Hello friends, Today we will talk about Brightcom Share Price Target 2023, 2024, 2025, 2030. We will try to predict in this article what the share price target of Brightcom Industries may be in the future. If you also want to know the technical and fundamental analysis of Brightcom share then definitely read this article till the end.
About Brightcom company
In the past three years, Brightcom’s stock has provided investors with amazing gains. Investors in the company have seen returns on their capital of almost 2300% during the last three years. This Brightcom Group firm is a startup in the IT industry. This business was established in 2010. Previously, the company was known as Lycos Internet Ltd. However, the company’s name was changed to Brightcom in 2018. The company’s stock has had a significant surge since that time. This company works to provide online and digital marketing services globally. This company works on a digital ecosystem.
Brightcom Company Share Price Target 2023
In 2018, the name of the company was changed to Brightcom Company. The company’s stock has had a solid climb since that time. In the past three to four years, the price of the company’s shares has increased by over 2200%. The 52-week high of the Brightcom Company Stock is 122 rupees.
Right now, due to the global recession and the stock market of the whole world is seeing a decline. The Stoke Me promoter has reduced its holdings and SEBI had also ordered some action. Due to which the stock of the company is seeing a decline.
But this decline is not going to last long. If we talk about the company’s stock price target 2023, fii has increased its holding in the company’s stock to 12%. We can see a good pull back in the company’s stock. Brightcom Company’s share price target 2023 can be seen up to Rs 25 on the bottom and Rs 50 on the top.
Brightcom Company Share Price Target 2024
Brightcom company is an emerging company in the IT sector. Digital marketing and advertising are the company’s core businesses. This is what the future of our upcoming digital life will be seen. Most of the company’s revenue comes from ad-tech and digital marketing.
The Brightcom company offers advertisements for traffic management, display advertising, email marketing, search advertising, video advertising, affiliate advertising, and digital advertising.
The company’s customer list includes the names of big companies in the country and abroad. Customers of the Brightcom corporation include several organisations, including Vodafone, Airtel, Samsung, British Airways, Coca-Cola, ICICI Bank, Viacom, Sony, and Star.
The company’s sales growth and net profit are continuously growing with good growth. The company’s stock may see a big growth in the upcoming days. Brightcom Company’s share price target can be seen around Rs 70 to Rs 75 in 2024. A strong surge in the company’s stock can be expected if it reaches this level.
Brightcom Company Share Price Target 2025
Brightcom company’s business future is likely to grow well. The management of the company is very good and the company has acquired two small companies of the IT sector for the growth of its business.
The company works to provide ads to its customers through platforms like Google, Yahoo, Unilever. The company works with a large agency like Haves Digital, JWT, Media.com, Mindshare, OMD, Ogilvg One to provide ad to its customers.
Brightcom company has also been successful in repaying all its debt due to continuous good growth in its business. Brightcom company share price target 2025 can be seen from Rs 115 to Rs 135.
Brightcom Company Share Price Target 2030
Our upcoming future is going to be of digital technology. Due to which the demand for companies doing Ad-Tech and Digital Marketing and Software Development seems to be increasing very much. But the IT sector will see a tough competition in the coming days. New companies are coming to this sector every day.
FII has shown its confidence in the company’s stock and has increased its holding from 2% to 12%. The company’s stock has a P/E ratio of 12.50, which is much lower than the Industries P/E ratio of 28.20 at present. Right now, there can be a good jump in the company’s stock price target. In the future, Brightcom’s stock can become the best multibager stock.
Is this the right time to buy Brightcom’s stock?
52-week trading for Brightcom Company It goes up to 122 rupees. If you look at the analysis of the technical chart of the company’s stock, then this is the right time to buy in the company’s stock. The company’s stock can be purchased for a target of Rs 50-60 with a stop loss of Rs 25.
The promoter of the company’s stock has reduced its holding and SEBI had also ordered some action against the company. As a result, the value of the company’s shares is decreasing. Due to which the stock of the company is seen trading around its book value price.
In the previous year, the company’s stock generated gains for investors of 1500%. The company’s net profit is constantly increasing. Because of which the company has become a debt-free company. Brightcom company’s market cap is 6 thousand crores.
The company can expand successfully in the future despite its current small cap company. This type of small cap company has the ability to give higher returns than big companies. The company’s stock is seeing a good decline from the upper levels. This is the best time to shop at Brightcom’s stock.