Praj Inds spikes up
By
Research Desk
about 11 years ago
Praj Industries is doing pretty well today. The stock is currently up almost 2.5% at Rs.73.90, its current intra day high. Its 52-week high remains at Rs.79.15.
The stock is up on the basis of news doing the rounds that the Govt is very close to hiking the mandatory level for blending ethanol in petrol from current 5% to 10%. This is a much delayed hike, if and when it comes through. Read the Cover Feature on the entire dynamics of ethanol blending, to be loaded by 11.30.