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Sugar Stocks Surge 7% As Govt Lifts Ban On Sugarcane Juice For Ethanol | Stock Market News
Updated: December 18, 2023 12:48 PM IST
The Indian government's decision to allow cane juice and molasses for ethanol production triggers a 4% to 7% surge in sugar stocks. Dhampur Sugar Mills leads the rally with a 7% jump, while Balrampur Chini Mills and Shree Renuka Sugars rise over 6%. Learn how this move is set to reshape India's biofuel landscape and boost ethanol production capacity.
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