SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Prakash Industries trades higher on the bourses

18 Dec 2017 Evaluate

Prakash Industries is currently trading at Rs. 158.00, up by 9.55 points or 6.43% from its previous closing of Rs. 148.45 on the BSE.

The scrip opened at Rs. 149.00 and has touched a high and low of Rs. 163.25 and Rs. 140.30 respectively. So far 971479 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 163.25 on 18-Dec-2017 and a 52 week low of Rs. 42.10 on 22-Dec-2016.

Last one week high and low of the scrip stood at Rs. 163.25 and Rs. 140.30 respectively. The current market cap of the company is Rs. 2418.01 crore.

The promoters holding in the company stood at 40.79%, while Institutions and Non-Institutions held 11.68% and 47.52% respectively.

Prakash Industries has received an approval for outstanding payment to FCCB holders. The company’s board of directors has passed resolution on December 18, 2017 for approval of payment in respect of outstanding obligations of the company on $17.85 million cash consideration due on 5.25 percent April, 2015 FCCBs as per agreed terms with FCCB holder. The payment will be made by the company on or before March 31, 2018. 

Prakash Industries is the largest manufacturer of PVC pipes and fitting in North India. It is a brand that consumers have trusted since last 37 years.

Prakash Inds. Share Price

143.95 3.10 (2.20%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Tata Steel 212.05
JSW Steel 1239.90
SAIL 173.50
Jindal Stainless 787.90
APL Apollo Tubes 2105.45
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×