New Delhi, Aug. 31 -- Davangere Sugar Company (DSCL) share price will remain in focus in Monday's trading session after the company announced capex expansion plans on August 29.

On Friday, Davangere Sugar Company shares were up 6.73 per cent to close at Rs.3.49 apiece. The penny stock has remained volatile in near-term as it gained over 9.40 per cent in a month, however, has descended 26 per cent in six months.

In a release dated August 29, the company said that it gearing up for a transformative phase of growth, leveraging a favourable government policy, rising ethanol demand, and deep-rooted farmer partnerships as India accelerates its transition toward cleaner fuels and rural industrialisation.

DSCL's current growth strategy is anch...