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HomeSHARE MARKET₹2642 Share Target; Investors Got 990% Bumper Return; More Than Double Return

₹2642 Share Target; Investors Got 990% Bumper Return; More Than Double Return

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Arman Financial Services Ltd (NSE: ARMANFIN): An expert investor in the stock market currently holds 54 shares. His net worth is now at Rs 4930 crore. 

A seasoned stock market investor had taken a 5.1 percent stake in Arman Financial Services in the December 2021 quarter. 

After 2 quarters, he trimmed his investment in Arman Financial to 4.7 percent and remained at 4.7 percent for quite a long period. 

In the September quarter of 2023, the investor held a 4.6 percent stake in Arman Financial Services, while during the December quarter, the stake was reduced to 4.1 percent.

He has shares of 4 lakh in Arman Financial Services and his holdings are worth around 100 crores. The shares of Arman Financial Services have increased to 0.34 percent on the day. 

They were trading at a rate of Rs 2507 with an average strength of 8.40.

The 52-week highest level of shares in Arman Financial Services is Rs 2680, with a market capitalization of approximately 2,441 crore. The 52-week low is Rs 1190. 

Arman Financial shares Arman Financial have been witnessing declines in the past few days, resulting in a decrease of 0.5 percent for investors over five days.

However, the shares of Arman Financial have provided investors with a return of 3 percent during the past month, 18 percent over the past six months, and 71 percent over the last year. 

On the 16th of March 2023, stocks of Arman Financial were at the price of Rs 1244 the point that investors’ capital nearly doubled.

The shares of Arman Financial have given bumper returns of 550 percent for investors, starting from Rs 386 on the 25th of June in 2019. 

The shares from Arman Financial were at the value of Rs 229 as of the 17th of June in 2016 and up to today, investors have earned returns of 990 percent. Another brokerage has set a target of Rs 2642 for this share.

In the Corona crisis, the stocks of Arman Financial reached a low of 294 rupees on May 29, 2020.

About Arman Financial Services

Arman Financial Services Limited is an Indian-based holding corporation. It is a category registered with the RBI of Non-Banking Finance Company (NBFC). 

They offer loans to individuals who do not have a formal job and reside in semi-rural and rural locations. The company provides loans in the micro-enterprise (MSME), two-wheeler, and microfinance segments. 

It provides finances to Hero, Honda, TVS, HMSI, Bajaj, Suzuki, Royal Enfield, and Yamaha. 

It operates services in Madhya Pradesh, Gujarat, Maharashtra, Uttar Pradesh, Uttarakhand, Haryana, Rajasthan, and Bihar. 

The total revenue from operations is 94.39 crores while its capital invested in equity is 8.49 crores.

Fundamental Analysis of Arman Financial Services Ltd

Market Cap₹ 2,441 Cr.
Current Price₹ 2,485
52-wk High₹ 2,680
52-wk Low₹ 1,190
Stock P/E16.55
Book Value₹ 539
Dividend0.00 %
ROCE18.7 %
ROE32.6 %
Face Value₹ 10.0
P/B Value4.63
OPM75.9 %
EPS₹ 162
Debt₹ 1,862 Cr.
Debt to Equity3.96

Arman Financial Services Share Price Target 2024 To 2030

Year1st Target2nd Target
2024₹2600₹2670
2025₹2745₹2812
2026₹2900₹2918
2027₹3000₹3190
2028₹3342₹3482
2029₹3500₹3800
2030₹3900₹4058
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Arman Financial Services Shareholding Pattern

Promoters Holding
Dec 202227.35%
Mar 202327.31%
June 202327.26%
Sept 202326.58%
Dec 202323.65%
FII Holding
Dec 20225.13%
Mar 20235.04%
June 20234.86%
Sept 20233.89%
Dec 20236.64%
DII Holding
Dec 20220.76%
Mar 20230.76%
June 20230.81%
Sept 20230.77%
Dec 20237.66%
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Public Holding
Dec 202266.76%
Mar 202366.89%
June 202367.05%
Sept 202368.76%
Dec 202362.05%

Arman Financial Services Ltd 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₹ 139 Cr
2020₹ 214 Cr
2021₹ 195 Cr
2022₹ 235 Cr
2023₹ 562 Cr

Last 5 Years’ Net Profit:

2019₹ 26 Cr
2020₹ 42 Cr
2021₹ 11 Cr
2022₹ 32 Cr
2023₹ 139 Cr
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Last 5 Years’ Debt-To-Equity Ratio:

20197.62
20204.05
20213.86
20224.65
20235.32

Last 10 Years’ Profit Growth:

10 Years:40%
5 Years:67%
3 Years:31%
Current Year:136%

Last 10 years’ Return on Equity (ROE):

10 Years:21%
5 Years:23%
3 Years:20%
Last Year:33%

Sales Growth Over 10 Years:

10 Years:38%
5 Years:40%
3 Years:26%
Current Year:84%

Conclusion

This article is a complete guide about Arman Financial Services 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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If you have any further queries, please comment below. We will be happy to answer all your questions. 

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Also Read: Experts Said, ₹1022 Target; Bullish Movement For Strong Demand In This Share

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.

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