The term biofuels usually applies to liquid fuels and blending components produced from biomass materials called feedstocks. Most biofuels are used as transportation fuels, but they may also be used for heating and electricity generation.
There are various industries that involve themselves in activities related to biofuel. Oil marketing companies (OMCs) and sugar companies have the largest exposure to biofuels and in some cases, a few firms have also set up research & development (R&D) units on biofuels.
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Despite reporting a strong Q2, shares of Balrampur Chini continue to fall with over 15% drawdown in a week. Here's why.
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As the government raises the price of ethanol from C-heavy molasses, these 10 stocks are set to benefit.
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Given the tremendous availability of potential biomass in India, there's a huge opportunity for companies involved in the production of biofuels.