Select Page

Home / Share Price Target / Penind

Pennar Industries Share Price Target 2024, 2025, 2026 to 2039 With Charts

Pennar Industries Limited

Company LogoSymbol: PENIND
Price: ₹177.23
Exchange: NSE
Industrials -> Specialty Industrial Machinery
Show Table of Contents

Pennar Industries Brief Company Overview

Pennar Industries Limited: A Leading Engineering Company

Pennar Industries Limited is a prominent engineering company established in 1975. Headquartered in Hyderabad, India, the company operates both domestically and internationally, offering a comprehensive range of products and services.

Known for its reputation in the industry, Pennar Industries has a diverse product portfolio that includes:

  • Engineered components: Automotive, white goods, hydraulic cylinders, precision sub-assembly parts
  • Precision tubes: Electric resistance welding, bicycle frames, engineering, heat exchangers, transformer tubes
  • Railway and passenger coaches
  • Steel products: Cold rolled steel strips, steel profiles
  • Building components: Roofing sheets, decking profiles, metal crash barriers
  • Solar module mounting structures
  • Aerospace components
  • Industrial boilers
  • Water treatment solutions
  • Structural engineering and design services

Pennar Industries is committed to innovation and offers value-added solutions, including building information modeling, plant engineering, and digital consultancy. With a strong presence in various industries, the company has established itself as a reliable partner for engineering needs.


Advertisement

Pennar Industries Financial Performance

MetricValueDescription
Market Capital1,831.89 CroreMarket valuation of Pennar Industries's shares.
Revenue (TTM)2,976.2 CroreTotal revenue generated by Pennar Industries over the past twelve months.
Net Income (TTM)+93.07 CroreNet Profit or Loss after all the expenses over the past twelve months.
Operating Margin7.84%Income from operations as a percentage of revenue, before taxes and interest.
Profit Margin3.12%Net income as a percentage of revenue, after all expenses.
Revenue Growth
(Quarterly)
+7.6%Change in revenue compared to the previous quarter.
Earnings Growth
(YOY Quarterly)
+19%Change in earnings compared to the same quarter last year.
Debt-to-Equity
(D/E) Ratio
89.35Company's total debt divided by total shareholder equity.
Total Debt736.31 CroreSum of Pennar Industries's current & long-term financial obligations.
Total Cash185.11 CroreTotal amount of liquid funds available to Pennar Industries.
Beta0.17Beta is less than 1 indicating that the Pennar Industries's price is less volatile than the market.

Is Pennar Industries A Good Buy For Long Term?

Pennar Industries exhibits potential as a long-term investment. Over the past five years, it has yielded impressive returns of 302.85%, showcasing its consistent growth trajectory. With a healthy profit margin of 3.12% and a steady revenue stream, the company demonstrates financial stability. Although it has some debt, its cash balance provides a cushion, reducing concerns about liquidity. Prudent investors seeking long-term capital appreciation may consider adding Pennar Industries to their portfolio.

To predict the Pennar Industries'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

Pennar Industries Share Price Target For 2024

Pennar Industries Targets For 2024 Chart

The line chart displays the monthly closing prices of Pennar Industries 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 Pennar Industries shares in 2024, see the table below.

Advertisement

Pennar Industries Share Price Target Table For 2024

Pennar Industries's LevelsValueReason/Importance
2024 Target 3182.75 (+3.11%)Price Action: 28 Oct 2024 Low
2024 Target 2180.93 (+2.08%)Custom Fibonacci Extension Lvl 50%
2024 Target 1178.97 (+0.98%)Custom Fibonacci Extension Lvl 23.6%
Current Price177.23Pennar Industries's 1 share price as of Thu 14 Nov 2024
Stop Loss 1176.68 (-0.32%)Fibonacci Retracement Level 38.2%
Stop Loss 2174.19 (-1.72%)Fibonacci Retracement Level 71.8%
Stop Loss 3172.21 (-2.84%)Fibonacci Retracement Level 98.6%

Summary: Pennar Industries Share Price Prediction For 2024

In summary, Pennar Industries has surged by ₹52.53, achieving a notable +42.13% increase from 1st January 2024 to 14 Nov 2024. Our analysis of Pennar Industries for 2024 predicts an additional rise of 0.98% to 3.11% by the end of 2024 with three potential targets T1: 178.97, T2: 180.93, T3: 182.75. Stop Loss at SL1: 176.68, SL2: 174.19, SL3: 172.21.

Pennar Industries has a 52-week high of ₹215.00, acting as a crucial resistance level - a ceiling that could challenge further price increase. Conversely, it has a 52-week low of ₹102.10, 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 Pennar Industries.

