TTML Share Price Target 2022, 2023, 2024, 2025, 2030

  • Reading time:16 mins read
  • Post author:
  • Post last modified:27/06/2022

TTML share price target 2022, 2023, 2024, 2025, 2030: In this article, you will learn about TTML (Tata Teleservices) share price target 2022, 2203, 2024, 2025, and 2030, along with the fundamentals and financials of the company.

For every investor, it is important to know about the company in which they are investing, to get the confidence to hold the stock for the long term.

Also read: 3i Infotech share price target 2022, 2025, 2030.

TTML (Tata Teleservices): Company Profile

Tata Teleservices Limited (TTML) is a leading player in the connectivity and communication solutions market serving enterprise customers. With services ranging from connectivity, collaboration, cloud, security, IoT, and marketing solutions, it offers a comprehensive portfolio of ICT services for businesses in India under the brand name Tata Tele Business Services (TTBS).

TTBS provides integrated telecom solutions to enterprises that go beyond the purview of connectivity into offering one-stop-shop business solutions and managed services. The solutions allow enterprises to be resilient and maintain business continuity in a flexible, scalable, and secure manner. It follows a progressive approach of partnering with Small & Medium Businesses (‘SMBs’) as their trusted technology enabler, empowering them with a comprehensive portfolio of connectivity and digital solutions. The objective is to provide products and services that significantly impact the competitiveness of its customers and enable them to DO BIG.

Delivering customer delight with solutions through a deeper understanding of unique customer needs makes TTML one of the most reliable telecom service providers.

Also read: IRCTC share price target 2022, 2025, 2030.

TTML Share Price Target 2022

The Company has strengthened its portfolio of enterprise-grade solutions such as Cloud-based solutions, Collaboration solutions, IoT, Data Management, and Cybersecurity solutions. These solutions appropriately address the needs arising out of a distributed and remote working environment and enable customers to maintain the ‘business as usual mode while not compromising on efficiency and productivity. Some of our prominent product launches are as below:

Smartflo

Smartflo is an anytime, anywhere, flexible suite of advanced cloud communication solutions for enterprises. It optimizes connectivity, helps build operational resilience, and enables businesses to deliver better customer experiences across channels. It has been innovatively designed to support today’s hybrid work culture.

It allows uninterrupted connectivity between all stakeholders, internally within employees and externally with customers and vendors across platforms and touchpoints. Smartflo enables businesses to strengthen engagement with customers through seamless communication, anytime and anywhere. It allows business minds to go farther from their cubicles, to work better from anywhere they choose to.

Smart Internet Lease Line

It is a one-stop solution for a customer needing bandwidth, manageability, and security when working from home.

Ultra-Lola 3.0

This is a technologically superior Point to Point offer with latency in microseconds, which enables Brokerage Financial institutions to process market data in real-time

Hub Connect

It is a unique high-speed, cloud-ready, secure, private and reliable point to multi-point connectivity enabling connectivity to prominent cloud services providers.

TTML is stepping up its game by introducing new solutions in the cloud, IoT, data management, and cyber security, where there is a huge opportunity in the future. TTML (Tata Teleservices) share price target for 2022 is Rs 180.

TTML Share Price Target 2022
Rs 180

Also read: Yes Bank share price target 2022, 2025, 2030.

TTML Share Price Target 2023

The Company provides its range of products and services to about 7.14 Lakhs subscribers as of March 31, 2021, and is having an optical fiber transmission network of about 17,000 km across Mumbai, the rest of Maharashtra, and Goa. As the 5G technology picks up optical fibers will be used and from the 5G revolution, TTML will benefit a lot. TTML share price target for 2023 is Rs 245.

TTML share price target 2023
Rs 245

TTML Share Price Target 2024

The overall Enterprise telecom market is expected to grow in the coming years after a market decline from FY20 to FY21 due to the COVID-19 impact. As the enterprises are becoming highly resilient to tackle economic downturns, it is unlikely that COVID-19’s impact will be long-term for telcos. Post-Covid, enterprises are accelerating their digital transformation with the adoption of public/hybrid cloud and a variety of digital solutions.

This will drive a surge in the cloud, managed security, colocation, and enterprise data services in the coming years. With hybrid Work from Home (‘WFH”) becoming new normal, IP-based services, like SIP Trunking and VoIP, are expected to boost up revenues in the declining fixed voice services market. ISDN is expected to experience a continued decline in the revenues from the enterprise segment in the forecasted period.

