Top 5 Ethanol Stocks in India

Ethanol Stock in India: Ethanol is made by processing the byproducts produced during sugar production. In this article, we will give you detailed information about Ethanol and the top 5 Ethanol stocks in India.

Recently, the Government of India told many things about its manufacturing to increase the percentage of ethanol in petrol. If we talk about the fuel used in vehicles, then it has to be imported from most Arab countries, and for this, the government has to spend a lot of money on this. That is why the government has also set a target of mixing ethanol up to 20% in petrol by the year 2025.

This is also important because going forward the fuel of vehicles will become so expensive that it cannot even be estimated if we look at the rising fuel prices today. If we talk about ethanol, it will now be made by sugar factories which are made after processing sugarcane.

Benefits of using ethanol?

There are many benefits of using ethanol in fuels, some of which are important to see.

• It is much cheaper than other biofuels.
• It can be very useful to reduce global warming.
• This can provide employment to many people.
• This will help the agriculture sector to get a boost.
• It also helps in the formation of hydrogen.
• It is counted in renewable energy.

Top 5 Ethanol Stocks in India

There are many ethanol stocks in India but in this article, we are going to discuss the top 5 ethanol stocks in India.

1. Balrampur Chini Mills Ltd

• Balrampur Chini Mills Limited (BCML) is one of the largest integrated sugar companies in India. The allied businesses of the Company comprise distillery operations and cogeneration of power.
• The company owns and operates 10 manufacturing plants in Eastern & Central Uttar Pradesh.
• 77.96% of Revenues are from Sugar.

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2. Triveni Engineering & Industries

• Triveni Engineering and Industries Ltd is predominantly an integrated sugar manufacturing company, which is also involved in manufacturing high-speed gears and project implementation in the fields of water and waste-water treatment and pollution control.
• Sugar & allied businesses- (90% of revenue in FY21)
  Engineering business- (10% of revenue in FY21)

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3. Dalmia Bharat Sugar & Industries

• Dalmia Bharat Sugar & Industries is mainly engaged in the manufacturing of sugar, generation of power, manufacturing of Industrial alcohol, and manufacturing of refractory products.[
• Sugar sales account for 77% of revenues, followed by Ethanol (15%) and Power (8%).
• The company owns 5 manufacturing facilities. 3 of them are located in the state of Uttar Pradesh and 2 are located in Maharashtra.

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4. EID Parry (India) ltd

• EID Parry is engaged in Sugar, Nutraceuticals, and ethanol production.
• Nutrient and allied business: 66%
  Sugar: 20%
  Crop protection: 11%
  Other: 3 %

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5. Praj Industries Ltd

• Praj Industries Ltd, incorporated in 1985 and headquartered in Pune has a presence across the globe with more than 750 references in more than 75 countries.
• It began as a supplier of an ethanol plant, today it is a global company providing various solutions with a focus on the environment, energy, and agri-process industry.

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FAQ

I hope this artical best ethanol stock in India is helpful for you. If you have any queries regarding this then feel free to comment. Thank you.