Sugar stocks extend rally; Balrampur, Triveni, EID Parry hit record highs

Triveni Engineering hit a record high of Rs 198 as the scrip rallied 18 per cent today, taking its gains to 31 per cent in the past two trading days

Shares of sugar companies rallied for the second day in a row, with Balrampur Chini Mills, EID Parry and Triveni Engineering & Industries hitting their respective all-time highs on the BSE in intra-day trade on Tuesday on a strong outlook.

Triveni Engineering hit a record high of Rs 198 as the scrip rallied 18 per cent today, up 31 per cent in the past two trading days. The stock surpassed its previous high of Rs 196 touched in December 2007. Balrampur Chini Mills soared 6 per cent to Rs 357, gaining 13 per cent in two days, while EID Parry (India)