New Delhi, Aug. 17 -- Shares of Modi Naturals are likely to be on investors' radar in Tuesday's trade, 18 August, after the company announced that it has received an additional ethanol order from various oil marketing companies (OMCs).

In its post-market regulatory filing on Monday, the company said that through its wholly owned subsidiary, Modi Biotech Private Limited (MBPL), it has received an additional allocation of 1.98 crore litres of ethanol, with an estimated order value of Rs.140 crore for ESY 2025-26, with supplies to be made until October 2026.

This is in addition to the existing order of around Rs.400 crore for approximately 47.9 KLPD from various OMCs.

In the June quarter (Q1FY27), the company's ethanol business was impact...