His biggest holding Dhampur Sugar, where he has kept his stake constant since the June quarter of 2020, has climbed 21 per cent in the past one month, 71 per cent in the last three months and 174 per cent in the last one year.
Read more about Sugar shares rally; Dalmia Bharat, Triveni, Dwarikesh zoom up to 19% on Business Standard. On World Environment Day (June 5), Prime Minister Narendra Modi announced that the target of 20 per cent ethanol-blended petrol has been advanced by five years to 2025
Read more about Sugar shares rally up to 8% as ethanol blending programme advanced to 2023 on Business Standard. ICICI Securities believes this would encourage sugar companies to further add sugarcane juice and grain-based ethanol capacities
Read more about Market Wrap Podcast, June 3: Here s all that happened in the markets today on Business Standard. On the NSE, the 50-share index added 114 points, or 0.73 per cent, to settle the day at 15,690