sugar Industry News
Discover comprehensive updates on sugar industry trends, sugar stocks, and market movements.
The Economic Times
Stock market update: Sugar stocks down as market rises
The 30-share BSE Sensex closed up 236.57 points at 83184.8
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Thu, Sep 19, 2024
The Economic Times
Stock market update: Sugar stocks down as market falls
The 30-share BSE Sensex closed down 131.43 points at 82948.23
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Wed, Sep 18, 2024
The Economic Times
Stock market update: Sugar stocks down as market rises
The 30-share BSE Sensex was up 20.1 points at 83099.76
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Wed, Sep 18, 2024
Business Standard
LIC pares its holding in DCM Shriram Industries by over 2% to 4.66%
Life Insurance Corporation (LIC) on Tuesday said it has pared its stake in DCM Shriram Industries by more than 2 per cent to 4.66 per cent over a period of about three years. In a regulatory filing, LIC said there is a net decrease of 2.016 per cent in its holding in DCM Shriram during the period October 8, 2021, and September 13, 2024. The shares were sold at an average price of Rs 110.072. "...the Life Insurance Corporation of India has decreased its shareholding in equity shares of DCM Shriram Industries Ltd from 58,06,760 to 40,52,635 i.e., 6.675 per cent to 4.659 per cent of the paid-up capital of the said company," LIC said. DCM Shriram Industries is primarily engaged in production and sale of sugar, alcohol and industrial fibres. Shares of DCM Shriram Industries settled 1.77 per cent lower at Rs 194 apiece on the BSE.
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Tue, Sep 17, 2024
The Economic Times
Healthy Moringa dishes: From soup to khakhra – 5 tasty recipes
Moringa is a highly nutritious plant often referred to as the "drumstick tree" or "miracle tree." It’s known for its rich content of vitamins, minerals, and antioxidants. Moringa leaves, in particular, are used in various culinary and medicinal applications due to their health benefits, including anti-inflammatory properties, blood sugar regulation, and enhanced energy levels.
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Sat, Sep 14, 2024
The Economic Times
Stock market update: Sugar stocks up as market falls
The 30-share BSE Sensex closed down 71.77 points at 82890.94
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Fri, Sep 13, 2024
The Economic Times
Stock market update: Sugar stocks up as market falls
The 30-share BSE Sensex was down 8.06 points at 82954.65
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Fri, Sep 13, 2024
The Economic Times
Stock market update: Sugar stocks down as market rises
The 30-share BSE Sensex was up 191.32 points at 81714.48
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Thu, Sep 12, 2024
The Economic Times
Stock market update: Sugar stocks down as market falls
The 30-share BSE Sensex closed down 398.13 points at 81523.16
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Wed, Sep 11, 2024
The Economic Times
Jaggery or sugar: Which sweetener is better for your health?
Jaggery is healthier due to its nutrient content, lower glycemic index, liver detox benefits, digestive aid, immune boost, and minimal processing.
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Wed, Sep 11, 2024
Business Standard
Lulu Group aiming to up agri sourcing from India to Rs 15,000 cr in 2 yrs
UAE-headquartered retailer Lulu Group is looking to increase the quantum of Indian agri procurements to Rs 15,000 crore in the next two years as it expands its network globally, a top company official said on Tuesday. Its Chairman and Managing Director M A Yusuff Ali told reporters that the company plans to have a special focus on the organic good procurement and sees the value of such goods going up to Rs 2,000 crore in a year. "About Rs 10,000 crore imports (of agri products) we are doing every year. We are looking to increase it to Rs 15,000 crore within two years because we are also expanding our footprint in many countries," he said. The imports primarily include commodities such as fruits, vegetables, rice, tea, sugar, spice and millets, he said, pointing out that the produce goes to the Gulf Cooperation Council (GCC) countries and other far-east countries. Ali said his group has tied up with the Indian government-promoted Agricultural and Processed Food Products Export ...
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Tue, Sep 10, 2024
The Economic Times
Stock market update: Sugar stocks up as market rises
The 30-share BSE Sensex closed up 361.75 points at 81921.29
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Tue, Sep 10, 2024
Business Line
Vibaantta Global enters sugar business, plans exports from Brazil
Mulls importing ethanol into India, expand sugar trade to W. Africa, Middle East
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Mon, Sep 9, 2024
The Economic Times
Stock market update: Sugar stocks down as market rises
The 30-share BSE Sensex closed up 375.61 points at 81559.54
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Mon, Sep 9, 2024
Business Line
Tata Starbucks to explore sugar-free options
The company in 2024 plans to add up to five sugar-free customisation options in their menu in response to requests from customers and partners
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Sun, Sep 8, 2024
The Economic Times
Stock market update: Sugar stocks down as market falls
The 30-share BSE Sensex closed down 1017.23 points at 81183.93
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Fri, Sep 6, 2024
Business Standard
UR Sugar Industries Ltd leads losers in 'B' group
NDL Ventures Ltd, Fino Payments Bank Ltd, Ecos (India) Mobility & Hospitality Ltd and IIFL Securities Ltd are among the other losers in the BSE's 'B' group today, 06 September 2024.
