friends today we will talk Mapmyindia Share Price Target 2023, 2024, 2025, 2026, 2030 In which direction the performance of this excellent company providing digital map services has the potential to go in the coming years. The way the company’s hold in the digital map business segment is getting stronger, due to this investors are also looking forward to the stock showing excellent growth in the coming times.
Today, along with analyzing the complete details of Mapmyindia’s business, we will also look at the business opportunities of the company, so that we will get a little idea of what will happen in the coming years. Mapmyindia Share Price Target Has the ability to show up to how much money. Let us analyze in detail:-
Mapmyindia Share Price Target 2023
Mapmyindia is India’s leading Advance Digital map services provider, where the company has a database of more than 7.5 lakh villages and more than 7900 cities, accurate digital maps of buildings. Mapmyindia provides the service of its Digital Map only to B2B (Business to Business) and B2B2C (Business to Business to Customer) company, from where the company gets a good amount of Revenue from Recurring Subscription Fees.
If seen slowly, Mapmyindia is continuously strengthening its database, the company is constantly trying to increase its digital map database in every small village and city, because of this, gradually the company’s hold in the market is getting stronger in this digital map business and the business is also increasing accordingly.
Looking at the ever-strengthening business Mapmyindia Share Price Target 2023 If seen in the chart, along with showing good growth, there is full hope of seeing the first target of Rs.1650. As soon as this target becomes profitable, you can soon see another target of Rs.1750.
Mapmyindia Share Price Target 2023 Table
| Years | Mapmyindia Share Price Target 2023 |
|---|---|
| First Target 2023 | Rs 1650 |
| Second Target 2023 | Rs 1750 |
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Mapmyindia Share Price Target 2024
Mapmyindia does not serve its business directly to the customer like Google maps, but provides its digital map service to government organizations and many corporate houses. If we look at the clients of the company, then every big company of the country like HDFC Bank, Airtel, GSTN, Bajaj Finance, Flipkart, Phonepe has more than 2000 clients.
About 90 percent of the market share of Indian digital map is available with Mapmyindia, as the services of the company’s digital map are getting better, due to this many new players are also seen taking their services from the company, due to which there is full hope of seeing an excellent growth in the company’s revenue and profit in the coming time.
As the company’s customer base grows Mapmyindia Share Price Target 2024 If you look till then, you can definitely get to see the first target of Rs 1900 along with earning returns. After that you can definitely look at the second target of Rs 2100 for profit.
Mapmyindia Share Price Target 2024 Table
| Years | Mapmyindia Share Price Target 2024 |
|---|---|
| First Target 2024 | Rs 1900 |
| Second Target 2024 | Rs 2100 |
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Mapmyindia Share Price Target 2025
With the speed with which technology is being seen expanding, along with that the use of Accurate Digital Map is also increasing rapidly. If seen in the coming time, along with the technology update, the use of Drone Delivery, Self Driven cars will also be seen increasing rapidly, for this Accurate Digital Map will be most needed.
Mapmyindia has a better digital map database, as well as provides 3D and 4D map facilities according to customer needs, due to which there is a lot of hope for the company’s business. Also, Mapmyindia has a large team to keep its digital map updated from time to time, so that the company is seen giving the best and accurate information to its customers.
As the use of digital maps will be seen increasing Mapmyindia Share Price Target 2025 Till then, the first target is going to be seen showing Rs 2300 with good growth in the business. And then you can definitely think of holding the second target for Rs.2500.
Mapmyindia Share Price Target 2025 Table
| Years | Mapmyindia Share Price Target 2025 |
|---|---|
| First Target 2025 | Rs 2300 |
| Second Target 2025 | Rs 2500 |
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Mapmyindia Share Price Target 2026
After creating a strong database in India’s digital map segment, Mapmyindia is slowly trying its best to create a strong database of its digital maps in different countries outside like Sri Lanka, Bangladesh, Nepal, Bhutan, Myanmar, UAE, Egypt, due to which the company is going to have a strong hold in India as well as in foreign markets.
