Vodafone Group PLC VOD shares slid 2.66% to 70.74 British pence Thursday, on what proved to be an all-around grim trading session for the stock market, with the FTSE 100 Index UKX falling 2.17% to . Later, the stock trimmed gains and was trading at Rs 32.60, up 0.46 per cent. LONDON, July 7 (Reuters) - British lender OSB Group's OSBO.L shares fell 20% on Friday, a day after the company said it would take a hit of up to 180 million pounds ($229.14 million) because its mortgage customers have moved more quickly that expected from higher rate products. Now with BCG (Ybrant) these firms didnt exit during the reverse merger of Ybrant and LGS Global. Brightcom Group said it wished to inform all stakeholders that there is no freeze on promoter shares. I hope people should go through your posts and try to understand that BCG is a new generation company and CEO is well competent. Whats the expected correction? Its a lengthy article and requires more time to read and analyze. Many thanks for your efforts in explaining your opinion the whole history in full detail. Monsoon Rains: Why Delhi CM Arvind Kejriwal cancels govt officials' Sunday off? Viewing 20 posts - 1 through 20 (of 40 total), This topic has 39 replies, 11 voices, and was last updated. Agreement was over and Ybrant paid them $ 20 million in the first installment. Based on our forecasts, a long-term increase is expected, the "Lycos Internet Limited" stock price prognosis for 2028-06-30 is 80.457 INR. *On People not understanding the business. (think of it as people who dont want to see their ex happy). Most of us know the industry that BCG is in, we know that the Ad tech companies have receivable and cash flow issues at the beginning of their journey. The promoter NSDL accounts were frozen on November 25, 2022 as per Section 6 of SEBI LODR, 2015. This clarification from the company was made on Monday in response to an investigation report that raised questions about the company's accounting procedures, reporting, corporate governance, and other areas. All those who judged these companies by dividends wouldve missed so many great opportunities. Written by They just complain about the CEO and the management, but do they know how to handle those situations? BSE India Bombay Mumbai Stock exchange Do they know how to solve those problems? Around 1.65 crore shares changed hands today on BSE, which was more than double compared to the two-week average volume of 65.32 lakh shares. Brightcom Group shares snap 4-day losing run, locked in 5% upper The media report also expressed concern about tax obligations while having a lot of cash and payment defaults to Axis banks. - NEWS as on 2023-07-03, Company Announcement Brightcom Group Limited has informed the Exchange regarding 'Adjudication order from SEBI'. Shareholders would have hardly expected that they would get all the rallies in less than 1 year. Terms of Use Terms of Use Depending on where the product development is in the process, the cost associated with these activities is correctly recorded. For which the company stated that it is actively improving its reporting to give a more thorough explanation of the 'others' category and to ensure that the accounting principles are more precisely and clearly stated. Now, coming to BCG, I would rather want the price to go up many times instead of getting small amounts in dividends. They dont want others to make money on stocks that they sold, they dont want the price to go up Before reverse merger with LGS, Mr.Reddy shouldve been more proactive in LGS business, he shouldve put someone from Ybrant on LGS board. People who believe Market is always right and supreme fail to notice the brilliance of Mr.Reddy here. Recently UBER also had this problem. Check routes to avoid today, Chandrayaan 3 launch: Know major updates about India's ambitious lunar mission. We are getting BCG at a great price compared to its present and future value. The notice by the Securities and Exchange Board of India (Sebi) has alleged a major fraud in the company's financial statements. BCG (Ybrant) started paying off these loans from 2013, though it didnt hurt their digital marketing business, there was a lot of pressure on its software business, the software division though was making profits, because of the interest payments all that money went there. Why Brightcom Group share price falling? shall we buy now - YouTube They focus only on the negatives when there are plenty of positive developments happening in the company and also the industry. Once the company starts paying dividends then Im sure we can see the pledged shares coming down as well. If the company doesnt pay dividend they think that the profits are fake and the company is fraud. Ybrant and DAUM fought in many courts (Singapore,USA) for many years and finally DAUM won and the court in New York ordered Ybrant to pay the $ 34 million immediately. 