Praj industries Updates

Praj Industries offers innovative solutions to significantly add value in bio-ethanol, bio-diesel and brewery plants and related wastewater treatment systems for customers, worldwide.

The current price of Rs 95 discounts the company's Q2 September 2009 annualized EPS of Rs 7.61, by a PE multiple of 11odds.
Praj recently signed pact with Novozymes during UNFCC Climate change summit, Both companies will work towards optimization ofenzymatic hydrolysis processes and the use of enzymes in the production of advanced biofuel.


Sept'09 Qtr Sales 200.74 compared to Sep'08 199.71  growth of marginal 1% 
OPM % stood at 20.14% compared to previous year Sept,08 16.09, which means operating margin improved by  25%
PBDT stood at  50.58 compared to  37.67 , postive upbeat of 34%
Sept09 PBT was 48.02 compared to 35.74, postive upbeat of  34%
Sept'09 NP was 39.60 compared to Sept'08 30.17  positive upbeat of 31%

Many analyst across india who just look at Sales figure might give Thimbs down to this script.
We need to understand that this stock is directly related to consumption of fuel which means Economic activity around the world.
This is an Engineering company which every Investor should hold in their kitty.
India will be forced to spend a lot chunk towards water purification, Bio fuels & companies like Praj, Sunil Hitech,Thermax & GEI Industrial all will be beneficiaries..
We might have to pay more tax in coming year to save mother nature, but Investment in gems like are worth it....

Comments

  1. is it rite tym to invest in praj...if yes den at wad price...wads da tgt...and how much period it will take to reach that tgt..ur tip for tata exlsi was too gud..i wished i followed dat!??

    ReplyDelete

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