Latest news with #TataTechnologiesLtd
Time of India
4 days ago
- Business
- Time of India
JM Financial maintains Buy on Tata Technologies, target price Rs 850
JM Financial maintains buy call on Tata Technologies with an unchanged target price of Rs 850. The current market price of Tata Technologies is Rs 743.1. The time period given by the analyst is a year when Tata Technologies Ltd. price can reach the defined target. Tata Technologies, incorporated in 1994, is a Small Cap company with a market cap of Rs 29982.96 crore, operating in the IT Software sector. Tata Technologies' key products/revenue segments include Software Services, Software Products and Other Operating Revenue for the year ending 31-Mar-2024. Financials For the quarter ended 31-03-2025, the company has reported a Consolidated Total Income of Rs 1342.73 crore, down -.17 % from last quarter Total Income of Rs 1345.00 crore and up 1.32 % from last year same quarter Total Income of Rs 1325.19 crore. The company has reported net profit after tax of Rs 185.31 crore in the latest quarter. The company's top management includes Mukherjee, Kevin Harris, Balachandran Balaji, Chandra, Ijari, Sivanandh, Sangwan. Company has B S R & Co. LLP as its auditors. As on 31-03-2025, the company has a total of 41 crore shares outstanding. Investment Rationale Tata Tech?s FY25 annual report offers important data points to dissect its growth. A muted headline growth print (Services: -1% YoY in USD terms) masked an otherwise encouraging underlying trend. Vinfast revenues declined 90%+ YoY during the year (JMFe), implying ex-Vinfast growth of 15% (USD terms). Importantly, this (ex-Vinfast) growth was balanced across Anchor (14%) and non-Anchor (16%) clients. Anchor clients growth, though strong, decelerated from 26% in FY24. Tariff-linked uncertainty towards FY25-end (JLR) and delay in TAMO?s Avinya EV platform might have impacted the growth. These factors, however, appear transitory and should reverse, supporting future growth, in our view. 2x increase in Aerospace helped non-Anchor growth, reflected also in 30% growth in Continental Europe (CE). The company has strengthened leadership in Aerospace vertical with the appointment of Keith Matthews (ex-Belcan) as Head of Aerospace sales. BMW JV recorded Rs 845 million ($10 million) revenues in FY25 (Nov-Mar), with healthy EBITDA margins (20% vs 18% for TATATECH). While a still uncertain environment could weigh on 1H performance, pick-up in Anchor clients, sustained momentum in Aerospace and higher offshoring from European OEMs should aid recovery in 2H. JM Financial retains BUY with an unchanged target price of Rs 850.
Mint
15-06-2025
- Business
- Mint
Dividend Stocks: Bajaj Auto, Hindustan Zinc, Torrent Pharma, among others to trade ex-dividend next week; Full list
Dividend Stocks: Shares of major firms, including Bajaj Auto, Hindustan Zinc, Torrent Pharmaceuticals, Tata Communications, Tata Power, and HDFC Life Insurance Co., are among others that will trade ex-dividend in the week starting Monday, 16 June 2025. The ex-dividend date is when the equity share price adjusts to reflect the next dividend payout. This day, the stock becomes ex-dividend, which means it does not carry the value of its next dividend payment from that day forward. The dividend issue will be payable to all the shareholders whose names appear on the company's list by the end of the record date. According to BSE data, many companies also announced other corporate actions, including a bonus issue. 1. Honeywell Automation India Ltd will declare a final dividend of ₹ 105 per share on Monday, 16 June 2025. 2. LKP Securities Ltd will declare a final dividend of ₹ 0.3 per share on Monday, 16 June 2025. 3. Tata Technologies Ltd will declare a special dividend of ₹ 3.35 per share on Monday, 16 June 2025. 4. Tata Technologies Ltd will declare a final dividend of ₹ 8.35 per share on Monday, 16 June 2025. 1. Hindustan Zinc Ltd will declare a final dividend of ₹ 10 per share on Tuesday, 17 June 2025. 2. Shankara Building Products Ltd will declare a final dividend of ₹ 3 per share on Tuesday, 17 June 2025. 1. eMudhra Ltd will declare a final dividend of ₹ 1.25 per share on Wednesday, 18 June 2025. 2. Sarla Performance Fibers Ltd will declare a final dividend of ₹ 3 per share on Wednesday, 18 June 2025. 1. Panasonic Carbon India Company Ltd will declare a final dividend of ₹ 12 per share on Thursday, 19 June 2025. 2. Reliance Industrial Infrastructure Ltd will declare a final dividend of ₹ 3.5 per share on Thursday, 19 June 2025. 3. Tata Communications Ltd will declare a final dividend of ₹ 25 per share on Thursday, 19 June 2025. 4. Tejas Networks Ltd will declare a final dividend of ₹ 2.5 per share on Thursday, 19 June 2025. 1. Bajaj Auto Ltd will declare a final dividend of ₹ 210 per share on Friday, 20 June 2025. 2. Bank of India will declare a final dividend of ₹ 4.05 per share on Friday, 20 June 2025. 3. Greenlam Industries Ltd will declare a final dividend of ₹ 0.40 per share on Friday, 20 June 2025. 