Sugar stocks on roll; Dalmia, Dhampur, Rajshree, Sakthi zoom up to 20%

The government of India has taken a slew of measures in the past couple of years that have changed the dynamics of the sugar industry

Shares of sugar companies were on a roll as they rallied up to 20 per cent for a second straight trading day on Monday on the back of heavy volumes.

According to a PTI report, the government may consider increasing sugar export quota for the current 2022-23 marketing year after assessing the domestic production in January.

Dalmia Bharat Sugar and Industries (Rs 440.55), Rajshree Sugar & Chemicals (Rs 66.70), Sakthi Sugars (Rs 34.55), Dhampure Speciality Sugars (Rs 34.80) and Simbhaoli Sugars (Rs 33.80) zoomed 20 per cent on the BSE in today's intra-day trade.

Dhampur Sugar Mills,