Prakash Steelage Share price target 2025, 2030, 2040, 2050.
Hello Guys 🤗 In today’s topic we are looking at the stainless steel industry: “Steel Yourself for Growth: Prakash Steelage Share Price Target 2025.” Building a Strong Future by Learning a Company Analysis by Stocksgyan.com Hope you are enjoying reading my money 🤑💰minting articles.
Once again, welcome you all. In today’s article you learn about Prakash Steelage, the manufacturer of stainless steel products. As you know now Stainless steel products demand is increasing rapidly So growth was there.
As we look ahead in future we expect Prakash Steelage continue its growth, this momentum driven by increasing demand of stainless steel products. Without wasting your precious time let’s get Started.💵
Company Introduction
Prakash Steelage Share price Target 2025 Today’s topic is from stainless steel sector let’s do full company analysis and then decide where to invest.
Company official website link 🖇️
Prakash Steelage Limited, currently trading at Rs 9.70 per share, holds a market capitalization of Rs 148.40 Cr. This is a small-cap company; this company is a global leader in stainless steel solutions with innovative products in steel. This company specializes in the manufacturing and exporting of stainless steel.
So my dear learners Let’s get started to become great investor 💵 by choosing good stocks in portfolio, We start with introduction then slowly we move towards Prakash Steelage Share price target 2025 to 2050.
Prakash Steelage Product
Prakash Steelage is the India’s leading Manufacturer of Stainless steel products As you know, good business is run on product, and automatically profit comes in. So, let’s discuss how was Prakash Steelage Products. How they sell to consumers.
Lets discuss product list first which types of products Company make.
- S.S Welded Pipes
- S.S Welded instrumentation Tubes ( Small OD)
- S.S Welded Heat exchanger
- S.S Welded EFW pipes
- S.S Large Diameter Pipes (EFW)
- S.S welded Tubes
This is all about the Prakash Steelage Products List. The company has a total 250+ clients in the world with 5+ branch offices. The company is mainly focused on B2B business.
The customer base of the company, which includes a diversified set of sectors like the chemical sector, pharmaceuticals, pumps and valves, chemicals & fertilizers, automobiles, and oil and gas power.
Next we discuss market overview after that we move towards your favourite topic 😄💵 Prakash Steel Share price target 🎯📈
Prakash Steelage Market overview
Price summary
- Today’s High – ₹ 9.73
- Today’s low – ₹ 8.46
- 52 week high – ₹ 16.20
- 52 week low – ₹ 5.65
- Upper Circuit – ₹ 10.18
- Lower Circuit – ₹ 6.79
| TERMS | VALUE |
|---|---|
| Market Capitalization | ₹ 148.40 Cr. |
| Entreprise Value | ₹ 147.74 Cr. |
| No of Share | 17.50 Cr. |
| P/E | 4.07 |
| P/ B | 18.37 |
| Face value | ₹ 1 |
| Div yeild | 0% |
| Book Value | ₹ 0.46 |
| Cash | ₹ 0.80 Cr. |
| Debt | ₹ 0.14 Cr. |
| Promoter holding | 33.55% |
| EPS | ₹ 2.08 |
| Sales Growth | 11.37% |
| ROE | 0% |
| ROCE | 0% |
| Profit Growth | 1297.10% |
Top peers comparison of Prakash Steelage with their approx Market capitalization.
Read also TPL plastech share price target 2025
Here are the Top 3 competitor analysis of Prakash Steelage.
1. Garg Furnace
- Garg Furnace hold a Market Capitalization of ₹ 157.39 Cr. and Share price Trading at ₹ 291 per share.
- Garg Furnace Specialized in manufacturing iron and steel products, such as MS round wire rods and premium quality non-alloy and alloy steel, international quality standards.
2. Shah Alloys
- Shah Alloys holds a Market capitalization of ₹ 161.29 Cr. and Share price Trading at ₹ 81.45 per share.
