29 Oct 2025

True Green Bio Energy Shares Rise 4.17% as New Ethanol Plant Begins Operations in Ahmedabad

True Green Bio Energy is trading at Rs 78.20, up by Rs 3.13 or 4.17% from its previous close of Rs 75.07 on the BSE.

The stock opened at Rs 77.50 and recorded an intraday high of Rs 78.35 and a low of Rs 75.00. A total of 3,230 shares have been traded so far on the counter.

Belonging to the BSE Group ‘XT’, the stock with a face value of Rs 10 has registered a 52-week high of Rs 129.00 on January 24, 2025, and a 52-week low of Rs 52.75 on September 5, 2025. Over the past week, the stock has seen a high of Rs 81.60 and a low of Rs 72.00. The company’s current market capitalization stands at Rs 258.22 crore.

The promoter holding in the company is 61.27%, while institutions and non-institutional investors hold 25.40% and 13.33%, respectively.

In a major development, True Green Bio Energy has started commercial operations at its new 300 KLPD grain-based ethanol plant in Ahmedabad, Gujarat. The facility will supply substantial volumes of ethanol to major clients, including Reliance Industries, Nayara Energy, Hindustan Petroleum Corporation, Indian Oil Corporation, Bharat Petroleum Corporation, and others.

The company is primarily engaged in the production of grain-based ethanol.