Penny Stock Return: Mid East Portfolio Management Share is a multibagger investment penny stock. This stock has seen tremendous growth so far this year. The shares of the company are continuously giving excellent returns.
Today on Monday, the share of Mid East Portfolio Management hit an upper circuit of 5% and reached Rs 9.07 on BSE. But on Tuesday the share hit an lower circuit of -5% and reached Rs 8.55.
Shares of this company increased by over 9.06 percent in the last 5 trading days. Last month on January 16, the price of this share was Rs 4.
Price Has Risen By 101.18% To Date This Year
Share of Mid East Portfolio Management has given 101.18% returns so far this year. The stock has risen over 126% over the last 3 months.
This stock has given a return of 138.83% in the last 6 months. Let us tell you that its 52-week low price is Rs 2.80. The company had touched it on April 11 last year. Its market cap is Rs 4.30 crore.
Mid East Portfolio Management Limited provides investment services to non-residents to help with the issuance of new securities (IPO), Demat services, stock broking, and various services.
What Are Penny Stocks?
There are some shares in the stock market whose value is less than Rs 10, which are called penny stocks in the stock market language.
However, there is no fixed definition of penny stock. Some people also consider companies with share prices less than Rs 20 and low market cap as penny stocks.
Betting in penny stocks is risky but if the financial health, fundamentals, and business of the company are excellent, it can also give quick profits.
About Mid East Portfolio Management
Mid East Portfolio Management Limited offers investment services for NRIs who reside in India.
The company provides corporate advice, loan syndication, and financial and debt placement services. It also arranges for commercial borrowings from the outside.
The company also offers Portfolio management services, including new issues and stock brokerage/online trading demat services, as well as general, life health, travel, and general assurance products as well as services.
In addition, the company is also a fund manager for mutual funds in addition to savings schemes along with NRI bonds, including RIB and India Millennium Development Bonds of the Government of India.
Fundamental Analysis of Mid East Portfolio Management
| Market Cap | ₹ 4.30 Cr. |
| Current Price | ₹ 8.55 |
| 52-wk High | ₹ 9.07 |
| 52-wk Low | ₹2.80 |
| Stock P/E | 26.9 |
| Book Value | ₹ 6.34 |
| Dividend | 0.00 % |
| ROCE | 1.92 % |
| ROE | 1.92 % |
| Face Value | ₹ 10.0 |
| P/B Value | 1.35 |
| OPM | – |
| EPS | ₹ 0.32 |
| Debt | ₹ 0.00 Cr. |
| Debt to Equity | 0.00 |
Mid East Portfolio Management Share Price Target 2024 To 2030
| Year | 1st Target | 2nd Target |
| 2024 | ₹9 | ₹11 |
| 2025 | ₹2 | ₹13 |
| 2026 | ₹14 | ₹15 |
| 2027 | ₹16 | ₹19 |
| 2028 | ₹21 | ₹22 |
| 2029 | ₹24 | ₹26 |
| 2030 | ₹28 | ₹30 |
Mid East Portfolio Management Shareholding Pattern
| Promoters Holding | |
| Dec 2022 | 39.26% |
| Mar 2023 | 39.26% |
| June 2023 | 39.26% |
| Sept 2023 | 39.26% |
| Dec 2023 | 39.26% |
| Public Holding | |
| Dec 2022 | 60.73% |
| Mar 2023 | 60.73% |
| June 2023 | 60.73% |
| Sept 2023 | 60.72% |
| Dec 2023 | 60.73% |
Mid East Portfolio Management Share: Last 5 Years’ Financial Condition
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 | ₹0.00 Cr |
| 2020 | ₹0.14 Cr |
| 2021 | ₹0.14 Cr |
| 2022 | ₹0.11 Cr |
| 2023 | ₹0.00 Cr |
Last 5 Years’ Net Profit:
| 2019 | ₹-0.11 Cr |
| 2020 | ₹0.00 Cr |
| 2021 | ₹0.00 Cr |
| 2022 | ₹0.03 Cr |
| 2023 | ₹0.16 Cr |
Last 5 Years’ Debt-To-Equity Ratio:
| 2019 | 0 |
| 2020 | 0 |
| 2021 | 0 |
| 2022 | 0 |
| 2023 | 0 |
Last 10 Years’ Profit Growth:
| 10 Years: | 9% |
| 5 Years: | -10% |
| 3 Years: | – |
| Current Year: | 700% |
Last 10 years’ Return on Equity (ROE):
| 10 Years: | -3% |
| 5 Years: | 0% |
| 3 Years: | 1% |
| Last Year: | 2% |
Sales Growth Over 10 Years:
| 10 Years: | – |
| 5 Years: | – |
| 3 Years: | – |
| Current Year: | -100% |
Conclusion
This article is a complete guide about Mid East Portfolio Management 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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Disclaimer: Dear readers, we’d like to inform you that we are not authorized by SEBI (Securities and Exchange Board of India). The information on this site is only for informational and educational purposes and shouldn’t be considered financial advice or stock recommendations. Also, the share price predictions are completely for reference purposes. The price predictions will only be valid when there are positive signs on the market. Any uncertainty about the company’s future or the current state of the market will not be considered in this study. We are not responsible for any financial loss you might incur through the information on this site. We are here to provide timely updates about the stock market and financial products to help you make better investment choices. Do your own research before any investment.
