Palred Technologies Limited
Share Price Target & Analysis
NSE:PALREDTEC
VWAP
Open
Close
High
Low
52 Week High
2.40 (2.05%)
PALREDTEC
(IT)Watch Carefully
52 Week Low
EPS
PE
PB
Economical
Quality
Diamond
Valuation
#Analysis
NSE: PALREDTEC Share Price Financial Analysis & Valuation
Palred Technologies Limited (PALREDTEC) is broadly categorized in IT segment industry which deals in Computers - Software Medium & Small vertical.
It is one of Micro Cap company with Market Capitalization of Rs 295.7 (in Cr). Total number of free float shares are 0 (in Lacs).
Palred Technologies Limited is listed on NSE with Exchange ID - INE218G01033 and trading code is NSE:PALREDTEC with short name Palred Tech.
In the past 1 year, Palred Technologies Limited has declared an equity dividend of Rs 0 per share. At the current share price of PALREDTEC at Rs 119.65, this results in a dividend yield of 0 %.
As per the Fundamental Analysis of NSE:PALREDTEC, which uses revenues, earnings, future growth, financial ratios, return on equity, profit margins, and other data to determine PALREDTEC underlying value and future prospects. All of this data is available in PALREDTEC financial statements.
Quality of the Stock: As per the fundamental analysis of NSE:PALREDTEC, it is clearly understood that PALREDTEC is Economical performer in terms of earnings and profit margins with an EPS of 2.16. NSE:PALREDTEC book value per share as of today is 52.88. The current price to book ratio for PALREDTEC as of May 16, 2024 is 2.26.
Valuation of the Stock: The current valuation of PALREDTEC stock is like Diamond which means currently the stock is Very Expensive. Now, it's totally depends upon the risk appetite of an investor and risk-reward ratio of PALREDTEC whether to BUY this stock at current valuation. The delivery percentage of PALREDTEC is 55.47% is very crucial parameter which shows that 55.47% investors are anticipating that the price of PALREDTEC share should go up with VWAP at 118.94.
Now, the main question is whether to BUY or SELL, NSE:PALREDTEC at current valuation.
As per latest Analysis No. #230:-
⇑ STRONG BUY PALREDTEC if All Greens
⇗ BUY PALREDTEC (at Lower Levels) if any 2 Greens
⇒ NEUTRAL or HOLD PALREDTEC (With Stop Loss) if only 1 Green
⇘ SELL PALREDTEC if NO Green Indicator
NSE: PALREDTEC Share Price Today (May 16, 2024)
(Palred Technologies Limited Daily Analysis on the basis of PALREDTEC Intraday Graph & Trend)
Palred Technologies Limited share price moved Up by 2.05% from its previous close of Rs 117.25. PALREDTEC stock last traded price is 119.65. PALREDTEC share price trend is Up with a total of 18114 stocks traded till now. It has touched an intraday high of Rs 121.75 and an intraday low of Rs 117.10. The PALREDTEC trading at 119.65, Up by Rs. 2.40, or 2.05 percent which suggests that most of the Traders are anticipating that the price of PALREDTEC share should go Up.
NSE: PALREDTEC Share Price Tomorrow Prediction
(Palred Technologies Limited Share Price Prediction for Tomorrow & future forecast is based on Current Trend of PALREDTEC)
Palred Technologies Limited share price moved Up by 2.05%. PALREDTEC share price short term trend is Up. It suggests that PALREDTEC Share Price for Tomorrow remains the same with VWAP at 118.94 will be treated as stop loss for intraday traders. Palred Technologies Limited Long term investors can follow the PALREDTEC long term trend as mentiond in future forecast table.
NSE Code |
NSE: PALREDTEC |
PALREDTEC Share Price Today |
119.65 |
PALREDTEC Share Price Target Prediction for 2024 ^ |
120.7 - 183.3 |
PALREDTEC Share Price Target Prediction for 2025*^ |
183.3 - 246.2 |
PALREDTEC Share Price Target Prediction for 2026*^ |
246.2 - 263.4 |
PALREDTEC Share Price Target Prediction for 2027*^ |
277 |
PALREDTEC Share Price Target Prediction for 2028*^ |
285 |
PALREDTEC Share Price Target Prediction for 2030*^ |
310 |
PALREDTEC Current Book Value 2023 |
52.6 |
*Palred Technologies Limited Short Term & Long Term share price target is based on current financial year earings of the company.
^PALREDTEC 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.
