This small-cap ethanol stock in focus on Tuesday after additional supply order from OMCs

Modi Naturals received an additional ethanol order of 1.98 crore litres from oil marketing companies, valued at about ₹140 crore, with supplies scheduled until October 2026. The company is expanding ethanol capacity from 130 KLPD to 282 KLPD and guided to FY27 revenue of ₹925–965 crore, EBITDA of ₹100–105 crore, and PAT of ₹66–70 crore.