Dwarikesh Sugar (DWARKESH) Share News & Alerts
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Dwarikesh Sugar, Dhampur Sugar and other sugar stocks gain up to 4% after excise duty cut on ethanol-blended petrol
▲ Bullish +4.52%
The excise duty cut on ethanol-blended petrol directly increases the financial viability and demand for ethanol, a major high-margin byproduct for the company. This structural boost improves cash flows and earnings visibility, which is highly bullish for swing and positional traders looking at a 1-3 month horizon.
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