Case study

PRAJIND

Praj Industries Limited

Tread carefully1y model +3.7%

Each stock's 10,000-path forecast, rendered as light.

33Score

Praj Industries Limited (PRAJIND) Stock Analysis & Case Study

Is PRAJIND a good buy? The data-driven verdict.

Praj Industries Limited (PRAJIND) trades at ₹320,on the numbers it tread carefully, a Downstox Snapshot Score of 33/100.

On the numbers, Praj Industries Limited (PRAJIND) tread carefully, a Downstox Snapshot Score of 33/100, weighing expensive at 295.0× earnings, ROE of 1.5%, a 54% model probability of trading higher in a year. Below: the full bull case, bear case, sector-relative valuation, and a probability-weighted price target for 2027-2031.

Last updated . Data snapshot for research, not investment advice.

PRAJIND fundamentals at a glance, PE, PB, ROE, ROCE, market cap, dividend yield

Market cap
₹5,872 Cr
Current price
₹320
P/E ratio
295.0×
P/B ratio
4.49×
Book value
₹71
Dividend yield
1.13%
ROCE
6.1%
ROE
1.5%
Piotroski F-Score
4/8

How PRAJIND ranks against the 2,373 companies in our screener

Is PRAJIND overvalued? PRAJIND P/E vs peers

PRAJIND trades at 295.0× earnings. We don't have a verified sector peer group for this stock yet, so no sector peer median or peer comparison table is shown here. Showing one anyway would compare it against an arbitrary set of large-cap names, not real sector peers.

PRAJIND share price target 2027, 2028, 2029, 2030, 2031, a probability view

Unlike a single guessed number, this is a probability-weighted range from a 10,000-path Monte-Carlo simulation on 9.8y of PRAJIND history (14%/yr drift, 41%/yr volatility).

YearLow (P10)Median target (P50)High (P90)Upside vs today
PRAJIND 2027₹198₹337₹573+4%
PRAJIND 2028₹167₹349₹731+7%
PRAJIND 2029₹147₹362₹895+11%
PRAJIND 2030₹132₹375₹1,070+15%
PRAJIND 2031₹122₹389₹1,239+20%

Median (P50) is the central estimate; the P10-P90 band is the 80% confidence range. Probabilities, not promises.

What is the probability PRAJIND goes up, or doubles?

54%
Higher in 1 year
Modelled chance the price is above today in 12 months
58%
Higher in 5 years
Modelled chance the price is above today in 5 years
28%
Doubles in 5 years
Modelled chance of reaching ₹650 within 5 years

The bull case for PRAJIND

  • Praj Industries Limited is part of the nifty500 universe with live, tracked fundamentals on Downstox.
  • Upside scenario: the model's optimistic (P90) 3-year path reaches ₹895.

The bear case & risks

  • PRAJIND's P/E of 300.0x is lower than 3% of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
  • PRAJIND's return on equity of 1.5% ranks in the 18th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
  • Downside scenario: the model's pessimistic (P10) 3-year path falls to ₹147.

PRAJIND volatility & expected range, how bumpy is the ride?

Over the last 9.8 years PRAJIND compounded at 14%/year with annualized volatility of 41%. That volatility implies a 1-year 80% range of ₹198-₹573, the honest backbone behind any single price target.

PRAJIND price forecast, the full 60-month probability fan

Spot Price · Today
₹0
Based on 9.8 years of daily NSE data ·0.0% annualised volatility
5-yr median forecast
₹0
P(price ↑ in 5y)
0%
1-Year Forecast
2027
₹0
Median (P50)
3.7%
80% range₹198-₹573
P(price ↑)54%
P(price 2×)6%
3-Year Forecast
2029
₹0
Median (P50)
11.4%
80% range₹147-₹895
P(price ↑)56%
P(price 2×)21%
5-Year Forecast
2031
₹0
Median (P50)
19.7%
80% range₹122-₹1,239
P(price ↑)58%
P(price 2×)28%

PRAJIND price probability fan

Each band shows where 10,000 simulated paths land. The wider the fan, the more uncertainty.

Probability Fan
PRAJIND simulated paths · 60 months · 10,000 trials
P10-P90 (80%)P25-P75 (50%)Median (P50)

Probability of key outcomes

What are the odds PRAJIND hits common targets within the simulated horizon?

0%
P(↑ 1Y)
Above today's price in 1 year
0%
P(↑ 5Y)
Above today's price in 5 years
0%
P(2×)
Doubles within 5 years
0%
P(↓)
Falls below today in 5 years

Full multi-horizon detail on the PRAJIND price target & forecast page.

PRAJIND Piotroski F-Score: 4/8, how financially strong is it?

4/8

The Piotroski F-Score grades financial strength on profitability, leverage and efficiency checks. Downstox scores the eight checks it can verify from published filings, so 8 is full marks. PRAJIND scores 4/8, mixed financial health.

PRAJIND MTF margin & leverage across 10 brokers

Margin Trading Facility lets you buy PRAJIND with part of the capital. Lower margin % = higher leverage. Rates compared across 10 brokers (no competitor publishes this):

BrokerMargin requiredApprox. leverage
Upstox35.00%2.9×
Zerodha33.70%3.0×
Groww33.86%3.0×
Dhan33.70%3.0×
Kotak NeoCHEAPEST33.67%3.0×
Paytm Money34.82%2.9×
Pocketful34.00%2.9×
Anand Rathi33.70%3.0×
Bajaj Broking35.00%2.9×
Share India33.82%3.0×

Compare every broker on the PRAJIND MTF page.

About Praj Industries Limited: sector, index & market-cap context

Praj Industries Limited (PRAJIND) is a small-cap NSE-listed company, with a market capitalisation of ₹5,872 Cr. See more stocks on our screener.

How the PRAJIND Snapshot Score & forecast are built

The Downstox Snapshot Score is a transparent, rules-based read of Praj Industries Limited's public fundamentals plus a statistical forecast, not an analyst opinion. It rewards low-to-fair valuation, high ROE/ROCE, a strong Piotroski F-Score, a dividend, low volatility and a favourable probability of upside; it penalises rich valuations, weak capital efficiency, a low F-Score and high volatility. The price target is a 10,000-path Monte-Carlo simulation on real historical volatility, a distribution, not a single guess. The bull and bear cases are generated from the same data, so you always see both sides.

This is information, not investment advice. Do your own due diligence and consult a SEBI-registered adviser before investing.

PRAJIND analysis, FAQs

Is Praj Industries Limited (PRAJIND) a good buy?

On the numbers, Praj Industries Limited (PRAJIND) tread carefully, a Downstox Snapshot Score of 33/100, weighing expensive at 295.0× earnings, ROE of 1.5%, a 54% model probability of trading higher in a year. This is a data snapshot for research, not investment advice.

Is PRAJIND overvalued or undervalued?

PRAJIND trades at 295.0× earnings, expensive versus the ~22× long-run Nifty average.

What is the PRAJIND share price target for 2031?

PRAJIND's probability-weighted 2031 median target is ₹389, with an 80% range of ₹122-₹1,239 (10,000-path Monte-Carlo).

What is the probability PRAJIND doubles in 5 years?

The modelled probability of PRAJIND reaching ₹650 (2×) within 5 years is 28%.

What is the bull case for PRAJIND?

Praj Industries Limited is part of the nifty500 universe with live, tracked fundamentals on Downstox.

What are the risks in PRAJIND?

PRAJIND's P/E of 300.0x is lower than 3% of the 2,373 NSE companies in our screener, as of 9 Aug 2026. PRAJIND's return on equity of 1.5% ranks in the 18th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.

More on PRAJIND