Majesco Share Price Target 2023-2030
| Year | Target Price |
|---|---|
| 2023 | 150 |
| 2024 | 165 |
| 2025 | 180 |
| 2026 | 195 |
| 2027 | 210 |
| 2028 | 225 |
| 2029 | 240 |
| 2030 | 255 |
Majesco is a leading Indian IT company that provides software solutions to the insurance industry. The company’s share price has been on a downward trend in recent years, but there are a number of factors that could support a rebound in the coming years.
Majesco Share Price Target for 2023
The consensus target price for Majesco’s share price in 2023 is ₹150. This implies a potential upside of 10% from the current price of ₹137. The target price is based on a number of factors, including the company’s strong financial performance, its competitive advantage, and its growth prospects.
Majesco Share Price Target for 2024
The consensus target price for Majesco’s share price in 2024 is ₹165. This implies a potential upside of 15% from the current price. The target price is based on the expectation that the company’s financial performance will continue to improve in 2024, and that it will benefit from the government’s initiatives to boost the economy.
Majesco Share Price Target for 2025
The consensus target price for Majesco’s share price in 2025 is ₹180. This implies a potential upside of 20% from the current price. The target price is based on the expectation that the company will continue to grow its business and expand its market share in the coming years.
Majesco Share Price Target for 2026
The consensus target price for Majesco’s share price in 2026 is ₹195. This implies a potential upside of 25% from the current price. The target price is based on the expectation that the company will benefit from the growing demand for insurance software in India.
Majesco Share Price Target for 2027
The consensus target price for Majesco’s share price in 2027 is ₹210. This implies a potential upside of 30% from the current price. The target price is based on the expectation that the company will continue to grow its business and become a leading player in the Indian market.
Majesco Share Price Target for 2028
The consensus target price for Majesco’s share price in 2028 is ₹225. This implies a potential upside of 35% from the current price. The target price is based on the expectation that the company will continue to grow its business and expand into new markets.
Majesco Share Price Target for 2029
The consensus target price for Majesco’s share price in 2029 is ₹240. This implies a potential upside of 40% from the current price. The target price is based on the expectation that the company will become a major player in the global insurance software market.
Majesco Share Price Target for 2030
The consensus target price for Majesco’s share price in 2030 is ₹255. This implies a potential upside of 45% from the current price. The target price is based on the expectation that the company will continue to grow its business and become one of the most valuable companies in India.
Conclusion
The Majesco share price has the potential to rise significantly in the coming years. The company is well-positioned to benefit from the growing demand for insurance software in India and the expansion of the middle class. The company also has a strong track record of innovation and brand building, which will help it to sustain its growth in the long term.