Edelweiss research report on Praj IndustriesPraj, since inception in 1984, has evolved from a dominant, single business enterprise into a global organisation driven by technology innovation and integration capabilities in process engineering and industrial biotechnology domains. As its core business, the company offers innovative technology solutions and project implementation and management services to the bio‐ethanol industry. It is also involved in two major growth platforms—one focusing on industrial solutions for water & waste water management and critical process equipment & systems and the other on bio‐based products. A globally leading company with over 600 references in more than 60 countries across five continents, Praj has acquired an international repute for responsible and reliable solutions. Having established a global leadership in first generation ethanol technology, Praj has initiated a project to expand its 2G Cellulosic Ethanol Program to demo scale. Praj has well equipped manufacturingfacilities—one in Pune and two at Kandla (Gujarat) port of India and another at Wada nearMumbai.Praj’s unequivocal focus on scalable businesses like high‐purity solutions and critical process equipment will be key growth drivers over next 2‐3 years. The company is targeting higher ethanol intake, driven by stable‐to‐improving blending mandates in key markets like Argentina, Columbia , Europe, etc. Maintain ‘BUY’.For all recommendations, click here Disclaimer: The views and investment tips expressed by investment experts/broking houses/rating agencies on moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.
Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
