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Prima Plastics Share Price Target 2024, 2025, 2026 to 2039 With Charts
Prima Plastics Limited | |||
 | Symbol: PRIMAPLA | ||
| Price: ₹151.25 | |||
| Exchange: BSE | |||
| -> | |||
Show Table of Contents
Table of Contents
- 0.1: Prima Plastics Financial Performance
- 0.1.1: Is Prima Plastics A Good Buy For Long Term?
- 1: Approach 1: Technical Analysis Paired With Price Action
- 1.1: Prima Plastics Share Price Target For 2024
- 1.1.1: Prima Plastics Share Price Target Table For 2024
- 1.1.2: Summary: Prima Plastics Share Price Prediction For 2024
- 1.2: Prima Plastics Share Price Target For 2025
- 1.2.1: Prima Plastics Share Price Target Table For 2025
- 1.2.2: Summary: Prima Plastics Share Price Prediction For 2025
- 2: Approach 2: Machine Learning By Studying Historical Prices
- 2.1: Prima Plastics Long Term Share Price Prediction Chart From 2024, 2025, 2026 to 2039
- 2.2: Prima Plastics Share Price Target Table From 2024, 2025, 2026 to 2039
- 3: Prima Plastics Past Performance
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Prima Plastics Financial Performance
| Metric | Value | Description |
|---|---|---|
| Market Capital | 201.69 Crore | Market valuation of Prima Plastics's shares. |
| Revenue (TTM) | 191.11 Crore | Total revenue generated by Prima Plastics over the past twelve months. |
| Net Income (TTM) | +15.92 Crore | Net Profit or Loss after all the expenses over the past twelve months. |
| Operating Margin | 12.58% | Income from operations as a percentage of revenue, before taxes and interest. |
| Profit Margin | 30.8% | Net income as a percentage of revenue, after all expenses. |
| Revenue Growth (Quarterly) | -1.18% | Change in revenue compared to the previous quarter. |
| Debt-to-Equity (D/E) Ratio | 0.28 | Company's total debt divided by total shareholder equity. |
| Total Debt | 41.91 Crore | Sum of Prima Plastics's current & long-term financial obligations. |
Is Prima Plastics A Good Buy For Long Term?
Prima Plastics, a small-cap stock with a market cap of 198.44 Crore, has shown stable financial performance. Its revenue and net profit in the last 12 months (TTM) are 191.11 Crore and 15.92 Crore, respectively, indicating a profit margin of 30.8%. However, the company has a debt of 41.91 Crore, which should be considered. Based on past returns, Prima Plastics has performed well, with a YTD return of 11.59% and a 5-year return of 74.28%. Considering its financial stability and growth potential, Prima Plastics can be considered an average buy for long-term investment.
To predict the Prima Plastics'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
Prima Plastics Share Price Target For 2024
The line chart displays the monthly closing prices of Prima Plastics 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 Prima Plastics shares in 2024, see the table below.
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Prima Plastics Share Price Target Table For 2024
| Prima Plastics's Levels | Value | Reason/Importance |
|---|---|---|
| 2024 Target 3 | 156.50 (+3.47%) | Fibonacci Extension Level 150% |
| 2024 Target 2 | 154.00 (+1.81%) | Price Action: Nov 2024 High |
| 2024 Target 1 | 152.43 (+0.78%) | Custom Fibonacci Extension Lvl 23.6% |
| Current Price | 151.25 | Prima Plastics's 1 share price as of Thu 14 Nov 2024 |
| Stop Loss 1 | 150.89 (-0.24%) | Price Action: Chart |
| Stop Loss 2 | 149.20 (-1.36%) | Price Action: May 2016 Low |
| Stop Loss 3 | 147.59 (-2.42%) | Fibonacci Retracement Extended 28.2% |
Summary: Prima Plastics Share Price Prediction For 2024
In summary, Prima Plastics has declined by ₹-10.40, recording a notable -6.43% decrease from 1st January 2024 to 14 Nov 2024. Despite the setback, our analysis of Prima Plastics for 2024 predicts an additional rise of 0.78% to 3.47% by the end of 2024 with three potential targets T1: 152.43, T2: 154.00, T3: 156.50. Stop Loss at SL1: 150.89, SL2: 149.20, SL3: 147.59.
