Sumedha Fiscal Share Price Target (2023, 2024, 2025, 2026, 2027, 2028, 2029, 2030) | Sumedha Fiscal Fundamentals, Businesses, Future Plans and more
In this article we are going to talk about Sumedha Fiscal share in detail. There are many articles published on the internet but they are not worth the information. So, basically our main aim is to give the best analysis of this Sumedha Fiscal company. So that you can decide by yourself whether to invest in it or not.
Hey guys, I am Sachin, a finance enthusiast and the author of this blog. So, first of all we will know about Sumedha Fiscal in which we will know about its fundamentals, financial trends and its businesses. And after that we will try to make Sumedha Fiscal share price target by reading charts and by doing technical analysis. So let’s have a look about Sumedha Fiscal Company.
Table of Contents
ToggleAbout Sumedha Fiscal
Sumedha Fiscal was formed in 1989 in Kolkata, India. Currently, this company is employing more than 51 peoples. It is now a small cap company whose chairman Mr. R. L. Gaggar. Basically, Sumedha Fiscal Limited engaged in the business of diversified financial services.
Sumedha Fiscal is engaged in wealth management and investment banking services. This company is also engaged in providing various fee based services, including fund mobilization through issue of debt, structured hybrid instrument, corporate restructuring, quasi equity, trading and loan syndications.
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Sumedha Fiscal Financial Trends
If we talk about the Revenue and Profit of Sumedha Fiscal company then –
Its revenue in 2019 has been ₹ 18.09 Cr and profit is ₹ 4.5 Cr. There was a revenue of ₹ 17.8 Cr in 2020 and a profit of ₹ -2.86 Cr. In the same 2021, there was a profit of ₹ 8.66 crore with a revenue of ₹ 14.57 Cr. And this year i.e. in 2022 there has been a higest profit of ₹ 3.06 Cr with a revenue of ₹ 55.56 Cr.
Sumedha Fiscal Share Price Target 2023, 2024, 2025, 2030 Table
Year | Sumedha Fiscal Share Price Target |
---|---|
2023 | ₹105 – ₹110 |
2024 | ₹130 – ₹145 |
2025 | ₹170 – ₹180 |
2026 | ₹220 – 235 |
2027 | ₹279 – ₹290 |
2028 | ₹340 – ₹360 |
2029 | ₹410 – ₹450 |
2030 | ₹535 – ₹600 |
Sumedha Fiscal Share Price Target 2023
The fundamentals of the Sumedha Fiscal are not right. And as of now the P/E Ratio (50.28) of this stock but is profit is decreasing, so this is not considered good. And ROE (6.30%) is also very low which is considered not good for any stocks. If we talk about Sumedha Fiscal book value, then it is now 63.64 and now the share price of Sumedha Fiscal is trading around Rs 98. That is, this stock is currently trading not so higer than its book value, which is almost good. Taking this into account, if we try to predict the Sumedha Fiscal Share Price Target 2023, then first target can be INR 105 and second target will be INR 110.
Sumedha Fiscal Share Price Target 2024
The profit of Sumedha Fiscal is continuously decreasing, which is not a good sign. Sumedha Fiscal made higest profit of 8.66 crore in 2021 but in 2022 this company has made profit of 3.06 crore. If the financial of such a company continues to fall, then later it will give less profit than bank deposits or FDs. We see first Sumedha Fiscal Share Price Target 2024 of INR 130 and second target of INR 145. There is so much drawback in this company anyway. But later if any other news comes which causes any uptrend to the share of Sumedha Fiscal company then that is a different matter.
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Sumedha Fiscal Share Price Target 2025
Sumedha Fiscal is still a small company and at this time operators are also investing in the company’s stock. The sales of the Sumedha Fiscal have seen a tremendous jump in the last one year, but with the increasing sales of the company, there is a decline in the net profit margin of the company, which is not good. Talking about the Sumedha Fiscal Share Price Target 2025 first target can be INR 170 and if the company hits this target then we will see second target of INR 180.
Sumedha Fiscal Share Price Target 2030
Sumedha Fiscal is a debt free company and the company also has good cash reserves. Due to which the Sumedha’s management will not face any problem in expanding its business in the coming times. If we talk about the long term price target of the company, then the business model of the Sumedha Fiscal can perform well in the future. So now let’s talk about Sumedha Fiscal Share Price Target 2030, the first and second target of this share can be INR 535 and INR 600 respectively. So if you invest in it then you have to do a little more research. So that your chances of getting loss are reduced.
For more information about the share of Sumedha Fiscal, you can watch this video –
Conclusion
This stock has been performing very well and will continue to do so. But it is a little difficult to tell whether to invest in it or not, because the share price is still seeing a decline. If you invest in it and the share price increases, then it is obvious that there will be profit.
I hope you enjoy knowing the Sumedha Fiscal Share Price Target. If you want any more information or want to ask something regarding this then you can ask by commenting. We will try our best to reply to you. And please share this article if possible.
So friends, if you invest in this stock, then invest in your risk and never invest by taking loan.
FAQs
Is Sumedha Fiscal a debt free company?
Yes, Sumedha Fiscal is a debt free company. Currently this company has a debt of ₹0 crore and its debt to equity ratio is 0.00.
Who is the chairman of Sumedha Fiscal Limited?
Mr. R. L. Gaggar is the chairman of Sumedha Fiscal.
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