Sugar Stock

EID, Dalmia Bharat: Sugar stocks rise up to 8% on hopes of govt raising MSP

Triveni Engineering & Industries shares were up 3.35 per cent, EID Parry was up 3.16 per cent, and Balrampur Chini Mills shares were up 1.58 per cent

Sugar stocks sweeten as govt to consider ethanol price, sugar MSP hike

Sugar stocks rose after the central government said it will consider the sugar industry's demand to hike ethanol prices and the minimum selling price (MSP) of sugar

Dwarikesh Sugar, Shree Renuka: Why sugar stocks are buzzing in trade today

Key players in the sector, including Shree Renuka Sugars, Dhampur Sugars, and Balrampur Chini Mills, were among the top gainers.

Sugar stocks rally up to 13% as Govt lifts diversion cap for ethanol prod

sugar mills and distilleries can produce ethanol from sugarcane juice/sugar syrup, B-Heavy molasses, as well as C-Heavy molasses, during ESY2024-25 as per their agreements with oil marketing companies

Sugar output down 11% at 7.4 mn tonne during Oct 1-Dec 15 of 2023-24 mkt yr

India's sugar production fell 11 per cent year-on-year to 74.05 lakh tonnes during the October 1-December 15 period of the current marketing year, mainly due to lower output in Maharashtra and Karnataka, according to industry body ISMA. The sugar marketing year runs from October to September. In a statement, the Indian Sugar Mills Association (ISMA) said that the sugar production till December 15 in the current 2023-24 marketing year reached 74.05 lakh tonnes against 82.95 lakh tonnes in the corresponding period of the previous year. The number of operating factories stood unchanged year-on-year at 497. "Notably, this year sugar factories in Maharashtra and Karnataka started around 10-15 days later compared to the last year," ISMA said. In Uttar Pradesh, sugar production has increased to 22.11 lakh tonnes till December 15 of the 2023-24 marketing year compared to 20.26 lakh tonnes in the year-ago period. However, the sugar output declined in Maharashtra to 24.45 lakh tonnes from

Govt gives final warning to sugar traders to disclose stocks by Oct 1

The government has given a final call to all legal entities engaged in sugar trade to declare their stocks on a food ministry website by October 17, and warned that strict action will be taken against those for violation. On September 23, the Food Ministry had issued an order directing all sugar stakeholders -- wholesalers, retailers, big chain retailers and processors -- to weekly update their stock position on its website. The Ministry, however, observed that many of the legal entities dealing with sugar trade/storage have "still not registered" themselves on the sugar stock management system. "Various instances have been reported to the Directorate of Sugar and Vegetable Oils, where many of these legal entities are having possession of a substantial quantity of unreported sugar stocks," the ministry said in a letter written to all stakeholders. There are cases where these entities are not updating their sugar stock on a regular basis, it said, adding this not only violates the .

TMS Ep533: Credit card, Smriti Mandhana, sugar stocks, Cricket World Cup

Should you be worried about credit card bills? Is Smriti Mandhana the Kohli of women's cricket? Can sugar stocks sweeten your portfolio? Cricket World Cup 2023: All you wanted to know

Export quota hike may trigger up to 33% rally in these 3 sugar stocks

Among individual stocks, Shree Renuka Sugars, Ugar Sugar and EID Parry have zoomed up to 169 per cent so far in 2022. Charts indicate further upside for these select stocks.

Lift the ban on sugar exports

The sector needs an outlet for the surplus stock. Government must allow export; otherwise, the industry will needlessly be pushed into the red

Shree Renuka Sugars to nearly double ethanol capacity; to invest Rs 700 cr

The 20% ethanol blending target has seen sugar sector majors betting on expanding the ethanol capacity; the sector could see an investment of about Rs 10,000 crore in the years ahead

ISMA seeks 1 mt of additional sugar exports in 2021-22 season

Cites production increase to 36 million tonnes from 35 million tonnes last season

Balrampur Chini snaps 3-day losing streak; stock gains 5% on heavy volumes

Analysts believe that the government's curb on 10 metric ton sugar exports would not cause a major impact as their expectation was lower than the limit for this year.

Balrampur Chini, Shree Renuka, Triveni: Sugar stocks dip after 300% surge

Select sugar stocks like Balrampur Chini, Dwarikesh Sugar and Renuka had jumped up to 6-fold post the Covid-19 decline; However, off late the stocks have corrected sharply post export limitations.

Strong demand may bring down closing stock of major farm goods by FY23-end

Experts feel this could keep prices of major farm commodities and products dependent on them, such as poultry and meat, at an elevated level for quite some time

Sugar stocks sweeten; Dwarikesh, Dalmia Bharat, Triveni surge up to 10%

Magadh Sugar & Energy, Rana Sugar, Uttam Sugar Mills, KM Sugar, Andhra Sugar, Mawana Sugar and Shree Renuka Sugar surged 10 per cent to 15 per cent on the BSE.

Sugar shares in demand; Dhampur, Dwarikesh hit all-time highs

With a favourable mix of ethanol towards B-heavy/juice (feedstock) coupled with higher sugar realisations; operating margins of sugar companies are expected to improve.

Share price of this sugar company has jumped four-fold in one year

Shares of Triveni Engineering hit a new high of Rs 285.30, on rallying 9 per cent in intra-day trade. The stock zoomed 313 per cent from its 52-week low of Rs 69 touched on February 16, 2021.

Sugar shares in demand; Triveni, Dhampur, Balrampur surge up to 11%

Tight global demand-supply situation, favourable government policies and continuous push for higher blending will keep the inventory levels under control and sugar prices firm

Sugar stocks rally up to 8% post strong Q2 results by Dwarikesh Sugar

Balarmpur Chini, Triveni Engineering, Shree Renuka, Dhampur Sugar, Dalmia Sugar and Avadh Sugar gained in the range of 4 per cent to 8 per cent in Tuesday's intraday trade

Sugar shares rally up to 8% as ethanol blending programme advanced to 2023

ICICI Securities believes this would encourage sugar companies to further add sugarcane juice and grain-based ethanol capacities