Praj Industries Limited
Canara Robeco Mutual Fund decreased its stake in Praj Industries by selling 300,638 shares, reducing its holding from 4.73% to 4.57%. The shares were worth approximately ₹10.24 Cr at a share price of ₹340.50. Mutual funds have continuously reduced their stake in Praj Industries over the past four consecutive quarters.
A biotechnology and engineering company that develops sustainable solutions across bioenergy, water purification, process equipment, breweries, and wastewater treatment sectors. The company specializes in farm-to-fuel technology and environmental solutions, combining engineering expertise with biotechnology innovation. Founded in 1983, it serves clients globally through operations in Thailand, Philippines, and the USA, focusing on energy efficiency and environmental sustainability.
Joint venture between Canara Bank and Robeco of Netherlands. Manages over Rs 1.5 lakh crore. Canara Robeco Equity Hybrid Fund and Canara Robeco Emerging Equities are among its best-regarded offerings with long consistent track records. Backed by the Canara Bank network for distribution across Tier 2 and Tier 3 India.