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 a penny stock that is currently trading around Rs.2. The stock has given negative returns since 2012, which is -80%. So it comes to the point, of 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, the author of this blog, and have good experience in predicting the price of the share. So mainly our focus will be on providing good information on the stock of PMC Fincorp Limited so that you can decide whether to invest in it or not. So, after learning about the company, we will try to speculate on PMC Fincorp’s 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. The company was established in 1996 in Delhi, India is primarily focuses on providing loans for business and personal purposes, along with mortgages and other financial services.
The company offers a range of services and financial products, including loans 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 was ₹ 8.5 Cr and its profit was ₹ 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 Table
|PMC Fincorp Share Price Target 2023
|PMC Fincorp Share Price Target 2024
|PMC Fincorp Share Price Target 2025
|PMC Fincorp Share Price Target 2026
|PMC Fincorp Share Price Target 2027
|PMC Fincorp Share Price Target 2028
|PMC Fincorp Share Price Target 2029
|PMC Fincorp Share Price Target 2030
PMC Fincorp Share Price Target 2023
As we told you, PMC Fincorp Share has given an overall return of -80%, which is not good. Talking about the 1-year returns of the share from March 2022 to March 2023, it is -62% while its 6-month returns are -36%. It is not considered good to have negative returns for any such company, due to which investors shy away from investing in that stock. To the point, PMC Fincorp Share Price Target 2023 will be ₹2.60 and the maximum price can be ₹2.90. The company can give you negative returns, so keeping a 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 the maximum price can go up to ₹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 ₹4.80 and the 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 this, the stock has seen a significant decline in the last few years.
PMC Fincorp Share Price Target 2030
So now it has come to the point of 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 it. And such penny stocks can be manipulated anyway, and have been done many times.
To this point, the PMC Fincorp Share Price Target 2030 will be ₹18 and the 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 a good knowledge about PMC Fincorp share price target. If you have any doubts or any kind of questions, 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 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, the price of PMC Fincorp after 5 years will be ₹11.20 – ₹11.90 in 2028.
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