not for short term. the company is into bio energy generation, which I believe next revolution, as every government want to reduce co2 and green house gases, this company has done so many research in generating clean energy. there profit is also good which is not exponential but they are able maintain good levels. debt is 0 . I wanted to share this , but you can once do your own research and invest.
You are absolutely right in my view. The EBP policy of govt is the reason u should go Long in Praj Ind. The company is well poised to ride the whole Ethanol story and the sugar sector.
ChandraVamshi
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@Freedom221416, yes the government want to blend ethanol with petrol around 20-25%, by 2025 but the production is very less than demand, it is huge opportunity for Praj industries.
UnknownUnicorn21163889
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@ChandraVamshi, yes. Seeing todays move also. Loving it. Right time to buy more now since it is now LTP 330