Sugar shares in focus; Dhampur Sugar, Uttam Sugar up over 5%

Uttam Sugar, Dhampur Sugar, Rajshree Sugar and Dwarikesh Sugar were up in the range of 3% to 10%

Shares of sugar companies were in focus, trading higher by up to 10% in noon deals. Uttam Sugar Mills, Dhampur Sugar Mills, Rajshree Sugar, Dwarikesh Sugar, Kesar Enterprises, Triveni Engineering & Industries, KCP Sugar and Mawana Sugars were up in the range of 3% to 10% on the BSE. In comparison, the S&P BSE Sensex was down 0.15% at 29,745 points at 12:57 pm.

In the past five trading days till yesterday, most of the sugar stocks had underperformed the market after the government decided to allow import of a restricted quantity of only 5 lakh MT of raw