Ethanol factor creates excitement for sugar stocks; Renuka Sugars & Magadh Sugar pip EID Parry & Balrampur Chini to emerge as top gainers!
Ethanol factor creates excitement for sugar stocks; Renuka Sugars & Magadh Sugar pip EID Parry & Balrampur Chini to emerge as top gainers!

Ethanol factor creates excitement for sugar stocks; Renuka Sugars & Magadh Sugar pip EID Parry & Balrampur Chini to emerge as top gainers!

A couple of years back, stocks from this sector were overlooked by investors given the hiccups faced by this industry; however, fast-forward to 2021, these stocks have become the darling of traders now. So, let’s know the reason behind this sudden swift in the sugar stocks. 

Karan Dsij Article rating: 3.1

Hence, a successful E20 programme can save the country US $4 billion per annum, i.e., Rs 30,000 crore. Besides, ethanol is a less-polluting fuel and offers equivalent efficiency at a lower cost than petrol.  

Five stocks witnessing long built-up
Five stocks witnessing long built-up

Five stocks witnessing long built-up

Ganesh Pawar Article rating: 3.8

The market opened in red on July 01, 2021, overall volumes in futures & options currently stand at 3,54,80,369 contracts with a turnover of Rs. 34,64,779.35 crore.

Five stocks witnessing short built-up
Five stocks witnessing short built-up

Five stocks witnessing short built-up

Ganesh Pawar Article rating: 4.1

The market opened in red on July 01, 2021, overall volumes in futures & options currently stand at 3,54,80,369 contracts with a turnover of Rs. 34,64,779.35 crore.

Cigniti Technologies rises 2 per cent on expansion in Singapore
Cigniti Technologies rises 2 per cent on expansion in Singapore

Cigniti Technologies rises 2 per cent on expansion in Singapore

The company is committed to providing customers with the insights, advisory & services they need to accelerate their digital as well as business transformation and drive higher ROI from their QA initiatives.

Abhinav Lahoti Article rating: 3.3

World’s leading independent quality engineering & software testing services company, Cigiti Technologies Ltd announced the opening of its first office in Singapore; thus, expanding its global footprints.  

Only buyers in Suzlon as the stock trades close to its 52-week highs
Only buyers in Suzlon as the stock trades close to its 52-week highs

Only buyers in Suzlon as the stock trades close to its 52-week highs

Suzlon is up by 58 per cent in one year while the stock has gained 42 in one month. The stock is locked in upper circuit after gaining 5 per cent on Thursday.

Yogesh Supekar Article rating: 3.4

Suzlon has narrowed its losses in the recent quarter with improving total income YoY.

India Glycols forms 49-51 JV with Clariant for renewable ethylene oxide derivatives
India Glycols forms 49-51 JV with Clariant for renewable ethylene oxide derivatives

India Glycols forms 49-51 JV with Clariant for renewable ethylene oxide derivatives

The JV's production facilities in India will supply to local & global markets, creating one of the largest green-focussed speciality chemicals (EO derivative) companies.

Apurva Joshi Article rating: 4.4

India Glycols Limited (IGL) along with Clariant has completed the creation of their 49-51 per cent joint venture for renewable ethylene oxide (EO) derivatives after receiving all the necessary regulatory approvals. The joint venture will operate under the name, Clariant IGL Specialty Chemicals Private Limited.

Top-performing penny stocks for Q2CY2021: 28 stocks turn multibaggers, DNAMEDIA jumps 407 per cent in just 3 months!
Top-performing penny stocks for Q2CY2021: 28 stocks turn multibaggers, DNAMEDIA jumps 407 per cent in just 3 months!

Top-performing penny stocks for Q2CY2021: 28 stocks turn multibaggers, DNAMEDIA jumps 407 per cent in just 3 months!

The outperformance of the broader markets was a boon for the market participants as a lot of stocks were seen delivering multifold returns during April-June quarter, which is Q2CY2021.

Karan Dsij Article rating: 3.3

So, let’s move on and look, which were the top-performing penny stocks for Q2CY2021.

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