Prakash Industries share price hit a 52-week low of Rs 18.55 on March 24, 2020 and 52-week high of Rs 64.80 on January 3, 2020. Weak financial performance of the firm coupled with the market crash in March has led to the fall in stock since January 2018.
What is Prakash Industries Ltd?
Prakash Industries (PIL) was incorporated on 31 Jul. ’80 as Prakash Pipes and Industries. The company was previously known as PIL Ltd and after that the name was changed to Prakash Industries Ltd. … The company manufactures PVC pipes, B&W TV picture tubes and video tapes and cassettes.
What stocks should I buy this week?
Latest in Today’s Pick
- Berger Paints (₹749.80): SELL. …
- Strides Pharma Science (₹542.7): Sell. …
- India Glycols (₹857.5): SELL. …
- Steel Authority of India (₹129): Buy. …
- EID Parry (₹472.4): BUY. …
- Equitas Small Finance Bank (₹68.6): BUY. …
- Mahindra & Mahindra (₹878.15): BUY. …
- NHPC (₹30.25): Buy.
What rain industries do?
Rain Industries Limited (RAIN) is one of the world’s leading producers of calcined petroleum coke, coal tar pitch and other high-quality basic and specialty chemicals. The group continues to grow through capacity expansions, and mergers and acquisitions across the world.
Is Rain Industries Debt Free?
What Is Rain Industries’s Debt? The image below, which you can click on for greater detail, shows that Rain Industries had debt of ₹79.2b at the end of June 2021, a reduction from ₹87.7b over a year. However, because it has a cash reserve of ₹16.5b, its net debt is less, at about ₹62.7b.
Is rain industries a good buy?
The stock has been trading near the day’s high level of Rs 244.6 per share, up around 7 per cent on the BSE intraday today. On the technical front, Choice Broking Executive Director Sumeet Bagadia said Rain Industries is a perfect buy for good returns and says the stock has been breaking the last three day’s high.
Is Reliance Power good to buy?
4. Is Reliance Power a good long term investment? Past 10 years financial track record analysis by Moneyworks4me indicates that Reliance Power Ltd is a below average long term investment. However, you need to ensure you buy at a right price to earn good returns.
What is the stop loss order?
A stop-loss order is an order placed with a broker to buy or sell a specific stock once the stock reaches a certain price. A stop-loss is designed to limit an investor’s loss on a security position. … If the stock falls below $18, your shares will then be sold at the prevailing market price.
Where is Reliance Power Plant?
Rosa Thermal Power Project: 1,200 MW (4×300 MW) coal-based thermal power plant in Rosa village, Shahjahanpur district, Uttar Pradesh. The plant is fully functional. Butibori Thermal Power Project: 600 MW (2×300 MW), at Butibori near Nagpur, Maharashtra. The plant is fully functional.
What does Reliance Power do?
Reliance Power Limited is a part of the Reliance Group, one of India’s largest business houses. The group operates across multiple sectors,including telecommunications, financial services, media and entertainment, infrastructure and energy. The energy sector companies include Reliance Infrastructure and Reliance Power.
Can you buy shares in YouTube?
Like we mentioned earlier, YouTube is owned by Alphabet Inc., so it isn’t possible to buy just YouTube stock. Instead, you can invest in its parent company.
What is best way to invest money?
Best Options for Investment
- Mutual Funds. When it comes to long term wealth creation to achieve financial objectives like retirement or buying a home, equity mutual funds are the best options amongst the other. …
- Real Estate. …
- Stock Market. …
- NPS. …
- PPF. …
- Initial Public Offerings. …
- Systematic Investment Plans.
Is rain an Indian company?
Headquartered in India, RAIN has manufacturing facilities in eight countries across three continents. RAIN’s subsidiary companies – Rain Carbon Inc.
What is the business model of rain industries?
Rain Industries Limited (RIL) erstwhile Rain Commodities Limited is engaged in the business of manufacture and sale of Carbon Products Chemicals and Cement.