byYASH Tv
Should one Buy Brightcom Group shares for Multibagger returns in 2023? Brightcom Group’s shares are down more than 70% this year. Will Brightcom recover? Brightcom Group stock Corporate Governance Issues explained
Should one Buy Brightcom Group shares for Multibagger returns in 2023? Brightcom Group’s shares are down more than 70% this year. Will Brightcom recover? Brightcom Group stock Corporate Governance Issues explained The ad-tech firm’s stock has declined more than 70% in 2022, making it the worst performer on S&P BSE 500 Index, data compiled by Bloomberg shows. The slump started after a market regulator raised concerns that some of the company’s disclosures and financial transactions have been “detrimental” to investors. The beating in the company’s shares has wiped away 129 billion rupees ($1.6 billion) in market value, especially hurting retail investors, who own a majority of the firm. The Securities and Exchange Board of India last year appointed Deloitte Touche Tohmatsu India LLP, to conduct a forensic audit of Brightcom’s financials. source Bloomberg #brightcomgroupshare #sharemarket #pennystocks