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Tag: sugar companies

  • Indian Market

India’s sugar output drops 18% as mills struggle

Mahalakshmi@fastura.com8 months ago01 mins

India’s sugar production has fallen by 18.42% this season, with major states like Uttar Pradesh, Maharashtra, and Karnataka experiencing significant declines. As of April 15, total production stood at 254.25 lakh tonnes, down from last year’s figures. The decline is largely attributed to factors like lower sugarcane yield and factory closures. A total of 496…

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sugar production
  • Indian Market

The government’s significant action on ethanol is making waves. Here are seven stocks to monitor.

guna@fastura.com11 months ago03 mins

Shares of sugar companies experienced a surge on Thursday after Union Minister Nitin Gadkari announced that India is on track to reach its goal of 20% ethanol blending within the next two months. The share price of Dhampur Sugar Mills increased by as much as 8.4%, reaching an intra-day peak of Rs 156.91. EID Parry’s…

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