About “Is Brightcom Group a Multibagger Stock !! Penny Stocks 2023”

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