We are here to predict the share price of a leading Indian global technology company for the year 2023-2030. It is Affle (India) Limited, a company that has given high returns for long-term investment. The investor becomes rich from this company by getting huge returns of up to 488.64% in the last 5 years.
At present, its share price is Rs 1080.00 and at the end of the year 2023, it can reach Rs 1080.30 to Rs 1150.50. And, our research and forecast system it may go up to Rs 1650.40 to 1825.20 by 2025.
Affle (India) Limited is an Indian leading global technology company established in 1994. The company provides services through its multiple platforms such as Jumpp, Appnext, MAAS, Faas, RevX and others.
It is an intelligent platform that provides consumer acquisition, engagement and transactions through contextual mobile advertising. We know that more users use their mobile devices than television and can notice that sometimes mobile ads run.
They have a proprietary consumer intelligence platform that turns ads into recommendations, helping marketers effectively identify, engage, acquire and drive transactions with their potential and existing users.
Fundamentals of Affle India Ltd
Affle (India) Limited is a publicly-traded company listed on the National Stock Exchange and the Bombay Stock Exchange (BSE) in India. The company’s clients are many leading global brands, mobile commerce companies and mobile operators.
| Company Name | Affle (India) Limited |
| Industry | Technology |
| Country | India |
| Primary Exchange | NSE/BSE |
| Founded | 1994 |
| Listed Date | 08/08/2019 |
| Volume | 1,554,835 |
| Market Cap | ₹ 13,205 Cr. |
| Revenue (FY22) | ₹ 1153 Cr. |
| Net Income | ₹ 213.53 Cr. |
| Net Profit Margin | 19.77% |
| PE (TTM) | 52.68 |
| EPS (TTM) | 18.81 |
| Dividend Yield | — |
| Open (Mar23) | 1080.35 |
| 52 Week Low | 866.50 |
| 52 Week High | 1369.00 |
| Current Assets | 942.93 |
| Current Liabilities | 428.74 |
| Debt to Equity | 0.10 |
| Face Value | 2 |
| Official Website | https://affle.com |
For current market data of Affle India Ltd, click on the table below:
Shareholding Pattern
Viewing the shareholding pattern helps in understanding the shares held by promoters and foreign qualified investors (FIIs) and their activity in the company.
| S No | Shareholder name | Percentage |
|---|---|---|
| 1 | Promoters | 58.51% |
| 2 | Mutual funds | 8.48% |
| 3 | Foreign Institutions | 11.53% |
| 4 | Domestic Institutions | 3.21% |
| 5 | Others | 18.27% |
Affle share price history (last 5 years)
| Year | Low (₹) | High (₹) |
|---|---|---|
| 2019 | 150.00 | 324.89 |
| 2020 | 186.17 | 814.49 |
| 2021 | 705.21 | 1207.15 |
| 2022 | 922.35 | 1380.00 |
| 2023 | 982.55 | – |
Affle share price target for the years 2023, 2024, 2025 to 2030
Readers are advised that the target share price forecast is based on our experience, technical analysis and research. The share price target of Affle (India) Limited is only an estimated target price, which may vary from the actual share price value. Therefore, you are advised to do your own research and consult with your financial advisor. The share price forecast of AFFLE (India) Limited from 2023 to 2030 is given below:
2023
In 2023, with our research and forecast system, the lowest share price target is Rs 930.30 to Rs 1050.50. And the maximum target price of AFFLE (India) Limited shares is Rs 1050.30 to Rs 1150.50 at the end of the year.
| Target | Low | High |
|---|---|---|
| Target-I | Rs 930.30 | Rs 1050.50 |
| Target-II | Rs 1050.30 | Rs 1150.50 |
2024
According to our research and forecast system, the minimum share price target is Rs 1090.20 to 1180.50. And at the end of the year, the maximum target price of AFFLE (India) Limited shares can reach Rs 1125.30 to Rs 1220.40.
| Target | Low | High |
|---|---|---|
| Target-I | Rs 1090.20 | Rs 1180.50 |
| Target-II | Rs 1125.30 | Rs 1220.40 |
2025
In 2025, with our research and forecast system, the lowest share price target would be Rs 1350.20 to Rs 1585.50. And the maximum target price of AFFLE (India) Limited shares may reach Rs 1650.40 to Rs 1825.20 at the end of the year.
| Target | Low | High |
|---|---|---|
| Target-I | Rs 1350.20 | Rs 1585.50 |
| Target-II | Rs 1650.40 | Rs 1825.20 |
2026
According to our research and forecast system, the lowest share price target will be Rs 1550.20 to Rs 1750.60. And at the end of the year, the maximum target price of AFFLE (India) Limited shares can reach Rs 1850.30 to Rs 2050.30.
| Target | Low | High |
|---|---|---|
| Target-I | Rs 1550.20 | Rs 1750.60 |
| Target-II | Rs 1850.30 | Rs 2050.30 |
2028
As per our research and forecast system, the minimum share price target will be Rs 2450.30 to Rs 2650.30 in 2028. And by the end of the year, the maximum target price of AFFLE (India) Limited shares can reach Rs 2650.30 to Rs 2850.30.
| Target | Low | High |
|---|---|---|
| Target-I | Rs 2450.30 | Rs 2650.30 |
| Target-II | Rs 2650.30 | Rs 2850.30 |
2030
In 2030, with our research, experience and forecasting system, the lowest share price target would be Rs 2850.30 to Rs 3050.40. And at the end of the year, the maximum target price of AFFLE (India) Limited shares will be Rs 3250.50 to Rs 3520.20.
| Target | Low | High |
|---|---|---|
| Target-I | Rs 2850.30 | Rs 3050.40 |
| Target-II | Rs 3250.50 | Rs 3520.20 |
Risk Factors
There are several risk factors involved with Affle (India) Limited, as this is a highly competitive market that can be easily impacted by new entrants.
- Competition
- Governments financial rules
- Poor management
- Global Crisis
How to Buy Affle Shares?
There are many popular broker firms available, you can open a Demat/Trading account to buy shares of Affle or others.
- KYC: Visit the website of any stock broker firm and enter your personal details, such as name, date of birth and address. Then submit.
- Add Money: Once open your Demat account, you need to deposit funds in your account to trade.
- Find Affle: To buy MRF shares, enter the name on the search bar, and you will find the ticker symbol of Affle (India) Limited, and add it.
- Confirm: Select the number of shares and proceed. Finally, pay and confirm your order.
FAQs
A: To buy Affle shares or any other shares, a Demat account has to be opened. After opening the account, you are ready to trade in the stock market.
A: As its past history shows, it has shown returns of up to 488.64% for long-term investments. But, it is not a fact that it will be good for the long term, there is always risk in the stock market and you should consider it.
A: The target share price of Affle will be Rs 1650.40 to Rs 1825.20 in 2025.
Disclaimer:
All the share/stock price predictions/targets/forecasts on our website (bankshala.com) are for general information only. We are not SEBI-registered financial advisors and no part of the website content provided by us should be considered financial advice, legal advice or any other kind of advice for your investments. Before investing in any company you should research well and analyze it properly. Trading is an uncertain business, please consult your financial advisor before making any investment decision.
