479.9500 -5.25 (-1.08%)
NSE May 30, 2025 15:31 PM
Volume: 467.8K
 

479.95
-1.08%
Prabhudas Lilladhar
We revise our FY26/27E EPS estimates by -27.3%/-39.0% accounting for delayed order booking for GenX facility and slower execution of long duration engineering orders. The company reported a weak quarterly performance, with revenue declining by 15.6% YoY, while EBITDA margins contracted by 362bps YoY to 8.8%, primarily due to execution delays. Despite near-term headwinds, Praj's growth prospects in BioEnergy remain robust driven by prospective mandates for ethanol blending in petrol to 25%-30% and blending in diesel, along with co-product development opportunities with existing ethanol plants....
Praj Industries Ltd. has an average target of 522.50 from 2 brokers.
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