Shares of Prakash Industries zoomed up to 7.9 per cent at Rs 208.95 per share on the BSE in Friday’s intraday trade

Prakash Industries surges 8% on getting final nod for Bhaskarpara coal mine

Dolly Khanna purchased a one per cent stake in Prakash Industries Limited during the September quarter. She now owns a 3.24 per cent stake in this company.

Prakash Industries To Chennai Petroleum Corporation, Dolly Khanna’s Multibagger Stocks - News18

Vishnu Prakash IPO: Vishnu Prakash Industries’ unlisted shares are currently trading Rs 54 higher in the grey market; IPO of Vishnu Prakash R Punglia Ltd was subscribed 87.81 times on the last day of bidding

Vishnu Prakash IPO: 87.81 Times Subscription On Last Day, Check GMP Today - News18

According to the prosecution, an allegation was made against Prakash Industries Ltd., which had applied for the coal block in January 2007, that it had furnished false information about its capacity

Coal Scam: Delhi Court Awards 3-year Jail Term to Former Steel Ministry Official - News18

Sequentially, the company’s profits were higher by 54 per cent, compared to Rs 57.96 crore in the previous quarter.

Prakash Industries shares surge on Q1 performance

Prakash Industries and its related companies were allegedly involved in coal-block allocation cases being pursued by investigating agencies. The ED is probing a money-laundering case linked to the allocation.

Delhi HC quashes ED order on attachment of assets over coal deal

Prakash Industries standalone net profit rises 2.07% in the March 2022 quarter

Buzzing stocks: HDFC, PNB Housing, PTC India FInancial, ZEEL, IEX, Axis Bank, Burger King, Chennai Petroleum Corporation, Greenpanel, HDFC AMC, Reliance Home Finance, SBI Cards, Shriram Transport Finance, Exide Ind, Prakash Industries, TItagarh Wagon, HFCL, Sterlite Tech

Stocks that will see action on January 24, 2022

Mishra is a Chartered Accountant and has experience of more than two decades.

Prakash Industries appoints Deepak Mishra as Chief Financial Officer with effect from today; Stock jumps 4%

Prakash Industries declined 3.83% to Rs 51.50 after P. L. Gupta resigned as Whole-time Director designated as Director (Finance) and Chief Financial Officer (CFO) of the company with effect from 18 December 2021 due to personal reasons.

Prakash Industries skids after CFO P. L. Gupta steps down

The auction was carried under Tranche-V in the CPP subsector.

Prakash Industries secures long-term coal linkages of over 8.10MT yearly for captive power plant in a Coal India-led auction

Hasn't fared well - amongst the low performers

Performance

Can be considered moderately valued vs the market

Valuation

Financials growth has been moderate for a few years

Growth

Showing good signs of profitability & efficiency

Profitability

The stock is underpriced and is not in the overbought zone

Current price is less than the intrinsic value

Fundamentals

Good time to consider, stock is not in the overbought zone

Technicals

Entry point

Promoter pledged holding

Unsolicited messages

Default probability

Red flags

Prakash Industries Limited is engaged in mining, steel and power operations through manufacturing of MS billet, ferroalloys, MS thermo mechanically treated (TMT) and MS coil, and allied and HB wire rod.