India's Gulshan Polyols up on $9.4 mln ethanol order win

Gulshan Polyols

08/04/2024 08:49

** Shares of Gulshan Polyols  GULS.NS  up 6.7% to 201.8
rupees
    ** Industrial chemicals maker gets 784.4 mln rupees ($9.4
mln) order to supply ethanol to oil marketing companies
    ** GULS on track for sixth straight session of gains
    ** ~439k shares traded, 2x the 30-day avg 
    ** Stock had lost 17% in March, worst month since May 2022,
and is down ~5% YTD
 
 ($1 = 83.2882 Indian rupees)

 (Reporting by Dimpal Gulwani in Bengaluru)
 ((dimpal.gulwani@thomsonreuters.com))