FUNDAMENTAL ANALYSIS-
company's working sector -
company's working model is based on green environment promoting technology. ethanol blending, biofuel, bioenergy , praj HI-purity systems , water and waste water treatment ,brewery plants and equipment's and R&D in industrial biotechnology sector. As we know global warming is serious issue world wide right now, government has taken initiatives to reduce global warming but as industrialization growth going in India this green environment concept is going to be in limelight in upcoming years. praj industries is going to be leader in this sector as they had taken lead ,diversifying their projects in every green environment aspects and constantly improving and developing in this field.
financial status-
1.intact revenue and profit
2. constant growth in EBITDA , PBT
3. company has good amount of free ash flow.
4. dividend paying company.
5. 1 year return- 218.75%
technical analysis-
bullish pole and pattern, current status - chart is in flag mode
buying levels -
1st level - around 310 created double bottom and again approaching their
2nd level - around 280 50% Fibonacci retracement level
3rd level - around 260 most important buying zone buying at 260 level is worth of buying praj industries
this stock has potential to grow in upcoming year as company's working model is futuristic.
all the fundamentals are referred by using tickertape software.
this study is for education purpose only.
company's working sector -
company's working model is based on green environment promoting technology. ethanol blending, biofuel, bioenergy , praj HI-purity systems , water and waste water treatment ,brewery plants and equipment's and R&D in industrial biotechnology sector. As we know global warming is serious issue world wide right now, government has taken initiatives to reduce global warming but as industrialization growth going in India this green environment concept is going to be in limelight in upcoming years. praj industries is going to be leader in this sector as they had taken lead ,diversifying their projects in every green environment aspects and constantly improving and developing in this field.
financial status-
1.intact revenue and profit
2. constant growth in EBITDA , PBT
3. company has good amount of free ash flow.
4. dividend paying company.
5. 1 year return- 218.75%
technical analysis-
bullish pole and pattern, current status - chart is in flag mode
buying levels -
1st level - around 310 created double bottom and again approaching their
2nd level - around 280 50% Fibonacci retracement level
3rd level - around 260 most important buying zone buying at 260 level is worth of buying praj industries
this stock has potential to grow in upcoming year as company's working model is futuristic.
all the fundamentals are referred by using tickertape software.
this study is for education purpose only.