Triveni Engineering and Industries Ltd News

Balrampur Chini, Shree Renuka, Triveni: Sugar stocks dip after 300% surge_66834

Select sugar stocks like Balrampur Chini, Dwarikesh Sugar and Renuka had jumped up to 6-fold post the Covid-19 decline; However, off late the stocks have corrected sharply post export limitations.

Sugar stocks extend fall, slip up to 9% as government restricts exports_66356

Brokerage ICICI Securities believes this would not have any impact on sugar companies' fundamentals.

Sugar shares rally up to 9% on hopes of strong operational performance_54766

With favourable mix of ethanol towards B-heavy/juice (feedstock) coupled with higher sugar realisations; operating margins are expected at 12.7%-13.7% in FY22-FY23 (slightly higher than FY21 levels).

Sugar stocks sweeten; Dwarikesh, Dalmia Bharat, Triveni surge up to 10%_51160

Magadh Sugar & Energy, Rana Sugar, Uttam Sugar Mills, KM Sugar, Andhra Sugar, Mawana Sugar and Shree Renuka Sugar surged 10 per cent to 15 per cent on the BSE.

Sugar stocks extend rally; Triveni, Dhampur, Uttam Sugar zoom up to 18%_43110

Union minister Nitin Gadkari on Saturday said top officials of automobile companies have promised him that they will start manufacturing vehicles of flex-fuel variants within six months.

Sugar stock on a roll; Balrampur, Triveni, Dhampur, Dwarikesh hit new highs_42418

Sugar stocks rallied up to 11 per cent on the BSE in Friday's intra-day trade on strong outlook and foreign institutional investors (FIIs) interest.

Sugar shares in demand; Dhampur, Dwarikesh hit all-time highs_40862

With a favourable mix of ethanol towards B-heavy/juice (feedstock) coupled with higher sugar realisations; operating margins of sugar companies are expected to improve.

Sugar stocks sweeten market mood; Balrampur, Dhampur, Triveni gain up to 8%_39200

Ethanol demand should grow at a 15 per cent CAGR over FY22-30E driven by the government's mandate of 20 per cent ethanol-blending in petrol, analysts say

Share price of this sugar company has jumped four-fold in one year_26954

Shares of Triveni Engineering hit a new high of Rs 285.30, on rallying 9 per cent in intra-day trade. The stock zoomed 313 per cent from its 52-week low of Rs 69 touched on February 16, 2021.

Triveni Engineering soars 6%, hits new high on healthy business outlook_20640

The company's grain-based distillery of 60 KLPD is expected to commence its operations in Q4FY22, which is likely to strengthen its operational profile and improve revenue diversification.

Bajaj Hind, Dwarikesh: Stay invested in sugar stocks for up to 33% gain_15677

Major sugar stocks are ready to claim new bullish territory

Sugar shares extend rally; Balrampur, Dwarikesh rally up to 27% in one week_15583

The sugar industry is going through a transformation from being a cyclical industry to structural growth sector by increasing distillery capacities over the next three years, analysts say.

Sugar stocks rally on strong outlook; Triveni, Balrampur hit new highs_14697

According to CRISIL, sugar mills are expected to see both revenue and profitability improve in the 2022 season (SS 2022; October 2021 to September 2022).

Sugar stocks in demand; Balrampur, Dalmia Bharat, Triveni gain up to 10%_5151

ICICI Securities believe domestic as well as global sugar prices would remain firm at least for next one year