Bioenergy, exports to drive Praj Industries’s earnings growth
Praj Industries Ltd’s investors find themselves in a sweet spot. After all, the shares have jumped by almost 67% in the past six months. The company aims to triple its revenue by FY30, it said in a recent analysts meeting.
The management also cited its two-pronged strategy to focus on bio-mobility (decarbonizing the transportation industry through advanced, next generation, and conventional biofuels) and bio-prism (technologies for production of renewable chemicals and materials).