Brightcom Group is a company that has garnered significant attention in the stock market due to its growing popularity in the auto sector. Investors are closely monitoring the company’s performance and looking for potential investment opportunities.
In this article, we will explore Brightcom Group’s potential for growth and discuss its share price target for the years 2023 to 2030. We will also examine the various factors that may impact the company’s trajectory, and evaluate whether or not it is a good auto stock to buy.
Additionally, we will be analyzing the implications of the company’s recently reported increase in consolidated net profit during the December 2022 quarter, which has sparked investor interest.
Stock history of Brightcom Group
For more than two decades, Brightcom Group has been a publicly traded technology company on Indian stock exchanges. Originally established in 1993 as SSI Limited, the company has changed its name multiple times to accommodate its expanding business operations. In 2000, the company rebranded to CyberMedia India Limited, concentrating on providing internet-related services and solutions worldwide. As Brightcom Group grew and diversified, it again rebranded in 2010, placing emphasis on digital marketing and advertising.
Brightcom Group has been listed on various Indian stock exchanges, including the Bombay Stock Exchange (BSE) and the National Stock Exchange of India (NSE). The company’s stock price has been volatile, fluctuating in response to changes in the company’s financial performance and the broader market. However, the stock price has generally increased in recent years due to the company’s focus on digital advertising and marketing, which is a swiftly expanding sector.
Latest news about Brightcom Group (BCG)
➤ The December 2022 quarter saw Brightcom Group’s consolidated net profit increase by 46.43%.
How to buy Brightcom Group shares?
You can buy Brightcom Group shares from the following trading platforms:
➤ Zerodha
➤ Upstox
➤ Groww
➤ AngelOne
➤ ICICIDirect
Share Price Prediction of Brightcom Group (BCG): 2023 to 2030
BCG Share Price Target 2023
| When | Maximum Price | Minimum Price |
| February 2023 | ₹28.50 | ₹21.92 |
| March 2023 | ₹21.38 | ₹16.44 |
| April 2023 | ₹19.51 | ₹14.09 |
| May 2023 | ₹17.59 | ₹15.07 |
| June 2023 | ₹23.51 | ₹18.09 |
| July 2023 | ₹28.22 | ₹21.70 |
| August 2023 | ₹31.04 | ₹23.87 |
| September 2023 | ₹32.59 | ₹25.07 |
| October 2023 | ₹31.04 | ₹23.87 |
| November 2023 | ₹34.14 | ₹26.26 |
| December 2023 | ₹38.24 | ₹29.41 |
According to the share price prediction for Brightcom Group in 2023, the stock is expected to have a bullish uptrend with an overall growth percentage.
The maximum BCG share price is expected to reach ₹38.24 in December 2023, while the minimum BCG price is expected to be ₹15.07 in May 2023. The maximum and minimum prices will vary by month, reflecting the potential impact of different market conditions and company performance.
Overall, the share price prediction for Brightcom Group in 2023 suggests that the stock is likely to experience growth but only from May 2023. June onward, the predicted uptrend in the BCG stock’s price is encouraging, and investors may want to consider buying into the stock at a lower price point to maximize their potential returns.
Having said that, the first five months are bearish for BCG share holders.
Brightcom Group (BCG) Share Price Target 2024
| When | Maximum Price | Minimum Price |
| January 2024 | ₹40.25 | ₹30.96 |
| February 2024 | ₹45.22 | ₹37.69 |
| March 2024 | ₹47.60 | ₹38.70 |
| April 2024 | ₹43.28 | ₹33.29 |
| May 2024 | ₹36.06 | ₹27.74 |
| June 2024 | ₹43.28 | ₹33.29 |
| July 2024 | ₹36.79 | ₹28.52 |
| August 2024 | ₹40.46 | ₹32.11 |
| September 2024 | ₹42.49 | ₹32.68 |
| October 2024 | ₹49.98 | ₹38.45 |
| November 2024 | ₹52.48 | ₹40.37 |
| December 2024 | ₹53.53 | ₹41.18 |
Looking at the share price target for Brightcom Group in 2024, BCG stock is likely to experience a continued uptrend. The maximum price target for BCG share holders for the month of January 2024 is ₹40.25.
The stock’s price is expected to fluctuate throughout the year, with the highest maximum price target of ₹53.53 in December 2024. This indicates that the stock may continue to offer investors good returns and growth opportunities.
Investors should note that share price predictions are not guaranteed and are subject to fluctuations based on company performance, market conditions, and other factors. However, based on the data from this table, it is possible that Brightcom Group will continue to experience growth in 2024, providing investors with an opportunity to make gains.
Brightcom Group Share Price Target 2025
| When | Maximum Price | Minimum Price |
| January 2025 | ₹54.60 | ₹42.00 |
| February 2025 | ₹57.48 | ₹44.21 |
| March 2025 | ₹60.35 | ₹46.42 |
| April 2025 | ₹53.89 | ₹41.45 |
| May 2025 | ₹48.99 | ₹37.68 |
| June 2025 | ₹53.89 | ₹41.45 |
| July 2025 | ₹51.32 | ₹39.48 |
| August 2025 | ₹53.46 | ₹41.12 |
| September 2025 | ₹56.13 | ₹43.18 |
| October 2025 | ₹59.50 | ₹45.77 |
| November 2025 | ₹63.66 | ₹48.97 |
| December 2025 | ₹64.94 | ₹49.95 |
BCG share price in 2025 is expected to continue its growth trend. The BCG stock’s price is expected to fluctuate throughout the year, with the highest maximum price target of ₹64.94 in December 2025. This suggests that the company may continue to see growth in its operations and profitability, making it an attractive investment option for investors.
