Business Standard

Sugar shares in demand; Triveni, Dhampur, Balrampur surge up to 11%

Tight global demand-supply situation, favourable government policies and continuous push for higher blending will keep the inventory levels under control and sugar prices firm

sugarcane
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SI Reporter Mumbai
Shares of sugar companies were in focus with most of the frontline companies trading higher by up to 11 per cent on the BSE in Wednesday’s intra-day trade on positive outlook.

Triveni Engineering & Industries, Dhampur Sugar Mills, Balrampur Chini Mills, Dwarikesh Sugar Industries, Uttam Sugar Mills, EID Parry and Avadh Sugar & Energy were up between 3 per cent and 11 per cent on the BSE. In comparison, the S&P BSE Sensex was up 0.32 per cent at 58,850 at 10:44 am.

Among the individual stocks, Triveni Engineering & Industries surged 11 per cent to Rs 224,

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First Published: Nov 24 2021 | 11:11 AM IST

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