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Sebi orders Rs 6.2 crore disgorgement from Mawana Sugars chairman
Son ordered to cough up the sum due to alleged insider trading by Siddharth Shriram, who passed away in 2021
Sugar stocks to sweeten in 2023; Dwarikesh, Renuka can rally up to 37%
The stellar performance of sugar stocks began in 2021, and is likely to continue in the new year - 2023, indicates the technical charts.
Sugar shares rally up to 9% on hopes of strong operational performance
With favourable mix of ethanol towards B-heavy/juice (feedstock) coupled with higher sugar realisations; operating margins are expected at 12.7%-13.7% in FY22-FY23 (slightly higher than FY21 levels).
Sugar stock on a roll; Balrampur, Triveni, Dhampur, Dwarikesh hit new highs
Sugar stocks rallied up to 11 per cent on the BSE in Friday's intra-day trade on strong outlook and foreign institutional investors (FIIs) interest.
Mawana Sugars surges on sale of unit
The stock surged 18% to Rs 50.20 on BSE after the company decided to sell its Titawi plant to Indian Potash.
Mawana ropes in JM Financial to sell sugar unit
Deal could fetch up to Rs 400 cr