- Shah Alloys Specialized in the manufacturing of stainless, alloy, & special steel, armor steel, and many more products, Shah Alloys is a niche player in the steel industry.
3. LA TIM Metal & Industries Ltd.
- LA Tim Metals Holds a market Capitalization of ₹ 194.07 Cr. and Share price Trading at ₹ 14.65 per Share.
- This company is offering trading color-coated coils and profile sheets and providing end-to-end solutions, which include manufacturing and processing of metals as per the customer requirement.
So, in this part you learn about the competitors of Prakash Steelage. Now, after understanding many things about the company, we are slowly moving towards your favorite topic: the Prakash Steelage share price target 2025 to 2050.
Share price Chart of Prakash Steelage
In the previous part we discussed many things in company analysis, which includes company introduction, products, market overview, and peer comparison. Now come to the Prakash Steelage share price chart. So, After seeing this chart, what do you understand? Let’s discuss
First chart you see this chart is the live Tradingview chart, which you can scroll to see previous prices
In the bottom of the second chart you see the graph this is called volume,So currently Prakash Steelage Share price Trading at ₹ 9.78 per share.
Now Start analysis with weekly chart because long term Target required High timeframe 📈 charts.
In January 2021, the share price was trading at Rs 0.85 per share; after that, the price continuously increased and touched the high of Rs 9.35 per share in December 2021. Then the price again fell to Rs 3.50 per share in April 2023.
From May 2023, shares again started increasing and touched the high of Rs 16.36 per share, and now shares are falling and consolidating near Rs 9 per share.
In next part we discuss share holding pattern of Prakash Steelage after we move to prakash Steelage Share price target 2025.
Prakash Steelage Share holding pattern
- Promoter – 33.35%
- Public – 66.45%
- FIIs – 0%
- DIIs – 0 %
Promoter pledging
| Date | Promoter % | Pledge % |
|---|---|---|
| Sep 2024 | 33.55 | 0.10 |
| June 2024 | 33.52 | 5.41 |
| Mar 2024 | 33.52 | 0.10 |
| Dec 2023 | 33.51 | 0.10 |
| Sep 2023 | 33.48 | 0.10 |
Prakash Steelage Financial
Profit and Loss all figures are In Cr.
Particular | MAR 2021 | MAR 2022 | MAR 2023 | MAR 2024 |
Net Sales | 24.47 | 46.22 | 94.97 | 105.77 |
Total Expenditure | 26.71 | 42.59 | 92.49 | 102.22 |
Operating profit | -2.24 | 3.63 | 2.49 | 3.56 |
Other income | 0.91 | 39.52 | 1.60 | 21.03 |
Interest | 0.22 | 3.16 | 0.09 | 0.19 |
Depreciation | 1.52 | 0.94 | 0.91 | 0.86 |
Expectional Items | 47.37 | 123.98 | 0 | 34.77 |
Profit before Tax | 44.30 | 163.03 | 3.09 | 58.30 |
Tax | -6.45 | -0.48 | -1.06 | 0.42 |
Net Profit | 50.76 | 163.50 | 4.15 | 57.89 |
Adjusted EPS Rs | 2.90 | 9.34 | 0.25 | 3.31 |
Now discuss recent financial result.
Quarterly Revenue Prakash Steelage is at Rs 24 Cr growth is -21.7% YOY and Net profit of this quarter is Rs 0 Cr growth is -65.2% YOY.
The company’s recent financial performance was poor. Keep track of the company’s financial performance and invest money in those companies whose finances are continuously increasing.
