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Prakash Industries Limited
Share Price Target & Analysis

NSE:PRAKASH

162.26

VWAP

160.90

Open

159.3

Close

165.00

High

158.25

Low

223.60

52 Week High

163.05 ⇧
3.75 (2.35%)

PRAKASH

(DIVERSIFIED)
63.9% Momentum

Sideways to Positive

56.10

52 Week Low

17.72

EPS

22.61

PE

0.99

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 163.05, 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 17.72. NSE:PRAKASH book value per share as of today is 164.94. The current price to book ratio for PRAKASH as of May 15, 2024 is 0.99.

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 52.80% is very crucial parameter which shows that 52.80% investors are anticipating that the price of PRAKASH share should go up with VWAP at 162.26.

Now, the main question is whether to BUY or SELL, NSE:PRAKASH at current valuation.
As per latest Analysis No. #1914:-

⇑ 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 (May 15, 2024)

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

Prakash Industries Limited share price moved Up by 2.35% from its previous close of Rs 159.3. PRAKASH stock last traded price is 163.05. PRAKASH share price trend is Up with a total of 372268 stocks traded till now. It has touched an intraday high of Rs 165.00 and an intraday low of Rs 158.25. The PRAKASH trading at 163.05, Up by Rs. 3.75, or 2.35 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 2.35%. PRAKASH share price short term trend is Up. It suggests that PRAKASH Share Price for Tomorrow remains the same with VWAP at 162.26 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

 163.05

PRAKASH Share Price Target Prediction for 2024 ^

 134.9 - 224.7

PRAKASH Share Price Target Prediction for 2025*^

 224.7 - 239.4

PRAKASH Share Price Target Prediction for 2026*^

 239.4 - 256.2

PRAKASH Share Price Target Prediction for 2027*^

 269

PRAKASH Share Price Target Prediction for 2028*^

 277

PRAKASH Share Price Target Prediction for 2030*^

 302
PRAKASH Current Book Value 2023
164.1

*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: @163.05

PRAKASH Moving Averages

BUY (5) NEUTRAL (0) SELL (9)
MA Simple Action S1 Expo Action E2
MA_5 157.03 BUY 159.65 BUY
MA_12 164.2 SELL 162.45 BUY
MA_20 165.81 SELL 164.12 SELL
MA_32 168.43 SELL 166.03 SELL
MA_50 164.53 SELL 167.54 SELL
MA_100 175.73 SELL 167.56 SELL
MA_200 156.99 BUY 151.45 BUY

PRAKASH Trend Oscillators

BUY (0) NEUTRAL (1) SELL (3)
Trend Oscillators Value Action
Bollinger Bands 165.81 Downtrend
MACD -1.12 SELL
ADX 13.89 NO or Weak Trend
DMI (+/-) 22.22 / 23.29 Downtrend

PRAKASH Momentum Oscillators

BUY (2) NEUTRAL (8) SELL (2)
Momentum Oscillators Value Action
RSI 47.79 Neutral
STOCHASTIC_K (Fast) 81.31 Overbought
STOCHASTIC_D (Slow) 48.61 Neutral
CCI -31.23 Neutral
PSAR 172.27 SELL
TRUE RANGE 6.75 Neutral
ATR 7.11 Neutral
WILLIAMS R -56.94 Neutral
TRIX 0 Neutral
STOCHASTIC RSI K 100 Overbought
STOCHASTIC RSI D 66.67 Neutral
MOMENTUM -11.75 SELL

PRAKASH Last 1 Year Trend

Duration Value
1 Year 184.55%
3 Months -22.28%
1 Month -6.72%
1 Week 1.53%

PRAKASH Technical Analysis Summary

Updated on 2024-05-15
Action Overall (%)
BUY 23%
NEUTRAL / HOLD 30%
SELL 47%

Most popular Questions & Answers about PRAKASH


Prakash Industries Limited stock last traded price is 163.05. PRAKASH share price moved Up by 2.35% from its previous close of Rs 159.3.

Prakash Industries Limited share price trend is Up with a total of 372268 stocks traded till now. It has touched an intraday high of Rs 225.836 and an intraday low of Rs 158.25. The PRAKASH trading at 163.05, Up by Rs. 3.75, or 2.35 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 162.26.

The market cap of Prakash Industries Limited is ₹1047.6 (in Cr) as of May 14, 2024.

The current price to earning ratio for Prakash Industries Limited as of May 14, 2024 is 22.61.

The current price to book ratio for Prakash Industries Limited as of May 14, 2024 is 0.99.

The highest price of Prakash Industries Limited stock is ₹223.60 in the last 52-week.

The lowest price of Prakash Industries Limited stock is ₹56.10 in the last 52-week.

Prakash Industries Limited share trading at ₹163.05, Up by Rs. 3.75, or 2.35 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 ₹134.9 on downside and ₹224.7 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 ₹224.7 on downside and ₹239.4 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 ₹239.4 on downside and ₹256.2 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 ₹277 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.

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 17.72. Prakash Industries Limited book value per share as of today is 164.94. The current price to book ratio for PRAKASH as of May 15, 2024 is 0.99.


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 427.80 16.41 54.15
GRASIM 2369.70 22.29 765.03
DCMSRIND 994.20 27.33 421.72
SRF 2290.00 46.35 354.65
VOLTAS 1303.45 18.26 226.62
STARHEALTH 542.75 14.44 107.5
DIL 8.10 0 11.38
3MINDIA 28619.05 442.34 1729.1
GICRE 341.00 36.59 239.27
IEX 145.55 3.69 8.8
Updated at: 15 May 2024 15:48

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