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1:10 Stock Split, Rs 5/Share Dividend: Small Cap Stock Soars 10.01% Today, Why?

Small cap company BCL Industries Ltd shares today surged 10.01% today after oil marketing companies (OMCs) on Thursday declared an additional incentive of Rs 5.79 per litre (excluding goods and services tax) for ethanol sourced from maize. Earlier yesterday Indian ...

Govt Makes CBG Blending Mandatory In CNG, PNG; Eyes Rs 37,500 Crore Investment For 750 Projects by 2028-29

India has made Compressed Bio-Gas (CBG) blending mandatory in the CNG (Transport) & PNG (Domestic) segments of the CGD Sector. The key objectives of the CBO are to stimulate demand for CBG in the CGD sector, import substitution for Liquefied Natural ...

India Achieved 10 Per Cent Ethanol Blending Target Ahead of Schedule: PM

India, the world's third biggest oil importing and consuming nation, achieved the target to blend 10 per cent sugarcane-extracted ethanol in petrol ahead of schedule, Prime Minister Narendra Modi said. Addressing the nation from the ramparts of the Red Fort on ...

Sugar Mills May Earn Rs 15,000 Crore Revenue in 2020-21 From Ethanol Supply To OMCs

Sugar mills are likely to earn revenues of about Rs 15,000 crore in the 2020-21 marketing year ending November by selling ethanol to oil marketing companies (OMCs), the government said on Tuesday. In a written reply to the Lok Sabha, Minister ...

Sugar Stocks Rally Up To 18% As Piyush Goyal To Hold Meet; May Announce Sops

In an otherwise weak market, sugar stocks hog the limelight as the sector may see sops being announced by Piyush Goyal who is reported to hold meeting with stakeholders today. StockGain % EID Parry 5 ...

Cabinet Hikes Ethanol Prices, To Benefit Sugarcane Farmers, Sugar Stocks

On Thursday, the Cabinet Committee on Economic Affairs approved fixing higher ethanol price derived from different sugarcane-based raw materials under the Ethanol Blended Petrol (EBP) Programme for the forthcoming sugar season 2020-21 during Ethanol Supply Year (ESY) 2020-21 from 1 December ...

Sugar Stocks Soar After CCEA Fix Prices for Ethanol Procurement

Shares of the Sugar companies rose on Thursday after that the Cabinet Committee on Economic Affairs (CCEA) has fixed prices for ethanol procurement. CCEA approved a proposal to fix the delivered price of ethanol in the range of Rs.48.50 to ...