Prakash Steelage Ltd
Returns vs FD ratesFixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's return on equity is lower than this rate, investors are better off investing the amount in a FD
Insufficient Data
Dividend ReturnsA dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company
Insufficient Data
Entry PointHigh demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock
Good time to consider, as stock is not in overbought zone
No Red FlagsASM and GSM lists are measures to safeguard investors against volatility and unjustified stock prices. Pledging holdings means taking loans against held promoter shares. Stocks in ASM/GSM list or with high pledged promoter holding should be handled with caution. Unsolicited tips are sometimes circulated to manipulate the market. Beware of these stocks
Stock not in ASM/GSM lists and not a lot of promoter holding is pledged
Prakash Steelage Ltd
PRAKASHSTL
Price Chart
Intrinsic ValueIntrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa
Insufficient Data
Returns vs FD ratesFixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's return on equity is lower than this rate, investors are better off investing the amount in a FD
Insufficient Data
Dividend ReturnsA dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company
Insufficient Data
Entry PointHigh demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock
Good time to consider, as stock is not in overbought zone
No Red FlagsASM and GSM lists are measures to safeguard investors against volatility and unjustified stock prices. Pledging holdings means taking loans against held promoter shares. Stocks in ASM/GSM list or with high pledged promoter holding should be handled with caution. Unsolicited tips are sometimes circulated to manipulate the market. Beware of these stocks
Stock not in ASM/GSM lists and not a lot of promoter holding is pledged
Key Metrics
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Price Upside
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Company Profile
Prakash Steelage Limited is a manufacturer of stainless steel seamless and welded pipes, tubes and U-tubes. The Company is also engaged in trading of stainless steel tubes and pipes.
PeersCompare with peers
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Holdings TrendDetailed holdings
Total Promoter HoldingIncreasing promoter holding is considered good and reflects management’s positive view about the future outlook
In last 6 months, promoter holding in the company has almost stayed constant
Low Pledged Promoter HoldingLower pledged promoter holdings is considered better
Pledged promoter holdings is insignificant
Mutual Fund HoldingIncreasing Mutual Fund holdings are generally considered good, as it reflects that fund managers are becoming more bullish about the stock
In last 3 months, mutual fund holding of the company has almost stayed constant
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Copy of Newspaper Publication
Pursuant to Regulation 30 and 47 read with PART A of Schedule III of SEBI (Listing Obligation and Disclosure requirements) Regulations, 2015 ( Listing Regulation ), the Company hereby informs that, a notice to the shareholders has been published in the Business Standard (English newspaper) and The Global Times (Marathi newspaper) today, under applicable provision of the Companies Act, 2013 read with Investor Education and Protection Fund Authority (Accounting, Audit, Transfer and Refund) Rules, 2016 as amended from time to time. As required under Regulation 46 of the Listing Regulation, the said notice have also been placed on the company s website at www.prakashsteelage.com.Kindly take the same on your record. | Download
Pursuant to Regulation 30 and 47 read with PART A of Schedule III of SEBI (Listing Obligation and Disclosure requirements) Regulations, 2015 ( Listing Regulation ), the Company hereby informs that, a notice to the shareholders has been published in the Business Standard (English newspaper) and The Global Times (Marathi newspaper) today, under applicable provision of the Companies Act, 2013 read with Investor Education and Protection Fund Authority (Accounting, Audit, Transfer and Refund) Rules, 2016 as amended from time to time. As required under Regulation 46 of the Listing Regulation, the said notice have also been placed on the company s website at www.prakashsteelage.com.Kindly take the same on your record. | Download
Certificate under SEBI (Depositories and Participants) Regulations, 2018
The details of securities dematerialized during the quarter ended June 30, 2021 as required under Regulation 74(5) of SEBI (Depositories and Participants) Regulations 2018, have been furnished to all the stock exchanges where the shares of the Company are listed.The letter dated July 7, 2021 confirming this from our Registrar and Transfer Agent Bigshare Services Private Limited is enclosed for your reference.Kindly take the above on your record. | Download
The details of securities dematerialized during the quarter ended June 30, 2021 as required under Regulation 74(5) of SEBI (Depositories and Participants) Regulations 2018, have been furnished to all the stock exchanges where the shares of the Company are listed.The letter dated July 7, 2021 confirming this from our Registrar and Transfer Agent Bigshare Services Private Limited is enclosed for your reference.Kindly take the above on your record. | Download
Cash Dividend
Final • Div/Share: ₹ 0.5
Intrinsic ValueIntrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa
Insufficient Data