NIFTY 23907.25 BANK 51135.40

Praj Industries Limited
Share Price Target & Analysis

NSE:PRAJIND

747.83

VWAP

676.05

Open

675.5

Close

804

High

670.3

Low

826.7

52 Week High

779.20 ⇧
103.70 (15.35%)

PRAJIND

(INDUSTRIAL MANUFACTURING)
87.5% Momentum

Trending & Favourite

448

52 Week Low

16.15

EPS

105.83

PE

11.36

PB

Economical
Quality

Gold
Valuation

#Analysis

NSE: PRAJIND Share Price Financial Analysis & Valuation

Praj Industries Limited (PRAJIND) is broadly categorized in INDUSTRIAL MANUFACTURING segment industry which deals in Engineering - Heavy vertical. It is one of Small Cap company with Market Capitalization of Rs 7672 (in Cr). Total number of free float shares are 18.2 (in Lacs). Praj Industries Limited is listed on NSE with Exchange ID - INE074A01025 and trading code is NSE:PRAJIND with short name Praj Industries.

In the past 1 year, Praj Industries Limited has declared an equity dividend of Rs 4.2 per share. At the current share price of PRAJIND at Rs 779.20, this results in a dividend yield of 0.54 %.

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

Quality of the Stock: As per the fundamental analysis of NSE:PRAJIND, it is clearly understood that PRAJIND is Economical performer in terms of earnings and profit margins with an EPS of 16.15. NSE:PRAJIND book value per share as of today is 68.61. The current price to book ratio for PRAJIND as of Nov 23, 2024 is 11.36.

Valuation of the Stock: The current valuation of PRAJIND 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 PRAJIND whether to BUY this stock at current valuation. The delivery percentage of PRAJIND is 49.75% is very crucial parameter which shows that 49.75% investors are anticipating that the price of PRAJIND share should go up with VWAP at 747.83.

Now, the main question is whether to BUY or SELL, NSE:PRAJIND at current valuation.
As per latest Analysis No. #1404:-

⇑ STRONG BUY PRAJIND if All Greens

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

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

⇘ SELL PRAJIND if NO Green Indicator

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

(Praj Industries Limited Daily Analysis on the basis of PRAJIND Intraday Graph & Trend)

Praj Industries Limited share price moved Up by 15.35% from its previous close of Rs 675.5. PRAJIND stock last traded price is 779.20. PRAJIND share price trend is Up with a total of 9429810 stocks traded till now. It has touched an intraday high of Rs 804 and an intraday low of Rs 670.3. The PRAJIND trading at 779.20, Up by Rs. 103.70, or 15.35 percent which suggests that most of the Traders are anticipating that the price of PRAJIND share should go Up.

NSE: PRAJIND Share Price Tomorrow Prediction

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

Praj Industries Limited share price moved Up by 15.35%. PRAJIND share price short term trend is Up. It suggests that PRAJIND Share Price for Tomorrow remains the same with VWAP at 747.83 will be treated as stop loss for intraday traders. Praj Industries Limited Long term investors can follow the PRAJIND long term trend as mentiond in future forecast table.

NSE Code

NSE: PRAJIND

PRAJIND Share Price Today

 779.20

PRAJIND Share Price Target Prediction for 2024 ^

 613 - 830.8

PRAJIND Share Price Target Prediction for 2025*^

 830.8 - 885.1

PRAJIND Share Price Target Prediction for 2026*^

 885.1 - 947.1

PRAJIND Share Price Target Prediction for 2027*^

 994

PRAJIND Share Price Target Prediction for 2028*^

 1023

PRAJIND Share Price Target Prediction for 2030*^

 1115
PRAJIND Current Book Value 2023
68.3

*Praj Industries Limited Short Term & Long Term share price target is based on current financial year earings of the company.
^PRAJIND 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.

PRAJIND Technical Analysis

Candlestick Pattern: @689.7

PRAJIND Moving Averages

BUY (2) NEUTRAL (0) SELL (12)
MA Simple Action S1 Expo Action E2
MA_5 696.39 SELL 694.84 SELL
MA_12 711.84 SELL 710.49 SELL
MA_20 722.57 SELL 719.98 SELL
MA_32 745.48 SELL 729.77 SELL
MA_50 744.18 SELL 731.33 SELL
MA_100 733.67 SELL 716.42 SELL
MA_200 630.52 BUY 656.5 BUY

