PRAKASH STEELAGE (India) Today

PRAKASHSTL -  India Stock  

INR 1.80  0.00  0.00%

PRAKASH STEELAGE is trading at 1.80 as of the 5th of August 2021. This is a No Change since the beginning of the trading day. The stock's open price was 1.8. PRAKASH STEELAGE has more than 64 % chance of experiencing financial distress in the next few years of operation. However, it had a very ok returns during the last 90 days. Equity ratings for PRAKASH STEELAGE LTD are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 7th of May 2021 and ending today, the 5th of August 2021. Click here to learn more.
 Market Performance
10 of 100
  Odds Of Distress
Over 64
Follow Valuation Odds of Bankruptcy
Check how we calculate scores

PRAKASH STEELAGE Stock Profile

Prakash Steelage Limited engages in the manufacture and sale of stainless steel welded pipes, tubes, and U-tubes in India. Prakash Steelage Limited was incorporated in 1991 and is based in Mumbai, India. PRAKASH STEELAGE operates under Steel classification in India and is traded on Bombay Stock Exchange. more on PRAKASH STEELAGE
PRAKASH STEELAGE LTD is way too risky over 90 days horizon
PRAKASH STEELAGE LTD may become a speculative penny stock
PRAKASH STEELAGE LTD appears to be risky and price may revert if volatility continues
PRAKASH STEELAGE LTD has high likelihood to experience some financial distress in the next 2 years
The company has accumulated 2.43 B in total debt. PRAKASH STEELAGE LTD has a current ratio of 0.08, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due.
The entity reported the revenue of 297.15 M. Net Loss for the year was (10.25 M) with profit before overhead, payroll, taxes, and interest of 114.31 M.
About 53.0% of the company outstanding shares are owned by corporate insiders
Legal NamePRAKASH STEELAGE LTD
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 STEELAGE's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Strong SellOvervalued
PRAKASH STEELAGE LTD (PRAKASHSTL) is traded on Bombay Stock Exchange in India and employs 58 people. The company currently falls under 'Small-Cap' category with current market capitalization of 239.75 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate PRAKASH STEELAGE's market, we take the total number of its shares issued and multiply it by PRAKASH STEELAGE'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 STEELAGE LTD operates under Basic Materials sector and is part of Steel industry. The entity has 175 M outstanding shares. PRAKASH STEELAGE LTD has accumulated about 9.62 M in cash with 1.39 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.05.
Check PRAKASH STEELAGE Probability Of Bankruptcy
Ownership
PRAKASH STEELAGE LTD shows a total of 175 Million outstanding shares. PRAKASH STEELAGE shows noticeable amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company outstanding shares. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. Remember, it does not matter who owns the company or if the company is currently losing money. If the true value of the company is more than the market pays for it currently, you can still have a good investment opportunity.

Ownership Allocation (%)

Check PRAKASH Ownership Details

PRAKASH Stock Price Odds Analysis

What are PRAKASH STEELAGE's target price odds to finish over the current price? In reference to a normal probability distribution, the odds of PRAKASH STEELAGE jumping above the current price in 90 days from now is about 1.11%. The PRAKASH STEELAGE LTD probability density function shows the probability of PRAKASH STEELAGE stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon PRAKASH STEELAGE has a beta of 0.4889 indicating as returns on the market go up, PRAKASH STEELAGE average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding PRAKASH STEELAGE LTD will be expected to be much smaller as well. Moreover, the company has an alpha of 1.9187, implying that it can generate a 1.92 percent excess return over DOW after adjusting for the inherited market risk (beta).
 Odds Down 1.8HorizonTargetOdds Up 1.8 
98.87%90 days
 1.80 
1.11%
Based on a normal probability distribution, the odds of PRAKASH STEELAGE to move above the current price in 90 days from now is about 1.11 (This PRAKASH STEELAGE LTD probability density function shows the probability of PRAKASH Stock to fall within a particular range of prices over 90 days) .

PRAKASH STEELAGE LTD Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. PRAKASH STEELAGE market risk premium is the additional return an investor will receive from holding PRAKASH STEELAGE long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in PRAKASH STEELAGE. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although PRAKASH STEELAGE's alpha and beta are two of the key measurements used to evaluate PRAKASH STEELAGE's performance over the market, the standard measures of volatility play an important role as well.

PRAKASH Stock Against Markets

Picking the right benchmark for PRAKASH STEELAGE 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 STEELAGE 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 STEELAGE is critical whether you are bullish or bearish towards PRAKASH STEELAGE LTD at a given time.

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Our tools can tell you how much better you can do entering a position in PRAKASH STEELAGE without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

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Please check Your Equity Center. Note that the PRAKASH STEELAGE LTD information on this page should be used as a complementary analysis to other PRAKASH STEELAGE'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 Shere Portfolio module to track or share privately all of your investments from the convenience of any device.

Other Tools for PRAKASH Stock

When running PRAKASH STEELAGE LTD price analysis, check to measure PRAKASH STEELAGE'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 STEELAGE is operating at the current time. Most of PRAKASH STEELAGE's value examination focuses on studying past and present price action to predict the probability of PRAKASH STEELAGE's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move PRAKASH STEELAGE's price. Additionally, you may evaluate how the addition of PRAKASH STEELAGE to your portfolios can decrease your overall portfolio volatility.
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