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Praj Industries Ltd Share Price (PRAJIND)

₹512.051.52%

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Overview
Fundamentals
Q3 '23 Results
Technicals
News and Events

Overview of Praj Industries Ltd

Key events for Praj Industries Ltd

  • Praj Industries Ltd falls 5% this week - 11 Apr, 2024

    Praj Industries Ltd's share price fell by 5% this week, bringing yearly returns more in line with earnings growth. The company achieved compound EPS growth of 35% per year over the last five years, and TSR for the same period was 296%, exceeding the share price return.

  • Axis Securities Picks Praj Industries as Top Pick in Chemical Sector - 10 Apr, 2024

    Praj Industries is expected to sustain its growth trajectory in Q4FY24, driven by a focus on its Engineering Business and export markets. However, yearly decline in topline due to government caps on sugar diversion in Dec 23 is anticipated.

  • Praj Industries Ltd Positioned to Benefit from Biofuel Plant Trend - 08 Apr, 2024

    Phillip Capital estimates Praj Industries Ltd's FY26 earnings at a P/E ratio of 25x. The company has a strong balance sheet with net cash of around ₹640 crore and a scalable business model.

  • Praj Industries Develops Proprietary Technology for SAF Production - 29 Mar, 2024

    Praj Industries has developed a proprietary technology to produce sustainable aviation fuel (SAF) from agricultural feedstocks. The company recently collaborated with IOCL and AirAsia India to fly India's first commercial passenger flight using 1% SAF blended with aviation turbine fuel. Praj believes in India's potential to be a hub for supplying SAF for the global aviation industry.

  • Praj Industries' Debt Not Considered Risky - 26 Mar, 2024

    Praj Industries had ₹375.7m of debt, but also has ₹5.86b in cash to offset that, meaning it has ₹5.49b net cash. The company grew its EBIT by 27% in the last year, making it easier to pay down debt going forward. Praj Industries use of debt is not considered risky.

  • Praj Industries Ltd registers 3.7 fold spurt in volume - 20 Mar, 2024

    Praj Industries Ltd registered a volume of 29.46 lakh shares, a 3.7 fold spurt over two-week average daily volume of 7.97 lakh shares. The stock rose 6.66% to Rs.505.25.

  • Praj Industries' Strong Financials Suggest Long-Term Growth Potential - 13 Mar, 2024

    Despite an 11% decline in the past three months, Praj Industries has a return on equity of 25%, net income growth of 35% over five years, and a median payout ratio of 34%. These factors suggest potential long-term growth for the company.

Analyst Rating for Praj Industries Ltd stock

based on 5 analysts

BUY
100.00%
Buy
0.00%
Hold
0.00%
Sell

Based on 5 analysts offering long term price targets for Praj Industries Ltd. An average target of ₹608.8

Source: S&P Global Market Intelligence

Praj Industries Ltd share Performance

  • ₹512.05
    ₹513.25
    ₹512.05

    Day's Volatility:0.23%

    Upside

    0.23%

    downward going graph
  • ₹333.6
    ₹650.5
    ₹512.05
    downward going graph

    34.85%

    Downside

    52 Weeks Volatility:61.89%

    Upside

    27.04%

    downward going graph
1 Month Return7.2 %
3 Month Return-2.65 %
1 Year Return53.04 %
Previous Close₹520.00
Open₹512.50
Volume10.55L
Upper Circuit-
Lower Circuit-
Market Cap₹9,557.36Cr

Praj Industries Ltd Company Information

Praj Industries Ltd is an Indian multinational company, incorporated in 1985 and headquartered in Pune. It is a leading manufacturer and supplier of process technology, engineering and turnkey solutions for the ethanol and brewery industries. The company has operations in more than 30 countries and is one of the largest players in the global market for ethanol and brewery industries.

Praj Industries Ltd offers a wide range of products and services, including process engineering, project management, technology licensing, equipment supply, construction and commissioning, training, and after-sales services. Its top products include fermentation and distillation systems, wastewater treatment systems, and biogas plants. Popular brands associated with Praj Industries Ltd include Praj HiPurity Systems, Praj Matrix, and Praj EcoEnergy.

