Prakash Industries Limited (PRAKASH.BO)
Prakash Industries Limited operates in the Steel industry of the Basic Materials sector, headquartered in New Delhi, DE, IN. The stock last traded at $136.35, up 11.03% on the session, giving a market capitalisation of $24.48B. Its beta of 0.37 implies it has historically moved less than the broad market.
Based in New Delhi, India, Prakash Industries Limited is an integrated enterprise specializing in steel manufacturing and power generation. Established in 1980, its core operations encompass the production of various steel products, including sponge iron, steel billets, blooms, and ferro alloys. The company also manufactures wire rods and HB wire products, which find application in diverse uses such as binding, GL, and barbed fencing wires, armored sealed wires for heavy electrical cables, fasteners like nuts, bolts, and screws, alpine gear, wire ropes, and mesh products. Furthermore, Prakash Industries supplies TMT bars crucial for construction and infrastructure development, and contributes to renewable energy through its wind power generation activities.
Prakash Industries Limited is most often compared with the following Basic Materials names: