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Pennar Industries Limited
Share Price Target & Analysis

NSE:PENIND

198.84

VWAP

199.3

Open

197.3

Close

203.8

High

192

Low

215

52 Week High

202.16 ⇧
4.86 (2.46%)

PENIND

(Miscellaneous)
88.2% Momentum

Trending & Favourite

106.4

52 Week Low

5.51

EPS

35.04

PE

3.46

PB

Economical
Quality

Gold
Valuation

#Analysis

NSE: PENIND Share Price Financial Analysis & Valuation

Pennar Industries Limited (PENIND) is broadly categorized in Miscellaneous segment industry which deals in Steel - CR & HR Strips vertical. It is one of Micro Cap company with Market Capitalization of Rs 574.4 (in Cr). Total number of free float shares are 12 (in Lacs). Pennar Industries Limited is listed on NSE with Exchange ID - INE932A01024 and trading code is NSE:PENIND with short name Pennar Inds.

In the past 1 year, Pennar Industries Limited has declared an equity dividend of Rs 0 per share. At the current share price of PENIND at Rs 202.16, this results in a dividend yield of 0 %.

As per the Fundamental Analysis of NSE:PENIND, which uses revenues, earnings, future growth, financial ratios, return on equity, profit margins, and other data to determine PENIND underlying value and future prospects. All of this data is available in PENIND financial statements.

Quality of the Stock: As per the fundamental analysis of NSE:PENIND, it is clearly understood that PENIND is Economical performer in terms of earnings and profit margins with an EPS of 5.51. NSE:PENIND book value per share as of today is 58.41. The current price to book ratio for PENIND as of Nov 23, 2024 is 3.46.

Valuation of the Stock: The current valuation of PENIND stock is like Gold which means currently the stock is Overpriced. Now, it's totally depends upon the risk appetite of an investor and risk-reward ratio of PENIND whether to BUY this stock at current valuation. The delivery percentage of PENIND is 30.44% is very crucial parameter which shows that 30.44% investors are anticipating that the price of PENIND share should go up with VWAP at 198.84.

Now, the main question is whether to BUY or SELL, NSE:PENIND at current valuation.
As per latest Analysis No. #998:-

⇑ STRONG BUY PENIND if All Greens

⇗ BUY PENIND (at Lower Levels) if any 2 Greens

⇒ NEUTRAL or HOLD PENIND (With Stop Loss) if only 1 Green

⇘ SELL PENIND if NO Green Indicator

NSE: PENIND Share Price Today (Nov 23, 2024)

(Pennar Industries Limited Daily Analysis on the basis of PENIND Intraday Graph & Trend)

Pennar Industries Limited share price moved Up by 2.46% from its previous close of Rs 197.3. PENIND stock last traded price is 202.16. PENIND share price trend is Up with a total of 1565580 stocks traded till now. It has touched an intraday high of Rs 203.8 and an intraday low of Rs 192. The PENIND trading at 202.16, Up by Rs. 4.86, or 2.46 percent which suggests that most of the Traders are anticipating that the price of PENIND share should go Up.

NSE: PENIND Share Price Tomorrow Prediction

(Pennar Industries Limited Share Price Prediction for Tomorrow & future forecast is based on Current Trend of PENIND)

Pennar Industries Limited share price moved Up by 2.46%. PENIND share price short term trend is Up. It suggests that PENIND Share Price for Tomorrow remains the same with VWAP at 198.84 will be treated as stop loss for intraday traders. Pennar Industries Limited Long term investors can follow the PENIND long term trend as mentiond in future forecast table.

NSE Code

NSE: PENIND

PENIND Share Price Today

 202.16

PENIND Share Price Target Prediction for 2024 ^

 154.6 - 216.1

PENIND Share Price Target Prediction for 2025*^

 216.1 - 230.2

PENIND Share Price Target Prediction for 2026*^

 230.2 - 246.3

PENIND Share Price Target Prediction for 2027*^

 259

PENIND Share Price Target Prediction for 2028*^

 266

PENIND Share Price Target Prediction for 2030*^

 290
PENIND Current Book Value 2023
58.1

*Pennar Industries Limited Short Term & Long Term share price target is based on current financial year earings of the company.
^PENIND share price target prediction for 2024 2025 & 2026 to 2030 is based on current market scenario, future forecast & growth assumptions, they might change subject to market sentiments.

