Modi Naturals zooms on bagging orders worth Rs 495 crore from various OMCs
Modi Naturals is currently trading at Rs. 365.05, up by 29.75 points or 8.87% from its previous closing of Rs. 335.30 on the BSE.
The scrip opened at Rs. 359.90 and has touched a high and low of Rs. 379.30 and Rs. 353.30 respectively. So far 92 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 526.30 on 22-May-2026 and a 52 week low of Rs. 261.00 on 30-Mar-2026.
Last one week high and low of the scrip stood at Rs. 379.30 and Rs. 319.40 respectively. The current market cap of the company is Rs. 472.51 crore.
The promoters holding in the company stood at 69.09%, while non-institutions held 30.91% stake in the company.
Modi Naturals, through its wholly owned subsidiary ‘Modi Biotech’ (MBPL), has received orders from various Oil Marketing Companies (OMCs) for the supply of around 7.82 crore litres of ethanol, aggregating to an estimated order value of around Rs 495 crore. The said orders are scheduled to be executed during the Ethanol Supply Year (ESY) 2026-27, which extends from November 2026 to October 2027.
In addition to the revenue from the supply of ethanol, the manufacturing process is expected to generate various by-products, which will be sold separately, thereby contributing to additional revenue for the company.
