Trualt Bioenergy
366.55
-3.60(-0.97%)
Market Cap₹3,143.26 Cr
PE Ratio20.73
IndustryFMCG
Company Performance:
1D-0.97%
1M-9.97%
6M-30.96%
1Y-30.96%
5Y-30.96%
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More news about Trualt Bioenergy
22Oct 25
Trualt Bioenergy Approves Q1 Results and ₹84.21 Crore Stake Acquisition in Trualt Gas
Trualt Bioenergy Limited's board has approved unaudited Q1 financial results and the acquisition of a 51% stake in Trualt Gas Private Limited for ₹84.21 crore. The acquisition involves purchasing 35.08 lakh equity shares at ₹24 per share from Nirani Holdings Private Limited, a promoter group company. Trualt Gas, incorporated in September 2024, operates in the compressed biogas sector but hasn't started commercial operations yet. This move aligns with Trualt Bioenergy's growth strategy in the CBG market and aims to facilitate a proposed joint venture with SUMITOMO Corporation in the biogas business.
19Oct 25
Trualt Bioenergy Approves Q1 FY2026 Results and Strategic Acquisition in Compressed Biogas Sector
Trualt Bioenergy Limited's Board has approved the acquisition of a 51% stake in Trualt Gas Private Limited (TGPL) for Rs. 8.42 crore. TGPL, incorporated in 2024, will focus on compressed biogas production from municipal waste and press mud. The acquisition aligns with Trualt's strategy to expand in renewable energy and supports a proposed joint venture with SUMITOMO Corporation. The Board also approved Q1 FY2026 financial results. The deal is expected to complete by November 30, 2025.
06Oct 25
TruAlt Bioenergy Shares Slip 6.7% Post-Listing Amid Valuation Concerns
TruAlt Bioenergy's stock price has fallen 6.70% from its listing price of Rs 550.00 to Rs 513.10 within two trading sessions after its IPO. The decline comes despite strong financial results, with revenue up 54% to Rs 1,969.00 crore and net profit increasing nearly five-fold to Rs 147.00 crore. Analysts cite concerns over aggressive valuation compared to industry peers, with the company trading at 29 times earnings. Market sentiment remains mixed, with some recommending partial profit booking while others highlight the company's diversified portfolio in India's renewable energy sector.
Trualt Bioenergy
366.55
-3.60
(-0.97%)
1 Year Returns:-30.96%
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