Sugar shares in focus: Dwarikesh Sugar up 10% on heavy volumes

Ugar Sugar Mills, Uttam Sugar Mills, Dhampur Sugar, Simbhaoli Sugar and Balrampur Chini Mills were up more than 2% on the BSE.

Shares of sugar companies have moved higher by up to 10% on the BSE on back of heavy volumes.Dwarikesh Sugar Industries, Triveni Engineering Industries, Ugar Sugar Mills, Uttam Sugar Mills, Dhampur Sugar, Simbhaoli Sugar and Balrampur Chini Mills were up more than 2%. On comparison, the S&P BSE Sensex was down 0.15% at 32,828 points at 03:09 PM.

According to Indian Sugar Mills Association (ISMA), October-November sugar production was at 39.5 lakh tone. This is about 11.69 lakh tons higher than the production in the last season upto the same corresponding period when 27.82 lakh tons of