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Prakash Industries Share Price Target 2024, 2025, 2026 to 2039 With Charts
Prakash Industries Limited | |||
 | Symbol: PRAKASH | ||
| Price: ₹169.49 | |||
| Exchange: NSE | |||
| Basic Materials -> Steel | |||
Show Table of Contents
Table of Contents
- 1: Prakash Industries Brief Company Overview
- 1.1: Prakash Industries Limited: An Integrated Steel and Power Company
- 1.1.1: Key Products and Services:
- 1.2: Prakash Industries Financial Performance
- 1.2.1: Is Prakash Industries A Good Buy For Long Term?
- 2: Approach 1: Technical Analysis Paired With Price Action
- 2.1: Prakash Industries Share Price Target For 2024
- 2.1.1: Prakash Industries Share Price Target Table For 2024
- 2.1.2: Summary: Prakash Industries Share Price Prediction For 2024
- 2.2: Prakash Industries Share Price Target For 2025
- 2.2.1: Prakash Industries Share Price Target Table For 2025
- 2.2.2: Summary: Prakash Industries Share Price Prediction For 2025
- 3: Approach 2: Machine Learning By Studying Historical Prices
- 3.1: Prakash Industries Long Term Share Price Prediction Chart From 2024, 2025, 2026 to 2039
- 3.2: Prakash Industries Share Price Target Table From 2024, 2025, 2026 to 2039
- 4: Prakash Industries Past Performance
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.
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Prakash Industries Financial Performance
| Metric | Value | Description |
|---|---|---|
| Market Capital | 3,126.77 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.
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.
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Prakash Industries Share Price Target Table For 2024
| Prakash Industries's Levels | Value | Reason/Importance |
|---|---|---|
| 2024 Target 3 | 174.81 (+3.13%) | Custom Fibonacci Extension Lvl 64.9% |
| 2024 Target 2 | 172.95 (+2.04%) | Price Action: 10 Oct 2024 High |
| 2024 Target 1 | 170.74 (+0.73%) | Price Action: 01 Nov 2024 High |
| Current Price | 169.49 | Prakash Industries's 1 share price as of Thu 14 Nov 2024 |
| Stop Loss 1 | 168.89 (-0.36%) | Price Action: 14 Oct 2024 Low |
| Stop Loss 2 | 167.12 (-1.4%) | Price Action: 22 Oct 2024 High |
| Stop Loss 3 | 165.12 (-2.58%) | Price Action: Oct 2024 Low |
Summary: Prakash Industries Share Price Prediction For 2024
In summary, Prakash Industries has surged by ₹2.29, achieving a notable +1.37% increase from 1st January 2024 to 14 Nov 2024. Our analysis of Prakash Industries for 2024 predicts an additional rise of 0.73% to 3.13% by the end of 2024 with three potential targets T1: 170.74, T2: 172.95, T3: 174.81. Stop Loss at SL1: 168.89, SL2: 167.12, SL3: 165.12.
Prakash Industries has a 52-week high of ₹237.00, acting as a crucial resistance level - a ceiling that could challenge further price increase. Conversely, it has a 52-week low of ₹128.14, 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 Industries.
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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.
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Prakash Industries Share Price Target Table For 2025
| Prakash Industries's Levels | Value | Reason/Importance |
|---|---|---|
| 2025 Target 3 | 242.86 (+43.28%) | Price Action: Chart |
| 2025 Target 2 | 238.33 (+40.61%) | Price Action: Chart |
| 2025 Target 1 | 235.97 (+39.22%) | Custom Fibonacci Extension Lvl 64.9% |
| Current Price | 169.49 | Prakash Industries's 1 share price as of Thu 14 Nov 2024 |
| Stop Loss 1 | 153.70 (-9.32%) | Price Action: Sep 2010 Low |
| Stop Loss 2 | 150.61 (-11.14%) | Price Action: Apr 1995 Low |
| Stop Loss 3 | 147.89 (-12.75%) | Price Action: 28 Oct 2024 Low |
Summary: Prakash Industries Share Price Prediction For 2025
In summary, Prakash Industries has surged by ₹2.29, achieving a notable +1.37% increase from 1st January 2024 to 14 Nov 2024. Our analysis of Prakash Industries for 2025 predicts an additional rise of 39.22% to 43.28% by the end of 2025 with three potential targets T1: 235.97, T2: 238.33, T3: 242.86. Stop Loss at SL1: 153.70, SL2: 150.61, SL3: 147.89.
Prakash Industries has a All-Time high of ₹307.26, acting as a crucial resistance level - a ceiling that could challenge further price increase. Conversely, it has a 52-week low of ₹128.14, 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 Industries, we have created a specific page for that check here: Prakash Industries Share Price Target For Tomorrow & Next Week
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Approach 2: Machine Learning By Studying Historical Prices
Prakash Industries Long Term Share Price Prediction Chart From 2024, 2025, 2026 to 2039
This chart presents a detailed projection of Prakash Industries share price predictions from 2024, 2025, 2026 to 2039. This share price Prediction represents a CAGR of -1.03% over the next 15 years.
For complete year by year Prakash Industries long term share price target from 2024, 2025 to 2039 check the below table.
Prakash Industries Share Price Target Table From 2024, 2025, 2026 to 2039
| Year | Prakash Industries Target | YoY Change % |
|---|---|---|
| 2024 | ₹169.49 | [Current Price] |
| 2024 | ₹175.96 | 3.81% |
| 2025 | ₹178.48 | 1.43% |
| 2026 | ₹188.07 | 5.37% |
| 2027 | ₹185.42 | -1.41% |
| 2028 | ₹163.91 | -11.61% |
| 2029 | ₹167.86 | 2.4% |
| 2030 | ₹170.18 | 1.38% |
| 2031 | ₹179.24 | 5.32% |
| 2032 | ₹176.63 | -1.46% |
| 2033 | ₹156.07 | -11.65% |
| 2034 | ₹159.75 | 2.35% |
| 2035 | ₹161.88 | 1.33% |
| 2036 | ₹170.42 | 5.26% |
| 2037 | ₹167.85 | -1.51% |
| 2038 | ₹148.22 | -11.69% |
| 2039 | ₹152.11 | 2.61% |
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Prakash Industries Past Performance
- In 1990, Prakash Industries opening price was ₹14.09
- As of Thu 14 Nov 2024 the price stands at ₹169.49.
- This represents a Compound Annual Growth Rate (CAGR) of 7.37%.
- In 34 years, an investment of 10,000 would have become ₹1.2 Lakh.
As we wrap up, we hope you like our study on Prakash Industries 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.
- Prakash Industries Share Price History
- Prakash Industries Price Target Tomorrow
- Prakash Industries Dividend History
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.
