Hello friends! Today we will discuss the PC Jeweller Company Share Price Target 2023, 2024, 2025 and 2030. In this article, we will try to predict what the future share price target may be for PC Jeweller Company. This article will provide you with a technical and fundamental analysis of PC Jeweller Company shares.
About PC Jeweller Company
PC Jeweller Company was started in the year 2005 with a showroom in Karol Bagh. But today it is one of the fastest growing jewellery retailers. At present, the company has 82 showrooms in 67 cities, out of which 11 showrooms have been opened through franchises.
PC Jeweller Company manufactures, wholesales, exports and deals in gold, silver and diamond jewellery. The company sells 100% hallmarked jewellery and jewellery made of certified diamonds.
If we take a look at the financial condition of the company, then the company currently has a debt of Rs 3600 crore, while the company also has the same cash reserve.
Apart from this, the company’s sales have been steadily declining for the last five years and the company’s net profit is also running in minus. The company’s ROE is -9.60% and ROCE is -1%.
PC Jeweller Share Price Target 2023
As we have already told you that the company works to manufacture and sell gold, silver and diamond jewellery. The company started in the year 2005 with a showroom in Karol Bagh, Delhi and at present the company has a total of 82 showrooms including its franchise.
If we talk about PC Jewellers Share Price Target Target 2023, then the company’s stock is seeing a lot of volatility and the company’s stock is 52 weeks high of Rs 108 and 52 weeks low price is Rs 18.5. At present, the company’s stock is running well below its book value price of Rs 88. Pc Jeweller share price target can be seen from Rs 65 to Rs 85 in 2023.
PC Jeweller Share Price Target 2024
The company’s sales have been declining continuously for the last five years and the company’s net profit margin is also not special. But the company management is focusing on opening 50 new franchise stores by 2024 to increase its revenue, which will increase the company’s sales.
If we talk about PC Jeweler Share Price Target 2024, if the company management is able to increase its sales in the coming time, then the price target of the company’s stock will again be seen going towards its high price of Rs 108.
PC Jeweller Share Price Target 2025
The company’s product portfolio includes gold, silver and diamond rings, earrings, mangalsutras, chains, coins and bracelets. The company sees 88% of its total revenue coming from India and 12% from abroad.
Apart from this, the company provides a platform to its customers to invest in digital gold. Gold purchased digitally is 24 carat pure gold.
If we talk about PC Jeweler Share Price Target 2025, then there is a lot of volatility in the company’s stock and the operator is seen operating the company’s stock. Therefore, in the coming time, the company’s stock can also see a significant decline with the rise.
PC Jeweller Share Price Target 2030
If we talk about PC Jeweler Share Price Target for long-term, then there is nothing special except promoter holding in the company being 55% good. The company has a lot of debt and the company’s sales and net profit are continuously declining.
Apart from this, the company does not offer any dividend, so that the investor investing in the company’s stock does not see any separate benefit in the long run.
The financial condition of the company is not special and the company’s stock is repeatedly seen operating. Therefore, we will have the opinion of you that it would be good if you stay away from long-term investment in penny stocks with such weak fundamentals. If you are still planning to invest in the stock of this company, then you should invest very little money in the stock of this company so that you do not have to face any huge loss in the future.