Dwarikesh Sugar, Shree Renuka: Why sugar stocks are buzzing in trade today

Quick Summary:

Key players in the sector, including Shree Renuka Sugars, Dhampur Sugars, and Balrampur Chini Mills, were among the top gainers.

Maintain our sell recommendation on Dwarikesh sugar,” DAM Capital analyst said in a note on August 29.

The policy shift comes after the imposition of restrictions in December 2023 aimed at boosting sugar output following a poor monsoon season that affected cane crops.

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Category: BusinessFinance

Markets: IndiaMali

Topics: Sugar companies Sugar Sector Stocks Shree Renuka Balrampur Chini Mills Dwarikesh Sugar Industries Bajaj Hindusthan Sugar Ethanol Sugar sector Sugar stocks Government Buzzing Stock Triveni Engineering and Industries EID Parry

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News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-16 @ 10:01:01 (21 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 434 words

Reading Time: 3 minutes read

Sentences: 20 lines

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Copyright Owner: © Business Standard

News ID: 22523435

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