Hello friends, Today we will talk about Adcon Capital Share Price Target 2023, 2024, 2025, 2030. We will try to predict in this article what the share price target of Adcon Capital Industries may be in the future. If you also want to know the technical and fundamental analysis of Adcon Capital share then definitely read this article till the end.
About Adcon Capital Services Ltd
Adcon Capital Services Ltd. was established in 1994. The company is a financial company that does not bank and has no deposits. The company invests in the equity of both listed and unlisted companies. Based on the customer’s profile, the company can offer secured or unsecured loans. The company is a debt-free company but the promoter holding in the company is zero.
Adcon Capital Share Price Target 2023
The company issued a rights issue on December 2, 2022, through which the company has raced a fund of Rs 29 crore. Since then, the company’s stock has seen a steady rise.
In the recent past, the company’s stock has seen a rise of close to 500%. If we talk about Adcon Capital share price target 2023, then the market cap of the company is very low at this time. Therefore, the operators in the company’s stock are also seen playing their game.
Therefore, in such a penny stock, we should invest money very carefully because the operators take this type of penny stock to a high price and sell all their goods and small investors are trapped in it. Due to the operator game, it will be very difficult to say where the adcom capital share price target can be reached in 2023.
Adcon Capital Share Price Target 2025
The company is now a small company and the company’s sales are only 70 lakh rupees. But due to the company’s good business model, the net profit margin of the company remains up to 50%, which is a very good thing. The company will be seen using the money raised through the rights issue to increase the growth of the company’s business, which can see good growth in the company’s sales in the future.
If we talk about Adcon Capital share price target 2025, then the company’s stock is currently trading at a very expensive valuation and the P/E ratio of the company’s stock has reached close to 700. The book value price of the company’s stock is Rs 0.11. After the rise in stock, the company’s stock will see a decline in the stock to adjust its correct valuation.
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Adcon Capital Share Price Target 2030
The company is fundamentally weak if we consider the stock’s long-term price target for 2030. Promoter holding in the company is zero, there is a lot of opportunity to grow in the company’s business model in the future.
If the company management manages its business well in the future, then the company can perform well in the future.
But at present, the situation of the company is not special and the company is a very small company. Therefore, we would like to advise you to stay away from the stock of a company with such poor fundamentals and invest in a good company.