PENIND

Pennar Industries Share PricePennar Industries

₹77.15
4.1 (5.61%)
As on 07 June, 2023 | 04:05 BSE: 513228 NSE: PENIND

Pennar Industries Performance

Day Range

  • Low
  • High
77.15

52 Week Range

  • Low
  • High
77.15
  • Open Price
  • Previous Close
  • Volume

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Pennar Industries Share Price

  • Over 1 Month 9.12%
  • Over 3 Month 3.91%
  • Over 6 Month 22.56%
  • Over 1 Year 105.19%

Pennar Industries Key Statistics

P/E Ratio 13.8
PEG Ratio 0.2
Market Cap Cr 1,041
Price to Book Ratio 1.3
EPS 3.3
Dividend 0
Relative Strength Index 62.28
Money Flow Index 56.83
MACD Signal -1.02
Average True Range 3.18

Pennar Industries Investment Rating

  • Master Rating:
  • Pennar Industries has an operating revenue of Rs. 2,894.62 Cr. on a trailing 12-month basis. An annual revenue growth of 28% is outstanding, Pre-tax margin of 3% needs improvement, ROE of 9% is fair but needs improvement. The company has a reasonable debt to equity of 13%, 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 18% above 200DMA. It needs to take support around the 50 DMA level to continue further upside move. It is currently FORMING a base in its weekly chart and is trading around 10% away from the crucial pivot point. From an O'Neil Methodology perspective, the stock has an EPS Rank of 64 which is a FAIR score but needs to improve its earnings, a RS Rating of 83 which is GOOD indicating the outperformance as compared to other stocks, Buyer Demand at B+ which is evident from recent demand for the stock, Group Rank of 91 indicates it belongs to a poor industry group of Steel-Producers and a Master Score of B is close to being the best. Overall, the stock is lagging behind in earnings parameter, but excellent technical strength makes it a stock to examine in more detail.

EPS Strength

Price Strength

Buyer Demand

Group Rank

Pennar Industries Financials
IndicatorMar 2023Dec 2022Sep 2022Jun 2022Mar 2022
Oper Rev Qtr Cr 556537639557589
Operating Expenses Qtr Cr 502495602522548
Operating Profit Qtr Cr 5441373541
Depreciation Qtr Cr 1514141413
Interest Qtr Cr 2222242121
Tax Qtr Cr 54434
Net Profit Qtr Cr 131111911

Pennar Industries Technicals

EMA & SMA

Current Price
₹77.15
4.1 (5.61%)
  • Bullish Moving Average
  • ___
  • 16
  • Bearish Moving Average
  • ___
  • 0
  • 20 Day
  • ₹71.65
  • 50 Day
  • ₹71.95
  • 100 Day
  • ₹69.3
  • 200 Day
  • ₹62.56
  • 20 Day
  • ₹71.5
  • 50 Day
  • ₹73.44
  • 100 Day
  • ₹69.65
  • 200 Day
  • ₹61.84

Pennar Industries Resistance and Support

PIVOT
₹71.95
Resistance
First Resistance ₹74.7
Second Resistance ₹76.35
Third Resistance ₹79.1
RSI 62.28
MFI 56.83
MACD Single Line -1.02
MACD -0.47
Support
First Resistance ₹70.3
Second Resistance ₹67.55
Third Resistance ₹65.91

Pennar Industries Delivery and Volume

Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
Day 2,649,408 146,326,804 55.23
Week 1,175,469 60,571,938 51.53
1 Month 1,032,315 45,948,329 44.51
6 Month 1,172,821 47,604,823 40.59

Pennar Industries Result Highlights

Pennar Industries Synopsis

NSE-Steel-Producers

Pennar Industrie is involved in the business activities of Manufacture of hot-rolled and cold-rolled products of steel. Company’s Total Operating Revenue is Rs. 2288.30 Cr. and Equity Capital is Rs. 67.47 Cr. for the Year ended 31/03/2023. Pennar Industries Ltd. is a Public Limited Listed company incorporated on 08/08/1975 and has its registered office in the State of Andhra Pradesh, India. Company’s Corporate Identification Number(CIN) is L27109TG1975PLC001919 and registration number is 001919.
Market Cap 1,041
Sales 2,288
Shares in Float 8.10
No of funds 40
Yield
Book Value 1.42
U/D Vol ratio 0.7
LTDebt / Equity 13
Alpha 0.24
Beta 1.5

Pennar Industries

Owner NameMar-23Dec-22Sep-22Aug-22
Promoters 39.74%39.74%39.74%38.59%
Mutual Funds
Foreign Portfolio Investors 4.86%4.08%0.65%0.37%
Financial Institutions/ Banks
Individual Investors 43.16%43.23%45.99%50.32%
Others 12.24%12.95%13.62%10.72%

Pennar Industries Management

Name Designation
Mr. Nrupender Rao Executive Chairman
Mr. Aditya Rao Vice Chairman & Mng.Director
Mr. P V Rao Non Executive Director
Mr. K Lavanya Kumar Executive Director
Mr. RVS Ramakrishna Independent Director
Mr. Eric James Brown Non Executive Director
Mr. Manish Sabharwal Independent Director
Mr. Varun Chawla Independent Director
Mr. B Kamalaker Rao Independent Director
Mr. Chandrasekhar Sripada Independent Director

Pennar Industries Forecast

Price Estimates

2,000(9.8%)
1,758(-3.5%)
1,590(-12.7%)

Other Analyst Rating

Pennar Industries Corporate Action

Date Purpose Remarks
2023-05-24 Audited Results
2023-02-08 Quarterly Results
2022-11-09 Quarterly Results
2022-08-09 Quarterly Results
2022-05-25 Audited Results

Pennar Industries MF Shareholding

Name Amount(cr)
Franklin India Smaller Companies Fund Growth 7593

Pennar Industries FAQs

What is Share Price of Pennar Industries ?

Pennar Industries share price is ₹77 As on 07 June, 2023 | 03:51

What is the Market Cap of Pennar Industries ?

The Market Cap of Pennar Industries is ₹1041.1 Cr As on 07 June, 2023 | 03:51

What is the P/E ratio of Pennar Industries ?

The P/E ratio of Pennar Industries is 13.8 As on 07 June, 2023 | 03:51

What is the PB ratio of Pennar Industries ?

The PB ratio of Pennar Industries is 1.3 As on 07 June, 2023 | 03:51

Q2FY23

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