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Sugar Stocks Soaring: Rally Generates Up to 13% Increase Discover the Reasons Behind the Sweet Spot

Sugar Stocks Soaring: Rally Generates Up to 13% Increase Discover the Reasons Behind the Sweet Spot
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Ethanol, sugar stocks rally up to 15% as India launches global biofuel alliance at G20

The alliance, with the United States and Brazil as its founding members, would help accelerate global efforts to meet net zero emissions targets by facilitating trade in biofuels derived from sources including plant and animal waste, a Reuters report said.

Trade Spotlight | What should be your strategy for EID Parry, LIC of India, KEC International today

LIC saw a decisive breakout of long falling resistance trendline adjoining highs of December 20 last year, and August 11 this year. The stock has formed a bullish candlestick pattern with long upper shadow on the daily charts with strong volumes.

Sugar stocks jump up to 8% amid fears of production drop; Rana Sugar, Renuka top gainers

The gains have been on the back of over 3% jump in the price of sugar in a fortnight to their highest level in six years. A Reuters report quoted traders and industry officials attributing limited rainfall in the country s key growing regions to be the reason for this panic hinting a fall in production in the upcoming season.

A Balasubramanian: Next generation companies will drive growth: A Balasubramanian

Of course, we will always remain young because at the end of the day, firms like us, though we have spent 30 years, realised, I always say that the average age of Aditya Birla Sun Life Mutual Fund is roughly about 34-35, so it will always remain, new generation will come.

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