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PRAKASHPrakash Industries Limited

Metals · Steel · NSE · as of 2026-07-20 (delayed ~30 min in market hours)

124.31
0.21%
32Weak

Price & Volume

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Key Ratios

Market Cap (₹ cr)2,284.70
P/E6.86
P/B0.64
PEG2.45
ROE %9.65
ROCE %8.40
Debt / Equity0.14
EPS18.60
Revenue Growth %8.90
Profit Growth %2.80
Dividend Yield %1.18
Promoter Holding %35.26
FII Holding %2.17
DII Holding %
Beta0.37

“—” means the figure isn't meaningful or isn't published for this company: ROE and Debt/Equity are undefined when shareholder equity is negative (check P/B — negative means negative equity), and DII/MF holding splits aren't provided by our current data source.

Active Pattern Signals

None of the 16 pattern scanners currently detects a setup on PRAKASH — signals appear here automatically when one forms (checked on every data refresh). The Trade Plan on the right always provides stop-loss and target levels regardless.

AVOIDConviction 69%

Why avoid

  • Overall evidence is weak (AlgoScore 32/100)
  • Profit growth: 2.8% YoY
  • ROE: 9.7%
  • RSI: 28
  • MACD: bearish

Bull case

  • Debt/Equity: 0.14
  • Valuation vs sector: P/E 6.9 vs sector 22.8
  • Golden cross setup: SMA50 above SMA200
  • Trend strength (ADX): 37

Bear case

  • Profit growth: 2.8% YoY
  • ROE: 9.7%
  • RSI: 28
  • MACD: bearish

Key risks

  • Weak fundamentals — technical strength may not sustain
  • Momentum is fading versus the broader market
  • Profit growth: 2.8% YoY
  • ROE: 9.7%

Algorithmic analysis for research only — not SEBI-registered investment advice.

Trade Plan

Entry (CMP)
₹124.31
Stop Loss
₹121.49
risk 2.3%
Target 1 (1.5R)
₹128.54
+3.4%
Target 2 (3R)
₹132.76
+6.8%
Support (20d)
₹122.72
Resistance (52w)
₹189.19
Risk : Reward
1 : 1.5 → 1 : 3
risking ₹2.82/share
ATR (volatility)
₹4.26
avg daily range

Stop = 20-day support with a 2.5×ATR risk cap (ATR ₹4.26). Levels recompute on every data refresh. Position sizing and execution are yours — this is analysis, not advice.

Score Breakdown

Fundamental
44
Technical
29
Momentum
10
Risk (safety)
51

Peers — Metals

SHYAMMETL 3.18%
80
JGCHEM 9.82%
77
MBAPL 6.86%
77
LLOYDSME 2.28%
76
GSPCROP 0.47%
74
WELCORP 2.17%
73

About

Prakash Industries Limited operates as an integrated steel and power company in India. The company produces sponge iron; steel blooms and billets; ferro alloys; wire rods and HB wire products for use in binding wires, GL wires, fencing barbed wires, and armored sealed wires for heavy electrical cables, nut bolts, nails, screws, alpine products, wire ropes, wire mesh products, etc.; and TMT bars, structurals. It also engages in the generation of wind power, and mining of iron ore and coal. Prakash Industries Limited was incorporated in 1980 and is based in New Delhi, India.