Introduction:
Leading FMCG company has inaugurated a new salt refinery plant in Gujarat, marking a significant milestone in its expansion. The plant aims to double turnover and strengthen its presence in both domestic and international markets.
Also Read: Infra stock jumps 5.5% after receiving order worth ₹300 Cr in the PEB industry
Share price movement of Goyal Salt:
On April 21, 2025, Goyal Salt Limited opened at ₹200.00, up 2.47% from its previous close of ₹195.15. The stock reached a high of ₹204.00 (4.4%) and a low of ₹195.10. By 3:26 PM, it traded at ₹199.80, a 2.38% increase, with a market cap of ₹357.65 crore.
Goyal Salt Inaugurates New Refinery Plant:
Goyal Salt Limited celebrated the grand inauguration of its new Salt Refinery Plant on April 20, 2025, at Chirai Moti, Gujarat. The ceremony was graced by Chairman Mr. Rajesh Goyal and marked a major milestone in the company’s expansion journey.
The new refinery positions Goyal Salt as a major contender in the Indian salt market, with plans to impact both domestic and overseas regions. The company aims to double its turnover to ₹300 Crores within two years, leveraging this strategic growth.
Currently reaching 5,000 retail outlets, the company aspires to enter every Indian household in the next five years. The inauguration also celebrated the collective efforts behind this achievement, with gratitude extended to all stakeholders for their continued trust and support.
Stock performance of Goyal Salt for Period of 1 week, 6 months, and 1 year:
Goyal Salt Limited delivered a 15.5% return over the past week, but declined by 9.23% in the past six months. The stock fell 1.16% over the past year.
Also Read: B.R.Goyal Infra stock in focus after its orderbook grows by 56%
Shareholding pattern of Goyal Salt:
| Particulars | Mar 2025 | Sep 2024 |
| Promoter | 72.60% | 72.60% |
| FII | 0.50% | 0.50% |
| DII | 0.50% | 0.10% |
| Public | 26.40% | 26.80% |
About Goyal Salt:
Goyal Salt Limited (NSE: GOYALSALT), established in 2010, specializes in refining raw salts for industrial and edible uses, offering a range of triple-refined, iodized, and double-fortified salts on a B2B and wholesale basis.
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.
