PENIND

Pennar Industries Share Price

₹197.30 +15.5 (8.53%)

22 Nov, 2024 02:30

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Performance

  • Low
  • ₹181
  • High
  • ₹199
  • 52 Week Low
  • ₹106
  • 52 Week High
  • ₹215
  • Open Price₹187
  • Previous Close₹182
  • Volume2,214,623

Investment Returns

  • Over 1 Month -4.87%
  • Over 3 Month + 9.65%
  • Over 6 Month + 45.23%
  • Over 1 Year + 62.52%
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Pennar Industries Fundamentals Fundamentals refer to the financial data that companies report on a quarterly or annual basis.

  • P/E Ratio
  • 24.8
  • PEG Ratio
  • 1.2
  • Market Cap Cr
  • 2,663
  • P/B Ratio
  • 3
  • Average True Range
  • 11.27
  • EPS
  • 7.95
  • Dividend Yield
  • 0
  • MACD Signal
  • 1.35
  • RSI
  • 56.11
  • MFI
  • 72.55

Pennar Industries Financials

Pennar Industries Technicals

EMA & SMA

Current Price
₹197.30
+ 15.5 (8.53%)
pointer
  • stock-down_img
  • Bullish Moving Average 16
  • stock-up_img
  • Bearish Moving Average 0
  • 20 Day
  • ₹188.30
  • 50 Day
  • ₹184.96
  • 100 Day
  • ₹177.73
  • 200 Day
  • ₹162.43

Resistance and Support

192.38 Pivot Speed
  • R3 222.07
  • R2 210.53
  • R1 203.92
  • S1 185.77
  • S2 174.23
  • S3 167.62

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Ratings

Master Rating

EPS Strenth

Price Strength

Buyer Demand

Group Rank

Pennar Industries manufactures engineered steel products, including precision tubes, cold-rolled steel, and railway components. With 6 manufacturing plants in India, it serves sectors like automotive, infrastructure, and railways, offering customized solutions for domestic and international markets.

Pennar Industries has an operating revenue of Rs. 3,048.61 Cr. on a trailing 12-month basis. An annual revenue growth of 8% is good, Pre-tax margin of 4% needs improvement, ROE of 11% is good. The company has a reasonable debt to equity of 15%, which signals a healthy balance sheet. The stock from a technical standpoint is trading close to its 50DMA and comfortably placed above its 200DMA, around 13% above 200DMA. It needs to take support around the 50 DMA level to continue further upside move. It has recently broken out of a base in its weekly chart but failed to keep its momentum and is trading around -10% from the pivot point. From an O'Neil Methodology perspective, the stock has an EPS Rank of 89 which is a GOOD score indicating consistency in earnings, a RS Rating of 68 which is FAIR indicating the recent price performance, Buyer Demand at C+ which is evident from recent supply seen, Group Rank of 115 indicates it belongs to a poor industry group of Steel-Producers and a Master Score of C is fair but needs to improve. Institutional holding has gone up in the last reported quarter is a positive sign. Overall, the stock is lagging behind in some of the technical parameters, but great earnings make it a stock to examine in more detail.

Disclaimer: This stock analysis report is algorithmically generated for informational purposes only and should not be considered as a buy or sell recommendation.

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Pennar Industries Corporate Actions - Bonus, Splits, Dividends

Date Purpose Remarks
2024-11-12 Quarterly Results & Others To consider other business matters.
2024-08-12 Quarterly Results
2024-05-22 Audited Results
2024-02-09 Quarterly Results
2023-11-09 Quarterly Results

Pennar Industries F&O

Pennar Industries Shareholding Pattern

39.66%
0%
4.81%
0%
42.26%
13.27%

About Pennar Industries

  • NSE Symbol
  • PENIND
  • BSE Symbol
  • 513228
  • ISIN
  • INE932A01024

Similar Stocks to Pennar Industries

Pennar Industries FAQs

Pennar Industries share price is ₹197 As on 22 November, 2024 | 02:16

The Market Cap of Pennar Industries is ₹2662.5 Cr As on 22 November, 2024 | 02:16

The P/E ratio of Pennar Industries is 24.8 As on 22 November, 2024 | 02:16

The PB ratio of Pennar Industries is 3 As on 22 November, 2024 | 02:16

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Q2FY23