The government's recent decision to lift restrictions on ethanol production from sugarcane juice and B-heavy molasses routes is likely to drive up ethanol prices before the new season begins, DAM Capital said.
Distillery segment expansion, better cane variety mix, and robust cash-flow generation augur well for this company
ICICI Direct is bullish on Dwarikesh Sugar recommended buy rating on the stock with a target price of Rs 120 in its research report dated February 05, 2023.
This will boost stock holding limits for sugar mills and monthly allocation for sales will increase, said industry experts.
ICICI Direct is bullish on Dwarikesh Sugar recommended buy rating on the stock with a target price of Rs 135 in its research report dated October 31, 2022.
ICICI Direct is bullish on Dwarikesh Sugar has recommended buy rating on the stock with a target price of Rs 145 in its research report dated May 05, 2022.
ICICI Direct is bullish on Dwarikesh Sugar has recommended buy rating on the stock with a target price of Rs 135 in its research report dated February 02, 2021.
ICICI Direct is bullish on Dwarikesh Sugar has recommended buy rating on the stock with a target price of Rs 110 in its research report dated October 27, 2021.