Brightcom Group Share: Shares of Brightcom Group Limited have been in the news for the last several sessions. There is a continuous decline in the company’s shares. Shares of Brightcom Group Limited have fallen by 32% in the last one month. At the same time, this share has fallen by 50% so far this year. Let us tell you that major stock exchanges BSE and NSE are reported to be suspending trading in Brightcom Group Limited from June 14. This is because the company has not released financial results for two consecutive quarters ending in September and December 2023.
According to the stock exchange, the suspension will continue until the company follows the rules. After 15 days of suspension, shares of the non-compliant company will be allowed to trade on a trade-for-trade basis on the first business day of every week (Z category) for six months. However, BSE said trading will not be suspended if the company remains compliant with SEBI’s LODR rules by June 11. Meanwhile, on last Friday i.e. 24th May, this share had risen by 4.98% and closed at Rs. 9.49.
This share of Railways is growing at a rapid pace, the price increased from ₹ 121 to ₹ 381.
Share fell by 92%
Shares of Brightcom Group Limited have been giving negative returns continuously for the last one year. This stock has seen a decline of up to 45% in a year. At the same time, shares of Brightcom Group Limited have fallen by 92% since 2021. During this period, its price has fallen from Rs 117 to the current price. The stock has fallen by 68% so far from its 52 week high price of Rs 36.82. Its 52 week low price is Rs 8.59.
company business
Let us tell you that Brightcom Group Limited is an India-based service company which is active in providing digital marketing services and developing computer software and services. The company operates through two segments digital marketing segment and software development segment. It is also a global information technology implementation and outsourcing services provider. The market cap of the company is Rs 1,915.01.
