Current price is less than the intrinsic value

Intrinsic Value

Returns vs FD rates

Dividend Returns

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

Entry Point

Stock not in ASM/GSM lists and not a lot of promoter holding is pledged

No Red Flags

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

The Financial News section features stock market news in addition to stories about bonds, forex, commodities and economic releases.

BRIEF-Prakash Pipes Says Dec Quarter PVC Pipes Production Up 9% - Investing.com India

Jindal Worldwide Ltd, Maan Aluminium Ltd, Magal Automotive Ltd and Prakash Pipes Ltd are among the other losers in the BSEs B group today, 05 January 2021.

Surana Telecom and Power Ltd leads losers in ‘B’ group

The client company bought the company’s stock on Thursday.

Prakash Pipes stock touches a record high on bulk buying by Alpha Leon

Stocks that were in focus on Thursday include Prakash Pipes which rallied 19 percent, GATI (up over 3 percent) and Borosil Renewables which wiped out gains after hitting a 52-week high of Rs 323.25.

Trade Spotlight: What Should Investors Do With Prakash Pipes, GATI & Borosil Renewables?

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.

Prakash Pipes Ltd

Prakash Pipes Ltd

Intrinsic Value
Intrinsic 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

Returns vs FD rates
Fixed 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

Dividend Returns
A 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

Entry Point
High 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

News & Opinions

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

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

Prakash Pipes stock closes 6% lower after Q3 results

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

Prakash Pipes Ltd

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

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

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

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

News & Opinions

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

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

Prakash Pipes stock closes 6% lower after Q3 results

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

Intrinsic Value
Intrinsic 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

Returns vs FD rates
Fixed 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

Dividend Returns
A 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

Entry Point
High 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