4. HDFC Life Insurance Company Ltd will declare a final dividend of ₹ 2.1 per share on Friday, 20 June 2025. 5. Mawana Sugars Ltd will declare a final dividend of Re 1 per share on Friday, 20 June 2025. 6. Punjab National Bank will declare a final dividend of ₹ 2.9 per share on Friday, 20 June 2025. 7. Rossari Biotech Ltd will declare a final dividend of ₹ 0.5 per share on Friday, 20 June 2025. 8. Solitaire Machine Tools Ltd will declare a final dividend of ₹ 2 per share on Friday, 20 June 2025. 9. Supreme Industries Ltd will declare a final dividend of ₹ 24 per share on Friday, 20 June 2025. 10. Swastika Investsmart Ltd will declare a final dividend of ₹ 0.6 per share on Friday, 20 June 2025. 11. Tata Power Company Ltd will declare a final dividend of ₹ 2.25 per share on Friday, 20 June 2025. 12. Torrent Pharmaceuticals Ltd will declare a final dividend of ₹ 6 per share on Friday, 20 June 2025. 13. Transcorp International Ltd will declare a final dividend of ₹ 0.3 per share on Friday, 20 June 2025. Bajaj Finance Ltd declared a bonus issue of shares at a ratio of 4:1. Shares will trade ex-bonus on Monday, 16 June 2025. A bonus issue is a corporate action that allows existing shareholders to subscribe for additional shares. Instead of increasing the dividend payout, companies offer to distribute additional shares to the shareholders. For example, the company may give out one bonus share for every ten shares held. Bajaj Finance Ltd will undergo a stock split from ₹ 2 to ₹ 1. Shares will trade ex-split on Monday, 16 June 2025. Ajcon Global Services Ltd will undergo a stock split from ₹ 10 to Re 1. Shares will trade ex-split on Friday, 20 June 2025. A stock split is a corporate action that occurs when a company issues additional shares to shareholders to boost liquidity. The total number of shares issued is increased by a specified ratio based on previously held shares. However, if the number of shares outstanding increases by a specific multiple, the total value (in rupees) of all shares outstanding remains the same because a split does not change the company's value. Most common split ratios are 2-for-1 or 3-for-1 (marked as 2:1 or 3:1). For every share held before the split, each stockholder will have two or three shares, respectively, after the split. Shri Krishna Prasadam Ltd: Resolution Plan Suspension on Tuesday, 17 June 2025. Capital Trust Ltd: Right Issue of Equity Shares on Wednesday, 18 June 2025. Disclaimer: This story is for educational purposes only. The views and recommendations above are those of individual analysts or broking companies, not Mint. We advise investors to check with certified experts before making any investment decisions.
News18
14-06-2025
- Business
- News18
Tata Tech Dividend 2025: Rs 11.70 Total Payout, Record Date Set For June 16
Last Updated: Tata Tech has fixed Monday, June 16, 2025, as the Record Date to determine the eligibility of shareholders for the proposed dividend. Tata Technologies has set June 16 as the record date for special and final dividend. Tata Tech Dividend 2025: Tata Technologies Ltd has announced a final dividend of Rs 8.35 per share and a one-time special dividend of Rs 3.35 per share, taking the total dividend payout to Rs 11.70 per equity share for the financial year ended March 31, 2025. The dividend is subject to shareholder approval at the upcoming Annual General Meeting (AGM). The decision was initially recommended by the company's Board of Directors during a meeting held on April 25, 2025. Tata Technologies Special And Final Dividend 2025 Record Date The company has fixed Monday, June 16, 2025, as the Record Date to determine the eligibility of shareholders for the proposed dividend. According to Tata Technologies' regulatory filing, if the dividend is approved at the AGM, payment—after deduction of applicable taxes—will be made on or after the third working day following the conclusion of the AGM. Tata Tech Q4 FY25 Results Tata Technologies posted a consolidated net profit of Rs 188.87 crore in the fourth quarter ended on March 31, 2025 (Q4 FY25), up 20.12 per cent from Rs 157.24 crore in the year-ago period. During the quarter under review, revenue from operations of the Tata Group firm came at Rs 1,285.65 crore, registering a marginal drop of 1.18 per cent as compared to Rs 1,301.05 crore in the corresponding period last expenses during the March 2025 quarter shed 0.57 per cent year-on-year (YoY) to Rs 1,088.20 crore. Tata Tech secured a marquee engagement worth over $500 million, contributing to a total of 17 large deals closed during the year. The number of clients generating $1 million+ revenue grew to 44, reflecting strong client retention and expansion. As of March 2025, the company reported zero debt and cash & equivalents of $174.7 million, positioning it well for future investments in innovation and capacity building. First Published: June 14, 2025, 14:04 IST
News18
04-06-2025
- Business
- News18
Tata Technologies Shares Down 2.5% As TPG Likely Offloads 2.1% Stake Via Block Deal
