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Prakash Pipes Share Price Target 2024, 2025, 2026 to 2039 With Charts

Prakash Pipes Limited

Company LogoSymbol: PPL
Price: ₹641.79
Exchange: NSE
Industrials -> Building Products & Equipment
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Prakash Pipes Brief Company Overview

Prakash Pipes Limited: Overview

About Prakash Pipes Limited

Prakash Pipes Limited, founded in 1981, is a prominent manufacturer and supplier of PVC pipes, fittings, and packaging solutions in India and globally. The company's diverse product portfolio caters to various applications.

Key Products and Services

  • uPVC and casing pipes
  • Plumbing and column pipes
  • Soil waste rain pipes
  • uPVC fittings
  • Flexible packaging products

Market Presence

Prakash Pipes has established a strong market presence in India and international markets, supplying its products under the Prakash brand name.

Commitment to Quality

The company is committed to delivering high-quality products and services to meet the needs of its customers in various industries.


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Prakash Pipes Financial Performance

MetricValueDescription
Market Capital888.92 CroreMarket valuation of Prakash Pipes's shares.
Revenue (TTM)660.51 CroreTotal revenue generated by Prakash Pipes over the past twelve months.
Net Income (TTM)+84.04 CroreNet Profit or Loss after all the expenses over the past twelve months.
Operating Margin17.33%Income from operations as a percentage of revenue, before taxes and interest.
Profit Margin12.72%Net income as a percentage of revenue, after all expenses.
Revenue Growth
(Quarterly)
-8%Change in revenue compared to the previous quarter.
Earnings Growth
(YOY Quarterly)
+72.3%Change in earnings compared to the same quarter last year.
Debt-to-Equity
(D/E) Ratio
8.85Company's total debt divided by total shareholder equity.
Total Debt28.06 CroreSum of Prakash Pipes's current & long-term financial obligations.
Total Cash141.04 CroreTotal amount of liquid funds available to Prakash Pipes.
Beta1.37Beta is greater than 1 indicating that the Prakash Pipes's price is more volatile than the market.

Is Prakash Pipes A Good Buy For Long Term?

Prakash Pipes, with a market capitalization of 971.44 Crore, has shown strong financial performance with a 72.3% increase in earnings year-over-year. While the company has a moderate debt of 28.06 Crore, it also maintains a substantial cash balance of 141.04 Crore. Considering its impressive past returns, including a 162.19% return over the past 12 months, Prakash Pipes appears to be a promising long-term investment. Its current valuation and growth trajectory make it an average buy for long-term investors seeking capital appreciation.

To predict the Prakash Pipes'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

Prakash Pipes Share Price Target For 2024

Prakash Pipes Targets For 2024 Chart

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

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Prakash Pipes Share Price Target Table For 2024

Prakash Pipes's LevelsValueReason/Importance
2024 Target 3694.90 (+8.27%)Fibonacci Extension Level 123.6%
2024 Target 2676.90 (+5.47%)Custom Fibonacci Extension Lvl 23.6%
2024 Target 1667.95 (+4.07%)Price Action: 05 Sep 2024 High
Current Price641.79Prakash Pipes's 1 share price as of Fri 06 Sep 2024
Stop Loss 1624.90 (-2.64%)Price Action: 26 Aug 2024 High
Stop Loss 2617.00 (-3.87%)Price Action: 29 Aug 2024 Low
Stop Loss 3602.95 (-6.06%)Fibonacci Retracement Level 38.2%

Summary: Prakash Pipes Share Price Prediction For 2024

In summary, Prakash Pipes has surged by ₹244.64, achieving a notable +61.60% increase from 1st January 2024 to 06 Sep 2024. Our analysis of Prakash Pipes for 2024 predicts an additional rise of 4.07% to 8.27% by the end of 2024 with three potential targets T1: 667.95, T2: 676.90, T3: 694.90. Stop Loss at SL1: 624.90, SL2: 617.00, SL3: 602.95.

Prakash Pipes has a 52-week high of ₹667.95, acting as a crucial resistance level - a ceiling that could challenge further price increase. Conversely, it has a 52-week low of ₹248.10, 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 Prakash Pipes.

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Prakash Pipes Share Price Target For 2025

Prakash Pipes Targets For 2025 Chart

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

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Prakash Pipes Share Price Target Table For 2025

Prakash Pipes's LevelsValueReason/Importance
2025 Target 3987.27 (+53.83%)Price Action: Chart
2025 Target 2968.86 (+50.96%)Price Action: Chart
2025 Target 1959.27 (+49.46%)Custom Fibonacci Extension Lvl 64.9%
Current Price641.79Prakash Pipes's 1 share price as of Fri 06 Sep 2024
Stop Loss 1566.00 (-11.81%)Price Action: 21 Aug 2024 Low
Stop Loss 2555.00 (-13.53%)Price Action: 19 Aug 2024 Low
Stop Loss 3545.01 (-15.08%)Price Action: Chart

Summary: Prakash Pipes Share Price Prediction For 2025

In summary, Prakash Pipes has surged by ₹244.64, achieving a notable +61.60% increase from 1st January 2024 to 06 Sep 2024. Our analysis of Prakash Pipes for 2025 predicts an additional rise of 49.46% to 53.83% by the end of 2025 with three potential targets T1: 959.27, T2: 968.86, T3: 987.27. Stop Loss at SL1: 566.00, SL2: 555.00, SL3: 545.01.

Prakash Pipes has a All-Time high of ₹667.95, acting as a crucial resistance level - a ceiling that could challenge further price increase. Conversely, it has a 52-week low of ₹248.10, 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 Prakash Pipes, we have created a specific page for that check here: Prakash Pipes Share Price Target For Tomorrow & Next Week

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Approach 2: Machine Learning By Studying Historical Prices

Prakash Pipes Long Term Share Price Prediction Chart From 2024, 2025, 2026 to 2039

Prakash Pipes Targets Chart 2024, 2025, 2026 to 2039

This chart presents a detailed projection of Prakash Pipes share price predictions from 2024, 2025, 2026 to 2039. This share price Prediction represents a CAGR of 16.51% over the next 15 years.

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

Prakash Pipes Share Price Target Table From 2024, 2025, 2026 to 2039

YearPrakash Pipes TargetYoY Change %
2024₹641.79[Current Price]
2024₹674.165.04%
2025₹1,028.7652.59%
2026₹1,266.9823.15%
2027₹1,578.8624.61%
2028₹1,843.6616.77%
2029₹2,350.327.48%
2030₹2,737.0816.45%
2031₹2,846.353.99%
2032₹3,154.2510.81%
2033₹3,377.227.06%
2034₹4,026.4519.22%
2035₹4,445.3910.4%
2036₹4,425.72-0.45%
2037₹4,729.646.86%
2038₹4,910.783.82%
2039₹5,726.6416.61%

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Prakash Pipes Past Performance

PPL main
Prakash Pipes has been listed on NSE for more than 5 years.
  • In 2019, Prakash Pipes opening price was ₹87
  • As of Fri 06 Sep 2024 the price stands at ₹641.79.
  • This represents a Compound Annual Growth Rate (CAGR) of 39.52%.
  • In 5 years, an investment of 10,000 would have become ₹73,768.96.

As we wrap up, we hope you like our study on Prakash Pipes 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 Prakash Pipes 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