The Economic Times
Stock market update: Sugar stocks up as market falls
The 30-share BSE Sensex was down 134.66 points at 82217.98
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Thu, Sep 5, 2024
Business Standard
Govt notifies 8,606 tonnes raw cane sugar exports to US under TRQ regime
The government on Tuesday notified exports of 8,606 tonnes of raw cane sugar under the tariff-rate quota (TRQ) scheme to the US for the October 2024 - September 2025 period. Shipments under the TRQ enjoy relatively lesser customs duties. After the quota is reached, a higher tariff applies to additional imports. "The quantity of 8,606 MTRV (metric tonnes raw value) of raw cane sugar to be exported to USA under TRQ scheme from 01.10.2024 to 30.09.2025 has been notified," the Directorate General of Foreign Trade (DGFT) said in a public notice. A similar quantity was notified in January also. India, the world's second-biggest producer and the largest consumer of sugar, has a preferential quota arrangement for sugar export with the European Union as well. The DGFT said that the quota will be operated by the Agriculture and Processed Food Products Export Development Authority (APEDA).
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Tue, Sep 3, 2024
The Economic Times
Stock market update: Sugar stocks down as market falls
The 30-share BSE Sensex closed down 4.4 points at 82555.44
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Tue, Sep 3, 2024
The Economic Times
Stock market update: Sugar stocks down as market falls
The 30-share BSE Sensex was down 62.74 points at 82497.1
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Tue, Sep 3, 2024
The Economic Times
Rising trend of new-age consumer brands attracting VC investors in India
India's new-age consumer brands, catering to Gen Z and millennials, are attracting substantial venture capital. Brands like Mokobara, Sugar Cosmetics, and Boat are meeting evolving consumer demands and capturing market gaps. Over $400 million has been invested in 2024 alone, with premiumisation and new category creation driving growth.
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Mon, Sep 2, 2024
The Economic Times
How to control blood sugar naturally: 7 tips
Discover seven natural strategies to balance blood sugar levels, including increasing fiber intake, staying hydrated, exercising, and managing stress effectively.
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Mon, Sep 2, 2024
The Economic Times
Stock market update: Sugar stocks down as market rises
The 30-share BSE Sensex closed up 194.07 points at 82559.84
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Mon, Sep 2, 2024
The Economic Times
Can Paytm do a Zomato? Sandip Sabharwal answers
Sandip Sabharwal evaluates various sectors including technology, sugar, defence, and cement. He notes the positive impact of lifted ethanol production restrictions, discusses the high valuations in defence stocks, and explores the future potential for SBI and changes in the cement industry due to ongoing consolidation. Sabharwal also weighs considers whether Paytm can do a Zomato.
The Economic Times
Stock market update: Sugar stocks down as market rises
The 30-share BSE Sensex was up 306.92 points at 82672.69
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Mon, Sep 2, 2024
The Economic Times
Sugar stocks surge on Ethanol push, analysts see more upside
The government's notification removes the limit that exists on the diversion of sugar for ethanol production. "Since ethanol is a high-yielding product, this removal of cap would help the sugar mills and distilleries to manufacture more ethanol and improve their revenue mix directly, which will improve cash flows and stabilize the sugar industry," said T Manish, research analyst, Samco Securities.
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Sat, Aug 31, 2024
Mint
Worst Drought in 40 Years Puts Brazil’s Major Crops at Risk
First came wildfires that scorched sugar cane fields. Now, the worst drought in more than four decades is threatening coffee and soybean crops in Brazil.
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Fri, Aug 30, 2024
Business Line
Sugar stocks surge as Govt permits grain-based distilleries in rice procurement e-auctions
This move is anticipated to decrease closing stock levels, thereby maintaining higher sweetener prices.
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Fri, Aug 30, 2024
Business Standard
Sugar stocks rally after govt lifts curbs on sugar diversion for ethanol production
Shares of sugar makers gained 2% to 8% after the government removed the cap on sugar diversion for ethanol production for ESY (Ethanol Supply Year - December to November) 2024-25.
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Fri, Aug 30, 2024
CNBC TV18
Sweet Day — Here is why sugar stocks like Balrampur, Dalmia Bharat Sugar surged up to 13% in trade
The government removed the cap on sugar diversion for ethanol production for Ethanol Supply Year (ESY) 2024-25, which begins on November 1, 2024.
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Fri, Aug 30, 2024
Business Standard
Govt allows sugar mills to use cane juice for ethanol production from Nov
he world's second-biggest sugar producer imposed restrictions on diverting sugar for ethanol production in December 2023 to increase sugar output after cane crop was hit by below-average monsoon rains
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Thu, Aug 29, 2024
The Economic Times
Government lifts cap on sugar diversion for ethanol production starting in November 2024
Starting November 1, 2024, the Union government will lift the cap on sugar diversion for ethanol production, allowing the use of cane juice, syrup, and various molasses types. Additionally, distilleries can now purchase up to 2.3 million metric tons of rice from the Food Corporation of India for ethanol. This policy aims to boost renewable energy while maintaining stable sugar availability. The Department of Food and Public Distribution and the Ministry of Petroleum and Natural Gas will oversee the impact on sugar supplies.
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Thu, Aug 29, 2024
The Economic Times
Stock market update: Sugar stocks down as market rises
The 30-share BSE Sensex closed up 349.05 points at 82134.61
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Thu, Aug 29, 2024
Business Standard
Govt proposes domestic sale of raw sugar, ending six-decade-old ban
Raw sugar commands a higher price than refined sugar and could boost revenue in the market
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Thu, Aug 29, 2024