Praj Industries Ltd will seek membersÂ’ nod for amalgamation of Praj Engineering Ltd with the company.
Praj Industries' impressive quarterly results sent the scrip spiraling to its 10% ceiling at Rs 44.10 in early trades on Monday.
India's biofuel sector witnessed another boost this week with Praj Industries, the Pune-based biofuel technology company, joining an Icrisat-backed consortium to promote ethanol production from sweet sorghum.
Praj Chairman Pramod Chaudhari said Khosla were taking a keen interest in developing ethanol industry in United States while Marubeni Corporation has interest in turnkey Projects, ethanol trading and investment in ethanol plants.
The markets opened pretty strong in line with global cues.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.