Prakash Steelage Ltd (PRAKASHSTL) News & Corporate Actions | Announcements, Board Meetings, Splits, Bonuses, Rights Issues

{ "main_header": { "sid": 147387, "name": "Prakash Steelage", "stock_name": "Prakash Steelage", "full_name": "Prakash Steelage Ltd", "name_url": "stocks-analysis/prakash-steelage", "exchange": 1, "exchangecode": "", "primexch": 1, "country_id": 34, "currency": "INR", "cmp": "4.14", "chg": "0.00", "chgp": "0.00%", "dir": 0, "prev_price": "4.14", "mcapval": "72.45 Cr", "mcap": "Micro Cap", "scripcode": 533239, "symbol": "PRAKASHSTL", "ind_name": "Iron & Steel Products", "ind_code": 49, "indexname": "India SENSEX", "isin": "INE696K01024", "curr_date": "Mar 25", "curr_time": "", "bse_nse_vol": "2.5 lacs", "exc_status": "Active", "traded_date": "Mar 25, 2026", "traded_date_str": "2026 03 25", "score": "", "scoreText": "", "Live": 0, "market_time": 0, "is_blur": 1, "is_blur_class": "blur-register-score-header", "is_blur_url": "https://www.marketsmojo.com/mojofeed/register?redirect=/stocks-analysis/prakash-steelage-147387-1&utm_source=Spage_Header_Score", "mojoone": { "ismore": 0 } }, "news": { "results": [ { "title": "Prakash Steelage Ltd is Rated Strong Sell", "link": "https://www.marketsmojo.com/news/stock-recommendation/prakash-steelage-ltd-is-rated-strong-sell-3893319", "imagepath": "https://i.marketsmojo.com/newsimg/2026/3/PrakashSteelage_mojoScore_3893319.png", "date": "2026-03-16 10:10:02", "description": "Prakash Steelage Ltd is rated Strong Sell by MarketsMOJO, with this rating last updated on 04 Oct 2024. However, the analysis and financial metrics discussed here reflect the stock's current position as of 16 March 2026, providing investors with an up-to-date view of the company’s fundamentals, valuation, financial trends, and technical outlook." }, { "title": "Prakash Steelage Ltd Falls 5.28% Amid Volatility: 2 Key Events Shaping the Week", "link": "https://www.marketsmojo.com/news/stocks-in-action/prakash-steelage-ltd-falls-528-amid-volatility-2-key-events-shaping-the-week-3892446", "imagepath": "", "date": "2026-03-15 16:01:43", "description": " <div class=\"article-news-new\">\n <div class=\"article-container\">\n\n<div class=\"article-content\">\n <div class=\"highlight-box\">\n <h3>Key Events This Week</h3>\n <p><strong>2 Mar:</strong> Stock plunged to lower circuit amid heavy selling pressure</p>\n <p><strong>5 Mar:</strong> Sharp rebound with upper circuit hit on strong buying interest</p>\n <p><strong>6 Mar:</strong> Consolidation with no price change, volume steady</p>\n <p><strong>Weekly Close:</strong> Rs.4.13, down 5.28% from previous Friday</p>\n </div>\n\n <div class=\"stats-row\">\n <div class=\"stat-item\"><div class=\"stat-label\">Week Open</div><div class=\"stat-value\">Rs.4.36</div></div>\n <div class=\"stat-item\"><div class=\"stat-label\">Week Close</div><div class=\"stat-value\"..." }, { "title": "Prakash Steelage Ltd Surges to Upper Circuit Amid Strong Buying Pressure", "link": "https://www.marketsmojo.com/news/stocks-in-action/prakash-steelage-ltd-surges-to-upper-circuit-amid-strong-buying-pressure-3873239", "imagepath": "https://i.marketsmojo.com/newsimg/2026/3/PrakashSteelage_stocks_hitting_upper_circuit_3873239.png", "date": "2026-03-05 10:00:06", "description": "Prakash Steelage Ltd witnessed a robust rally on 5 Mar 2026, hitting its upper circuit limit with a maximum daily gain of 4.08%. The stock’s surge was driven by intense buying interest, resulting in a regulatory freeze on further transactions and leaving a significant portion of demand unfilled. This movement marks a notable reversal after a four-day decline, signalling renewed investor enthusiasm in the micro-cap