How do you see the stock of Praj Industries after the latest order received from IOCL?
Answer
Answer
Praj Industries, which is predominantly into Industrial biotechnology services and alternate green power sources, has confirmed that it had received a huge order worth Rs.227 crore from the government owned Indian Oil Corporation.
The Rs.227 crore contracts from IOCL will entail the execution of zero liquid discharge system. This is effectively a water treatment package and waste water treatment program of Acrylic / Oxo-Alcohol Project. The location of the project will be IOCL Dumad in Gujarat.