Vakrangee Limited is an Indian technology-driven company that focuses on providing digital services and solutions to businesses and customers. It is best known for its extensive network of “Vakrangee Kendras” — franchisee-operated centers that offer a wide range of services like banking, insurance, e-governance, and retail products, particularly in rural and underserved areas. Vakrangee Share Price on NSE as of 7 November 2024 is 26.44 INR. Here will provide you more details on Vakrangee Share Price Target 2024, 2025, 2026 to 2030.
Vakrangee Limited: Market Overview
- Open Price: ₹26.66
- High Price: ₹26.95
- Low Price: ₹26.31
- Previous Close: ₹26.70
- Volume: 4,109,599
- Value (Lacs): ₹1,088.22
- VWAP: ₹26.67
- UC Limit: ₹28.03
- LC Limit: ₹25.36
- P/E ratio: 423.65
- Div yield: 0.19%
- 52-wk high: ₹37.69
- 52-wk low: ₹18.40
- Mkt cap: ₹2.87KCr
- Face Value: ₹1
Vakrangee Share Price Chart
Vakrangee Share Price Target Tomorrow 2024 To 2030
Vakrangee Share Price Target Years | SHARE PRICE TARGET |
2024 | ₹41 |
2025 | ₹49 |
2026 | ₹58 |
2027 | ₹67 |
2028 | ₹79 |
2029 | ₹90 |
2030 | ₹112 |
Vakrangee Share Price Target 2024
Vakrangee share price target 2024 Expected target could be ₹41. Here are three key factors that could affect the growth of Vakrangee Limited’s share price target in 2024:
- Expansion of Vakrangee Kendras: The growth and expansion of Vakrangee’s network of Kendras, especially in rural and underserved areas, could drive more customers to access the company’s services. If the company successfully increases its reach, it could boost its revenue and positively impact share price growth in 2024.
- Digital Transformation and Government Initiatives: With the Indian government’s push for digitalization through programs like Digital India, Vakrangee stands to benefit from increased demand for digital services. The company’s ability to align with and support these initiatives could help drive growth in its offerings, especially in e-governance and digital financial services.
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Partnerships and Strategic Alliances: Vakrangee’s partnerships with banks, insurance companies, and retail brands can provide access to new customers and services. Successful alliances with key industry players could increase the company’s market share and revenue streams, strengthening its position and boosting share price growth by 2024.
Vakrangee Share Price Target 2025
Vakrangee share price target 2025 Expected target could be ₹49. Here are three key factors that could affect the growth of Vakrangee Limited’s share price target in 2025:
- Increased Demand for Digital Services: As digital services continue to grow, especially in financial inclusion and e-governance, Vakrangee’s offerings through its Kendras will likely see higher demand. Continued digital adoption, especially in rural areas, could lead to stronger business performance and support share price growth in 2025.
- Technological Advancements and Innovation: Vakrangee’s ability to innovate and integrate new technologies, such as AI and machine learning, into its services will be key. Enhanced customer experiences through digital transformation, especially in financial services and retail, can drive more customers to Vakrangee’s network, supporting future growth and share price appreciation.
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Regulatory Support and Government Policies: As government policies continue to focus on financial inclusion, digital payments, and rural development, Vakrangee could benefit from favorable regulations. Government initiatives that promote e-governance and digital infrastructure would help expand its services, boosting long-term growth potential and positively influencing its stock performance.
Vakrangee Share Price Target 2030
Vakrangee share price target 2030 Expected target could be ₹112. Here are three potential risks and challenges for Vakrangee Limited’s share price target in 2030:
- Intense Competition in the Digital Services Market: The digital services sector is becoming increasingly competitive, with both established players and new startups offering similar solutions. If Vakrangee faces stiff competition, especially from larger tech companies or new entrants, it could affect its market share and profitability, hindering long-term growth.
- Regulatory and Compliance Risks: As Vakrangee operates in various sectors like banking, insurance, and e-governance, any changes in government regulations, compliance requirements, or legal hurdles could increase operational costs or disrupt its services. Stricter regulations could impact profitability and affect the company’s ability to expand and maintain its service network.
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Technological Disruption: The fast-paced evolution of technology poses a risk to businesses like Vakrangee. If the company fails to keep up with technological innovations, such as new digital platforms or automation tools, it could lose its competitive edge. This could negatively affect customer acquisition and retention, putting pressure on growth and share price in the long term.
Shareholding Pattern For Vakrangee Limited
- Promoters: 41.67%
- FII: 2.75%
- DII: 5.13%
- Public: 50.46%
FOR MORE DETAIL FOLLOW THE OFFICIAL WEBSITE:Â https://vakrangee.in/
Vakrangee Limited Financials
(INR) | 2024 | Y/Y change |
Revenue | 2.13B | 7.74% |
Operating expense | 227.26M | -22.46% |
Net income | 43.53M | 333.18% |
Net profit margin | 2.05 | 301.96% |
Earnings per share | 0.04 | — |
EBITDA | 263.83M | 42.09% |
Effective tax rate | 25.76% | — |
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