The complete focus of the management is to create a strong database of its digital maps in most of the countries within the coming time, for this the company is also seen investing a lot to expand its business in new markets. As the company will launch digital map services in new markets in the coming time, a big jump will definitely be seen in the business growth of the company.
As the business of the company will be seen expanding in the new market Mapmyindia Share Price Target 2026 Till then you can definitely see the first target showing 2800 rupees along with seeing the best growth. After hitting this target, you will surely see another target of Rs 3000 very soon.
Mapmyindia Share Price Target 2026 Table
| Years | Mapmyindia Share Price Target 2026 |
|---|---|
| First Target 2026 | Rs 2800 |
| Second Target 2026 | Rs 3000 |
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Mapmyindia Share Price Target 2030
If we look inside the business of Mapmyindia for a long time, it seems very difficult for any new company to enter this business. Mapmyindia has been working in the digital map business for more than 25 years, due to which the company has a strong database of every small and big city in the country, with the help of which the company is expected to capture a huge market.
It does not appear to be an easy task at all for any other new competing companies to create such a huge digital map database like Mapmyindia within a short span of time. In a way, Mapmyindia’s business works like a monopoly, whose benefits will definitely help the company to grow its business rapidly in the coming times.
Looking at business opportunities in the long run Mapmyindia Share Price Target 2030 Apart from earning excellent returns to the shareholders, there is every possibility of the share price trading around Rs.5500.
Mapmyindia Share Price Target 2023, 2024, 2025, 2026, 2030 Table
| Years | Mapmyindia Share Price Target |
|---|---|
| First Target 2023 | Rs 1650 |
| Second Target 2023 | Rs 1750 |
| First Target 2024 | Rs 1900 |
| Second Target 2024 | Rs 2100 |
| First Target 2025 | Rs 2300 |
| Second Target 2025 | Rs 2500 |
| First Target 2026 | Rs 2800 |
| Second Target 2026 | Rs 3000 |
| Target 2030 | Rs 5500 |
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Future of Mapmyindia Share
Keeping in mind the future, the way Mapmyindia is continuously increasing its digital map database in new places, due to this, there is every possibility of seeing excellent growth in the company’s business in the future.
In the coming time, as most of the companies associated with different industries will be seen using Accurate Digital Map to improve navigation in their products, Mapmyindia has the best database of Accurate Digital Map, so there is full hope of getting the most benefits in the future.
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Risk of Mapmyindia Share
The biggest risk in the company’s business can be seen if the global competitor Google maps ever enters this segment in the coming days in view of the increasing opportunities in the B2C business segment as well as the B2B segment, then its effect can be seen on the business of Mapmyindia.
If we look at the second risk, it is very important to keep the database of the company’s map updated from time to time, if ever Mapmyindia is not successful in keeping the information of its map correct, its big impact will definitely be seen in the company’s business as well.
my opinion:-
There is no doubt that Mapmyindia is an emerging company in the digital map business segment of India, but from the perspective of investors, its risk cannot be ignored at all. If you are planning to invest in this stock for a long time, then it is very important to keep in mind the financial growth of the company from time to time as well as the competition of the business. Before taking any investment decision at any price, do not forget to do a detailed analysis about the company yourself or take the advice of your financial advisor.
Mapmyindia Share FAQ
, How will Mapmyindia share be from the point of view of future?
From the point of view of future, Mapmyindia’s business looks very good, until a big competitor company like Google maps is seen entering this business segment, till then there is full hope of seeing a huge growth in the business of the company.
– Is Mapmyindia share a debt free company?
There is hardly any debt on the company, in a way you can even say debt free.
Who is the CEO of Mapmyindia company?
Mr. Rohan Verma is currently employed as the CEO of Mapmyindia.
I hope you Mapmyindia Share Price Target 2023, 2024, 2025, 2026, 2030 By reading the article, along with the business details of the company, you must have got an idea of how the company is capable of performing in the future. If you still have any question related to this article, then do not forget to ask in the comment section. You can also read our other articles for detailed information about this type of stock related to the share market.
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