Ethanol stock jumps 6% after it commences production at its new ethanol plant in PunjabEthanol stock jumps 6% after it commences production at its new ethanol plant in Punjab

Introduction:

Leading ethanol producer has commenced commercial production at its newly established 200 KLPD grain-based distillery plant in Punjab, marking a key step in expanding its ethanol manufacturing capacity and supporting biofuel initiatives.

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Share price movement of Jagatjit Industries:

On July 18, 2025, Jagatjit Industries Ltd opened at ₹191.25, up from its previous close of ₹196.55. The stock touched a high of ₹210.00 and a low of ₹191.25. By 2:55 PM, it traded at ₹205.90, rising 4.76%, with a market cap of ₹911.78 crore.

Jagatjit Industries Begins Ethanol Production at New Punjab Facility:

Jagatjit Industries Limited has commenced commercial ethanol production at its newly set-up 200 KLPD grain-based distillery plant in Jagatjit Nagar, Hamira, Kapurthala district, Punjab, as of July 18, 2025.

The company had previously communicated updates on the project on July 22, 2022, October 14, 2022, and September 27, 2023. The ethanol produced at this unit will be derived from grain sources.

The facility, located at the company’s existing unit, marks a significant milestone in its expansion into biofuel production. This move aligns with national efforts to increase ethanol blending in fuel.

Recent news on Jagatjit Industries:

As of July 10, 2025, Jagatjit Industries Ltd announced the immediate resignation of Anil Vanjani from his roles as CEO and CFO, as per the company’s official regulatory filing.

Stock performance of Jagatjit Industries for Period of 1 week, 6 months, and 1 year:

Jagatjit Industries Ltd delivered a 2.8% return over the past week. However, it declined by 10.6% in the past six months and recorded a 3.2% drop over the past year.

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Shareholding pattern of Jagatjit Industries:

Particulars	Jun 2025	Mar 2025	Dec 2024
Promoter	87.30%	87.30%	87.30%
FII	0.00%	0.00%	0.00%
DII	0.00%	0.00%	0%
Public	12.60%	12.60%	12.70%

About Jagatjit Industries:

Jagatjit Industries Ltd (BSE: 507155), founded in 1944, manufactures liquor and food products. It operates Asia’s largest integrated distillery, producing molasses and non-molasses-based potable alcohol through fully automated distillation plants.

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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.