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MarketScreener Homepage  >  Equities  >  NATIONAL STOCK EXCHANGE OF INDIA  >  Prakash Industries Limited    PRAKASH   INE603A01013

PRAKASH INDUSTRIES LIMITED

(PRAKASH)
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End-of-day quote. End-of-day quote NATIONAL STOCK EXCHANGE OF INDIA - 02/18
85 INR   +0.06%
2018PRAKASH INDUSTRIES LIMITED : annual earnings release
2011PRAKASH INDUSTRIES LIMITED : Ex-dividend day for final dividend
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Prakash Industries : commences trial production of Flexible Packaging

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06/29/2018 | 08:36am EST

Prakash Industries Ltd has announced the completion of its Flexible Packaging Project at Kashipur (Uttarakhand). The trial productions have already started and commercial production is likely to commence from next week onwards.

The flexible packaging plant will be manufacturing high performance barrier films and laminates that find application in packaging of food, beverages, oil, personal care and pharmaceutical products. This plant has been set up adjacent to the existing PVC Pipes & Fittings Plant at Kashipur (Uttarakhand).

The Company is in the process of demerging its PVC Pipes & Fittings business. The Flexible Packaging business will also form part of the resulting company. The Shareholders, Secured Creditors and Unsecured Creditors of the Company have given their consent to the scheme at the meetings convened on 2nd June 2018. Further required approvals to the scheme are in due process.

(c) 2018 The Sun Publishing Limited. All Rights Reserved. Provided by SyndiGate Media Inc. (Syndigate.info)., source Middle East & North African Newspapers

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Financials (INR)
Sales 2019 38 185 M
EBIT 2019 -
Net income 2019 5 604 M
Debt 2019 -
Yield 2019 -
P/E ratio 2019 2,48
P/E ratio 2020 2,09
Capi. / Sales 2019 0,36x
Capi. / Sales 2020 0,31x
Capitalization 13 876 M
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Mean consensus OUTPERFORM
Number of Analysts 1
Average target price 260  INR
Spread / Average Target 206%
EPS Revisions
Managers
NameTitle
M. L. Pareek Chief Executive Officer & Executive Director
Rakesh Kumar President
Ved Prakash Agarwal Chairman
P. L. Gupta Chief Financial Officer & Executive Director
Vikram Agarwal Executive Director & Joint Managing Director
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