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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