Prakash Industries gets NCLT’s nod for demerger scheme

Date: 18-03-2019

The National Company Law Tribunal (NCLT), Chandigarh Bench, has sanctioned the Scheme which provides for the demerger of Prakash Industries’ business of PVC Pipes & Fittings and Flexible Packaging into Prakash Pipes. The certified copy of the Order from the NCLT is awaited.

Prakash Industries is an integrated steel and power company. Its products include coal mines, iron ore mines, sponge iron, power, steel melting shop and ferro alloys.

Latest Financials

Latest Financials

 - Prakash Industries Ltd.

  Standalone Consolidated
TTM EPS (Rs) 31.48 22.55
TTM Sales (Rs. Cr.) 3,588 2,935
BVPS (Rs.)
The total value that a company will fetch upon liquidation (if it is closed down), after settling all obligations is called its Book Value. Book value of a company includes only tangible assets. Book value allocated to each outstanding share is called Book Value per share
176.34 165.44
Reserves (Rs. Cr.)
The term reserve represents a part of shareholders' equity, except for basic share capital. Reserves are created from retained earnings and shareholders' contributions in the form of share premium etc.
2,849 2,662
P/BV
Price to Book Value is the ratio of stock's market value to its book value. It gives some idea of whether investors are paying too much for what would be left if the company went bankrupt immediately. To get high returns, it is advisable to invest in a company which satisfies all the criteria set by MoneyWorks4me and which has low price to book value ratio.
0.28 0.30
PE
It is the ratio of market price and earnings per share. It shows what the market is willing to pay for the company's earnings. To get high returns it is advisable to invest in the company which satisfies all the criteria set by MoneyWorks4me and which has low price to earnings ratio as compared to the industry.
1.57 2.19
From the Market
52 Week High / Low (Rs) 165.85/47.15
All Time High / Low (Rs) 354.60/1.25
Volume Traded 61,341
Market Cap (Rs. Cr.) 845
Equity (Rs. Cr.) 171.26
Face Value (Rs) 10
Industry PE
Industry price to earnings per share tells on an average, what the market is willing to pay for overall earnings in that industry. It can be used as a benchmark price to earnings ratio for the companies in that industry.
6.24
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