Friends, in today’s article we will tell you about BrightCom Group Limited Company. As you know, in the coming time, every work will start being done digitally, apart from this, many new technologies are going to come in India, in such a situation, investing in a company related to this sector can prove to be very beneficial.
If you are also looking for a similar company, then today we will tell you about BrightCom Group Limited Share. We will tell you the market position of the company along with the share price of the company till 2023, 2024, 2025, 2026, 2030, 2040.
BrightCom Group Ltd Share Price Target 2023?
Brightcom Group Limited Company is an Indian company. It was founded in the year 2000 by Suresh Reddy. This company mainly works in the sector of digital marketing. This company mainly provides digital marketing and IOT services.
The company has very good customer support. The company’s customers include companies like Airtel, British Airways, Coca-Cola, Hyundai Motors, ICICI Bank, Lenovo LIC, Maruti Suzuki, Qatar Airways.
Looking at the current performance of the company, it seems that the share price of the company will hardly fall because the company has given very negative returns in the last few years. The company has given a return of 84% from the year 2020 April to April 2023. And in the last 6 months its returns have further declined by -57%. Therefore, the chances of the company share price increasing today appear to be very less.
Brightcom Group Ltd Share Price Target 2024?
This is the only company working in the digital market sector, whose market value is Rs 5096 crore. The business segment of the company is quite good. Due to which there are full chances for further growth of the company.
But if we look at the previous figures, the company has given only 7% return in 2015. The company’s share price went up to ₹120 in 2021 and 2022. After that, currently the share price of the company has fallen by 100%.
BrightCom Group Ltd Share Price Target 2025?
If we look at the fundamentals of this company, they look quite good. The company is providing services to many big companies in the digital market and IOT sector. The company is selling its shares in the market at very low prices, due to which the ROE of the company is 20.33%,
which is good, while the EPS is 6.70. Which is quite good according to the share price of the company. The company still has a lot of orders left to complete. For this reason, there is a possibility of increase in the company’s share price in future.
Brightcom Group Ltd Share Price Target 2026?
If we look at the company’s profits in the last few years, the company is giving decent returns to its customers. The financial condition of the company is almost fine. Last year the company had earned a profit of above Rs 900 crore.
The P/B ratio of the company became 0.74 which is good in one respect. Apart from India, BrightCom company is also working in countries like America, Qatar, Britain. Due to the company having good customers, there are more chances of growth for the company.
Brightcom Group Ltd Share Price Target 2030?
If we look at the company’s last year’s revenue, the company’s revenue has been quite good. The company’s revenue has increased by 27% this year by 2023. Apart from this, even after paying all the taxes, there has been a profit of 24%.
Due to good revenue of the company, there is no debt of any kind on the company. It is a good thing for investors that the company does not have any debt. Due to being debt free, the book value of the company has become 30.68 and the shares of the company are being sold in quantity 14% more than the book value of the company.
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BrightCom Group Ltd Share Price Target 2040?
The company also has two subsidiaries, which are helping the company move forward in the digital marketing and technology sector. Seeing the increasing demand for technology, FIIs have also shown confidence in the company and have further increased their stake in the company’s shares by 2%.
The demand of this company is expected to increase significantly in India. Apart from this, the company also got partnership in the projects started by the government. The company’s share price will be like this in future.
BrightCom Group Ltd Share Future?
Comment on the business the company is dealing with. Looking at it, it seems that the company is going to make good profits in the coming time. Seeing the company’s business policy and market demand, FII has taken 2% more shares of the company.
Apart from this, the company is completely debt free, which further increases the expectations of good performance of the company.
BrightCom Group Ltd Share Strength?
The company is completely debt free.
The company’s shares are being sold at 12% more than the book value.
The company’s ROE is 20.33% and EPS is 6.70 which is quite good as per the share price.
The company’s revenue has increased by 27%.
BrightCom Group Ltd Share Weakness?
The promoter holding of the company is quite low.
Most of the promoter holding of the company is mortgaged.
The company’s returns have declined by -57% in the last 6 months.
Our opinion would be that before investing in any company, understand the fundamentals of the company well. Many times a company performs well in the market but its profits keep falling.
BrightCom company is going to work in digital marketing and in the future, as technology develops, it will continue to grow. The demand for this company will also increase. According to me, investing money in this company for short term may be harmful.
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(Q) What does the BrightCom Group Ltd do?
Ans. This company mainly provides digital marketing and IOT services.
(Q) BrightCom Group Ltd where is located?
Ans. Hyderabad, India
(Q)When was the company established?