Sandeep Wagle of powermywealth.com feels that Praj Industries may move to Rs 150-160.
Sandeep Wagle of powermywealth.com told CNBC-TV18, "On Praj Industries I have a target of Rs 150-160 given a time of 12-15 months. And I would recommend a stoploss of Rs 80. I do not see the stock go below that."
At 14:46 hrs Praj Industries was quoting at Rs 113.25, up Rs 0.55, or 0.49 percent.
The share touched its 52-week high Rs 124.50 and 52-week low Rs 61.00 on 24 November, 2017 and 18 October, 2017, respectively.