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PRAENG Share Price Target 2024, 2025, 2026 to 2039 With Charts
Prajay Engineers Syndicate Limited | |||
 | Symbol: PRAENG | ||
| Price: ₹30.92 | |||
| Exchange: NSE | |||
| Real Estate -> Real Estate—Development | |||
Show Table of Contents
Table of Contents
- 1: PRAENG Brief Company Overview
- 1.1: Prajay Engineers Syndicate Limited: A Reputable Real Estate and Hospitality Firm
- 1.2: PRAENG Financial Performance
- 1.2.1: Is PRAENG A Good Buy For Long Term?
- 2: Approach 1: Technical Analysis Paired With Price Action
- 2.1: PRAENG Share Price Target For 2024
- 2.1.1: PRAENG Share Price Target Table For 2024
- 2.1.2: Summary: PRAENG Share Price Prediction For 2024
- 2.2: PRAENG Share Price Target For 2025
- 2.2.1: PRAENG Share Price Target Table For 2025
- 2.2.2: Summary: PRAENG Share Price Prediction For 2025
- 3: Approach 2: Machine Learning By Studying Historical Prices
- 3.1: PRAENG Long Term Share Price Prediction Chart From 2024, 2025, 2026 to 2039
- 3.2: PRAENG Share Price Target Table From 2024, 2025, 2026 to 2039
- 4: PRAENG Past Performance
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
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 | 205.26 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.
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
| PRAENG's Levels | Value | Reason/Importance |
|---|---|---|
| 2024 Target 3 | 32.12 (+3.88%) | Fibonacci Extension Level 123.6% |
| 2024 Target 2 | 31.70 (+2.52%) | Price Action: 24 Oct 2024 Low |
| 2024 Target 1 | 31.29 (+1.19%) | Custom Fibonacci Extension Lvl 23.6% |
| Current Price | 30.92 | PRAENG's 1 share price as of Thu 21 Nov 2024 |
| Stop Loss 1 | 30.81 (-0.36%) | Price Action: Chart |
| Stop Loss 2 | 30.45 (-1.53%) | Price Action: Oct 2010 High |
| Stop Loss 3 | 30.05 (-2.82%) | Price Action: 19 Nov 2024 Low |
Summary: PRAENG Share Price Prediction For 2024
In summary, PRAENG has surged by ₹10.12, achieving a notable +48.65% increase from 1st January 2024 to 21 Nov 2024. Our analysis of PRAENG for 2024 predicts an additional rise of 1.19% to 3.88% by the end of 2024 with three potential targets T1: 31.29, T2: 31.70, T3: 32.12. Stop Loss at SL1: 30.81, SL2: 30.45, SL3: 30.05.
PRAENG has a 52-week high of ₹46.20, acting as a crucial resistance level - a ceiling that could challenge further price increase. Conversely, it has a 52-week low of ₹16.60, 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 PRAENG.
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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
| PRAENG's Levels | Value | Reason/Importance |
|---|---|---|
| 2025 Target 3 | 49.72 (+60.8%) | Fibonacci Extension Level 123.6% |
| 2025 Target 2 | 48.79 (+57.79%) | Price Action: Chart |
| 2025 Target 1 | 48.31 (+56.24%) | Custom Fibonacci Extension Lvl 64.9% |
| Current Price | 30.92 | PRAENG's 1 share price as of Thu 21 Nov 2024 |
| Stop Loss 1 | 26.75 (-13.49%) | Price Action: May 2024 High |
| Stop Loss 2 | 26.48 (-14.36%) | Price Action: Chart |
| Stop Loss 3 | 26.00 (-15.92%) | Price Action: Chart |
Summary: PRAENG Share Price Prediction For 2025
In summary, PRAENG has surged by ₹10.12, achieving a notable +48.65% increase from 1st January 2024 to 21 Nov 2024. Our analysis of PRAENG for 2025 predicts an additional rise of 56.24% to 60.8% by the end of 2025 with three potential targets T1: 48.31, T2: 48.79, T3: 49.72. Stop Loss at SL1: 26.75, SL2: 26.48, SL3: 26.00.
PRAENG has a All-Time high of ₹489.00, acting as a crucial resistance level - a ceiling that could challenge further price increase. Conversely, it has a 52-week low of ₹16.60, 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 PRAENG, we have created a specific page for that check here: PRAENG Share Price Target For Tomorrow & Next Week
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Approach 2: Machine Learning By Studying Historical Prices
PRAENG Long Term Share Price Prediction Chart From 2024, 2025, 2026 to 2039
This chart presents a detailed projection of PRAENG share price predictions from 2024, 2025, 2026 to 2039. This share price Prediction represents a CAGR of 13.24% over the next 15 years.
For complete year by year PRAENG long term share price target from 2024, 2025 to 2039 check the below table.
PRAENG Share Price Target Table From 2024, 2025, 2026 to 2039
| Year | PRAENG Target | YoY Change % |
|---|---|---|
| 2024 | ₹30.92 | [Current Price] |
| 2024 | ₹41.27 | 33.47% |
| 2025 | ₹53.97 | 30.77% |
| 2026 | ₹70.59 | 30.79% |
| 2027 | ₹80.45 | 13.96% |
| 2028 | ₹103.94 | 29.19% |
| 2029 | ₹110.95 | 6.74% |
| 2030 | ₹122.1 | 10.04% |
| 2031 | ₹141.72 | 16.06% |
| 2032 | ₹147.91 | 4.37% |
| 2033 | ₹178.6 | 20.74% |
| 2034 | ₹180.63 | 1.13% |
| 2035 | ₹190.23 | 5.31% |
| 2036 | ₹212.86 | 11.89% |
| 2037 | ₹215.39 | 1.18% |
| 2038 | ₹253.26 | 17.58% |
| 2039 | ₹235.45 | -7.04% |
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PRAENG Past Performance
- In 2005, PRAENG opening price was ₹86.4
- As of Thu 21 Nov 2024 the price stands at ₹30.92.
- This represents a Compound Annual Growth Rate (CAGR) of -5.01%.
- In 19 years, an investment of 10,000 would have become ₹3,578.7.
As we wrap up, we hope you like our study on PRAENG 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.
