Indian sugarcane producer stock prices soar as national E10 mandate improves industry outlook

In India, sugar stocks have soared as the Sensex index passed the 16,000 mark, as Indian investors revised their projections for the sector in the wake of the Indian government’s E10 ethanol mandate. Companies such as Triveni Engineering & Industries, Empee Sugars & Chemicals, Dhampur Sugar (Kashipur), Balrampur Chini Mills, Gayatri Sugars, Venus Sugar, Rana Sugars, Simbhaoli Sugars, Shree Renuka Sugars and JK Sugar have seen stock price increases of more than 100% in the past month.

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