Introduction:
Stock under ₹35 is entering Agricultural Waste Management, focusing on biogas, composting, and waste-to-energy. This move supports sustainability, clean energy, and rural development, aligning with government initiatives while enhancing growth opportunities and environmental responsibility.
Share Price movement of Pradhin:
On January 8, 2025, Pradhin Ltd’s share price rose 5% to ₹30.10 and hits its upper circuit from its previous close of ₹28.67. Opening at ₹30.09, the stock traded within a narrow range, reaching an intraday high of ₹30.10 and a low of ₹30.09, with a market cap of ₹69.19 crore.
Pradhin share price rise:
Pradhin Ltd. has announced its strategic entry into Agricultural Waste Management and Processing, focusing on biogas production, composting, biofertilizer production, waste-to-energy, and circular economy practices. This initiative aligns with the company’s goals of sustainable development and environmental responsibility.
By diversifying into this high-growth sector, the company aims to address the global demand for sustainable waste management solutions, support government initiatives promoting clean energy and sustainable agriculture, and strengthen revenue streams while contributing to environmental preservation and rural development.
Currently in the exploratory phase, Pradhin Ltd. will conduct feasibility studies, risk assessments, and market analyses to ensure the venture’s viability. The company commits to transparency, regulatory compliance, and stakeholder engagement, with updates provided promptly as the project progresses.
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Recent news About Pradhin Co:
Pradhin Ltd. announced a Board Meeting on January 17, 2025, to consider a stock split, interim dividend of up to 100%, and a 2:1 bonus share issue, subject to shareholder approval and regulatory compliance.
Ace investor holding of Pradhin:
Mahesh Kumar
Mahesh Kumar holds 3,29,054 shares of Pradhin Ltd., valued at ₹99.0 lakh at the current price of ₹30.10. His significant stake reflects confidence in the company’s growth potential and strategic initiatives in agricultural waste management and processing.
Sachin Jayprakash Jalan
Sachin Jayprakash Jalan owns 1,51,140 shares of Pradhin Ltd., with a market value of ₹45.5 lakh at the current price of ₹30.10. His investment highlights support for the company’s diversification into sustainable and high-growth sectors, boosting shareholder value.
Stock performance of Pradhin for Period of 1 week, 6 months and 1 year:
Pradhin’s stock showed mixed performance over various periods. It gained 18.5% in the past week, reflecting positive short-term momentum. However, over six months, it declined by 10.8%, and over one year, it registered a negative return of 9.33%, indicating challenges.
Shareholding pattern of Pradhin:
| Summary | Sep-24 | Jun-24 | Mar-24 |
| Promoter | 4.00% | 0 | 14.70% |
| FII | 0% | 0% | 0% |
| DII | 0% | 0 | 0% |
About Pradhin Co:
Pradhin Co. is an innovative company focusing on sustainable solutions and environmental initiatives. With a diverse portfolio, it emphasizes agricultural waste management, clean energy, and eco-friendly practices, aligning with modern sustainability goals while contributing to rural development and economic growth.
Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time The securities quoted are exemplary and are not recommendatory.
