Gulshan Polyols receives mega order from OMCs; stocks gains 8%

Ethanol stocks have gained attention amid the Ethanol Blended Petrol Programme (EBPP) during the Ethanol Supply Year (ESY) 2024-25. Gulshan Polyols, a small-cap stock, surged 8% in early trade after securing an allocation for supplying 21,220 kilolitres of ethanol (ESY 2024-25). The company participated in a tender process floated by Oil Marketing Companies (OMCs) and secured this order.