Prakash Industries Ltd share price logo

Prakash Industries Ltd (PRAKASH)

₹191.813.08%

bell
Get free price alerts. Set up your Free investment account to get Live Prices.
Overview
News
Financials
Q1 2024 Results
Technicals

Performance

  • Day's Low

    Day's High

    ₹185.05
    ₹193.37
  • 52 Week's Low

    52 Week's High

    ₹84.05
    ₹223.6
1 Month Return+ 1.54 %
3 Month Return+ 6.03 %
1 Year Return+ 117.38 %
Previous Close₹186.08
Open₹188.00
Volume11.05L
Upper Circuit-
Lower Circuit-
Market Cap₹3,332.35Cr

Key Statistics

P/E Ratio0
PEG Ratio0
Market Cap₹3,332.35 Cr
P/B Ratio0.31
EPS0

Company Information

Prakash Industries PIL was incorporated in 1980 and since then has ventured into PVC pipes, BW TV picture tubes, video tapes and cassettes manufacturing. It has set up a sponge iron plan in Champa Madhya Pradesh with an installed capacity of 1.5 lac tpa and has technical collaboration with Lurgi, Germany. With further expansion and diversification projects PIL increased their capacity from 1.5 lac tpa to 3.30 lac tpa. It also set up a stainless steel project in Gujarat and a worsted woollen yarn EOU in Silvassa and increased their iron ore mining and crushing capacity. PIL was awarded the Elcina certificate of merit for export performance in 199293 and is currently undertaking a 10MW windfarm project in Tamil Nadu. The company was referred to BIFR for a rehabilitation package and IFCI have conducted a study and submitted a proposal, however the approval is still pending.

Share Price: ₹191.81 per share as on 24 Jul, 2024 04:01 PM
Market Capitalisation: ₹3,332.35Cr as of today
Listing date: 30 Nov, 1994
Chairperson Name: V P Agarwal
OrganisationPrakash Industries Ltd
HeadquartersNew Delhi
IndustrySteel
E-voting on sharesClick here to vote

Key events for Prakash Industries Ltd

  • Prakash Industries Receives Approval for Coal Mine, Shares Jump - 12 Jul, 2024

    Prakash Industries Ltd's shares jumped 5% after receiving final approval for the Bhaskarpara coal mine. The company expects significant cost reductions and stability for its integrated steel operations. Additionally, it will be able to boost revenue and profitability by selling coal from this mine in the open market.

  • Prakash Industries Ltd Shares Surge 35% in a Month - 05 Jul, 2024

    Prakash Industries Ltd shares have gained 35% in the past month, with an annual gain of 160%. The company's earnings growth increased by 83% over the last year and EPS grew by 250% over three years.

Insights on Prakash Industries Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    Price Rise

    img

    In the last 7 days, PRAKASH stock has moved up by 1.9%

  • imgPOSITIVE IMPACT

    Best in 1 Year

    img

    In the last 1 year, PRAKASH has outperformed top 5 stocks with highest market-cap in Iron & Steel

  • imgPOSITIVE IMPACT

    FII Holding Up

    img

    Foreign Institutions have increased holdings from 4.91% to 4.95% in Jun 2024 quarter

  • imgPOSITIVE IMPACT

    Best in 3 Years

    img

    In the last 3 years, PRAKASH has outperformed top 5 stocks with highest market-cap in Iron & Steel

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

    Promoters holdings remained unchanged at 44.24% of holdings in Jun 2024 quarter

  • imgNEGATIVE IMPACT

    Retail Holding Down

    img

    Retail Investor have decreased holdings from 50.75% to 50.70% in Jun 2024 quarter

Company Financials

Value in ₹ crore
2023Y/Y Change
Total Assets
₹4,477.12Cr
↑9.12%
Total Liabilities
₹1,523.33Cr
↑18.03%
Value in ₹ crore
2023Y/Y Change
Operating Cash Flow
₹585.10Cr
↑67.20%

Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
44.24%
0.00
Foreign Institutions
4.95%
0.72
Mutual Funds
0.01%
0.00
Retail Investors
50.7%
-0.09
Others
0.1%
13.22

Key Indicators

Earnings and Dividends

  • Prakash Industries Ltd Earnings Results

    Prakash Industries Ltd’s net profit jumped 53.16% since last year same period to ₹88.77Cr in the Q4 2023-2024. On a quarterly growth basis, Prakash Industries Ltd has generated 10.19% jump in its net profits since last 3-months.

    Read More about Earnings Results
  • Prakash Industries Ltd Dividends May,2019

    In the quarter ending March 2019, Prakash Industries Ltd has declared dividend of ₹1.20 - translating a dividend yield of 0.64%.

    Read More about Dividends

Technicals Summary

Bearish

Neutral

Bullish

Bullish

Prakash Industries Ltd is currently in a Bullish trading position according to technical analysis indicators.

Frequently Asked Questions

  • Get a PAN card.
  • Open a Demat account.
  • Open a Trading account.
  • Link your Demat account to your Trading account.
  • Fund your Trading account.
  • Place an order to buy Prakash Industries Ltd shares.

Prakash Industries Ltd (PRAKASH) share price today is ₹191.81

Prakash Industries Ltd is listed on NSE

Prakash Industries Ltd is listed on BSE

  • Today’s highest price of Prakash Industries Ltd is ₹193.37.
  • Today’s lowest price of Prakash Industries Ltd is ₹185.05.

Today’s traded volume of Prakash Industries Ltd(PRAKASH) is 11.05L.

Today’s market capitalisation of Prakash Industries Ltd(PRAKASH) is ₹3332.35Cr.

Prakash Industries Ltd(PRAKASHPrice
52 Week High
₹223.6
52 Week Low
₹84.05

Prakash Industries Ltd(PRAKASH) share price is ₹191.81. It is down -14.22% from its 52 Week High price of ₹223.6

Prakash Industries Ltd(PRAKASH) share price is ₹191.81. It is up 128.21% from its 52 Week Low price of ₹84.05

Prakash Industries Ltd(PRAKASHReturns
1 Day Returns
5.73%
1 Month Returns
1.54%
3 Month Returns
6.03%
1 Year Returns
117.38%