PC Jeweller Share Price Target (2023, 2024, 2025, 2026, 2027, 2028, 2029, 2030) | PC Jeweller Limited Business, Financial Trends, Fundamentals and more
In this article, we are going to talk about PC Jeweller company and PC Jeweller share price target. It is being told that this company can perform well in the coming few years. However many investors believe that this stock is not good for the short term, due to which people can also suffer losses.
PC Jeweller has given a return of 272% in a full year (Nov 2021- Nov 2022). That is, if you had invested in this company a year ago, you would have made a profit of more than 2×. So how this stock will be for the long term, we will know all this.
First of all, know the fundamentals of this company, after that we will see pc Jeweller financial trends, so that you can guess for yourself whether you should invest in it or not
Table of Contents
ToggleAbout PC Jeweller
As its name suggests, it is a jeweler-related company. PC Jeweller was incorporated in 2005 with one showroom at Karol Bagh Delhi. Currently, 85 showrooms of this company have been opened which are spread in 70 cities and 19 states. PC Jeweller manufactures and exports Gold and Diamond Jewellery The company plans to open 20 stores every year and also franchise stores.
The company has a future plan to expand the store. It is decided that 50 new stores will be opened by August 2024 which will be made possible by the franchise. This company also has an online store from where you can shop. So the company is working on a new model, it means that this company can perform well in the future. The company only sells hallmarked jewelry and certified diamond jewelry, due to this, a trust is formed between the seller and buyer and the sales of the company are increasing.
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PC Jeweller Fundamentals
Market Cap. | ₹1,588 Cr |
ROE | -5.36% |
P/E Ratio | 16.59 |
EPS | -4.36 |
Debt | ₹3,736 Cr |
Debt To Equity | 1.01 |
Book Value | 79.30 |
PC Jeweller Financial Trends
If we talk about the revenue and profit of PC Jeweller then – Its revenue in 2019 has been ₹ 8,680 crore and its profit is ₹ 0.61 crore. There was a revenue of ₹ 5,207 crore in 2020 and a profit of ₹ 83.04 crore. In the same 2021, there was a profit of ₹ 62 crore with a revenue of ₹ 2,826 crore. And this year i.e. in 2022 there has been a strong loss of 391 crores with a revenue of 1,608 crores.
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PC Jeweller Share Price Target 2023, 2024, 2025, 2026, 2030 Table
Year | PC Jeweller Share Price Target |
---|---|
2023 | ₹135 |
2024 | ₹70 |
2025 | ₹153 |
2026 | ₹237 |
2027 | ₹279 |
2028 | ₹290 |
2029 | ₹323 |
2030 | ₹380 |
For further details about the PC jeweller, you can watch this video before we go further –
PC Jeweller Share Price Target 2023
It is a small-cap stock with high risk. But in this, you also have more chances of getting multi-bagger profit. So the volume of PC Jeweller shares is also very low, due to which investors sometimes find it difficult to sell the shares. So if you buy this stock then invest as much as you are ready to lose. Because sometimes the upper circuit is involved in it and sometimes the lower circuit. In this type of stock, traders like to keep their distance.
If we talk about PC Jeweller share price target 2023, then by looking at its trends right now, we can predict that its share price will be ₹135 – ₹144 in 2023.
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PC Jeweller Share Price Target 2024
As we can see the financial trends of this company are quite weak. And in 2022 this company has lost 391 crores. Due to this, this stock may have to see a lot of decline. We can see the effect of its financial trends on PC Jeweller share price target 2024. So in 2024, we will get to see the first target of ₹70 and if this stock breaks this target then we can get to see the second target of ₹100.
PC Jeweller Share Price Target 2025
We can see good growth in 2025. Because the company is trying its best to expand itself. Due to this, the company will benefit a lot and the share price will increase.
PC Jeweller Share Price Target 2025, in this you can get to see the first share price target of ₹153. And if the company breaks this target, then we will get to see the second target of ₹167.
PC Jeweller Share Price Target 2030
If we look at the long term, this stock can do very well by 2030, we may see an increase of 4 times the value of this share as compared to today’s price. PC Jeweller has given a return of 272% from 2021 to 2022 and will continue to give it further. The fundamentals of the company are improving and the investors are also confident that this company will become a multibagger in the future.
Talking about the PC Jeweller Share Price Target 2030, the first target we will get to see is ₹380, and the second price is ₹420.
Conclusion
We tried to know as much as possible about PC Jeweller in this post. Even though the fundamentals of PC Jeweller are not good and the financial trends are also not good, this company is passionate about performing well in the future.
The company is taking new steps and is also increasing its showroom. It is being claimed that its stock may see a jump in the coming years. While Investing, keep in mind that it’s fundamentals + financial condition are not good right now. If you want more information about this then you can ask by commenting. So see you with another new article.
FAQs
Where is the head office of PC Jeweller?
The head office of PC Jeweller is in Karol Bagh, Delhi, India.
Is PC Jeweller a debt-free company?
No, at present this company has a debt of 3,583 crore.
Is PC Jeweller good to buy?
Right now the fundamentals of the company are very bad and its financials are also not good. So in this way, it is difficult to tell whether the stock should be bought or not.
Is PC Jeweller share good to buy for the long term?
Perhaps this company can give good profit in the long term if this company strengthens its fundamentals and finances. If you buy the stocks of this company then profit can also happen but there is a lot of chance of loss.
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