PRAENG (Small Cap - Next Multibagger) Share Target 2024, 2025 To 2039
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Prajay Engineers Syndicate Limited |
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Price: ₹28.67 | ||
| 52 Week Low: ₹18.70 52 Week High: ₹46.20 |
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| Market Capital: 212.07 Crore (Smallcap) | |||
| Real Estate -> Real Estate—Development | |||
Show Table of Contents
Table of Contents
- 1: Approach 1: Technical Analysis Paired With Price Action
- 1.1: PRAENG Share Price Target For 2024
- 1.1.1: PRAENG Share Price Target Table For 2024
- 1.1.2: Short-Term Technical Outlook
- 1.2: PRAENG Share Price Target For 2025
- 1.2.1: PRAENG Share Price Target Table For 2025
- 1.2.2: Long-Term Technical Outlook
- 2: Approach 2: Machine Learning By Studying Historical Prices
- 2.1: PRAENG Share Price Target Chart and Table From 2024, 2025, 2026 to 2039
- 3: PRAENG Brief Company Overview
- 4: PRAENG Financial Performance
- 4.0.1: Is PRAENG A Good Buy For Long Term?
To predict the PRAENG'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
PRAENG Share Price Target For 2024
The line chart displays the monthly closing prices of PRAENG 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 PRAENG shares in 2024, see the table below.
PRAENG Share Price Target Table For 2024
| Level | Value | Analysis |
|---|---|---|
| 2024 Target 3 | 30.15 (+5.16%) | Price Action: 13 Dec 2024 Low |
| 2024 Target 2 | 29.85 (+4.11%) | Price Action: Nov 2010 High |
| 2024 Target 1 | 29.55 (+3.06%) | Price Action: Nov 2024 Low |
| Current Price | 28.67 | PRAENG's share price as of 23 Dec 2024 |
| Stop Loss 1 | 28.29 (-1.33%) | Price Action: Jan 2010 Low |
| Stop Loss 2 | 27.6 (-3.74%) | Price Action: Sep 2010 Low |
| Stop Loss 3 | 27.29 (-4.82%) | Price Action: Apr 2010 Low |
Short-Term Technical Outlook
Current Technical Position: PRAENG is displaying bearish momentum trading below key moving averages.
Key Technical Level: The 25-day moving average at ₹31.08 serves as the nearest technical reference point.
Historical Returns: 3-month: -23.79% | 6-month: -5.8% | 1-year: +38.38%
PRAENG Share Price Target For 2025
The line chart displays the monthly closing prices of PRAENG 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 PRAENG shares in 2025, see the table below.
PRAENG Share Price Target Table For 2025
| Level | Value | Analysis |
|---|---|---|
| 2025 Target 3 | 49.28 (+71.88%) | Price Action: Chart |
| 2025 Target 2 | 48.36 (+68.67%) | Price Action: Chart |
| 2025 Target 1 | 47.88 (+67%) | Fibonacci Extension Level 64.90% |
| Current Price | 28.67 | PRAENG's share price as of 23 Dec 2024 |
| Stop Loss 1 | 23.99 (-16.32%) | Price Action: Chart |
| Stop Loss 2 | 23.75 (-17.17%) | Price Action: Chart |
| Stop Loss 3 | 23.32 (-18.67%) | Price Action: Chart |
Long-Term Technical Outlook
52-Week Range Analysis: PRAENG is currently trading at 36.3% of its 52-week range (₹18.7 - ₹46.2).
Long-Term Trend Analysis: The stock is in a bearish long-term trend, trading below key long-term moving averages.
Long-Term Performance: 1-year: +38.38% | 3-year: +21.91% | 5-year: +379.5%
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Approach 2: Machine Learning By Studying Historical Prices
PRAENG Share Price Target Chart and Table From 2024, 2025, 2026 to 2039
| Year | Target 1 | Target 1 YoY Chg % | Target 2 |
|---|---|---|---|
| Current Price | ₹28.67 | ||
| 2024 | ₹41.29 | +44.01% | ₹41.91 |
| 2025 | ₹54.04 | +30.87% | ₹54.85 |
| 2026 | ₹70.71 | +30.84% | ₹71.77 |
| 2027 | ₹80.60 | +13.98% | ₹85.44 |
| 2028 | ₹104.16 | +29.23% | ₹105.72 |
| 2029 | ₹111.20 | +6.75% | ₹112.87 |
| 2030 | ₹122.39 | +10.06% | ₹124.23 |
| 2031 | ₹142.08 | +16.08% | ₹144.21 |
| 2032 | ₹148.30 | +4.37% | ₹160.34 |
| 2033 | ₹179.07 | +20.74% | ₹181.76 |
| 2034 | ₹181.11 | +1.13% | ₹183.83 |
| 2035 | ₹190.74 | +5.31% | ₹197.79 |
| 2036 | ₹213.44 | +11.9% | ₹216.64 |
| 2037 | ₹215.99 | +1.19% | ₹235.24 |
| 2038 | ₹253.97 | +17.58% | ₹257.78 |
| 2039 | ₹236.12 | -7.02% | ₹249.13 |
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.
PRAENG Brief Company Overview
Prajay Engineers Syndicate Limited: A Reputable Real Estate and Hospitality Firm Prajay Engineers Syndicate Limited, established in 1994, is a Hyderabad-based company specializing in real estate development and hospitality services. Key Products and Services: Residential...
and commercial property development Hospitality management (hotels, restaurants, resorts) Leasing of commercial premises Reputation and Commitment: Prajay Engineers Syndicate Limited has built a solid reputation in the industry, known for its high-quality developments and dedicated customer service.PRAENG Financial Performance
| Metric | Value | Description |
|---|---|---|
| Market Capital | 212.07 Crore | Market valuation of PRAENG's shares. |
| Revenue (TTM) | 42.66 Crore | Total revenue generated by PRAENG over the past twelve months. |
| Net Income (TTM) | -14.82 Crore | Net Profit or Loss after all the expenses over the past twelve months. |
| Operating Margin | -26.1% | Income from operations as a percentage of revenue, before taxes and interest. |
| Profit Margin | -34.75% | Net income as a percentage of revenue, after all expenses. |
| Revenue Growth (Quarterly) |
+259.1% | Change in revenue compared to the previous quarter. |
| Debt-to-Equity (D/E) Ratio |
32.13 | Company's total debt divided by total shareholder equity. |
| Total Debt | 176.1 Crore | Sum of PRAENG's current & long-term financial obligations. |
| Total Cash | 18.84 Crore | Total amount of liquid funds available to PRAENG. |
| Beta | -0.13 | Beta is less than 1 indicating that the PRAENG's price is less volatile than the market. |
Is PRAENG A Good Buy For Long Term?
PRAENG is a small-cap company with a market cap of 212.07 Crore. It has a high debt of 176.1 Crore and a negative profit margin, indicating financial challenges. While its revenue has grown by 259.1% compared to the previous quarter, its profitability remains a concern. Considering its weak financial position and negative earnings, PRAENG may not be a suitable option for a long-term investment.
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.
