Godavari Biorefineries Stock Price Rises 6% After Launch of CO2-to-DME Pilot Project

Mumbai, November 10, 2025: Shares of Godavari Biorefineries Limited (NSE: GODAVARIB | BSE: 544279) surged approximately 6% on Monday, following the announcement of a pioneering clean energy project in collaboration with the Institute of Chemical Technology (ICT), Mumbai.

Breakthrough in Clean Energy Innovation

The pilot project aims to convert industrial CO₂ emissions into Dimethyl Ether (DME), transforming greenhouse gases into valuable energy and chemical feedstocks. This technology offers a clean, low-emission fuel alternative to LPG and diesel, supporting India’s efforts toward energy security, climate action, and rural development.

The GBL–ICT partnership was recently honoured with the K. V. Mariwala Award for Effective Chemical Industry–Academia Partnership (2024), recognising its excellence in scientific innovation, environmental impact, and industrial implementation.

Market Snapshot

The share price of Godavari Biorefineries Limited closed at ₹266.95 on November 10, 2025. This was a 5.91% or ₹14.90 rise from its previous close of ₹252.05. The intraday range was between ₹250.00 and ₹277.25. The company had a slow trading session. Its total market capitalisation stood at ₹1,366.14 crore. Further, it had a total traded value and volume of ₹14.53 crore and 5.44 lakh shares, respectively.

REF: https://nsearchives.nseindia.com/corporate/GODAVARIBIO_10112025144059_Intimation_of_SE_press_release.pdf

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