Welcome to the comprehensive analysis of Quess Corp’s share price target for the years 2023, 2024, 2025, and beyond till 2030. In this report, we delve into the factors influencing Quess Corp’s stock performance and attempt to answer the crucial question: Can Quess Corp reach the significant milestone of 1000 INR per share? Join us as we explore the company’s financials, market trends, and growth prospects to gain a better understanding of the potential trajectory of Quess Corp’s share price in the coming years.
QUESS CORP IN RECENT NEWS
- According to a survey conducted by Quess Corp Ltd, a business service provider, 80% of informal employees, comprising 4,179 respondents from both metro and non-metro cities, express the expectation that their employers should offer them the assurance of Employee State Insurance and other medical benefits.
- The study revealed that 83% of respondents within the 26-35 age bracket and 81% of respondents in the 36-45 age group anticipated their employers to furnish them with the assurance of Employee State Insurance (ESI) and other medical benefits.
HOW TO BUY QUESS CORP SHARES IN INDIA?
You can buy Quess Corp shares in India through various stockbrokers and investment platforms such as:
- ICICI Direct
- HDFC Securities
- Angel Broking
- Kotak Securities
- Motilal Oswal
- Axis Direct
QUESS CORP SHARE PRICE TARGET 2023 TO 2025
Let’s examine the statistics regarding the projected share price target for the period between 2023 and 2025, after conducting a thorough review of the company.
QUESS CORP SHARE PRICE TARGET FOR 2023
|When||Maximum Price||Minimum Price|
In 2023, Quess Corp’s share price target demonstrates a gradual upward trend over the course of the year. Starting from ₹427.40 in July, the share price increases steadily, reaching ₹454.89 in December. This consistent growth indicates positive market sentiment and investor confidence in the company’s performance. It is worth noting that the Minimum Price also shows a similar upward movement, starting at ₹388.55 in July and ending at ₹413.54 in December. This suggests a stable floor for the share price, reflecting support and demand from investors. Overall, the data indicates a favorable outlook for Quess Corp’s share price in 2023, providing potential opportunities for investors seeking steady growth in the stock market.
QUESS CORP SHARE PRICE TARGET FOR 2024
|When||Maximum Price||Minimum Price|
In 2024, Quess Corp, a leading business services provider offering technology-enabled staffing and managed outsourcing services across 9 countries, shows a positive trajectory in its share price target. Starting the year with a Maximum Price of ₹478.84 in January, the share price progressively rises to ₹591.21 in December, indicating a notable growth trend. This consistent upward movement signifies investors’ confidence in the company’s operations and future prospects. Additionally, the Minimum Price also demonstrates a similar upward trend, starting at ₹416.38 in January and reaching ₹514.10 in December, further reinforcing the positive sentiment surrounding the stock. With a strong market presence and favorable financial performance, Quess Corp’s share price target for 2024 shows promising potential for investors seeking opportunities in the business services sector.
QUESS CORP SHARE PRICE TARGET FOR 2025
Share Price Target 2025
|Maximum Price||Minimum Price|
In 2025, Quess Corp sets an ambitious share price target with a Maximum Price projected at ₹717.15 and a Minimum Price projected at ₹551.65. The data indicates a promising outlook for the company’s stock performance, showcasing a consistent upward trend throughout the year. Starting from ₹603.04 in January and culminating at ₹717.15 in December, the Maximum Price demonstrates substantial growth potential for investors. Additionally, the Minimum Price also exhibits a notable increase from ₹463.87 in January to ₹551.65 in December, reinforcing the positive sentiment surrounding the stock. With its diverse range of business services and strong market presence across 9 countries, Quess Corp’s share price target for 2025 presents an attractive opportunity for investors seeking potential returns in the business services sector.
QUESS CORP SHARE PRICE TARGET FOR 2026 TO 2030
|Year||Maximum Price||Minimum Price|
From 2026 to 2030, Quess Corp’s share price target exhibits a substantial growth trajectory, reflecting a positive outlook for the company. Starting at ₹824.72 in 2026, the Maximum Price progressively increases, reaching ₹2,886.52 in 2030, showcasing impressive potential for investors. The Minimum Price also demonstrates significant growth, starting at ₹577.30 in 2026 and culminating at ₹2,020.57 in 2030, indicating a strong support level and investor confidence. These projections highlight Quess Corp’s steady expansion and success in offering technology-enabled staffing and managed outsourcing services across various countries. The data suggests a promising long-term investment opportunity, making Quess Corp an attractive option for investors seeking potential high returns in the coming years. However, it is crucial to keep in mind that all investments carry inherent risks, and comprehensive research and expert advice are essential before making any investment decisions.
