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Paras Petrofils Share Price Target 2024, 2025, 2026 to 2039 With Charts
Paras Petrofils Limited | |||
 | Symbol: PARASPETRO | ||
| Price: ₹3.26 | |||
| Exchange: NSE | |||
| Consumer Cyclical -> Textile Manufacturing | |||
Show Table of Contents
Table of Contents
- 1: Paras Petrofils Brief Company Overview
- 1.1: Company Overview: Paras Petrofils Limited
- 1.2: Paras Petrofils Financial Performance
- 1.2.1: Is Paras Petrofils A Good Buy For Long Term?
- 2: Approach 1: Technical Analysis Paired With Price Action
- 2.1: Paras Petrofils Share Price Target For 2024
- 2.1.1: Paras Petrofils Share Price Target Table For 2024
- 2.1.2: Summary: Paras Petrofils Share Price Prediction For 2024
- 2.2: Paras Petrofils Share Price Target For 2025
- 2.2.1: Paras Petrofils Share Price Target Table For 2025
- 2.2.2: Summary: Paras Petrofils Share Price Prediction For 2025
- 3: Approach 2: Machine Learning By Studying Historical Prices
- 3.1: Paras Petrofils Long Term Share Price Prediction Chart From 2024, 2025, 2026 to 2039
- 3.2: Paras Petrofils Share Price Target Table From 2024, 2025, 2026 to 2039
- 4: Paras Petrofils Past Performance
Paras Petrofils Brief Company Overview
Company Overview: Paras Petrofils Limited
Paras Petrofils Limited is an Indian company incorporated in 1991. Previously engaged in manufacturing nylon and polyester yarns and trading fabrics, the company currently has no significant operations.
Key Details:- Industry: Textile Manufacturing
- Incorporation: 1991
- Headquarters: Surat, India
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Paras Petrofils Financial Performance
| Metric | Value | Description |
|---|---|---|
| Market Capital | 111.96 Crore | Market valuation of Paras Petrofils's shares. |
| Net Income (TTM) | +56.5 Lakh | Net Profit or Loss after all the expenses over the past twelve months. |
| Earnings Growth (YOY Quarterly) | +166.3% | Change in earnings compared to the same quarter last year. |
| Total Cash | 1.29 Lakh | Total amount of liquid funds available to Paras Petrofils. |
| Beta | -1.1 | Beta is less than 1 indicating that the Paras Petrofils's price is less volatile than the market. |
Is Paras Petrofils A Good Buy For Long Term?
Paras Petrofils, with a market cap of INR 110.29 Crore, has shown impressive earnings growth of 166.3% year-over-year in Q3-2023-24. Its strong returns over various timeframes, including 266.66% in the past 12 months and 49.99% YTD, indicate a bullish trend. However, its negative returns over the past 3 and 5 years (-97.50% and -97.20%, respectively) suggest historical volatility. Based on the recent performance and positive earnings growth, Paras Petrofils could be considered an average buy for long-term investment, but investors should be aware of its historical volatility and proceed with caution.
To predict the Paras Petrofils's future market prices, we harnessed 2 dynamic approaches:
Approach 1: Technical Analysis Paired With Price Action
Approach 2: Machine Learning By Studying Historical Prices
Approach 1: Technical Analysis Paired With Price Action
Paras Petrofils Share Price Target For 2024
The line chart displays the monthly closing prices of Paras Petrofils with a black line. The green line shows three potential target prices for 2024, while the red line indicates three potential Stop Loss levels.
For detailed target and stop loss values for Paras Petrofils shares in 2024, see the table below.
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Paras Petrofils Share Price Target Table For 2024
| Paras Petrofils's Levels | Value | Reason/Importance |
|---|---|---|
| 2024 Target 3 | 3.47 (+6.44%) | Custom Fibonacci Extension Lvl 50% |
| 2024 Target 2 | 3.40 (+4.29%) | Price Action: 04 Oct 2024 High |
| 2024 Target 1 | 3.33 (+2.14%) | Price Action: 15 Oct 2024 High |
| Current Price | 3.26 | Paras Petrofils's 1 share price as of Thu 17 Oct 2024 |
| Stop Loss 1 | 3.23 (-0.93%) | Price Action: Chart |
| Stop Loss 2 | 3.19 (-2.15%) | Price Action: Oct 2024 Low |
| Stop Loss 3 | 3.15 (-3.38%) | Price Action: Feb 2024 High |
Summary: Paras Petrofils Share Price Prediction For 2024
In summary, Paras Petrofils has surged by ₹1.06, achieving a notable +48.18% increase from 1st January 2024 to 17 Oct 2024. Our analysis of Paras Petrofils for 2024 predicts an additional rise of 2.14% to 6.44% by the end of 2024 with three potential targets T1: 3.33, T2: 3.40, T3: 3.47. Stop Loss at SL1: 3.23, SL2: 3.19, SL3: 3.15.
