₹1 to ₹389: Debt-free multibagger stock turns ₹1 lakh to ₹5.06 Cr in 23 years: Should you buy?
The industrial sector is the focus of Praj Industries Ltd, a mid-cap company with a market valuation of ₹7,170.60 Crore.
The industrial sector is the focus of Praj Industries Ltd, a mid-cap company with a market valuation of ₹7,170.60 Crore. Praj is a market leader with a wide range of environmentally friendly solutions for breweries, high-purity water, critical process equipment, and bioenergy. With its headquarters in Pune, India, Praj has established a global presence in more than 100 nations across all five continents. Companies like Adani Solar, Indian Oil, Heneiken, Deepak Fertilizers, SAB Miller, Bajaj Hindustan, UB Group, Biocon, Procter & Gamble, Ranbaxy, Lupin, BASF, etc. are among PRAJ's multiple notable clients. According to Value Research's statistics, Praj Industries Ltd. is presently a debt-free company and is one of the stocks that has made investors crorepati over a 23-year period, providing a rationale for sticking with long-term stock market investments.
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