Praj Industries Share Price
- Advice
- Hold
Start SIP in Praj Industries
Start SIPPraj Industries Performance
Day Range
- Low 744
- High 760
52 Week Range
- Low 448
- High 813
- Open Price759
- Previous Close758
- Volume380847
Praj Industries Investment Rating
-
Master Rating:
-
Praj Industries (Nse) has an operating revenue of Rs. 3,428.70 Cr. on a trailing 12-month basis. An annual revenue de-growth of -2% needs improvement, Pre-tax margin of 11% is healthy, ROE of 22% is exceptional. The company is debt free and has a strong balance sheet enabling it to report stable earnings growth across business cycles. The stock from a technical standpoint is trading close to its 50DMA and comfortably placed above its 200DMA, around 28% above 200DMA. It needs to take support around the 50 DMA level to continue further upside move. It has recently broken out of a base in its weekly chart and is trading around 0% from the pivot point (which is the ideal buying range for a stock). From an O'Neil Methodology perspective, the stock has an EPS Rank of 90 which is a GREAT score indicating consistency in earnings, a RS Rating of 57 which is POOR indicating the underperformance as compared to other stocks, Buyer Demand at A+ which is evident from recent demand for the stock, Group Rank of 114 indicates it belongs to a poor industry group of Bldg-Heavy Construction and a Master Score of B is close to being the best. Institutional holding has gone up in the last reported quarter is a positive sign. Overall, the stock is lagging behind in some of the technical parameters, but great earnings make it a stock to examine in more detail.
EPS Strength
Price Strength
Buyer Demand
Group Rank
| Indicator | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 | Mar 2023 |
|---|---|---|---|---|---|---|
| Oper Rev Qtr Cr | 601 | 839 | 717 | 783 | 650 | 879 |
| Operating Expenses Qtr Cr | 515 | 739 | 623 | 704 | 587 | 783 |
| Operating Profit Qtr Cr | 86 | 100 | 94 | 79 | 63 | 96 |
| Depreciation Qtr Cr | 11 | 10 | 10 | 8 | 8 | 9 |
| Interest Qtr Cr | 1 | 1 | 1 | 1 | 1 | 2 |
| Tax Qtr Cr | 24 | 26 | 21 | 21 | 16 | 21 |
| Net Profit Qtr Cr | 92 | 76 | 72 | 84 | 49 | 77 |
Praj Industries Technicals
EMA & SMA
- Bullish Moving Average
- ___
- 16
- Bearish Moving Average
- ___
- 0
- 20 Day
- ₹737.11
- 50 Day
- ₹715.36
- 100 Day
- ₹671.76
- 200 Day
- ₹613.43
- 20 Day
- ₹746.56
- 50 Day
- ₹723.30
- 100 Day
- ₹656.20
- 200 Day
- ₹591.52
Praj Industries Resistance and Support
| Resistance | |
|---|---|
| First Resistance | 759.60 |
| Second Resistance | 768.20 |
| Third Resistance | 776.10 |
| RSI | 55.23 |
| MFI | 80.63 |
| MACD Single Line | 6.60 |
| MACD | 4.95 |
| Support | |
|---|---|
| First Support | 743.10 |
| Second Support | 735.20 |
| Third Supoort | 726.60 |
Praj Industries Delivery and Volume
| Period | NSE + BSE Volume Avg | NSE + BSE Delivery Volume Avg | NSE + BSE Delivery Volume % |
|---|---|---|---|
| Day | 424,934 | 16,682,909 | 39.26 |
| Week | 581,021 | 19,121,401 | 32.91 |
| 1 Month | 1,939,697 | 42,537,556 | 21.93 |
| 6 Month | 1,485,240 | 47,052,404 | 31.68 |
Praj Industries Result Highlights
Praj Industries Synopsis
NSE-Bldg-Heavy Construction
Praj Industries is involved in the business activities of Manufacture of other special-purpose machinery. Company’s Total Operating Revenue is Rs. 2989.56 Cr. and Equity Capital is Rs. 36.76 Cr. for the Year ended 31/03/2024. Praj Industries Ltd. is a Public Limited Listed company incorporated on 08/11/1985 and has its registered office in the State of Maharashtra, India. Company’s Corporate Identification Number(CIN) is L27101PN1985PLC038031 and registration number is 038031.| Market Cap | 13,804 |
| Sales | 2,940 |
| Shares in Float | 12.32 |
| No of funds | 170 |
| Yield | 0.8 |
| Book Value | 10.95 |
| U/D Vol ratio | 2.2 |
| LTDebt / Equity | |
| Alpha | -0.02 |
| Beta | 1.18 |
Praj Industries Shareholding Pattern
| Owner Name | Jun-24 | Mar-24 | Dec-23 | Sep-23 |
|---|---|---|---|---|
| Promoters | 32.81% | 32.81% | 32.81% | 32.82% |
| Mutual Funds | 15.31% | 13.01% | 11.95% | 9.09% |
| Insurance Companies | 1.05% | 0.46% | 0.15% | 0.14% |
| Foreign Portfolio Investors | 18.55% | 18.87% | 17.37% | 17.93% |
| Financial Institutions/ Banks | 0.06% | 0.03% | ||
| Individual Investors | 26.44% | 28.71% | 30.37% | 32.16% |
| Others | 5.78% | 6.14% | 7.32% | 7.86% |
Praj Industries Management
| Name | Designation |
|---|---|
| Dr. Pramod Chaudhari | Executive Chairman |
| Mr. Shishir Joshipura | Managing Director & CEO |
| Mr. Sachin Raole | Director & CFO |
| Ms. Parimal Chaudhari | Non Executive Director |
| Dr. Shridhar Shukla | Independent Director |
| Mr. Suhas Baxi | Independent Director |
| Mr. Utkarsh Palnitkar | Independent Director |
| Mr. Vinayak Deshpande | Independent Director |
| Mr. Rujuta Jagtap | Independent Director |
Praj Industries Forecast
Price Estimates
Praj Industries Corporate Action
| Date | Purpose | Remarks |
|---|---|---|
| 2024-07-25 | Quarterly Results | |
| 2024-05-30 | Audited Results & Final Dividend | |
| 2024-02-01 | Quarterly Results | |
| 2023-10-31 | Quarterly Results | |
| 2023-07-26 | Quarterly Results |
Praj Industries FAQs
What is Share Price of Praj Industries ?
Praj Industries share price is ₹751 As on 18 September, 2024 | 02:23
What is the Market Cap of Praj Industries ?
The Market Cap of Praj Industries is ₹13804.4 Cr As on 18 September, 2024 | 02:23
What is the P/E ratio of Praj Industries ?
The P/E ratio of Praj Industries is 44.7 As on 18 September, 2024 | 02:23
What is the PB ratio of Praj Industries ?
The PB ratio of Praj Industries is 10.8 As on 18 September, 2024 | 02:23