Where is Praj Industries stock headed over the next 3 years?
Live MintPraj Industries stands out as a leader in the ethanol ecosystem, specializing in the design, manufacturing, and supply of fermentation and distillation equipment for ethanol production. While bioenergy remains Praj’s core revenue driver, the company’s growth story is equally defined by two other segments: engineering and HiPurity Systems. Growth drivers Praj Industries is charting an ambitious path to triple its revenue by 2030, targeting ₹100 billion, driven by key growth areas like bioenergy, sustainable aviation fuel, biopolymers, and energy transition technologies. The current valuation reflects a premium, driven by Praj’s consistent revenue and profit growth and its strategic focus on high-growth sectors like sustainable aviation fuel and green hydrogen. In the next three years, Praj’s ability to execute its ambitious growth plans, expand its international footprint, and capitalize on sustainability trends will shape its stock trajectory.
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