Prakash Industries Share Price Target 2026, 2027, 2028, 2029, 2030

Prakash Industries Share Price Target 2026, 2027, 2028, 2029, 2030:- Established in 1980, Prakash Industries has a variety of businesses. To become a part of the Surya Roshni group, the company was founded by Mr. B.D. Agarwal. Today, we will analyze the complete business details of the company and also look at the future prospects of the business, which will give us an idea of what the share price target for Prakash Industries might be.

With the help of this article, we will attempt to share some details about the shares of Prakash Industries.

Prakash Industries Share Price Target

Prakash Industries Share Price Target 2026

Prakash Industries was established in 1980 with a strong vision of being an integrated steel and power company. Providing stable value to all its stakeholders, PIL is known today for its quality products at competitive prices.

Over the past few years, the company has expanded its reach across the Indian subcontinent. With its powerful technology products, PIL is in the process of becoming a first-mover in a challenging field.

The first target price for Prakash Industries Share Price Target 2026 is estimated to be ₹130. The second target price for Prakash Industries is expected to be around ₹140.

Prakash Industries Share Price Target 2026 Table

YearPrakash Industries Share Price Target 2026
First Target 2026Rs 130
Second Target 2026Rs 140

Prakash Industries Share Price Target 2027

Prakash Industries is introducing new methods to reduce costs and increase resource utilization. As part of this effort, the company has established an integrated steel plant with modern technology in Champa, Chhattisgarh.

This specially designed plant uses state-of-the-art sponge metal anchors acquired from Lurgi of Germany, which is the only known technology in the world for coal-based sponge iron production. The kilns use sponge iron in the company’s metallurgy store, producing high-quality billets and blooms. These are used to create high-quality steel products within PIL.

The first distribution price target for Prakash Industries Share Price Target 2027 will be ₹160. The second share target will be able to manage ₹170.

Prakash Industries Share Price Target 2027 Table

YearPrakash Industries Share Price Target 2027
First Target 2027Rs 160
Second Target 2027Rs 170

Prakash Industries share price Target 2028

The company adopts a fully integrated approach, which is why the quality of its products is unparalleled.

The key to such high-quality products is the commitment to using the best raw materials. Therefore, the company is emphasizing backward integration to ensure a seamless supply of quality materials.

Prakash Industries’ share price target is expected to reach ₹190 by 2028. The second target price for Prakash Industries will be ₹200.

Prakash Industries share price Target 2028 Table

YearPrakash Industries share price Target 2028
First Target 2028Rs 190
Second Target 2028Rs 200

Prakash Industries Share Price Target 2029

Currently, the company operates a captive power generation industry, making it fully self-sufficient in its integrated steel industry and future expansion projects.

Boiler installations based on low-cost fuel and the use of the latest wind turbines have helped PIL increase power production in the steel industry and focus on its expansion plans.

Prakash Industries’ share price target is expected to reach ₹220 by 2029. The second target price for Prakash Industries will be ₹240.

Prakash Industries Share Price Target 2029 Table

YearPrakash Industries Share Price Target 2029
First Target 2029Rs 220
Second Target 2029Rs 240

Prakash Industries Share Price Target 2030

Prakash Industries aims to become a learning and knowledge-based organization. By delivering high-quality products to its customers, it aims to establish itself as a preferred supplier.

The company strives to become one of the most competitive steel producers in the industry and generate wealth for its customers, community, and nation.

The first target price for Prakash Industries’ Share Price Target 2030 is projected to reach ₹260. By the end of 2030, the second target price for Prakash Industries is expected to be ₹280.

Prakash Industries Share Price Target 2030 Table

YearPrakash Industries Share Price Target 2030
First Target 2030Rs 260
Second Target 2030Rs 280

Future Prospectus of Prakash Industries Share

As per its expansion plans in the steel industry, Prakash Industries has decided to focus on expanding its power generation industry by incorporating the latest power plant technologies that include reducing fuel consumption.

The increase in demand for electricity has made the power sector even more challenging and competitive, prompting the company to focus on power generation as a pressure point.

The company’s goal is to achieve full development through dedicated efforts aimed at high productivity, continuous growth, and technological advancement

Prakash Industries Share F.A.Q.

Who are the MD and CEO of Prakash Industries?

M.L. Parikh is the MD and CEO of Prakash Industries.

– Where is the headquarters of Prakash Industries located?

The headquarters of Prakash Industries is in Haryana, India.

In which industries does Prakash Industries operate?

Prakash Industries is primarily engaged in the sectors of mining, steel, and power, with a strong focus on these core capabilities.

Conclusion

I hope that after reading our analysis on Prakash Industries’ Share Price Targets for 2026, 2027, 2028, 2029, and 2030, you’ve gained a good understanding of the potential growth trajectory of the company. If you still have any questions, feel free to let me know in the comments. And remember to stay connected with Market in India for updates on such crucial information related to the stock market.

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