Tata Technologies Share Price: Shares of Tata Technologies Ltd. opened lower on Wednesday, June 4, following a significant block deal in the Tata Group company. Tata Technologies Share Price: Shares of Tata Technologies Ltd. opened lower on Wednesday, June 4, following a significant block deal in the Tata Group company. Around 86 lakh shares, representing 2.10% of the company's overall equity, changed hands in the transaction, as per exchange data. On Tuesday, CNBC-TV18 reported that US-based private equity firm TPG planned to sell up to a 2.1% stake in the company through block deals. The offer price was reportedly set at Rs 744.5 per share, marking a discount of up to 3% from Tuesday's closing price. The buyers and sellers in this transaction have not been officially disclosed. As of the March quarter, TPG Rise Climate held a 6.01% stake in Tata Technologies. The company recently announced its March quarter results. Revenue declined slightly from the previous year to Rs 1,286 crore, while EBITDA slipped 2% year-on-year to Rs 233.5 crore, with the margin narrowing to 18.2%. advetisement Despite this, Tata Technologies reported a 20% year-on-year rise in consolidated profit after tax (PAT) to Rs 189 crore in Q4FY25, up from Rs 157 crore a year earlier. The company maintained tight control over its expenses, which stood at Rs 1,088 crore for the quarter—lower than Rs 1,119 crore in Q3FY25 and Rs 1,094 crore in the same period last year. This cost discipline supported double-digit profit growth on both a YoY and QoQ basis. Additionally, the board approved a final dividend of Rs 8.35 per equity share, along with a one-time special dividend of Rs 3.35, totaling Rs 11.70 per share for the financial year ended March 31, 2025. Tata Technologies shares ended Tuesday's session at Rs 768 on the NSE, down Rs 6.30 or 0.81%. The stock has underperformed the broader market, falling 26% over the last year and declining 13% so far in 2025. In contrast, the Nifty index has gained 5.5% and 3.4% over the same periods, respectively. Disclaimer:Disclaimer: The views and investment tips by experts in this report are their own and not those of the website or its management. Users are advised to check with certified experts before taking any investment decisions. About the Author Aparna Deb Stay updated with all the latest news on the Stock Market, including market trends, Sensex and Nifty updates, top gainers and losers, and expert analysis. Get real-time insights, financial reports, and investment strategies—only on News18. First Published: June 04, 2025, 10:26 IST
Time of India
20-05-2025
- Business
- Time of India
ITI drive to boost skill devpt, make UP youth job ready
1 2 Lucknow: The UP govt has rolled out the 'ITI Chalo Abhiyan' in a bid to enhance skill development and expand employment opportunities for the youth. Aligned with national flagship initiatives such as 'Make in India', 'Start-up India', 'Stand-Up India' and 'Digital India', the campaign aims to encourage admissions for the academic session 2025 in govt and private ITIs across the state. Emphasising vocational and technical education as the foundation of inclusive growth, the initiative focuses on equipping both rural and urban youth with industry-relevant skills to prepare them for gainful employment, officials said. Calling upon all district magistrates to support the campaign, principal secretary, department of vocational education , skill development and entrepreneurship, Hariom said, "The campaign will aid in a secure future for the youth and will position UP as a frontrunner in skill development." He added, "It's a golden opportunity for the state's youth to become self-reliant and contribute meaningfully to the nation's progress." To make the campaign a success, an extensive publicity drive is being carried out in all districts. Promotional materials, including posters and brochures, have been distributed to all ITIs. District inspector of schools and basic education officers have been directed to promote the campaign in schools to raise awareness among students and parents. Similarly, district panchayat raj officers have been instructed to publicise the initiative during gram sabha meetings. Block development officers will also hold sessions with gram pradhans and school authorities to mobilise participation at the grassroots level. Weekly review meetings, chaired by the chief development officers at the district level, will monitor the campaign's progress and ensure timely interventions, said a govt spokesperson. In collaboration with Tata Technologies Ltd, 149 govt ITIs in the state are offering 11 long-term training courses tailored to the demands of modern technologies and industries. These courses are designed to bridge the gap between education and employment, enhancing job readiness among students. Further, the department of vocational education recently signed MoUs with 22 industrial partners, paving the way for employment opportunities for 27,000 youth.