PRAJIND Trend Oscillators

BUY (0) NEUTRAL (1) SELL (3)
Trend Oscillators Value Action
Bollinger Bands 722.57 Downtrend
MACD -4.04 SELL
ADX 16.49 NO or Weak Trend
DMI (+/-) 18.21 / 32.16 Downtrend

PRAJIND Momentum Oscillators

BUY (0) NEUTRAL (5) SELL (7)
Momentum Oscillators Value Action
RSI 39.89 Neutral
STOCHASTIC_K (Fast) 30.63 Neutral
STOCHASTIC_D (Slow) 14.95 Oversold
CCI -138.75 SELL
PSAR 736.93 SELL
TRUE RANGE 26 SELL
ATR 27.05 SELL
WILLIAMS R -72.94 Neutral
TRIX 0 Neutral
STOCHASTIC RSI K 57.25 Neutral
STOCHASTIC RSI D 19.08 Oversold
MOMENTUM -113.25 SELL

PRAJIND Last 1 Year Trend

Duration Value
1 Year 21.36%
3 Months -6.34%
1 Month -14.1%
1 Week -3.35%

PRAJIND Technical Analysis Summary

Updated on 2024-11-14
Action Overall (%)
BUY 7%
NEUTRAL / HOLD 20%
SELL 73%

Most popular Questions & Answers about PRAJIND


Praj Industries Limited stock last traded price is 779.20. PRAJIND share price moved Up by 15.35% from its previous close of Rs 675.5.

Praj Industries Limited share price trend is Up with a total of 9429810 stocks traded till now. It has touched an intraday high of Rs 834.967 and an intraday low of Rs 670.3. The PRAJIND trading at 779.20, Up by Rs. 103.70, or 15.35 percent which suggests that most of the Traders are anticipating that the price of PRAJIND share should go Up and the Stop Loss will be around 747.83.

The market cap of Praj Industries Limited is ₹7672 (in Cr) as of Nov 22, 2024.

The current price to earning ratio for Praj Industries Limited as of Nov 22, 2024 is 105.83.

The current price to book ratio for Praj Industries Limited as of Nov 22, 2024 is 11.36.

The highest price of Praj Industries Limited stock is ₹826.7 in the last 52-week.

The lowest price of Praj Industries Limited stock is ₹448 in the last 52-week.

Praj Industries Limited share trading at ₹779.20, Up by Rs. 103.70, or 15.35 percent which suggests that most of the traders are anticipating that the price of PRAJIND share should go Up.

In 2023, Stock price target for Praj Industries Limited (PRAJIND) are ₹613 on downside and ₹830.8 on upside. Praj Industries Limited share price target is based on current financial year earings of the company.

In 2024, Stock price target for Praj Industries Limited (PRAJIND) are ₹830.8 on downside and ₹885.1 on upside. Praj Industries Limited share price target is based on forecasted future earnings of the company.

In 2025, Stock price target for Praj Industries Limited (PRAJIND) are ₹885.1 on downside and ₹947.1 on upside. Praj 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 Praj Industries Limited (PRAJIND) will be around ₹1023 Praj Industries Limited share price target is based on market scenario & growth assumptions, they might change subject to market sentiments and forecasted future earnings of PRAJIND.

The price of Praj Industries Limited (PRAJIND) shares moved by 15.35%. The short-term trend for PRAJIND share price is Up. It implies that the share price of PRAJIND will stay the same tomorrow and that intraday traders should treat VWAP at 747.83 as a stop loss. Investors with a long-term outlook can track PRAJIND long-term trajectory, which is indicated in the future forecast table.

Estimated DCF Value of PRAJIND stock is 193.6. Compared to the current market price of 779.20 INR, the PRAJIND stock is Overvalued by 75.2%.

As per the fundamental analysis of Praj Industries Limited (PRAJIND), it is of Economical quality in terms of earnings and profit margins with an EPS of 16.15. Praj Industries Limited book value per share as of today is 68.61. The current price to book ratio for PRAJIND as of Nov 23, 2024 is 11.36.


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


Peer Comparison of NSE: PRAJIND

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

Sector: Engineering - Heavy

Company Price EPS BV
PRAJIND 779.20 16.15 68.61
GMMPFAUDLR 1204.35 7.51 167.09
VARROC 506.65 28.36 59.59
ISGEC 1288.40 39.01 293.03
IRCON 187.56 9.03 61.37
GRSE 1375.30 33.59 146.09
ACE 1225.15 30.63 102.43
ELECON 560.95 12.72 60.05
KABRAEXTRU 468.85 10.21 128.78
TDPOWERSYS 450.05 8.72 44.89
Updated at: 22 Nov 2024 15:40

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