Praj Industries

June 18 (Reuters) - Praj Industries Ltd PRAJ.NS:

• PRAJ INDUSTRIES LTD - APPOINTMENT OF SACHIN RAOLE AS JOINT MANAGING DIRECTOR CFO

Source text: [ID:]

Further company coverage: PRAJ.NS

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April 28 (Reuters) - Praj Industries Ltd PRAJ.NS:

• PRAJ INDUSTRIES LTD - APPOINTS SACHIN RAOLE AS JOINT MANAGING DIRECTOR & CFO

Source text: ID:nBSEbCNVzY

Further company coverage: PRAJ.NS

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April 20 (Reuters) - Praj Industries Ltd PRAJ.NS:

• PRAJ INDUSTRIES LTD - LAUNCHES LAB TO FOCUS ON AI-ENABLED PRECISION FERMENTATION AND NEXT-GENERATION BIOPROCESSES

Source text: ID:nNSE6BS2d7

Further company coverage: PRAJ.NS

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Feb 12 (Reuters) - Praj Industries Ltd PRAJ.NS:

• PRAJ INDUSTRIES DEC-QUARTER CONSOL NET LOSS 123.9 MILLION RUPEES

• PRAJ INDUSTRIES DEC-QUARTER CONSOL REVENUE FROM OPERATIONS 8.41 BILLION RUPEES

Source text: ID:nBSE6sL3NY

Further company coverage: PRAJ.NS

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July 1 (Reuters) - Praj Industries Ltd PRAJ.NS:

• ASHISH GAIKWAD APPOINTED AS MANAGING DIRECTOR EFFECTIVE JULY 1, 2025

Source text: ID:nBSE8m5KXW

Further company coverage: PRAJ.NS

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** Shares of Praj Industries PRAJ.NS rise 3.2% to 504.80 rupees

** Enersur S.A. selects PRAJ for biorefinery project in Paraguay

** PRAJ to support development, assessment, and phased implementation of biorefinery project

** Trading vols at 2.7 mln shares, 2.9x the 30-day average

** PRAJ down ~39% YTD

(Reporting by Vijay Malkar)

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MEXICO CITY, June 4 (Reuters) - Paraguayan President Santiago Pena has announced a deal to build a new $150 million biofuel plant through national investment and with collaboration from India's Praj Industries PRAJ.NS, his office said in a statement Wednesday.

(Reporting by Daniela Desantis; Writing by Aida Pelaez-Fernandez; Editing by Sarah Morland)

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** Shares of Praj Industries PRAJ.NS fall 6.6% to 474.60 rupees

** Industrial products maker reports 56.7% Y/Y decline in Q4 consol net profit to 398.1 mln rupees ($4.7 mln)

** Revenue down 15.6% Y/Y at 8.6 bln rupees

** Trading vols at 2.6 mln shares, over 4x the 30-day average

** PRAJ down ~42% YTD

($1 = 85.0250 Indian rupees)

(Reporting by Vijay Malkar)

(([email protected];))

** Shares of Praj Industries PRAJ.NS slide 5.3% to 602.1 rupees, their lowest levels in near eight months

** The biotechnology firm's Dec-qtr consol consol net profit slumps ~42% y/y to 411 mln rupees ($4.7 mln) as expenses grew 8.3%; rev rose ~3%

** Co said delays in readying its Mangalore facility impacted business activity in FY25

** Analysts' avg rating on stock is "buy", median PT is 870 rupees - LSEG data

** Stock has lost ~27% so far in Jan, while Nifty 500 index .NIFTY500 down ~4%

($1 = 86.6400 Indian rupees)

(Reporting by Manvi Pant in Bengaluru)

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Jan 30 (Reuters) - Praj Industries Ltd PRAJ.NS:

• APPOINTS ASHISH GAIKWAD AS MANAGING DIRECTOR-DESIGNATE EFFECTIVE 3RD FEBRUARY 2025

Source text: ID:nNSE1cvl36

Further company coverage: PRAJ.NS

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Jan 22 (Reuters) - Bharat Petroleum Corporation Ltd BPCL.NS:

