Praj Industries

Promoters should return back from vacation;

Posted by : singadi
Price when posted : BSE: Rs 86.15 ( 1.35 % ), NSE: Rs. 85.95 ( 1.06 % )

The promototers who have gone on a long vacation should return and have a look at the stock price. They need to do something to make the stock look impressive...Reults have not been good....But with the soaring oil prices, praj is going to be a good bet......

Heading

Posted by : NAUGHTY007
Price when posted : BSE: Rs 86.15 ( 1.35 % ), NSE: Rs. 85.95 ( 1.06 % )

even 80-100 range is good-buy low sell high-gives aneat 20-25% returns not bad in a volatile mkt!!...

Buy praj for TGT 95

Posted by : ar_akm
Price when posted : BSE: Rs 86.15 ( 1.35 % ), NSE: Rs. 85.95 ( 1.06 % )

Circling around Rs.80-100 since long. When will come out from this circle wait and watch?...

Buy praj for TGT 95

Posted by : bharat in delhi
Price when posted : BSE: Rs 86.75 ( 2.06 % ), NSE: Rs. 86.45 ( 1.65 % )

20% upside in any fresh rally is assured,big bull rakesh jhunjhunwala has a interest in this company,regards...

Buy praj for TGT 95

Posted by : a2k2bug
Price when posted : BSE: Rs 86.65 ( 1.94 % ), NSE: Rs. 86.70 ( 1.94 % )

based on qtr results stock is trading a p/e valuations of 11 for EPS of 7.6 which is reasonable bet to enter compared to it`s peer from BSE200 segement. Engeering segment has seen orders starting lst qtr & praj has long way to go. Weak points Sales took a dip but advantage is Raw material for this company due to which Opearting mgn increased to 20% compared to 16%. Net profit of 39cr is significant figure compared to 30cr last year. Overall just have faith......

please advice

Posted by : yua
Price when posted : BSE: Rs 82.45 ( 0.24 % ), NSE: Rs. 83.25 ( 1.28 % )

Guys

We are seeing a major support at this level
82...confident reaching 106 levels around end of december. i holding a major portion at 107 rates.
regards
Yua...

please advice

Posted by : RVSingh
Price when posted : BSE: Rs 82.25 ( 3.98 % ), NSE: Rs. 82.20 ( 3.98 % )

U may average it out at the earliest!...

please advice

Posted by : vkr4u
Price when posted : BSE: Rs 82.25 ( 3.98 % ), NSE: Rs. 82.20 ( 3.98 % )

you have to accumulate every 20% correction
ratherthan sell in huge loss ,fundamentally strong co,within six month of span your averageing will be doubled..
thanks...

please advice

Posted by : Raaj KR
Price when posted : BSE: Rs 79.10 ( -5.66 % ), NSE: Rs. 79.05 ( -5.78 % )

i am holding 300 shares of praj @177.can anybody suggest on what shall i do next.

Thanks...

buy

Posted by : jaggihs
Price when posted : BSE: Rs 79.10 ( -5.66 % ), NSE: Rs. 79.05 ( -5.78 % )

Can start with 25% of planned investment in this stock at CMP and add at every 5% fall hereafter. Don`t see it falling below 50 unless the whole market touches a new low....

buy

Posted by : NAUGHTY007
Price when posted : BSE: Rs 79.10 ( -5.66 % ), NSE: Rs. 79.05 ( -5.78 % )

as recommneded protect ur capital-dont buy at this time-buy when mkts stabilise and sanity returns- agood level is around 72-74...

buy

Posted by : ar_akm
Price when posted : BSE: Rs 79.10 ( -5.66 % ), NSE: Rs. 79.05 ( -5.78 % )

Entry level?...

buy

Posted by : jaggihs
Price when posted : BSE: Rs 79.10 ( -5.66 % ), NSE: Rs. 79.05 ( -5.78 % )

has hit 77 today with promise of going lower....

buy

Posted by : Guest
Price when posted : BSE: Rs 83.85 ( -0.83 % ), NSE: Rs. 83.90 ( -0.53 % )

I dont think it will fall as long as index remains stable. It should outperform the index...

buy

Posted by : jaggihs
Price when posted : BSE: Rs 83.85 ( -0.83 % ), NSE: Rs. 83.90 ( -0.53 % )

It can fall furthur to sub 75 levels. Time to buy below 80 and average out if it goes below 72....