The revised sugar production estimate is, however, down by 8.88 per cent from the actual production of 35.92 million tonnes in the 2021-22 marketing year (October-September). In a statement, NFCSF said about 531 sugar mills across the country have produced 32.03 million tonnes of sugar till April 30. Of 531 sugar mills, 67 mills are still in operation.
Kaynes shares plunge 43% from October peak. Is a tactical rebound on the cards or more pain ahead?
Kaynes has plunged 43.5% from its October peak, with Friday’s 12.5% drop marking the steepest single-day decline. Momentum indicators remain bearish, signaling a risk of