57.14, 14.93, 54.73 Indicator ADX is indicating that momentum is still strong. 319 Brightcom Group price target BSE: 532368 | NSE: BCGEQ | IND: IT Consulting & Software - Small Cap | ISIN code: INE425B01027 | SECT: IT Software The Prices page of Brightcom Group Ltd.. captures the information on Price and Volume for a user defined time interval. BCG share price: 30.30 - Brightcom Group Ltd Stock Updates The company's exchange filing stated that the media filing focused on financial issues, such as an interim order and a show-cause notice issued by the Securities and Exchange Board of India (SEBI) addressing the company's financial records. In response, the company stated that because of the complexity of its operations across numerous nations and legal systems, it must adhere to local regulations in each subsidiary, necessitating the involvement of multiple auditors for the audit function. Brightcom Group Ltd. Latest Shareholding Pattern - Promoter, FII, DII Take a sell trade only if Brightcom Group stays below 37.4, but if it comes above 37.4, then a intra day buy could be more profitable. Brightcom Group rallies ahead of preferential issue, zooms 174% in a month The answer is not so simple, we cant look for answers in a single dimensional way of thinking. The company's reserves had also grown excessively. Brightcom Group Ltd (BCG) Stock Price & News - Google Finance Join MunafaSutra famous daily stock market newsletter, enter email: NSEBSECOMMODITYNASDAQNYSEFOREXINDICESAMEXUSA Eagles farewell tour: Band shares Long Goodbye dates with Steely Dan Stock is rising and might rise more. On the technical front, the stock was last seen trading lower than the 5-day, 20-, 50-, 100- and 200-day moving averages. why brightcom share price falling || brightcom group share analysis *On Rs.150 cr write off. You are now subscribed to our newsletters. However, in order to maintain the high level of discourse weve all come to value and expect, please keep the following criteria in mind: Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at Investing.coms discretion. We put the tech in Adtech.. INDICES Global indices Stock exchange Supported formats: *.jpg, *.png, *.gif up to 5mb, Drop an image here or British lender OSB Group's shares fell 20% on Friday, a day after the company said it would take a hit of up to 180 million pounds ($229.14 million) because its mortgage customers have moved more . 8) Putting it all together, the main reason is Market Sentiment. Why dont they believe the numbers? It would be incorrect to view negatively the promoter of a company who is not extremely rich someone who cannot buy more shares of the company at every fall in price or someone who has loans. Its not easy to invest in these companies but everyone can invest in BCG and that too when BCG is available at cheap prices. Alun John for This is a good sign, and the stock might keep rising and move higher! Markets didnt care about the growth in the business, if BCG traded in western markets then the value wouldve been very high. Get all the information on Brightcom Group with historic price charts for NSE / BSE. I dont mind if others trade and sometimes even I do trading, but I have issues with people who dont understand how the business works and the problems faced by the company. Copyright2023 Living Media India Limited. Its the market and overreaction which is impacting share price. Analysts continue to remain cautious over the shares of Brightcom Group and they expect that the stock may continue to fall in the near-term. Till resistance of Rs 14.75 is not broken, investors should avoid buying," said AR Ramachandran from Tips2trades. Would they pay off the debt and miss the opportunity of growing? Brightcom Group shares extend fall, crash 20% to hit fresh one-year low That is why they are going with the LOC. Brightcom Group Share Price, Brightcom Group Stock Price, Brightcom Venture-backed companies are not very profit-oriented. When we look at the Indian markets, we dont have new age technology companies that are public. Tweet. High Showing good signs of profitability & efficiency PRO Unlock deeper insights for more calculated investments Unlock pro Entry point Good The stock is underpriced and is not in the overbought zone Red flags Avg The stock has a moderate number of red flags Get your Zerodha account Open Now Brightcom Group Ltd Live