Due to several issues, the Future Retail stock price is trading at Rs. 3 as of 9 Feb 2024. In the stock, there are very minimum chance of recovery even in the long term. In the company, there is nothing but still we will share some information above the company.
The Reliance wanted to acquire Future Retail but Future Retail’s creditors rejected the deal. As a result, a lot of problems started coming in the path of Future Retail company. Before the event, the stock price was trading at approx Rs. 40 – 60 but currently, it is trading at Rs. 3 which is very low. You check more news of the stock on the internet to know all the problems in the stock.
Almost everyone knows that the company is 99.99% dead but millions of retail investors invested money in the stock and they are still in the hope the stock will go up in the upcoming years.
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About Future Retail
Future Retail was founded in 2007 and currently, its managing director is Mr. Rakesh Biyani. Future Retail is an Indian company that is involved in many businesses like hypermarkets & supermarkets, electronics, lifestyle consumers, etc. You can check detailed information about their business on their official website.
Company Fundamentals
For long-term investing purposes in stocks, it is required to analyze the company fundamentals in which you are investing. If there is growth from the past few years and all the terms like PE, ROCE, etc are positive then it could be a good stock.
The the sector’s future is also positive for the upcoming years then investing in the top stocks of the sector can give a very high return. In reality, it is hard to know which sector is going to grow a lot in the future.
Note: Please cross-check the below-shared information from your broker website or any other trusted website. Please let us know if any information is wrong. The fundamental data was last updated on 09 Feb 2024.
Profit Growth (5 Years)
| Year | Profit (In Crores) |
|---|---|
| March 2017 | NA |
| March 2018 | NA |
| March 2019 | ₹727 |
| March 2020 | ₹11.29 |
| March 2021 | -₹3,190 |
Quarterly Results (Profits)
| Quarter | Profits (In Crore) |
|---|---|
| Dec 2020 | -₹847 |
| Mar 2021 | -₹1,088 |
| Jun 2021 | -₹1,147 |
| Sep 2021 | -₹1,117 |
| Dec 2021 | -₹1,063 |
Company Essentials
| Market Cap | ₹155Cr | ROE | 376.45% |
| P/E Ratio (TTM) | 0.00 | EPS (TTM) | -81.98 |
| P/B Ratio | 0.00 | Div Yield | 0.00% |
| Industry P/E | 96.61 | Book Value | -20.61 |
| Debt to Equity | -12.35 | Face Value | 2 |
Share Holding Pattern
| Held By | Holding % |
|---|---|
| FII | 2.6% |
| DII | 6.61% |
| Public | 76.48% |
| Promoters | 14.31% |
| Other Holders | 0.0% |
Key Points
- The promoter has pledged their holing in the stock and the promoter holdings are very low.
- On the compnay, there is a Debt of Rs. 11,195.52 Crore which is very high and the compnay has cash of Rs. 68.68 Crore.
- There is not enough data available as the compnay is making losses almost every year.
Thumb Rules for Investing
If you are an investor and want to book maximum profit on your investments then you have to follow some basic rules that are shared by many experienced investors from all over the world.
Not only in maximizing the return on your investments these rules also help you to book loss or profit at right so, that you can make more profit and decrease losses in the worst market crash.
Note: There are not sufficient rules that will make you high-level investors. In different stocks and sectors, there are multiple factors investors proper to check before investing in stocks. These things come from knowledge and experience.
Rule #1: Do not invest all the money in one sector’s stocks. No matter what is the future of the sector. In case, you invested all the money in one sector, if the sector faces any issue then you’ll be in a huge loss.
Rule #2: Invest a maximum of 5% – 6% of the total money in any stock. Suppose you have Rs. 1 Lakh the invest only 5000 – 6000 in any stock. This rule is applicable when you are retail, and can not track all the stocks.
Rule #3: Invest in a maximum of 2-3 stocks of a sector. When any sector faces problems then other sectors’ stock will save you from huge losses.
Rule #4: Invest in stock when the stock the available at a 10% low from its 52-week high. Some people invest in stocks at high, and as a result, they do not get good returns on their investments.
Rule #5: Invest in stocks for at least 5 – 7 years to get very high returns. Keep booking the profit from time to time.
Rule #6: Keep averaging the stock if everything is right in the company and the stock is available at a high discount due to any market crash.
Rule #7: Before Investing in any stock make sure you check its fundamental and related news. It will help you to stay away from the stock which can give you huge losses.
Future Retail Share Price Target
As we mentioned above if you are a real trader then investing in penny stock can burn your hard-earned money. As you can see the Future Retail price has fallen by more than 99.9% and it is a penny stock which is fundamentally very weak.
Disclaimer: We are not SEBI registered. The post is only for educational purposes not for any investing advice. Do your analysis or ask your financial advisor before investing. We will be not responsible for any loss or profit.
If you check the liquidity of the stock, it is very low. If you invest in the stock it will be very hard to buy the shares at the desired price.
The time high of the stock is Rs. 640 and currently, it is trading at Rs. 3. The 52-week high of the stock is Rs. 3.95 and the 52-week low of the stock is Rs. 2.
Future Retail Share Price Target 2024
As we mentioned earlier the company is almost dead and expecting a 1% return is useless. If you are planning to invest money at CMP and it will double then you are wrong because it is never going to double or there is a very rare chance of going up.
In a few words, we strongly recommend you do not invest in these types of stocks, you can check other fundamentally strong stocks for investments.
Future Retail share price target for 2025 and 2026
Also in the long term, there is no future for the compnay and most probably it will never go upside. The stock can go up only on one condition if someone acquires the company and invests a lot of money.
We are not recommending it because the public is holding more than 75% share of the compnay but in reality, they are stuck in the stock and lost almost all the money in it. That’s why we do not suggest you invest in penny stocks.
FAQs
No, it is not a good buy. As you can see it’s a low-cap penny stock and down by approx 99% in the past 5 years. It can be very risky to buy Future Retail for retail investors.
As the company’s fundamentals are very weak the liquidity in the stock is almost no. So, there are no targets from the experts for the year 2025.
As per the current news, it looks like it is in huge trouble. So, can not say anything as of now.
Final Words: In the Future Retails stock there are a lot of investors stuck in it. If you check the shareholding pattern there are more than 75% of investors are public investors. So, do your proper research before buying any stock that is penny stock and in trouble.