If you’re an investor or considering investing in Route Mobile, you may be wondering what the Route Mobile share price target is for upcoming years like 2023, 2024 and up to 2050. Well, you can get all the related content on this web page which is presented to you by the team members of sharekingz.com.
Route Mobile, as the largest communication platform provider in India, is a rapidly expanding IT company that serves enterprises, OTT players, and mobile network operators. The company has also begun offering IT software services, which have accelerated its growth.
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Route Mobile Limited Overview
Route Mobile, formerly known as Routesms Solutions Ltd, is an Indian cloud communications platform as a service (CPaaS) company that was incorporated in 2004. The company has provided services to over 30,000 clients and has worked with over 900 mobile networks worldwide. Route Mobile owns 7 strategic data centers and has a strong network base. The company has more than 360 employees.
Route Mobile’s management team includes Rajdipkumar Gupta as MD & CEO, Sandipkumar Gupta as Chairman & Non-Executive Director, Mujahid Rupani as Group CTO, Suresh Jankar as Chief Financial Officer, and Milind Pathak as Chief Business Officer.
The company’s portfolio includes solutions in messaging, voice, email, SMS filtering, analytics, and monetization. They offer a comprehensive communication product stack based on CPaaS principles, incorporating Conversational AI for a wide range of industries such as social media companies, banks and financial institutions, e-commerce entities, and travel aggregators.
In addition, Route Mobile has completed several acquisitions, including Call2Connect, 365 Squared, TeleDNA, SendClean, Masiv, among others. These strong acquisitions demonstrate the growth potential of the company.
Route Mobile Share Analysis
Data As of 25th August 2023
Current Market Price | Rs. 1,530 |
Market Cap | Rs. 9,552 Crore |
P/E Ratio | 27.4 |
EPS | 56.14 |
52 Week High | Rs. 1,760 |
52 Week Low | Rs. 1,131 |
Book Value | Rs. 292 |
Dividend Yield | 0.72% |
ROCE | 22% |
ROE | 18.7% |
Promoters Holding | 58.32% |
FIIs Holding | 21.34% |
DIIs Holding | 6.81% |
Public Holding | 13.53% |
Route Mobile has achieved an impressive compounded profit growth of 22% for 5 years and 44% for 3 years. The company’s sales growth is also notable and it has very little debt. Overall, Route Mobile is a good company that should be considered by stock investors.
Positive Points of Route Mobile Stock:
- Route Mobile has very little debt.
- The company has achieved a good profit growth of 22.3% CAGR over the last 5 years.
- It could benefit from the upcoming digital growth in India.
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Negative Points of Route Mobile Stock:
- A global recession and a declining IT sector could be a cause for concern for the company.
- The increasing competition in the sector may negatively impact the company’s performance.
Route Mobile Share Price Target 2023 to 2050
In September 2020, Route Mobile’s stocks were listed on the Indian Stock exchanges with an IPO share price of Rs. 350. Since then, the stock has grown almost 5.5 times. Despite the perceived complexity of the company’s business model, it is actually quite simple. For instance, when we perform an ATM transaction, we receive an instant SMS alert from the bank. This SMS alert service is provided by an enterprise such as Route Mobile, which serves banks and other enterprises that serve us.
As large corporations and enterprises increasingly prioritize digitization, Route Mobile is well-positioned to experience impressive growth. Taking these factors into consideration, we believe that the following share target prices can be achieved if everything goes according to plan.
Year | Route Mobile Share Price Target |
2023 | Rs. 1,652 |
2024 | Rs. 2,065 |
2025 | Rs. 2,478 |
2026 | Rs. 2,974 |
2027 | Rs. 3,866 |
2028 | Rs. 4,640 |
2029 | Rs. 5,104 |
2030 | Rs. 6,124 |
2031 | Rs. 6,737 |
2032 | Rs. 7,410 |
2033 | Rs. 9,634 |
2034 | Rs. 12,524 |
2035 | Rs. 16,281 |
2036 | Rs. 21,165 |
2037 | Rs. 25,398 |
2038 | Rs. 33,017 |
2039 | Rs. 42,923 |
2040 | Rs. 51,507 |
2041 | Rs. 61,809 |
2042 | Rs. 72,934 |
2043 | Rs. 86,062 |
2044 | Rs. 101,554 |
2045 | Rs. 119,833 |
2046 | Rs. 141,403 |
2047 | Rs. 166,856 |
2048 | Rs. 196,890 |
2049 | Rs. 232,330 |
2050 | Rs. 274,149 |
Route Mobile Share Growth Factors
When examining the growth factors of a business in the stock market, two main factors need to be considered – economic factors and business factors.
Generally, if the global economy is not performing well, most businesses will struggle. Conversely, if the economy is performing well, companies with strong fundamentals will generally perform well too. While there may be some concern for 2023 and 2024 due to an expected worldwide economic slowdown, the economy is predicted to improve after this period, which should benefit Route Mobile.
When considering business factors, the company’s growth may be affected by the rising competition in the sector. Numerous firms may provide similar services, attempting to compete with Route Mobile by offering the same services at a lower cost. Moreover, the IT industry is already facing competition from big players such as TCS, Infosys, Wipro, HCL Tech, among others.
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FAQs Related to Route Mobile Share Target Price
Why Route Mobile share price falling?
Due to concerns over a global recession, the stock markets experienced a significant decline, particularly IT stocks. Consequently, Route Mobile also experienced a decline.
Is it good to buy Route Mobile share?
Based on the above analysis, Route Mobile appears to be a promising stock. However, it is recommended that investors conduct their own analysis and seek advice from a financial advisor before investing.
What is the target price of Route Mobile stock for 2025?
By the end of 2025, Route Mobile may reach a price range of Rs. 2300 to Rs. 2500, but this is only a projection based on certain factors and there is no guarantee that it will actually reach that price.
Is Route Mobile share good for long-term?
Indeed, it possesses all the traits that a share suitable for long-term investment should possess.
Conclusion
In conclusion, we believe that Route Mobile is a company with significant growth potential. Based on our analysis, we predict that the company’s share price will continue to rise in the coming years. This is just for educational purposes only. It’s not a trading recommendation.
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