Prakash Industries Ltd

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

Open

Prev. Close

Total Traded Value

View details of Market Depth
Fundamental

Market Cap (in crs)

Face Value

Turnover (in lacs)

Key Metrics
Qtr Change %
112.59% Gain from 52W Low
8.9
TTM PE Ratio
Below industry Median
9.2
Price to Book Ratio
Below industry Median
1.1
Dividend yield 1yr %
0
TTM PEG Ratio
PEG TTM is less than 1
0.1
RSI
RSI is mid-range
42.1
MFI
MFI is mid-range
64.9

Prakash Industries Ltd shareholding Pattern

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%
Promoter
43.3%
Foreign Institutions
3.4%
Public
53.2%

Prakash Industries Ltd Technical Analysis

Moving Averages Analysis
Moving Averages Analysis
Current Price
Bullish Moving Averages
6
Bearish Moving Averages
10
5Day EMA
184.40
10Day EMA
188.50
12Day EMA
189.00
20Day EMA
188.50
26Day EMA
187.20
50Day EMA
182.00
100Day EMA
176.00
200Day EMA
162.40
5Day SMA
186.00
10Day SMA
192.70
20Day SMA
191.20
30Day SMA
187.40
50Day SMA
177.70
100Day SMA
171.90
150Day SMA
176.80
200Day SMA
172.50
Delivery & Volume
Resistance & Support
178.74
Pivot
Resistance
First Resistance
181.94
Second Resistance
185.19
Third Resistance
188.39
Support
First Support
175.49
Second support
172.29
Third Support
169.04
Relative Strength Index
42.06
Money Flow Index
64.88
MACD
1.87
MACD Signal
4.92
Average True Range
9.11
Average Directional Index
18.19
Rate of Change (21)
-7.68
Rate of Change (125)
1.64
Peer comparison
Compare
Company
Market Price
Market Cap
52W Low
52W High
Indian Metals & Ferro Alloys Ltd.
3788.12
328.7
877
Kalyani Steels Ltd.
4058.42
371.3
1077.65
Maithan Alloys Ltd.
3387.57
956
1358
Man Industries (India) Ltd.
2952.9
129.8
513
Mukand Ltd.
2418.86
123.75
212.5
Welspun Specialty Solutions Ltd.
-
-
-

Prakash Industries Ltd Company background

Founded in: 1980
Managing director: Vikram Agarwal
Prakash Industries (PIL) was incorporated on 31 Jul.80 as Prakash Pipes and Industries. The company was previously known as PIL Ltd and after that the name was changed to Prakash Industries Ltd. The Company has been engaged primarily in the business of 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

The past 1-year return of Prakash Industries Ltd [PRAKASH] share was 109.46. The Prakash Industries Ltd [PRAKASH] share hit a 1-year low of Rs. 81.09 and a 1-year high of Rs. 223.7.

The Mutual Fund Shareholding was 0.01% at the end of .

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