{"id":215096,"date":"2026-08-21T10:35:53","date_gmt":"2026-08-21T05:05:53","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=215096"},"modified":"2026-08-21T10:35:54","modified_gmt":"2026-08-21T05:05:54","slug":"ethanol-sector-stocks-india-2","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/ethanol-sector-stocks-india-2\/","title":{"rendered":"3 Fundamentally Strong Ethanol Sector Stocks in India"},"content":{"rendered":"<p style=\"border-left: 4px solid #1F4E79; background: #EBF3FB; padding: 10px 16px; font-style: italic;\"><em>Ethanol Sector sector stocks. Praj Industries Ltd CMP Rs 340.69 | PE 207.74 | ROE 1.48%. Globus Spirits Ltd PE 28.51 | ROE 8.41%. Triveni Engineering and Industries Ltd PE 23.56.<\/em><\/p>\n<div style=\"background: #F0F9FF; border-left: 4px solid #2E7D32; border-radius: 6px; padding: 14px 18px; margin: 18px 0;\">\n<p style=\"margin: 0; color: #1f4e79; font-size: 14px;\"><strong>Quick Answer<\/strong><\/p>\n<p style=\"margin: 8px 0 0;\">Three ethanol sector stocks in India are Praj Industries Ltd (MCap Rs 6,263 Cr, PE 207.74, ROE 1.48%), Globus Spirits Ltd (MCap Rs 2,847 Cr, PE 28.51, ROE 8.41%), and Triveni Engineering and Industries Ltd (MCap Rs 6,366 Cr, PE 23.56, ROE 5.91%). Each covers a distinct sub-segment of the ethanol sector sector with different risk-reward profiles. Verify all data at nseindia.com or bseindia.com before making any investment decision.<\/p>\n<\/div>\n<p>Identifying the right ethanol sector stocks in India requires looking beyond short-term price movements and focusing on balance sheet strength, earnings consistency and sector positioning. Track the <a href=\"https:\/\/univest.in\/indices\/nifty-500\/nifty-500-share-price-today\">Nifty 500<\/a> index alongside individual stock analysis for a complete picture of ethanol sector sector momentum.<\/p>\n<p>This article covers three ethanol sector stocks in India with their key financial metrics. All figures are sourced from publicly available exchange disclosures. Verify every data point at nseindia.com or bseindia.com before making any investment decision.<\/p>\n<p style=\"margin-top: 24px;\"><a href=\"https:\/\/univest.in\/user\/log-in?utm_source=blogs&amp;utm_medium=ethanol-sector-stocks-india\"><strong>Click Here &#8211; Get Free Investment Predictions<\/strong><\/a><\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/ethanol-sector-stocks-india-2\/#What_Are_Ethanol_Sector_Stocks_in_India\" title=\"What Are Ethanol Sector Stocks in India?\">What Are Ethanol Sector Stocks in India?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/ethanol-sector-stocks-india-2\/#Budget_2026-27_Impact_on_Ethanol_Sector_Stocks_in_India\" title=\"Budget 2026-27 Impact on Ethanol Sector Stocks in India\">Budget 2026-27 Impact on Ethanol Sector Stocks in India<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/ethanol-sector-stocks-india-2\/#3_Fundamentally_Strong_Ethanol_Sector_Stocks_in_India_Key_Data\" title=\"3 Fundamentally Strong Ethanol Sector Stocks in India: Key Data\">3 Fundamentally Strong Ethanol Sector Stocks in India: Key Data<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/ethanol-sector-stocks-india-2\/#1_Praj_Industries_Ltd_NSE_PRAJIND\" title=\"1. Praj Industries Ltd (NSE: PRAJIND)\">1. Praj Industries Ltd (NSE: PRAJIND)<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/ethanol-sector-stocks-india-2\/#2_Globus_Spirits_Ltd_NSE_GLOBUSSPR\" title=\"2. Globus Spirits Ltd (NSE: GLOBUSSPR)\">2. Globus Spirits Ltd (NSE: GLOBUSSPR)<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/ethanol-sector-stocks-india-2\/#3_Triveni_Engineering_and_Industries_Ltd_NSE_TRIVENI\" title=\"3. Triveni Engineering and Industries Ltd (NSE: TRIVENI)\">3. Triveni Engineering and Industries Ltd (NSE: TRIVENI)<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/ethanol-sector-stocks-india-2\/#Factors_That_Affect_Ethanol_Sector_Stocks_in_India\" title=\"Factors That Affect Ethanol Sector Stocks in India\">Factors That Affect Ethanol Sector Stocks in