• APPROVED FORMATION OF JOINT VENTURE COMPANY PRAJ INDUSTRIES

• JOINT VENTURE FOR SETTING UP OF COMPRESSED BIO GAS PLANTS

Source text: [ID:]

Further company coverage: BPCL.NS

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Nov 22 (Reuters) - Praj Industries Ltd PRAJ.NS:

• EXPECTING TO TRIPLE ITS REVENUES BY 2030

Source text: ID:nBSE7NykW1

Further company coverage: PRAJ.NS

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July 25 (Reuters) - Praj Industries Ltd PRAJ.NS:

• PRAJ INDUSTRIES JUNE-QUARTER CONSOL NET PROFIT 841.8 MILLION RUPEES

• PRAJ INDUSTRIES JUNE-QUARTER CONSOL REVENUE FROM OPERATIONS 6.99 BILLION RUPEES

Further company coverage: PRAJ.NS

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** Shares of India-based biotechnology co Praj Industries PRAJ.NS rise as much as 5.2% to 527 rupees; last up 4.6%

** Co reported a 4.3% Y/Y rise in its March-qtr consolidated net profit to 919.3 mln rupees ($11 mln)

** Revenue from operations rose 1.5% Y/Y

** PRAJ's board of directors also proposed a final dividend of 6 rupees per share

** More than 1.2 mln shares change hands by 10:15 a.m. IST, 2.1x the 30-day avg

** Including session's move, stock is down 5.6% YTD

($1 = 83.2800 Indian rupees)

(Reporting by Navamya Ganesh Acharya in Bengaluru)

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May 30 (Reuters) - Praj Industries Ltd PRAJ.NS:

• PRAJ INDUSTRIES LTD - DIVIDEND 6 RUPEES PER SHARE

Source text for Eikon: ID:nBSE2h2KXg

Further company coverage: PRAJ.NS

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** Indian capital goods firms to report strong Q4 earnings on healthy order inflows and execution, says Prabhudas Lilladher

** Brokerage notes strength in domestic, key export markets like Middle East, Africa; says European market outlook, Chinese competition key monitorables

** Expects energy and services businesses to lead Q4 rev jump for Larsen & Toubro (L&T) LART.NS; Siemens' SIEM.NS rev growth to be aided by mobility and smart infra segments

** However, it flags Cummins India's exports CUMM.NS to be muted on softness in China, Europe, and lower core profit margin for Bharat Electronics BAJE.NS on higher input costs

** LART, Triveni Turbine TRVT.NS, Praj Industries PRAJ.NS, Grindwell Norton GRNN.NS and Carborundum Universal CRBR.NS brokerage's top picks among twenty firms in coverage

** GRNN flat, CUMM and BAJE up 1.8% and 2.2% respectively, while LART, TRVT, SIEM, PRAJ and CRBR down between 0.2%-2%

(Reporting by Hritam Mukherjee in Bengaluru)

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Oct 31 (Reuters) - Praj Industries Ltd PRAJ.NS:

• INDIA'S PRAJ INDUSTRIES LTD SEPT-QUARTER CONSOL NET PROFIT 623.6 MILLION RUPEES VERSUS PROFIT 481.3 MILLION RUPEES

• PRAJ INDUSTRIES LTD SEPT-QUARTER CONSOL REVENUE FROM OPERATIONS 8.82 BILLION RUPEES VERSUS 8.81 BILLION RUPEES

Source text for Eikon: ID:nBSE4rr1Ml

Further company coverage: PRAJ.NS

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** Shares of Indian sugar manufacturers gain between 2.6% and 13%

** Rise after India announced launch of global biofuel alliance at G20 summit

** India advanced deadline by 5 years for doubling nationwide ethanol blending in gasoline to 20%

** Ethanol is derived from sugarcane through fermentation and is used as alternative to fossil fuels

** Shares of Praj Industries PRAJ.NS hit record high, rising 15.3% to 598 rupees

** Shares of Shree Renuka Sugars SRES.NS, Dwarikesh Sugar Industries DWAR.NS, Balrampur Chini Mills BACH.NS, Dalmia Bharat Sugar and Industries DLMI.NS rise between ~3.5% and 7.2%

