Hey investors, feeling the green energy vibe? The Praj Industries share price just delivered a solid 8.25% jump on February 17, 2026, climbing to around ₹327.50 from yesterday’s close of ₹302.55. After a rough 45% drop over the past year, today feels like buyers are finally saying “enough is enough.”
Praj Industries Share Price
- Current Price: ~₹327.50
- Today’s Change: +8.25%
- 52-Week Range: ₹273.00 – ₹591.90
- Key Level: Now trading near the bottom, looking like a classic value zone
What’s Driving the Surge?
First big reason: Prabhudas Lilladher upgraded the stock to “Accumulate.” They pointed out that after the sharp fall, valuations have become very reasonable — roughly 26 times September 2027 expected earnings. That’s attractive for long-term players.
Second, Praj is making real headway in Sustainable Aviation Fuel (SAF). They recently showed they can turn bio-ethanol into SAF using Axens Jetanol™ technology. This puts them right at the front of the “Alcohol-to-Jet” race — a massive future market.
Third, delivery volumes jumped over 24% above the 5-day average. That usually means big institutions are quietly building positions instead of day-trading.
Plus, the company’s GenX unit landed fresh orders for Carbon Capture, Utilization, and Storage (CCUS) equipment. This shows Praj is successfully moving beyond just ethanol plants into next-gen green solutions.
Performance at a Glance
| Metric | Value (Approx.) | Quick Take |
|---|---|---|
| Current Price | ₹327.50 | Strong bounce today |
| 52-Week Range | ₹273 – ₹591.90 | Sitting near the low end |
| Technical Signal | Bullish Reversal | Above 5, 20 & 50-day moving averages |
| Forward P/E (FY27) | ~26x | Looks much better than TTM 106x |
What’s Next for Praj Industries Share Price?
The chart shows a clear reversal pattern — price now sits above key moving averages. But watch resistance near the 200-day average and ₹333 level. If it holds and breaks higher, this could turn into a longer up-move.
For anyone hunting value in green energy stocks, today’s action makes Praj Industries share price worth a close look. The combo of cheap valuation, SAF progress, and institutional buying is hard to ignore.
Disclaimer: This content is for informational purposes only and should not be considered professional [financial/legal/medical] advice. Always seek the advice of a qualified professional before making any decisions based on this information.
Sources & References
- https://groww.in/stocks/praj-industries-ltd
- https://www.business-standard.com/markets/praj-industries-ltd-share-price-3458.html
Yogesh Kolhe is a business and market news writer covering the share market, company earnings, and gold and silver price movements, with a strong focus on the automobile sector. A Mechanical Engineering graduate with 5 years of share market experience, he provides data-driven, reliable insights into market and industry trends.
