NCL Research & Financial Services Limited is a non-banking firm providing financial services to micro, small and medium enterprises. The company offers secured and unsecured loans to the customers based on the risk profile of the customers.
About two years ago, the company had shown tremendous growth, but at present it is declining. The company is currently trading at Rs 0.40, showing a decline of 47.3 per cent in one year.
But the reported revenue is Rs 1.01 crore in March 2023, which is up 71.01 per cent year-on-year. If we look at its net profit, then the company is in profit of Rs 0.42 crore and the net profit margin is 41.58 per cent.
Experts suggest that this stock will show a bullish trend shortly and investors can benefit. So, what will be the target price of NCL Research for the years 2024, 2025, 2026, 2028 and 2030, see below.
NCL Research – Overview
The company was established on 04 February 1985 in India under the brand name NCL Research & Financial Services Limited. The company is involved in the trading of Textile products besides investing activities in Shares and Securities.
The company invests in various companies, both listed and unlisted, as equity. Also, invests in companies across a variety of markets and stages.
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NCL Research share price target for 2024 to 2030
The target price is based on our research and technical analysis, which is an estimated price and not an actual price:
| Year | Low | High |
|---|---|---|
| 2023 | 0.65 | 0.90 |
| 2024 | 1.10 | 1.75 |
| 2025 | 2.05 | 3.75 |
| 2026 | 3.95 | 5.15 |
| 2028 | 8.35 | 10.15 |
| 2030 | 15.50 | 20.20 |
NCL Research – Fundamentals
2024
The share price of NCL Research will continue to grow in 2024 as well. Our team estimates a share price target for NCL Research in the range of Rs 1.10 to Rs 1.75 by 2024.
2025
There is a huge demand in the financial services industry and NCL Research takes advantage of this growing demand. If we look at its financial results, the revenue growth is increasing YoY. Yet, its Return on Equity (ROE) track record in the last two years has been poor. However, the target price of NCL Research shares is Rs 2.05 to Rs 3.75 by 2025.
2026
The net sales grew by 47.31% to Rs 1.02 crore in March 2023 from Rs 0.69 crore in March 2022; but, the net income has declined. Whatever, the maximum target price for NCL Research shares is Rs 3.95 to Rs 5.15 by 2026.
2028
The company has good management and a highly qualified team. In October 2021 share price will repeat in the long term and this time can expect good returns. So the highest target price for NCL Research shares in 2028 is Rs 8.35 to Rs 10.35.
2030
The debt ratio of the company is very low and there is no major liability on the company. Its management is strong and it manages all financial services and generates multiple sources of income for the company. By 2030, the maximum target price of NCL Research is Rs 15.50 to Rs 20.20.
| Home page | Check here |
| NCL Financial Results | Check here |
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FAQs
The target price of NCL Research in 2025 is Rs 2.05 to Rs 3.75.
NCL Research is a good stock for the long term and expect good returns. But, it is suggested to invest a smaller amount or look for a better investment option.
The highest target price of NCL Research in 2030 is Rs 15.50 to Rs 20.20.
NCL Research is involved in the trading of Textile products besides investing activities in Shares and Securities.
Disclaimer: The target price on our website (bankshala.com) is for general information only. No part of the website content should be considered financial advice or legal advice. Before investing in any stock you should do your own research and consult your financial advisor.
