Ethanol ecosystem: Judging fear by noise is not evidence; is an index the answer? 15 stocks from the ecosy
Sugar is one of the oldest distressed sectors in India. For decades it has swung between glut and shortage, carried heavy debt, was dependent on politically-set cane prices, and left farmers unpaid. Many of the companies have been financially weak for years, some for most of their listed lives. Ethanol was meant to change all that, giving mills a second, steadier stream of income and changing the whole ecosystem. Has it? Check out Stock Reports Plus, powered by Refinitiv, for price targets of over 4,000 listed stocks along with detailed company analysis focusing on five key components – earnings, fundamentals, relative valuation, risk, and price momentum – to generate standardised scores. SR+ Reports is a complimentary offering to ETPrime members.
Sugar is one of the oldest distressed sectors in India. For decades it has swung between glut and shortage, carried heavy debt, was dependent on politically-set cane prices, and left farmers unpaid. Many of the companies have been financially weak for years, some for most of their listed lives. Ethanol was meant to change all that, giving mills a second, steadier stream of income and changing the whole ecosystem. Has it? Check out Stock Reports Plus, powered by Refinitiv, for price targets of over 4,000 listed stocks along with detailed company analysis focusing on five key components – earnings, fundamentals, relative valuation, risk, and price momentum – to generate standardised scores. SR+ Reports is a complimentary offering to ETPrime members.
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