Sugar Stocks Rally: Avadh Sugar, Zuari Industries, Balrampur Chini Mills, Dwarikesh Sugar Jump up to 14% as Govt Tightens Stockholding Limits

Sugar stocks rally: Avadh Sugar, Zuari Industries, Balrampur Chini Mills, Dwarikesh Sugar jump up to 14% as Govt tightens stockholding limits

Sugar stocks extended gains on Thursday, with Avadh Sugar & Energy, Zuari Industries, Dwarikesh Sugar, Bannari Amman Sugars and Balrampur Chini Mills gaining up to 14 per cent after the government tightened sugar stockholding limits amid record-high prices.

Sugar stocks soar: Balrampur Chini up 18% despite tighter stockholding limits as prices hit record highs

Sugar stocks rallied sharply in afternoon trade, with Balrampur Chini Mills surging 18 percent and Dwarikesh Sugar nearly 14 percent, even as the government tightened stockholding limits to rein in record-high domestic sugar prices.

Sugar stocks rally up to 14% as higher prices, tighter supplies improve outlook

Mumbai: Shares of sugar companies extended their recent gains on Wednesday, rising as much as 14% on the BSE as investors bet on stronger industry earnings amid tighter sugar supplies, firm domestic prices and continued diversion of sugar towards ethanol. Bajaj Hindustan, Dwarikesh Sugar Industries and Shree Renuka Sugars gained between 10% and 14% during intraday trading. Dhampur Sugar Mills, Avadh Sugar & Energy, Uttam Sugar Mills, Dalmia Bhar…