Praj Industries Limited (PRAJIND.NS)
Praj Industries Limited operates in the Engineering & Construction industry of the Industrials sector, headquartered in Pune, MA, IN. The stock last traded at $336.10, up 4.52% on the session, giving a market capitalisation of $61.78B. Its beta of 0.12 implies it has historically moved less than the broad market.
Praj Industries Limited, established in 1985 and headquartered in Pune, India, operates globally in the realm of bio-based technologies and engineering. The company delivers extensive solutions for the ethanol sector, encompassing multi-feedstock and multi-product facilities, modernizations for existing plants, and novel renewable fuels such as BioCNG and iso-butanol. Additionally, Praj provides high-purity system solutions for the biopharmaceutical industry, catering to sterile, topical, oral, personal care, and nutraceutical formulations. It also designs specialized plants, equipment, and technological offerings for breweries. For industries like hydrocarbon, petrochemicals, industrial gas, and chemical plants, Praj manufactures critical components including reactors, pressure vessels, heat exchangers, process columns, proprietary tower equipment, and modular process skids. Furthermore, the company offers a comprehensive suite of wastewater treatment services, covering purification, disposal, implementation of reduce, recycle, and reuse (3R) principles, Zero Liquid Discharge (ZLD) systems, resource recovery, and ongoing operation and maintenance support.
Praj Industries Limited is most often compared with the following Industrials names: