Praj Industries Ltd (PRAJIND)

Praj Industries to Go Ex-Dividend in Three Days - 14 Jul, 2024

Praj Industries is set to go ex-dividend on July 18, with a dividend payment of ₹6.00 per share on August 24. The company has grown its earnings by 33% annually for the past five years and increased its dividend by approximately 17% each year over the last decade.

Analysts Bullish on Praj Industries' Growth Potential - 10 Jul, 2024

Praj Industries is poised for growth as analysts revise its target price upwards due to its strategic alignment with sustainable growth avenues. Prabhudas Lilladher has a buy call on the stock with a target price of Rs 815 while Systematix maintains a hold rating but revises target price upward to ₹729.

Praj Industries to Increase Dividend, Stock Price Up 36% - 05 Jul, 2024

Praj Industries will increase its dividend to ₹6.00, with a yield of 0.8%, above the industry average. The stock price has risen by 36% in the last three months. EPS is forecasted to expand by 73.4%. While Praj Industries' dividend history has been unstable, it has grown distributions at 17% per annum since 2014. However, cash flows are lacking, making it unsuitable for income-focused investors.

Individual Investors Benefit from Praj Industries' Market Cap Growth - 03 Jul, 2024

Praj Industries' market cap reached ₹137b last week, benefiting individual investors the most. The top 11 shareholders own 51% of the company, with insiders owning a significant proportion worth ₹40b. Insider ownership can be positive or negative depending on circumstances.

Praj Industries Q4 FY24 Revenue Up at Rs 1,018.56 Crore - 28 Jun, 2024

Praj Industries Ltd reported a Q4 FY24 revenue of Rs 1,018.56 crore, up from Rs 1,003.98 crore in Q4 FY23. The company has an order backlog of Rs 3,855 crore, with 71% from the domestic market. Praj Industries aims to receive 50% of its revenue from international markets by 2030.

Praj Industries Shows Strong Earnings Growth; Receives Buy Rating from Prabhudas Lilladher - 18 Jun, 2024

Praj Industries demonstrates strong earnings growth and is expected to achieve significant revenue growth by 2030, according to Prabhudas Lilladher's Buy rating with a revised target price of Rs. 815.

Insider Selling Reported at Praj Industries Ltd - 16 Jun, 2024

Insiders at Praj Industries have been selling shares, with Atul Mulay recently selling ₹19m worth of stock. The company's insiders own 29% of the business, currently valued at around ₹37b based on the share price.