India<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/ethanol-sector-stocks-india-2\/#Benefits_of_Investing_in_Fundamentally_Strong_Ethanol_Sector_Stocks\" title=\"Benefits of Investing in Fundamentally Strong Ethanol Sector Stocks\">Benefits of Investing in Fundamentally Strong Ethanol Sector Stocks<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/ethanol-sector-stocks-india-2\/#Risks_of_Investing_in_Ethanol_Sector_Stocks\" title=\"Risks of Investing in Ethanol Sector Stocks\">Risks of Investing in Ethanol Sector Stocks<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/ethanol-sector-stocks-india-2\/#How_to_Choose_Fundamentally_Strong_Ethanol_Sector_Stocks\" title=\"How to Choose Fundamentally Strong Ethanol Sector Stocks\">How to Choose Fundamentally Strong Ethanol Sector Stocks<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/ethanol-sector-stocks-india-2\/#Conclusion\" title=\"Conclusion\">Conclusion<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/univest.in\/blogs-2\/ethanol-sector-stocks-india-2\/#FAQs\" title=\"FAQs\">FAQs<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/univest.in\/blogs-2\/ethanol-sector-stocks-india-2\/#Is_Praj_Industries_an_ethanol_company\" title=\"Is Praj Industries an ethanol company?\">Is Praj Industries an ethanol company?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/univest.in\/blogs-2\/ethanol-sector-stocks-india-2\/#What_does_Globus_Spirits_do\" title=\"What does Globus Spirits do?\">What does Globus Spirits do?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/univest.in\/blogs-2\/ethanol-sector-stocks-india-2\/#How_does_the_ethanol_blending_programme_work\" title=\"How does the ethanol blending programme work?\">How does the ethanol blending programme work?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"What_Are_Ethanol_Sector_Stocks_in_India\"><\/span><strong>What Are Ethanol Sector Stocks in India?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Ethanol sector stocks in India are shares of companies engaged in the production of ethanol used for fuel blending, industrial solvents and beverages. India&#8217;s ethanol blending programme (EBP) targeting 20% ethanol blending in petrol by 2025-26 has been a major policy driver creating demand for domestic ethanol production from sugarcane, maize and grain-based distilleries.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Budget_2026-27_Impact_on_Ethanol_Sector_Stocks_in_India\"><\/span><strong>Budget 2026-27 Impact on Ethanol Sector Stocks in India<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The Union Budget 2026-27 shaped the investment environment for ethanol sector stocks in India through the following provisions:<\/p>\n<ul>\n<li>E20 blending mandate under the ethanol blending programme creates assured demand for domestic ethanol production.<\/li>\n<li>Sugar sector linkage \u2014 ethanol diverted from molasses reduces sugar surplus, supporting sugar prices.<\/li>\n<li>Grain-based ethanol capacity expansion allows ethanol production independent of sugar season.<\/li>\n<li>Praj Industries benefits from ethanol distillery capacity addition across India as EPC contractor.<\/li>\n<li>MSME ethanol producer incentives under the ministry of petroleum support small distillery growth.<\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"3_Fundamentally_Strong_Ethanol_Sector_Stocks_in_India_Key_Data\"><\/span><strong>3 Fundamentally Strong Ethanol Sector Stocks in India: Key Data<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table style=\"border-collapse: collapse; width: 100%; font-size: 13px;\" border=\"1\" cellspacing=\"0\" cellpadding=\"8\">\n<thead>\n<tr style=\"background: #EBF3FB;\">\n<th style=\"text-align: left;\">Company<\/th>\n<th style=\"text-align: right;\">CMP (Rs)<\/th>\n<th style=\"text-align: right;\">MCap (Rs Cr)<\/th>\n<th style=\"text-align: right;\">PE<\/th>\n<th style=\"text-align: right;\">PB<\/th>\n<th style=\"text-align: right;\">ROE<\/th>\n<th style=\"text-align: right;\">EPS TTM (Rs)<\/th>\n<th style=\"text-align: right;\">Div. Yield<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>Praj