Praj Industries Share Price Target 2025 To 2030
Praj Industries is a well-known company in the bio-energy and engineering sectors, recognized for its growth and innovation. With its wide range of business activities and strong financial results, the company is ready to benefit from India’s growing focus on renewable energy.
In this article, we will take a closer look at Praj Industries’ business, technical analysis, and its share price predictions for the years 2024 to 2030.
Table of Contents
- 1 Basic Details of Praj Industries
- 2 About the Company’s Business
- 3 Chart
- 4 Praj Industries Share Price Target 2025 to 2030
- 5 Praj Industries Share Price Target 2024
- 6 Praj Industries Share Price Target 2025
- 7 Praj Industries Share Price Target 2026
- 8 Praj Industries Share Price Target 2027
- 9 Praj Industries Share Price Target 2028
- 10 Praj Industries Share Price Target 2029
- 11 Praj Industries Share Price Target 2030
Basic Details of Praj Industries
| Company Name | Praj Industries Ltd. |
| Business Sector | Bio-energy, Industrial Solutions, Water & Wastewater Treatment |
| Stock Symbol | PRAJIND |
| NSE Listing Status | Listed |
| BSE Listing Status | Listed |
| Official Website | www.praj.net |
About the Company’s Business
Praj Industries is a global leader in bio-energy technologies, including ethanol and advanced biofuels. Its offerings extend to engineering, procurement, and construction (EPC) services, catering to industrial and environmental needs. The company’s focus on sustainable and green energy aligns with India’s energy transition goals, making it a promising player in the renewable energy sector.
Fundamental Data
- 💹 Market Cap: ₹14,314 Cr.
- 💵 Current Price: ₹779
- 📈📉 High / Low (52 Weeks): ₹827 / ₹448
- 🧮 Stock P/E: 51.4
- 📖 Book Value: ₹70.7
- 💰 Dividend Yield: 0.77%
- 🔄 ROCE (Return on Capital Employed): 29.3%
- 🏦 ROE (Return on Equity): 23.3%
- 💵 Face Value: ₹2.00
Chart
The target prices are based on historical stock performance and an estimated CAGR of 15-20%, reflecting Praj Industries’ growth potential in the renewable energy sector. Revenue and profit expansion, supported by government initiatives, play a key role in these projections.
| Year | High Approx |
|---|---|
| 2025 | ₹1,200 |
| 2026 | ₹1,500 |
| 2027 | ₹1,850 |
| 2028 | ₹2,200 |
| 2029 | ₹2,600 |
| 2030 | ₹3,000 |
In 2024, Praj Industries is expected to benefit significantly from the government’s Ethanol Blending Program. The company’s focus on biofuels and engineering projects will likely drive steady revenue growth. Technical analysis indicates that the stock could move between ₹700 and ₹850 in 2024. Investors should watch for quarterly results to confirm this trend.
| Year | Low Approx | High Approx |
|---|---|---|
| 2024 | ₹700 | ₹850 |
By 2025, Praj Industries is anticipated to expand its presence in global markets, especially in bio-energy solutions. The company’s ability to secure government contracts and grow its order book makes it an attractive investment. Analysts estimate the stock could range between ₹800 and ₹1,000 in 2025.
| Year | Low Approx | High Approx |
|---|---|---|
| 2025 | ₹800 | ₹1,000 |
In 2026, Praj Industries could see a surge in demand for renewable energy solutions as global focus on sustainability intensifies. The company’s diversification into advanced biofuels is expected to yield significant benefits. Share prices are estimated to fluctuate between ₹900 and ₹1,200 during the year.
| Year | Low Approx | High Approx |
|---|---|---|
| 2026 | ₹900 | ₹1,200 |
As India continues its transition to clean energy, Praj Industries is expected to strengthen its leadership position in the bio-energy sector. The company’s partnerships and technological advancements may push its stock prices to a range of ₹1,050 to ₹1,400 by 2027.
| Year | Low Approx | High Approx |
|---|---|---|
| 2027 | ₹1,050 | ₹1,400 |
In 2028, Praj Industries is likely to benefit from its growing export market and technological innovations in green energy. These factors could drive share prices higher, with an estimated range between ₹1,200 and ₹1,600 for the year.
| Year | Low Approx | High Approx |
|---|---|---|
| 2028 | ₹1,200 | ₹1,600 |
By 2029, Praj Industries is expected to achieve new milestones with continued focus on renewable energy. With government policies and increased adoption of biofuels, the share price is projected to be between ₹1,400 and ₹1,800.
| Year | Low Approx | High Approx |
|---|---|---|
| 2029 | ₹1,400 | ₹1,800 |
Praj Industries’ consistent innovation and expansion into advanced green technologies may position it as a leader in renewable energy by 2030. Analysts predict the stock price could range between ₹1,600 and ₹2,000, rewarding long-term investors handsomely.
| Year | Low Approx | High Approx |
|---|---|---|
| 2030 | ₹1,600 | ₹2,000 |
Technical Analysis
- Monthly Chart Analysis:
The long-term monthly chart shows a consistent uptrend since 2020, with strong support at the 50 EMA (₹449.95) and 200 EMA (₹223.29). The recent breakout above ₹780 indicates bullish momentum. - Daily Chart Analysis:
The daily chart highlights a sharp recovery from ₹659, confirming the support at the 200 EMA. The volume spike indicates strong buying interest.
Praj Industries Quarterly Results 2024
| Details | Mar 2024 | Jun 2024 | Sep 2024 |
|---|---|---|---|
| Sales (₹ Cr.) | 1,019 | 699 | 816 |
| Operating Profit (₹ Cr.) | 131 | 92 | 86 |
| OPM (%) | 13% | 13% | 11% |
| Net Profit (₹ Cr.) | 92 | 84 | 54 |
| EPS (₹) | 5.00 | 4.58 | 2.93 |
Conclusion
Praj Industries is a key player in the renewable energy and biofuels sector, benefiting from strong government support and growing demand for green energy solutions. With consistent financial performance and innovative technologies, its share price is expected to grow steadily from 2024 to 2030.
Investors seeking long-term opportunities in sustainability may find it promising but should consider market risks and seek professional advice before investing.
