Saturday, September 26, 2009

 Golden Gem - Praj Industries

Hello Pirates

PRAJ INDUSTRIES

Praj is a global Indian company that offers innovative solutions to significantly add value in bio-ethanol, bio-diesel, brewery plants and process equipment & systems for customers, worldwide. Praj is a knowledge based company with expertise and experience in Bioprocesses and engineering. It has one of the largest resource bases in the industry with over 450 references across all five continents. Led by an accomplished and caring leadership, Praj is a socially responsible corporate citizen. Praj, which is the founding member of Global Growth Companies (part of World Economic Forum), is listed on the Bombay and National Stock Exchanges of India.

Market Cap 1,871.80 | * EPS (TTM) 7.10 | * P/E 14.37 | * P/C 13.51
* Book Value 24.17 | * Price/Book 4.22 | Div(%) 90.00 | Div Yield(%) 1.76
Market Lot 1.00 | Face Value 2.00 | Industry P/E 29.72
* As per latest stand alone adjusted profit after extra-ordinary items.

If we look at the charts : -


One can start buying this stock in between 96 - 100 & SL at 91 on closing basis, that targets for the stock are very high in medium term & in long term can be a multi bagger.

Buy Praj Industries between 96 - 100 SL 91 targets for short term 105 - 107 above 108 can touch 115 & 124 also possible & above 124 a long journey till its high 200 also possible in long term this stock can be a multi bagger but buy at dips & the levels said.

Trading in the stock market involves risk, thus trade with appropriate stop loss & book profits at appropriate levels, the above information are my personal views & one can trade in the stock at there own risk,.

We wish All the Pirates, Happy Hunting & All the Best.

Regards

Captain

1 comment:

  1. Hello Pirates

    The stock made an high of 104.50 near about 105 which was our target keep eyes on the stock.

    Regards

    Captain

    ReplyDelete