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Simbhaoli Sugars Ltd.

BSE: 539742 Sector: Agri and agri inputs
NSE: SIMBHALS ISIN Code: INE748T01016
BSE 00:00 | 08 Apr 4.95 0
(0.00%)
OPEN

4.95

HIGH

4.95

LOW

4.95

NSE 00:00 | 09 Apr 5.30 0.25
(4.95%)
OPEN

5.30

HIGH

5.30

LOW

5.30

OPEN 4.95
PREVIOUS CLOSE 4.95
VOLUME 71
52-Week high 12.10
52-Week low 3.56
P/E
Mkt Cap.(Rs cr) 20
Buy Price 4.95
Buy Qty 5000.00
Sell Price 4.49
Sell Qty 300.00
OPEN 4.95
CLOSE 4.95
VOLUME 71
52-Week high 12.10
52-Week low 3.56
P/E
Mkt Cap.(Rs cr) 20
Buy Price 4.95
Buy Qty 5000.00
Sell Price 4.49
Sell Qty 300.00

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 potentialof the sugar sector to transform from ‘sugar' to ‘energy' sector. Amidst thechallenges of bumper sugar production for the last couple of years Government's ethanolpolicy has the potential to bring a significant paradigm shift in the industry.Creating asustainable business model by focusing on ethanol business and optimum product mix of bothsugar and ethanol will be the goal in the year ahead.

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