BSE Share Price today, Bcg latest news, 532368 announcements. Brightcom Group Limited Share Price Today, Stock Price, Live NSE News Ads are the lifeblood of the internet, the source of funding for just about everything you read, watch and hear online. Company Announcement Brightcom Group Limited has informed the Exchange regarding the Trading Window closure pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015 They should remember this about Brightcom. Brightcom Group share price: On the technical front, the stock was last seen trading lower than the 5-day, 20-, 50-, 100- and 200-day moving averages. Brightcom Group continue to fall; stock still up 77% in a month; here's "Our revenue has been consistently increasing along with our profits. Brightcom Group latest news - In this video detailed the reason for Brightcom Group (BCG) share price falling. Good share but highly overvalued at the current price. Once a darling of millions of retail investors, Brightcom saw its share price zoom up from barely Rs 4 in April 2021 to a high of Rs 118 in December 2021. munafasutra.com2023 All Rights reserved. More markets insights, more alerts, more ways to customise assets watchlists only on the App. - NEWS as on 2023-06-30, Company Announcement The Exchange has sought clarification from Brightcom Group Limited for the quarter ended 31-Mar-2023 with respect to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. For some reason posts 2n and 3n are not visible. NYSE New York Stock exchange "We would like to inform that neither the company nor the promoters are involved in any of the above transactions. Reuters provides trusted business, financial, national, and international news to professionals via Thomson Reuters desktops, the world's media organizations, and directly to consumers at Reuters.com and via Reuters TV. Of all the incidents, this had the greatest impact on the stock price. He couldve paid dividends but since the amount is very big, he decided to pay off the debt first then concentrate on dividends. Shares of Brightcom Group hit a lower circuit for the third session in a row on Wednesday as the stock dropped another 5 per cent to Rs 13.32. It should, however, considerably reduce it. Nowadays we can see BCG putting up many investor presentations. 6. So, it is also boosting the share price as significant fundraising has taken place. Unofficial community forum for investors of Brightcom Group (BCG), an Ad-Tech company. Brightcom Group Share price is falling ? Latest News on BCG bonus Now these new investors start spreading fake information about the company. Their view is to get revenue up, achieve capital gains, sell and get out. I wrote this article mainly to analyze the reasons for the fall in the stock price and not about valuation (I will start a separate thread on valuation later). from 1986(IPO) to 2003. Get the latest Brightcom Group Ltd (BCG) real-time quote, historical performance, charts, and other financial information to help you make more informed trading and investment decisions. It appears as if Brightcom Group BCG gave a large move recently. Market Sentiment, Brightcom Accounts Receivable, BCG vs TTD Accounts Payable, Brightcoms Growth etc. ), Hyundai Motors, ICICI Bank (NS: Rs.1 invested in Amazon in 1997 wouldve become Rs.1434 !!!!! People are still judging Brightcom by looking only at DAUM case. The stock had tested its 52-week low at Rs 11.98 on March 31, 2022. Why this Shankar Sharma portfolio stock is in focus today?. Facebook NASDAQ NASDAQ Stock exchange WhatsApp If you take a sell trade below 37.4, then use 37.4 as stoploss and 12.9 as target. Daburs June quarter update is decent but fails to impress Street, Sobha stock surges on robust quarterly sales, record high realisations. Such a move . In case you cant find any email from our side, please check the spam folder. These exits had a great impact on market sentiment. This is the case in all the startups that come to markets especially in tech companies. Nearly 14 crore shares were issued to them at Rs 37.7 for a total consideration of Rs 530 crore. FB Brightcom, Affle, Flipkart, Uber, Ola, Google, Facebook etc. BCG wouldve solved this problem if their share price were higher but that is not the case. The stock dived 10 per cent to hit its lower price band of Rs 11.98. Turnover on the counter stood at Rs 20.82 crore, commanding a market capitalisation (m-cap) of Rs 2,704.02 crore. - NEWS as on 2023-06-21, Company Announcement Brightcom Group Limited has informed the Exchange regarding 'Resubmission of Outlook for the FY 2023-24'.

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