Why Buy Praj Industries In Indian Share Market Now:
Buy Praj Industries In Indian Share Market Now:
Monopoly stocks in ethanol plant assembly with 70% market share.
Also provide cutting edge tech to distillery companies for ethanol and bio-diesel production.
Installing projects in Africa and Southeast Asia with total global contribution of 10% in global market.
Last 3 years company share has grown from Rs67 to Rs 376.60, giving 430% return.
Praj has collaborated with AirAsiaIndia to operate commercial aircraft.
It has got clearance to form joint venture with Indian Oil Corp. for producing bio-diesel and selling ethanol, CBO, SAF, other intermediaries.
Praj Industries increased it ethanol share from 60% to 66% in Indian Market.
Operating Revenue increased from 51% from FY 21-22 to FY 22-23.
Increased Profits by 59% during this period.
Profitability was 22.24% in FY 23 .
Promoters hold 32% share, FII controls 17% and Retail Investors hold 41% respectively.
Share stand at Rs377 can double within 3 years, after war ends.
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