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Sugar shares rally; Dwarikesh Sugar, Shree Renuka up 10%

Dwarikesh Sugar, DCM Shriram, Dhampur Sugar, Sakthi Sugars and Uttam Sugar have rallied over 10% each

Sugar shares rally; Dwarikesh Sugar, Shree Renuka up 10%

SI Reporter Mumbai
Shares of sugar producing companies have rallied by up 15% on the Bombay Stock Exchange (BSE) in an otherwise subdued market.

Dwarikesh Sugar Industries (up 17% at Rs 130), DCM Shriram Industries (13% at Rs 104), Dhampur Sugar (13% at Rs 64), Sakthi Sugars (12% at Rs 28), Dalmia Bharat Sugar (11% at Rs 77), Uttam Sugar (11% at Rs 24), Triveni Engineering & Industries (11% at Rs 46), Shree Renuka Sugars (10% at Rs 13.40) and Thiru Arooran Sugars (10% at Rs 40) have rallied more than 10% each on the BSE.

At 11:05 AM, S&P BSE Sensex was up marginally by 0.04% or 9 points at 24,616.

According to the Indian Sugar Mills Association, 107 out of the 513 sugar mills which processed sugar cane in the current 2015/16 crop year had already discontinued production by the end of February. Only 13 sugar mills had done so by this time last year. Of the estimated production of 26 million tonnes (mt) for the current sugar season, mills have produced 77%, or 19.5 mt, as of February-end. CLICK HERE TO READ FULL REPORT.
 

COMPANY LATEST PREV CLOSE %chg
DWARIKESH SUGAR 131.00 111.20 17.81
DALMIA BHARAT 79.90 69.45 15.05
DHAMPUR SUGAR 64.65 56.50 14.42
SAKTHI SUGARS 28.85 25.30 14.03
SH.RENUKA SUGAR 13.78 12.15 13.42
EMPEE SUGARS 5.60 5.00 12.00
RAJSHREE SUGARS 28.80 25.85 11.41
THIRU AROOR. SU. 40.00 36.00 11.11
UTTAM SUG.MILLS 24.25 21.85 10.98
TRIVEN.ENGG.IND. 45.75 41.35 10.64
UPPER GANG. SUG. 67.95 61.50 10.49
MAWANA SUGARS 20.65 18.80 9.84
RANA SUGARS 4.34 3.98 9.05
BAJAJ HINDUSTHAN 16.46 15.23 8.08
PONNI SUG.ERODE 185.00 171.60 7.81
OUDH SUGAR MILLS 43.10 40.00 7.75
KCP SUGAR &INDS. 23.25 21.60 7.64
DCM SHRIRAM INDS 99.00 92.05 7.55
DHARANI SUGARS 16.40 15.25 7.54
BALRAMPUR CHINI 91.85 85.70 7.18
PICCADILY AGRO 14.35 13.44 6.77
PARRYS SUGAR 27.40 25.70 6.61
DHAMPUR.SPL.SUG. 16.27 15.50 4.97
KM SUGAR MILLS 5.30 5.05 4.95
BANNARI AMM.SUG. 1175.00 1120.00 4.91
INDIAN SUCROSE 6.79 6.48 4.78
EID PARRY 192.60 184.40 4.45
UGAR SUGAR WORKS 12.95 12.40 4.44
       
LTP : Last traded price on BSE in Rs at 11:05 AM.

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First Published: Mar 04 2016 | 11:17 AM IST

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