Brightcom Group share price: On Brightcom's part, there have been delays in terms of financial reporting, annual general meeting (AGM) scheduling and C-suite level appointments. It was also under Securities and Exchange Board of India's (Sebi's) watch over preferential issue of shares and warrants.
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Brightcom Group share price: At today's high price of Rs 27.49, Brightcom has rebounded 196.55 per cent from its one-year low of Rs 9.27, a level seen on April 28, 2023, when it turned into a penny stock. The counter has settled higher in nine out of 10 sessions in June so far. Brightcom has gained 82.14 per cent in the past one month.
Brightcom Group share price: As per the company's growth outlook, revenue is expected to be in the range of Rs 9,196.03 crore to Rs 9,667.63 crore in the financial year 2023-24 (FY24), indicating a mid-point growth of 27.51 per cent as compared to the previous fiscal. Brightcom projects profit after tax (PAT) between Rs 1,659.14 crore and Rs 1,744.23 crore in FY24, citing a mid-point growth of 24.12 per cent, year-on-year (YoY).
Brightcom Group share price: At today's closing price, Brightcom has rebounded 156.42 per cent from its one-year low of Rs 9.27, a level seen on April 28, 2023, when it turned into a penny stock. In June, the counter has settled higher in six out of seven sessions so far.