Praj Industries Hits 2-Year Low After Sharp Q1 Profit Drop
PRAJIND
fell as much as 8.8% intraday on 12 Aug 2025, marking its seventh straight loss and a 13.44% decline over the period. The fall followed a 93.7% YoY drop in Q1FY26 PAT, impacted by cautious ethanol market sentiment and geopolitical headwinds.
Technically, the stock broke below the neckline of a kind of Head & Shoulders pattern — not a perfect formation as the right shoulder is smaller — signaling further weakness. It is now over 53% below its 52-week high.
Revenue from operations stood at ₹640.20 crore versus ₹699.14 crore last year and ₹859.69 crore in Q4FY25.
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