 "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 have rallied by up to 19% on the BSE on back of heavy volumes in an otherwise weak market. Uttam Sugar Mills, Dhampur Sugar Mills, Dwarikesh Sugar Industries, Thiru Arooran Sugars, KCP Sugar & Industries and Bajaj Hindustan Sugar were up in the range of 10% to 19% on the BSE. At 11:13 am; the S&P BSE Sensex was trading 0.21% lower at 34,404 points.
In past one month most of the sugar companies have outperformed the market by surging up to 70% against 10% decline in the benchmark index.
The Cabinet Committee on Economic
In past one month most of the sugar companies have outperformed the market by surging up to 70% against 10% decline in the benchmark index.
The Cabinet Committee on Economic