iron and steel products company." }, { "title": "Prakash Steelage Ltd is Rated Strong Sell", "link": "https://www.marketsmojo.com/news/stock-recommendation/prakash-steelage-ltd-is-rated-strong-sell-3869018", "imagepath": "https://i.marketsmojo.com/newsimg/2026/3/PrakashSteelage_mojoScore_3869018.png", "date": "2026-03-04 10:10:02", "description": "Prakash Steelage Ltd is rated Strong Sell by MarketsMOJO, with this rating last updated on 04 Oct 2024. However, the analysis and financial metrics discussed here reflect the stock’s current position as of 04 March 2026, providing investors with an up-to-date view of the company’s fundamentals, valuation, financial trends, and technical outlook." }, { "title": "Prakash Steelage Ltd Plunges to Lower Circuit Amid Heavy Selling Pressure", "link": "https://www.marketsmojo.com/news/stocks-in-action/prakash-steelage-ltd-plunges-to-lower-circuit-amid-heavy-selling-pressure-3865393", "imagepath": "https://i.marketsmojo.com/newsimg/2026/3/PrakashSteelage_stocks_hitting_lower_circuit_3865393.png", "date": "2026-03-02 14:00:05", "description": "Shares of Prakash Steelage Ltd, a micro-cap player in the Iron & Steel Products sector, plunged to their lower circuit limit on 2 Mar 2026, reflecting intense selling pressure and panic among investors. The stock closed at ₹4.23, down 3.2% intraday, marking its maximum permissible daily loss and continuing a three-day losing streak amid deteriorating market sentiment." }, { "title": "Prakash Steelage Ltd is Rated Strong Sell", "link": "https://www.marketsmojo.com/news/stock-recommendation/prakash-steelage-ltd-is-rated-strong-sell-3849366", "imagepath": "https://i.marketsmojo.com/newsimg/2026/2/PrakashSteelage_mojoScore_3849366.png", "date": "2026-02-21 10:10:18", "description": "Prakash Steelage Ltd is rated Strong Sell by MarketsMOJO, with this rating last updated on 04 October 2024. However, the analysis and financial metrics discussed here reflect the stock's current position as of 21 February 2026, providing investors with an up-to-date view of its fundamentals, valuation, financial trend, and technical outlook." }, { "title": "Are Prakash Steelage Ltd latest results good or bad?", "link": "https://www.marketsmojo.com/news/result-analysis/are-prakash-steelage-ltd-latest-results-good-or-bad-3840391", "imagepath": "", "date": "2026-02-14 19:44:56", "description": "Prakash Steelage Ltd's latest financial results for Q3 FY26 reveal a complex picture of operational performance. The company reported net sales of ₹24.45 crores, reflecting a year-on-year growth of 27.08% compared to ₹19.24 crores in Q3 FY25. However, this growth was accompanied by a sequential decline of 2.43% from the previous quarter, indicating potential demand volatility and pricing pressures in the steel products market.\n\nIn terms of profitability, the net profit for the quarter was ₹0.33 crores, which represents a significant year-on-year decline of 51.52%. This decline raises concerns about the company's ability to convert top-line growth into bottom-line profitability. The operating margin also saw a notable compression, dropping to 2.78% from 6.34% in the same quarter last year, highlighting challenges related to rising input costs and competitive pressures.