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Renuka Sugar, Balarampur Chini: Sugar Stocks Fall As Govt Raises FRP To Rs 340/Quintal

Shares of Dwarikesh Sugar, Rana Sugars, Dalmia Bharat, Triveni Engineering and Industries, KCP Sugar were under pressure ....

Uttar Pradesh , Dalmia Bharat , Sugar Industries Corporation Ltd , Km Sugar Mills Ltd , Industries Corporation , Rana Sugars Ltd , Commission Of Agricultural , Sakthi Sugars Ltd , Magadh Sugar Energy Ltd , Uttam Sugar Mills Ltd , Vishwaraj Sugar Industries Ltd , Mawana Sugars Ltd , Bajaj Hindusthan Sugar Ltd , Shriram Industries Ltd , Ugar Sugar Works Ltd , Simbhaoli Sugars Ltd , Balrampur Chini , Renuka Sugar , Dwarikesh Sugar , Rana Sugars , Triveni Engineering , Mawana Sugars , Sugars Ltd , Mills Ltd , Industries Corporation Ltd , Industries Ltd ,

Strong sugar cos to benefit from export subsidy

Strong sugar cos to benefit from export subsidy
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Synopsis
Balrampur Chini closed down 3% at Rs 176.5, Dhampur Sugar was down almost a percent at Rs 177.70 while Triveni ended three fifths of a percent lower at Rs 78.45. Renuka Sugars was up 2.6% at Rs 13.75 and Eid Parry closed up 1.4% at Rs 342. Bannari Amman Sugars closed flat at Rs 1450.
Cabinet approves Rs 3,500 crore subsidy for sugar farmers
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MUMBAI: Sugar stocks ended on a mixed note in response to the government announcing an export subsidy Rs 5833 per tonne, which was more or less priced in by the market. Analysts said, however, that companies with strong balance sheets and better cane to sugar conversion ratio would outperform peers, as the move would put a lid on rising inventory levels. ....

Uttar Pradesh , West Bengal , Eid Parry , Vivek Saraogi , Vishal Wagh , Kaustubh Pawaskar , Bonanza Portfolio Ltd , Dhampur Sugar , Amman Sugars , Balarampur Chini , Dhampur Sugar Mills , Triveni Engineering , Balrampur Chini , Its January , Renuka Sugars , உத்தர் பிரதேஷ் , மேற்கு பெங்கல் , எய்ட் பாரி , விவேக் சரொகி , விஷால் வாக் , கோஸ்தூப் பவாஸ்கர் , போனான்ஸா போர்ட்‌ஃபோலீயோ லிமிடெட் , தம்பூர் சர்க்கரை , அம்மன் சர்க்கரைகள் , பலரம்பூர் சினி , தம்பூர் சர்க்கரை ஆலைகள் ,

Sugar stocks ended on a mixed note after government export subsidy announcement

Strong sugar cos to benefit from export subsidy
SECTIONS
Share
Synopsis
Balrampur Chini closed down 3% at Rs 176.5, Dhampur Sugar was down almost a percent at Rs 177.70 while Triveni ended three fifths of a percent lower at Rs 78.45. Renuka Sugars was up 2.6% at Rs 13.75 and Eid Parry closed up 1.4% at Rs 342. Bannari Amman Sugars closed flat at Rs 1450.
Cabinet approves Rs 3,500 crore subsidy for sugar farmers
INSIGHTS
NSE
Explore Now
MUMBAI: Sugar stocks ended on a mixed note in response to the government announcing an export subsidy Rs 5833 per tonne, which was more or less priced in by the market. Analysts said, however, that companies with strong balance sheets and better cane to sugar conversion ratio would outperform peers, as the move would put a lid on rising inventory levels. ....

Uttar Pradesh , West Bengal , Eid Parry , Vivek Saraogi , Vishal Wagh , Kaustubh Pawaskar , Bonanza Portfolio Ltd , Dhampur Sugar , Amman Sugars , Balarampur Chini , Dhampur Sugar Mills , Triveni Engineering , Balrampur Chini , Its January , Renuka Sugars , உத்தர் பிரதேஷ் , மேற்கு பெங்கல் , எய்ட் பாரி , விவேக் சரொகி , விஷால் வாக் , கோஸ்தூப் பவாஸ்கர் , போனான்ஸா போர்ட்‌ஃபோலீயோ லிமிடெட் , தம்பூர் சர்க்கரை , அம்மன் சர்க்கரைகள் , பலரம்பூர் சினி , தம்பூர் சர்க்கரை ஆலைகள் ,