Shares of sugar companies rallied by up 20 per cent on the BSE on Friday on the back of multiple positive news, including expectation of revival in sales, and hike in minimum selling price (MSP).
Dalmia Bharat Sugar and Industries, Dhampur Sugar Mills and Balrampur Chini Mills surged between 15 per cent and 20 per cent in the intra-day trade, while Avadh Sugar & Energy and Dwarikesh Sugar Industries were locked in the upper circuit of 10 per cent on the BSE.
With malls and restaurants being allowed to re-open from June 8, sugar demand is expected to rise. Therefore, along with

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