Prima Plastics has a 52-week high of ₹254.00, acting as a crucial resistance level - a ceiling that could challenge further price increase. Conversely, it has a 52-week low of ₹145.60, 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 Prima Plastics.
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Prima Plastics Share Price Target For 2025
The line chart displays the monthly closing prices of Prima Plastics 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 Prima Plastics shares in 2025, see the table below.
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Prima Plastics Share Price Target Table For 2025
| Prima Plastics's Levels | Value | Reason/Importance |
|---|---|---|
| 2025 Target 3 | 225.80 (+49.28%) | Price Action: Chart |
| 2025 Target 2 | 221.59 (+46.5%) | Price Action: Chart |
| 2025 Target 1 | 219.40 (+45.05%) | Custom Fibonacci Extension Lvl 64.9% |
| Current Price | 151.25 | Prima Plastics's 1 share price as of Thu 14 Nov 2024 |
| Stop Loss 1 | 131.50 (-13.06%) | Price Action: Jun 2018 Low |
| Stop Loss 2 | 129.00 (-14.72%) | Price Action: Apr 2023 High |
| Stop Loss 3 | 126.68 (-16.25%) | Price Action: Chart |
Summary: Prima Plastics Share Price Prediction For 2025
In summary, Prima Plastics has declined by ₹-10.40, recording a notable -6.43% decrease from 1st January 2024 to 14 Nov 2024. Despite the setback, our analysis of Prima Plastics for 2025 predicts an additional rise of 45.05% to 49.28% by the end of 2025 with three potential targets T1: 219.40, T2: 221.59, T3: 225.80. Stop Loss at SL1: 131.50, SL2: 129.00, SL3: 126.68.
Prima Plastics has a All-Time high of ₹315.00, acting as a crucial resistance level - a ceiling that could challenge further price increase. Conversely, it has a 52-week low of ₹145.60, 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 Prima Plastics, we have created a specific page for that check here: Prima Plastics Share Price Target For Tomorrow & Next Week
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Approach 2: Machine Learning By Studying Historical Prices
Prima Plastics Long Term Share Price Prediction Chart From 2024, 2025, 2026 to 2039
This chart presents a detailed projection of Prima Plastics share price predictions from 2024, 2025, 2026 to 2039. This share price Prediction represents a CAGR of 3.96% over the next 15 years.
For complete year by year Prima Plastics long term share price target from 2024, 2025 to 2039 check the below table.
Prima Plastics Share Price Target Table From 2024, 2025, 2026 to 2039
| Year | Prima Plastics Target | YoY Change % |
|---|---|---|
| 2024 | ₹151.25 | [Current Price] |
| 2024 | ₹180.22 | 19.15% |
| 2025 | ₹196.11 | 8.81% |
| 2026 | ₹195.81 | -0.16% |
| 2027 | ₹210.43 | 7.46% |
| 2028 | ₹220.99 | 5.01% |
| 2029 | ₹228.96 | 3.6% |
| 2030 | ₹246.43 | 7.63% |
| 2031 | ₹243.6 | -1.15% |
| 2032 | ₹259.39 | 6.48% |
| 2033 | ₹270.12 | 4.13% |
| 2034 | ₹277.7 | 2.8% |
| 2035 | ₹296.75 | 6.85% |
| 2036 | ₹291.38 | -1.81% |
| 2037 | ₹308.35 | 5.82% |
| 2038 | ₹319.26 | 3.53% |
| 2039 | ₹310.49 | -2.75% |
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Prima Plastics Past Performance
- In 2000, Prima Plastics opening price was ₹13.45
- As of Thu 14 Nov 2024 the price stands at ₹151.25.
- This represents a Compound Annual Growth Rate (CAGR) of 10.16%.
- In 24 years, an investment of 10,000 would have become ₹1.12 Lakh.
As we wrap up, we hope you like our study on Prima Plastics 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.
- Prima Plastics Share Price History
- Prima Plastics Price Target Tomorrow
- Prima Plastics 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.
