Stock Market Today, Aug. 12 -- Praj Industries share price declined more than 9% post Q1 results that were declared after the market hours on Monday. Do you own it?

Praj Industries reported a net profit of Rs.5.34 crore during the April-June 2025 quarter, marking a decline of more than 90% compared to Rs.84.18 crore in the April-June 2025 quarter, leading to disappointment among market participants and a significant decline in the Praj Industries share price. On a sequential basis too, the reported net profit declined significantly compared to Rs.39.82 crore in the January-March 2025 quarter.

The decline, as per the management, was attributed to the domestic ethanol market participants taking a cautious stance after meeting the 20% EBP ...