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Godavari Biorefineries is currently trading at Rs. 359.55, up by 3.70 points or 1.04% from its previous closing of Rs. 355.85 on the BSE.

The scrip opened at Rs. 361.00 and has touched a high and low of Rs. 369.05 and Rs. 355.45 respectively. So far 18738 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 408.25 on 09-Dec-2024 and a 52 week low of Rs. 272.75 on 22-Nov-2024.

Last one week high and low of the scrip stood at Rs. 408.25 and Rs. 351.45 respectively. The current market cap of the company is Rs. 1833.89 crore.

The promoters holding in the company stood at 77.44%, while Institutions and Non-Institutions held 13.09% and 9.46% respectively.

Godavari Biorefineries (GBL) has planned to invest in grain/corn-based ethanol to further strengthen its ethanol production capabilities. The company plans to invest approximately Rs 130 crore in a new 200 KLPD corn/grain-based distillery to its existing operations, enhancing flexibility through dual-feedstock capability. The company reported a 25% Y-O-Y increase in revenue growth in H1FY25, demonstrating its operational strength and focus on sustainable growth. 

This strategic move aligns with GBL’s long-term vision of supporting India’s transition to green energy while ensuring resilience against climate-induced risks. The new facility will offer operational fungibility, enabling the use of alternative feedstocks such as maize to mitigate disruptions caused by factors like poor monsoons and policy changes. 

Godavari Biorefineries is one of the manufacturers of ethanol based chemicals in India. Its diversified product portfolio comprises of bio-based chemicals, sugar, different grades of ethanol and power.