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Sugar shares in focus; Dhampur, Mawana, Dwarikesh up over 4%

Avadh Sugar, Magadh Sugar and Uttam Sugar Mills were trading higher by more than 5% on BSE

Settlement of arrears within 14 days of sale was a prominent pre-poll promise of the Bharatiya Janata Party
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Settlement of arrears within 14 days of sale was a prominent pre-poll promise of the Bharatiya Janata Party

SI Reporter Mumbai
Shares of sugar companies were trading higher by up to 20% on BSE in otherwise weak market after the government imposed a limit on the amount of sugar that mills can sell in the market during February and March.

The market price of Avadh Sugar & Energy, Dhampur Sugar Mills, Magadh Sugar, Mawana Sugars, Dwarikesh Sugar and Uttam Sugar Mills were trading higher by more than 4% on BSE.

Dalmia Bharat Sugar, Triveni Engineering & Industries, Thiru Arooran Sugars, Sakthi Sugars, Shree Renuka Sugars and Rajshree Sugars up in the range of 3% to 4%. In comparison, the