Shares of Praj Industries rose by 8% on September 28, 2024, following a series of achievements in the global energy transition market. The engineering company is working on various international projects, such as a low-carbon ethanol project, a sustainable aviation fuel project, a pilot plant for producing gas from an ethanol plant’s waste stream, and a carbon capture project.
In the June quarter, Praj commissioned its first maize-based ethanol plant in Brazil and subsequently signed a contract with another Brazilian ethanol company for a similar plant’s design and engineering.
Stock Price Details:
- Open: ₹765.00
- High: ₹825.00
- Low: ₹760.65
- Previous Close: ₹760.15
As of 11:23 am, Praj Industries shares were trading 8% higher at ₹821.00 on the NSE, indicating strong investor confidence in the company’s growth in the energy transition space.
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