Praj Industries Up To The Formation Of The New Unit In South Africa

The announcement was made after market hours Tuesday, September 6, 2011.

Meanwhile, the BSE Sensex was up 216.58 points, or 1.28% at 17,079.39.

On BSE, 2.31 lakh shares were traded over the counter compared to the average volume of 3.49 lakh shares during the last two weeks.

In stock has reached a level of Rs 75.60 and low of Rs 73.20 so far during the day.

Praj Industries said the new wholly owned subsidiary, Praj Industries (Africa), to ensure the interests of the company’s business in Africa.

Praja Industries net income ‘grew by 31.9% and R 13.67 crore is a 75.4% jump in turnover of RS 164.29 crore in Q1 June 2011 over Q1 June 2010.

Praja Industries offers innovative solutions to a significant added value to bioethanol, alcohol, plants beer, process equipment, water and wastewater treatment systems for customers around the world


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