About Prakash Steelage Ltd.
Prakash Steelage Limited, a part of Prakash Group, was established in the year 1996. The company is today known as a leading manufacturer of high quality stainless steel seamless and welded pipe tubes and U-tubes.
The company offers a wide range of products to the customers as per their needs. And this company is mainly engaged in the production of stainless steel seamless and welded pipes, tubes and U-tubes.
The company has two units located at Silvassa in Dadra and Nagar Haveli and Umargaon in Gujarat with total installed production capacity of 15600 MTPA.
The company has a wide customer base covering industries including oil and gas, power, pharmaceutical, petrochemical, sugar, dairy, automobile and many more.
And also the products of this company have been widely accepted in the markets of North America, Southeast Asia, Africa, Middle East and Europe.
Prakash Steelage Share Price Target 2024,2025,2028,2030,2040
Hello friends, welcome to our share price target. Here in this article, we are going to tell you about Prakash Steelage Share Price Target 2024,2025,2028,2030,2040.
Along with the share price target, we are also going to give you basic and necessary information about the COMPANY.
If you are a If you are an investor then this article is going to be very informative for you as well as it will help you in taking decision to invest in the company. We hope that you will like our article and if you like our article then please rate it and share it with your friends. So let us know in detail:-
We here at financesharetargets. in is going to give you approximate information about stock forecast, price forecast and target for 2024, 2025, 2028, 2030 and 2040. Please keep one thing in mind that this forecast, prediction or any target is only an estimate given by our analysis.
suggestion. It is almost impossible for any forecast/prediction to be correct. Errors are always present in any analysis, but we try our best to give you good price stock forecasts/predictions.
Prakash Steelage Share Price Target 2024
Prakash Steelage Ltd. Mainly engaged in manufacturing high quality stainless steel seamless and welded pipe tubes and U-tubes. About 75% of its revenue comes from the sugar sector.
If we look at the return of Prakash Steelage on NSE for the last 5 years, it is approximately 2,700.00%, while if we look at the return of the last 6 months, the company has given a return of approximately 70.43% in the last 6 months.
Also, at present the company is performing well and moving forward, since its listing, the company has earned good returns to its shareholders, this shows the good performance of the company, considering that in this year, the analysts.
It is estimated that the first target for Prakash Steelage Share Price Target 2024 will be at ₹ 11.70 and the second target at ₹ 15.60.
Prakash Steelage Share Price Target 2025
The company is a well-known player in the steel segment and its products have been widely accepted globally in the markets of North America, South East Asia, Africa, Middle-East and Europe.
In this way the company is an expanding company and is continuously working towards furthering this expansion. Talking about the market cap of the same company, its market cap is around Rs 170.80Cr crore and the company is a small cap company, and it has always been seen that small cap company gives a better return.
The same company is constantly trying to expand its market cap. Working for. However, according to the data of Prakash Steelage in December 2023, there has been a slight decline in the net profit margin and net income of the company,
after which the company is continuously working to strengthen it, from this it can be estimated that in the near future With its further development in the future, Prakash Steelage Share Price Target by 2025, the first target can be at ₹18.80 and the second target can be at ₹22.12.
Prakash Steelage share price target 2028
The company currently has a large production capacity with which the company is producing well and the company continuously uses state-of-the-art facilities for its development.
The company has two main integrated units from which the company produces in huge quantities.
Thus, the company is continuously working for its development and its impact can also be seen from which it can be estimated that the company can develop further in the coming time due to which Prakash Steelage share price target for 2028. The first target can be at ₹25.10 and the second target can be at ₹27.90.
Prakash Steelage Share Price Target 2030
The company is a leading manufacturer of stainless steel seamless and welded pipe tubes and U-tubes with its large production capacity, and is continuously working for its expansion in this field.
Due to which good growth of the company can be expected in the coming time also. Because considering its expansion, the possibilities of good growth of the company in the coming time can also be estimated higher,
seeing this, according to our analysis, the first target for Prakash Steelage Share Price Target 2030 can be at ₹ 31.60 and the second target can be at ₹ 36.50.
Prakash Steelage Share Price Target 2040
The way the company is growing with its large production capacity and its products have been widely accepted globally and the pipes and tubes manufactured by it are recognized for their quality and the stainless steel,
welded pipes and tubes manufactured by it are It is used in various fields of construction, and hence it also has a large customer base.
In this way, the company is continuously expanding and moving ahead in its segment, due to which good growth of the company can be expected.
Due to this, the possibilities of good growth of the company in the coming time can also be estimated more, considering this, our analysis According to Prakash Steelage Share Price Target for 2040, the first target can be ₹ 45.50 and the second target can be ₹ 50.10.
Conclusion :
In this way Prakash Steelage ltd. It has a large production capacity as well as a strong customer base, and the company has been providing good returns to its investors over the years, and the company is continuously using state-of-the-art facilities for development to increase its production.
It has two main units from which the company produces large volumes of products and through this, the company has a strong and reliable customer service record which shows how committed the company is to its work. Similar benefits can be expected in future also.
