What does Praj industries do?
Praj Industries Ltd. The company is engaged in the design, manufacture, supply and commissioning of fermentation and distillation equipments for the manufacture of ethanol. The company was promoted by Pramond Chaudhari in 1985. The company’s plant is located at Bhosari, Pune (Maharastra).
Who is owner of Praj Industries?
Pramod Chaudhari
Pramod Chaudhari Executive Chairman. As a first generation techno-entrepreneur, he founded Praj in 1983. He dreamt and developed Praj into a world-class engineering company specialized in Agri-processing opportunities.
Which sector is PRAJ industries?
Praj
| Type | Public |
|---|---|
| Industry | Manufacturing, Engineering and Service |
| Founded | 1983 |
| Headquarters | Pune, Maharashtra, India |
| Areas served | Worldwide |
Is Praj Industries Debt Free?
Based on the latest financial disclosure, PRAJ INDUSTRIES has a Total Debt of 410 K. This is 99.98% lower than that of the Industrials sector and 99.97% lower than that of the Engineering & Construction industry. The total debt for all India stocks is 99.99% higher than that of the company.
Is PRAJ industries a good investment?
1. Is Praj Industries Ltd a good quality company? Past 10 year’s financial track record analysis by Moneyworks4me indicates that Praj Industries Ltd is a average quality company.
Does PRAJ industries make alcohol?
Praj Industries (Praj) and Indian Oil Corporation Limited (IndianOil) have inked an MoU to explore opportunities such as the production of Alcohol to Jet (ATJ) fuels, 1G & 2G Ethanol, Compressed Bio-Gas (CBG) and related opportunities in the Biofuels industry, informed Praj in a press release.
Should we buy Praj Industries?
With a strong order book and diversified revenue, the company is debt free. Praj is also gaining traction due to increased demand for ethanol, rise in grain-based distilleries and the ongoing bio-economic revolution. We recommend buying with a price target of Rs 400.
What is the product of Praj Industries?
Praj offers a range of static equipment like pressure vessels, reactors, shell and tube heat exchangers, columns and other proprietary equipment built as per the client design.
Is Praj Industries good for long term?
It operates in a high growth market and has managed to deliver strong top-line growth over the last five years. The stock is expected to deliver good returns on the back of strong fundamentals and handsome margins. We recommend buying with a price target of Rs 325.
Is Praj good for long term?
Data suggests that the Indian ethanol market presents an excellent opportunity of around Rs 15,000 crore over the next 4-5 years and therefore Praj can be a promising investment bet. Portfolio investors can accumulate the Praj Industries stock currently quoting at Rs 417 for solid long term investment gains.
What is the future of Praj Industries share?
| Date | Stock | Target |
|---|---|---|
| 10 Feb 2022 | Praj Industries Ltd. | 477.00 |
| 15 Nov 2021 | Praj Industries Ltd. | 472.00 |
| 20 Sep 2021 | Praj Industries Ltd. | 422.00 |
| 25 Jul 2016 | Praj Industries Ltd. | 115.00 |
Is PRAJ good for long term?
Who is the biggest ethanol producer in India?
Bajaj Hindusthan Limited Bajaj Hindusthan Sugar Ltd
1. Bajaj Hindusthan Limited. Bajaj Hindusthan Sugar Ltd, situated in Mumbai, is India’s largest sugar and ethanol manufacturer.
What is the target of Praj Industries share?
Synopsis. Promoters held 32.83 per cent stake in the company as of 31-Mar-2022, while FIIs owned 13.84 per cent, DIIs 8.83 per cent. Axis Securities has buy call on Praj Industries with a target price of Rs 477.
Should I buy Praj Industries?
With the surging rate of crude oil, and the mixing of petrol with ethanol, this will give more focus to the government’s vision, he said. Singhvi said that and these are the reasons to buy Praj Industries stock, as it will give you a good opportunity. “Keep Stop Loss at Rs 350; and Target for Rs 380, Rs 402.
Is Praj Industries a good buy Quora?
Praj is not a good stock to buy and hold for long term. The reasons are inconsistencies in Sales and Profit. Next is it is completely cyclical and depending upon the cycle of sugar industry. The Net Profit Margin is very less though it is a debt free Company.
Should I hold Praj Industries share?
According to Pivot Point Indicator, you should Hold Praj Industries. The Sentiment of this Stock is Neutral.
Should I invest in Praj Industries?
https://www.youtube.com/watch?v=NpvcMxbpvvY