\n\nThe company's return on equity (ROE) r..." }, { "title": "Prakash Steelage Q3 FY26: Margins Compress Amid Volume Growth, Stock Remains Under Pressure", "link": "https://www.marketsmojo.com/news/result-analysis/prakash-steelage-q3-fy26-margins-compress-amid-volume-growth-stock-remains-under-pressure-3839224", "imagepath": "https://i.marketsmojo.com/newsimg/2026/2/PrakashSteelage_quaterlyResult_3839224.png", "date": "2026-02-13 21:31:33", "description": "Prakash Steelage Ltd., a micro-cap stainless steel tubes and pipes manufacturer, reported a challenging Q3 FY26 performance marked by sharp margin compression despite modest revenue growth. Net profit for the quarter ended December 2025 declined 51.52% sequentially to ₹0.33 crores from ₹0.68 crores in Q3 FY25, whilst revenue grew 27.08% year-on-year to ₹24.45 crores. The stock, currently trading at ₹4.66 with a market capitalisation of ₹81.00 crores, has suffered a brutal 36.08% decline over the past year, significantly underperforming both the Sensex (+8.52%) and the broader Iron & Steel Products sector (-12.97%)." }, { "title": "Are Prakash Steelage Ltd latest results good or bad?", "link": "https://www.marketsmojo.com/news/result-analysis/are-prakash-steelage-ltd-latest-results-good-or-bad-3838165", "imagepath": "", "date": "2026-02-13 19:53:04", "description": "Prakash Steelage Ltd's latest financial results for Q2 FY26 reveal a complex operational landscape characterized by significant revenue growth juxtaposed with severe profitability challenges. The company reported net sales of ₹25.06 crores, marking a notable sequential increase of 52.53% and a year-on-year growth of 30.18%. This performance indicates a robust recovery in demand for its stainless steel products, achieving the highest quarterly revenue in recent history.\n\nHowever, this revenue surge did not translate into improved profitability. The net profit for the quarter plummeted to ₹0.09 crores, reflecting a substantial decline of 76.32% compared to the previous quarter. The operating margin, excluding other income, contracted sharply to 1.20%, down from 2.68% in Q1 FY26, highlighting significant cost pressures that the company faced despite the higher sales volume. The profit after tax margin also com..." } ], "total": 5416, "sid": "147387", "stock_news_url": "https://www.marketsmojo.com/news/prakash-steelage-147387" }, "announcements": [ { "details": "Prakash Steelage Limited has informed the Exchange regarding Board meeting held on November 14, 2019.", "source": "NSE", "caption": "Prakash Steelage Limited - Outcome of Board Meeting", "datetime": "15-Nov-2019" }, { "details": "Disclosure under SEBI Takeover Regulations PRAKASHSTL : Prakash C. Kanugo has informed the Exchange regarding reason for encumbrance vide letter dated October 03, 2019 under SEBI ( SAST) Regulations, 2011.", "source": "NSE", "caption": "Prakash Steelage Limited - Disclosure under SEBI Takeover Regulations", "datetime": "09-Oct-2019" }, { "details": "Prakash Steelage Limited has submitted the Exchange a copy Srutinizers report of Annual General Meeting held on September 24, 2019. Further, the company has informed the Exchange regarding voting results.", "source": "NSE", "caption": "Prakash Steelage Limited - Shareholders meeting", "datetime": "26-Sep-2019" } ], "corporate_actions": [ { "img": "board-meeting.svg", "title": "BOARD MEETING", "msg": "<span>No</span> Upcoming Board Meetings", "data": [] }, { "img": "dividend.svg", "title": "DIVIDEND", "msg": "", "data": [ { "txt": "Prakash Steelage Ltd has declared <strong>5%</strong> dividend, ex-date: 21 Sep 15", "dt": "2015-09-21", "middle_text": "Dividend Alert" } ] }, { "img": "splits.svg", "title": "SPLITS", "msg": "", "data": [ { "txt": "Prakash Steelage Ltd has announced <strong>1:10</strong> stock split, ex-date: 03 Mar 16", "dt": "2016-03-03", "middle_text": "Split" } ] }, { "img": "bonus.svg", "title": "BONUS", "msg": "No <strong>Bonus</strong> history available", "data": [] }, { "img": "rights-issues.svg", "title": "RIGHTS", "msg": "No <strong>Rights</strong> history available", "data": [] } ] }

