DSIJ Mindshare

Sweetness extends for sugar stocks on the back of favourable outlook!

Dhampur Sugar Mills, Usha Martin, and Triveni Engineering log fresh 52-week high in ‘A’ Group.

Shreya Banthia 0 500 Article rating: 5.0

Union Minister Nitin Gadkari made an announcement about the assurance of automobile companies to start production of vehicles of flex-fuel variants within six months. Flex-fuel or flexible fuel is an alternative fuel with a combination of gasoline and methanol or ethanol. With the potential ethanol demand growth and higher sugar realisations, the outlook for sugar manufacturers stands strong.   

Top gainers in the pre-opening session today

From Group A, Transport Corporation, Sunflag Iron & Steel and Repco Home Finance showcased an impressive rally in the pre-opening session today.

Shreya Banthia 0 335 Article rating: 5.0

Transport Corporation of India, rallied by 5.05 per cent in today’s pre-opening session as the company announced a takeover by its promoter group Bhoruka Supply Chain Solutions Holdings Ltd for Rs 15.45 crore. At 9.07 am, the share price of the company was trading at Rs 608, an increase of Rs 29.25 from its previous day’s closing price of Rs 578.75 on BSE.   

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