Brightcom Share Price returned 209.83% CAGR in 3 years
Brightcom Group Limited (NSE: BCG) company’s core business segment is into Software and is been selected for investing long term horizon over an year and above based on the strong fundamental and technical analysis provided here in this article.
Technical analysis indicators; Simple Moving Average (SMA) 200 value 59.35 which is above the SMA 300 value 44.55 while the Relative Strength Index (RSI) is showing at 38.75.
The trendline is very strong and indicates a bearish momentum ahead. This can be an accumulation period through stock SIP investment option in
Zerodha Trading App
for better stock price averaging while investing.
The market capitalization as on publishing day stands at Rs. 8586/- Crore positioning it in mid cap stocks group listed on NSE India.
What made Brightcom Share Price to return 209.83% CAGR in 3 years?
Brightcom Share Price is currently trading at Rs.
40.45
per stock &
Brightcom Technical Chart
performance of the stock over the last 3 years of time frame which is considered to be a good investment period shows amazing profits at CAGR 209.83%
& now the opportunities indicates to invest based on above technical & following stock fundamentals.
Brightcom's 52 week low price at Rs. 16.71/- & 52 week high price at 122.88/-
Note: The closing price Rs 1.36/- of stock on 23-07-2019 was considered for CAGR calculation on a 3 years base with respect to the latest closing price.
Brightcom Group Limited
Following are the strong fundamental analysis of Brightcom Share Price which will definitely make to think in one of the mid cap companies of India for decent profits for a medium to long term investment horizon.
Fundamental Analysis of Brightcom
| Market Capitalization | Rs. 8586 Crore | Return On Equity (ROE) | 21.33% |
| P/E Ratio (TTM) | 8.03 | EPS (TTM) | 5.3 |
| P/B Ratio | 1.6 | Dividend Yield | 0.07% |
| Industry P/E Ratio | N/A | Book Value | 26.57 |
| Debt to Equity | 0 | Face Value | 2 |
Financial Statement of Brightcom
| Yearly | Revenue (Rs. Crores) | Profit (Rs. Crores) | Net Worth (Rs. Crores) |
| 2018 | 2,421.0 | 407.0 | 2,825.0 |
| 2019 | 2,580.0 | 444.0 | 3,004.0 |
| 2020 | 2,692.0 | 440.0 | 2,826.0 |
| 2021 | 2,856.0 | 483.0 | 3,260.0 |
| 2022 | 5,020.0 | 912.0 | 5,294.0 |
Shareholding Pattern of Brightcom
| Promoters | 18.47% |
| Retail Investors | 67.91% |
| Foreign Investors | 13.55% |
| Mutual Funds | 0.07% |
| Other Domestic Institutions | 0.00% |
Is Brightcom group a good buy?
Brightcom Group Limited is founded in 1999 as a Ad tech based digital marketing & IoT solution provider for global clients including Indian bluechip companies such as Airtel, ICICI Bank, ITC, LIC, Maruti Suzuki, Star India, Vodafone, Titan, Unilever and internaltional companies such as British Airways, Coca-Cola, Hyundai Motors, ING, Lenovo, MTV, P&G, Qatar Airways, Samsung, Viacom & Sony.
The company is present in 22 locations globally including in the US, Israel, Latin America ME, Western Europe and Asia Pacific regions to leverage and benefit the customers from current global trends.
Ad publishers include Facebook, LinkedIn, MSN, Twitter, and Yahoo and also Brightcom works with advertising agencies like Havas Digital, JWT, Mediacom, Mindshare, Neo@Ogilvy, Ogilvy One, OMD, Satchi&Satchi, TBWA, and ZenithOptiMedia etc., Read more about Brightcom Group Limited company here from its official website.
Competitors of Brightcom
As Brightcom comes under Software sector; there are quiet a few peer competitors to BCG and here is a list of Top 5 Software Companies based on market capitalization as on publishing day are as follows…
How to invest in Stock Market with the Best Trading App in India?
Here is the list of top stock brokers in India who made the trading in stock market made hassle free and best user experience with very attractive competitive brokerage charges.
- Zerodha
- Groww
- 5paisa
What makes the best to go for Zerodha Account Opening
Breaking the barriers of brokerage charges among other competitors by the time company incorporated in 2010; Evolve, rise & conquer the market with flat Rs.20/- or less; which ever is low concept, now Zerodha is on India's no.1 position.
Zerodha Kite Features
Why don't to utilize the Stock SIP investing option to invest in Brightcom on regular basis on convenient day of every month on Zerodha product Kite. Now Zerodha Account Opening is very easy and Zerodha Demat Account for starting stock SIP investing right now.
Do you know the stock broker who turned-up unicorn: Groww App
The tough competitor now to Zerodha is Groww who turned-up unicorn startup of India facilitating not only the stocks investing but also mutual funds unlike Zerodha only provides stock trading. Groww recently introduced US stocks trading into its new product offering. Why waiting for something else and start investing right now in Brightcom with Groww App.
Groww App Download
Excited; how to open Demat account with Groww App; Here we share a link for opening the Demat account with Groww App.
Never forget the senior broker: 5paisa
Senior most broker among the above; 5paisa (a.k.a. IIFL Securities) using different accounts over a period of time; found 5paisa is now in line to the charges and best user experience with the app. So why don’t to consider buying Brightcom now, click here to open Demat account with 5paisa App.
References and External Links:
- Brightcom stock chart: https://chartink.com/stocks/BCG.html
- About Brightcom Company Profile: https://www.brightcomgroup.com/#about
- Zerodha Account Open: https://zerodha.com/open-account?c=XT4406
- Groww Account Open: https://app.groww.in/v3cO/ytmyw8ym
- 5paisa Account Open: https://cutt.ly/qLf9zZW
Conclusion
It takes 30 long years to turn Rs.1/- worth Rs.1000/- which means doubling money once in every 3 years at a rate of CAGR 26.67% returns. Early investment start time is NOW else 30 years before :-)
-------+-{@ * * * Happy investing for prosperity * * * @}-+--------
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