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Prakash Industries Limited
Share Price Target & Analysis

NSE:PRAKASH

161.23

VWAP

161.9

Open

160.94

Close

164.4

High

159.05

Low

237

52 Week High

162.71 ⇧
1.77 (1.1%)

PRAKASH

(DIVERSIFIED)
31.8% Momentum

Turnaround Potential

128.15

52 Week Low

19.56

EPS

29.52

PE

0.96

PB

Deluxe
Quality

Steel
Valuation

#Analysis

NSE: PRAKASH Share Price Financial Analysis & Valuation

Prakash Industries Limited (PRAKASH) is broadly categorized in DIVERSIFIED segment industry which deals in Diversified vertical. It is one of Small Cap company with Market Capitalization of Rs 1047.6 (in Cr). Total number of free float shares are 16.3 (in Lacs). Prakash Industries Limited is listed on NSE with Exchange ID - INE603A01013 and trading code is NSE:PRAKASH with short name Prakash Ind.

In the past 1 year, Prakash Industries Limited has declared an equity dividend of Rs 0 per share. At the current share price of PRAKASH at Rs 162.71, this results in a dividend yield of 0 %.

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

Quality of the Stock: As per the fundamental analysis of NSE:PRAKASH, it is clearly understood that PRAKASH is Deluxe performer in terms of earnings and profit margins with an EPS of 19.56. NSE:PRAKASH book value per share as of today is 168.85. The current price to book ratio for PRAKASH as of Nov 23, 2024 is 0.96.

Valuation of the Stock: The current valuation of PRAKASH stock is like Steel which means currently the stock is Moderately Priced. Now, it's totally depends upon the risk appetite of an investor and risk-reward ratio of PRAKASH whether to BUY this stock at current valuation. The delivery percentage of PRAKASH is 40.41% is very crucial parameter which shows that 40.41% investors are anticipating that the price of PRAKASH share should go up with VWAP at 161.23.

Now, the main question is whether to BUY or SELL, NSE:PRAKASH at current valuation.
As per latest Analysis No. #2224:-

⇑ STRONG BUY PRAKASH if All Greens

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

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

⇘ SELL PRAKASH if NO Green Indicator

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

(Prakash Industries Limited Daily Analysis on the basis of PRAKASH Intraday Graph & Trend)

Prakash Industries Limited share price moved Up by 1.1% from its previous close of Rs 160.94. PRAKASH stock last traded price is 162.71. PRAKASH share price trend is Up with a total of 501706 stocks traded till now. It has touched an intraday high of Rs 164.4 and an intraday low of Rs 159.05. The PRAKASH trading at 162.71, Up by Rs. 1.77, or 1.1 percent which suggests that most of the Traders are anticipating that the price of PRAKASH share should go Up.

NSE: PRAKASH Share Price Tomorrow Prediction

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

Prakash Industries Limited share price moved Up by 1.1%. PRAKASH share price short term trend is Up. It suggests that PRAKASH Share Price for Tomorrow remains the same with VWAP at 161.23 will be treated as stop loss for intraday traders. Prakash Industries Limited Long term investors can follow the PRAKASH long term trend as mentiond in future forecast table.

NSE Code

NSE: PRAKASH

PRAKASH Share Price Today

 162.71

PRAKASH Share Price Target Prediction for 2024 ^

 134.4 - 193.9

PRAKASH Share Price Target Prediction for 2025*^

 193.9 - 253.7

PRAKASH Share Price Target Prediction for 2026*^

 253.7 - 271.5

PRAKASH Share Price Target Prediction for 2027*^

 285

PRAKASH Share Price Target Prediction for 2028*^

 293

PRAKASH Share Price Target Prediction for 2030*^

 320
PRAKASH Current Book Value 2023
168

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

PRAKASH Technical Analysis

Candlestick Pattern: @169.49

PRAKASH Moving Averages

BUY (5) NEUTRAL (0) SELL (9)
MA Simple Action S1 Expo Action E2
MA_5 171.73 SELL 170.83 SELL
MA_12 168.7 BUY 169.2 BUY
MA_20 165.39 BUY 169.09 BUY
MA_32 168.38 BUY 171.54 SELL
MA_50 176.4 SELL 174.63 SELL
MA_100 185.09 SELL 178.23 SELL
MA_200 179.48 SELL 172.94 SELL

PRAKASH Trend Oscillators

BUY (3) NEUTRAL (0) SELL (1)
Trend Oscillators Value Action
Bollinger Bands 165.39 Uptrend
MACD 1.67 BUY
ADX 29.72 Strong Trend
DMI (+/-) 14.44 / 17.57 Downtrend

