Praj Industries is currently trading at Rate RS 489.55, up by 3.60 points or 0.74% from its previous close of Rate RS 485.95 on the BSE.

The stock opened at Rate RS 489.90 and has touched an intraday high of Rate RS 495.50 and a low of Rate RS 488.05 so far. A total of 31,341 shares have been traded on the counter.

Classified under the BSE group 'A', the stock with a face value of Rate RS 2 had touched a 52-week high of Rate RS 874.30 on January 1, 2025, and a 52-week low of Rate RS 441.45 on May 7, 2025. For the past week, the stock has traded between Rate RS 503.40 and Rate RS 477.10. The current market capitalization stands at Rate RS 9,004.08 crore.

Promoter holding in the company is 32.81%, while institutional and non-institutional investors hold 36.67% and 30.52%, respectively.

Praj Industries has entered into a strategic Memorandum of Understanding (MoU) with the International Air Transport Association (IATA) and the Indian Sugar & Bio-energy Manufacturers Association (ISMA) to promote the certification and adoption of Sustainable Aviation Fuel (SAF) in India.

The collaboration aims to conduct a comprehensive Life Cycle Assessment (LCA) of SAF produced from Indian sugarcane feedstock through the Ethanol-to-Jet (ETJ) pathway. This assessment will help determine the environmental and economic feasibility of indigenous SAF production.

A key focus will be establishing an accurate Carbon Intensity (CI) metric, which measures greenhouse gas emissions per unit of energy (in gCO₂e/MJ), to evaluate the sustainability of SAF compared to conventional jet fuel.

The MoU also outlines the development of a certification framework tailored to Indian conditions. This framework will align with global sustainability benchmarks, such as the International Sustainability and Carbon Certification (ISCC) CORSIA and the Roundtable on Sustainable Biomaterials (RSB) CORSIA standards.

This partnership reinforces India’s growing leadership in sustainable aviation and marks a significant step towards reducing the carbon footprint of the aviation industry.

Praj Industries is recognized globally for its solutions across Biofuels, Biomaterials, Energy Transition & Climate Action, Critical Process Equipment & Modularization, High Purity Water Systems, Brewery & Beverages, and Zero Liquid Discharge Systems.