About The Stock Dwarikesh Sugar (DSL) is a UP based sugar company with sugar crushing capacity of 21500 TCD, distillery capacity of 163 KLD & co-generation capacity of 91 MW. It is undertaking a distillery capacity addition of 170 KLD with investment of Rs 230 crore. The distillery will be commissioned by June-2022. Q4-FY22 Results DSL reported strong profit growth in Q4FY22. What should…
The sector is in the sweet spot due to structural changes, thanks to various government initiatives which ensure the financial position of the companies remains healthy. Historically, the domestic sugar industry has been plagued by two major issues – natural cyclicality (irregular monsoons) and induced cyclicality (leading to cane arrears). Not even a single stock from this sector eroded investors’…
The plant was commissioned today and will use cane juice syrup and ‘B’ heavy molasses as feedstock to produce ethanol. The company’s total distillery capacity now stands at 337.5 kilo litre per day. While ethanol production will be doubled, sugar production will be moderated. The distillery is based on cutting edge technology which will result in zero liquid discharge. The…
ICICI Direct has buy call on Dwarikesh Sugar Industries NSE 0.30 % with a target price of Rs 145. The current market price of Dwarikesh Sugar Industries is Rs 101.35. Time period given by analyst is one year when Dwarikesh Sugar Industries Ltd NSE 0.30 %. price can reach defined target. Dwarikesh Sugar Industries Ltd., incorporated in the year 1993,…
ICICI Direct has buy call on Dwarikesh Sugar Industries NSE 0.30 % with a target price of Rs 145. The current market price of Dwarikesh Sugar Industries is Rs 101.35. Time period given by analyst is one year when Dwarikesh Sugar Industries Ltd NSE 0.30 %. price can reach defined target. Observations on India’s sugar industry as made by ICICI…
Reported Standalone quarterly numbers for Dwarikesh Sugar Industries are: Net Sales at Rs 646.46 crore in June 2022 up 64.82% from Rs. 392.22 crore in June 2021. Quarterly Net Profit at Rs. 39.70 crore in June 2022 up 46.49% from Rs. 27.10 crore in June 2021. EBITDA stands at Rs. 78.52 crore in June 2022 up 31.79% from Rs. 59.58…
The public hearing for Cane Crushing Capacity expansion of Dwarikesh Nagar Plant from 6500 TCD to 7500 TCD was Presided by Additional District Magistrate ( E) Bijnor. The hearing, held on 8th June 2022 at Dwarikesh Nagar, was conveyed by Regional Officer, UP Pollution Control Board, Bijnor in the presence of Farmers and Dwarikesh Authoritie
A new peer-reviewed research has revealed that artificial sweeteners may actually increase sugar levels in the body. Highlighting that it is no longer safe to assume that artificial sweeteners are not bad for people’s health, immunologist Professor Eran Elinav of the Weizmann Institute of Science raised concerns about their consumption. Consuming saccharin and sucralose harms the ability of healthy adults…
The findings of a large study of French adults suggest a potential direct association between higher artificial sweetener consumption and increased cardiovascular disease risk, including heart attacks The findings of a large study of French adults suggest a potential direct association between higher artificial sweetener consumption and increased cardiovascular disease risk, including heart attack and stroke. The findings, published by…