Sugar stocks' outlook turns sour as export ban fuels panic selling

While strong lobbying to reverse curbs is expected, share prices are seen hitting new 52-week lows before the new season rolls in

Premium

New Delhi

3 min read Last Updated : May 26 2022 | 2:40 AM IST

The government’s move to cap sugar exports at 10 million tonnes contracted for, with no exports between June 1-October 31, 2022 (except under restrictive conditions), has led to a big

Topics : Stock Market Sensex Sugar Sugar exports Sugar prices Sugar Stocks share market stock market trading Markets stock Markets BSE NSE

First Published: May 25 2022 | 8:48 PM IST

Explore News

Stock Market Updates Stocks to Watch Today HDFC Bank Home Loan Latest News Live Asian Games LIVE updates World Cup New Zealand Schedule & Squad World Cup England Schedule & Squad Asian Games 2023 October 04 Schedule Asian Games Medal Tally Sikkim flash Flood

Companies News

Vedanta close to raising $3 bn from JP Morgan, Standard Chartered: Report How a debt iceberg might turn resources titan Vedanta into Titanic

Sports News

Cricket World Cup 2023: New Zealand full schedule, squad, timing, streaming Asian Games 2023 Javelin throw Neeraj Chopra live match timing & streaming

India News

NewsClick founder Prabir Purkayastha, HR head sent to 7-day police custody Govt office wall in HP's Dharamsala defaced with pro-Khalistan graffiti

Economy News

World Bank maintains India GDP growth at 6.3 % for FY24, cites investments Manufacturing PMI at five-month low in Sept but remains strong: Survey

To read the full story, subscribe to BS Premium now, at just Rs 249/ month.

Key stories on business-standard.com are available only to BS Premium subscribers.

Continue

Sugar stocks' outlook turns sour as export ban fuels panic selling

While strong lobbying to reverse curbs is expected, share prices are seen hitting new 52-week lows before the new season rolls in

Also Read

Is India's exports growth momentum sustainable?

Sugar stocks extend fall, slip up to 9% as government restricts exports

TMS Ep136: India's 400 bn exports, 5G, Credit Suisse's Dan Fineman, loan

What drove India's exports to record $400 billion?

TMS Ep168: Axis Mutual Fund, exports growth, Power stocks, e-passport

Growth worries to keep Divi's Labs under pressure in the near term

Strong volume growth trajectory, domestic biz outlook to support Concor

Growth pick-up under new mgt key for further gains in Godrej Consumer

Strong bookings and new launches to keep DLF on higher growth trajectory

Telecom industry is at last seeing healthy improvement in key parameters

Explore News