PENIND Technical Analysis

Candlestick Pattern: @177.23

PENIND Moving Averages

BUY (2) NEUTRAL (0) SELL (12)
MA Simple Action S1 Expo Action E2
MA_5 183.95 SELL 182.85 SELL
MA_12 190.94 SELL 188.26 SELL
MA_20 192.19 SELL 188.49 SELL
MA_32 186.9 SELL 186.86 SELL
MA_50 181.85 SELL 184.64 SELL
MA_100 181.26 SELL 178.85 SELL
MA_200 160.3 BUY 161.62 BUY

PENIND Trend Oscillators

BUY (0) NEUTRAL (1) SELL (3)
Trend Oscillators Value Action
Bollinger Bands 192.19 Downtrend
MACD -2.74 SELL
ADX 14.61 NO or Weak Trend
DMI (+/-) 16.77 / 28.97 Downtrend

PENIND Momentum Oscillators

BUY (0) NEUTRAL (4) SELL (8)
Momentum Oscillators Value Action
RSI 42.81 Neutral
STOCHASTIC_K (Fast) 19.96 Oversold
STOCHASTIC_D (Slow) 10.52 Oversold
CCI -119.93 SELL
PSAR 206.66 SELL
TRUE RANGE 7.39 SELL
ATR 10.87 SELL
WILLIAMS R -77.47 Neutral
TRIX 0 Neutral
STOCHASTIC RSI K 23.55 Neutral
STOCHASTIC RSI D 7.85 Oversold
MOMENTUM -7.64 SELL

PENIND Last 1 Year Trend

Duration Value
1 Year 70.74%
3 Months 5.06%
1 Month -4.13%
1 Week -12.99%

PENIND Technical Analysis Summary

Updated on 2024-11-14
Action Overall (%)
BUY 7%
NEUTRAL / HOLD 17%
SELL 77%

Most popular Questions & Answers about PENIND


Pennar Industries Limited stock last traded price is 202.16. PENIND share price moved Up by 2.46% from its previous close of Rs 197.3.

Pennar Industries Limited share price trend is Up with a total of 1565580 stocks traded till now. It has touched an intraday high of Rs 217.15 and an intraday low of Rs 192. The PENIND trading at 202.16, Up by Rs. 4.86, or 2.46 percent which suggests that most of the Traders are anticipating that the price of PENIND share should go Up and the Stop Loss will be around 198.84.

The market cap of Pennar Industries Limited is ₹574.4 (in Cr) as of Nov 22, 2024.

The current price to earning ratio for Pennar Industries Limited as of Nov 22, 2024 is 35.04.

The current price to book ratio for Pennar Industries Limited as of Nov 22, 2024 is 3.46.

The highest price of Pennar Industries Limited stock is ₹215 in the last 52-week.

The lowest price of Pennar Industries Limited stock is ₹106.4 in the last 52-week.

Pennar Industries Limited share trading at ₹202.16, Up by Rs. 4.86, or 2.46 percent which suggests that most of the traders are anticipating that the price of PENIND share should go Up.

In 2023, Stock price target for Pennar Industries Limited (PENIND) are ₹154.6 on downside and ₹216.1 on upside. Pennar Industries Limited share price target is based on current financial year earings of the company.

In 2024, Stock price target for Pennar Industries Limited (PENIND) are ₹216.1 on downside and ₹230.2 on upside. Pennar Industries Limited share price target is based on forecasted future earnings of the company.

In 2025, Stock price target for Pennar Industries Limited (PENIND) are ₹230.2 on downside and ₹246.3 on upside. Pennar Industries Limited share price target is based on Discounted Cash Flow (DCF) method uses the projected future cash flows of the business.

In next five years, Stock price target for Pennar Industries Limited (PENIND) will be around ₹266 Pennar Industries Limited share price target is based on market scenario & growth assumptions, they might change subject to market sentiments and forecasted future earnings of PENIND.

The price of Pennar Industries Limited (PENIND) shares moved by 2.46%. The short-term trend for PENIND share price is Up. It implies that the share price of PENIND will stay the same tomorrow and that intraday traders should treat VWAP at 198.84 as a stop loss. Investors with a long-term outlook can track PENIND long-term trajectory, which is indicated in the future forecast table.

Estimated DCF Value of PENIND stock is 66.1. Compared to the current market price of 202.16 INR, the PENIND stock is Overvalued by 67.3%.

As per the fundamental analysis of Pennar Industries Limited (PENIND), it is of Economical quality in terms of earnings and profit margins with an EPS of 5.51. Pennar Industries Limited book value per share as of today is 58.41. The current price to book ratio for PENIND as of Nov 23, 2024 is 3.46.


NSE:PENIND News & Other Useful Information about PENIND Share Price


Peer Comparison of NSE: PENIND

The Peers list includes companies operating in the same industry and having comparable market cap.

Sector: Steel - CR & HR Strips

Company Price EPS BV
PENIND 202.16 5.51 58.41
MAHASTEEL 222.31 2.19 80.8
TATASTLBSL 0.00 0 25.88
Updated at: 22 Nov 2024 15:55

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