Share Price: ₹512.05 per share as on 12 Apr, 2024 03:29 PM
Market Capitalisation: ₹9,557.36Cr as of today
Revenue: ₹828.62Cr as on December 2023 (Q4 23)
Net Profit: ₹70.41Cr as on December 2023 (Q4 23)
Listing date: 22 May, 1995
Chairperson Name: Pramod Chaudhari
OrganisationPraj Industries Ltd
Headquarters
IndustryCapital Goods-Non Electrical Equipment
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Fundamentals of Praj Industries Ltd

Insights on Praj Industries Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    MF Holding Up

    img

    Mutual Funds have increased holdings from 9.09% to 11.95% in Dec 2023 quarter

  • imgPOSITIVE IMPACT

    Profit Spike

    img

    Netprofit is up for the last 3 quarters, 58.65 Cr → 70.41 Cr (in ₹), with an average increase of 8.7% per quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, Rail Vikas Nigam Ltd has given 861.7% return, outperforming this stock by 690.9%

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, NBCC India Ltd has given 259.0% return, outperforming this stock by 205.9%

  • imgNEGATIVE IMPACT

    FII Holding Down

    img

    Foreign Institutions have decreased holdings from 17.93% to 17.37% in Dec 2023 quarter

  • imgNEGATIVE IMPACT

    Revenue Fall

    img

    Revenue is down for the last 2 quarters, 893.26 Cr → 837.69 Cr (in ₹), with an average decrease of 6.2% per quarter

  • imgNEGATIVE IMPACT

    Promoter Holding Down

    img

    Promoters have decreased holdings from 32.82% to 32.81% in Dec 2023 quarter

  • imgNEGATIVE IMPACT

    Retail Holding Down

    img

    Retail Investor have decreased holdings from 39.03% to 36.73% in Dec 2023 quarter

  • imgNEGATIVE IMPACT

    Price Dip

    img

    In the last 6 months, PRAJIND stock has moved down by -12.4%

Praj Industries Ltd Valuation

Praj Industries Ltd in the last 5 years

  • Overview

  • Trends

Lowest (10.36x)

March 24, 2020

Today (34.16x)

April 10, 2024

Industry (82.36x)

April 10, 2024

Highest (89.93x)

June 8, 2021

LowHigh

Praj Industries Ltd Mutual Fund Holdings

Funds Holdings
Nippon India Small Cap Fund - Direct Plan - Growth PlanNippon India Small Cap Fund - Direct Plan - Growth Plan0.63%
Canara Robeco Emerging Equities Direct Plan Growth OptionCanara Robeco Emerging Equities Direct Plan Growth Option1.27%
Franklin India Smaller Companies Fund Direct GrowthFranklin India Smaller Companies Fund Direct Growth0.81%
Nippon India Power & Infra Fund - Direct Plan - GrowthNippon India Power & Infra Fund - Direct Plan - Growth1.77%
Aditya Birla Sun Life Small Cap Fund Direct Plan GrowthAditya Birla Sun Life Small Cap Fund Direct Plan Growth1.24%

Praj Industries Ltd Shareholding Pattern

InvestorsHoldings %Prev. 4 periods3M change
Promoter Holdings
32.81%
-0.05
Foreign Institutions
17.37%
-3.15
Mutual Funds
11.95%
31.51
Retail Investors
36.73%
-5.91
Others
1.15%
2.29

Technicals of Praj Industries Ltd share

News & Events of Praj Industries Ltd

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Praj Industries Ltd (PRAJIND) share price today is ₹512.05

Praj Industries Ltd is listed on NSE

Praj Industries Ltd is listed on BSE

  • Today’s highest price of Praj Industries Ltd is ₹513.25.
  • Today’s lowest price of Praj Industries Ltd is ₹512.05.

PE Ratio of Praj Industries Ltd is 34.16

PE ratio = Praj Industries Ltd Market price per share / Praj Industries Ltd Earnings per share

Today’s traded volume of Praj Industries Ltd(PRAJIND) is 10.55L.

Today’s market capitalisation of Praj Industries Ltd(PRAJIND) is ₹9557.36Cr.

Praj Industries Ltd(PRAJINDPrice
52 Week High
₹650.5
52 Week Low
₹333.6

Praj Industries Ltd(PRAJIND) share price is ₹512.05. It is down -21.28% from its 52 Week High price of ₹650.5

Praj Industries Ltd(PRAJIND) share price is ₹512.05. It is up 53.49% from its 52 Week Low price of ₹333.6

Praj Industries Ltd(PRAJINDReturns
1 Day Returns
-7.9%
1 Month Returns
7.2%
3 Month Returns
-2.65%
1 Year Returns
53.04%