Shares of Uttar Pradesh-based sugar companies took a beating after the Supreme Court directed private sugar mill owners to pay farmers in accordance with the special advisory price fixed by the state government.

Don't expect rally in domestic sugar prices: Balrampur

Shares of sugar companies shot up by 14% in the stock market on Monday, amid buzz of a partial decontrol of this sector, an old demand of the industry. However, Vivek Saraogi, managing director of Balrampur Chini Mills does not expect to see a rally in domestic sugar prices.

Will move Lucknow HC in few days on SAP prices: Balrampur

Balrampur Chini's MD, Vivek Saraogi indicated that they are planning to move the Lucknow High Court in a couple of days on the SAP cane prices. However, he pointed out that the second half realisations would be much better for this year.

India's sugar output at 26.5 mt for SY12: Balrampur Chini

Indian sugar industry is hoping for a partial decontrol since a long period of time. Vivek Saraogi, managing director of Balrampur Chini Mills, in an interview to CNBC-TV18, gave his views on how the sugar sector will perform going forward.

Expect a hike in sugar prices post monsoon: Balrampur Chini

Speaking to CNBC-TV18, Vivek Saraogi, managing director of Balrampur Chini said that the government's decision to allow additional sugar exports will benefit the industry.

Look to retire Rs 350cr debt this fiscal: Balrampur Chini

Vivek Saraogi, MD, Balrampur Chini in an interview with CNBC-TV18 spoke about the latest happenings in the company and the road ahead.

Expect OGL export allowance very soon: Balrampur Chini

Speaking to CNBC-TV18 about their rationale behind this move, Vivek Saraogi, MD of Balrampur Chini said,"We thought, it is a good way of using depreciation. For us, using the depreciation into buyback is an extremely non-stressful move on the balance sheet

Q2 to show by-products' profitability: Balrampur Chini

Vivek Saraogi, MD, Balrampur Chini Mills spoke to CNBC-TV18 about his company's performance and the sugar industry in general.

Govt in talks with states on deregulation: Balrampur Chini

Speaking to CNBC-TV18, Vivek Saraogi, MD of Balrampur Chini Mills said that the government has begun consulting states on sugar deregulation.