Praveg Ltd: A share market could be thought of as a risky investment for investors. However, for those who invest in it, shares also prove to be so that it pours cash into them. Numerous examples exist.
44,310% Return, Share Was ₹2; New Project In Ayodhya; Now Expected To Rise
Some of them have helped make their investors wealthy in the long run and some have proven to be multibagger stocks in a short time.
One of these stocks is Praveg Ltd Stock, which has turned its investors into millionaires within a short time.
Shares of Praveg Ltd, a company that makes high-end tents for tourist sites have proven to be a share that provides high-quality returns to investors, and all within a short time.
hare which was priced at about Rs 2 has risen to Rs 1100 in only five years. The day before the last trading session it was at the 1134 rupees during the trading.
But, it fell at the time of closing of the market and it closed at Rs 1070.30.
Praveg Ltd performance
The performances of Praveg Ltd Shares in the past five years, the price of Praveg Ltd shares was 2.37 on the 23rd of January 2019.
The last Saturday, the stock was at the price of Rs 1134. The closing price on Saturday was Rs 1070.30.
This stock has returned a profit of 44,310 percent to shareholders over the last five years. In the past year, the yield earned from it was the sum of 195 percent. In six months it has reached 127 percent.
Share Price Was Increased Rs 413 Over A Month
There has been an impressive price increase in this stock in the past few days. Investors who put money into this Praveg Share have earned the benefit of 63 percent during the past month, and the cost of the shares purchased by them has risen by 413.80.
The market capitalization (Praveg Limited MCap) of Praveg Limited Company is Rs 2,715 crore. The 52-week high of its share is 1300, while its 52-week low is 336.
Connectivity To Ayodhya Ram Temple
Praveg Ltd is a company that has made its shareholders wealthy as well as has a link to Ayodhya Ram Temple.
The company launched a luxury hotel in Ayodhya in November 2023. Praveg Limited is a company that develops luxurious tent cities.
In Ayodhya, the company is also planning to build an Ayodhya-based tent city (Tent City In Ayodhya) in the vicinity of Ram Janmabhoomi.
n addition, it also has a tent city plan in Varanasi and plans to build a tourist City in Lakshadweep.
The company’s shares are anticipated to increase following the dedication of the Ram temple on the 22nd of January 2024.
About Praveg Ltd Company
The company is a service provider with diverse portfolios, including the management of exhibitions, events hospitality, and tourism, & publication.
The company has managed more than 3000 events and fairs in India and overseas.
The company is a services business with a broad portfolio that includes the management of exhibitions, events & tourism hospitality, and publishing.
It has overseen more than 3000 events and exhibits across India and abroad.
Its portfolio includes the execution of large-scale initiatives across the nation and the United States, China, South Korea, Africa, Europe, and the Middle East.
Fundamental Analysis of Praveg Ltd
| Market Cap | ₹ 2,715 Cr. |
| Current Price | ₹ 1,070.30 |
| 52-wk High | ₹ 1,300 |
| 52-wk Low | ₹ 336.20 |
| Stock P/E | 108.08 |
| Book Value | ₹ 73.4 |
| Dividend | 0.42 % |
| ROCE | 56.2 % |
| ROE | 43.0 % |
| Face Value | ₹ 10.0 |
| P/B Value | 14.6 |
| OPM | 47.9 % |
| EPS | ₹ 9.43 |
| Debt | ₹ 1.55 Cr. |
| Debt to Equity | 0.01 |
Praveg Ltd Share Price Target 2024 To 2030
| Year | 1st Target | 2nd Target |
| 2024 | ₹ 1150 | ₹ 1290 |
| 2025 | ₹ 1300 | ₹ 1440 |
| 2026 | ₹ 1450 | ₹ 1600 |
| 2027 | ₹ 1615 | ₹ 1690 |
| 2028 | ₹ 1800 | ₹ 1850 |
| 2029 | ₹ 1900 | ₹ 2100 |
| 2030 | ₹ 2160 | ₹ 2290 |
Praveg Ltd Shareholding Pattern
| Promoters Holding | |
| Dec 2022 | 62.00% |
| Mar 2023 | 62.00% |
| June 2023 | 57.56% |
| Sept 2023 | 55.01% |
| Dec 2023 | 54.53% |
| FII Holding | |
| Dec 2022 | 2.34% |
| Mar 2023 | 3.01% |
| June 2023 | 3.86% |
| Sept 2023 | 5.14% |
| Dec 2023 | 5.88% |
| DII Holding | |
| Dec 2022 | 0.04% |
| Mar 2023 | 0.04% |
| June 2023 | 0.03% |
| Sept 2023 | 0.03% |
| Dec 2023 | 0.03% |
| Public Holding | |
| Dec 2022 | 35.63% |
| Mar 2023 | 34.96% |
| June 2023 | 38.55% |
| Sept 2023 | 39.82% |
| Dec 2023 | 39.57% |
Praveg 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 | ₹ 59 Cr |
| 2020 | ₹ 60 Cr |
| 2021 | ₹ 45 Cr |
| 2022 | ₹ 45 Cr |
| 2023 | ₹ 73 Cr |
Last 5 Years’ Net Profit:
| 2019 | ₹ 3 Cr |
| 2020 | ₹ 4 Cr |
| 2021 | ₹ 11 Cr |
| 2022 | ₹ 12 Cr |
| 2023 | ₹ 20 Cr |
Last 5 Years’ Debt-To-Equity Ratio:
| 2019 | -2.13 |
| 2020 | 0.06 |
| 2021 | 0.05 |
| 2022 | 0.12 |
| 2023 | 0 |
Last 10 Years’ Profit Growth:
| 10 Years: | 62% |
| 5 Years: | 182% |
| 3 Years: | 96% |
| Current Year: | -9% |
Last 10 years’ Return on Equity (ROE):
| 10 Years: | – |
| 5 Years: | 46% |
| 3 Years: | 48% |
| Last Year: | 43% |
Sales Growth Over 10 Years:
| 10 Years: | 47% |
| 5 Years: | 390% |
| 3 Years: | 12% |
| Current Year: | 5% |
