Praj Industries Ltd (PRAJIND)
₹547.25▲4.68%
Praj Industries Ltd share Performance
- ₹524.25₹550₹547.25
4.20%
Low
Day's Volatility:4.71%
High
0.50%
- ₹345₹650.5₹547.25
36.96%
Low
52 Weeks Volatility:55.82%
High
18.87%
| Returns % | |
| 1 Month Return | -1.89 % |
| 3 Month Return | 2 % |
| 1 Year Return | 46.34 % |
| Market Stats | |
| Previous Close | ₹522.80 |
| Open | ₹525.25 |
| Volume | 20.35L |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹9,609.75Cr |
Analyst Rating
based on 5 analysts
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
Company Information
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: ₹547.25 per share as on 29 Apr, 2024 04:01 PM
Market Capitalisation: ₹9,609.75Cr 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
| Organisation | Praj Industries Ltd |
| Headquarters | |
| Industry | Capital Goods-Non Electrical Equipment |
| E-voting on shares | Click here to vote |
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.
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.
POSITIVE IMPACTProfit Spike
Netprofit is up for the last 3 quarters, 58.65 Cr → 70.41 Cr (in ₹), with an average increase of 8.7% per quarter
- POSITIVE IMPACT
FII Holding Up
Foreign Institutions have increased holdings from 17.37% to 18.87% in Mar 2024 quarter
- POSITIVE IMPACT
MF Holding Up
Mutual Funds have increased holdings from 11.95% to 13.01% in Mar 2024 quarter
NO EFFECTAgainst Peers
In the last 3 years, Rail Vikas Nigam Ltd has given 961.9% return, outperforming this stock by 837.5%
- NO EFFECT
Against Peers
In the last 1 year, NBCC India Ltd has given 240.3% return, outperforming this stock by 194.0%
- NO EFFECT
Promoter Holding Unchanged
Promoters holdings remained unchanged at 32.81% of holdings in Mar 2024 quarter
NEGATIVE IMPACTPrice Dip
In the last 1 month, PRAJIND stock has moved down by -1.9%
- NEGATIVE IMPACT
Revenue Fall
Revenue is down for the last 2 quarters, 893.26 Cr → 837.69 Cr (in ₹), with an average decrease of 6.2% per quarter
- NEGATIVE IMPACT
Retail Holding Down
Retail Investor have decreased holdings from 36.73% to 34.63% in Mar 2024 quarter
Praj Industries Ltd Valuation
Praj Industries Ltd in the last 5 years
Lowest (10.36x)
March 24, 2020
Today (34.35x)
April 26, 2024
Industry (86.80x)
April 26, 2024
Highest (89.93x)
June 8, 2021
Mutual Fund Holdings
Shareholding Pattern
| Investors | Holdings % | Prev. 1 periods | 3M change |
|---|---|---|---|
| Promoter Holdings | 32.81% | 0.00 | |
| Foreign Institutions | 18.87% | 0.00 | |
| Mutual Funds | 13.01% | 0.00 | |
| Retail Investors | 34.63% | 0.00 | |
| Others | 0.68% | 0.00 |
Technicals of Praj Industries Ltd share
News & Events of Praj Industries Ltd
Frequently Asked Questions
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Praj Industries Ltd (PRAJIND) share price today is ₹547.25
Praj Industries Ltd is listed on NSE
Praj Industries Ltd is listed on BSE
- Today’s highest price of Praj Industries Ltd is ₹550.
- Today’s lowest price of Praj Industries Ltd is ₹524.25.
PE Ratio of Praj Industries Ltd is 34.35
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 20.35L.
Today’s market capitalisation of Praj Industries Ltd(PRAJIND) is ₹9609.75Cr.
| Praj Industries Ltd(PRAJIND | Price |
|---|---|
52 Week High | ₹650.5 |
52 Week Low | ₹345 |
Praj Industries Ltd(PRAJIND) share price is ₹547.25. It is down -15.87% from its 52 Week High price of ₹650.5
Praj Industries Ltd(PRAJIND) share price is ₹547.25. It is up 58.62% from its 52 Week Low price of ₹345
| Praj Industries Ltd(PRAJIND | Returns |
|---|---|
1 Day Returns | 24.45% |
1 Month Returns | -1.89% |
3 Month Returns | 2% |
1 Year Returns | 46.34% |