Stay ahead of the market! Get instant alerts on crucial market breakouts. Don't miss out on key opportunities!

Join our WhatsApp group

Join our Telegram group

Your phone number will be HIDDEN to other users.

Pennar Industries Share Price Target For 2025

Pennar Industries Targets For 2025 Chart

The line chart displays the monthly closing prices of Pennar Industries 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 Pennar Industries shares in 2025, see the table below.

Advertisement

Pennar Industries Share Price Target Table For 2025

Pennar Industries's LevelsValueReason/Importance
2025 Target 3249.74 (+40.91%)Price Action: Chart
2025 Target 2245.08 (+38.28%)Fibonacci Extension Level 150%
2025 Target 1239.63 (+35.2%)Custom Fibonacci Extension Lvl 64.9%
Current Price177.23Pennar Industries's 1 share price as of Thu 14 Nov 2024
Stop Loss 1158.40 (-10.63%)Technical Indicator: MA200
Stop Loss 2156.80 (-11.53%)Price Action: Jan 2024 High
Stop Loss 3153.98 (-13.12%)Price Action: Chart

Summary: Pennar Industries Share Price Prediction For 2025

In summary, Pennar Industries has surged by ₹52.53, achieving a notable +42.13% increase from 1st January 2024 to 14 Nov 2024. Our analysis of Pennar Industries for 2025 predicts an additional rise of 35.2% to 40.91% by the end of 2025 with three potential targets T1: 239.63, T2: 245.08, T3: 249.74. Stop Loss at SL1: 158.40, SL2: 156.80, SL3: 153.98.

Pennar Industries has a All-Time high of ₹215.00, acting as a crucial resistance level - a ceiling that could challenge further price increase. Conversely, it has a 52-week low of ₹102.10, 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 Pennar Industries, we have created a specific page for that check here: Pennar Industries Share Price Target For Tomorrow & Next Week

Stay ahead of the market! Get instant alerts on crucial market breakouts. Don't miss out on key opportunities!

Join our WhatsApp group

Join our Telegram group

Your phone number will be HIDDEN to other users.

Approach 2: Machine Learning By Studying Historical Prices

Pennar Industries Long Term Share Price Prediction Chart From 2024, 2025, 2026 to 2039

Pennar Industries Targets Chart 2024, 2025, 2026 to 2039

This chart presents a detailed projection of Pennar Industries share price predictions from 2024, 2025, 2026 to 2039. This share price Prediction represents a CAGR of 15.26% over the next 15 years.

For complete year by year Pennar Industries long term share price target from 2024, 2025 to 2039 check the below table.

Pennar Industries Share Price Target Table From 2024, 2025, 2026 to 2039

YearPennar Industries TargetYoY Change %
2024₹177.23[Current Price]
2024₹198.3911.93%
2025₹295.7749.09%
2026₹423.4343.15%
2027₹539.2827.35%
2028₹677.5925.64%
2029₹637.4-5.94%
2030₹749.4917.58%
2031₹920.4722.81%
2032₹1,051.9514.28%
2033₹1,218.8315.86%
2034₹1,076.4-11.69%
2035₹1,203.2111.78%
2036₹1,417.5117.81%
2037₹1,564.6110.37%
2038₹1,760.0812.49%
2039₹1,447.98-17.74%

Stay ahead of the market! Get instant alerts on crucial market breakouts. Don't miss out on key opportunities!

Join our WhatsApp group

Join our Telegram group

Your phone number will be HIDDEN to other users.

Pennar Industries Past Performance

PENIND main
Pennar Industries has been listed on NSE for more than 34 years.
  • In 1990, Pennar Industries opening price was ₹16.07
  • As of Thu 14 Nov 2024 the price stands at ₹177.23.
  • This represents a Compound Annual Growth Rate (CAGR) of 7.1%.
  • In 34 years, an investment of 10,000 would have become ₹1.1 Lakh.

As we wrap up, we hope you like our study on Pennar Industries 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.

For more insights into Pennar Industries Limited, explore these additional resources:-

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.

About The Author

Nippun

Hi, I’m Nippun, a tech enthusiast from Haryana, India. I have been coding since 2010 and using my coding skills in the share market since 2020. I have been coding scripts in Pinescript that work on Tradingview app/web. I love learning about new technology and applying it to solve real-world problems. Coding and share-market are my passions, and I enjoy finding and fixing bugs in code. I aim to share my skill set and experience that can positively impact society. Feel free to connect with me, and let’s learn from each other. My Twitter