NIFTY 22501.35 BANK 48210.35

Prajay Engineers Syndicate Limited
Share Price Target & Analysis

NSE:PRAENG

29.39

VWAP

0

Open

28.8

Close

29.50

High

29.35

Low

30.60

52 Week High

29.50 ⇧
0.15 (0.51%)

PRAENG

(CONSTRUCTION)
94.6% Momentum

Trending & Favourite

10.35

52 Week Low

-

EPS

41.51

PE

0.37

PB

Uncertain
Quality

Unclear
Valuation

#Analysis

NSE: PRAENG Share Price Financial Analysis & Valuation

Prajay Engineers Syndicate Limited (PRAENG) is broadly categorized in CONSTRUCTION segment industry which deals in Construction & Contracting - Housing vertical. It is one of Micro Cap company with Market Capitalization of Rs 139.9 (in Cr). Total number of free float shares are 7 (in Lacs). Prajay Engineers Syndicate Limited is listed on NSE with Exchange ID - INE505C01016 and trading code is NSE:PRAENG with short name Prajay Engineer.

In the past 1 year, Prajay Engineers Syndicate Limited has declared an equity dividend of Rs 0 per share. At the current share price of PRAENG at Rs 29.50, this results in a dividend yield of 0 %.

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

Quality of the Stock: As per the fundamental analysis of NSE:PRAENG, it is clearly understood that PRAENG is Uncertain performer in terms of earnings and profit margins with an EPS of -. NSE:PRAENG book value per share as of today is 79.97. The current price to book ratio for PRAENG as of May 18, 2024 is 0.37.

Valuation of the Stock: The current valuation of PRAENG stock is like Unclear which means currently the stock is Confusing. Now, it's totally depends upon the risk appetite of an investor and risk-reward ratio of PRAENG whether to BUY this stock at current valuation. The delivery percentage of PRAENG is 63.23% is very crucial parameter which shows that 63.23% investors are anticipating that the price of PRAENG share should go up with VWAP at 29.39.

Now, the main question is whether to BUY or SELL, NSE:PRAENG at current valuation.
As per latest Analysis No. #972:-

⇑ STRONG BUY PRAENG if All Greens

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

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

⇘ SELL PRAENG if NO Green Indicator

NSE: PRAENG Share Price Today (May 18, 2024)

(Prajay Engineers Syndicate Limited Daily Analysis on the basis of PRAENG Intraday Graph & Trend)

Prajay Engineers Syndicate Limited share price moved Up by 0.51% from its previous close of Rs 28.8. PRAENG stock last traded price is 29.50. PRAENG share price trend is Up with a total of 12620 stocks traded till now. It has touched an intraday high of Rs 29.50 and an intraday low of Rs 29.35. The PRAENG trading at 29.50, Up by Rs. 0.15, or 0.51 percent which suggests that most of the Traders are anticipating that the price of PRAENG share should go Up.

NSE: PRAENG Share Price Tomorrow Prediction

(Prajay Engineers Syndicate Limited Share Price Prediction for Tomorrow & future forecast is based on Current Trend of PRAENG)

Prajay Engineers Syndicate Limited share price moved Up by 0.51%. PRAENG share price short term trend is Up. It suggests that PRAENG Share Price for Tomorrow remains the same with VWAP at 29.39 will be treated as stop loss for intraday traders. Prajay Engineers Syndicate Limited Long term investors can follow the PRAENG long term trend as mentiond in future forecast table.

NSE Code

NSE: PRAENG

PRAENG Share Price Today

 29.50

PRAENG Share Price Target Prediction for 2024 ^

 19.7 - 30.8

PRAENG Share Price Target Prediction for 2025*^

 30.8 - 32

PRAENG Share Price Target Prediction for 2026*^

 32 - 33.6

PRAENG Share Price Target Prediction for 2027*^

 35

PRAENG Share Price Target Prediction for 2028*^

 36

PRAENG Share Price Target Prediction for 2030*^

 38
PRAENG Current Book Value 2023
79.6

*Prajay Engineers Syndicate Limited Short Term & Long Term share price target is based on current financial year earings of the company.
^PRAENG 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.

PRAENG Technical Analysis

Candlestick Pattern: @28.25

PRAENG Moving Averages

BUY (13) NEUTRAL (0) SELL (1)
MA Simple Action S1 Expo Action E2
MA_5 27.64 BUY 27.9 BUY
MA_12 28.29 SELL 27.89 BUY
MA_20 27.62 BUY 27.66 BUY
MA_32 27.17 BUY 27.06 BUY
MA_50 26.08 BUY 26.36 BUY
MA_100 25.09 BUY 24.66 BUY
MA_200 19.3 BUY 21.1 BUY

PRAENG Trend Oscillators

BUY (2) NEUTRAL (1) SELL (1)
Trend Oscillators Value Action
Bollinger Bands 27.62 Uptrend
MACD -0.17 SELL
ADX 22.59 NO or Weak Trend
DMI (+/-) 42.67 / 29.93 Uptrend

