Sugar Stocks Soar as Government Lifts Ban on Sugarcane Juice for Ethanol Production
Sugar stocks experienced a significant surge in response to a government order reversing the ban on using sugarcane juice for ethanol production. Bajaj Hindusthan Sugar led the gains, recording a 7.7% increase, as major stocks rose in today’s trading session. The government’s decision to allow both sugarcane juice and B-heavy molasses for green fuel production …
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