CBG is a complementary renewable transportation fuel to compressed natural gas (CNG).
Brokerage house believes Balrampur Chini, Dhampur Sugar and Praj Industries are likely to benefit the most from the Centre’s ethanol policy.
Praj Industries has reported a consolidated total income from operations of Rs 191.60 crore and a net profit of Rs 3.49 crore for the quarter ended Jun-2018
Edelweiss is bullish on Praj Industries has recommended buy rating on the stock with a target price of Rs 115 in its research report dated May 17, 2018.
"The positive divergence on secondary indicators are supporting the up move in prices along with multiple supports at its short and long-term moving averages," says Shitij Gandhi, Senior Research Analyst at SMC Global Securities.
Rajesh Agarwal of AUM Capital recommends buying Jindal Steel & Power with target of Rs 263 and stop loss at Rs 245 and CESC with target of Rs 1078 and stop loss at Rs 1028.
Net Sales are expected to decrease by 10.2 percent Y-o-Y (up 9 percent Q-o-Q) to Rs. 270.7 crore, according to Edelweiss.
"Praj Industries has given a channel breakout above Rs 95 level on the daily scale with higher volumes. The Daily Relative Strength Index (RSI) is showing upward momentum and the MACD is trading with a positive crossover near the zero line," says Abhishek Mondal of Guiness Securities.
Ashwani Gujral of ashwanigujral.com recommends buying Delta Corp with a stop loss of Rs 312, target of Rs 328 and GSFC with a stop loss of Rs 154, target of Rs 168.
“I don’t see any reason to expand capacity for another two years,” said Pramod Chaudhari, Executive Chairman of Praj Industries.
Edelweiss is bullish on Praj Industries has recommended buy rating on the stock with a target price of Rs 85 in its research report dated August 17, 2017
Praj Industries posted a muted set of earnings in Q1. In an interview to CNBC-TV18, Sachin Raole, CFO and Director-Finance, & Commercial of Praj Industries spoke about the results and his outlook for the company.
Mitessh Thakkar of miteshthacker.com is of the view that one can buy Apollo Hospitals, GAIL India and UCO Bank and advises buying Put Options in Tata Motors while one can sell Apollo Tyres and Praj Industries.
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ICICI Bank | SBI | Central Bank of India | Bank of Baroda | Siemens | DLF | Quess Corp | UPL | IRB Infrastructure | Axis Bank | IFCI | Lanco Infratech | Jagran Prakashan | Titagarh Wagons | Maithan Alloys | DB Realty | NMDC and Jaiprakash Power are stocks, which are in the news today.
The memoranda of understanding (MoU) were signed yesterday on the sidelines of PETROTECH 2016 held here.
Prakash Diwan of Altamount Capital Management recommends EPC Industries as it is a leader in the agronomy business.
Speaking to CNBC-TV18, Gajanan Nabar, CEO & MD of the company said some delays in the order book are reflecting in the numbers.
Reliance Industries | Wipro | HCL Technologies | Nucleus Software | Gulf Oil Lubricants | Tanla Solutions | Syngene | Biocon | GTL Infra | Ashima | Career Point and Motilal Oswal are stocks, which are in the news today.
ITC | Oil India | A2Z Infra | IRB Infra | TTML | JSW Steel | JSPL | Ajanta Pharma | Dr Reddy's Laboratories | Reliance Industries | Country Club | Talwalkars | DCM | Indo Borax | Capri Global | Smartlink | Sunil Hitech Engineers | Fortis Healthcare | MT Educare | RBL Bank and Power Grid are stocks, which are in news today.
Mitesh Thacker of miteshthacker.com advises selling Mahindra and Mahindra, Larsen and Toubro, Praj Industries and Pidilite Industries.
Indian Oil will be setting up three such 2G bio-ethanol plants.
Mitesh Thacker of miteshthacker.com recommends buying Praj Industries, Reliance Infra and JSW Energy and is bullish on Hindustan Unilever.
ACC | Ambuja Cement | India Cements | IOC | MCX | Ramco Cements | UltraTech Cement | Jaiprakash Associates | JK Cements | Tata Power | KEC International | Uniply Industries | C&C Constructions | Praj Industries | Esab India and Indo Rama Synthetics are stocks, which are in the news today.