If you are looking for “ Mphasis share price targets” for upcoming years, you are in the right place. Before we dive into Mphasis Ltd. stock price targets, Let’s understand the Mphasis company background, technical fundamentals etc.
About Mphasis Ltd.
Mphasis Ltd. is an IT services and solutions company based in Bengaluru, India. The company was founded in 1992 as a joint venture between the US-based Electronic Data Systems (EDS) and the Indian-based Mphasis Group. Mphasis offers a wide range of services, including application development, cloud computing, and digital transformation. The company has a strong focus on innovation and has received several awards for its products and services. Mphasis serves clients in various industries, including banking, insurance, and healthcare.
Fundamentals of Mphasis Ltd.
Let’s look at the fundamentals of Mphasis, based on which we can get a clear understanding of the expertise in the IT – Software sector.
- Current Market Cap: The current market cap of Mphasis as of 3/11/2023, is ₹ 40,542.59
- P/E Ratio: The current price-to-earning ratio of Mphasis is 30.04
- Sales Growth: Sales growth in last 1 year for Mphasis is 23.03 %
- Profit Growth: Profit growth is around 17.59 % in last 1 year
We have done a complete analysis of Mphasis and have come up with its share price targets for upcoming years.
Mphasis’s Current Share Price is ₹2,152
Note: These price targets of “Mphasis” are only for reference purposes. This prediction is only if there are positive market sentiments, and any uncertainties in the company or global market condition are not covered in this analysis.
|Year||Mphasis Share Price Targets (₹)|
After analysing the chart deeply by taking the monthly time frame analysis on the trading view chart of Paytm we found
The target share price of Mphasis for the year 2023 will be ₹2462
The target share price of Mphasis for the year 2024 will be ₹2617
The target share price of Mphasis for the year 2025 will be ₹2772
The target price of Mphasis for the year 2026 will be ₹2927
The target share price of Mphasis for the years 2027, 2028, 2029, and 2030 will be ₹3082, ₹3237, ₹3392, and ₹3547 respectively.