Axis Top Picks - Oct 2022 - Earnings Commentary & Festival Demand to Drive the Market
Axis Top Picks basket delivered flattish returns (+0.2%) in a highly volatile Sep’22 which reported a rather mixed performance across sectors and...
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Praj Industries Ltd - Lack of Momentum in Bio-Energy Impacts Business; Downgrade to SELL
The prevailing geopolitical environment and uncertainty surrounding US tariff policies further delayed capital expenditure decisions.
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Praj Industries Ltd - Bioenergy Regaining Momentum; Maintain HOLD
Healthy bioenergy order inflow: The company’s order inflow increased during the quarter after declining for four consecutive quarters.
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Praj Industries Ltd - Engineering & CBG Gaining Traction; Share of Exports Increasing
Developing new growth avenues: On the 1G ethanol front, 90% of the the order booking came from starchy feedstock segment, as compared to Sugary...
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Praj Industries Ltd - All Segments Show Strong Growth Potential, Sugar Blip in Short Term
Praj Industries numbers missed our estimates on all fronts due to lower order booking in current quarter from sugar based-plants.
327 Views