Wed, Aug 14, 2024
EID Parry's total income declined to Rs 6,806.98 crore in the April-June period of this fiscal year from Rs 7,015.27 crore in the corresponding period of the previous year.
More >
Thu, Jun 13, 2024
Elections and Markets; Strong further growth possible in the global sugar market. Investment opportunities in sugar shares. Strictness on aviation sector may increase, sharp fall in Indigo is possible: Sushil Kedia, Founder & CEO, KEDIANOMICS
Zee Business sources say that the government was considering increasing the minimum support price (MSP) of sugar for 2024-25. The current MSP of sugar is Rs 31/kg, while sugar mills are demanding it to increase to Rs 41/kg. After the development, EID Parry (India) and Bajaj Hindusthan Sugar touched their respective 52-week highs on Thursday.
Thu, Feb 03, 2022
Lately, sugar stocks have been in focus mainly on the back of two reasons - one was overall crunch in sugar export globally and the government increasing the blend percentage to reduce the oil import bill.
Tue, Feb 01, 2022
The finance minister had announced this while presenting the Union Budget 2022-23 in the Parliament today. The tax shall be applicable from October 1, 2022.
Thu, Dec 09, 2021
Another reason for these stocks are on roll is mainly on the expectation that for at least the next one year the sugar prices at both domestic and global levels to be firm, on the back of lower inventories.
Tue, Oct 12, 2021
In conversation with Anil Singhvi, Managing Editor at Zee Business, Ashish Chaturvedi, Research Analyst explained the reason behind the actions in the sugar stock.
Tue, Aug 17, 2021
Amid stretched valuations in the domestic market and tepid gains in Asian markets, the domestic equity markets were trading in a red on Tuesday’s noon deals. At 12.54 pm, the S&P BSE Sensex was down 108.19 points or 0.19 per cent at 5,474.39, while Nifty 50 was trading with a loss of 43.55 points or 0.26 per cent at 16,519.50.
Fri, Jul 16, 2021
The move is expected to not only help sugar companies, but would also improve liquidity of sugar mills and timely payment of sugarcane farmers.
Thu, Jun 03, 2021
As the government advanced 20 per cent ethanol blending by 2 years to 2023 from 2025, the shares of sugar companies rallied up to 8 per cent on the BSE in intra-day trade on Thursday.
Mon, May 03, 2021
Being bullish in sugar stocks, Zee Business Managing Editor Anil Singhvi recommended Kothari Sugar amid good valuations and the rising sugar prices in domestic and global markets.
Wed, Apr 19, 2017
Cabinet decided to extend time limit for sugar stocks. Watch this special segment and get to know more here.
Fri, Dec 30, 2016
Key Indian equity market indices opened in the green on Friday even as investors await any new government announcement as the deadline to deposit old notes draws to a close.
Fri, Jun 17, 2016
Stocks of sugar companies fell over 3% in the Bombay Stock Exchange (BSE) in the morning trade on Friday. The government imposed 20% customs duty on sugar exports to boost domestic supply and check prices which are ruling high at Rs 40/kg.
Mon, Jun 13, 2016
Stocks of sugar companies were trading in green after the Food Ministry last week proposed 25% customs duty on sugar exports.
By accepting cookies, you agree to the storing of cookies on your device to enhance site navigation, analyze site usage, and assist in our marketing efforts.