Industries Ltd (NSE: PRAJIND)<\/td>\n<td style=\"text-align: right;\">Rs 340.69<\/td>\n<td style=\"text-align: right;\">6,263<\/td>\n<td style=\"text-align: right;\">207.74<\/td>\n<td style=\"text-align: right;\">4.78<\/td>\n<td style=\"text-align: right;\">1.48%<\/td>\n<td style=\"text-align: right;\">1.64<\/td>\n<td style=\"text-align: right;\">1.06%<\/td>\n<\/tr>\n<tr>\n<td>Globus Spirits Ltd (NSE: GLOBUSSPR)<\/td>\n<td style=\"text-align: right;\">Rs 904.91<\/td>\n<td style=\"text-align: right;\">2,847<\/td>\n<td style=\"text-align: right;\">28.51<\/td>\n<td style=\"text-align: right;\">2.20<\/td>\n<td style=\"text-align: right;\">8.41%<\/td>\n<td style=\"text-align: right;\">31.74<\/td>\n<td style=\"text-align: right;\">0.67%<\/td>\n<\/tr>\n<tr>\n<td>Triveni Engineering and Industries Ltd (NSE: TRIVENI)<\/td>\n<td style=\"text-align: right;\">Rs 288.85<\/td>\n<td style=\"text-align: right;\">6,366<\/td>\n<td style=\"text-align: right;\">23.56<\/td>\n<td style=\"text-align: right;\">1.90<\/td>\n<td style=\"text-align: right;\">5.91%<\/td>\n<td style=\"text-align: right;\">12.26<\/td>\n<td style=\"text-align: right;\">0.95%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p style=\"font-size: 12px; color: #555; margin-top: 6px;\"><em>Data sourced from publicly available exchange filings. Verify all figures at nseindia.com before investing.<\/em><\/p>\n<h3><span class=\"ez-toc-section\" id=\"1_Praj_Industries_Ltd_NSE_PRAJIND\"><\/span><strong>1. Praj Industries Ltd (NSE: PRAJIND)<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Praj Industries Ltd was founded in 1985 and is headquartered in Pune. It is one of three ethanol sector stocks in India covered in this article and trades at Rs 340.69, with a market capitalisation of Rs 6,263 crore. The PE ratio stands at 207.74 against an industry average of 44.34, return on equity is 1.48%, EPS (TTM) Rs 1.64 and book value Rs 71.22. Dividend yield is 1.06%.<\/p>\n<p>The company carries a debt-to-equity of 0.13 and price-to-book of 4.78. Investors should verify all figures directly at nseindia.com or bseindia.com before making any investment decision related to this or any other stock.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"2_Globus_Spirits_Ltd_NSE_GLOBUSSPR\"><\/span><strong>2. Globus Spirits Ltd (NSE: GLOBUSSPR)<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Globus Spirits Ltd was founded in 1993 and is headquartered in Gurugram. It is one of three ethanol sector stocks in India covered in this article and trades at Rs 904.91, with a market capitalisation of Rs 2,847 crore. The PE ratio stands at 28.51 against an industry average of 60.32, return on equity is 8.41%, EPS (TTM) Rs 31.74 and book value Rs 410.47. Dividend yield is 0.67%.<\/p>\n<p>The company carries a debt-to-equity of 0.48 and price-to-book of 2.20. Investors should verify all figures directly at nseindia.com or bseindia.com before making any investment decision related to this or any other stock.<\/p>\n<p style=\"margin-top: 24px;\"><a href=\"https:\/\/univest.in\/screeners\"><strong>Compare Ethanol Sector Stocks by PE, ROE and Dividend Yield on the Univest Screener<\/strong><\/a><\/p>\n<h3><span class=\"ez-toc-section\" id=\"3_Triveni_Engineering_and_Industries_Ltd_NSE_TRIVENI\"><\/span><strong>3. Triveni Engineering and Industries Ltd (NSE: TRIVENI)<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Triveni Engineering and Industries Ltd was founded in 1932 and is headquartered in Noida. It is one of three ethanol sector stocks in India covered in this article and trades at Rs 288.85, with a market capitalisation of Rs 6,366 crore. The PE ratio stands at 23.56 against an industry average of 20.35, return on equity is 5.91%, EPS (TTM) Rs 12.26 and book value Rs 151.70. Dividend yield is 0.95%.<\/p>\n<p>The company carries a debt-to-equity of 0.65 and price-to-book of 1.90. Investors should verify all figures directly at nseindia.com or bseindia.com before making any investment decision related to this or any other stock.