PRAENG Momentum Oscillators

BUY (4) NEUTRAL (6) SELL (2)
Momentum Oscillators Value Action
RSI 56.49 Neutral
STOCHASTIC_K (Fast) 88.68 Overbought
STOCHASTIC_D (Slow) 46.97 Neutral
CCI 7.92 Neutral
PSAR 26.7 BUY
TRUE RANGE 0.55 SELL
ATR 0.69 SELL
WILLIAMS R -51.56 Neutral
TRIX 0 Neutral
STOCHASTIC RSI K 100 Overbought
STOCHASTIC RSI D 47.49 Neutral
MOMENTUM 1.5 BUY

PRAENG Last 1 Year Trend

Duration Value
1 Year 175.61%
3 Months 17.46%
1 Month 5.61%
1 Week -0.35%

PRAENG Technical Analysis Summary

Updated on 2024-05-15
Action Overall (%)
BUY 63%
NEUTRAL / HOLD 23%
SELL 13%

Most popular Questions & Answers about PRAENG


Prajay Engineers Syndicate Limited stock last traded price is 29.50. PRAENG share price moved Up by 0.51% from its previous close of Rs 28.8.

Prajay Engineers Syndicate Limited share price trend is Up with a total of 12620 stocks traded till now. It has touched an intraday high of Rs 30.906 and an intraday low of Rs 29.35. The PRAENG trading at 29.50, Up by Rs. 0.15, or 0.51 percent which suggests that most of the Traders are anticipating that the price of PRAENG share should go Up and the Stop Loss will be around 29.39.

The market cap of Prajay Engineers Syndicate Limited is ₹139.9 (in Cr) as of May 17, 2024.

The current price to earning ratio for Prajay Engineers Syndicate Limited as of May 17, 2024 is 41.51.

The current price to book ratio for Prajay Engineers Syndicate Limited as of May 17, 2024 is 0.37.

The highest price of Prajay Engineers Syndicate Limited stock is ₹30.60 in the last 52-week.

The lowest price of Prajay Engineers Syndicate Limited stock is ₹10.35 in the last 52-week.

Prajay Engineers Syndicate Limited share trading at ₹29.50, Up by Rs. 0.15, or 0.51 percent which suggests that most of the traders are anticipating that the price of PRAENG share should go Up.

In 2023, Stock price target for Prajay Engineers Syndicate Limited (PRAENG) are ₹19.7 on downside and ₹30.8 on upside. Prajay Engineers Syndicate Limited share price target is based on current financial year earings of the company.

In 2024, Stock price target for Prajay Engineers Syndicate Limited (PRAENG) are ₹30.8 on downside and ₹32 on upside. Prajay Engineers Syndicate Limited share price target is based on forecasted future earnings of the company.

In 2025, Stock price target for Prajay Engineers Syndicate Limited (PRAENG) are ₹32 on downside and ₹33.6 on upside. Prajay Engineers Syndicate 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 Prajay Engineers Syndicate Limited (PRAENG) will be around ₹36 Prajay Engineers Syndicate Limited share price target is based on market scenario & growth assumptions, they might change subject to market sentiments and forecasted future earnings of PRAENG.

As per the fundamental analysis of Prajay Engineers Syndicate Limited (PRAENG), it is of Uncertain quality in terms of earnings and profit margins with an EPS of 0. Prajay Engineers Syndicate Limited book value per share as of today is 79.97. The current price to book ratio for PRAENG as of May 18, 2024 is 0.37.


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


Peer Comparison of NSE: PRAENG

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

Sector: Construction & Contracting - Housing

Company Price EPS BV
ASHIANA 376.50 7.18 75.95
GANESHHOUC 828.55 32.49 145.62
PENINLAND 67.30 2.94 -2.09
ANSALAPI 9.45 0 -12.76
PRAENG 29.50 0 79.97
ANSALHSG 5.25 -7.9 24.62
ARIHANT 39.65 -18.1 179.26
Updated at: 17 May 2024 15:15

Feel free to contact us, in case of any queries.

SITEMAP 3006
Disclaimer: Published information or data available on the Website may not be current or up to date and also any information or data available on this website may contain inaccuracies and/or typographical errors. Kindly refer any reliable source for its accuracy. If you select any of these stocks for your trades, you do so at your own risk.

