Prakash Industries Share Price

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PRAKASH •
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Stock Performance
52 Week Low - High
Today’s Low - High

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Total Traded Value

View details of Market Depth
Fundamental

Market Cap (in crs)

Face Value

Turnover (in lacs)

Key Metrics
Qtr Change %
31.42% Fall from 52W High
-9.1
TTM PE Ratio
Below industry Median
8.3
Price to Book Ratio
Below industry Median
1
Dividend yield 1yr %
Above industry Median
0.7
TTM PEG Ratio
PEG TTM is less than 1
0.3

Prakash Industries Ltd shareholding Pattern

Promoter
44.3%
Foreign Institutions
4%
Public
51.8%
Promoter
44.2%
Foreign Institutions
5%
Domestic Institutions
0.1%
Public
50.7%
Promoter
44.2%
Foreign Institutions
4.9%
Domestic Institutions
0.1%
Public
50.7%
Promoter
44.2%
Foreign Institutions
5.9%
Public
49.8%
Promoter
44.2%
Foreign Institutions
6.4%
Public
49.4%
Promoter
44.1%
Foreign Institutions
3.6%
Public
52.3%

Prakash Industries Ltd Technical Analysis

Moving Averages Analysis
Moving Averages Analysis
Current Price
Bullish Moving Averages
0
Bearish Moving Averages
16
5Day EMA
168.00
10Day EMA
170.00
12Day EMA
170.30
20Day EMA
170.30
26Day EMA
170.30
50Day EMA
171.80
100Day EMA
175.20
200Day EMA
172.50
5Day SMA
169.20
10Day SMA
172.50
20Day SMA
170.60
30Day SMA
170.00
50Day SMA
167.90
100Day SMA
180.80
150Day SMA
180.80
200Day SMA
176.70
Delivery & Volume

Delivery & Volume

PeriodCombined Delivery VolumeNSE+BSE Traded Volume
Day Rs
254170 Rs
485630 Rs
Week Rs
237117 Rs
481943 Rs
Month Rs
433890 Rs
877177 Rs
Resistance & Support
163.88
Pivot
Resistance
First Resistance
166.62
Second Resistance
170.70
Third Resistance
173.44
Support
First Support
159.80
Second support
157.06
Third Support
152.98
Relative Strength Index
38.77
Money Flow Index
69.96
MACD
-0.02
MACD Signal
0.86
Average True Range
5.74
Average Directional Index
16.73
Rate of Change (21)
0.99
Rate of Change (125)
-14

