Equity ratings for PRAKASH INDUSTRIES are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 7th of October 2019 and ending today, the 26th of September 2021. Click here to learn more.
PRAKASH INDUSTRIES cannot be verified against its exchange. Apparently, PRAKASH INDUSTRIES is not available for investing at the moment. Please verify the symbol is currently traded on National Stock Exchange of India. If you still believe the symbol you are trying to look up is valid please let us know and we will check it as soon as possible.


Prakash Industries Limited operates as an integrated steel and power company in India. The company was founded in 1980 and is based in New Delhi, India. PRAKASH INDUSTRIES operates under Steel classification in India and is traded on National Stock Exchange of India. It employs 2758 people.. The public information regarding PRAKASH INDUSTRIES's current market price is not available at this time.
PRAKASH INDUSTRIES is not yet fully synchronised with the market data
PRAKASH INDUSTRIES has some characteristics of a very speculative penny stock
PRAKASH INDUSTRIES has high likelihood to experience some financial distress in the next 2 years
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of PRAKASH INDUSTRIES's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Not RatedUndervalued
PRAKASH INDUSTRIES (PRAKASH) is traded on National Stock Exchange of India in India and employs 2,758 people. The company currently falls under 'Mid-Cap' category with current market capitalization of 8.43 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate PRAKASH INDUSTRIES's market, we take the total number of its shares issued and multiply it by PRAKASH INDUSTRIES's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and these looking for more risk prefer small-cap and mid-cap equities. PRAKASH INDUSTRIES operates under Basic Materials sector and is part of Steel industry. The entity has 171.26 M outstanding shares. PRAKASH INDUSTRIES has accumulated about 235 M in cash with 4.76 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.5.
Check PRAKASH INDUSTRIES Probability Of Bankruptcy

PRAKASH Stock Against Markets

Picking the right benchmark for PRAKASH INDUSTRIES stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in PRAKASH INDUSTRIES stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for PRAKASH INDUSTRIES is critical whether you are bullish or bearish towards PRAKASH INDUSTRIES at a given time.
PRAKASH INDUSTRIES cannot be verified against its exchange. Apparently, PRAKASH INDUSTRIES is not available for investing at the moment. Please verify the symbol is currently traded on National Stock Exchange of India. If you still believe the symbol you are trying to look up is valid please let us know and we will check it as soon as possible.

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One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with PRAKASH INDUSTRIES stock to make a market-neutral strategy. Peer analysis of PRAKASH INDUSTRIES could also be used in its relative valuation, which is a method of valuing PRAKASH INDUSTRIES by comparing valuation metrics with similar companies.
Check out Your Equity Center. Note that the PRAKASH INDUSTRIES information on this page should be used as a complementary analysis to other PRAKASH INDUSTRIES's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.

Other Tools for PRAKASH Stock

When running PRAKASH INDUSTRIES price analysis, check to measure PRAKASH INDUSTRIES's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy PRAKASH INDUSTRIES is operating at the current time. Most of PRAKASH INDUSTRIES's value examination focuses on studying past and present price action to predict the probability of PRAKASH INDUSTRIES's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move PRAKASH INDUSTRIES's price. Additionally, you may evaluate how the addition of PRAKASH INDUSTRIES to your portfolios can decrease your overall portfolio volatility.
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