Deep Diamond Share Price Target (2023, 2024, 2025, 2026, 2027, 2028, 2029, 2030) | Deep Diamond Financial Trends, Fundamentals, Businesses and more
Want to know about Deep Diamond Share Price Target and its share analysis?
Are you looking for the best analysis of Deep Diamond share and why is its share price rising so fast? So your are in the right blog, here we will provide you the analysis of Deep Diamond and its target.
Note: This article is only for knowledge purpose, so do your own research before investing in the share. We are not liable for any losses you may incur by investing in shares in view of the share price target.
The maximum target share price of Deep Diamond for the year 2023, 2024, 2025, 2026 and 2030 will be ₹17.30, ₹18.90, ₹22, ₹25.30 and ₹55 respectively. This is the predicted price, for more details read this article till the end.
About Deep Diamond
The company “Deep Diamond India Ltd” was founded in 1993 and has been providing a varied range of 18K real diamond jewellery for both men and women for the past 25 years. All jewellery pieces of Deep Diamond are certified by the International Gemology Institute to ensure the best quality.
The company is committed to providing the lowest prices for diamond jewellery and a diamond solitaire without compromising on quality. With 25 years of experience in the market and its own manufacturing facility, Deep Diamond products has a competitive advantage over other retailers.
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Deep Diamond Financial Trends
If we talk about the Revenue and Profit of Deep Diamond Company then –
Its revenue in 2019 has been ₹ 1.25 Cr and profit is ₹ -0.02 Cr. There was a revenue of ₹ 0.81 Cr in 2020 and a profit of ₹ -0.03 Cr. In the same 2021, there was a profit of ₹ -0.05 crore with a revenue of ₹ 0.81 Cr. And this year i.e. in 2022 there has been a profit of ₹ 0.2 Cr with a revenue of ₹ 1.39 Cr.
Deep Diamond Share Price Target 2023, 2024, 2025, 2026, 2030 Table
| Year | Minimum Price | Maximum Price |
|---|---|---|
| Deep Diamond Share Price Target 2023 | 17.10 | 17.30 |
| Deep Diamond Share Price Target 2024 | 18.60 | 18.90 |
| Deep Diamond Share Price Target 2025 | 21 | 22 |
| Deep Diamond Share Price Target 2026 | 24 | 25.3 |
| Deep Diamond Share Price Target 2027 | 28 | 29.50 |
| Deep Diamond Share Price Target 2028 | 32 | 34 |
| Deep Diamond Share Price Target 2029 | 39 | 41 |
| Deep Diamond Share Price Target 2030 | 50 | 55 |
Deep Diamond Share Price Target 2025
The company has given returns of 58% in the last 6 months, whereas in the last one year it has given returns of more than 1100% (from March 2022 to March 2023). But since few days there has been a huge decline in it which is not good. Keeping this in mind, Deep Diamond Share Price Target 2025 will be ₹21 and maximum price can be ₹22 So let us now look at its financial trends as well.
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Deep Diamond Share Price Target 2030
The company was continuously incurring losses but it has made a profit of 20 lakhs in 2022. There has also been a slight improvement in its revenue and net worth, which is a good thing. Talking about the Deep Diamond Share Price Target 2030, the first price will be ₹50 and maximum price can be ₹55. But investing in it can prove to be risky, why will it happen, let’s know.
Is it good to invest in Deep Diamond India Share?
No, investing in this share can be quite risky. I am saying this because the fundamentals of the company are very weak and need a lot of improvement. Its financial trends are also not that good and there has been a huge fall in the stock in a few days.
Along with this, Deep Diamond’s stock has been seen to be manipulated many times. Due to which many investors have also suffered losses, so investing in it can be risky. For more details about the Deep Diamond Share, you can watch this video –
Conclusion
That’s it in today’s article, we have tried our best to tell you about Deep Diamond stock very well. So friends, if you are investing in stocks only after seeing the share price Target, then do not do this. Because there are many reasons behind the rise and fall of the Stock price.
I hope you got to learn a lot from this Deep Diamond Share Price Target 2023, 2024, 2025, 2026, 2030 article. And you will be able to decide by yourself whether you have to invest in this stock or not. If you have any queries, please ask in the comment box we will try to solve your issue by providing a better solution.
FAQs
Is Deep Diamond a debt free company?
Yes, Deep Diamond company is debt free.
Who is the Chairman of Deep Diamond?
Mr.Prakash Rikhabchand Solanki is the present chairman of this company.
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