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Sugar stocks rally up to 8% post strong Q2 results by Dwarikesh Sugar

Balarmpur Chini, Triveni Engineering, Shree Renuka, Dhampur Sugar, Dalmia Sugar and Avadh Sugar gained in the range of 4 per cent to 8 per cent in Tuesday's intraday trade

Sugar, Ethanol, Sugarcane
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Workers load a bundle of sugarcane onto a truck while harvesting the crop in the Jalana district of Maharashtra, India | Bloomberg

SI Reporter Mumbai
Shares of sugar companies rallied up to 8 per cent on the BSE in Tuesday's intraday trade after Dwarikesh Sugar's reported a strong set of Q2 numbers.

Balarmpur Chini Mills surged 8 per cent to Rs 326, while Triveni Engineering & Industries surged 6 per cent to Rs 201.70, followed by Shree Renuka Sugars (5 per cent at Rs 29.05), Dhampur Sugar Mills (5 per cent at Rs 308), Dalmia Sugar (5 per cent at Rs 428) and Avadh Sugar & Energy (4 per cent at Rs 428.95). These stocks had corrected up to 24 per cent from their