Shares of Praj Industries Ltd. gained as much as 7% on Thursday, January 16, ahead of the Union Cabinet meeting and its outcome later in the day. Sources told CNBC Awaaz that a decision might soon be taken to increase the prices for Ethanol. The price of B-Heavy Molasses can be increased by ₹1.82 per litre, while those for cane juice can be increased by ₹1.31 per litre, according to the sources.