Shares of Prakash Pipes have lost 21 per cent from their 52-week high amid the ongoing market turmoil. The stock closed at Rs 165.50 on BSE in the previous session compared to the yearly high of Rs 209.25 hit on April 28, 2022, translating into a decline of 20.90 per cent during the period.

This Dolly Khanna stock slips 21% from 52-week high: Buy, sell or hold?

Prakash Pipes standalone net profit rises 29.70% in the March 2022 quarter

Rakesh Jhunjhunwala was holding 3,12,500 Prakash Pipes shares or 1.31 per cent stake in the company in September 2021 quarter

Rakesh Jhunjhunwala exits this new Dolly Khanna portfolio stock in Q3

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Prakash Pipes में आज खरीदारी की जा सकती है। Stock Day Low से Recover कर रहा है। वहीं Stock पर Volumes देखने को मिल रहा है। जानें Target और Stop Loss, देखें वीडियो

Share Market से जुड़ी हर छोटी या बड़ी खबर, चाहे हो Nifty में आए नए हाई या फिर, हो आपके के लिए स्टॉक्स पर राय, बिजनेस न्यूज हो या पॉलिटिकल न्यूज, कोरोनावायरस की न्यूज हो या फिर इलेक्शन, देखें CNBC Awaaz और रहे हर खबर से updated.


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Prakash Pipes Share News : Day Low से Stock कर रहा Recovery, Volumes में भी दिखी बढ़त | CNBC Awaaz

Prakash Pipes standalone net profit rises 36.43% in the September 2021 quarter

Prakash Pipes standalone net profit rises 44.86% in the June 2021 quarter

Prakash Pipes standalone net profit rises 145.06% in the March 2021 quarter

The Board of Directors of the Company have recommended dividend of Rs1.20 per Equity Share of Rs10 each.

Prakash Pipes reports 44% growth in net profit to Rs36cr; Stock ends 4% up

Prakash Pipes standalone net profit rises 23.82% in the December 2020 quarter

During the quarter, the Company has achieved Net Sales of Rs127cr and EBITDA of Rs16cr, reflecting growth of 37% and 63% respectively over the corresponding quarter of last financial year.

Prakash Pipes stock closes 6% lower after Q3 results

BRIEF-India’s Prakash Pipes Dec-Qtr Net Profit Rises

Price return has been average, nothing exciting

Performance

Seems to be overvalued vs the market average

Valuation

Lagging behind the market in financials growth

Growth

Showing good signs of profitability & efficiency

Profitability

The stock is overpriced but is not in the overbought zone

Current price is more 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 Pipes Ltd makes polyvinyl chloride (PVC) pipes and fittings. The Company provides a range of products, including agri pipes, column pipes, plumbing pipes, casing pipes, soil, waste & rain (SWR) pipes, garden pipes and related fittings.