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11 Sep 2025 |
Praj Industries
|
Consensus Share Price Target
|
390.45 |
459.00 |
- |
17.56 |
hold
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27 Jun 2025
|
Praj Industries
|
Geojit BNP Paribas
|
390.45
|
608.00
|
500.10
(-21.93%)
|
55.72 |
Buy
|
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Praj Industries Ltd. is a leading biotechnology and engineering firm offering sustainable solutions in bioenergy, water & wastewater treatment, brewery technologies, and high-purity systems for the pharma and biotech sectors. With a global presence in over 100 countries, and four manufacturing...
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02 May 2025
|
Praj Industries
|
Axis Direct
|
390.45
|
500.00
|
451.95
(-13.61%)
|
Target met |
Hold
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We maintain our HOLD rating on the stock
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30 Apr 2025
|
Praj Industries
|
Prabhudas Lilladhar
|
390.45
|
545.00
|
461.30
(-15.36%)
|
39.58 |
Buy
|
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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....
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24 Mar 2025
|
Praj Industries
|
Prabhudas Lilladhar
|
390.45
|
751.00
|
581.55
(-32.86%)
|
92.34 |
Buy
|
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We met with the management of Praj Industries at a conference, where they provided insights into the progress of Praj's GenX facility and the growth prospects across its business verticals. The orders for the GenX facility are anticipated from Q1FY26 while the facility is expected to contribute peak revenue of ~Rs10-25bn per annum. Challenges persist in the CBG sector due to concerns over operational and economic viability. However, Praj remains confident in its prospects, supported by its multi-feedstock technology. The potential imposition of reciprocal tariffs by the U.S. is not expected to have a...
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01 Feb 2025
|
Praj Industries
|
Axis Direct
|
390.45
|
650.00
|
627.15
(-37.74%)
|
Target met |
Hold
|
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We maintain our HOLD rating on the stock.
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29 Oct 2024
|
Praj Industries
|
Axis Direct
|
390.45
|
765.00
|
701.35
(-44.33%)
|
Target met |
Hold
|
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We maintain our HOLD rating on the stock
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29 Jul 2024
|
Praj Industries
|
Axis Direct
|
390.45
|
760.00
|
703.70
(-44.51%)
|
Target met |
Hold
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We revised our rating on the stock to HOLD from BUY.
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28 Jul 2024
|
Praj Industries
|
Prabhudas Lilladhar
|
390.45
|
804.00
|
699.85
(-44.21%)
|
Target met |
Buy
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14 Jun 2024
|
Praj Industries
|
Prabhudas Lilladhar
|
390.45
|
815.00
|
700.15
(-44.23%)
|
Target met |
Buy
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03 Jun 2024
|
Praj Industries
|
Axis Direct
|
390.45
|
618.00
|
549.05
(-28.89%)
|
Target met |
Buy
|
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We maintain our BUY Rating on the stock.
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31 May 2024
|
Praj Industries
|
Prabhudas Lilladhar
|
390.45
|
671.00
|
522.05
(-25.21%)
|
Target met |
Buy
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20 Apr 2024
|
Praj Industries
|
Axis Direct
|
390.45
|
565.00
|
508.75
(-23.25%)
|
Target met |
Buy
|
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We recommend a BUY rating on the stock with the target price of Rs 565/share, implying an upside of 11% from the CMP.
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05 Feb 2024
|
Praj Industries
|
Prabhudas Lilladhar
|
390.45
|
636.00
|
472.95
(-17.44%)
|
Target met |
Buy
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05 Feb 2024
|
Praj Industries
|
Axis Direct
|
390.45
|
635.00
|
472.95
(-17.44%)
|
Target met |
Buy
|
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We believe that the transition towards cleaner forms of energy is the only sustainable way to grow and this will attract major global investments in the coming years. The recent correction in stock prices leaves a healthy upside of 33%f from CMP and we therefore revise our HOLD rating to BUY.
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02 Nov 2023
|
Praj Industries
|
Axis Direct
|
390.45
|
580.00
|
537.85
(-27.41%)
|
Target met |
Hold
|
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we revise our rating from BUY to HOLD as the recent move limits the upside potential to 9% from the CMP.
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01 Nov 2023
|
Praj Industries
|
Prabhudas Lilladhar
|
390.45
|
611.00
|
534.10
(-26.90%)
|
Target met |
Accumulate
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18 Sep 2023
|
Praj Industries
|
Prabhudas Lilladhar
|
390.45
|
618.00
|
581.30
(-32.83%)
|
Target met |
Accumulate
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28 Jul 2023
|
Praj Industries
|
Axis Direct
|
390.45
|
510.00
|
416.90
(-6.34%)
|
Target met |
Buy
|
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We have BUY on the Stock
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27 Jul 2023
|
Praj Industries
|
Prabhudas Lilladhar
|
390.45
|
475.00
|
415.90
(-6.12%)
|
Target met |
Buy
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15 Jul 2023
|
Praj Industries
|
Axis Direct
|
390.45
|
450.00
|
406.65
(-3.98%)
|
Target met |
Buy
|
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We believe is cheap given its growth prospects and premium return ratios and therefore recommend a BUY with a near term target price of 450.
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