Gujarat Based Food Company Signs Rs 100 Crore Expansion MOU with Gujarat Government

DSIJ Intelligence-2 / 11 Oct 2025/ Categories: Mindshare, Multibaggers, Trending

The stock gave multibagger returns of 80 per cent in 5 years and a whopping 10,000 per cent in 2 decades.

Gujarat Ambuja Exports Limited (GAEL) announced on October 10, 2025, that it has signed a Memorandum of Understanding (MOU) with the Government of Gujarat on October 9, 2025. The agreement aims to expand the company’s derivative capacity at its existing 900 TPD Greenfield Corn Wet-Milling Plant located in Himmatnagar, Gujarat.

According to the company’s disclosure, the total estimated investment for this expansion project is around Rs 100 crore. The company plans to fund the entire project through internal accruals, indicating strong financial stability and self-sufficiency.

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This expansion aligns with GAEL’s ongoing efforts to enhance its processing capabilities and meet the growing demand for corn-based derivatives in domestic and international markets. The investment also reflects the company’s commitment to long-term capacity building and industrial development in Gujarat.

Gujarat Ambuja Exports is engaged in the manufacturing of Corn Starch Derivatives, Soya Derivatives, Feed Ingredients, Cotton Yarn, and Edible Oils. Since its incorporation in 1991, GAEL strives to serve the Food, Pharmaceutical, Feed, and many other industries with a long-term growth strategy in the Agro-Processing sector. (Source: Company Website)

On Friday, shares of Gujarat Ambuja Exports Ltd gained 0.78 per cent to Rs 104.83 per share from its previous closing of Rs 104.02, with an Intraday high of Rs 105.96 and an intraday low of Rs 103.50. The stock has a 52-week high of Rs 146.95 and a 52-week low of Rs 98.72.

Talking about the financials, GAEL has a market cap of Rs 4,700 crore. The company reported positive numbers in its Quarterly Results and annual results. In Q1FY26, net sales rose by 18 per cent and net profit declined by 8.45 per cent compared to Q1FY25.

The stock gave multibagger returns of 80 per cent in 5 years and a whopping 10,000 per cent in 2 decades.

Disclaimer: The article is for informational purposes only and not investment advice.