Prakash Industries (Small Cap - Next Multibagger) Share Target 2024, 2025 To 2039
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Prakash Industries Limited |
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Price: ₹159.19 | ||
| 52 Week Low: ₹128.15 52 Week High: ₹237.00 |
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| Market Capital: 3,012.15 Crore (Smallcap) | |||
| Basic Materials -> Steel | |||
Show Table of Contents
Table of Contents
- 1: Approach 1: Technical Analysis Paired With Price Action
- 1.1: Prakash Industries Share Price Target For 2024
- 1.1.1: Prakash Industries Share Price Target Table For 2024
- 1.1.2: Short-Term Technical Outlook
- 1.2: Prakash Industries Share Price Target For 2025
- 1.2.1: Prakash Industries 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 Industries Share Price Target Chart and Table From 2024, 2025, 2026 to 2039
- 3: Prakash Industries Brief Company Overview
- 4: Prakash Industries Financial Performance
- 4.0.1: Is Prakash Industries A Good Buy For Long Term?
To predict the Prakash 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
Prakash Industries Share Price Target For 2024
The line chart displays the monthly closing prices of Prakash 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 Prakash Industries shares in 2024, see the table below.
Prakash Industries Share Price Target Table For 2024
| Level | Value | Analysis |
|---|---|---|
| 2024 Target 3 | 167.3 (+5.09%) | Price Action: Dec 2017 High |
| 2024 Target 2 | 165.03 (+3.66%) | Price Action: 05 Nov 2024 Low |
| 2024 Target 1 | 163.38 (+2.63%) | Price Action: Feb 2024 Low |
| Current Price | 159.19 | Prakash Industries's share price as of 23 Dec 2024 |
| Stop Loss 1 | 157.03 (-1.36%) | Price Action: 28 Oct 2024 High |
| Stop Loss 2 | 154.78 (-2.78%) | Price Action: 30 Oct 2024 Low |
| Stop Loss 3 | 153.09 (-3.84%) | Price Action: Jun 2018 High |
Short-Term Technical Outlook
Current Technical Position: Prakash Industries is displaying bearish momentum trading below key moving averages.
Key Technical Level: The 50-day moving average at ₹167.68 serves as the nearest technical reference point.
Historical Returns: 3-month: -10.11% | 6-month: -11.09% | 1-year: -2.18%
Prakash Industries Share Price Target For 2025
The line chart displays the monthly closing prices of Prakash 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 Prakash Industries shares in 2025, see the table below.
Prakash Industries Share Price Target Table For 2025
| Level | Value | Analysis |
|---|---|---|
| 2025 Target 3 | 235.53 (+47.95%) | Fibonacci Extension Level 100.00% |
| 2025 Target 2 | 231.68 (+45.53%) | Price Action: Chart |
| 2025 Target 1 | 229.39 (+44.09%) | Fibonacci Extension Level 64.90% |
| Current Price | 159.19 | Prakash Industries's share price as of 23 Dec 2024 |
| Stop Loss 1 | 143.14 (-10.09%) | Price Action: Aug 2008 High |
| Stop Loss 2 | 141.61 (-11.05%) | Price Action: Sep 2010 High |
| Stop Loss 3 | 139.38 (-12.45%) | Price Action: Aug 2018 High |
Long-Term Technical Outlook
52-Week Range Analysis: Prakash Industries is currently trading at 28.5% of its 52-week range (₹128.15 - ₹237).
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: -2.18% | 3-year: +200.09% | 5-year: +221.02%
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Approach 2: Machine Learning By Studying Historical Prices
Prakash Industries Share Price Target Chart and Table From 2024, 2025, 2026 to 2039
| Year | Target 1 | Target 1 YoY Chg % | Target 2 |
|---|---|---|---|
| Current Price | ₹159.19 | ||
| 2024 | ₹183.57 | +15.31% | ₹186.32 |
| 2025 | ₹205.57 | +11.98% | ₹208.65 |
| 2026 | ₹224.47 | +9.19% | ₹227.84 |
| 2027 | ₹224.95 | +0.21% | ₹232.94 |
| 2028 | ₹233.87 | +3.96% | ₹257.37 |
| 2029 | ₹280.18 | +19.8% | ₹284.38 |
| 2030 | ₹303.46 | +8.3% | ₹308.01 |
| 2031 | ₹322.06 | +6.12% | ₹326.89 |
| 2032 | ₹314.93 | -2.21% | ₹331.85 |
| 2033 | ₹320.49 | +1.76% | ₹356.78 |
| 2034 | ₹376.78 | +17.56% | ₹382.43 |
| 2035 | ₹401.34 | +6.51% | ₹407.36 |
| 2036 | ₹419.65 | +4.56% | ₹425.94 |
| 2037 | ₹404.90 | -3.51% | ₹431.80 |
| 2038 | ₹407.11 | +0.54% | ₹456.81 |
| 2039 | ₹477.26 | +17.23% | ₹484.42 |
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 Industries Brief Company Overview
Prakash Industries Limited: An Integrated Steel and Power Company Prakash Industries Limited is an established player in India's steel and power sectors. Since its inception in 1980, the company has grown into an integrated conglomerate with a diverse product portfolio. Key...
Products and Services: Sponge iron Steel billets and blooms Ferro alloys Wire rods TMT bars Wind power generation Prakash Industries caters to various industries, including construction, infrastructure, and manufacturing. Their products find applications in binding wires, electrical cables, fencing, screws, and more. The company's commitment to quality and innovation has earned it a strong reputation in the industry. They continuously strive to meet the evolving needs of their customers.Prakash Industries Financial Performance
| Metric | Value | Description |
|---|---|---|
| Market Capital | 3,012.15 Crore | Market valuation of Prakash Industries's shares. |
| Revenue (TTM) | 3,797.87 Crore | Total revenue generated by Prakash Industries over the past twelve months. |
| Net Income (TTM) | +317.36 Crore | Net Profit or Loss after all the expenses over the past twelve months. |
| Operating Margin | +9.65% | Income from operations as a percentage of revenue, before taxes and interest. |
| Profit Margin | +8.35% | Net income as a percentage of revenue, after all expenses. |
| Revenue Growth (Quarterly) |
+16.3% | Change in revenue compared to the previous quarter. |
| Earnings Growth (YOY Quarterly) |
+78% | Change in earnings compared to the same quarter last year. |
| Debt-to-Equity (D/E) Ratio |
13.91 | Company's total debt divided by total shareholder equity. |
| Total Debt | 433.09 Crore | Sum of Prakash Industries's current & long-term financial obligations. |
| Total Cash | 274.97 Crore | Total amount of liquid funds available to Prakash Industries. |
| Beta | 1.14 | Beta is greater than 1 indicating that the Prakash Industries's price is more volatile than the market. |
Is Prakash Industries A Good Buy For Long Term?
Prakash Industries, a smallcap stock with a revenue of ₹3,797.87 Crore and a net profit of ₹317.36 Crore in the last 12 months, has shown impressive growth with a 78% increase in earnings compared to the same quarter last year and a 6.25% return in the past 6 months. Despite a debt of ₹433.09 Crore, its strong profit margin of 8.35% and a healthy 274.97 Crore cash balance indicate financial stability. Based on these factors, Prakash Industries appears to be a potentially good long-term investment opportunity for investors seeking growth and value.
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.
