Brightcom group what is the share price target 2023

BCG The Brightcom Group shares have already reached 52-week lows of Rs-18 by 2nd May 2023, from the 52-week high price of 81.30 at 4th May 2020 without any proof. SEBI has shown show cause in relation to accounting irregularities, but it still hasn’t proved whether or not irregularities have been committed. Brightcom Group clarifies SEBI in accordance with SEBI’s show cause notice.

Brightcom Group share prices are under pressure after the SEBI issued a notice of show cause. The SEBI also raised concerns about the irregularity of the Brightcom Group shareholding patterns. SEBI stated that the numbers were recorded incorrectly in violation of rules.

Company has shown all the subsidiaries result in their website and shareholding pattern – you can visit to Brightcom group website – https://www.brightcomgroup.com/investors/subsidiaries-financials/

SEBI has released the financial year 2014-2020 and stated that company balance sheets and P/L showed overstated profits. We can see that the company’s website shows a loss for 2020, but it is a company with a profit in 2020.

Youtuber spreads fake news on youtube. Youtubers spread false information about Brightcom Group News, without proper knowledge. They make 5-6 videos a day in bcg to increase subscribers.

Brightcom Group Ltd shares hit the upper limit circuit in early trading on Thursday for the third session in a row.