Sugar stocks in focus; EID Parry hits 52-wk high, Balrampur, Triveni up 5%

EID Parry's stock has zoomed 63 per cent in the past month

Shares of sugar companies were in focus at the bourses on Friday. The stocks gained up to 7 per cent on the BSE on report that the government is considering proposal to increase the minimum selling price (MSP) of sugar from the current Rs 31 per kg. Moreover, the strong operational performance of sugar companies in the January-March quarter (Q4FY20) results declared so far also aided the sentiment.

Balrampur Chini Mills, EID Parry (India), Triveni Engineering & Industries, Dalmia Bharat Sugar and Industries, Shree Renuka Sugars, Avadh Sugar, Dwarikesh Sugar and Dhampur Sugar Mills were up in the range