India’s Gulshan Polyols up on starting operations at ethanol plant
Shares of Gulshan Polyols (GULS.NS) surged by 4.8% to reach 212.50 rupees as the industrial chemicals maker commenced commercial operations at its ethanol plant in Assam state. The stock has gained approximately 28% in the June quarter, marking a turnaround from three consecutive quarters of losses. Trading volume was significant with over 109,000 shares exchanged, half the 30-day average. As of the latest update, the stock was up 3.6%, reducing its year-to-date losses to 0.7%.
** Shares of Gulshan Polyols GULS.NS rise as much as 4.8% to 212.50 rupees
** The industrial chemicals maker starts commercial operations at ethanol plant in Assam state
** GULS up ~28% so far in June quarter, set to snap three-quarter losing streak
** More than 109,000 shares change hands, half the 30-day avg
** Stock last up 3.6%, cutting year to date losses to 0.7%
Source Link : https://www.xm.com/research/markets/allNews/reuters/indias-gulshan-polyols-up-on-starting-operations-at-ethanol-plant-53868063
