Sugar stocks continue to rise, Dalmia Bharat Sugar rallies 4.3%

Cane yield is expected to drop next season. Raw sugar futures soared to a 17-month high yesterday following continued worries about wet weather hurting Brazilian cane harvest.

Mar 23, 2016 05:03 IST India Infoline News Service

Shares of sugar companies continued their good run at the Sensex today, on back of rising commodity prices. Cane yield is expected to drop next season. Raw sugar futures soared to a 17-month high yesterday following continued worries about wet weather hurting Brazilian cane harvest.

Dalmia Bharat Sugar & Industries Ltd ended at Rs. 103, up by Rs. 4.3 or 4.36% from its previous closing of Rs. 98.7 on the BSE. The scrip opened at Rs. 98.6 and touched a high and low of Rs. 103.5 and Rs. 98.6 respectively. A total of 490457(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 798.98 crore.

KM Sugar Mills Ltd ended at Rs. 7.04, up by Rs. 0.27 or 3.99% from its previous closing of Rs. 6.77 on the BSE. The scrip opened at Rs. 6.75 and touched a high and low of Rs. 7.1 and Rs. 6.66 respectively. A total of 145062(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 62.28 crore.

Dhampur Sugar Mills Ltd ended at Rs. 85.1, up by Rs. 1.5 or 1.79% from its previous closing of Rs. 83.6 on the BSE. The scrip opened at Rs. 84.15 and touched a high and low of Rs. 87.45 and Rs. 84 respectively. A total of 1702539(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 503.4 crore.

EID Parry (India) Ltd ended at Rs. 207.15, down by Rs. 0.4 or 0.19% from its previous closing of Rs. 207.55 on the BSE. The scrip opened at Rs. 207.8 and touched a high and low of Rs. 212.8 and Rs. 205.8 respectively. A total of 830116(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 3649.04 crore.

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