back to top
HomeINVESTMENTHuge Dividends By Tata Group Stock; Bumper Returns To Its Investors; April...

Huge Dividends By Tata Group Stock; Bumper Returns To Its Investors; April 24 Meeting

Hot Stocks Alert Join

Today, in this post we’ll discuss Tata Investment Corporation share latest news, fundamentals, potential growth areas, and all sorts of information regarding this company to gain a better understanding. We hope our analysis will provide you better insight about the company.

Tata Group company Tata Investment Corporation Ltd (NSE: TATAINVEST) has given bumper returns to its investors in the last year. 

However, after this rise, there has been a sharp decline in the company’s stock in the last month. 

The action is now observed in the stock once again during the next session.

The company has informed that it will consider the dividend along with the results and can also announce it. 

The company has given this information after the market is closed, the impact on the stock may be seen in the next session.

What Information Has The Company Given?

In the information sent to the stock market, the company has said that a meeting of the company’s board is going to be held on April 24. 

In this meeting, the company will also consider the dividend and if approved then it will also declare the dividend.

Additionally, the company will reveal the results from the March quarter.

The company has distributed a dividend of Rs 48 per share with the ex-date of June 12, 2023. 

Earlier, a dividend of Rs 55 has been given with the ex-date of June 2, 2022.

In the December quarter, the company’s consolidated income reached Rs 50.5 crore, an increase of more than 34 percent compared to last year. 

The profit of the quarter was Rs 53 crore an improvement of 54 percent from the previous year.

The Stock Gave Multi-bagger Returns

The stock has proved to be a multi-bagger for its investors. 

In the last 3 years, stock investment has increased more than 6 times and the return on stock has been 573 percent. 

In the past year, investors earned an average return of 253 percent. This stock yielded an average return of 61 percent through the first quarter of the past year. 

However, after a sharp rise, the stock witnessed a sharp decline in March and the stock fell by 42 percent in just 11 sessions. 

Some recovery has been seen in the stock in April.

About Tata Investment Corporation Ltd 

Tata Investment Corporation Limited is an Indian-based bank that does not have a bank affiliation. The Company is mostly engaged in investing in long-term investments like Equity shares as well as equity-related security.

The main focus of the company’s business is investing in unlisted and listed capital shares debt instruments, and mutual funds, in addition to other companies across a variety of industries.

This is an affiliated company which forms part of Tata Sons Private Limited. 

The principal sources of income comprise dividends, income, and gains derived from the sale of investment securities over the long run.

Fundamental Analysis of Tata Investment Corporation Ltd

Market Cap₹ 34,953 Cr.
Current Price₹ 6,905
52-wk High₹9,757
52-wk Low₹ 1,990
Stock P/E102
Book Value₹ 4,691
Dividend0.70 %
ROCE1.42 %
ROE1.28 %
Face Value₹ 10.0
P/B Value1.47
OPM90.6 %
EPS₹ 68.1
Debt₹ 129 Cr.
Debt to Equity0.01

Tata Investment Corporation Ltd Share Price Target 2024 To 2030

Year1st Target2nd Target
2024₹ 5400₹ 5430
2025₹ 5500₹ 5648
2026₹ 5700₹ 5800
2027₹ 5900₹ 6100
2028₹ 6146₹ 6200
2029₹ 6324₹ 6489
2030₹ 6500₹ 6600
Hot Stocks Alert Join

Tata Investment Corporation Ltd Shareholding Pattern

Promoters Holding
Mar 202373.38%
June 202373.38%
Sept 202373.38%
Dec 202373.38%
Mar 202473.38%
FII Holding
Mar 20231.02%
June 20231.16%
Sept 20231.12%
Dec 20231.20%
Mar 20242.25%
DII Holding
Mar 20230.43%
June 20230.43%
Sept 20230.44%
Dec 20230.45%
Mar 20240.46%
Hot Stocks Alert Join
Govt. Holding
Mar 20230.49%
June 20230.49%
Sept 20230.49%
Dec 20230.49%
Mar 20240.49%
Public Holding
Mar 202324.66%
June 202324.52%
Sept 202324.56%
Dec 202324.48%
Mar 202423.41%

Tata Investment Corporation Ltd Share: Last 5 Years’ Financial Condition

To better understand how the market is performing, let’s look at the outlook of this share in the previous years. 

However, investors should be aware of the risks and the market conditions before making any investment decision.

Last 5 Years’ Sales:

2019₹ 177 Cr
2020₹ 144 Cr
2021₹ 163 Cr
2022₹ 254 Cr
2023₹ 357 Cr
Hot Stocks Alert Join

Last 5 Years’ Net Profit:

2019₹ 134 Cr
2020₹ 90 Cr
2021₹ 155 Cr
2022₹ 214 Cr
2023₹ 344 Cr

Last 5 Years’ Debt-To-Equity Ratio:

20190
20200
20210
20220
20230.01

Last 10 Years’ Profit Growth:

10 Years:4%
5 Years:14%
3 Years:41%
Current Year:37%

Last 10 years’ Return on Equity (ROE):

10 Years:2%
5 Years:1%
3 Years:1%
Last Year:1%

Sales Growth Over 10 Years:

10 Years:3%
5 Years:12%
3 Years:2 4%
Current Year:20%

Conclusion

This article is a complete guide about Tata Investment Corporation Share.

These information and forecasts are based on our analysis, research, company fundamentals and history, experiences, and various technical analyses. 

Also, We have talked in detail about the share’s future prospects and growth potential.

Hopefully, these informations will help you in your further investment. 

If you are new to our website and want to get all the latest updates related to the stock market, join us on Telegram Group.

If you have any further queries, please comment below. We will be happy to answer all your questions. 

If you like this information, share the article with as many people as possible.

Disclaimer: The information on this site is only for informational and educational purposes and shouldn’t be considered financial advice or stock recommendations.

BEST FOR YOU

LEAVE A REPLY

Please enter your comment!
Please enter your name here