Sugar Companies

The government has said no ethanol from sugarcane juice and B-heavy molasses will be procured by oil marketing companies (OMCs) with immediate effect

Why India’s extended sugar export curbs may not cause immediate price crash

The tailwinds from higher domestic prices and ethanol production will offset lower exports and improve realisations of sugar mill companies, said analysts

Prices up but production, demand down: Shree Renuka Sugars

Narendra Murkumbi, Vice Chairman and Managing Director, Shree Renuka Sugars said prices have moved up by about Rs 1 per kg in the last one week on back of news that production will be significantly lower than last season.

Expect sugar to do well; prices to improve: Ponni Sugars

N Ramanathan, Managing Director of Ponni Sugars told CNBC-TV18 that the company has been able to crush more sugarcane and improve sugar production this year. Therefore, improvement in average realisation, in sugar production and in sales volumes -- globally and domestically -- has led to better topline and bottomline for the current year FY17.

BSE resets circuit limit of sugar firms to curb volatility

To curb excessive volatility, stock exchange BSE today revised the circuit limit for share movement of several firms including four sugar companies.

Sugar stocks turn sweeter in morning trade on BSE

Led by Bajaj Hindustan, stocks of sugar companies surged in early trade on the BSE today after the government issued permits for the export of 4.21 lakh tonnes of the sweetener, out of the total 5 lakh tonnes that it allowed in August.

Not averse to sell minority stake in Brazil: Shree Renuka

Rumours doing the rounds are the potential stake sale of Shree Renuka Sugars' wholly-owned unit Renuka Brasil Holdings. However, the MD Narendra Murkumbi declined to comment on the rumours, saying Brazil is at present witnessing a lot of consolidation.