** Volumes of SRES.NS, DWAR.NS, BACH.NS and DLMI.NS around 0.7x-0.8x the 30-day avg as of 09:47 a.m IST, while PRAJ volumes at 2.6x the 30-day avg

(Reporting by Anisha Ajith in Bengaluru)

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July 26 (Reuters) - Praj Industries Ltd PRAJ.NS:

• JUNE-QUARTER CONSOL NET PROFIT 586.6 MILLION RUPEES VERSUS 412.6 MILLION RUPEES

• JUNE-QUARTER CONSOL REVENUE FROM OPERATIONS 7.37 BILLION RUPEES VERSUS 7.32 BILLION RUPEES

Source text for Eikon: ID:nBSE54hb1G

Further company coverage: PRAJ.NS

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** Shares of Praj Industries PRAJ.NS rise as much as 5.95% to 392.7 rupees, biggest pct gain since May 26

** PRAJ and Indian Oil Corp IOC.NS on Thursday said they will form a joint venture (JV) for building biofuels production capacities in India

** Shares of IOC rise as much as 2.7% to 98.9 rupees, highest since Oct. 4, 2019

** Over 1.8 mln shares of PRAJ change hands in early trading, while IOC volume around 9.4 mln shares

** PRAJ and IOC trading above their respective MACD lines, indicating bullish sentiment

** As of last close, PRAJ up 4.1% and IOC up 28.9% this year

(Reporting by Ashna Teresa Britto in Bengaluru)

(([email protected] ; ( +91 8078332441))

July 6 (Reuters) - Indian Oil Corporation Ltd IOC.NS:

• CO AND PRAJ TO FORM JV FOR BUILDING BIOFUELS PRODUCTION CAPACITIES IN INDIA

Source text for Eikon: ID:nBSE31y9Cg

Further company coverage: IOC.NS

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NEW DELHI, June 14 (Reuters) - Indian Oil Corp IOC.NS will set up an 80,000 tonnes sustainable aviation fuel plant with LanzaJet in Haryana, the refiner's chairman said on Wednesday.

The company is looking at an investment of about 23 billion rupees ($280.1 million), S.M. Vaidya said on the sidelines of an industry event in New Delhi.

The refiner is also running a pilot project for green fuel in association with Praj Industries PRAJ.NS in the western state of Maharashtra, Vaidya added.

($1 = 82.1200 Indian rupees)

(Reporting by Mohi Narayan in New Delhi; Editing by Dhanya Ann Thoppil)

(([email protected]; (+91 9945291420); Reuters Messaging: [email protected]))

** Shares of India-based biotechnology co Praj Industries PRAJ.NS rise as much as 8.4% to 386.9 rupees

** Stock touches highest level since Dec. 19; biggest intraday pct gain since March 29

** Stock on track for second consecutive session of gains, if trends hold

** Co reports 52.8% rise in consolidated net profit to 881.1 mln rupees ($9.8 mln) from 576.5 mln rupees a year earlier

** Rev from ops up 20.8% Y/Y at 10.04 bln rupees

** About 4.9 mln shares change hands, 13.6x the 30-day avg - Refinitiv Data

$1 = 82.6441 Indian rupees

(Reporting by Navamya Ganesh Acharya in Bengaluru)

(([email protected]; +91 8805175330 ;))

May 25 (Reuters) - Praj Industries Ltd PRAJ.NS:

• FORMING OF JOINT VENTURE WITH INDIAN OIL CORPORATION

• JOINT VENTURE WITH 50:50 EQUITY PARTICIPATION

• JVC WOULD SET UP BIOFUEL PRODUCTION FACILITIES AND MARKETING OF CBG, ETHANOL, SAF

• IOCL AND PRAJ INDUSTRIES SHALL INFUSE AN INITIAL CAPITAL AMOUNT 5 MILLION RUPEES EACH INTO JV

Source text for Eikon: ID:nBSE3mkMy5

Further company coverage: PRAJ.NS

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April 3 (Reuters) - Praj Industries Ltd PRAJ.NS:

• PRAJ INDUSTRIES LTD - INCORPORATED UNIT PRAJ GENX

Source text for Eikon: ID:nBSE256qCs

Further company coverage: PRAJ.NS

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