Ethanol ups Praj Industries, sugar shares
* The decision is expected to improve demand for ethanol, which sugar factories produce as a bi-product.
* The federal ministry of Petroleum and Natural Gas will issue a notification to the oil marketing companies to implement ethanol blending across all states effective December 1 2012, a government statement said.
* Shares in Praj Industries rose 10.14 per cent. Bajaj Hindustan gained 1.13 per cent while Shree Renuka Sugars rose 1 percent.
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