Ethanol stock engaged in manufacturing and supplying ethanol, fructose, sorbitol, and various other industrial chemicals jumped 4 percent in the day’s trade after Institutional Investor bought a stake in it.
Price Action
With a market capitalization of Rs. 1,385 Crores, the shares of Gulshan Polyols Limited were trading at Rs. 222.10 per equity share, up 1 percent from its previous day’s close price of Rs. 219.85.
What Happened
As per the Bulk/Block deal data available on NSE, Institutional Investor PGIM India Equity Growth Opportunities Fund Series 1, has purchased 5 Lakh equity shares of Gulshan Polyols Limited at an average price of Rs. 216.75 per equity share.
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About the Company
Gulshan Polyols Limited is a multi-product manufacturing company, it has a global presence in 35+ countries and it mainly operates in 3 business segments namely Grain Processing, Ethanol (bio-fuel)/distillery, and Mineral Processing. It is among the market leaders in manufacturing sorbitol, precipitated calcium carbonate (PCC), and wet-ground calcium carbonate.
Its business portfolio covers starch, starch sugars, calcium carbonate, alcohol and ethanol business, agro-based animal feed, on-site precipitated calcium carbonate plants, and many more.
Gulshan Polyols Limited’s Segmental revenue breakdown is as follows, 75 percent of its revenue comes from Grain Processing, 9 percent from Mineral Processing, and 16 percent from Ethanol.
Financials and Ratios
Its revenue from operations grew by 55 percent from Rs. 293.47 Crores in Q1FY24 to Rs. 454.56 Crores in Q1FY25, accompanied by profits of Rs. 4.39 Crores to Rs. 9.71 Crores.
In terms of Return ratios, it has reported a return on equity (ROE) of 3.05 percent and a Return on capital employed (ROCE) of 4.31 percent. It has reported a debt-to-equity ratio of 0.59.
Written by: Bharath K.S
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