<\/p>\n<p style=\"margin-top: 24px;\"><em>Download the <a href=\"http:\/\/apps.apple.com\/in\/app\/univest-stocks-investment\/id6443753518\" rel=\"nofollow noopener\" target=\"_blank\">Univest iOS App<\/a> or <a href=\"http:\/\/play.google.com\/store\/apps\/details?id=com.univest.capp&amp;hl=en_IN\" rel=\"nofollow noopener\" target=\"_blank\">Univest Android App<\/a> to track these ethanol sector stocks in India with live prices and exchange-sourced research.<\/em><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Factors_That_Affect_Ethanol_Sector_Stocks_in_India\"><\/span><strong>Factors That Affect Ethanol Sector Stocks in India<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ul>\n<li><strong>Interest rate environment:<\/strong> RBI policy changes affect cost of capital and consumer demand relevant to ethanol sector companies.<\/li>\n<li><strong>Government capex:<\/strong> Budget allocations shape order books and revenue visibility for ethanol sector stocks in India.<\/li>\n<li><strong>Input cost movements:<\/strong> Raw material inflation or deflation affects operating margins for ethanol sector stocks in India within a single quarter.<\/li>\n<li><strong>FII and DII flows:<\/strong> Institutional buying and selling creates short-term price volatility that may not reflect underlying fundamentals of ethanol sector stocks in India.<\/li>\n<li><strong>Global sector trends:<\/strong> Technology shifts, export demand changes and competitive dynamics influence long-term earnings of ethanol sector stocks in India.<\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"Benefits_of_Investing_in_Fundamentally_Strong_Ethanol_Sector_Stocks\"><\/span><strong>Benefits of Investing in Fundamentally Strong Ethanol Sector Stocks<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ul>\n<li><strong>Earnings consistency:<\/strong> ethanol sector stocks in India with strong fundamentals across PE, ROE and EPS metrics have historically delivered more predictable earnings growth than low-quality peers.<\/li>\n<li><strong>Lower downside risk:<\/strong> Fundamentally strong ethanol sector stocks in India with manageable debt and positive free cash flow tend to recover faster from market corrections than highly leveraged peers.<\/li>\n<li><strong>Dividend income potential:<\/strong> Several ethanol sector stocks in India with strong fundamentals maintain consistent dividend track records, adding an income layer alongside capital appreciation.<\/li>\n<li><strong>Index inclusion benefits:<\/strong> Large-cap ethanol sector stocks in India included in major indices receive mandatory passive investment flows from index funds and ETFs.<\/li>\n<li><strong>Regulatory advantage:<\/strong> Established ethanol sector stocks in India with clean governance records have easier access to capital markets and face lower regulatory disruption risk.<\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"Risks_of_Investing_in_Ethanol_Sector_Stocks\"><\/span><strong>Risks of Investing in Ethanol Sector Stocks<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ul>\n<li><strong>Sector cyclicality:<\/strong> Ethanol Sector stocks can experience multi-quarter earnings pressure during economic downturns or policy headwinds. ethanol sector stocks in India are not immune to sector-level cycles.<\/li>\n<li><strong>Valuation compression:<\/strong> High-PE ethanol sector stocks in India can de-rate sharply when earnings miss expectations or when sector sentiment turns negative.<\/li>\n<li><strong>Competition risk:<\/strong> Domestic and international competition can erode market share or pricing power for even fundamentally strong ethanol sector stocks in India over time.<\/li>\n<li><strong>Regulatory changes:<\/strong> Policy shifts in taxation, import duties or sector regulation can affect profitability of ethanol sector stocks in India with limited advance warning.<\/li>\n<li><strong>Execution risk:<\/strong> For project-based ethanol sector stocks in India, delayed execution or working capital pressure can affect quarterly earnings significantly.