Prakash Industries Limited (PRAKASH.NS)
Prakash Industries Limited operates in the Steel industry of the Basic Materials sector, headquartered in New Delhi, DE, IN. The stock last traded at $137.68, up 12.36% on the session, giving a market capitalisation of $24.66B. Its beta of 0.37 implies it has historically moved less than the broad market.
Prakash Industries Limited is an Indian company that operates with an integrated approach across both the steel manufacturing and power generation sectors. Its comprehensive steel product line includes essential materials such as sponge iron, steel billets, blooms, and ferro alloys. The company also produces a variety of wire rods and HB wire products, which are utilized in numerous applications including binding wires, GL wires, barbed fencing, armored electrical cables, fasteners (like nuts, bolts, nails, and screws), alpine equipment, wire ropes, and wire mesh products. Additionally, Prakash Industries manufactures TMT bars, vital for construction and infrastructure projects. Beyond its metallurgical endeavors, the company contributes to renewable energy through its 25 MW capacity wind power generation facility. Founded in 1980, Prakash Industries is headquartered in New Delhi, India.
Prakash Industries Limited is most often compared with the following Basic Materials names: