PRAJ Industries

#1
Hey Guys! What is going on with Praj? It has been falling since January constantly not talking about this big market fall but before that. Is company going through some problems or reportig losses? What has changed fundamentally for this company? I had bought 200 shares @ 265 but now CMP is 150!

Is it worth holding this script for long term? How long will it take to reach the 300 levels?

Any good news expected in near term from Praj?

Please update me if you have any info.
 

diosys

Well-Known Member
#2
Hold it for 3 months....

Tata sons picked up 7.2% stake at 252....yes 7.2% stake in the company no small amount of 100 or 200 shares etc....

I have averaged it out today....

Booming ethnol would boster this giant....keep holding...
 
#3
It is disgusting to see this type of stock which is not holding its after bonus rate continuously for any 05 days?What is the future .......God knows.realy speculation....?
Please post your comments......waiting.
 

diosys

Well-Known Member
#4
RKA2005

do you know any history of this stock or not...

Last to last budget i bought this stock at 120....i.e.2006 after it's stock split from 1000 to 100....i.e.1 is to 10...then it went all the way upto 650 and investors were rewarded with a bonus of 1:1 .. the total value of this share from Nov 2005 has quadripled... what else would you require a stock to prove the consistency....

All this without any local market for its products....and now with India mandating 5% ethanol with petrol (10% from Oct 08)....IMAGINE the potential of this leader of this segment....
 

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