Tata Technologie Shares: Tata Group company, Tata Technologies shares opened on July 15 with a slight increase on July 15. During the business, it saw a rise of up to 2 per cent. However, after the report of brokerage firms, the sentiment has weakened about this stock in the market. The company announced the results of the June quarter after the market closed on Monday 14 July. The company’s revenue witnessed less than expected, but the margin remained weak with estimates.
Due to this, many big brokerage firms like JP Morgan, Goldman Sachs, City and ICICI Security have maintained a bearish stance on this stock. To cover this stock, 12 out of 17 analysts, ie about 70 percent of analysts, have rated it ‘Sell’ (selling). Some brokerage has predicted its shares to fall by 40%.
JP Morgan rated ‘underweight’
Goldman Sachs rated ‘Sell’
Goldman Sachs has rated Tata Tech shares as ‘SELL’ and has fixed the target price of Rs 560 for this. Brokerage said the company’s June quarter results were almost in accordance with its estimates. The company’s revenue was 1 per cent higher than estimates and 7 per cent higher than operating profit (EBITDA) estimate. While the Ebitda margin declined by 80 basis points.
Brokerage said the company’s margin has been affected in the company’s core service business. However, the management of the company has expressed the possibility of improvement from the September quarter due to the deal and better customer engagement during the June quarter.
City targeted ₹ 450
City has also rated this stock of SELL and has fixed the target price of Rs 450 for this. This is the lowest target price found on this stock on Dalal Street. Brokerage said that the company fell on a quarterly basis and on an annual basis in Constant Currency, which was estimated to be estimated, but it is also disappointing.
Brokerage said that during the entire financial year 2026, the company’s revenue has been estimated by a 5% decline and has cut EPS estimates by 4-5% for FY26-28.
ICICI Securities also rated Sell
Brokerage firm ICICI Securities has also rated the Sell of Tata Group. But its target price has been increased from Rs 480 to Rs 510. Brokerage said that the aerospace segment has strong growth, and the management is expected to recover from the September quarter. This recovery can be supported by a strong order book of June quarter. Brokerage increased the EPS estimate of 0.6% for FY26 by 0.6% and made a slight change in FY27–28.
Display in stock market
Around 1 pm, Tata Technologies shares were trading at a price of Rs 729.90 with a rise of 1.83 per cent on NSE. Since January 2025, this stock has fallen by about 18 per cent. At the same time, this stock is trading below 50% from its all-time high of Rs 1,400 made after the listing. But despite this, this stock is still trading slightly above its Rs 500 IPO price.
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