Key Events This Week

2 Mar: Stock plunged to lower circuit amid heavy selling pressure

5 Mar: Sharp rebound with upper circuit hit on strong buying interest

6 Mar: Consolidation with no price change, volume steady

Weekly Close: Rs.4.13, down 5.28% from previous Friday

Week Open

Rs.4.36

Week Close

Read full news article

Prakash Steelage Ltd Surges to Upper Circuit Amid Strong Buying Pressure

2026-03-05 10:00:06

Prakash Steelage Ltd witnessed a robust rally on 5 Mar 2026, hitting its upper circuit limit with a maximum daily gain of 4.08%. The stock’s surge was driven by intense buying interest, resulting in a regulatory freeze on further transactions and leaving a significant portion of demand unfilled. This movement marks a notable reversal after a four-day decline, signalling renewed investor enthusiasm in the micro-cap iron and steel products company.

Read full news article

Prakash Steelage Ltd is Rated Strong Sell

2026-03-04 10:10:02

Prakash Steelage Ltd is rated Strong Sell by MarketsMOJO, with this rating last updated on 04 Oct 2024. However, the analysis and financial metrics discussed here reflect the stock’s current position as of 04 March 2026, providing investors with an up-to-date view of the company’s fundamentals, valuation, financial trends, and technical outlook.

Read full news article

Prakash Steelage Ltd Plunges to Lower Circuit Amid Heavy Selling Pressure

2026-03-02 14:00:05

Shares of Prakash Steelage Ltd, a micro-cap player in the Iron & Steel Products sector, plunged to their lower circuit limit on 2 Mar 2026, reflecting intense selling pressure and panic among investors. The stock closed at ₹4.23, down 3.2% intraday, marking its maximum permissible daily loss and continuing a three-day losing streak amid deteriorating market sentiment.

Read full news article

Prakash Steelage Ltd is Rated Strong Sell

2026-02-21 10:10:18

Prakash Steelage Ltd is rated Strong Sell by MarketsMOJO, with this rating last updated on 04 October 2024. However, the analysis and financial metrics discussed here reflect the stock's current position as of 21 February 2026, providing investors with an up-to-date view of its fundamentals, valuation, financial trend, and technical outlook.

Read full news article

Are Prakash Steelage Ltd latest results good or bad?

2026-02-14 19:44:56

Prakash Steelage Ltd's latest financial results for Q3 FY26 reveal a complex picture of operational performance. The company reported net sales of ₹24.45 crores, reflecting a year-on-year growth of 27.08% compared to ₹19.24 crores in Q3 FY25. However, this growth was accompanied by a sequential decline of 2.43% from the previous quarter, indicating potential demand volatility and pricing pressures in the steel products market. In terms of profitability, the net profit for the quarter was ₹0.33 crores, which represents a significant year-on-year decline of 51.52%. This decline raises concerns about the company's ability to convert top-line growth into bottom-line profitability. The operating margin also saw a notable compression, dropping to 2.78% from 6.34% in the same quarter last year, highlighting challenges related to rising input costs and competitive pressures. The company's return on equity (ROE) r...

Read full news article

Prakash Steelage Q3 FY26: Margins Compress Amid Volume Growth, Stock Remains Under Pressure

2026-02-13 21:31:33

Prakash Steelage Ltd., a micro-cap stainless steel tubes and pipes manufacturer, reported a challenging Q3 FY26 performance marked by sharp margin compression despite modest revenue growth. Net profit for the quarter ended December 2025 declined 51.52% sequentially to ₹0.33 crores from ₹0.68 crores in Q3 FY25, whilst revenue grew 27.08% year-on-year to ₹24.45 crores. The stock, currently trading at ₹4.66 with a market capitalisation of ₹81.00 crores, has suffered a brutal 36.08% decline over the past year, significantly underperforming both the Sensex (+8.52%) and the broader Iron & Steel Products sector (-12.97%).

Read full news article

Are Prakash Steelage Ltd latest results good or bad?

2026-02-13 19:53:04

Prakash Steelage Ltd's latest financial results for Q2 FY26 reveal a complex operational landscape characterized by significant revenue growth juxtaposed with severe profitability challenges. The company reported net sales of ₹25.06 crores, marking a notable sequential increase of 52.53% and a year-on-year growth of 30.18%. This performance indicates a robust recovery in demand for its stainless steel products, achieving the highest quarterly revenue in recent history. However, this revenue surge did not translate into improved profitability. The net profit for the quarter plummeted to ₹0.09 crores, reflecting a substantial decline of 76.32% compared to the previous quarter. The operating margin, excluding other income, contracted sharply to 1.20%, down from 2.68% in Q1 FY26, highlighting significant cost pressures that the company faced despite the higher sales volume. The profit after tax margin also com...

Read full news article