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ETHANOL DISTILLERIES
These large- and mid-cap stocks can give more than 25% return in 1 year, according to analystsAs the stock market witnesses a recovery, what one should watch for is market breadth. Also, check which sectors are leading the rally. Why...
Piccadily Agro Q4 Results: Profit rises 14% to Rs 45 cr; FY26 revenue crosses Rs 1,110 cr markets stocks earningsPiccadily Agro Industries Ltd, maker of single malt whisky Indri and Camikara Rum, has reported a 13.6 per cent increase in its net profit ...
In war, anything can happen; in investing, only management matters. 6 stocks from different sectors with upside potential of up to 27%Net margin is a useful metric. It tells you how much profit remains after costs, interest, and tax are deducted from revenue. But it does n...
These large-, mid- and small-cap stocks can give more than 22% return in 1 year, according to analystsWhen a market is in a secular correction due to fears that the economy might take a hit for some reason, the fall is generally across the b...
Stoves to cars: India expands ethanol use amid West Asia warIndia has a massive surplus of ethanol, pushing policymakers and industry to find new uses. Ethanol-powered cooking stoves are being tested...
Sugar prices to stay firm amid tight inventories; ethanol earnings under strain, says ratings agency Ind-RaSugar prices in India are set to stay strong with limited stock. However, ethanol producers face challenges due to too much supply and no p...
Oil firms blamed for ethanol stock pile-upIndia's ethanol production capacity was about 13.80 billion litres per year in November 2023, of which 8.75 billion litres were molasses-ba...
Sugar mills can sell potash derived from molasses to fertilizer companies, can claim subsidiesSugar mills can sell Potash Derived from Molasses (PDM) to fertiliser companies, claim subsidy. PDM has 14.5% potash content. 10-12 LMT pot...
Prioritising grain-based ethanol in Bihar and MP has increased losses of molasses-based ethanol manufacturers, says ISMAOil marketing companies (OMCs) have signed long-term purchase agreements with the new grain-based distilleries in Bihar and MP. According t...
Tamil Nadu unveils Ethanol Blending Policy 2023Improving farmer income through price realisation and expansion in opportunities due to ethanol blending, reviving sugar industry in Tamil ...
Govt opens 6-month window for sugar mills to submit ethanol proposalsThe government is implementing a scheme since 2018 to offer soft loans to sugar mills and distilleries with an aim to increase ethanol outp...
Triveni Engineering's new distillery unit in UP starts production"The new distillery will increase TEIL's production capacity from the current 320 kilo litre per day (KLPD) to 480 KLPD. This expansion of ...
Three Muzaffarnagar distilleries produce 6.73 crore litres of ethanol in FY21Triveni Alco produced 4.30 crore litre ethanol, while the output for Tikaula Sugar Mills and Mansurpur Distillery was 1.12 crore litre and ...
Government gives nod to 422 ethanol projects, likely to attract investment of Rs 41,000 croreHe said that the surge in ethanol-based projects is due to the government’s recent announcement to extend subsidised credit facilities to g...
185 sugar mills, distilleries get nod for Rs 12,500 crore loans to set up ethanol unitsIn the last two years, 70 ethanol projects were sanctioned loans of Rs 3,600 crore. Apart from promoting ethanol production from sugarcane,...
Govt mulls extending soft loans to grain-based distilleries for raising ethanol production capacityAs part of an incentive scheme announced in June 2018, the Centre had approved soft loans for sugar mills to set up new distilleries or upg...
Animal feed industry cross-subsidises grain-based alcoholAs the oil companies have raised use of ethanol for blending with petrol, prices of molasses-based ethanol have risen from about Rs 27/litr...