Quasar India Share Price Target From 2024 to 2030: The micro-cap company, Quasar India Ltd, though not so popular, has been slowly gaining attention amongst retail investors. With the growth of its market price and an increase in its market cap steadily, the speculation about this particular company could be buzzing among investors. This article presents an in-depth analysis of the share price performance, the fundamentals of Quasar India, and predictions for 2024-2030.
Company Overview
Quasar India Inc. is a trading and investment company, focusing on wholesale trading and other allied activities. It has shown steady growth and performance for returns over the recent period, attracting much attention to the micro-cap space.
Its financial metrics do indicate promise and can be of benefit even for the high-risk investor in undervalued equity shares that could take off by leaps and bounds.
Market Data For Quasar India Share Price
As on the latest available information, some of the key statistics of Quasar India are as follows.
- Open Price: ₹3.35
- High Price: ₹3.35
- Low Price: ₹3.35
- Market Capitalization: ₹17.93 crore
- P/E Ratio: 8.36
- Dividend Yield: Not applicable
- 52-Week High: ₹3.35
- 52-Week Low: ₹1.10
- Current Share Price: ₹3.35 (up from last one year by 13.18% in stock value)
Shareholding Pattern For Quasar India Share Price
The shareholding pattern of Quasar India is significantly dominated by retail investors, standing at 99.78%, while promoters hold a paltry 0.22%. It may be highlighted that promoter holdings remain unchanged in the September 2024 quarter and indicate stability in ownership.
Historical Performance For Quasar India Share Price
In the last year, Quasar India’s stock rose by 13.18%, showcasing its potential in delivering modest returns. This growth is remarkable given its position in the micro-cap segment. Additionally, its performance aligns with broader market trends, reflecting investor confidence in its prospects.
Quasar India Share Price Target (2024 to 2030)
Quasar India Share Price Predictions: The share price targets for Quasar India are derived from its historical performance as well as market trends and potential trajectory growth. These targets are speculative, providing guidance for potential investors.
| YEAR | SHARE PRICE TARGET |
| 2024 | ₹4.5 |
| 2025 | ₹5.6 |
| 2026 | ₹7.7 |
| 2027 | ₹9.8 |
| 2028 | ₹11.9 |
| 2029 | ₹14 |
| 2030 | ₹16.2 |
2024: Quasar India Share Price Target ₹4.5
Quasar India is likely to close 2024 with a marginal increase to ₹4.5. This steady growth infers market confidence and incremental performance in trading operations.
2025: Quasar India Share Price Target ₹5.6
With the rest focus on business growth, the stock price is expected to advance to ₹5.6. Such an increase will reflect substantial annual profit, making it an even more exciting opportunity for micro-cap investors.
2026: Quasar India Share Price Target ₹7.7
2026: the share price is pegged at ₹7.7 on expectations of higher investor action and perhaps improved financial reporting in the near future.
2027: Quasar India Share Price Target ₹9.8
Quasar India’s stock may reach ₹9.8 by 2027. This amount should be based on increased market penetration and potential business expansion.
2028: Quasar India Share Price Target ₹11.9
The company is expected to surpass the ₹10 barrier, to reach ₹11.9 in 2028. Such a milestone is an excellent sign of sustained performance and trust in the markets.
2029: Quasar India Share Price Target ₹14
The share price will gain to ₹14 in 2029, led by a collaboration of bettering fundamentals along with increased investor’s interest.
2030: Quasar India Share Price Target ₹16.2
Quasar India could end the decade at ₹16.2, which is substantial growth from its present level. Long-term investors may see this as an ideal opportunity to build their wealth.
Strengths and Opportunities For Quasar India Share Price
1. Low P/E Ratio: With a P/E ratio of 8.36 Quasar India is rather undervalued against the peers, thus being the golden entry point for investors.
2. Dominance of Retail Customers: The sheer domination of retail customers suggests strong trading activity and liquidity potential, as rare in micro-caps.
3. Growth Potential: Being a micro-cap, Quasar India has the potential to scale up its operations and increase its financial marks if scaled up appropriately.
Risks and Challenges For Quasar India Share Price
1. Low Promoter Holding: Quasar India has a promoter holding of only 0.22%, which may raise questions as to how committed the management is to the direction of the company.
2. No Dividend Policy: The lack of dividend policy may discourages income-seeking investors, while it may attract those who seek capital appreciation.
3. Highly Volatile: As a micro-cap stock, Quasar India will be under significant volatility and therefore will only be recommended to risk-prone investors and not to conservative investors.
FAQs about Quasar India Share Price Target
Q1: Is Quasar India a good investment for 2024?
A1: Quasar India could be a good investment for high-risk investors seeking to invest in micro-cap stocks. However, the investor should carefully analyze the current market trends and diversify the portfolios to reduce risks.
Q2: Why is the promoter holding so low in Quasar India?
A2: The low promoter holding of 0.22% raises questions on the stake management has in the company. Investors should keep an eye on the angle to understand how the company is governed.
Q3: Is Quasar India likely to reach ₹10 by 2027?
A3: Going by the growth trajectory and market conditions prevailing currently, it is not impossible that Quasar India can touch ₹10 by 2027 if it sustains performance and expands operations.
Q4: What are the risks in investing in Quasar India?
A4: Risks involved are high volatility, promoter holding low, and no declared dividend. As this is a micro-cap stock, it may suffer from liquidity problems when the market goes against it.
Q5: How does Quasar India’s P/E ratio compare with that of peers?
A5: With a P/E of 8.36, Quasar India is relatively undersold compared with many peers, making it an attractive choice for value investors.
Quasar India, although one of the small players in the Indian stock market, is still a promising offer for future growth. The Quasar India Share Price target of 2024 to 2030 depicts steady growth in it, thereby promising the speculative investors. However, in this case, due diligence along with a thorough understanding of the risks it carries will always be mandatory for any kind of investment. Diversification is as always the key to this volatile stock market to avoid risks.
