“Shree Renuka Sugars may be a two-digit stock but that does not mean it is a small company. There has been a change in promoter and cyclicality has ended with government plan on ethanol. In distillery, its capacity is almost doubling from 770 kiloliters per day to 1,400 kilolitres per day. which will make them the biggest capacity in India of ethanol availability. The second one is EIL. No refinery, no fertiliser plant in India has not been built without the help of EIL.”
Fed tightening bets weigh on gold prices
Gold prices have taken a hit, influenced by rising oil rates that have sparked inflation fears and suggested further interest rate hikes may be on