Sugar stock trades flat to negative on Monday
Shital Jibhe / 30 Jan 2017
The Indian markets is showing weakness on Monday. Nifty and Sensex are trading down by 6 and 8 points respectively. It would be interesting to see whether Nifty would hold the crucial level of 8,600 ahead of Union Budget 2017. Sugar stocks seem to have a cautious trade on the bourses.
The Indian markets is showing weakness on Monday. Nifty and Sensex are trading down by 6 and 8 points respectively. It would be interesting to see whether Nifty would hold the crucial level of 8,600 ahead of Union Budget 2017. Sugar stocks seem to have a cautious trade on the bourses.
Sugar stocks traded flat to negative on Monday. East India Distilleries Parry Limited (EID Parry) is trading in red. Its stock opened at Rs 293.55 per share with a mere gain of Rs 0.15 per share. The Q3 results of the company is set to be announced on February 7.
Balrampur Chini Mills Limited is trading at Rs 144.70 per share, up by Rs 0.30 per share or 0.21 per cent. Whereas, Dalmia Bharat Sugar and Industries Limited touched a high of Rs 194 per share, up by Rs 4.9 per share or 2.59 per cent.
On the other hand, Dwarikesh Sugar Industries Limited is trading in red at Rs 408.15 per share, down by Rs 1.75 per share or 0.43 per cent.
However, no strong movement in sugar stocks has been noticed yet.
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