QUESS CORP FINANCIAL CONDITION (LAST 5 YEARS)
|Year||Mar 2019||Mar 2020||Mar 2021||Mar 2022||Mar 2023|
|Profit before tax||289||-384||185||358||284|
|EPS in Rs||17.57||-30.15||3.92||16.3||15.14|
|Dividend Payout %||0%||0%||179%||25%||53%|
Over the last five years, Quess Corp has shown a consistent growth trajectory in its financial performance. Sales have steadily increased from 8,527 in March 2019 to an impressive 17,158 in March 2023, indicating the company’s ability to expand its revenue base. Despite facing challenges in certain periods, Quess Corp managed to maintain a positive Operating Profit Margin (OPM %), with the OPM % fluctuating between 3% and 6%.
The company’s ability to generate other income played a role in bolstering its overall financial position, with a significant increase from 71 in March 2019 to 80 in March 2023. However, Quess Corp experienced some fluctuations in profitability, with a dip in net profit in March 2020 due to a negative profit before tax figure. Nevertheless, the company rebounded with impressive net profit figures in subsequent years, culminating in 223 in March 2023.
It’s worth noting that the tax % has been relatively stable during this period, varying between -12% to 60%. Additionally, Quess Corp managed to maintain a reasonable Dividend Payout %, with a peak of 179% in March 2021, indicating a commitment to returning value to its shareholders.
Overall, Quess Corp’s financial condition over the last five years showcases a company that has navigated challenges and managed to grow its sales, maintain profitability, and demonstrate resilience in its operations, contributing to a promising outlook for the future.
QUESS CORP SHARE PRICE TARGET BY BROKERAGE FIRMS AND EXPERTS
QUESS CORP SHARE PRICE TARGET BY IIFL
IIFL suggests purchasing Quess Corp with a target price of Rs 468.
The Maximum Price projected for December 2023 is ₹454.89, and the Minimum Price projected is ₹413.54.
The Maximum Price projected for December 2024 is ₹591.21, and the Minimum Price projected is ₹514.10.
The Maximum Price projected for December 2025 is ₹717.15, and the Minimum Price projected is ₹551.65.
Is it worthwhile to invest in Quess Corp for the long term?
Considering the historical data and projections, investing in Quess Corp for the long term seems promising. However, all investments carry risks, and it’s essential to conduct thorough research and seek advice from financial experts before making any investment decisions.
Will the Quess Corp stock grow?
The data indicates that the Quess Corp stock has shown a positive trend over the years, suggesting potential growth. However, stock prices can be influenced by various factors, so investing in any stock carries inherent risks.
Will it reach ₹1000 INR by 2025?
While the data indicates potential growth, reaching ₹1000 INR by 2025 is not guaranteed, as it would require significant growth in the share price within a relatively short period. Investors should carefully assess their risk tolerance and conduct thorough research before making any investment decisions.
Quess Corp’s share price target from 2023 to 2030, we can observe that the share price has been experiencing fluctuations over the years. In the previous years, the share price has shown a steady upward trend, reaching ₹591.21 in December 2024.
Looking ahead to the year 2025, the projected Maximum Price is ₹717.15, and the projected Minimum Price is ₹551.65. As we move further into the future, the share price is projected to continue increasing with the Maximum Price reaching ₹2,886.52 and the Minimum Price reaching ₹2,020.57 by 2030.
However, it’s important to note that predicting stock prices is inherently challenging and subject to various market factors and uncertainties. While the data suggests a generally positive trend for Quess Corp’s share price, it is difficult to definitively determine whether it will reach ₹1000 in the foreseeable future.
Investing in the stock market carries inherent risks, and it’s essential to perform comprehensive research and seek professional financial advice before making any investment decisions. It’s also important to consider other factors, such as the company’s financial health, industry trends, and macroeconomic conditions that can influence the share price.
In conclusion, while Quess Corp’s share price has shown growth in recent years and is projected to continue rising, reaching ₹1000 is not guaranteed and would depend on a multitude of factors in the financial markets and the company’s performance in the years to come.