Support and Resistance Levels
Past performance
About Godavari Biorefineries Ltd Godavari Biorefineries Limited, originally established in 1956 as Godavari Investment and Finance Corporation Limited, is a leading manufacturer of ethanol-based chemicals in India. Operating as an integrated bio-refinery, the company boasts an installed capacity of 570 KLPD for ethanol production and pioneered India's first bio-based EVE manufacturing facility. Its diverse product portfolio includes ethanol-based chemicals, sugar, rectified spirits, and power, catering to various industries such as agrochemicals, cosmetics, pharmaceuticals, and oil marketing.
The company operates two major manufacturing facilities: the Sameerwadi Facility in Karnataka, focusing on sugar, ethanol, and power, and the Sakarwadi Facility in Maharashtra, dedicated to bio-based chemicals. Godavari Biorefineries has a rich history, with significant milestones including the production of sugar, alcohol, and chemicals since the 1940s. In October 2024, the company raised Rs. 555 Crore through an Initial Public Offer to expand its operations. Its clientele includes high-profile companies like Coca-Cola, LANXESS India, and IFF Inc.