Sugar stocks rally after govt brings forward ethanol blending target date

Rising ethanol demand and aggressive ethanol capacity addition would drive a compounded earnings growth of 15-20% over FY21-24, said analysts who are very bullish on Uttar Pradesh-based sugar companies stocks such as Balrampur Chini, Triveni Engineering, Dhampur Sugar, Dalmia Bharat, DCM Shriram Industries and Dwarikesh Sugar.

via Economictimes