Stocks to Watch Today

ADANIENT 3060.90 0.40 (0.01%) | ADANIGREEN 1833.00 -11.40 (-0.62%) | ADANIPORTS 1335.70 -9.35 (-0.7%) | ADANITRANS 1035.15 4.15 (0.4%) | AMBUJACEM 620.70 5.30 (0.86%) | APOLLOHOSP 5953.05 21.35 (0.36%) | ASIANPAINT 2809.90 -4.15 (-0.15%) | ATGL 913.65 6.85 (0.76%) | AUROPHARMA 1185.70 20.65 (1.77%) | AXISBANK 1141.35 2.05 (0.18%) | BAJAJ-AUTO 8787.00 -84.85 (-0.96%) | BAJAJFINSV 1587.00 -9.00 (-0.56%) | BAJFINANCE 6727.40 -19.75 (-0.29%) | BALKRISIND 2797.75 133.20 (5%) | BANDHANBNK 182.65 1.50 (0.83%) | BANKBARODA 261.90 -1.00 (-0.38%) | BEL 248.20 10.30 (4.33%) | BERGEPAINT 494.10 2.25 (0.46%) | BHARTIARTL 1344.45 -0.65 (-0.05%) | BIOCON 305.85 0.10 (0.03%) | BOSCHLTD 31027.75 -13.80 (-0.04%) | BPCL 628.30 9.55 (1.54%) | BRITANNIA 5079.40 -7.40 (-0.15%) | CADILAHC 1051.40 42.40 (4.2%) | CIPLA 1399.05 -22.05 (-1.55%) | COALINDIA 470.25 1.95 (0.42%) | COLPAL 2682.00 -4.30 (-0.16%) | DABUR 536.00 -6.05 (-1.12%) | DIVISLAB 3909.00 -1.75 (-0.04%) | DLF 848.80 7.30 (0.87%) | DMART 4682.90 11.65 (0.25%) | DRREDDY 5825.00 25.45 (0.44%) | EICHERMOT 4693.90 12.15 (0.26%) | GAIL 208.90 5.00 (2.45%) | GLAND 1791.25 11.60 (0.65%) | GODREJCP 1295.10 -7.65 (-0.59%) | GRASIM 2423.65 51.05 (2.15%) | GUJGASLTD 556.50 5.60 (1.02%) | HAVELLS 1823.00 9.35 (0.52%) | HCLTECH 1333.20 -14.95 (-1.11%) | HDFC 2724.30 0.00 (0%) | HDFCAMC 3787.80 3.30 (0.09%) | HDFCBANK 1465.30 1.20 (0.08%) | HDFCLIFE 570.60 0.40 (0.07%) | HEROMOTOCO 5108.90 19.70 (0.39%) | HINDALCO 655.45 2.10 (0.32%) | HINDUNILVR 2320.35 -22.80 (-0.97%) | HINDZINC 588.00 4.70 (0.81%) | ICICIBANK 1130.50 -0.55 (-0.05%) | ICICIGI 1665.00 -4.55 (-0.27%) | ICICIPRULI 590.20 0.15 (0.03%) | INDIGO 4370.00 79.60 (1.86%) | INDUSINDBK 1412.35 3.60 (0.26%) | INDUSTOWER 344.45 3.45 (1.01%) | INFY 1445.00 -8.35 (-0.57%) | IOB 62.05 0.00 (0%) | IOC 164.05 1.20 (0.74%) | ITC 436.40 0.10 (0.02%) | JSWSTEEL 907.45 21.05 (2.37%) | KOTAKBANK 1696.55 24.50 (1.47%) | LT 3463.95 13.20 (0.38%) | LTI 4764.30 -6.90 (-0.14%) | LUPIN 1651.75 -11.20 (-0.67%) | M&M 2514.60 142.85 (6.02%) | MARICO 599.00 7.75 (1.31%) | MARUTI 12623.20 -18.30 (-0.14%) | MCDOWELL-N 1182.55 5.45 (0.46%) | MOTHERSUMI 129.35 2.10 (1.65%) | MUTHOOTFIN 1695.55 16.00 (0.95%) | NAUKRI 6222.00 355.25 (6.06%) | NESTLEIND 2507.45 61.95 (2.53%) | NMDC 276.65 11.65 (4.4%) | NTPC 365.45 4.00 (1.11%) | ONGC 279.55 2.10 (0.76%) | PEL 827.20 3.35 (0.41%) | PIDILITIND 2986.95 -31.15 (-1.03%) | PIIND 3590.00 -18.30 (-0.51%) | PNB 125.10 -0.05 (-0.04%) | POWERGRID 316.70 3.55 (1.13%) | RELIANCE 2870.10 -1.30 (-0.05%) | SAIL 169.90 3.00 (1.8%) | SBICARD 715.70 0.80 (0.11%) | SBILIFE 1434.20 -18.00 (-1.24%) | SBIN 820.40 2.55 (0.31%) | SHREECEM 26305.80 620.20 (2.41%) | SIEMENS 7198.85 13.50 (0.19%) | SRF 2280.35 9.60 (0.42%) | SUNPHARMA 1529.05 -7.25 (-0.47%) | TATACONSUM 1096.00 -3.75 (-0.34%) | TATAMOTORS 945.70 9.30 (0.99%) | TATAMTRDVR 638.50 1.75 (0.27%) | TATASTEEL 167.35 1.45 (0.87%) | TCS 3834.10 -66.85 (-1.71%) | TECHM 1305.40 -2.55 (-0.19%) | TITAN 3361.15 27.25 (0.82%) | TORNTPHARM 2710.40 11.70 (0.43%) | ULTRACEMCO 9890.35 181.25 (1.87%) | UPL 511.00 -0.25 (-0.05%) | VEDL 442.65 9.60 (2.22%) | WIPRO 461.00 -3.45 (-0.74%) |