Single-Digit PE Debt-Free Penny Stock Below Rs 20 Locked in Lower Circuit: Major updates announced; Details inside!

On Thursday, the shares of this penny stock were locked in a 5 per cent lower circuit to Rs 17.57 per share from its previous closing of Rs 18.49 per share. The stock is down by 19 per cent from its 52-week high of Rs 21.65 per share and has given multibagger returns of 164 per cent from its 52-week low of Rs 6.65 per share.  The stock’s all-time high is Rs 117.75 per share.

The stock name is Brightcom Group Ltd.

Brightcom Group Ltd, previously known as Lycos Internet Ltd, is a global digital marketing powerhouse founded in 2000 and headquartered in Hyderabad, India. Offering a comprehensive suite of digital marketing solutions, the company caters to businesses, agencies, and publishers worldwide through its Ad-Tech and Digital Marketing, Software Services and Future Technologies divisions. From traditional advertising formats to cutting-edge AI and DOOH, Brightcom's diverse portfolio positions it as a leader in the dynamic digital landscape.

Brightcom Group Ltd. has announced a significant improvement in its global rankings on Pixalate’s Seller Trust Index (STI) for Mobile SSPs (Supply-Side Platforms). This independent and respected benchmark evaluates digital advertising platforms on criteria such as direct publisher relationships, authorised seller paths, invalid traffic mitigation, bundle integrity, and country-level market share. Pixalate analyses over 50 billion global advertising transactions monthly, ranking more than 580 sellers across over 140 countries. Brightcom's improved standing demonstrates enhanced trust, transparency, and performance, with notable rankings including 6th in China, 10th in Spain, 14th in Ireland and Japan, 15th in France, and 17th in Switzerland.

In other news, Brightcom Group's equity shares have been successfully re-listed and are now trading on both the BSE and NSE, effective July 14, 2025. The company acknowledges that the initial trading period has experienced some volatility, partly due to a substantial offload by an institutional investor, which is not uncommon in re-listing situations. Despite this, the Board remains confident in the company’s long-term fundamentals and reaffirms its commitment to strong governance, sustained growth, and value creation for shareholders. This re-listing is viewed as the beginning of a renewed phase focused on exemplary transparency and top-tier corporate governance.

In FY25, the company reported net sales of Rs 5,147 crore and net profit of Rs 710 crore. The company has a market cap of over Rs 3,500 crore and as of March 2025, the company is debt-free. The stock has a PE of 5x, an ROE of 9 per cent and an ROCE of 12 per cent.

Disclaimer: The article is for informational purposes only and not investment advice.