Sugar: At 20-Month Low
Macroscope sector
sugar
July 2024
April 2024
February 2024
September 2023
July 2023
June 2023
December 2022
Nestle India shares drop for second straight day
Nestlé India says it has already reduced added sugars by up to 30% over the past 5 years depending on the variant.
Govt hikes sugarcane FRP by ₹25 per quintal; extends 20% export duty on parboiled rice
The revised FRP will be applicable with effect from October 1, 2024.
G20 biofuel initiative: Sugar stocks Shree Renuka, Balrampur Chini, EID Parry rally up to 7%
Sugar stocks such as Dalmia Bharat Sugar, Triveni Engineering, Bajaj Hindusthan, Dhampur Sugar Mills rose in the range of 2% to 5%.
Sugar: On The Boil
The All India Sugar Trade Association has trimmed production estimates by 3% for the crop year spanning October 2022 to September 2023.
After Tira, Reliance is piloting Blush Lace, a beauty-cum-lingerie format for masses
The margins in beauty are north of 45%-50%, thus making it an attractive business for retailers
Why are sugar stocks trading higher today?
KCP Sugar, Uttam, Mawana, Shree Renuka rallied up to 17% after the government announced a 100% incentive for sugar sacrificed for the production of ethanol.
Sugar stocks surge up to 20%; here’s why
Shares of Sakthi Sugars, Dhampur Sugar Mills, Mawana Sugars, Balrampur Chini, Shree Renuka, Bajaj Hindusthan, and EID Parry rallied up to 20% intraday today.
Why are Reliance, Adani and Tatas excited about the business of staples?
Only 11% of the atta sold is branded. Just 5% of rice is branded, while 95% of sugar and 92% of pulses are sold loose
This sugar stock rallies 56% in four sessions; here’s why
At ₹16.78 on Tuesday, the penny stock has doubled from its 52-week low of ₹8.37 on August 17, 2022.
