 "From the 2018-19 sugarcane season starting October, the Centre not only increased the base recovery rate from 9.5 to 10 per cent, but also raised the premium extra yield in sugar from Rs 2.68 per quintal to Rs 2.75 a quintal")
Shares of sugar companies are on a roll, rallied by up to 20 per cent on the BSE on improved operational performance in March quarter (Q4FY19).
Mawana Sugars and Avadh Sugar & Energy have rallied by up to 20 per cent each on the BSE. Uttam Sugar Mills, Magadh Sugar & Energy, Dalmia Bharat Sugar and Industries, Andhra Sugars, Rajshree Sugars & Chemicals, Dhampur Sugar Mills, Triveni Engineering & Industries and Dwarikesh Sugar Mills were up in the range of 8 to 18 per cent on the BSE. In comparison, the S&P BSE Sensex was up 1.1 per cent
Mawana Sugars and Avadh Sugar & Energy have rallied by up to 20 per cent each on the BSE. Uttam Sugar Mills, Magadh Sugar & Energy, Dalmia Bharat Sugar and Industries, Andhra Sugars, Rajshree Sugars & Chemicals, Dhampur Sugar Mills, Triveni Engineering & Industries and Dwarikesh Sugar Mills were up in the range of 8 to 18 per cent on the BSE. In comparison, the S&P BSE Sensex was up 1.1 per cent
