Stock Market Today: Multibagger Praj Industries share price gained 14% during the intraday trades on Friday. The company is targeting 3 times revenue growth by 2030 as per its release on the exchanges
Praj Industries share price opened at ₹676.00 on the BSE on Friday . only slightly higher than the previous closing price of ₹675.90. Praj Industries share price neverteless gained to touch intraday highs of ₹769.60, marking gains of close to 14% as the company highlighted new opportunities on the horizon.
As per the release by Praj Industries it is aiming for three times revenue growth by 2030 tapping new opportunities are on the horizon.
By 2030, Praj Industries wants to treble its income with an emphasis on biopolymers, sustainable aviation fuel, and the energy transition. Chairman Dr. Pramod Chaudhari and important executives presented strategies to take advantage of new prospects during a news conference.