In this article, we will try to analyze the Motisons Jewellers share price target for 2024, 2025, 2026, 2027, 2028, 2029, and 2030 based on the company’s financials and various reports from research and brokerage firms.
Table of Contents
IPO Review-
Motisons Jewellers IPO is getting listed at BSE and NSE. Some of the IPO details are given below-
| Bidding Dates | 18 Dec 2023-20 Dec 2023 |
| Price range | 52-55 INR |
| Issue Size | 151.09 Cr |
| Lot Size | 250 |
Recent News-
Motisons Jewellers IPO has received massive responses from all categories, bringing the total number of subscriptions to 159.61.
For the three months ended June, the company reported a revenue of Rs 86.7 crore and a profit of Rs 5.47 crore.
In FY23, its revenue from operations rose 16% year-on-year (YoY) to Rs 366 crore, while profit jumped 51% to Rs 22.19 crore.
Company Overview-
Motisons Jewellers is a prominent player in the jewelry segment, especially in the Jaipur region. The company was founded in 2011, and the managing director of the company is Mr. Sanjay Chhabra.
Motisons Jewellers offers a variety of jewelry, including gold, diamonds, kundan, and precious and semi-precious stones, as well as platinum. The company also offers an exclusive range of products, such as pearl, silver, platinum items, and other metal ornaments. Motisons Jewellers also launched their online platform in 2011.
Financials
| Market Cap | 1,703 |
| P/E Ratio | 76.87 |
| Industry P/E | 83.49 |
| Debt to Equity | 1.18 |
| Return on Equity | 16.16% |
| Dividend | 0.00% |
Net-profit margin-
| Year | Revenue | Profit |
|---|---|---|
| 2023 | 366.19 | 22.19 |
| 2022 | 314.33 | 14.75 |
| 2021 | 213.04 | 9.67 |
Share price targets for Motisons Jewellers are highly speculative and influenced by numerous factors, such as market conditions, economic indicators, company performance, industry trends, and many more.
We will predict the Motisons Jewellers share price target in 2024, 2025, 2026, 2027, 2028, 2029, and 2030 by analyzing the previous performance and after studying various brokerage and research firm forecasts.
Motisons Jewellers share price target: 2024
| 2024 | Minimum share price | Maximum share price |
|---|---|---|
| January 2024 | X | X |
| February 2024 | X | X |
| March 2024 | X | X |
| April 2024 | X | X |
| May 2024 | X | X |
| June 2024 | X | X |
| July 2024 | X | X |
| August 2024 | X | X |
| September 2024 | X | X |
| October 2024 | X | X |
| November 2024 | 658 | 890 |
| December 2024 | 768 | 875 |
The share price of Motisons Jewellers is expected to continue experiencing volatility throughout the year, with a maximum price target of Rs 890 in November 2024 and a minimum price target of Rs 92 in January 2024. The average price target for Motisons Jewellers in 2024 is expected to be around Rs 538.
Motisons Jewellers share price target prediction for 2024 is based on the company’s financials, previous trends, and various brokerage firm reports.
Motisons Jewellers share price target: 2025
| 2025 | minimum share price | maximum share price |
|---|---|---|
| January 2025 | 772 | 988 |
| February 2025 | 778 | 1095 |
| March 2025 | 850 | 1184 |
| April 2025 | 966 | 1293 |
| May 2025 | 975 | 1290 |
| June 2025 | 1087 | 1398 |
| July 2025 | 1088 | 1416 |
| August 2025 | 1195 | 1521 |
| September 2025 | 1205 | 1558 |
| October 2025 | 1236 | 1636 |
| November 2025 | 1328 | 1745 |
| December 2025 | 1442 | 1850 |
The share price of Motisons Jewellers is expected to continue experiencing volatility throughout the year, with a maximum price target of Rs 1850 in December 2025 and a minimum price target of Rs 772 in March 2025. The average price target for Motisons Jewellers in 2025 is expected to be around Rs 1525.
Motisons Jewellers share price target prediction for 2025 is based on the company’s financials, previous trends, and various brokerage firm reports.
Motisons Jewellers share price target: 2026
The share price of Motisons Jewellers is expected to continue experiencing volatility throughout the year, with a maximum price target of Rs 3075 in December 2026 and a minimum price target of Rs 1745 in March 2026. The average price target for Motisons Jewellers in 2026 is expected to be around Rs 320.
Motisons Jewellers share price target prediction for 2026 is based on the company’s financials, previous trends, and various brokerage firm reports.
Motisons Jewellers share price target: 2027
The share price of Motisons Jewellers is expected to continue experiencing volatility throughout the year, with a maximum price target of Rs 4450 in December 2027 and a minimum price target of Rs 2855 in March 2027. The average price target for Motisons Jewellers in 2027 is expected to be around Rs 398.
Motisons Jewellers share price target prediction for 2027 is based on the company’s financials, previous trends, and various brokerage firm reports.
Motisons Jewellers share price target: 2028
The share price of Motisons Jewellers is expected to continue experiencing volatility throughout the year, with a maximum price target of Rs 5610 in December 2028 and a minimum price target of Rs 4165 in March 2028. The average price target for Motisons Jewellers in 2028 is expected to be around Rs 524.
Motisons Jewellers share price target prediction for 2028 is based on the company’s financials, previous trends, and various brokerage firm reports.
Motisons Jewellers share price target: 2029
The share price of Motisons Jewellers is expected to continue experiencing volatility throughout the year, with a maximum price target of Rs 6845 in December 2025 and a minimum price target of Rs 5264 in March 2029. The average price target for Motisons Jewellers in 2029 is expected to be around Rs 725.
Motisons Jewellers Share price target prediction for 2029 is based on the company’s financials, previous trends, and various brokerage firm reports.
Motisons Jewellers share price target: 2030
The share price of Motisons Jewellers is expected to continue experiencing volatility throughout the year, with a maximum price target of Rs 8274 in December 2030 and a minimum price target of Rs 6746 in March 2030. The average price target for Motisons Jewellers in 2030 is expected to be around Rs 1126.
Motisons Jewellers Share’s price target prediction for 2030 is based on the company’s financials, previous trends, and various brokerage firm reports.
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Strengths of Motisons Jewellers
- Motisons has a strong presence in Jaipur, Rajasthan, a region known for its traditional jewelry manufacturing.
- Motisons Jewellers has a good inventory system through which they compete with their strong competitors.
- The company has almost doubled its revenue and profit.
Weaknesses of Motisons Jewellers
- The promoter was involved in illegal trading activities in the past, which could have a negative impact in the future.
- Motisons Jewellers has obtained unsecured loans totaling Rs 11,444 lakh as of October 31, 2023.
- The company is highly dependable on the four showrooms in Jaipur; any negative influence could lead to negative financial and operational results.
Competitor
| Company | Market Cap | P/E Ratio |
|---|---|---|
| Titan | 317921 | 96.28 |
| Kalyan Jewellers | 33588 | 64.78 |
| Rajesh Exports | 10253 | 8.98 |
| Vaibhav Global | 6753 | 55.88 |
| Senco Gold | 5625 | 34.96 |
Conclusion
We recommend applying for this IPO due to its strong brand, proven track record, and growth plans, along with the current market sentiment. In the grey market, Motisons Jewellers shares are trading at an 80–88% premium. The company has stated that money will be used to fund the working capital requirements.
Disclaimer: I am not a SEBI-registered investment adviser or research analyst. The information shared is only for educational purposes. This is not an investment advice.