Apr 12, 2013, 03.59 PM | Source: Moneycontrol.com
Sugar stocks in focus as oil marketing cos and sugar companies arrived at a price of 34 rupees a litre for ethanol after months of deliberation.
Speaking to CNBC-TV18, the Balrampur Chini management says the new pricing of ethanol is a win-win situation for both OMCs and sugar companies. The UP-based company expects realisations of 55-60 crore rupees at the new rate.
Cabinet Committee on Economic Affairs (CCEA) had decontrol sugar sector with certain riders on April 4, 2013. The sugar industry was the only industry left under the government control. The decontrol was largely in line with recommendations made by the Rangarajan committee.
At 12:25 hrs Balrampur Chini Mills was quoting at Rs 48.55, up Rs 0.60, or 1.25 percent. It has touched an intraday high of Rs 48.90 and an intraday low of Rs 47.40.
At 12:24 hrs Bajaj Hindusthan was quoting at Rs 20.10, up Rs 0.25, or 1.26 percent. It has touched an intraday high of Rs 20.30 and an intraday low of Rs 19.60.
At 12:23 hrs Dhampur Sugar Mills was quoting at Rs 46.00, up Rs 0.65, or 1.43 percent. It has touched an intraday high of Rs 46.50 and an intraday low of Rs 45.50. It was trading with volumes of 5,917 shares
Balrampur Chini Mills Ltd has informed BSE that a
Sandeep Wagle of powermywealth.com has a bullish s
SP Tulsian of sptulsian.com is of the view that on
Ashu Madan of Religare Capital recommends holding
For the FY16 crushing season, the company's sugar
SP Tulsian of sptulsian.com has a positive view on
Tata Motors continued it upward movement post yest