Firm recovery

INVESTING INSIGHT

Stocks of sugar companies have gained in last three months on the Bombay Stock Exchange (BSE).

Share price of Balrampur Chini jumped from Rs 287.04 on June 1, to today's close of Rs 381.60, up 32.94 per cent on the Bombay Stock exchange (BSE).

During the same period the stock price of Dhampur Sugar shot up from Rs 30.10 to Rs 45.50, up 51.16 per cent, Dharani Sugars increased from Rs 8.35 to Rs 11.77 up 34.97 per cent and Kesar Enterprises gained from Rs 24.90 to Rs 30.35, up 21.88 per cent.

Share price of Nahar Sugar & Industries gained from Rs 7.97 to Rs 10.98, up 37.76 per cent, Rana Sugars increased from Rs 9.48 to Rs 14.90, up 57.17 per cent, Rajshree Sugar moved up from Rs 27.25 to Rs 34.40, up 26.23 per cent and Oudh Sugar Mills appreciated from Rs 38.45 to Rs 61.15, up 59.03 per cent.

Share price of Pratappur Sugar & Industries gained from Rs 9.25 to Rs 10.41, up 12.54 per cent, Ravalgaon Sugar increased from Rs 2085.00 to Rs 3123.45, up 57.17 per cent, Simbhaoli Sugar moved up from Rs 16.20 to Rs 23.05, up 42.28 per cent and Upper Ganges Sugar appreciated from Rs 63.80 to Rs 88.95, up 39.42 per cent.

Bannari Amman Sugars rose from Rs 303.05 to Rs 340.15 and Riga Sugar rose from Rs 14.55 to Rs 17.64 up 21.23 per cent.

Ponni Sugars (Orissa) was the only stock to minorly drop from Rs 2.24 to Rs 2.00 down 10.71 per cent. Aruna Sugars increased from Rs 1.81 to Rs 2.61, while Bajaj Hindustan rose from Rs 41.50 to Rs 68.84 up by 65.87 per cent.

Sakthi Sugars rose from Rs 26.20 to Rs 31.05 up by 18.51 per cent. Piccadily Sugar & Allied rose from Rs 2.29 to Rs 3.12, and Empee Sugars rose from Rs 2.10 to Rs 3.67. Piccadily Agro Industries prices doubled from Rs 1.99 to Rs 3.06.