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HomeSHARE MARKET₹16 Share; There Is No Buyer To Buy This Share; 5 Days...

₹16 Share; There Is No Buyer To Buy This Share; 5 Days Continuously Lower Circuit

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Maagh Advertising & Marketing Servcs Ltd: Maagh Advertising & Marketing Services Ltd share: Shares from penny stocks Maagh Advertising & Marketing Services have been falling continuously. 

Shares of the company are experiencing back-to-back lower circuits. Media stocks have been in the lower circuit regularly since the 16th of February. 

Yesterday, on a Thursday, there is no way to buy this stock. Shares of this company traded trading at 16.15. 

In light of the booming positive trend of companies, traders are accumulating profits because, before February 16, the company was hitting the upper circuit back-to-back. 

The company’s shares were sold in ex-bonus condition and ex-split as of February 5, 2024.

There Is Not A Single Purchaser This Day

The previous Thursday Magh was trading at 16.15 with a 5 percent lower circuit with a market capitalization of Rs 363.40 crore. 

This implies that there are lots of sellers in the market, but there aren’t buyers. Between February 5 and Feb 15 Magh shares increased by 44 percent on BSE. 

The stock also reached an all-time high for the 52 weeks of 19.10 on February 16 before making a return to lower circuits.

The Condition Of Shares

Magh Advertising’s Money Flow Index (MFI) is way too high and most likely to decrease. 

According to market information, Magh Advertising’s MFI was 76.9 which is a significant increase. 

MFI higher than 70 is deemed excessively overbought. This implies that the stock might see a drop. 

In the meantime, its Relative Strength Index (RSI) was stable at 57.2 which means that anything below 30 is considered to be oversold and anything above 70 is considered overbought. 

According to data Magh Advertising and Marketing Services Limited’s weekly average in deliveries amounts to 61.54 percent. 

It trades above six to eight SMAs and over 5 oscillators out of 9 within the bearish zone.

The shares of the company were listed on February 5, with a ratio of 1:1 ex-bonus to 4:1 ex-split. 

The company’s board meeting was held on December 20th. In the same meeting, the board decided to break up one share that had a face value of Rs 10 in 10 pieces. 

In the aftermath of this split, the price of the shares held by Magh Advertising and Marketing Services Limited was reduced to one per share.

About Maagh Advertising & Marketing Servcs Ltd Company

Maagh Advertising and Marketing Services Limited is an India-based advertisement and media firm. The company was founded in 2013. 

The company offers a vast variety of media, design, print, and other printing solutions. 

The company offers media products including creative products, and marketing via social media in addition to other services. 

The creative services offer concept development, radio advertisements, print ads, outdoor ads, logo designs online ads, as well as packaging design. 

Media services offer radio stations for outdoor or print, as well as social media, as well as purchasing or planning of media and execution. 

Social media advertising offers SEO services, innovative web design, and marketing campaigns. 

Other services include public relations campaigns as well as launch campaigns for products.

Fundamental Analysis of Maagh Advertising & Marketing Servcs Ltd 

Market Cap₹ 363 Cr.
Current Price₹ 16.15
52-wk High₹ 19.01
52-wk Low₹ 1.18
Stock P/E242
Book Value₹ 1.10
Dividend0.00 %
ROCE7.87 %
ROE5.56 %
Face Value₹ 1.00
P/B Value14.7
OPM9.36 %
EPS₹ 0.11
Debt₹ 0.00 Cr.
Debt to Equity0.00

Maagh Advertising & Marketing Servcs Ltd Share Price Target 2024 To 2030

Year1st Target2nd Target
2024₹17₹19
2025₹21₹25
2026₹26₹31
2027₹32₹33
2028₹34₹36
2029₹37₹42
2030₹43₹45
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Maagh Advertising & Marketing Servcs Ltd Shareholding Pattern

Promoters Holding
Mar 202353.63%
June 202353.94%
Sept 202353.94%
Dec 20239.83%
Feb 20249.83%
Public Holding
Mar 202346.37%
June 202346.07%
Sept 202346.06%
Dec 202390.16%
Feb 202490.17%

Maagh Advertising & Marketing Servcs 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₹ 29.90 Cr
2020₹ 52.61 Cr
2021₹ 24.55 Cr
2022₹ 21.80 Cr
2023₹ 29.59 Cr
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Last 5 Years’ Net Profit:

2019₹ 0.54 Cr
2020₹ 0.83 Cr
2021₹ 0.76 Cr
2022₹ 0.56 Cr
2023₹ 1.50 Cr

Last 3 Years’ Debt-To-Equity Ratio:

20210
20220
20230

Last 10 Years’ Profit Growth:

10 Years:
5 Years:
3 Years:-13%
Current Year:134%
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Last 10 years’ Return on Equity (ROE):

10 Years:
5 Years:
3 Years:11%
Last Year:6%

Sales Growth Over 10 Years:

10 Years:
5 Years:
3 Years:-28%
Current Year:22%

Conclusion

This article is a complete guide about Maagh Advertising & Marketing Servcs 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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