The market adoption of SD-WAN in India is likely to gain traction in the future as use cases and viable solutions from service providers evolve. The SMB segment is expected to grow in the coming years. Going forward, an increase in SMB’s spending on ICT digital transformation solutions such as migration to the cloud, usage of high-speed internet, IoT solutions, digital collaboration, secure VPN services, etc. is expected to drive revenues in this segment. TTML share price target for 2024 is Rs 295.

TTML share price target 2024
Rs 295

Also read: ITC share price target 2022, 2025, 2030.

TTML Share Price Target 2025

The Company is projected to witness growth in the years to come on the basis of:

  • Wide Optical fiber network of ~132,000 kms. (TTSL+TTML).
  • Strong brand presence across customers in this business with deep customer relationships.
  • Wide range of customized solutions enabling to service as a “A One Stop Shop” for meeting needs of enterprise customers and enhancement of the Product portfolio, including Managed Services.
  • Robust Channel Partner Ecosystem.
  • Uniform, high quality customer experience.
  • Emerging new products portfolio. With changing technology and increasing competition and conditions created by COVID-19 epidemic, sustaining the growth without substantial incremental investments may be challenging. The Company may also explore opportunities to strategically restructure certain residual business lines/assets at an appropriate time.

Considering all these opportunities TTML has in the coming future, TTML share price target for 2025 is Rs 350.

TTML Share Price Target 2025
RS 350

Also read: HFCL share price target 2022, 2205, 2030.

TTML Share Price Target 2030

Enterprises in India are gradually realizing the business value that can be generated through digital transformation and adoption of emerging technologies such as Cloud, Collaboration, Mobility, IoT, Analytics, etc. that is generating the demand for enterprise data and managed services.

Enterprises in India are increasingly migrating their applications/ workloads to the cloud, investing in strengthening their connectivity and other digital services as they look to simplify their business operations, enhance workforce productivity, achieve business excellence, and digitally transform themselves. With the increased contribution of WFH, the explosion of devices, and rapidly increasing data usage, OTT and IT companies are experiencing high requirements for high capacity, high-speed networks for their backbone, and data center connectivity.

The sudden COVID-19 outbreak has hugely impacted the Indian UC market in a progressive way. Large and small enterprises have already started to migrate towards video conferencing and collaboration services for business continuity.

All of the above will be driving the demand for Enterprise Data and Managed Services.

Within segments, TTML is likely to see an increase in SMB’s spending on ICT digital transformation solutions such as migration to the cloud, usage of high-speed internet, IoT solutions, digital collaboration, secure VPN services, etc. and when it comes to Large Enterprises, Cloud services, Colocation and IoT based solution are likely to be the most sought after solutions as they undergo digital transformation.

BFSI (“Banking and Financial Services Industry”) and IT/ITeS (including hyper-scalers) verticals will continue to drive investments around scalable applications and customized end-to-end secured solutions such as cloud, data center and enterprise data services. These prime sectors along with Government vertical will continue to dominate the market and are expected to drive revenue growth in the coming years. Apart from the above, Education, Retail (inc. eCommerce) are also emerging as high growth verticals. Considering all these opportunities TTML has to grow its business and improve its financials and performance in the coming years, TTML share price target for 2030 is Rs 910.

TTML Share Price Target 2030
Rs 910

Also read: PNB share price target 2022, 2205, 2030.

TTML Share Price Target 2022, 2203, 2204, 2025, and 2030

YearShare Price Target
TTML Share Price Target 2022Rs 180
TTML Share Price Target 2023Rs 245
TTML Share Price Target 2024Rs 295
TTML Share Price Target 2025Rs 350
TTML Share Price Target 2030Rs 910

TTML Stock Price Movement

TTML share price target 2022, 2023, 2024, 2025, 2030

Frequently Asked Questions

Is it good to buy TTML share?

If you want to hold for the long term, then you can buy TTML shares for long term. TTML will have huge opportunities to grow its business due to the 5G revolution.

What is future of TTML share?

TTML is stepping up its game by introducing new solutions in the cloud, IoT, data management, and cyber security, where there is a huge opportunity in the future. The Company is projected to witness growth in the years to come on the basis of, Wide Optical fiber network of ~132,000 km,
Strong brand presence across customers in this business with deep customer relationships,
Wide range of customized solutions enabling to service as a “A One-Stop-Shop” for meeting needs of enterprise customers and enhancement of the Product portfolio, including Managed Services. Robust Channel Partner Ecosystem. Uniform, high-quality customer experience.

Is TTML and TTBS same?

No, TTML and TTBS are different. TTML stands for Tata Teleservices Maharashtra Limited and TTBS stands for Tata Tele Business Services.

Opstra options strategy builder.