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SUGAR MILLS AND DISTILLERIES
Balrampur Chini raises Rs 450 cr equity fund for poly lactic acid, lactogypsum plants in UPBalrampur Chini Mills Ltd has secured Rs 450 crore to fund its expansion plans. This capital will establish a lactogypsum processing plant ...
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...
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...
Tech advances yet to fix uneven mill performance, data gaps in sugar sector: Food SecretaryDespite technological advancements, sugar mills face challenges like recovery rate variability and energy inefficiencies. Industry leaders ...
India's Godavari Biorefineries to start grain-based distillery in June quarterGodavari Biorefineries is set to launch a new grain-based distillery in the June quarter. This facility will allow the company to use both ...
Curbs may be eased on sugar use for ethanol productionThe government's decision came amid concerns about a fall in the production of sugarcane due to erratic weather conditions, and rising pric...
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...
Sugar mills, distilleries to earn revenue of over Rs 18,000 crore from ethanol sales in 2021-22 seasonDuring the last three ethanol supply years, the revenue of about Rs 8,079 crore, Rs 7,823 crore and Rs 13,598 crore, respectively, have bee...
Centre doubles incentive on sugar sacrificed for producing ethanol from October 2021In the 2020-21 ethanol marketing year ending November, the country is estimated to achieve an 8.5 per cent blending of ethanol with petrol,...
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,...
Green nods waived for distilleries planning to hike ethanol productionThe decision will enable sugar mills to divert more raw material towards producing ethanol this season, helping them fight sugar supply glu...
For want of proper licences, Maharashtra mills may lose out on ethanol opportunityTo supply ethanol, mills must have licences from PESO as mandated by the National Green Tribunal.
Balrampur Chini, Dhampur Sugar clear beneficiaries of ethanol blending: Abhishek Roy, Stewart & Mackertich“Right now, the government is trying to lift the sugar price to clear the arrears before the elections.”
Bihar CM Nitish Kumar slams BJP president Amit Shah over remarks on sugar mills"Amit Shah should tell where malls have been built on the land of sugar mills. He is either ignorant about the facts or is making wrong sta...
- Mid-cap mantra: Balrampur Chini Mills Q3 earnings hit by flat sugar prices, lower recovery
While higher cane prices increased raw material costs of Balrampur Chini Mills, revenue growth was moderate with lower recovery.
- Stay on disinvestment of sugar mills
The Allahabad High Court on Wednesday stayed the proposed disinvestment of 28 cooperative sugar mills and seven distilleries in Uttar Prade...