Sugar stocks sweeten as Government lifts diversion cap for ethanol production
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
https://t.me/InvestmentGuruIndiacom
Download Telegram App before Joining the Channel
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.
