₹3 Upper Circuit Share; Stock Split 1:10; Bonus Share 2:1 Approval; Target Price

Standard Capital Markets Ltd Share: A few penny stocks in the stock market draw attention to many investors. One of these penny stocks is Standard Capital Markets Limited. The penny stocks are one of the most well-known Non-Banking Company (NBFC) stocks on the Indian market.
The cost that this penny share is lower than 5 rupees, but it keeps moving toward the upper end of the circuit.
On Wednesday the third day of trading during the week which coincided with the event of opening Standard Capital Markets, the upper circuit hit and the price of BSE was at 3.12.
The previous Tuesday there was a massive market demand. In the last month, the stock has been trading in the upper part of the market for a few days.
The NBFC stock reached the 52-week high of Rs 3.32 on the 16th of January 2024.
On the 21st of February, 2023, the value of this share was down to 1.08 rupees. This is the stock’s 52-week lowest point.
The Meeting Took Place On February 13th
An assembly of the Board of Directors of Standard Capital Markets was held on the 13th of February.
The meeting also voted in favor of the formation of a wholly-owned subsidiary called Standard Capital Advisors Limited.
In addition, Akash Bhatia was confirmed as CFO. In the past, the firm has revealed the stock split at a ratio of 1:10.
In addition, the acceptance of BSE was also given for bonus shares of 2:1.
The shareholding structure of the company is that a 17.81 percent stake belongs to the promoter.
Public shareholders are entitled to the 82.19 percent stake. 28 promoters in the company own 7,19,98,930 shares in the company.
The largest shareholders are Ram Gopal Jindal and Gaurav Jindal.
About Standard Capital Markets Ltd
Standard Capital Markets Limited is an Indian-based financial institution that is not bank-related. It’s engaged in the field of financing and the purchase or sale of shares.
The services offered by the company comprise Advisory Services, Arbitration and Mediation Due Diligence Commercial and business contracts as well as writing and litigation, Pleading, and Licensing.
The company earns its revenue through interest income. It is steered by promoter CA Narender K. Arora, Manohar Lal Vij & Vijay Chaudhry.
The company was founded on February 19th, 1987 in the name “Standard Capital Markets Limited” under the Companies Act, 1956.
On 21st March 2003 the company was recognized by the Reserve Bank of India as NBFC.
Fundamental Analysis of Standard Capital Markets Ltd
Market Cap | ₹ 451 Cr. |
Current Price | ₹ 3.07 |
52-wk High | ₹ 3.32 |
52-wk Low | ₹ 1.14 |
Stock P/E | 45.6 |
Book Value | ₹ 1.06 |
Dividend | 0.00 % |
ROCE | 7.45 % |
ROE | 2.90 % |
Face Value | ₹ 1.00 |
P/B Value | 2.91 |
OPM | 84.6 % |
EPS | ₹ 0.07 |
Debt | ₹ 149 Cr. |
Debt to Equity | 0.96 |
Year | 1st Target | 2nd Target |
2024 | ₹3 | ₹6 |
2025 | ₹7 | ₹9 |
2026 | ₹11 | ₹14 |
2027 | ₹16 | ₹18 |
2028 | ₹20 | ₹23 |
2029 | ₹25 | ₹30 |
2030 | ₹31 | ₹38 |
Promoters Holding | |
Dec 2022 | 18.04% |
Mar 2023 | 17.88% |
June 2023 | 17.86% |
Sept 2023 | 17.83% |
Dec 2023 | 17.81% |
Public Holding | |
Dec 2022 | 81.96% |
Mar 2023 | 82.12% |
June 2023 | 82.13% |
Sept 2023 | 82.17% |
Dec 2023 | 82.18% |
To gain a better understanding of how the market is performing, let’s look at the outlook of this share in the previous years.
However, investors should be aware of the risks and the market conditions before making any investment decision.
Last 5 Years’ Sales:
2019 | ₹ 0.36 Cr |
2020 | ₹ 0.36 Cr |
2021 | ₹ 0.32 Cr |
2022 | ₹ 0.37 Cr |
2023 | ₹ 20.26 Cr |
Last 5 Years’ Net Profit:
2019 | ₹ 0.07 Cr |
2020 | ₹ 0.02 Cr |
2021 | ₹ -0.70 Cr |
2022 | ₹ 0.08 Cr |
2023 | ₹ 9.82 Cr |
Last 5 Years’ Debt-To-Equity Ratio:
2019 | 0.23 |
2020 | 0.25 |
2021 | 0.33 |
2022 | 1.31 |
2023 | 0.59 |
Last 10 Years’ Profit Growth:
10 Years: | 54% |
5 Years: | 95% |
3 Years: | 381% |
Current Year: | 1354% |
Last 10 years’ Return on Equity (ROE):
10 Years: | 2% |
5 Years: | 2% |
3 Years: | 2% |
Last Year: | 3% |
Sales Growth Over 10 Years:
10 Years: | 55% |
5 Years: | 88% |
3 Years: | 215% |
Current Year: | 302% |
Conclusion
This article is a complete guide about Standard Capital Markets Ltd Share.
These information and forecasts are based on our analysis, research, company fundamentals and history, experiences, and various technical analyses.
Also, We have talked in detail about the share’s future prospects and growth potential.
Hopefully, these informations will help you in your further investment.
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