{"id":114901,"date":"2023-12-05T12:45:17","date_gmt":"2023-12-05T07:15:17","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=114901"},"modified":"2023-12-05T12:46:06","modified_gmt":"2023-12-05T07:16:06","slug":"smallcap-stock-jumps-up-to-4-after-receiving-a-contract-worth-571-cr-from-bpcl-hpcl-and-iocl","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/smallcap-stock-jumps-up-to-4-after-receiving-a-contract-worth-571-cr-from-bpcl-hpcl-and-iocl\/","title":{"rendered":"Smallcap stock jumps up to 4% after receiving a contract worth \u20b9 571 Cr from BPCL, HPCL and IOCL\u00a0"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-4192176262\"><p><a href=\"https:\/\/tradebrains.in\/get\/telegram\/\"><img decoding=\"async\" class=\"alignnone wp-image-101992\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/01\/telegram-channel-300x119.png\" alt=\"\" width=\"148\" height=\"59\" \/><\/a> <a href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN3Epgswxc--Aw?hl=en-IN&amp;gl=IN&amp;ceid=IN%3Aen\"><img decoding=\"async\" class=\"alignnone wp-image-123430\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png\" alt=\"follow-on-google-news\" width=\"222\" height=\"61\" srcset=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png 300w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-150x41.png 150w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news.png 468w\" sizes=\"(max-width: 222px) 100vw, 222px\" \/><\/a><\/p>\n<\/div><p>Small-cap ethanol stock jumps 4 percent in the day\u2019s trade after its bags order worth Rs. 571 Crores from Bharat Petroleum Corporation Limited (BPCL), Indian Oil Corporation (IOCL), and Hindustan Petroleum Corporation.&nbsp;<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-551200479\"><!-- Composite Start --> \r\n <div id=\"M923760ScriptRootC1549812\"> \r\n <\/div> \r\n <script src=\"https:\/\/jsc.mgid.com\/t\/r\/tradebrains.in.1549812.js\" async> \r\n <\/script> \r\n <!-- Composite End --><\/div><p><strong><a href=\"https:\/\/portal.tradebrains.in\/stock\/GULPOLY\/consolidated\" target=\"_blank\" rel=\"noreferrer noopener\">Gulshan Polyols Limited<\/a><\/strong> 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 one of the market leaders in manufacturing sorbitol, precipitated calcium carbonate (PCC) and wet ground calcium carbonate.\u00a0<\/p><p>At 11:15 am the shares of Gulshan Polyols Limited were trading at Rs.226.60, up 1.75 percent from its previous day\u2019s close price of Rs. 222.70 and its market capitalization is Rs. 1,415 Crores.&nbsp;<\/p><p>Gulshan Polyols Limited had participated in a tender floated by Oil Marketing Companies inviting various molasses and grain-based distilleries for supplying Ethanol under EBPP during the Ethanol Supply Year till 31-10-2024 at their various locations across the country.&nbsp;<\/p><div class=\"trade-content_5\" id=\"trade-194036977\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_2_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"7925020301\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><p>Following the tenders placed Gulshan Polyols has won a tender worth Rs. 571.50 Crores for supplying 89,404 Kilolitres of Ethanol to <strong><a href=\"https:\/\/portal.tradebrains.in\/stock\/BPCL\/consolidated\" target=\"_blank\" rel=\"noreferrer noopener\">Bharat Petroleum Corporation Limited<\/a><\/strong> (BPCL), Indian Oil Corporation (IOCL), and <a href=\"https:\/\/portal.tradebrains.in\/stock\/HINDPETRO\/consolidated\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>Hindustan Petroleum Corporation.<\/strong><\/a><\/p><p>Gulshan Polyols is looking at a total capex of Rs. 450 Crores, it includes to set up a 500 KLPD Ethanol Plant in the state of M.P for Rs. 300 Crores and Rs. 15 Crores for expanding the aggregate capacities across the grain processing division. In addition to this, an additional capex of Rs. 18.50 Crores is to be deployed for the ethanol plant in Assam over the next 24 months.&nbsp;<\/p><p>Gulshan Polyols 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.&nbsp;<\/p><p>The company\u2019s revenue from operations grew 7.18 percent from Rs. 1,100 Crores in FY22 to Rs. 1,179 Crores in FY23, accompanied by profits of Rs. 85 Crores to Rs. 45 Crores.&nbsp;<\/p><blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><strong>Written by: Bharath K.S<\/strong><\/p><\/blockquote><h4 class=\"wp-block-heading\" id=\"h-disclaimer\"><strong>Disclaimer<\/strong><\/h4><div class=\"wp-block-image\"><figure class=\"aligncenter size-medium\"><img decoding=\"async\" width=\"300\" height=\"300\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/02\/warning-disclaimer-300x300.png\" alt=\"\" class=\"wp-image-26306\"\/><\/figure><\/div><p><strong>The views and investment tips expressed by investment experts\/broking houses\/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Dailyraven Technologies or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.<\/strong><\/p><div class=\"trade-after-content\" id=\"trade-3573250617\"><div id=\"taboola-below-article-thumbnails\"><\/div>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({\r\n    mode: 'alternating-thumbnails-a',\r\n    container: 'taboola-below-article-thumbnails',\r\n    placement: 'Below Article Thumbnails',\r\n    target_type: 'mix'\r\n  });\r\n<\/script>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({flush: true});\r\n<\/script><\/div>","protected":false},"excerpt":{"rendered":"<p>Small-cap ethanol stock jumps 4 percent in the day\u2019s trade after its bags order worth Rs. 571 Crores from Bharat Petroleum Corporation Limited (BPCL), Indian Oil Corporation (IOCL), and Hindustan Petroleum Corporation.&nbsp; Gulshan Polyols Limited is a multi-product manufacturing company, it has a global presence in 35+ countries and it mainly operates in 3 business [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":24902,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[31,1789],"tags":[8293,14905,8292,948,936],"class_list":["post-114901","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-trending-news","tag-gulshan-polyols-latest-news","tag-gulshan-polyols-latest-orders","tag-gulshan-polyols-share-price","tag-stock-market","tag-stock-market-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - 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