₹168.05 -6.4 -3.7%
Last Trade - 05/03/21
Market Cap | £134.6m |
Enterprise Value | £139.0m |
Revenue | £271.6m |
Position in Universe | 723rd / 3099 |
** Indian sugar stocks rise 5 pct-10 pct after Reuters reports that govt is likely to consider a proposal to get mills to export 5 mln tonnes of sugar by incentivising overseas sales in the 2018/19 season urn:newsml:reuters.com:*:nL3N1W456S ** Govt likely to raise minimum selling price for sugar to 32,000 rupees per tonne for the 2018/19 season from 29,000 rupees in the current season, sources said ** Govt is also planning to raise the price it pays directly to cane growers to 138 rupees a tonne in the 2018/19 season starting from Oct 1, from 55 rupees this season, sources added ** Sugar stocks rallied last week after India's cabinet approved a hike in ethanol purchase price by up to 25 pct urn:newsml:reuters.com:*:nL3N1W03RH ** Balrampur Chini Mills Ltd BACH.NS climbs as much as 5.3 pct to 89.40 rupees, Dalmia Bharat Sugar and Industries Ltd DLMI.NS rises 9.5 pct to 95.5 rupees, and Dhampur Sugar Mills Ltd DAMS.NS gains 7 pct to 146.70 rupees ** Uttam Sugar Mills Ltd UTSM.NS rises as much as 7.1 pct to 128.70 rupees, while Rajshree Sugars & Chemicals Ltd RJSG.NS adds 9.7 pct to 33.45 rupees ((Reuters Messaging: sharnya.g.thomsonreuters.com@reuters.net))