India's Praj Industries jumps most in nearly 6 months

Praj Industries

29/03/2023 07:22

** Shares of Praj Industries Ltd  PRAJ.NS  rise as much as
8.1% to 327.5 rupees, their biggest intraday pct gain since Oct
6, 2022
    ** Co snaps out of three consecutive session of losses 
    ** More than 1.6 mln shares change hands vs 3.5x 30-day avg
of 456,000 shares
    ** Analysts covering the stock on average have a "strong
buy" rating; median PT is 476.5 rupees - Refinitiv data
    ** Stock down 14.9% YTD, as of last close


 (Reporting by Ashna Teresa Britto in Bengaluru)
 ((AshnaTeresa.Britto@thomsonreuters.com ; ( +91 8078332441))