PMC Fincorp Limited is a non-banking financial company operating in the areas of microfinance, housing finance and lending to small and medium enterprises. The company was earlier known as Punjab & Maharashtra Co-operative Bank Limited and has recently changed its name.
PMC Fincorp is known for providing affordable and accessible financial solutions to its customers and has a strong presence in several states across India.
At present, the share price of this company is Rs 2.05, which is the 52-week low and the right time to buy. The company’s 52-week high was Rs 6.22 and the market capitalization of the company is around Rs 665 crore.
This has prompted many investors to wonder about the potential and future of the company’s shares. Hence, PMC Fincorp’s share price has been a topic of interest among investors and market analysts. It is estimated that the share price of this company may double in a few years.
PMC Fincorp Fundamentals
We need to look at the current financial condition and growth prospects of PMC Fincorp to make an informed guess.
Company Name | PMC Fincorp Limited |
Industry | Finance |
Country | India |
Primary Exchange | BSE/NSE |
Founded | 1985 |
Volume | 382,915 |
Market Cap | ₹ 105 Cr |
Revenue | ₹ 2.41 Cr, 34% ↑ |
EPS (TTM) | — |
PE Ratio (TTM) | 129.69 |
ROE | 2.23% |
Dividend Yield | — |
Debt to Equity | 0.26 |
52 Week Low | 1.90 |
52 Week High | 6.22 |
Net Income | ₹ 1.67 Cr, 36.49 ↑ |
Net Profit Margin | ₹ 82.55 Cr, 1.86% ↑ |
Face Value | 1 |
Buy / Sell / Hold | Buy |
Is PMC Fincorp Profitable Stock?
PMV Fincorp Limited provides financial services to its customers, which are in huge demand and growing rapidly in India in recent years. This trend is expected to continue with people for many years. Because people are looking for affordable and accessible financial solutions.
Additionally, the Indian Government promoting financial inclusion through initiatives such as Jan Dhan Yojana and Digital India, which is expected to further boost the growth of this sector. So looking at the future prospects we can say that this will be a profitable stock for us.
Can we expect double returns?
PMC Fincorp share price can witness significant growth in the coming years. And the share price can potentially increase from Rs 7.00 to Rs 8.50 with a medium-term target and Rs 15.30 to Rs 18.50 for the long term.
PMC Fincorp Stock forecast for 2023 to 2030
PMV Fincorp Limited stock forecast is a prediction at a certain time for the long term. The share price targets for the years 2023 to 2030, which is based on our research, technical analysis and market trends. PMC Fincorp stock may have a positive trend going forward and is good for the long term.
2023
According to the current trends and technical analysis, PMC Fincorp’s share price is likely to increase in the next few years. The estimated share price is not the exact price, the expected company share price may be Rs 3.20 to Rs 4.30 by 2023.
2024
In 2024, the lowest share price target will be Rs 5.20 to Rs 6.40 based on market trends, research and technical analysis. And at the end of the year, the maximum target price for PMC Fincorp shares will be Rs 7.10 to Rs 8.30.
2025
In 2025, the minimum share price target will be Rs 8.50 to Rs 9.20 based on market trends, technical analysis and our research. And at the end of the year, the maximum target price for PMC Fincorp shares will be Rs 10.05 to Rs 10.80.
2028
The minimum share price target will be Rs 12.10 to Rs 12.90 based on market trends and technical analysis. And at the end of the year, the maximum target price for PMC Fincorp shares will be Rs 13.10 to Rs 14.20 by 2028.
2030
In 2030, the minimum share price target will be Rs 16.70 to Rs 17.20 based on market trends and our research. And at the end of the year, the maximum target price for PMC Fincorp shares will be Rs 18.30 to Rs 20.40.
FAQs
A: The expected target price of the PMC Fincorp share will be Rs 10.05 to Rs 10.80 in 2025.
A: PMC Fincorp Stcok has strong financial growth and is now running in profits. So we can expect good returns in the long run.
A: The expected share price target of PMC Fincorp will be Rs 18.30 to Rs 20.40 in 2030.
Conclusion
There are many factors that could affect PMC Fincorp’s share price in the coming years. However, the company has strong financial results and growth prospects, and PMC Fincorp shares can be a good investment option.
Disclaimer: All the share/stock price predictions/targets/forecasts on our website (bankshala.com) are for general information only. We are not SEBI-registered financial advisors and no part of the website content provided by us should be considered financial advice, legal advice or any other kind of advice for your investments. Before investing in any company you should do your own research and analyze it properly. Trading is an uncertain business, please consult your financial advisor before taking any decision.