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Prakash Steelage Ltd (PRAKASHSTL)

₹8.820.79%

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Overview
News
Financials
Q1 2024 Results
Technicals

Performance

  • Day's Low

    Day's High

    ₹8.71
    ₹9.09
  • 52 Week's Low

    52 Week's High

    ₹4.3
    ₹16.2
1 Month Return-0.34 %
3 Month Return+ 7.56 %
1 Year Return+ 102.76 %
Previous Close₹8.89
Open₹9.09
Volume5.26L
Upper Circuit-
Lower Circuit-
Market Cap₹155.58Cr

Key Statistics

P/E Ratio0
PEG Ratio0
Market Cap₹155.58 Cr
P/B Ratio-1.38
EPS0

Company Information

Prakash Steelage Ltd is an ISO 9001: 2008, PED certified and government recognized Star Export House manufacturer of High Quality Stainless Steel Seamless and Welded Pipes Tubes, Utubes. With total installed production capacity of 15600 MTPA, their products have a range of sizes ranging from 1/4 NB to 24 NB Schedule 5 Schedule 10 Schedule 40 Schedule 80 etc. and 6.00 mm to 114.40 mm Outer Diameter with wall thickness from 0.50 mm to 6.00 mm. Their customer base is diverse and they have established a marketing network in several cities, including Ahmedabad, Delhi, Hyderabad, Chennai, and Mumbai. Their products have established wide acceptance in the markets of North America, South East Asia, Africa, Middle East, and Europe. Prakash Steelage Private Ltd was formed in 1991 and converted to a public limited company in 1997 with the name Prakash Steelage Ltd. In 2005, it was recognized as an Export house by the government. In 2009, the company was awarded with TUV Certificate for their unit at Silvassa by TUV Rheinland Industrie Service GmbH Cologne, Germany. To increase capacity, the company started a second facility at Umbergaon in Gujarat with an installed capacity of 8200 MTPA and extended from 15600 to 19000 MTPA in 2012. To plan for future business potential, the company has forayed into Duplex Super Duplex and Super Austenitic pipes/ tubes. They also established a Wholly Owned Foreign Subsidiary in UAE in 2013 and expanded the Umbergaon project to 20500 MT. Prakash Steelage Ltd has seen tremendous success and growth since it was incorporated in 1991. The company has been recognized as an Export House by the government and has achieved several achievements such as an ISO 9001:2008 certification and TUV Certificate. It has also made significant expansions and extended production capacity from 15600 to 19000 MTPA. They continue to strive for excellence by planning to foray into Duplex Super Duplex and Super Austenitic pipes/ tubes and expanding their production capacity.

Share Price: ₹8.82 per share as on 19 Jul, 2024 04:01 PM
Market Capitalisation: ₹155.58Cr as of today
Listing date: 25 Aug, 2010
Chairperson Name: Prakash C Kanugo
OrganisationPrakash Steelage Ltd
HeadquartersMumbai
IndustrySteel
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Key events for Prakash Steelage Ltd

  • Prakash Steelage Q3 2024 Earnings Report - 17 Feb, 2024

    Prakash Steelage reported a decrease in revenue by 5.3% and net income by 40% compared to the same quarter last year, with EPS at ₹0.06. The profit margin also decreased from 6.1% to 3.9%, causing shares to drop 9.6% from a week ago.

Insights on Prakash Steelage Ltd

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

  • imgPOSITIVE IMPACT

    Retail Holding Up

    img

    Retail Investor have increased holdings from 66.32% to 66.40% in Mar 2024 quarter

  • imgPOSITIVE IMPACT

    Best in 3 Years

    img

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

  • imgPOSITIVE IMPACT

    Best in 1 Year

    img

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

  • imgPOSITIVE IMPACT

    Promoter Holding Up

    img

    Promoters have increased holdings from 33.50% to 33.52% in Mar 2024 quarter

  • imgPOSITIVE IMPACT

    FII Holding Up

    img

    Foreign Institutions have increased holdings from 0.00% to 0.08% in Mar 2024 quarter

  • imgNEGATIVE IMPACT

    Price Dip

    img

    In the last 6 months, PRAKASHSTL stock has moved down by -32.2%

Company Financials

Value in ₹ crore
2023Y/Y Change
Total Assets
₹37.42Cr
↓1.27%
Total Liabilities
₹87.57Cr
↓5.00%
Value in ₹ crore
2023Y/Y Change
Operating Cash Flow
₹6.09Cr
↓83.91%

Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
33.52%
0.00
Foreign Institutions
0.08%
0.00
Mutual Funds
0%
0.00
Retail Investors
66.4%
0.00
Others
0%
0.00

Key Indicators

Earnings and Dividends

  • Prakash Steelage Ltd Earnings Results

    Prakash Steelage Ltd’s net profit jumped 43725% since last year same period to ₹35.06Cr in the Q4 2023-2024. On a quarterly growth basis, Prakash Steelage Ltd has generated 3371.29% jump in its net profits since last 3-months.

    Read More about Earnings Results
  • Prakash Steelage Ltd Dividends May,2015

    In the quarter ending March 2015, Prakash Steelage Ltd has declared dividend of ₹0.50 - translating a dividend yield of 5.67%.

    Read More about Dividends

Technicals Summary

Bearish

Neutral

Bullish

Bearish

Prakash Steelage Ltd is currently in a Bearish trading position according to technical analysis indicators.

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Prakash Steelage Ltd (PRAKASHSTL) share price today is ₹8.82

Prakash Steelage Ltd is listed on NSE

Prakash Steelage Ltd is listed on BSE

  • Today’s highest price of Prakash Steelage Ltd is ₹9.09.
  • Today’s lowest price of Prakash Steelage Ltd is ₹8.71.

Today’s traded volume of Prakash Steelage Ltd(PRAKASHSTL) is 5.26L.

Today’s market capitalisation of Prakash Steelage Ltd(PRAKASHSTL) is ₹155.58Cr.

Prakash Steelage Ltd(PRAKASHSTLPrice
52 Week High
₹16.2
52 Week Low
₹4.3

Prakash Steelage Ltd(PRAKASHSTL) share price is ₹8.82. It is down -45.56% from its 52 Week High price of ₹16.2

Prakash Steelage Ltd(PRAKASHSTL) share price is ₹8.82. It is up 105.12% from its 52 Week Low price of ₹4.3

Prakash Steelage Ltd(PRAKASHSTLReturns
1 Day Returns
-0.07%
1 Month Returns
-0.34%
3 Month Returns
7.56%
1 Year Returns
102.76%