Bajaj Hindusthan

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  Bajaj Hindusthan To Sell Power Business For Rs 1,227 Crore To Group Firm

  The company had announced plans in December to sell its co-generation power business, having 449 MW capacity at 14 locations in Uttar Pradesh, to LPGCL for about Rs 1,800 crore.

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  Bajaj Hindusthan Sugar Q3 Net Loss Narrows to Rs 37 Crore

  Income from operations fell to Rs 727.50 crore in the third quarter of this fiscal from Rs 766.81 crore in the corresponding period of the previous year.

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  Bajaj Hindusthan To Sell Power Business To Group Firm For Rs 1,800 Crore

  Bajaj Hindusthan Sugar Ltd plans to sell its co-generation power business to its group company Lalitpur Power Generation Company Ltd (LPGCL) for about Rs 1,800 crore.

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  Sugar Shares Back In Rally Mode, Surge Up To 15%

  Shares of sugar companies such as Dalmia Bharat Sugar, Dwarikesh Sugar, Dhampur Sugar Mills, Shree Renuka Sugars, Sakthi Sugars, Ponni Sugars Erode and Bajaj Hindusthan rallied 9-15 per cent each in an otherwise flat market.

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  Bajaj Hindusthan Q4 Net Profit At Rs 125.57 Crore

  Bajaj Hindusthan Sugar, India's largest sugar manufacturer, on Monday posted a standalone net profit of Rs 125.57 crore for the fourth quarter ended March, on strong revenues from sugar and distillery businesses.

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  Bajaj Hindusthan's Q3 Net Loss Narrows to Rs 67 Crore

  Net loss came down despite its income from operations falling to Rs 734 crore during the third quarter of the current fiscal from Rs 1,161 crore in the year-ago period, the company said in a regulatory filing.

• Bajaj Hindusthan Shares Surge on FCCB Repayment, Sugar Import Duty

  The repayment, coupled with the government's move to raise the import duty on sugar, has created positive sentiment in the counter, dealers said.

• Bajaj Hindusthan Redeems Foreign Currency Bonds

  Bajaj Hindusthan, India's largest sugar firm, on Monday said it has paid nearly $18 million, including a premium, to redeem foreign currency bonds issued to International Finance Corporation (IFC).

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  Sensex Falls; ITC Slumps Most in About 10 Months

  However, sugar refiners gained after the food minister said on Monday that India would raise import duty on sugar to 40 per cent from 15 per cent, as the government tries to revive business at mills that owe farmers around $1.84 billion.

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  Sugar Refiners Gain on Hopes of Government Aid

  Bajaj Hindusthan Ltd gains 3 per cent, Dhampur Sugar Mills Ltd higher 2.1 per cent, Shree Renuka Sugars Ltd up 3.2 per cent, and Balrampur Chini Mills Ltd rises 3.8 per cent.

• Sugar Refiners' Shares Rise on Expected Government Measures

  Food, agriculture, road and petroleum ministers are expected to meet soon to discuss ethanol blending in petrol and imports of E85 engines that run on higher amount of ethanol blend, they add.

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  Shares of Sugar Refiners Slump; Bajaj Hindusthan Down 6%

  Shares of sugar refiners slump as sugar futures fall to their lowest level in 10 weeks on sluggish demand from bulk consumers ahead of the monsoon season.

• Sugar companies shares surge on price spike

  Shares in sugar companies were trading higher after a spike in sugar prices which is likely to boost manufacturers' margins, traders say.

• Sugar companies shares rise on spike in global prices

  Shares in sugar manufacturers gained after raw sugar futures on ICE soared to three-month highs on Monday on worries about potential crop damage from dry weather in Brazil.

• Sugar stocks gain on Cabinet nod to terms of loan package

  Shares of sugar manufacturers rose today after the Cabinet Committee of Economic Affairs gave its nod for the terms of a Rs 6,600 crore bailout package.