Praj Industries is a process and project engineering company based in Pune. NSE Code of Praj Industries is PRAJIND. BSE Code of Praj Industries is 522205. Face value of Praj Industries is Rs. 2. It is not available for Future and Options trading.
15 May 2021: Praj Industries closed at 313.05 (NSE Closing price as on 14 May 2021). We have seen good rally in this stock in last couple of months and stock made its 52 week high 351.15, more than 500% return in last one year (low made 43 in March 2020). Stock now looks over bought and one should wait for 260-270 level to reenter in this stock for investment purpose only if market stable. For Monday, 17 May immediate support at 304-305, if it sustain below these level then we can see more downside upto 299/295 levels. Some rally we can see above 317-318 levels in this counter. Above view only for educational purpose.