Sugar stocks become sweeter
DSIJ Intelligence / 31 Jul 2017
Empee Sugars & Chemicals was the top gainer among them and the stock breached the upper circuit at Rs 6.10, up by 4.99%. It witnessed spurt in volume by more than 1.03 times.
Sugar stocks were buzzing during the morning hours on Monday on the BSE. Empee Sugars & Chemicals was the top gainer among them and the stock breached the upper circuit at Rs 6.10, up by 4.99%. It witnessed spurt in volume by more than 1.03 times.
As reported by a leading news agency, the government foresees 2017-18 sugar output at around 24 MT as against 20.3 MT last year YoY.
Among other sugar majors, Dwarikesh Sugar Industries was trading up by 4.85% at Rs 500.95 per share; Dhampur Sugar Mills was trading up by 4.64% at Rs 242.30 per share; Uttam Sugar Mills was trading up by 3.95% at Rs 167.30 per share; Thiru Arooran Sugars was trading up by 3.79% at Rs 61.60 per share; Simbhaoli Sugars was trading up by 3.50% at Rs 32.50 per share.
Balrampur Chini Mills, Ponni Sugars (Erode), Rajshree Sugars & Chemicals and Dalmia Bharat Sugar & Industries were also trading in the green zone.
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