According to the technical analyst from Anand Rathi, Garden Reach can rally to Rs 590, while Praj Industries can bounce back to Rs 412.
Analysts believe that the company sounded positive about the strong order inflows in the coming quarters, given government's target to achieve 20 per cent ethanol blending by 2025 (EBP-20)
The stock of RVNL has confirmed a range breakout above Rs 32.50-mark. he stock has potential to test Rs 35-mark in the coming sessions
The Netherlands-based Circular Biobased Delta has approved Praj's Bio-bitumen samples processed from purified lignin, as a part of their flagship CHAPLIN program
The management said the activity levels have remained positively elevated with continued traction in enquiries across several business verticals, including some significant order wins
In the past six months, the stock has zoomed 200 per cent as compared to a 23 per cent gain in the S&P BSE Sensex
Industrial biotechnology company Praj Industries on Friday said it has bagged a Rs 226.90 crore order from Indian Oil Corporation Ltd
Praj Industries on Thursday said it has entered into an agreement with the Institute of Chemical Technology (ICT) to jointly promote higher education and research in the areas of process development
For Praj Industries, the RSI has shown signs of positive bias with good volume
For Godrej Industries, the RSI has also recovered decently from the highly oversold zone and indicated a trend reversal to signal a buy
The stock surged 17 per cent to Rs 132 after the company reported net profit of Rs 22.43 crore in Q3FY19 against Rs 7.52 crore in the year-ago quarter.
The stock moved higher by 12 per cent to Rs 154, its highest level since September 22, 2008, on the BSE.
The stock was up 6% at Rs 137, rallying 25% in first seven days of the calendar year 2019 and trading at its highest level since September 26, 2008.
The company's 2G ethanol success hinges on the financing and the execution of these orders
Plans investment in biomass-based ethanol