TATA ELXSI Share Price Target Forecast for Tomorrow and the Years 2024 to 2030 – Market Analysis and Predictions

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Tata Elxsi Ltd, a prominent player within the Tata Group, specializes in providing cutting-edge design and technology services across diverse sectors, including automotive, healthcare, media, and communications. By harnessing its expertise in product design, engineering, and technology development, Tata Elxsi enables organizations to innovate and launch new products and services. Moreover, Tata Elxsi has established itself as a frontrunner in autonomous vehicle technology, artificial intelligence (AI), and digital transformation, significantly influencing the trajectory of various industries. As of October 10, 2024, the Tata Elxsi share price on the NSE is 7,744.00 INR. In this comprehensive analysis, we will delve into the projected Tata Elxsi share price targets spanning from 2024 to 2030, providing insights for investors.

Tata Elxsi Ltd: Market Overview

  • Open Price: ₹7,627.00
  • High Price: ₹8,027.00
  • Low Price: ₹7,627.00
  • Previous Close: ₹7,614.30
  • Volume: 679,383
  • Value (Lacs): ₹52,715.37
  • VWAP: ₹7,857.90
  • UC Limit: ₹9,137.15
  • LC Limit: ₹6,091.45
  • P/E ratio: 61.25
  • Dividend Yield: 0.90%
  • 52-week High: ₹9,200.00
  • 52-week Low: ₹6,411.20
  • Market Cap: ₹48.23K Cr
  • Face Value: ₹10

Tata Elxsi Ltd: Competitors

Tata Elxsi Ltd competes with various leading technology firms. Here are five key competitors along with their estimated market capitalizations:

  1. Infosys Ltd:
    Market Capital: ₹5,80,000 Crores
  2. Wipro Ltd:
    Market Capital: ₹2,34,000 Crores
  3. Tech Mahindra Ltd:
    Market Capital: ₹1,08,000 Crores
  4. HCL Technologies Ltd:
    Market Capital: ₹3,20,000 Crores
  5. Persistent Systems Ltd:
    Market Capital: ₹40,000 Crores

Tata Elxsi Ltd Share Price Chart

Tata Elxsi Share Price Chart

Tata Elxsi Share Price Target 2024 to 2030

Tata Elxsi Share Price Target Years Share Price Target
2024 ₹8,641
2025 ₹10,340
2026 ₹11,545
2027 ₹12,630
2028 ₹13,915
2029 ₹14,747
2030 ₹15,870

Tata Elxsi Share Price Target 2024

The expected target for Tata Elxsi share price in 2024 is ₹8,641. However, several risks and challenges could influence this target:

  1. Increased Competition in Technology Services:
    As technology services become more competitive globally, Tata Elxsi must address threats posed by firms providing similar offerings. Heightened competition in sectors such as AI and vehicle autonomy could lead to pressure on pricing and market share, impacting revenues and share price.
  2. Dependence on Key Industries:
    The fortunes of Tata Elxsi are tied to industries like automotive and healthcare. Sluggish demand or regulatory hurdles in these segments may adversely affect revenue prospects and share performance.
  3. Currency and Global Economic Volatility:
    Given its international engagement, Tata Elxsi is susceptible to fluctuations in currency and unpredictable global economic conditions. Adverse movements in exchange rates may affect profitability and share price goals.

Tata Elxsi Share Price Target 2025

For 2025, the anticipated share price target for Tata Elxsi is ₹10,340. Key risks that may impact this target include:

  1. Technological Obsolescence:
    The rapid pace of technology means Tata Elxsi must innovate consistently. Inability to adapt to emerging technologies can lead to loss of competitive edge and revenue impact.
  2. Economic and Political Instability:
    Operating globally means exposure to economic shifts and political unrest. Changes in government policies and trade agreements can adversely affect project funding and client expenditure.
  3. Client Dependency and Contract Risks:
    A significant portion of Tata Elxsi’s revenue is derived from key clients. Any changes in client contracts or spending levels can lead to revenue volatility, affecting share price.

Tata Elxsi Share Price Target 2030

Looking ahead to 2030, the expected target for Tata Elxsi’s share price is ₹15,870. However, this trajectory may face several challenges:

  1. Evolving Regulatory Landscape:
    As industries advance, regulation concerning data security and industry standards is expected to tighten. Adherence to tightening regulation will necessitate investment in compliance, impacting operational costs.
  2. Sustainability Pressures and Climate Change:
    There’s a growing global focus on sustainability. Tata Elxsi may need to adapt practices to ensure compliance with eco-friendly standards and innovations, which could require significant investment.
  3. Global Economic Conditions and Market Demand:
    Economic declines can significantly impact demand for services. Reduced client spending or project cancellations may adversely affect revenues and growth prospects, impacting share price trajectories.

Tata Elxsi Ltd Shareholding Pattern

  • Promoters: 43.92%
  • Retail and Others: 36.16%
  • Foreign Institutions: 13.67%
  • Other Domestic Institutions: 6.25%

Tata Elxsi Ltd Shareholding Pattern