Modi Naturals Ltd arm receives additional allocation of Ethanol

Modi Naturals Ltd. (MNL), through its wholly owned subsidiary, Modi Biotech Private Limited (MBPL), has received an additional allocation of 1.98 crore litres having an estimated order values of ₹ 140 crores of ethanol for ESY 2025-26, with supplies to be made until October 2026. This is in addition to the existing order of around ₹400 crore for ~47.9k KL from various OMCs.

Shares of Modi Naturals Limited was last trading in BSE at Rs. 380.00 as compared to the previous close of Rs. 400.00. The total number of shares traded during the day was 4063 in over 44 trades.

The stock hit an intraday high of Rs. 385.00 and intraday low of 380.00. The net turnover during the day was Rs. 1549814.00.

Source : Equity Bulls

Keywords

ModiNaturals INE537F01012 ModiBiotech AdditionalAllocation Ethanol