Archive · 16 Sep 2026

Godavari Biorefineries Shares Rally After Chinese Patent Grant

Godavari Biorefineries Shares Rally After Chinese Patent Grant

Godavari Biorefineries received a patent from China for compounds that may help make medicines for viral infections.

After the news, the company’s shares rose sharply during Wednesday’s trading.

The shares reached ₹258.87, which was a gain of up to 13%.

The patent certificate says it was granted on September 15, 2026.

The company also recently received a patent in Japan for an invention related to cancer treatment.

However, the company’s loss grew during the latest quarter.

Its income increased, but its operating profit measure called EBITDA fell.

Investors are weighing the promise of the patents against the company’s weaker recent financial results.

Sources