – 21.4% |
| 2025 | ₹12,570 | ₹14,651 | 23.2% – 35.6% |
| 2026 | ₹14,958 | ₹17,303 | 18.8% – 30.6% |
| 2027 | ₹17,133 | ₹20,137 | 14.5% – 29.9% |
| 2028 | ₹19,797 | ₹22,861 | 15.6% – 26.9% |
| 2029 | ₹22,170 | ₹25,539 | 12.0% – 23.6% |
| 2030 | ₹24,542 | ₹28,217 | 10.7% – 21.5% |
Tata Elxsi Share Price Target Today
Tata Elxsi Share Price Target 2024
Tata Elxsi share price is expected to reach between ₹10,181 and ₹11,999 by the end of 2024, representing a potential growth of 13.7% to 21.4% from its current price.
| Target Year | Minimum Target | Maximum Target | % Change from previous year |
|---|---|---|---|
| 2024 | ₹10,181 | ₹11,999 | 13.7% – 21.4% |
Tata Elxsi Share Price Target 2025
Analysts predict Tata Elxsi’s share price to reach between ₹12,570 and ₹14,651 by the end of 2025, potentially growing by 23.2% to 35.6% compared to 2024.
| Target Year | Minimum Target | Maximum Target | % Change from previous year |
|---|---|---|---|
| 2025 | ₹12,570 | ₹14,651 | 23.2% – 35.6% |
Tata Elxsi Share Price Target 2030
By 2030, Tata Elxsi’s share price is projected to reach between ₹24,542 and ₹28,217, potentially growing by 10.7% to 21.5% from 2029. This indicates continued long-term growth potential for the company.
| Target Year | Minimum Target | Maximum Target | % Change from previous year |
|---|---|---|---|
| 2025 | ₹12,570 | ₹14,651 | 23.2% – 35.6% |
Please note: These are just estimates and the actual share price may vary significantly. It is important to consult with a financial advisor before making any investment decisions.
Read Also: TCS Share Price Target 2024
Key Growth Drivers for Tata Elxsi
Several key factors are expected to drive Tata Elxsi’s growth in the coming years:
- Increased demand for design and technology services: The global market for design and technology services is expected to grow at a significant rate in the coming years, driven by the increasing demand for digital transformation across industries.
- Rise of the Internet of Things (IoT): The increasing adoption of IoT devices is creating new opportunities for companies like Tata Elxsi to provide design and engineering services for connected products and platforms.
- Growing importance of AI and ML: AI and ML are transforming businesses across industries, and Tata Elxsi is well-positioned to capitalize on this trend with its expertise in these technologies.
- Global expansion: The company is actively expanding its global presence, which will help it tap into new markets and diversify its revenue base.
Conclusion
Tata Elxsi is a strong company with a bright future. The company’s expertise in design and technology services, its strong track record of growth, and its commitment to innovation make it a compelling investment. While the future is always uncertain, the potential for Tata Elxsi’s share price to continue its upward trajectory is significant.
Important Disclaimer
This blog post is for informational purposes only and should not be considered investment advice. You should always consult with a qualified financial advisor before making any investment decisions.
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