<\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"How_to_Choose_Fundamentally_Strong_Ethanol_Sector_Stocks\"><\/span><strong>How to Choose Fundamentally Strong Ethanol Sector Stocks<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ul>\n<li>Screen for PE ratios in line with or below the sector average; any premium PE among ethanol sector stocks in India requires earnings growth justification<\/li>\n<li>Target ROE consistently above 12% for at least three consecutive years to confirm durable profitability<\/li>\n<li>Check debt-to-equity below 1 for most ethanol sector stocks in India and below 2 for capital-intensive or financial ethanol sector stocks in India<\/li>\n<li>Verify dividend payment history as a signal of management&#8217;s confidence in free cash flow generation<\/li>\n<li>Cross-reference with the latest quarterly results to confirm fundamentals are moving in the right direction<\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span><strong>Conclusion<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Praj Industries Ltd, Globus Spirits Ltd and Triveni Engineering and Industries Ltd are three ethanol sector stocks in India representing distinct positioning within the ethanol sector sector. Praj Industries Ltd trades at Rs 340.69 with PE 207.74 and ROE 1.48%; Globus Spirits Ltd at Rs 904.91 with PE 28.51; and Triveni Engineering and Industries Ltd at Rs 288.85 with PE 23.56. Each of these ethanol sector stocks in India carries distinct risks requiring individual evaluation. This article is for educational purposes only. Consult a SEBI-registered financial advisor before investing.<\/p>\n<div style=\"background: #CC0000; border-radius: 8px; padding: 16px 20px; margin: 24px 0;\">\n<p style=\"color: #ffffff; font-size: 13px; line-height: 1.7; margin: 0;\"><strong style=\"color: #ffffff;\">Disclaimer:<\/strong> Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).<\/p>\n<\/div>\n<h2><span class=\"ez-toc-section\" id=\"FAQs\"><\/span><strong>FAQs<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"Is_Praj_Industries_an_ethanol_company\"><\/span><strong>Is Praj Industries an ethanol company?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Praj Industries is an engineering and technology company that designs and builds ethanol distilleries, bioenergy plants and brewery\/beverage plants. It is not a direct ethanol producer but earns from engineering contracts as the EBP drives distillery capacity expansion.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_does_Globus_Spirits_do\"><\/span><strong>What does Globus Spirits do?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Globus Spirits manufactures ENA (Extra Neutral Alcohol), country liquor and IMFL (Indian Made Foreign Liquor). It has expanded into grain-based ethanol production for the government&#8217;s blending programme.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_does_the_ethanol_blending_programme_work\"><\/span><strong>How does the ethanol blending programme work?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The government mandates OMCs (Oil Marketing Companies) to blend a certain percentage of ethanol with petrol. Ethanol producers sell directly to OMCs at government-fixed prices, creating a stable and visible revenue stream independent of market price fluctuations.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Explore 3 fundamentally strong ethanol sector stocks: Praj Industries Ltd, Globus Spirits Ltd and Triveni Engineering and Industries Ltd with PE, ROE and market cap data.<\/p>\n","protected":false},"author":35,"featured_media":215095,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[24],"tags":[3802],"class_list":["post-215096","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-market","tag-news"],"metadata":{"rank_math_internal_links_processed":["1"],"_thumbnail_id":["215095"],"_edit_lock":["1787288757:29"],"_last_editor_used_jetpack":["block-editor"],"rank_math_primary_category":["24"],"rank_math_seo_score":["76"],"rank_math_title":["3 Fundamentally Strong 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