The rice sale for ethanol makers was discontinued for various reasons, including apprehensions about domestic output and high retail prices, and economic unviability, he said. On the impact on investments on grain-based distilleries, Chopra said, "This is not a policy which is cast in stone. This policy will be renewed. Maize is being encouraged for ethanol production."
Balmer Lawrie plans to diversify its business verticals by adding new units such as FTWZ and ethanol production. The company aims to increase revenue from INR 2,300 crore to INR 6,000 crore in three years.
Green Plains Inc. (NASDAQ:GPRE – Get Free Report) was the recipient of a large increase in short interest in the month of March. As of March 15th, there was short interest totalling 6,220,000 shares, an increase of 7.6% from the February 29th total of 5,780,000 shares. Based on an average trading volume of 1,150,000 shares, […]
Green Plains Inc. (NASDAQ:GPRE – Free Report) – Research analysts at Roth Capital dropped their Q1 2024 earnings estimates for shares of Green Plains in a report issued on Monday, March 25th. Roth Capital analyst C. Irwin now anticipates that the specialty chemicals company will post earnings per share of ($0.25) for the quarter, down […]
Green Plains Inc. (NASDAQ:GPRE – Free Report) – Research analysts at Roth Capital dropped their Q1 2024 earnings estimates for shares of Green Plains in a research report issued on Monday, March 25th. Roth Capital analyst C. Irwin now anticipates that the specialty chemicals company will earn ($0.25) per share for the quarter, down from […]