Gujarat Fuel Shares Drop 1.5% Regardless of New Settlement

August 1, 2025August 1, 2025

Shares of Gujarat Fuel Ltd fell 1.5% after touching a day’s excessive of Rs 452.35 on 1st August. This occurred regardless of the corporate saying yesterday that it had signed a fuel gross sales settlement with Waaree Power. The settlement will provide 50,000 scmd of piped pure fuel (PNG) for its upcoming lithium-ion cell manufacturing unit in Valsad, Gujarat. In the meantime, Waaree Energies traded up 2%.

The plant is anticipated to start operations in This autumn FY25-26. This marks a major step towards reaching sustainable vitality and decrease carbon emissions.

India presently imports most of its lithium-ion batteries, however CareEdge initiatives this dependence will drop to twenty% by FY26-27.

Lithium-ion cells are essential for electrical autos, moveable electronics, and battery vitality storage methods (BESS). These assist grid stability and facilitate using renewable vitality.

The Gujarat Fuel–Waaree partnership is about to strengthen India’s clear vitality ecosystem. Waaree Energies, India’s largest photo voltaic PV module maker (with a 13.3 GW capability, in line with CRISIL), is increasing into lithium-ion battery, hydrogen cell, and photo voltaic wafer manufacturing.

Gujarat Fuel (GGL) is India’s main metropolis fuel distributor. It provides gasoline to over 22.67 lakh households, 4,000+ industries, and runs 828+ CNG stations in seven areas.

Waaree Energies posted a powerful Q1, with web revenue up 20.3% QoQ to Rs 745 crore. EBITDA surged 73.4% to Rs 997 crore, boosting its margin to 22.5%, whereas income rose 10.5% to Rs 4,425 crore.

At 11:51 AM, Gujarat Fuel was down 1.80% at Rs 432.55 & Waaree Energies have been up 2.21% at Rs 3,058.60 on NSE.

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