Blue Chip Share Price Target 2024, 2025, 2026, 2028, 2030, 2040 And 2050

Today’s article is based on Blue Chip Share Price Target 2024, 2025, 2026, 2028, 2030, 2040 And 2050. Apart from the target price of the stock, we will also discuss its Fundamental, Share Price History, Income Report, Balance Sheet, Shareholding Pattern and its Strengths and Risks in detail so that it becomes easier for you to understand whether you should invest in the stock or not.

About Blue Chip

Blue Chip India Ltd. is a non-banking finance company founded in 1989 by three brothers, J. Rajagopalan, J. Rajaraman and J. Kannan. The main objective of the company was to educate retail customers on how to invest smartly in highly rated financial products.

At the time of the company’s inception, there was only one office and two staff in Mumbai, but today Blue Chip has become India’s largest financial products house. It has more than 500 branches at more than 200 locations in India with more than 5 lakh customers.

Blue Chip helps its customers improve their financial future by giving them suggestions about Mutual Funds, Corporate Fixed Deposits, Government Bonds, NFOs, IPOs, Life and General Insurance Plans, keeping in mind their interests and goals.

Blue Chip Fundamental

Blue Chip is a very small company with a market cap of only Rs 32 crore and its fundamentals are quite weak. Both ROE and ROCE of this company are in negative which means that the company is neither able to give return on its equity nor is it able to utilize its capital properly to get returns. Currently, the PE Ratio of this stock is also showing negative which means that it is unable to generate any kind of earning through shares.

This year the net profit of the company has also been in negative. All these figures are not good from investment point of view, before investing in this stock, the investor should do his own research and also take advice from stock market experts so that he can get good returns in future.

Blue Chip Share Price Target 2024 2025, 2026, 2028, 2030, 2040 And 2050

Blue Chip Share Price Target 2024

Blue Chip Share Price Target 2025

Blue Chip Share Price Target 2026

Also Read: Strong growth, Jio Finance shares will make you a millionaire.

Blue Chip Share Price Target 2028

Blue Chip Share Price Target 2030

Blue Chip Share Price Target 2040

Blue Chip Share Price Target 2050

Blue Chip Share Price Target: Export Opinion

Profit/Loss

There has been a continuous increase in the revenue of the stock for the last 4 years but in the meantime the company has also increased its expenses significantly due to which the company has suffered a loss of Rs 2.94Cr in FY March 2024. The stock had made a profit of Rs 0.69Cr in FY 2023, which is the highest profit recorded in the last 5 years.

Blue Chip Listing Date

Blue Chip stock was successfully listed on Indian market NSE and BSE on 06-Sep-2000 at ₹1.75.

Blue Chip Share Price History

Blue Chip company was established in 1989 itself but it was listed on Indian markets NSE and BSE on 6 September 2000. At the time of listing its price per share was ₹ 1.75 and today on 27 July 2024 its share price is ₹ 5.90. In these 24 years, its share price has grown by 237.14%.

The maximum share price since the listing of the stock has been Rs 46, since then the stock price has been continuously falling. In 2011, its share price fell to 0.

But the stock has performed quite well in the last few years. Its shares have seen a good growth of 1,117.78% in the last 3 years and 376.52% in the last 1 year. The company’s shares have grown by 35.64% in the last month. From all these figures it is expected that the stock can give good returns to its investors in future.

Blue Chip Share Price Growth Chart

To better understand the growth of the company, the growth chart of Blue Chip stock is being displayed here. Analysis of the chart shows that the stock price had grown very rapidly in the beginning but after some time its share price has been continuously falling. But since last few years, there is a rise in its share price again due to which it is expected that the chart will remain in uptrend in the coming time.

Blue Chip Quarterly Report

Blue Chip Profit/Loss – Last 5 Years Report

Blue Chip Income Report

Expenses

Other Additional Information

Blue Chip Balance Sheet – Last 5 Years Report:

Equities And Liabilities

Assets

Other Additional Information

How to Buy Blue Chip Shares?

There are many Indian brokers which are registered by SEBI to buy and sell shares of any stock registered on the Indian market. By opening their demat account with these brokers, investors can buy and sell shares of any company. Names of some brokers are being mentioned below which are completely safe, that is, there is no possibility of any kind of fraud from them.

• Zerodha
• Groww
• Angel One
• Upstox

Blue Chip Shareholding Pattern

Blue Chip Latest News

• There has been a growth of 11.11% in net sales in the quarter of March 2024 as compared to the quarter of March 2023.
• The quarterly net loss in March 2023 was Rs 0.86 crore. A decrease of 100.28% has been reported in this net loss for the March 2024 quarter.
• Its share price has grown by 145.71% so far this year 2024 and has given a return of 928.57% in the last 12 months.

Strengths

• Strong Momentum: The company’s stock is currently trading above short, medium and long term moving averages, which reflects its strong momentum.
• Rising Net Cash Flow: Net Cash of Blue Chip was 0.01Cr in FY 2023 which has increased to 0.05Cr in FY 2024. There has been an increase in the Net Cash Flow of the company in this one year which shows the strength of the stock.
• Company with No Debt: There is no debt of any kind on Blue Chip. The company can use its earnings to complete its plans, due to which its share price may increase in future.
• Stock Gained More Than 300% In One Year: The stock has seen a significant growth of 376.52% in the last 1 year, which is a positive sign for long term investors.
  

Risks

• Degrowth in Revenue and Profit: The Revenue and Profit of the company has been continuously decreasing for the last few months due to which investing in it can be risky.
• Companies with weak financials: Market capital of Blue Chip company is very low, only 32Cr. And it has also been unable to generate sales profit, hence investing in it can be risky.
• No Profit No ROE: For the last 1 year, the company is neither able to generate profit nor is it able to give any return on its equity to its investors.

Blue Chip Points to Consider Before Investing

1. The Blue Chip stock is currently trading above its 52 week high. Stock market experts believe that when a stock goes above its 52 weeks, there is a huge rise in its share.
2. In the last one month, the share of Blue Chip India has increased by 35.64% while the Nifty 50 has increased by only 4.05%, due to which it can be expected that its share may increase further in future.
3. Promoters holding has remained unchanged at 11.25% for the last 3,4 months.
4. The Price to Book Ratio of a Blue Chip company is much higher than its industry.

Competitors of Blue Chip

1. Bajaj Finserv Ltd.
2. HDFC AMC
3. Nippon
4. AB Capital
5. IIFL Finance
6. Authum Invest
7. CAMS
8. Kalyani Invest

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Conclusion

Blue Chip, a company listed in the Indian market for a long time, has been unable to give profits to its investors. The company is neither able to generate profit nor is it able to utilize its capital properly. The company is continuously in loss, but in the last few years it has shown good growth in its share price and the current trends are indicating up in its chart.

Blue Chip investors should invest in it using their own knowledge and advice from stock market experts, so that they can get good returns from this stock in future.

Disclaimer – Please note that we are not SEBI-registered advisors. Our post is for educational purposes only. Therefore, before investing in any share, take advice from a SEBI certified expert. If you invest, you yourself will be responsible for your profit and loss, not us.