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About Prashant India Ltd
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Prashant India Limited was initially incorporated as `Prashant Proteins Limited` in November, 1983. The name of the Company was changed from `Prashant Proteins Limited` to `Prashant India Limited` in 1995. Company is presently engaged in Textiles and Wind Power Generation business. In Mar.`84, PIL took over a sick and shut-down unit from Ulhas Oil and Chemical Industries located at Bhavnagar and turned it around in the first year of operations. To finance the expansion-and-modernization scheme, PIL came out with a public issue in Nov.`85. Between 1986 and 1988, when Gujarat was in the grip of a severe drought, the company not only survived but even managed to perform well. In Dec.`93, the company came out with a rights offer to finance its additional working capital requirements and to expand its infrastructure facilities for the international merchandise division. The company has completed the project to manufacture polyester fabrics and polyester texturized, sized and twisted yarn at Palsana, Surat, as a part of its diversification and backward integration project. The company commissioned and made operational five wind generators each having a capacity of 200 KW. In 1994-95, the company exported goods to the tune of Rs 31.12 cr. Being the second-largest exporter of rapeseed deoiled cakes from India, it received the Export Award from the Solvent Extractors Association of India for 1994-95. Due to increase in competition and recession in textile sector revenue from operations declined sharply during the financial year 2023-24. The BIFR has restored the company`s reference in conformity with the order passed by the Hon`ble High Court of Gujarat for fresh hearing under the provisions of the Sick Industrial Companies (Special Provisions) Act, 1985.
Prashant India share price as on 10 Feb 2026 is Rs. 17.89. Over the past 6 months, the Prashant India share price has increased by 15.42% and in the last one year, it has increased by 18.87%. The 52-week low for Prashant India share price was Rs. 7.77 and 52-week high was Rs. 28.33.
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Prashant India Ltd FAQs
You can buy Prashant India Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy Prashant India Ltd Share.
Company share prices and volatile and keep changing according to the market conditions. As of Feb 09, 2026 04:00 PM the closing price of Prashant India Ltd was Rs.17.89.
The latest PE ratio of Prashant India Ltd as of Feb 09, 2026 04:00 PM is 0.77
The latest PB ratio of Prashant India Ltd as of Feb 09, 2026 04:00 PM is -0.33
The 52-week high of Prashant India Ltd share price is Rs. 28.33 while the 52-week low is Rs. 7.77
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of Feb 09, 2026 04:00 PM, the market cap of Prashant India Ltd stood at Rs. 7.58 Cr.
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