Prakash Pipes (Small Cap - Next Multibagger) Share Target 2024, 2025 To 2039
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Prakash Pipes Limited |
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Price: ₹487.20 | ||
| 52 Week Low: ₹319.80 52 Week High: ₹667.95 |
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| Market Capital: 971.44 Crore (Smallcap) | |||
| Industrials -> Building Products & Equipment | |||
Show Table of Contents
Table of Contents
- 1: Approach 1: Technical Analysis Paired With Price Action
- 1.1: Prakash Pipes Share Price Target For 2024
- 1.1.1: Prakash Pipes Share Price Target Table For 2024
- 1.1.2: Short-Term Technical Outlook
- 1.2: Prakash Pipes Share Price Target For 2025
- 1.2.1: Prakash Pipes Share Price Target Table For 2025
- 1.2.2: Long-Term Technical Outlook
- 2: Approach 2: Machine Learning By Studying Historical Prices
- 2.1: Prakash Pipes Share Price Target Chart and Table From 2024, 2025, 2026 to 2039
- 3: Prakash Pipes Brief Company Overview
- 4: Prakash Pipes Financial Performance
- 4.0.1: Is Prakash Pipes A Good Buy For Long Term?
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
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.
Prakash Pipes Share Price Target Table For 2024
| Level | Value | Analysis |
|---|---|---|
| 2024 Target 3 | 520.5 (+6.83%) | Price Action: 19 Dec 2024 Low |
| 2024 Target 2 | 510.0 (+4.67%) | Price Action: 05 Dec 2024 Low |
| 2024 Target 1 | 504.89 (+3.63%) | Price Action: 18 Nov 2024 High |
| Current Price | 487.20 | Prakash Pipes's share price as of 23 Dec 2024 |
| Stop Loss 1 | 477.35 (-2.02%) | Price Action: 18 Nov 2024 Low |
| Stop Loss 2 | 470.0 (-3.54%) | Price Action: 22 Nov 2024 Low |
| Stop Loss 3 | 464.35 (-4.7%) | Price Action: Nov 2024 Low |
Short-Term Technical Outlook
Current Technical Position: Prakash Pipes is displaying bearish momentum trading below key moving averages.
Key Technical Level: The 25-day moving average at ₹519.56 serves as the nearest technical reference point.
Historical Returns: 3-month: -13.86% | 6-month: +10.74% | 1-year: +26.14%
Prakash Pipes Share Price Target For 2025
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.
Prakash Pipes Share Price Target Table For 2025
| Level | Value | Analysis |
|---|---|---|
| 2025 Target 3 | 733.28 (+50.5%) | Price Action: Chart |
| 2025 Target 2 | 719.61 (+47.7%) | Price Action: Chart |
| 2025 Target 1 | 712.49 (+46.24%) | Fibonacci Extension Level 64.90% |
| Current Price | 487.20 | Prakash Pipes's share price as of 23 Dec 2024 |
| Stop Loss 1 | 427.74 (-12.21%) | Price Action: Nov 2023 High |
| Stop Loss 2 | 421.76 (-13.44%) | Price Action: Mar 2024 High |
| Stop Loss 3 | 416.75 (-14.47%) | Fibonacci Retracement Level 71.80% |
Long-Term Technical Outlook
52-Week Range Analysis: Prakash Pipes is currently trading at 48.1% of its 52-week range (₹319.8 - ₹667.95).
Long-Term Trend Analysis: The stock shows mixed long-term signals, trading near key moving averages.
Long-Term Performance: 1-year: +26.14% | 3-year: +290.39% | 5-year: +632.51%
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Approach 2: Machine Learning By Studying Historical Prices
Prakash Pipes Share Price Target Chart and Table From 2024, 2025, 2026 to 2039
| Year | Target 1 | Target 1 YoY Chg % | Target 2 |
|---|---|---|---|
| Current Price | ₹487.20 | ||
| 2024 | ₹569.30 | +16.85% | ₹577.84 |
| 2025 | ₹707.97 | +24.35% | ₹718.59 |
| 2026 | ₹820.05 | +15.83% | ₹832.35 |
| 2027 | ₹919.16 | +12.08% | ₹932.95 |
| 2028 | ₹1,044.23 | +13.6% | ₹1,059.89 |
| 2029 | ₹1,207.96 | +15.67% | ₹1,226.08 |
| 2030 | ₹1,356.65 | +12.3% | ₹1,377.00 |
| 2031 | ₹1,455.06 | +7.25% | ₹1,476.89 |
| 2032 | ₹1,535.46 | +5.52% | ₹1,558.49 |
| 2033 | ₹1,661.61 | +8.21% | ₹1,706.96 |
| 2034 | ₹1,846.62 | +11.13% | ₹1,874.32 |
| 2035 | ₹2,005.33 | +8.59% | ₹2,035.41 |
| 2036 | ₹2,090.07 | +4.22% | ₹2,121.42 |
| 2037 | ₹2,151.77 | +2.95% | ₹2,188.59 |
| 2038 | ₹2,278.99 | +5.91% | ₹2,349.13 |
| 2039 | ₹2,488.32 | +9.18% | ₹2,525.64 |
Note: Target 1 and Target 2 represent price levels that the stock is most likely to achieve during the respective year, based on machine learning algorithms analyzing historical price patterns and market behavior. These predictions are generated through comprehensive analysis of the stock's historical data using advanced ML models.
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.Prakash Pipes Financial Performance
| Metric | Value | Description |
|---|---|---|
| Market Capital | 971.44 Crore | Market valuation of Prakash Pipes's shares. |
| Revenue (TTM) | 660.51 Crore | Total revenue generated by Prakash Pipes over the past twelve months. |
| Net Income (TTM) | +84.04 Crore | Net Profit or Loss after all the expenses over the past twelve months. |
| Operating Margin | +17.32% | Income from operations as a percentage of revenue, before taxes and interest. |
| Profit Margin | +12.72% | 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 |
8.85 | Company's total debt divided by total shareholder equity. |
| Total Debt | 28.06 Crore | Sum of Prakash Pipes's current & long-term financial obligations. |
| Total Cash | 141.04 Crore | Total amount of liquid funds available to Prakash Pipes. |
| Beta | 1.37 | Beta 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.
Disclaimer: The information provided on this page is for educational purposes only and should not be considered as financial advice. Historical performance data and technical analysis cannot guarantee future results. Stock investments are subject to market risks. Please consult with a qualified financial advisor before making any investment decisions.
All stock data shown is sourced from publicly available information and while we strive for accuracy, we cannot guarantee the absolute accuracy of all figures. Users should verify critical information from official sources before making investment decisions.