Paras Petrofils has a 52-week high of ₹4.63, acting as a crucial resistance level - a ceiling that could challenge further price increase. Conversely, it has a 52-week low of ₹1.80, a critical support level - think of this as a safety net where the price might stop falling.
After looking at 2024's share price prediction, let's now check what 2025 might hold for Paras Petrofils.
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Paras Petrofils Share Price Target For 2025
The line chart displays the monthly closing prices of Paras Petrofils with a black line. The green line shows three potential target prices for 2025, while the red line indicates three potential Stop Loss levels.
For detailed target and stop loss values for Paras Petrofils shares in 2025, see the table below.
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Paras Petrofils Share Price Target Table For 2025
| Paras Petrofils's Levels | Value | Reason/Importance |
|---|---|---|
| 2025 Target 3 | 5.25 (+61.04%) | Price Action: Chart |
| 2025 Target 2 | 5.15 (+57.97%) | Price Action: Chart |
| 2025 Target 1 | 5.10 (+56.44%) | Custom Fibonacci Extension Lvl 64.9% |
| Current Price | 3.26 | Paras Petrofils's 1 share price as of Thu 17 Oct 2024 |
| Stop Loss 1 | 2.80 (-14.12%) | Price Action: Mar 2024 Low |
| Stop Loss 2 | 2.77 (-15.04%) | Price Action: Chart |
| Stop Loss 3 | 2.72 (-16.57%) | Price Action: Chart |
Summary: Paras Petrofils Share Price Prediction For 2025
In summary, Paras Petrofils has surged by ₹1.06, achieving a notable +48.18% increase from 1st January 2024 to 17 Oct 2024. Our analysis of Paras Petrofils for 2025 predicts an additional rise of 56.44% to 61.04% by the end of 2025 with three potential targets T1: 5.10, T2: 5.15, T3: 5.25. Stop Loss at SL1: 2.80, SL2: 2.77, SL3: 2.72.
Paras Petrofils has a All-Time high of ₹187.15, acting as a crucial resistance level - a ceiling that could challenge further price increase. Conversely, it has a 52-week low of ₹1.80, a critical support level - think of this as a safety net where the price might stop falling.
After looking at 2024's and 2025's share price prediction, you might wonder what are short term targets for Paras Petrofils, we have created a specific page for that check here: Paras Petrofils Share Price Target For Tomorrow & Next Week
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Approach 2: Machine Learning By Studying Historical Prices
Paras Petrofils Long Term Share Price Prediction Chart From 2024, 2025, 2026 to 2039
This chart presents a detailed projection of Paras Petrofils share price predictions from 2024, 2025, 2026 to 2039. This share price Prediction represents a CAGR of 20.53% over the next 15 years.
For complete year by year Paras Petrofils long term share price target from 2024, 2025 to 2039 check the below table.
Paras Petrofils Share Price Target Table From 2024, 2025, 2026 to 2039
| Year | Paras Petrofils Target | YoY Change % |
|---|---|---|
| 2024 | ₹3.26 | [Current Price] |
| 2024 | ₹5.46 | 67.48% |
| 2025 | ₹10.07 | 84.43% |
| 2026 | ₹14.81 | 47.07% |
| 2027 | ₹20.3 | 37.13% |
| 2028 | ₹23.93 | 17.82% |
| 2029 | ₹28.78 | 20.26% |
| 2030 | ₹33.27 | 15.6% |
| 2031 | ₹38.17 | 14.72% |
| 2032 | ₹44.66 | 17% |
| 2033 | ₹47.08 | 5.41% |
| 2034 | ₹52.1 | 10.66% |
| 2035 | ₹56.47 | 8.38% |
| 2036 | ₹61.53 | 8.96% |
| 2037 | ₹69.01 | 12.15% |
| 2038 | ₹70.22 | 1.75% |
| 2039 | ₹74.56 | 6.18% |
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Paras Petrofils Past Performance
- In 2012, Paras Petrofils opening price was ₹45.83
- As of Thu 17 Oct 2024 the price stands at ₹3.26.
- This represents a Compound Annual Growth Rate (CAGR) of -18.4%.
- In 12 years, an investment of 10,000 would have become ₹711.32.
As we wrap up, we hope you like our study on Paras Petrofils share price predictions, please kindly note that these forecasts are based on technical analysis, past trends, and machine learning models. They are for educational purposes only, not investment advice.
Show Methodology We Use
Methodology Behind the Prediction
The share price predictions present on our site are derived from a robust model that incorporates multiple economic indicators, technical indicators, company performance metrics, and industry-specific factors.
We have historical share price data of all stocks for which we present targets, so we analyse historical trends from those past data and overlay them with projected market conditions to estimate future share prices of a stock.
Disclaimer: Information is provided 'as is' and solely for informational and educational purposes, not for trading purposes or advice. We highly recommend to do your own research before making any investment.
