There is some update on Ethanol plant, which may start operation in Q4.
Usually 200KLPD has a potential to generate a revenue of 400-500 Cr with 15% margins depends on the feed.
I think its time add some more Qty in the coming quarter. This year they may end up at ~13 EPS and 20 PE. Ethanol plant can boost revenues and some rerating also possible as this biz has some stable margins with huge product demand.
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