PALREDTEC Technical Analysis
Candlestick Pattern: @119.65MA | Simple | Action S1 | Expo | Action E2 |
---|---|---|---|---|
MA_5 | 118.42 | BUY | 119.55 | BUY |
MA_12 | 125.84 | SELL | 123.86 | SELL |
MA_20 | 127.78 | SELL | 126.7 | SELL |
MA_32 | 131.1 | SELL | 132.11 | SELL |
MA_50 | 135.58 | SELL | 138.07 | SELL |
MA_100 | 160.26 | SELL | 147.61 | SELL |
MA_200 | 159.29 | SELL | 153.86 | SELL |
Trend Oscillators | Value | Action |
---|---|---|
Bollinger Bands | 127.78 | Downtrend |
MACD | -0.76 | SELL |
ADX | 25.32 | Strong Trend |
DMI (+/-) | 12.15 / 23.56 | Downtrend |
Momentum Oscillators | Value | Action |
---|---|---|
RSI | 33.99 | Neutral |
STOCHASTIC_K (Fast) | 40.18 | Neutral |
STOCHASTIC_D (Slow) | 22.47 | Neutral |
CCI | -79.01 | Neutral |
PSAR | 128.57 | SELL |
TRUE RANGE | 4.65 | Neutral |
ATR | 6.14 | Neutral |
WILLIAMS R | -81.86 | Oversold |
TRIX | 0 | Neutral |
STOCHASTIC RSI K | 100 | Overbought |
STOCHASTIC RSI D | 35.08 | Neutral |
MOMENTUM | -17.5 | SELL |
Duration | Value |
---|---|
1 Year | -10% |
3 Months | -42.83% |
1 Month | -12.76% |
1 Week | -1.97% |
Action | Overall (%) |
---|---|
BUY | 13% |
NEUTRAL / HOLD | 27% |
SELL | 60% |
Most popular Questions & Answers about PALREDTEC
Palred Technologies Limited stock last traded price is 119.65. PALREDTEC share price moved Up by 2.05% from its previous close of Rs 117.25.
Palred Technologies Limited share price trend is Up with a total of 18114 stocks traded till now. It has touched an intraday high of Rs 232.3 and an intraday low of Rs 117.10. The PALREDTEC trading at 119.65, Up by Rs. 2.40, or 2.05 percent which suggests that most of the Traders are anticipating that the price of PALREDTEC share should go Up and the Stop Loss will be around 118.94.
The market cap of Palred Technologies Limited is ₹295.7 (in Cr) as of May 15, 2024.
The current price to earning ratio for Palred Technologies Limited as of May 15, 2024 is 31.12.
The current price to book ratio for Palred Technologies Limited as of May 15, 2024 is 2.26.
The highest price of Palred Technologies Limited stock is ₹230.00 in the last 52-week.
The lowest price of Palred Technologies Limited stock is ₹115.10 in the last 52-week.
Palred Technologies Limited share trading at ₹119.65, Up by Rs. 2.40, or 2.05 percent which suggests that most of the traders are anticipating that the price of PALREDTEC share should go Up.
In 2023, Stock price target for Palred Technologies Limited (PALREDTEC) are ₹120.7 on downside and ₹183.3 on upside. Palred Technologies Limited share price target is based on current financial year earings of the company.
In 2024, Stock price target for Palred Technologies Limited (PALREDTEC) are ₹183.3 on downside and ₹246.2 on upside. Palred Technologies Limited share price target is based on forecasted future earnings of the company.
In 2025, Stock price target for Palred Technologies Limited (PALREDTEC) are ₹246.2 on downside and ₹263.4 on upside. Palred Technologies 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 Palred Technologies Limited (PALREDTEC) will be around ₹285 Palred Technologies Limited share price target is based on market scenario & growth assumptions, they might change subject to market sentiments and forecasted future earnings of PALREDTEC.
As per the fundamental analysis of Palred Technologies Limited (PALREDTEC), it is of Economical quality in terms of earnings and profit margins with an EPS of 2.16. Palred Technologies Limited book value per share as of today is 52.88. The current price to book ratio for PALREDTEC as of May 16, 2024 is 2.26.
NSE:PALREDTEC News & Other Useful Information about PALREDTEC Share Price
Peer Comparison of NSE: PALREDTEC
The Peers list includes companies operating in the same industry and having comparable market cap.
Sector: Computers - Software Medium & Small
Company | Price | EPS | BV |
---|---|---|---|
AURUM | 151.60 | 0 | 60.46 |
TANLA | 898.85 | 11.35 | 42.19 |
BCG | 12.25 | 0.09 | 7.8 |
BSOFT | 612.45 | 10.82 | 44.23 |
FSL | 195.15 | 4.59 | 34.59 |
SONATSOFTW | 527.85 | 12.79 | 21.93 |
ECLERX | 2302.45 | 75.28 | 236.58 |
VAKRANGEE | 25.70 | 0.04 | 25.5 |
RSYSTEMS | 425.10 | 14.57 | 40.81 |
DATAMATICS | 544.95 | 14.62 | 130.08 |