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Simbhaoli Sugars Ltd.

BSE: 539742 Sector: Agri and agri inputs
NSE: SIMBHALS ISIN Code: INE748T01016
BSE 00:00 | 16 Apr 8.09 0.38
(4.93%)
OPEN

7.95

HIGH

8.09

LOW

7.81

NSE 00:00 | 16 Apr 8.00 0.35
(4.58%)
OPEN

7.65

HIGH

8.00

LOW

7.65

OPEN 7.95
PREVIOUS CLOSE 7.71
VOLUME 45754
52-Week high 9.45
52-Week low 4.85
P/E
Mkt Cap.(Rs cr) 33
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00
OPEN 7.95
CLOSE 7.71
VOLUME 45754
52-Week high 9.45
52-Week low 4.85
P/E
Mkt Cap.(Rs cr) 33
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00

Simbhaoli Sugars Ltd. (SIMBHALS) - Chairman Speech

Company chairman speech

Dear Shareholders

The financial year 2018-19 can be best described as the year of realizing the potential of the sugar sector to transform from `sugar' to `energy' sector. Amidst the challenges of bumper sugar production for the last couple of years Government's ethanol policy has the potential to bring a significant paradigm shift in the industry.Creating a sustainable business model by focusing on ethanol business and optimum product mix of both sugar and ethanol will be the goal in the year ahead.

On the sugar front large domestic sugar inventories weighed heavily on the sugar prices and the industry witnessed sharp fall of more than 25% during the first quarter of the year however Government's proactive 1 policy decision of introducing minimum selling price (MSP) provided much required downside cover for B

.