back to top
HomeSTOCKS1,131% Bumper Return; Mutual Fund Increased Holding; ₹482 And ₹538 Share Target

1,131% Bumper Return; Mutual Fund Increased Holding; ₹482 And ₹538 Share Target

Hot Stocks Alert Join

India’s leading automotive technology company Pricol Limited (NSE: PRICOLLTD) has released the results for the third quarter of financial year 2024.

The company has informed that the company’s profit has increased by 26.9 percent to Rs 34 crore in the quarter ended December, which was Rs 26.8 crore in the same quarter a year ago. 

The income of the company has also increased by 20.8 percent, from Rs 474 to Rs 573. The share has given 1131.45% return so far.

As per the exchange filing, the company’s EBITDA has increased by 32.9 percent to Rs 67.8 crore, which was Rs 51 crore in the same quarter a year ago. The company’s EBITDA margin has increased from 10.8 percent to 11.8 percent year on year.

Stock Performance

Pricol shares closed at Rs 418.20 today with a rise of 1.34 percent. The 52-week high share price is Rs 429. The company’s share price has increased by 112.18% in the past year. The share price may go up to ₹482 And ₹538 in the near future.

Talking about the company’s shareholding, promoters’ stake remained unchanged at 38.51 percent in the December 2023 quarter, while mutual funds have increased their holdings from 2.27 percent to 3.68 percent.

Pricol Limited is India’s leading automotive technology company. Coimbatore is the headquarters of the company. Since starting operations in 1975, the company has grown into a major brand in the global automotive industry.

About Pricol Ltd

Pricol Limited, a company based in India that provides automotive technology and precision engineering solutions, is a subsidiary of Pricol Technologies.

The Company’s business is in driver information and connected vehicle systems, actuation, controls, and fluid-management systems for OEMs in two/three-wheeler, passenger, commercial, farm, offroad, and other vehicles.

There are approximately 2000 different product variations. The company’s primary business is in the automotive sector.

Automotive components are manufactured and traded by the automotive segment.

The company is in the business of manufacturing and selling instrument clusters, as well as other automotive components to OEMs or replacement markets.

The Company operates eight manufacturing plants in India, including Coimbatore and Manesar in India, as well as Satara, Satara City, Satara, and Sri City, and a manufacturing plant in Jakarta in Indonesia.

 Fundamental Analysis of Pricol Ltd

Market Cap₹ 4,735 Cr.
Current Price₹ 418.20
52-wk High₹ 429 
52-wk Low₹ 174.75
Stock P/E41.86
Book Value₹ 63.0
Dividend0.00 %
ROCE20.1 %
ROE18.3 %
Face Value₹ 1.00
P/B Value6.16
OPM11.8 %
EPS₹ 10.6
Debt₹ 88.4 Cr.
Debt to Equity0.12

Pricol Ltd Share Price Target 2024 To 2030

Year1st Target2nd Target
2024₹482₹522
2025₹532₹550
2026₹560₹589
2027₹600₹622
2028₹634₹660
2029₹665₹680
2030₹690₹723
Hot Stocks Alert Join

Pricol Ltd Shareholding Pattern

Promoters Holding
Dec 202236.53%
Mar 202336.53%
June 202338.51%
Sept 202338.51%
Dec 202338.51%
FII Holding
Dec 202212.51%
Mar 20233.67%
June 20232.89%
Sept 20233.96%
Dec 20236.50%
DII Holding
Dec 20224.35%
Mar 20236.56%
June 20235.58%
Sept 20235.59%
Dec 20236.92%
Hot Stocks Alert Join
Public Holding
Dec 202246.61%
Mar 202353.24%
June 202353.02%
Sept 202351.93%
Dec 202348.05%

Pricol Ltd Share: Last 5 Years’ Financial Condition

To gain a better understanding of how the market is performing, let’s look at the outlook of this share in the previous years. 

However, investors should be aware of the risks and the market conditions before making any investment decision.

Last 5 Years’ Sales:

2019₹ 1,814 Cr
2020₹ 1,239 Cr
2021₹ 1,413 Cr
2022₹ 1,545 Cr
2023₹ 2,211 Cr

Last 5 Years’ Net Profit:

2019₹ -174 Cr
2020₹ -99 Cr
2021₹ 42 Cr
2022₹ 51 Cr
2023₹ 129 Cr
Hot Stocks Alert Join

Last 5 Years’ Debt-To-Equity Ratio:

20190.52
20200.93
20210.47
20220.22
20230.13

Last 10 Years’ Profit Growth:

10 Years:
5 Years:34%
3 Years:47%
Current Year:28%

Last 10 years’ Return on Equity (ROE):

10 Years:
5 Years:-2%
3 Years:13%
Last Year:18%

Sales Growth Over 10 Years:

10 Years:
5 Years:8%
3 Years:16%
Current Year:20%

Conclusion

This article is a complete guide about Pricol Ltd Share.

These information and forecasts are based on our analysis, research, company fundamentals and history, experiences, and various technical analyses. 

Also, We have talked in detail about the share’s prospects and growth potential.

This information will help you in your further investment. 

If you are new to our website and want to get all the latest updates related to the stock market, join us on Telegram Group.

If you have any further queries, please comment below. We will be happy to answer all your questions. 

If you like this information, share the article with as many people as possible.

Also Read: Big Impact After Budget; Govt Will Support EV; 268% Return Share Will Double?

Disclaimer: Dear readers, we’d like to inform you that we are not authorized by SEBI (Securities and Exchange Board of India). The information on this site is only for informational and educational purposes and shouldn’t be considered financial advice or stock recommendations. Also, the share price predictions are completely for reference purposes. The price predictions will only be valid when there are positive signs on the market. Any uncertainty about the company’s future or the current state of the market will not be considered in this study. We are not responsible for any financial loss you might incur through the information on this site. We provide timely updates about the stock market and financial products to help you make better investment choices. Do your research before any investment.

BEST FOR YOU

LEAVE A REPLY

Please enter your comment!
Please enter your name here