PRAKASH Momentum Oscillators

BUY (1) NEUTRAL (9) SELL (2)
Momentum Oscillators Value Action
RSI 49.25 Neutral
STOCHASTIC_K (Fast) 29.36 Neutral
STOCHASTIC_D (Slow) 46.49 Neutral
CCI 52.19 Neutral
PSAR 167.72 BUY
TRUE RANGE 8.18 Neutral
ATR 7.56 Neutral
WILLIAMS R -29.4 Neutral
TRIX 0 Neutral
STOCHASTIC RSI K 0 Oversold
STOCHASTIC RSI D 29.31 Neutral
MOMENTUM -1.09 SELL

PRAKASH Last 1 Year Trend

Duration Value
1 Year 5.96%
3 Months -5.27%
1 Month -0.64%
1 Week -0.66%

PRAKASH Technical Analysis Summary

Updated on 2024-11-14
Action Overall (%)
BUY 30%
NEUTRAL / HOLD 30%
SELL 40%

Most popular Questions & Answers about PRAKASH


Prakash Industries Limited stock last traded price is 162.71. PRAKASH share price moved Up by 1.1% from its previous close of Rs 160.94.

Prakash Industries Limited share price trend is Up with a total of 501706 stocks traded till now. It has touched an intraday high of Rs 239.37 and an intraday low of Rs 159.05. The PRAKASH trading at 162.71, Up by Rs. 1.77, or 1.1 percent which suggests that most of the Traders are anticipating that the price of PRAKASH share should go Up and the Stop Loss will be around 161.23.

The market cap of Prakash Industries Limited is ₹1047.6 (in Cr) as of Nov 22, 2024.

The current price to earning ratio for Prakash Industries Limited as of Nov 22, 2024 is 29.52.

The current price to book ratio for Prakash Industries Limited as of Nov 22, 2024 is 0.96.

The highest price of Prakash Industries Limited stock is ₹237 in the last 52-week.

The lowest price of Prakash Industries Limited stock is ₹128.15 in the last 52-week.

Prakash Industries Limited share trading at ₹162.71, Up by Rs. 1.77, or 1.1 percent which suggests that most of the traders are anticipating that the price of PRAKASH share should go Up.

In 2023, Stock price target for Prakash Industries Limited (PRAKASH) are ₹134.4 on downside and ₹193.9 on upside. Prakash Industries Limited share price target is based on current financial year earings of the company.

In 2024, Stock price target for Prakash Industries Limited (PRAKASH) are ₹193.9 on downside and ₹253.7 on upside. Prakash Industries Limited share price target is based on forecasted future earnings of the company.

In 2025, Stock price target for Prakash Industries Limited (PRAKASH) are ₹253.7 on downside and ₹271.5 on upside. Prakash 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 Prakash Industries Limited (PRAKASH) will be around ₹293 Prakash Industries Limited share price target is based on market scenario & growth assumptions, they might change subject to market sentiments and forecasted future earnings of PRAKASH.

The price of Prakash Industries Limited (PRAKASH) shares moved by 1.1%. The short-term trend for PRAKASH share price is Up. It implies that the share price of PRAKASH will stay the same tomorrow and that intraday traders should treat VWAP at 161.23 as a stop loss. Investors with a long-term outlook can track PRAKASH long-term trajectory, which is indicated in the future forecast table.

Estimated DCF Value of PRAKASH stock is 234.5. Compared to the current market price of 162.71 INR, the PRAKASH stock is Undervalued by 30.6%.

As per the fundamental analysis of Prakash Industries Limited (PRAKASH), it is of Deluxe quality in terms of earnings and profit margins with an EPS of 19.56. Prakash Industries Limited book value per share as of today is 168.85. The current price to book ratio for PRAKASH as of Nov 23, 2024 is 0.96.


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


Peer Comparison of NSE: PRAKASH

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

Sector: Diversified

Company Price EPS BV
ITC 474.00 16.46 57.74
GRASIM 2591.00 6.93 778.43
DCMSRIND 1250.55 31.6 421.72
SRF 2163.25 39.64 354.65
VOLTAS 1653.40 22.23 226.62
STARHEALTH 459.70 14.67 108.69
DIL 6.00 0.24 13.2
3MINDIA 30685.50 502.5 2104.02
GICRE 378.85 40.23 296.37
IEX 163.11 4.31 10.63
Updated at: 22 Nov 2024 15:48

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SITEMAP 2210
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