This is all about Prakash Steelage Share price target 2025 Financial
Prakash Steelage Share Price Target 2025, 2030, 2040, 2050
| Target Years | Target Rs 🎯 |
|---|---|
| 2025 | 19.20 |
| 2026 | 25.65 |
| 2027 | 39.25 |
| 2028 | 42.60 |
| 2029 | 48.90 |
| 2030 | 59.10 |
| 2040 | 128.70 |
| 2050 | 215.70 |
So Now let’s discuss Minimum And Maximum share Price Target
Prakash Steelage Share Price Target 2025 💵
| Months | Targets 🎯 |
|---|---|
| January | 12.20 |
| February | 12.70 |
| March | 13.80 |
| April | 14.50 |
| May | 15.70 |
| June | 15.90 |
| July | 16.05 |
| August | 17.00 |
| September | 19.80 |
| October | 18.20 |
| November | 17.10 |
| December | 18.15 |
Prakash Steelage Share Price Target 2026 💵
| Months | Targets 🎯 |
|---|---|
| January | 17.30 |
| February | 18.80 |
| March | 19.75 |
| April | 20.00 |
| May | 21.25 |
| June | 22.40 |
| July | 22.10 |
| August | 23.10 |
| September | 20.50 |
| October | 22.60 |
| November | 24.60 |
| December | 25.90 |
Prakash Steelage Share price target 2027 💵
| Months | Target 🎯 |
|---|---|
| January | 25.00 |
| February | 26.10 |
| March | 26.50 |
| April | 27.00 |
| May | 25.70 |
| June | 26.20 |
| July | 29.20 |
| August | 32.10 |
| September | 33.70 |
| October | 34.25 |
| November | 35.35 |
| December | 37.10 |
Prakash Steelage Share Price Target 2028 💵
| Months | Target 🎯 |
|---|---|
| January | 36.80 |
| February | 35.10 |
| March | 34.80 |
| April | 33.20 |
| May | 35.10 |
| June | 36.20 |
| July | 37.55 |
| August | 38.00 |
| september | 39.40 |
| October | 40.10 |
| November | 41.10 |
| December | 42.30 |
Prakash Steelage Share price Targe 2029. 💵
| Months | Target 🎯 |
|---|---|
| January | 39.10 |
| February | 37.20 |
| March | 39.70 |
| April | 40.10 |
| May | 41.10 |
| June | 41.90 |
| July | 42.20 |
| August | 44.10 |
| September | 45.00 |
| October | 46.30 |
| November | 47.10 |
| December | 48.40 |
Prakash Steelage Share Price Target 2030 💵
| Months | Targets🎯 |
|---|---|
| January | 48.10 |
| February | 47.00 |
| March | 49.80 |
| April | 50.10 |
| May | 51.80 |
| June | 52.65 |
| July | 50.10 |
| August | 52.70 |
| September | 53.75 |
| October | 54.00 |
| November | 55.80 |
| December | 58.90 |
Prakash Steelage Strength 👍 and Weakness 👎
Strength
- Company has Shown good Revenue of 62.90% for past 3 Years.
- The Company has Significantly decreased its debt by 28.60 Cr.
- Company is Virtually Debt free.
- Company PEG ratio is 0.00
- The Company has efficient cash conversion cycle of -70 days.
Weakness
- The company has poor Profit Growth at 4.48% for past 3 years.
- Company has poor ROE of 0% from past 3 Years.
- Company has Contingent liabilities of 17.50 Cr.
- Company has poor ROCE of 0% from past 3 years.
Company Annual Report and Credit rating
Conclusion
So, how was the article? Hope you like the article. All these targets are based on Technofunda analysis (technical + fundamental). We discussed many things about the company; this time is yours.
By making the right decision to invest, we will update every quarter’s financial performance on our website.
FAQs
What is the prakash Steelage Share price target in 2025?
In 2025 Stock can touch Rs 19 per share by year ending 2025.
Who is the owner of Prakash Steel?
Prakash kanugo is the owner of Prakash Steelage limited.
Who is the CFO of Prakash Steelage?
Mr. Ashok is CFO of Prakash Steelage limited.
What is the capacity of Prakash Steelage?
Company plant total capacity is 15,600 MTPA.
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