PMC Fincorp Share Price Target (2023, 2024, 2025, 2026, 2027, 2028, 2029, 2030) | PMC Fincorp Limited Financial Trends, Fundamentals, Businesses and more
PMC Fincorp is penny stock which is currently trading around Rs.2. The stock has given negative returns since 2012, which is -80%. So it comes to the point, whether it would be right to invest in the stock of this company or not. We will know all this in this article, so, stay till the end of this blog.
Hey friends, I am Sachin, an author of this blog and have a good experience in predicting the price of the share. So mainly our focus will be in providing good information of the stock of PMC Fincorp Limited, so that you can decide yourself whether to invest in it or not. So, after knowing about company, we will try to speculate PMC Fincorp Share Price Target, let’s get started.
About PMC Fincorp Limited
PMC Fincorp Ltd is a small cap company which is a non-banking financial company (NBFC) registered with the Reserve Bank of India . Company was established in 1996 in Delhi, India which is primarily focuses on providing loans for business and personal purposes, along with this mortgages and other financial services.
The company offers a range of services and financial products, including loan against property, business loans, gold loans, personal loans, and home loans. PMC Fincorp executes through a network of branches across various states in India and has a customer base of over 4 lakh individuals plus businesses.
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PMC Fincorp Financial Trends
If we talk about the Revenue and Profit of PMC Fincorp then –
Its revenue in 2019 has been ₹ 8.5 Cr and profit is ₹ 1.59 Cr. There was a revenue of ₹ 9.77 Cr in 2020 and a profit of ₹ 1.44 Cr. In the same 2021, there was a profit of ₹ 1.83 crore with a revenue of ₹ 5.43 Cr. And this year i.e. in 2022 there has been a profit of ₹ 1.81 Cr with a revenue of ₹ 7.38 Cr.
PMC Fincorp Share Price Target 2023, 2024, 2025, 2026, 2030 Table
|Year||Minimum Price||Maximum Price|
|PMC Fincorp Share Price Target 2023||2.60||2.90|
|PMC Fincorp Share Price Target 2024||3.60||4.00|
|PMC Fincorp Share Price Target 2025||4.80||5.30|
|PMC Fincorp Share Price Target 2026||6.20||6.80|
|PMC Fincorp Share Price Target 2027||8.00||9.00|
|PMC Fincorp Share Price Target 2028||11.20||11.90|
|PMC Fincorp Share Price Target 2029||13.20||14.50|
|PMC Fincorp Share Price Target 2030||18||20|
PMC Fincorp Share Price Target 2023
As we told you, PMC Fincorp Share has given a overall returns of -80%, which is not good. Talking about the 1 years returns of the share from March 2022 to March 2023, it is -62% while its 6 months returns is -36%. It is not considered good to have negative returns of any such company, due to which investors shy away from investing in that stock. Come to the point, PMC Fincorp Share Price Target 2023 will be ₹2.60 and maximum price can be ₹2.90. The company can give you negative returns, so keeping distance from it can prove to be better for you.
PMC Fincorp Share Price Target 2024
The company will see some growth till 2024 as the management has taken several initiatives to bring in profits. That’s why, PMC Fincorp Share Price Target 2024 will be of ₹3.60 and maximum price can goes upto ₹4. But still investing in this stock may be risky because it is a penny stock that can be easily manipulated.
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PMC Fincorp Share Price Target 2025
Looking at the financial trends of the company, we are seeing its profits increasing, which is a good thing. Along with this, its revenue has also seen good growth and its net worth has also grown very well. So there is no problem with its financial trends which is a good thing. So if its financials continue to grow like this then, PMC Fincorp Share Price Target 2025 will be of ₹4.80 and highest target price will be ₹5.30. But, it cannot be a good investment just because of good financial trends, its fundamentals are very weak. Due to which the stock has seen a significant decline in the last few years.
PMC Fincorp Share Price Target 2030
So now it came to the point whether it would be right to invest in PMC Fincorp or not? Well, I prefer to stay away from such shares, because there is a possibility of sinking money more than increasing money in it. And such penny stocks can be manipulated any way, and have been done many times.
Come to the point, the PMC Fincorp Share Price Target 2030 will be ₹18 and maximum price can be ₹20. But to achieve this target, the company will have to increase its business substantially and improve its fundamentals.
For more details about the share of PMC Fincorp Limited, you can watch this YouTube video here.
I hope you have got good knowledge about PMC Fincorp share price target. If you have any doubt or any kind of question, then you can ask by commenting. We will try our best to give you valuable feedback as soon as possible. And yes, if you invest in the share market, then do it at your own risk and do a good research before investing.
Is PMC Fincorp a debt free company?
No, PMC Fincorp is not a debt free company, currently this company has a debt of ₹27.2 crore.
What will be the share price of PMC Fincorp after 5 years?
According to our analysis, price of PMC Fincorp after 5 years will be ₹11.20 – ₹11.90 in 2028.
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