Brightcom Group Share Price Prediction 2026-2030
| Year | Maximum Price | Minimum Price |
| 2026 | ₹45.46 | ₹31.82 |
| 2027 | ₹38.64 | ₹27.05 |
| 2028 | ₹69.55 | ₹48.68 |
| 2029 | ₹142.86 | ₹100.00 |
| 2030 | ₹159.10 | ₹111.37 |
Brightcom Group’s share price is expected to see an uptrend in the coming years, with some fluctuations. The maximum price for the year 2026 is expected to be ₹45.46, while the minimum price is expected to be ₹31.82. In 2027, the maximum and minimum prices are expected to be ₹38.64 and ₹27.05, respectively.
In 2028, the maximum price is expected to be ₹69.55, while the minimum price is expected to be ₹48.68. The share price is expected to see a significant increase in 2029, with the maximum price predicted to be ₹142.86 and the minimum price predicted to be ₹100.00.
Finally, in 2030, the maximum price is expected to be ₹159.10, while the minimum price is expected to be ₹111.37. It is important to note that while these predictions are bullish, the actual share prices may vary depending on market conditions and other external factors.
Financial Condition of Brightcom Group: Last 5 years
| Narration | Mar-18 | Mar-19 | Mar-20 | Mar-21 | Mar-22 |
| Sales | 2,420.74 | 2,580.24 | 2,692.32 | 2,855.80 | 5,019.59 |
| Expenses | 1,706.98 | 1,820.90 | 1,903.50 | 1,990.41 | 3,512.72 |
| Operating Profit | 713.76 | 759.34 | 788.82 | 865.39 | 1,506.87 |
| Other Income | -0.46 | -2.51 | 14.15 | 20.82 | -2.22 |
| Depreciation | 108.15 | 135.10 | 179.53 | 226.09 | 246.24 |
| Interest | 14.80 | 13.18 | 6.30 | 0.11 | 0.31 |
| Profit before tax | 590.35 | 608.55 | 617.14 | 660.01 | 1,258.10 |
| Tax | 183.34 | 164.58 | 177.04 | 177.00 | 345.90 |
| Net profit | 407.01 | 443.98 | 440.10 | 483.01 | 912.20 |
| EPS | 4.10 | 4.47 | 4.44 | 4.57 | 4.52 |
| Price to earning | 0.54 | 0.33 | 0.34 | 0.87 | 21.81 |
| Price | 2.21 | 1.46 | 1.49 | 3.96 | 98.60 |
| RATIOS: | |||||
| Dividend Payout | 0.00% | 0.00% | 0.54% | 0.53% | 6.64% |
| OPM | 29.49% | 29.43% | 29.30% | 30.30% | 30.02% |
The financial statement of Brightcom Group (BCG) shows significant growth in its profit and revenue in the last five years. The company’s sales revenue increased from ₹2,420.74 crore in March 2018 to ₹5,019.59 crore in March 2022, representing a growth of approximately 108%.
The company’s net profit also increased from ₹407.01 crore in 2018 to ₹912.20 crore in 2022, representing a growth of approximately 124%. The percentage growth of profit is higher than the percentage growth of revenue, indicating efficient cost management. However, the maximum share price recorded was ₹98.60 in March 2022, which is quite high compared to the previous years.
On the other hand, the minimum share price was ₹1.46 in March 2019. The company has maintained a healthy operating profit margin of around 30% consistently in the last five years.
Overall, the company’s profit and loss statement shows consistent growth in revenue and profit, making Brightcom Group a promising investment option in the future.
FAQS
Is the stock price of Brightcom Group anticipated to rise in 2023?
It is anticipated that Brightcom Group per share price will increase to ₹38.24 by the end of 2023, but first 5 months, there is a chance of the stock keep falling..
What is the share price target of Brightcom Group for 2025?
The share price target of Brightcom Group for 2025 might be around ₹64.94.
Can BCG touch 100 INR by 2030?
Yes, according to our analysis, BCG can reach 100 INR by 2030. Looking at the data, the maximum it could reach is Rs. 159 in 2030.
What is the share price target of Brightcom Group for 2030?
The share price of Brightcom Group might reach around ₹159.10 by the end of 2030.
Also read:
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- LIC India Share Price Target 2023, 2024, 2025 to 2030: Can LIC touch 3000 INR?
- Cipla Share Price Target 2023, 2024, 2025 to 2030: Can CIPLA touch 5000 INR by 2030?
Conclusion: Is BCG a good investment in 2023?
Based on the analysis of the financial statements and the future projections, it can be concluded that Brightcom Group (BCG) has witnessed impressive growth in terms of revenue, PAT, and profit in the last five years. The company’s net profit has witnessed a tremendous increase of 46.43% in the December 2022 quarter.
he expected growth in the company’s revenue and profit margins in the coming years, coupled with a positive outlook for the digital marketing industry, make it an attractive buy for investors looking for long-term growth prospects. The projected share price targets indicate that there is a high chance for significant returns on investment, especially in the long term. Therefore, BCG shares could be a good investment opportunity for those who have a long-term investment horizon and are willing to take moderate to high-risk.
Having said that, I personally would not be holding BCG (Brightcom Group) in 2023 or anytime soon.
Disclaimer: The article on BCG share price target 2023 to 2025 is for educational purpose only and in no way a financial advice. Please DYOR before investing in BCG or any other stocks.
