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Comment on Sugar stocks 07 April 2022 By S Ranganathan, LKP Securities
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Below is Comment on Sugar stocks 07 April 2022 By S Ranganathan, Head of Research, LKP Securities
"FY 2021-22 ended with 10% ethanol blending in line with the GOI target of 20% by 2025. As sugar factories expand distillery capacities and as oil marketing companies improve their storage capacities and infrastructure the positive tailwinds with respect to Ethanol will likely boost the profitability of integrated sugar companies and that of ethanol plant producers going forward"
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