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Praj Industries soars on securing order to set up Compressed Biogas plant

09 Mar 2021 Evaluate

Praj Industries is currently trading at Rs. 188.15, up by 5.45 points or 2.98% from its previous closing of Rs. 182.70 on the BSE.

The scrip opened at Rs. 186.70 and has touched a high and low of Rs. 189.80 and Rs. 174.20 respectively. So far 456810 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 189.90 on 09-Mar-2021 and a 52 week low of Rs. 43.00 on 25-Mar-2020.

Last one week high and low of the scrip stood at Rs. 189.90 and Rs. 164.20 respectively. The current market cap of the company is Rs. 3461.19 crore.

The promoters holding in the company stood at 32.92%, while Institutions and Non-Institutions held 28.37% and 38.71% respectively.

Praj Industries has bagged the prestigious breakthrough order from Hindustan Petroleum Corporation (HPCL) for setting up Compressed Biogas (CBG) project at Badaun in Uttar Pradesh. Praj is offering its State of the art, worlds' first of its kind RenGas technology developed using proprietary microbe to produce CBG from rice straw.

The project has capacity to process 35000 MT of rice straw as feedstock to generate 5250 MT of CBG annually. In addition, the project will also generate 23,000 MT high quality solid biomanure and 350,000 MT of liquid bio-manure for ferti-irrigation. This project has a potential to save up to 15000 MT of CO2 emissions per year. The project will be completed and commissioned within 12 months timeframe.

Praj Industries is a Process Engineering and Technology Company offering innovative end-to-end solutions for biofuels, brewery, industrial processes & water and waste water treatment systems.

Praj Industries Share Price

350.75 1.60 (0.46%)
17-Apr-2026 16:59 View Price Chart
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