Page 3 of sugar stocks

Sugar export curbs: Mills asked to file reports daily

Late on Tuesday, the government said it will regulate sugar exports from June and allow only up to 10 million…

May 26, 2022 02:30 IST

Export ban decisions based on domestic needs, checking hoarders: Commerce and Industry Minister Piyush Goyal

With the WTO chief sitting next to him in the panel, Goyal said India traditionally has never been an exporter…

May 25, 2022 21:36 IST

Sugar stocks, Dwarikesh, Avadh, Balrampur, Dhampur Sugar

Dwarikesh, Avadh, Balrampur, Dhampur Sugar stocks tank up to 10% as govt restricts exports; buy, sell or hold?

A consistently higher inflationary environment has created a sense of panic amongst traders and with reports of export restrictions on…

May 25, 2022 13:36 IST

Sugar stocks slide following reports on export restrictions

Shares of Shree Renuka Sugars slumped as much as 13.8% in intra-day trade. They, however, pared some of the losses…

May 25, 2022 05:15 IST

India is the world's second largest producer and exporter after Brazil.

Govt likely to cap sugar exports to 10 mn tons this year: Official sources

Mills have contracted for export of 9 million tonnes of sugar so far in the 2021-22 marketing year (October-September). Out…

May 24, 2022 17:38 IST

India exports 75 lakh tonnes sugar till May 18 in current marketing year

“Export of sugar in current sugar season 2021-22 is 15 times of export as compared to export in sugar season…

May 19, 2022 21:01 IST

Govt opens 6-month window for sugar mills to submit ethanol proposals

Ethanol capacity is being enhanced in order to reduce the country’s dependence on imported fossil fuels, save foreign exchange on…

Updated: April 22, 2022 21:02 IST

Indian mills produce 32.99 MT sugar till April 15: ISMA

In the current 2021-22 sugar season, reportedly 45 mills have stopped crushing operations in Maharashtra, while 153 sugar mills are…

April 19, 2022 04:45 IST

Although the government has put in place encouraging policies for capacity creation, the delay in bank loans is creating hurdles, he pointed out.

Oil marketing companies’ policies hampering ethanol production: Indian Sugar Mills Association

“To overcome the problem of finances for capacity creation, necessary approvals for bank loans should be given within seven days…

April 1, 2022 01:15 IST

"Out of which, about 47 lakh tonnes of sugar have been physically exported from India up to end of February 2022 in the current sugar year, as compared to about 17.75 lakh tonnes exported last year during the corresponding period," ISMA said.

Sugar exports may rise 7 pc to 75 lakh tonnes in 2021-22

Recently, Indian Sugar Mills Association (ISMA) has said that sugar exports have jumped over two-fold between October 2021 and February…

March 25, 2022 17:57 IST

UP sugar output in current season seen down 10% on year

The dip in production is primarily due to diversion into ethanol production, but rising disease and pest infestation also impacted…

March 24, 2022 01:30 IST

Maharashtra sugar mills warned not to stop crushing operations without prior notice

Directions have been issued to ensure that all the cane in the area is crushed and if the sugar mill…

February 17, 2022 01:57 IST

Sugar marketing year runs from October to September. (File)

India’s 2021-22 sugar production to rise 2.90% to 31.9 million tonne

Sugar production is pegged to be slightly higher at 1.1 million tonnes in Gujarat, at 1 million tonnes in Tamil…

January 27, 2022 16:26 IST

The secretary observed that if 60 lakh tonnes of sugar gets diverted, as targeted, then Indian sugar will remain competitive in global market. (File)

Govt rules out hike in minimum selling prices of sugar; exports may touch 60 lakh tonnes in 2021-22

Around 20 lakh tonnes of sugar got diverted during 2020-21 for ethanol production and the number is likely to increase…

December 17, 2021 20:31 IST

By 2025, the minister said the target is to divert 50 lakh tonnes of excess sugar to ethanol. (File)

Sugar mills, distilleries to earn revenue of over Rs 18,000 crore from ethanol sales in 2021-22 season

The minister observed that diversion of excess sugar to ethanol would solve the problem of high inventories of sugar, improve…

December 15, 2021 16:40 IST

sugar stocks, Dalmia Bharat, Dwarikesh, Avadh Sugar

Sugar stocks rally: Dalmia Bharat, Dwarikesh, Avadh Sugar share prices zoom 20%; should you book profit?

Sugar stocks such as Dalmia Bharat Sugar and Industries, Dwarikesh Sugar, Avadh Sugar & Energy rallied up to 20 per…

June 7, 2021 15:06 IST

Elections in the state are scheduled to be held by March 2021, when the crushing would be in progress.

No change in sugarcane prices this season in Uttar Pradesh

This is the third straight year when the state government has decided not to hike the price of cane. The…

February 17, 2021 00:30 IST

Sugar stocks zoom up to 15% as govt hikes FRP; Renuka Sugars, Dalmia Bharat Sugar and Industries gain

Among other individual stocks, Gayatri Sugars, Simbhaoli Sugars, and Piccadily Sugar & Allied Industries shares hit 5% upper circuit in…

August 20, 2020 12:40 IST

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KVB Q2 net profit up 21% to ₹574 crore

Business37 min ago

Karur Vysya Bank reported a 21% increase in net profit for the second quarter, with total business reaching a milestone of ₹2,00,000 crore. The bank’s total business grew by 15% year-on-year, with advances and deposits also seeing a 15% increase. The bank’s asset quality improved, with Gross NPAs decreasing to 0.76% and Net NPAs decreasing to 0.19%.

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