The increase in FRP is for next year. By next year Govt will increase MSP and anyway market prices will be higher due to expected reduction in sugar production next year. Sugar companies should not be impacted.
Further, FRP increase is going to increase costs for mills in Maharashtra and Karnataka only as they purchase as per FRP. Other states have SAP which is already higher then FRP.
Sugar companies will benefit from grain based ethanol as Govt is ensuring supply of maize at low cost for ethanol production.
Posts tagged Value Pickr
Sugar Cycles: 7-8 years of losses followed by 2-3 years of super gains! (26-02-2024)
Sugar Cycles: 7-8 years of losses followed by 2-3 years of super gains! (26-02-2024)
The increase in FRP is for next year. By next year Govt will increase MSP and anyway market prices will be higher due to expected reduction in sugar production next year. Sugar companies should not be impacted.
Further, FRP increase is going to increase costs for mills in Maharashtra and Karnataka only as they purchase as per FRP. Other states have SAP which is already higher then FRP.
Sugar companies will benefit from grain based ethanol as Govt is ensuring supply of maize at low cost for ethanol production.
Sky Gold ltd. – Will it reach the sky? (26-02-2024)
Warrants alert !!
Sky Gold ltd. – Will it reach the sky? (26-02-2024)
Warrants alert !!
PayTM (One 97 Communications Ltd) (26-02-2024)
Screenshot of moneycontrol page
PayTM (One 97 Communications Ltd) (26-02-2024)
Screenshot of moneycontrol page
Megatherm – Mega Opportunity (26-02-2024)
Just in, Debt reduction.
https://nsearchives.nseindia.com/corporate/MEGATHERM_26022024180059_UPDATESMEGATHERM.pdf
Megatherm – Mega Opportunity (26-02-2024)
Just in, Debt reduction.
https://nsearchives.nseindia.com/corporate/MEGATHERM_26022024180059_UPDATESMEGATHERM.pdf
Power Mech Projects – Not a typical Power Infra Company (26-02-2024)
Order game going strong !
Power Mech Projects – Not a typical Power Infra Company (26-02-2024)
Order game going strong !