19 Jul 2025

Jagatjit Industries Shares Surge Over 5% as New Ethanol Plant Begins Production

Jagatjit Industries is currently trading at RS. 207.50, up by 10.95 points or 5.57% from its previous close of RS. 196.55 on the BSE.

The stock opened at RS. 191.25 and recorded a high of RS. 210.00 and a low of RS. 191.25 during the session. So far, 59,105 shares have been traded on the counter.

A BSE group 'X' stock with a face value of RS. 10, Jagatjit Industries touched a 52-week high of RS. 309.50 on September 17, 2024, and a 52-week low of RS. 149.10 on February 28, 2025. In the past week, the stock’s high and low were RS. 210.00 and RS. 181.40, respectively. The company’s current market capitalization stands at RS. 970.74 crore.

Promoter holding in the company is 87.33%, while institutional and non-institutional investors hold 0.05% and 12.62%, respectively.

The company has announced the commencement of commercial production of ethanol from grain at its newly established 200 KLPD grain-based ethanol distillery plant located in Jagatjit Nagar, Kapurthala, Punjab, effective July 18, 2025.

Jagatjit Industries engages in the production and marketing of alcoholic beverages, malt, malt extract, malted milk foods, milk powder, ghee, and glass and PET containers.