DSIJ Mindshare

FIIs increased their stake and the company’s shares have delivered an impressive return of over 270 per cent in the past 1 year only.

Company's robust performance is underscored by a solid 22.24 per cent increase over the past month. Impressively, the company has outperformed expectations with a remarkable 72.69 per cent growth over the last three months. Looking at the broader picture, Kotyark Industries has delivered multibagger returns of 127.42 per cent over the past year.

Rs 35,000 crore will be allocated for the energy transition

The most significant development is that the Central Government has mandated biodiesel blends into fossil fuels for all OMCs. 

The funds raised through the issue will be used for repayment or pre-payment of a portion of certain outstanding borrowings availed by the company and its subsidiaries as well as for other general corporate purposes.