Shares of the company specializing in manufacturing Sugar, Ethanol, and co-generation of power, dropped nearly 10 percent after SEBI banned some of its promoters for fund diversions and mismanagement, and imposed a fine of Rs.63 crore on the company.  Price Movement  The share price of Rana Sugars Limited dropped by 10 percent, reaching an intra-day … Continue reading Ethanol stock falls 10% after SEBI bans company’s promoters for fund diversion