Prakash Industries Ltd Company background

Founded in: 1980
Managing director: Vikram Agarwal
Prakash Industries Limited (PIL) was incorporated on July 31, 1980 as Prakash Pipes and Industries Limited. The Company formerly known as PIL Limited was changed to Prakash Industries Limited. The Company is presently engaged in manufacture and sale of Steel Products and generation of Power.PIL came out with a public issue in Nov.91 to partfinance the sponge iron project being set up at Champa, Madhya Pradesh, with an installed capacity of 1.5 lac tpa. The company manufactures PVC pipes, BW TV picture tubes and video tapes and cassettes. PIL has technical collaboration with Lurgi, Germany, for the sponge iron project. The plants are located in Uttar Pradesh, Madhya Pradesh (two), Punjab and Orissa. In 199495, the company doubled the capacity of the sponge iron plant from 1.50 lac tpa to 3.30 lac tpa and also undertook a forward integration project to set up a stainless steel plant in Gujarat together with a rolling mill and a worsted woollen yarn EOU at Silvassa. The company also took up the expansion of the ironore mining and crushing capacity. It came out with a rights issue in Jan.96 to partfinance the above expansioncumdiversification project. The company successfully commissioned the stainless steel project at Bharuch in 199596 and has also completed all other expansion and diversification projects. The video tape division bagged the Elcina certificate of merit for excellent export performance for 199293. PIL is also implementing a 10MW windfarm project in Tamil Nadu. The company which was referred to BIFR for rehabilitation package,IFCI has conducted the study and submitted the proposal of rehabilitation package and the company is awaiting for the approval.The Company commissioned a new 25 MW Power Generating Plant during the year 200405. In 200506, it commissioned a Wire Rod Rolling Mill plant, which commenced commercial production. In 200607, it commenced operation of its Captive Coal Mines at Chotia.The Company expanded its Structural Rolling Mill and has doubled, the capacity in 200708. It has taken a step forward in its objective to achieve complete integration in its entire product range in its steel operations by enhancing capacity in sponge iron division and also expanding its Steel Melting Capacity. During the year 201112, the Company commissioned a Sponge Iron kiln resulting in further integration of capacities and substantial cost reduction. Further, it made additions in its power generation capacities also. These capacity additions have helped the Company achieve highest ever production in the Sponge Iron and Power segments. The first phase of 100 MW was commissioned. The operations of the TMT Bar Mill were also resumed during the later half of the year on revival of demand.During 201213, the Company expanded its Ferro Alloys capacity by setting up additional furnaces, which resulted in optimum utilization of surplus power capacities. The Company made addition in its Ferro Alloys and Steel Melting Shop capacity during the year 201314 by setting up new furnaces, which resulted in achieving higher production in the divisions.During year 201415, Company modernized its Steel Melting Shop by replacing some of the existing furnaces with more energy efficient furnaces, resulting in substantial cost savings and higher efficiency. The capacity utilization in the finished steel segment comprising Wire Rod and TMT Bars was satisfactory during the year. Availability of iron ore improved during the year leading to correction in iron ore prices, which resulted in substantial cost reduction in the operations. The operations of Captive coal mine were stable with uninterrupted production during the year. Captive coal mining operations and Rigid PVC pipes division also performed well.During 201516, the Company completed retrofitting of Waste Heat Recovery Boilers, which led to additional 8 MW power generation without any additional cost. It installed capacitors and harmonic filters to improve power factor thereby saving costs. During the year 201617, the Company expanded its Sponge Iron capacity by setting up one more Rotary Kiln of 0.20 MTPA, which had since commenced production. It added 15 MW power cogeneration capacity during the year. It recommissioned Structural Mill at Raipur for manufacture of heavy and medium structurals to have a more diversified product mix. Prakash Pipes Ltd became wholly owned subsidiary company during the financial year ended 31st March, 2018. During FY 201819, the PVC Pipe Undertaking was demerged from the Company into Resulting Company i.e., Prakash Pipes Limited (PPL ) with effect from the appointed date i.e. 1 st April, 2018. The Company modernized its fourth Rolling Mill at Raipur, Chhattisgarh to improve production of value added products i.e. wire rods. Also, it continued to improve the operational efficiencies In the Steel Melting Shop by setting up new energy efficient furnaces and modernizing some of the existing furnaces. The Company had started PVC flexible packaging business under its PVC business segment which now transferred to Prakash Pipes Limited consequent upon demerger of the Company. Prakash Pipes Ltd. has ceased to be subsidiary Company of Prakash Industries Ltd. consequent upon demerger order dated 14th March, 2019 of National Company L aw Tribunal during the Financial Year 201819.The new Sponge Iron Rotary kiln having capacity of 2 lacs tonnes per annum along with 15 MW power cogeneration plant, started commercial production during the year 201920. The Company expanded its capacity in Steel Melting Shop by commissioning 4 nos. new energy efficient Induction Furnaces during the year and accordingly, the enhanced capacity stood at 1.176 million tonnes per annum. Further, it commenced the mining operations at its Captive Iron Ore Mine at Sirkaguttu in the State of Odisha and commercial extraction of the Iron Ore has started during the fourth quarter of the financial year.The Company enhanced capacity in its Steel Melting Shop by commissioning two new energy efficient Induction Furnaces, which stood at 1.25 Mn tonnes per annum during 202021.
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Prakash Industries Ltd FAQs

Prakash Industries Ltd shares are currently priced at 162.53 on NSE and 162.45 on BSE as of 12/19/2024 12:00:00 AM. Please be aware that stock prices are subject to continuous fluctuations due to various factors.

The past 1-year return of Prakash Industries Ltd [PRAKASH] share was -5.88. The Prakash Industries Ltd [PRAKASH] share hit a 1-year low of Rs. 128.15 and a 1-year high of Rs. 237.

The market cap of Prakash Industries Ltd is Rs. 2910.62 Cr. as of 12/19/2024 12:00:00 AM.

The PE ratios of Prakash Industries Ltd is 8.31 as of 12/19/2024 12:00:00 AM.

The PB ratios of Prakash Industries Ltd is 0.91 as of 12/19/2024 12:00:00 AM

The Mutual Fund Shareholding was 0.01% at the end of 12/19/2024 12:00:00 AM.

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