PRAKASH.NS Stock Analysis
PR
Neutral
Based on Eyestock quantitative analysis, PRAKASH.NS`s fundamental data and valuation indicate an investment grade of Neutral at the current time.
Rating
To assess the quality of a company's business, we have collected all financial data from the statements and presented them in the form of a single number - the company's rating. Rating value of 100 is the threshold for determining a viable investment.
Moderate score
Upside
To determine whether the current price is a reasonable to buy a stock, we compare it to our estimate of fair value. The more undervalued a stock is, the higher the upside.
Overvalued
Prakash Industries Ltd. engages in the businesses of mining, wind power, and steel and power generation. The company is headquartered in New Delhi, Delhi and currently employs 2,355 full-time employees. The firm is also engaged in iron ore and coal mining businesses. The firm is engaged in extraction of iron ore from Sirkaguttu Mine in Keonjhar district of Odisha. The firm is also focused on operating Bhskarpara Coal Mine in Chhattisgarh. The firm's products include sponge iron, ferro alloys, steel blooms and billets, TMT Bars, Wire Rods, and HB Wires. The company operates a captive power plant to meet the requirement of power in steel making at its Integrated Steel Plant using Waste Heat Recovery Boilers and Fluidized Bed Boilers. The firm has also set up Wind Power Generating Farms at Muppandal in the state of Tamilnadu.