Support and Resistance Levels
Past performance
About Gorani Industries Ltd Gorani Industries Ltd (GIL), established in 1995, is a key player in the manufacture and sale of kitchen and home appliances, operating under the well-known brands Blowhot and Nutan. The company, promoted by the Gorani family in Indore, initially gained recognition for its kerosene wick stoves and has since expanded its product range to include LPG stoves, chimneys, and gas geysers. GIL capitalizes on a robust distribution network across Central, South, and North India.
Significantly, GIL's Nutan brand stoves, developed in collaboration with the Indian Oil Corporation and the Indian Institute of Petroleum, offer 25-30% fuel savings over conventional stoves. With licenses granted to 14 manufacturers for Nutan stoves in India, Super Steel Manufacturing Company Pvt Ltd, an associate of GIL, holds the largest production capacity at 2000 units per day. This strategic expansion into Nutan stoves complements GIL's existing LPG stove production, aligning with market demand for energy-efficient cooking solutions.