{"id":145278,"date":"2025-02-20T12:33:47","date_gmt":"2025-02-20T07:03:47","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=145278"},"modified":"2025-02-20T12:33:50","modified_gmt":"2025-02-20T07:03:50","slug":"ethanol-stock-skyrockets-10-after-receiving-124-cr-order-for-ethanol-from-iocl-bpcl-and-more","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/ethanol-stock-skyrockets-10-after-receiving-124-cr-order-for-ethanol-from-iocl-bpcl-and-more\/","title":{"rendered":"Ethanol stock skyrockets 10% after receiving \u20b9124 Cr order for ethanol from IOCL, BPCL, and others"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-927621304\"><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>This ethanol stock engaged in the manufacture of precipitated calcium carbonate, sorbitol, ethanol, and biofuels, skyrocketed 10 percent after securing an order worth Rs. 124.13 crore from BPCL, IOCL, HPCL, and MRPL for supplying 21,220 kiloliters of ethanol.&nbsp;<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-1115344524\"><!-- 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><h2 class=\"wp-block-heading has-medium-font-size\"><strong>Stock Price Movement:&nbsp;<\/strong><\/h2><p>With a market capitalization of Rs. 1,117.06 crores, the share of <strong><a href=\"https:\/\/portal.tradebrains.in\/stocks\/GULPOLY\" target=\"_blank\" rel=\"noreferrer noopener\">Gulshan Polyols Limited<\/a><\/strong> has reached an intraday high of Rs. 193 per equity share, rising nearly around 9.75 percent from its previous day\u2019s close price of Rs. 175.85. Since then, the stock has retreated and is currently trading at Rs. 179.10 per equity share.\u00a0<\/p><h2 class=\"wp-block-heading has-medium-font-size\"><strong>What Happened:&nbsp;<\/strong><\/h2><p>Gulshan Polyols Limited has received an allocation for supplying 21,220 kiloliters of ethanol under the Ethanol Blended Petrol Programme (EBPP) for the Ethanol Supply Year (ESY) 2024-25. The order is valued at Rs. 124.13 crores and comes from major oil marketing companies (OMCs) like BPCL, IOCL, HPCL, and MRPL.&nbsp;<\/p><p>The company secured this allocation through a tender process and will supply ethanol to various locations across India. This is part of the government\u2019s push for ethanol blending in fuel to promote cleaner energy. Overall, Gulshan Polyols has received a total allocation of 1,82,242 kiloliters of ethanol, with a combined order value of Rs. 1,253.17 crores for ESY 2024-25.&nbsp;<\/p><div class=\"trade-content_5\" id=\"trade-464088633\"><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><h2 class=\"wp-block-heading has-medium-font-size\"><strong>Products Offering:&nbsp;<\/strong><\/h2><p>Gulshan Polyols Limited produces a wide variety of products, including starch, sugar, sorbitol, ethanol, and calcium carbide. The company caters to multiple industries, including pharmaceuticals, personal care, footwear, tires, rubber, plastics, paints, agrochemicals, as well as food and agriculture.&nbsp;<\/p><h2 class=\"wp-block-heading has-medium-font-size\"><strong>Clientele:&nbsp;<\/strong><\/h2><p>Gulshan Polyols Limited supplies products to major clients such as Colgate-Palmolive, Hindustan Unilever, Dabur, Asian Paints, BPCL, IOCL, HPCL, MRPL, and ITC.&nbsp;<\/p><h2 class=\"wp-block-heading has-medium-font-size\"><strong>Recent quarter results:&nbsp;<\/strong><\/h2><p>Gulshan Polyols Limited&#8217;s revenue has increased from Rs. 371.08 crore in Q3 FY24 to Rs. 609.76 crore in Q3 FY25, which has grown by 64.32 percent. The net profit has also grown by 45.81 percent from Rs. 4.65 crore in Q3 FY24 to Rs. 6.78 crore in Q3 FY25.&nbsp;<\/p><blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><strong>Written By &#8211; Nikhil Naik<\/strong><\/p><\/blockquote><p class=\"has-medium-font-size\"><strong>Disclaimer<\/strong><\/p><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 <a href=\"http:\/\/tradebrains.in\/\">tradebrains.in<\/a> 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-3725864620\"><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>This ethanol stock engaged in the manufacture of precipitated calcium carbonate, sorbitol, ethanol, and biofuels, skyrocketed 10 percent after securing an order worth Rs. 124.13 crore from BPCL, IOCL, HPCL, and MRPL for supplying 21,220 kiloliters of ethanol.&nbsp; Stock Price Movement:&nbsp; With a market capitalization of Rs. 1,117.06 crores, the share of Gulshan Polyols Limited [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":24902,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[31,1789],"tags":[8291,8293,8292,948,936,2597,8296,19932],"class_list":["post-145278","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-trending-news","tag-gulshan-polyols","tag-gulshan-polyols-latest-news","tag-gulshan-polyols-share-price","tag-stock-market","tag-stock-market-news","tag-stocks-to-watch","tag-why-is-gulshan-polyols-going-up","tag-why-is-gulshan-polyols-share-price-going-up"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - 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