Why Indiabulls Sec is Betting on Praj Inds?
(Sugar Industry) Praj Industries, a small cap company provides turnkey plants and equipments for fermentation and distillation systems used in bio fuels processing, primarily which are ethanol related.
Sabyasachi Ganguly, Analyst, Indiabulls Securities and author of a report on how the ethanol business is likely to benefit Praj Industries, says that Praj is expected to grow 25-30% on a compounded annual growth rate.
In an interview with CNBC-TV18, Ganguly spoke on why Indiabulls Sec is betting on Praj Industries. READ MORE