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Sir,
On what basis you are saying promoters are selling at higher price. In fact promoters bought large no. of shares in open market at aprice more than Rs 62. Pl check with NSE, BSE sites under praj announcements.
Secondly, Praj derives most of its income in dollar terms. Any weakness in rupee will help Praj post decent earnings....
Praj Industries
पोस्ट करनेवाले :
uramasainvestors must be careful in case of praj, as this co is not in good books as their promoter are selling at higher levels. you may be trapped. world market may again slip . rupee is prone to slide more. so take informed decisions while investing. my target is 45.00 with stop loss of 57.00. ...
Praj Industries
पोस्ट करनेवाले :
211970see the clarity always follow big fish like(vikas bhatia) ....
At 15:14 hrs, Praj Industries was trading at Rs 55.10 up 8.46%, with a huge increase in its volume of shares traded. Till now over 343,167 shares were traded as compared to its 5-day average of 133,787 shares. See more...
You are right. I too heard that results for Q4 will be exceedingly good. My price target is Rs. 65 by next week....
Praj Industries
पोस्ट करनेवाले :
tlakshmikanth
Praj Industries
Engineering
55.10
922.96k
+4.30
(8.46%)
55.25
50.75
94.70
50.10
...
what now friend?...
Praj Industries
पोस्ट करनेवाले : Lalit JoshiResults are positive with increase revenues and incomes - My target for Praj Industries is Rs 62 for the short term with a stoploss of Rs 49...
Praj Industries
पोस्ट करनेवाले : Lalit JoshiPRAJ has the potential to further go upward upto 65 as the revenues of the company are on increasing trend and the business of the company has good future as they their principal business is manufacturing the plants for the ethanol / alcohal which no doubt will increase in furture....
Praj Industries
पोस्ट करनेवाले : Web Messenger
Sell Praj Industries with a target of Rs 49 and stop loss of Rs 51.50, says Deepak Mohoni of Trendwatch India on ET Now.
Source : money.rediff
http://t.in.com/1dLB...
