Bengaluru, April 21 -- The shares of Micro-Cap company, specializing in the production and supply of high-quality biodiesel from various raw materials such as used cooking oil, animal fat, and vegetable oil, jumped upto 5 percent upon receiving Letters of Intent (LOIs) for the supply of biodiesel under a tender opened by Indian Oil Corporation Limited, Hindustan Petroleum Corporation Limited, and Bharat Petroleum Corporation Limited.

Price action

With a market capitalization of Rs. 168.10 Crores on Monday, the shares of Rajputana Biodiesel Limited jumped upto 4.55 percent, making a high of Rs. 242.00 compared to its previous closing price of Rs. 231.50.

What Happened

Rajputana Biodiesel Limited and its subsidiary, Nirvaanraj Energy Pr...