Hi, are you searching for DCM share future prediction then you are in the right place. In this article, we are going to predict the share price of DCM Ltd. Based on its price history, fundamentals, and technical details summarized below.
DCM public company was incorporated on March 26, 1989, when Delhi Cloth and General Mills were established. The funder of DCM Company was Lala Sri Ram.
Business Area of the Company
DCE Textiles: The DCM Company has a strong dealer network in India and the yarn is being supplied to all hosiery and weaving markets and corporate buyers.
DCM Engineering Products: it is the division of DCM Company. It mainly supplies castings across all segments in automotive markets like cars, tractors, multi-utility vehicles, light commercial vehicles, heavy commercial vehicles, and earth-moving types of equipment.
DCM Data System: The second division is the IT Division. The range of services encompasses system administration, storage management, backup recovery, disaster management, as well as on-site staffing services for customers’ IT needs.
DCM Company’s subsidiaries
- DCM Finance and Leasing Ltd.
- DCM Data Systems Ltd.
- DCM Nouvelle Ltd.
- DCM Reality and Infrastructure Ltd.
- DCM Reality Investment and Consulting Ltd.
- DCM Textiles Ltd.
- DCM Tools and Dies Ltd.
Fundamentals of DCM Company
| Sector | Sugar |
| Market Cap: | 145.50 Cr. |
| No. of shares: | 1.87 Cr. |
| P/E: | 18.72 |
| P/B: | 9.28 |
| Book value: | 8.04 Rs |
| Cash reserve: | 1.25 Cr. |
| Sales growth: | 118.21% |
| ROE: | 428.77% |
| ROCE: | 74.03% |
| Profit growth: | 189.06% |
DCM share price history
DCM Ltd was listed on NSE on 1 Jan 99 opening with a price of 1.40 Rs. and made 6 Rs. on the next day.
On 10 May 2001 made a low of 0.70 paise the lowest price of the stock after that price shot up and made a high of 17.65 on 3 Dec 07.
On 2 Feb 09 made a low of 2.95 Rs. After that again continued its rally making a high of 21.25 on 1 Oct 2010 and declining till 1 Dec 11 and making a low of 7.30.
The goes in a range bond market 1 July 22021 breaks its range and made high 143.50 on 1 Dec 2021. This is its all-time high.
DCM Share Fundamental Analysis
The sales growth is increasing by 118.21% which is fair in relation to the Company’s growth and performance.
The profit growth of the Company increased last year by 189.06 % of growth shown by the Company.
The ROE of the Company is 428.77% shown last year which indicates that the company good return on its shareholder’s investments in the Company. A higher ROE is better for its investors.
Debt to equity ratio: DCM has a Debt to equity ratio of 1.73 which means that the Company has a low proportion of debt in its capital. Low debt is best for the company.
The company is almost debt-free.
But the company is trading at 7.61 times its book value which makes it costly for buyers.
DCM Stock holding pattern
Promoter holding in a company is more than 40%, but FII and DII hold less than 10% which shows the investment banker’s weak trust in the Company. The public investment is more than 40& which indicates more liquidity of companies share price. More liquidity in stock less growth expectation.
DCM share price prediction
| Year | Minimum | Maximum |
| 2023 | 72 | 102 |
| 2024 | 92 | 145 |
| 2025 | 131 | 230 |
| 2030 | 361 | 578 |
DCM share price prediction 2023
The share price DCM in 2023 will be 72 and a maximum of 102. The expected target will 98.
DCM share price prediction 2024
DCM’s share price in 2024 will be a minimum of 92 and a maximum of 145. The expected target will 140.
DCM share price prediction 2025
The minimum will be 131 and the maximum will be 230. DCM’s share price target for 2025 will be 225.
DCM share price prediction 2030
DCM’s share price in 2030 will be a minimum of 361 and a maximum of 578. The expected will be 570.
Conclusion:
Based on the fundamentals and technical the DCM Company is doing well. The company slowly growing and giving good returns to its investors. So investing good company is key to wealth creation. So before investing check once its management, its debt, sales, and profit. In all aspects this company is good. For more information comment below or mail us.
હું long term માટે investment કરવા માંગુ છું આ ભાવે લેવાય કે wait karay?
Major resistance is 101 after breaking this level we can expect best renurn