17 years breakout candidate PRIME SECURITIESPrime Securities Ltd., incorporated in the year 1982, is a Small Cap company (having a market cap of Rs 1,156.56 Crore) operating in Financial Services sector.
Prime Securities Ltd. key Products/Revenue Segments include Income From Merchant Banking
A closing above 243 will confirm the breakout. This breakout will be on Yearly + Monthly + Weekly + Daily + Hourly timeframe, all at once
PRIMESECU trade ideas
2008 breakout in PRIME SECURITIESPrime Securities Ltd., incorporated in the year 1982, is a Small Cap company (having a market cap of Rs 1,156.56 Crore) operating in Financial Services sector.
Prime Securities Ltd. key Products/Revenue Segments include Income From Merchant Banking for the year ending 31-Mar-2023.
For the quarter ended 30-09-2024, the company has reported a Consolidated Total Income of Rs 29.83 Crore, up 2.37 % from last quarter Total Income of Rs 29.14 Crore and up 93.70 % from last year same quarter Total Income of Rs 15.40 Crore. Company has reported net profit after tax of Rs 17.20 Crore in latest quarter.
Prime Sec Share Price Today is Rs. 342.75 as on 12 Nov, 2024, 11:44 AM IST. On previous day, the Prime Sec Share Price (NSE) closed at Rs. 332.8, featuring among the most traded securities on the National Stock Exchange.
Stock Forecast:
After showing 29.83 Cr. of sales and 2.37% of quarterly net profit, there have been multiple ups and downs in the Prime Sec stock prices in the past few weeks. For example, Prime Sec stock price on 4th of November 2024 was around Rs. 325.1. Prime Sec share price now stands at an average of Rs. 342.75. Judging by last week's performance, stock is in up trend.
Historical Prices and Performance:
Prime Sec, incorporated in 1982 is a Small Cap company (with a market cap of Rs. 1156.56) operating in Financial Services sector.
The Return of Equity (ROE) in last five financial years given by Prime Sec stock was 11.77%, 8.81%, 15.23%, 14.34% and 17.41% respectively.
The Prime Sec share gave a 3 year return of 177.02% as compared to Nifty 50 which gave a return of 35.07%.
Prime Sec announced 30.0% final dividend on November 22, 2007.
Key Metrics:
PE Ratio of Prime Sec is 28.72
Prices/Sales Ratio of Prime Sec is 9.83
Price/Book Ratio of Prime Sec is 7.09
PRIMESECU review - 132 to 194, 47% gains till now reviewing NSE:PRIMESECU chart posted on 25th July 2023 when the price was 132
now it made high of 194.90 giving splendid 47% gains till now
this analysis is for knowledge sharing and educational purpose .
this post is not a buy or sell recommendation.
link of 25th July 2023 post given below
PRIMESEC - Weekly Chart AnalysisStock have made a nice rounding pattern and is on the verge of breakout. Volumes have increased too. Keep a watch. Once breakout with volume support it can test 193-215 levels above.
Disclaimer: This is just an analysis. If you want to trade then due your own due diligence and trade on your own risk.
PRIMESECU --- potential to give 50% gains in coming monthsNSE:PRIMESECU viewpoint
the stock has given good breakout on weekly time frame sometime back around 118 levels
cmp is 132
potential to give 50% gains in coming months
this analysis is for knowledge sharing and educational purpose .
this post is not a buy or sell recommendation.
Breakout in Prime Securities Limited...Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.