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Sugar stocks sweeten as Government lifts diversion cap for ethanol production
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The stocks of sugar companies jumped after the government removed the cap on sugar diversion for ethanol production for ESY (Ethanol Supply Year - December to November) 2024-25.
Dalmia Bharat Sugar and Industries is currently trading at Rs. 477.75, up by 35.65 points or 8.06% from its previous closing of Rs. 442.10 on the BSE.
Shree Renuka Sugars is currently trading at Rs. 50.47, up by 3.09 points or 6.52% from its previous closing of Rs. 47.38 on the BSE.
Dhampur Sugar Mills is currently trading at Rs. 222.75, up by 13.60 points or 6.50% from its previous closing of Rs. 209.15 on the BSE.
Avadh Sugar & Energy is currently trading at Rs. 751.15, up by 45.45 points or 6.44% from its previous closing of Rs. 705.70 on the BSE.
Balrampur Chini Mills is currently trading at Rs. 602.60, up by 23.95 points or 4.14% from its previous closing of Rs. 578.65 on the BSE.
