India, Oct. 10 -- For companies such as TruAlt Bioenergy, India's ethanol industry's rapid change has created a significant growth opportunity. With the government currently having no decision to increase nationwide petrol blending beyond 20%, the next leg of growth may increasingly depend on finding new applications for ethanol. That is where TruAlt's Sustainable Aviation Fuel, or SAF, strategy becomes important.

With a market capitalization of Rs. 3,670.21 crore, the shares of Trualt Bioenergy Ltd were trading at Rs. 428 per share, up 0.82 percent from its previous closing price of Rs. 424.50 apiece. The stock trades at a P/E of 24.23x.

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